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201210448
<br /> E1ny npplicntion uf paymcnts, insurance proceeds, or Misoellaneous Proceeds to prinoipal due undcr tl�e Note
<br /> sti�tll not extend or poat�one the due d1te, or change tho amo�mt, of the Periodic Pa}nnents.
<br /> 3. I'mids for Eecrow Iteme. Borrower sliall pay to Lcuder on tl�e day Periodic Payments are due under Lhe
<br /> Note, until the Note is pnid in fiill, n auin(Che"Rtimd.s") to provide for payinent of a�nounts due for: (a) taxes
<br /> and assessme�its end other iteme which cau nttniiz priority over uhia Security inst�•Lime�it Ts a lien or
<br /> aucwnbrEuice on the Property, (b) leasehold payments or ground rents on 11ie ProperCy, if any; (o)pre�nitiims
<br /> Por any and all insurancc required by l,ander under 9ection 5; aud(d)Mortgnge Insurnnee preiniim�e, if any,
<br /> ar any snms p�ynble by Borrower to Lender in lieu of thc paymcnt of Mortgage Insuruice preuiimns in
<br /> accardance with Yhe provisions of Section 10. These itema zre oalled "L+eorow licros." At m•ibination or at
<br /> a�ry time dw ing flie term of Yhe T oan, Lender inay require that Community Association Dues, Pees, nnd
<br /> Assessments, lY AY]Y, be escrowed by Borrower, sard suoh dues, Pees and�.csoesmente shall be an Sscrow
<br /> Item. Borrower skall proinpCly lartaish to Lender all notices of amounts to be paid under Lhis Seclion,
<br /> Borrowc;r shall pay l.ancler the.Cnnds for Escrow Iteins unless Lender waives Borrower's obligation to p�y
<br /> Che Funds for zwy or all �acrow Itei��s, Londcr mety waive Borrower's oUligation to pay to Lender Ftmds for
<br /> �rny oi all Esarow Items at any time. At�y such waiver inay o�fly be in writing. ln the event of such waivar,
<br /> Borrower shall pey directly, when nnd where payable, the amouuls ciue Por any�scruw Items for wl�ich
<br /> pa5nnent of Fwids has been waived by Lender and, if L,ender requires, shall fiartush to Lender receipf�
<br /> evidoucing auch paymcnt within such timc period as Lender may require. Borrower's oUligation to make
<br /> such pnyAnents ¢nd ko�rovide receipts shnll for all purpoaes be deemed fo be a covcnant and agreemeut
<br /> contained in this Security Instruinent, as tha plvase"covenant azid agreemenC" is used in Sechion 9. If
<br /> Borrowc�'is oUligttfud to pay F,scrow ltems directly, puraLiant to a waiver, aud Borrower fails to pay the
<br /> amouut due for nn L+sorow ICem, Lencler may exernise ifs righCe under Section 9 and pay such EunoLu�t aiid
<br /> Borrower ehnll theu be obligated uncler Section 9 to repny to Lender �ny suoh an�ounl. Lencie� inay revol<c
<br /> the waiver as to auy or all�sorow IYeins at any tima Uy a uotice giveu iu aceordance with Seotion 15 and,
<br /> Upoi� such revocation, Borrower shall ptty to I.ender ull C'unds, a��d in such amouuYs, that aae Chen required
<br /> wider lliis Secfion 3.
<br /> Lcndcr may, at any tiinc, colla;t and hold Fw�ds in�n ainount(a) sufficient�to pennit Leiidec to apply fhe
<br /> Pnnde At tl�ie tnne epecified under RE:SPA, and(6) not tio exceed khe mtiximum�moimk a lendor can require
<br /> under RESPA. Lender shall estiinate the amount of Funds due on Yhe basis of current dakn end rensonnble
<br /> estimatea o£e�endiLures of�hriure Essrow Items or ofliertvise in acoordance with Applicabic Lttw.
<br /> The Punds shnll l�e held in an institution whose deposits are insurecl l�y a fedei al agency, instriuncntality, or
<br /> entity(including Lender, if Lender is Tn institution whose deposits are eo inaured) or in nny Pederal Home
<br /> Loai�Banit Lender shall apply Uie Funda to pay the Sscrow Iteins no later iluui the time speciYied under
<br /> R}+;SPA. Lender xhall not charge 73orrower for holding and applyinf;the Pwids, annually an�.lyzing the
<br /> �.scrow aocolmt, or verifying the L�scrow Ilei2�s, tuileas Lender pays Borrrower intcrc,at on the b'unds and
<br /> Applicable Law permite Lender to m�lce such a ch�u•ge. Unlesa nn ngreement is m�de in wrihing or
<br /> Applioable Law requires intarest Co Ue paid on the Punds, Lender shall noE be reqturad to pay Borrower Auy
<br /> intcrest or earnings on thc b'mzds. Borr•ower an3 Le��dor oan agree'rn wrilir�g, liowever, kliut interest sliall be
<br /> p�id ov the I'unds. Lender ehnll give to Borrower, withouC charge, an anmtal acconnCing of 11ie FLmdc as
<br /> iequired Uy RESPA.
<br /> If there is a smplus of Fwids held iu escrow, es defined wider RESPA, Lender sh<�11 nccount to Borrower For
<br /> the excess funds in accordance with RFSPA, [f theta is a 9hortage�of['wids held in escirow, as detined tuidar
<br /> RESPA, La�der eh�ll noti�£y Borrower as required by I2LSPA, �nd Borrowcr shall pay to Lendo� thc amaunt
<br /> necess¢ry Co innke up the shortage in eccordance with RESPA, but in no more than 12 inonthly payment�. PP
<br /> there is a deficiency of Funds held in escrow, as definecl undar RCSPA, Lender shnll uotify Borrower ne
<br /> 24002471
<br /> NEBRASKA-Single Famlly-Fannle MaefFre�tlle Mac UMFORM INSTRUh1 EN f Form 3�28 1l01
<br /> VM P OO VM P6(NE)(11051
<br /> bVoltors Kluwer Financinl Services Pa9e�of 1 i
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