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201301557 All\' apphcatiim of payments, insurance proceeds, or MISLLthii cuuS PrwCred9 In iir6Llpai due tinder the Nate shall not extend or postpone the due date, or change the amount. of the Periodic Payments. 3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note. until the Note is paid in fill. a sum (the "Funds") to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain pnonl) over this Security' Instrument as a lien or encumbrance on the Property. (h/ leasehold payments or ground rents on the Proper - if any: (c) premiums for an\ and all unsuuuncc required by Lender under Section 5: and(d)Mortgage insurance premiums, if any. or am sums payable by Borrower to Lender in lieu of the payment of Mortgage tnsii€mice premiums in acrordalkc with the provisions of Section to. These items arc. called "Escrow Items " At origination or at an time dining the term of the Loan. Lender may require Thal Community Association Dues. Fees, and Asseissmerns, ii any.be escrowed h\ Borrow Cr, and such dues. fees and assessments 31,.111 be an Escrow Item. Ltotmut el shall promptly furnish In Leader all notieey nl amounts to be paurl under this Section, Borrower shall pay Lender the Funds for Escrow Items runless Lender wan es Bon o a er s obligation to pay the Funds for any or all Escrow items. Lender may waive Bonowcr s obligation to pa) to Lender Funds for any or all Escrow Items at any time. An ' such waiver may ooh be in writing In the event of such waiver. Borrower shall pay directly. when and where payable. the amounts due for any Escrow Items for which payment of Funds has been waived by Lender and, if Lender inquires. shall furnish to Lender receipts evidencing such payment within such lime period as Lender ma) require. Borrow er s obligation to make such payments and to provide receipts shall for all purposes be deemed to be a cm enant and agreement contained in this Security instrument, as the phrase "covenant and agreement" is used in Section 9. If Bmmuei is obligated to per) Escrow ]twos directly. pursuant to a waiver. and Bornnyer fails to pay die amount due for all Escrow Item. Lender may exercise its rights under Section 0 mid pal such amount and Borrower shall then be obligated under Section 0 to repay to Lender any such amount Lender may revoke the wake] as to any or all Escrow Items at any time by a notice given in accordance with Section 15 and upon such revocation. Borrower shall pay to Lender all Funds. and in such amounts, that are then required under this Section 3. Lender may. at any time. collect and hold Funds in an amount I a) sufficient to permit Lender to apply the Funds ai the time specified sunder RESPA. and(b) not to exceed the maximum amount a lender can require under RESPA. Lender shall estimate the amount of Funds due on the basis of cur rent data and reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable Lan. The Funds shall he held in an institution whose deposits are insured by a federal agenc). instrmentality_ or entity' tincludin:r• I.cndei, ]f Lender is an institution w hose deposits are so insured; ❑1 in any Federal Howe I.oar Dank Linder shall apply the Funds to pay the Escrow hems no later Than the Liege specified uncle' RESPA Lender Shall not charge Borrower fur holding and apps ing the Funds. +rmnall) analyzing the escrow,,eLouut. or verifying the F.senrw Items. unless 1.nuder pays Borrower nmEresl an the Funds and Applicable Law permits Lender to make such a charge Unless an agreement is made in writing or Applicable Law requires interest to be paid on the Finds, Lender shall not be requited to pa) Borrower any interest or earnings on the Funds. Borrower and Lender can agree in writing. however, that interest shall be paid on the Funds. Lender shall give to Borrower. without charge. an annual accounting of the Funds as required by RESPA. If there is a surplus of Funds held in escrow. as defined under RESPA. Lender shall account to Borrower I or the excess funds in accordance with RESPA. if there is a shortage of Funds held ire escrow. as defined under RESPA. Lender shall notify Bo,row or as required by RESPA, and Borrower shall pal ID Lender the an,ruin necessary to make up the shot-Lap. in :accordance with RESPA, but in no more than 12 monthly payments If there is a deficiency of Funds held iii escrow. as defined uudia RESPA. Lender ch ill notify Borrowei as NEBRASKA-Single Fan::ramie Mae/Freddie Mac UNIFORM'NETRUMENT Foim 302'd 1.1:1 VMP_w VMPe(NE)(11051'C0 Wolters Kluwer Finznnai Se-,':ces Page'_0117