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201301746
<br /> shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or verifying
<br /> the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make
<br /> such a charge. Unless an agreement is made in writing or Applicable Law requires interest to he paid on the Funds,
<br /> Lender shall not be required to pay Borrower any interest or earnings on the Funds. Borrower and Lender can agree
<br /> in writing, however, that interest shall be paid on the Funds. Lender shall give to Borrower, without charge, an
<br /> annual accounting of the Funds as required by RESPA.
<br /> If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to Borrower for
<br /> the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow,as defined under RESPA,
<br /> Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make
<br /> up the shortage in accordance with RESPA, but in no more than 12 monthly payments. If there is a deficiency of
<br /> Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower
<br /> shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than
<br /> 12 monthly payments.
<br /> Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly refund to Borrower
<br /> any Funds held by Lender.
<br /> 4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to
<br /> the Property which can attain priority over this Security Instrument, leasehold payments or ground rents on the
<br /> Property, if any, and Community Association Dues, Fees, and Assessments, if any. To the extent that these items
<br /> are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br /> Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower:
<br /> (a)agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only
<br /> so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against
<br /> enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien
<br /> while those proceedings are pending, but only until such proceedings are concluded; or(c) secures from the holder
<br /> of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender
<br /> determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument,
<br /> Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given,
<br /> Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4.
<br /> Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service
<br /> used by Lender in connection with this Loan.
<br /> 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the
<br /> Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards
<br /> including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be
<br /> maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender
<br /> requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier providing
<br /> the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall
<br /> not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a)a one-
<br /> time charge for flood zone determination, certification and tracking services;or(b)a one-time charge for flood zone
<br /> determination and certification services and subsequent charges each time remappings or similar changes occur which
<br /> reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of
<br /> any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone
<br /> determination resulting from an objection by Borrower.
<br /> If Borrower fails to maintain any of the coverages described above. Lender may obtain insurance coverage, at
<br /> Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount
<br /> of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's
<br /> equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater
<br /> or lesser coverage than was previously in effect. Borrower acknowledges that the,cost of the insurance coverage so
<br /> obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed
<br /> by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These
<br /> NEBRASKA—Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT tMcMagicelorm
<br /> Form 3028 1101 Page 5 of 14 www.docmagic.com
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