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201301985
<br /> 216302723
<br /> The Funds shall be held in an institution whose deposits are insured by a federal agency,instrumentality,or
<br /> entity (including Lender,if Lender is an institution whose deposits are so insured)or in any Federal Home
<br /> Loan Bank.Lender shall apply the Funds to pay the Escrow Items no later than the lime specified under
<br /> RESPA.Lender shall not charge Borrower for holding and applying the Funds,annually analyzing the escrow
<br /> account,or verifying the Escrow Items,unless Lender pays Borrower interest on the Funds and Applicable Law
<br /> permits Lender to make such a charge.Unless an agreement is made in writing or Applicable Law requires
<br /> interest to be paid on the Funds,Lender shall not be required to pay Borrower any interest or earnings on the
<br /> Funds.Borrower and Lender can agree in writing,however,that interest shall be paid on the Funds.Lender
<br /> shall give to Borrower,without charge,an 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
<br /> RESPA,Lender shall notify Borrower as required by RESPA,and Borrower shall pay to Lender the amount
<br /> necessary to make up the shortage in accordance with RESPA,but in no more than 12 monthly payments.If
<br /> there is a deficiency of Funds held in escrow,as defined under RESPA,Lender shall notify Borrower as
<br /> required by RESPA,and Borrower shall pay to Lender the amount necessary to make up the deficiency in
<br /> accordance with RESPA,but in no more than 12 monthly payments.
<br /> Upon payment in full of all sums secured by this Security Instrument,Lender shall promptly refund to
<br /> Borrower 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
<br /> the Property,if any,and Community Association Dues,Fees,and Assessments,if any.To the extent that
<br /> these items 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
<br /> only so long as Borrower is performing such agreement; (b)contests the lien in good faith by,or defends
<br /> against enforcement of the lien in,legal proceedings which in Lender's opinion operate to prevent the
<br /> enforcement of the lien while those proceedings are pending,but only until such proceedings are concluded;or
<br /> (c)secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this
<br /> Security Instrument. If Lender determines that any part of the Property is subject to a lien which can attain
<br /> priority over this Security Instrument,Lender may give Borrower a notice identifying the lien.Within 10 days
<br /> of the date on which that notice is given,Borrower shall satisfy the lien or take one or more of the actions set
<br /> 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 than.
<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
<br /> hazards including,but not limited to,earthquakes and floods,for which Lender requires insurance.This
<br /> insurance shall be maintained in the amounts(including deductible levels)and for the periods that Lender
<br /> requires.What Lender requires pursuant to the preceding sentences can change during the term of the Loan.
<br /> The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to
<br /> disapprove Borrower's choice,which right shall not be exercised unreasonably.Lender may require Borrower
<br /> to pay,in connection with this Loan,either: (a)a one-time charge for flood zone determination,certification
<br /> and tracking services;or(b)a one-time charge for flood zone determination and certification services and
<br /> NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MFRS Form 3028 1101
<br /> VMP® VMP6A(NE)(1105)00
<br /> Wolters Kluwer Financial Services Page 6 of 17
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