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. � ��131�1��
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<br /> "cov�nant and agreement" is used�n Section 9. �f Bvrra�er is abligated tv pay Escrov�r rtems directl�, pursuant tn
<br /> a vvai�er,and Borro��r fails ta pay the amaunt due far an Escrow Item, Lender rnay ex�rcise its rights under Sectian
<br /> 9 and pay such amount and Bnrrawer shal��hen be ob�xgated und�r 5ec�inn 9 ta repay to Lender any such amaunt.
<br /> Lender may re�oke�he�vai�er as tv any❑r all Escrav�Y�ems a�any time by a notice g��en xn accordance with Sectivn
<br /> �.5 and, upfln such revocation, Borrower sha�l pa�to Lender a11 Funds, and in such amounts, that are th�n requ�red
<br /> under this 5ect�on 3.
<br /> Lend�r may,at an�time,coliect and hald Funds in an amount(a}sufficient�v permi�Lender t❑app�y the Funds
<br /> a�the�ime spec�fied under RESPA, and �b} not to exceed the maximum amount a�ender can require under RESPA.
<br /> Lender shall�stimat�the amounf af Funds due an the basis of curr�nt data and reasonable estimates of expenditures
<br /> of future Escrov���ems or vtherv�ise in accordance vvith App�icable Lavv.
<br /> The Funds shalX be held in an�nstitution �vhose deposits are insured by a federal agenc�, xn5trumentali�y, or
<br /> entit� �inc�uding Lender, if Lender is an institution whose depasxts are so insured} or in an�Federa�Home Lnan
<br /> �ank. Lender shal�apply the Funds�o pay the Escrov�Iterns no�ater than the time specified under RESPA, Lender
<br /> shall not charge Barro�ver for ho�ding and applying the Funds, annual�y analyzing the escrow account, ar�erifying
<br /> the Escrovv I�ems, unless Lender pays Bvrro�er interest❑n the Funds and Applicable Law permi�s Lender tv make
<br /> such a charge. Unless an agreement�s made in�riting ar Applicable Law requires interes�to be paid❑n�he Fun�s,
<br /> Lender shail not be required ta pay}3orra�ver any�n��r�st or earnrngs❑n the Funds. Barrower and L�nder can agree
<br /> in�rriting, ho�ve�er, that interest sha11 be paid on the Funds. Lender sha11 gxve to Borrvvver, �ithout charge, an
<br /> arinual accounting of the Funds as required by RESPA.
<br /> �f there xs a surplus af Funds held in escro�v, as defined under RESPA, Lender shall account�a Bvrrower far
<br /> the excess funds in accvrdance vvith RESFA. Zf th�re is a shor�age of Funds held in escrow,as de#ined under RESPA,
<br /> Lender shail n�t�fy Borrower as requ�red by RESPA,and Borrower shall pa��v Lender the amount necessary to make
<br /> up�he shortage in accardance�ith RESPA, but in nv m�re than �2 manth��pa�ments. �f there is a deficiency of
<br /> Funds heid in escrovv,as defined under RESPA, Lender sha11 notify Borro�rer as required by RESPA, and Borrower
<br /> shall pay to Lender the amoun�necessary to make up the d�#�cxency in accordance�rvith RESPA, but in no more than
<br /> ].2 monthly payments.
<br /> Upan payment in full vf a1�sums secured by this S�curi��nstrum�nt, Lender shall prnmpt�y refund to Barrower
<br /> an�Funds held by Lender.
<br /> 4. �harg�s;Liens, Borrower sha11 pa�aIx taxes,assessments,charges,f�nes,and�mpasit�ons a�tributabl�t�
<br /> the Property v�hich can attaxn priority over thxs Security Ins�rument, leaseho�d pa�ments ar ground ren�s an th�
<br /> Proper�, if any, and Communx�y Associativn Dues, Fe�s, and Assessments, if an�r. Ta the extent that these items
<br /> are Escrav��tems, Barrawer shail pay them in fhe manner pra�ided in Section 3.
<br /> Borrov�ver sha�i promptry d�scharge any lien v�hich has priority o�er this 5ecuri�y Yns�rument un�ess Barro`rver:
<br /> (a}agrees in�rvri�ing to the payment of the ab�igat�an s�cured by th�iYen in a manner acceptable�o Lender,but❑nl�
<br /> sn long as Sorrvwer is p�rfvrming such agreement; �b} contests the Iien xn good faith by, ar defends against
<br /> � enforcemen�af�he li�n in,�egal prviceedings vvhxch in Lender's vpxni�n operat�tv pre�ent the enfarcement❑f the ixen �
<br /> �rvhile thnse prnc��dxngs are pending, but anly until such proc�ed�ngs are cancluded; ar (c} secures from the hold�r
<br /> af the lien an agreem�nt sat�sfactory t❑ Lender subordinating the Iien ta �h�s Security Instrument. If Lender
<br /> determines that an�part of the Property is subject tv a�ien which can attain priarity o�er this 5�curity�nstrurnent,
<br /> Lender ma�gi�e B�vrrower a notice id�n�if�ing the �xen. �]�Tithin Z U days of the�ate on which tha�notice i5 gi�en,
<br /> Sorrower shail sat�sfy the l��n or tak�vne or more af th�actians se�fvrth above in�his 5�ctivn 4.
<br /> _ Lender ma�require Borro�ver ta pa�a one-time charge far a real�state tax�erifica#ion andlor repor�ing ser�v�ce
<br /> used by Lender in cannection�vith this Laan.
<br /> 5. Praperty Insurance. Borrovver shal� keep the impra�ements nav� Qxis��ng or hereaf�er erected �n the
<br /> Property insured against�vss by f�re, hazards inc�uded vvi�hin the t�rm "extended cv�erage," and any vther hazards
<br /> including, hut nvf limited to, earthquakes and f�oods, for vvhich I�ender requires�nsurance. This insurance shall be
<br /> maxntained in the amvunts �including deduct�b�e le�els} and for the periods that Lender requires. What Lender
<br /> requires pursuant to�he preceding sentences can change durxng the�erm vf the Laan. The insurance carrier pra�iding
<br /> the insurance sha11 be chosen by Borra�er su�ject�v L�nder's righ�ta disapprove Borrvwer's choxce,�vhich right sha11
<br /> NEBRASKA--Sing�e Family-�Fannie MaelFreddie Mac UNIF�RM fNSTRUMENT-MERS pnclHac�ic
<br /> Form 3�28 �IQ� Page 5 v��5 www_dacmagi�.com
<br /> Nc3D28.mzd.xmi
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