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��14�1�93
<br /> The Fu�ds sha1l be held in an ins�i�utio��v+rhos�d�posi�s ar��nsured by a federal agency, ins�rumen�ality, or
<br /> entity�including Lender, �f Lendei- is an inst�tu�io�v�hose deposi�s are sa insu�-�d� ��- in any F�de�-al Home
<br /> Loan Bank. Lender sha�� apply the Funds�o pay�he Escrow�tems no i ater�ha��the time speci fi ed under
<br /> RESPA. Lender sha11 na�charge Barr�wer fa�-hold�ng and applying the Funds, annua��y ar�alyzing�he
<br /> esc�-ow accoun�, ar�erify�ng the Escrow��ems, u�less Lende�- pays Borrower �nte�-es�on the F'unds and
<br /> Applicable Law permits Lender�a make such a charge. U�Zless an agreen�ent is made in wri�ing ar
<br /> Applicable Lav�r re�uires inte�-es�ta be paid an the Funds, Lender shall na�be reauired�a pay Bo�ro�ver any
<br /> in#.e��es�or earnings on the Funds. Bo�-rower and Lepder �an agree in wri�ing, howe�er, that interest shall be
<br /> paid on�1��Funds. Lender �hal1 give�o Borrower, �nri�hou�charge, an annual accounti��g of the Funds as
<br /> reau�red by RESPA.
<br /> �f�t-�ere is a surplus�f Funds held in escrow, as def�-�ed under RESPA, Lende� �hall account to Borrower f�r
<br /> the excess funds in acca�-dance wi�h RESFA. �f there �s a shor�age of Funds h�ld in escrow, as defined under
<br /> RESPA, Lender shall r�o�ify Bor�-ower as requ�red by RESPA, and Borrowe� shall pay ta Lender the amount
<br /> ne�essary�o make up�he sho�-tage in accardance with RESPA, but in�o mare tl�an 12 monthly paymen�s. If
<br /> �her� is a defciency of Funds held �n escrov�r, as d�fined under RESPA, Lender sha�l natify Ba�-rav�er a.s
<br /> required by RESPA, and Borrawer shall pay to Lend�r�he amou���n��essary�o make up�he d�ficiency in
<br /> ac�ordance vWi�h RESPA, bu�in no n�ore than I2 r��o���h1y paymen�s.
<br /> Upon paym�nt in full of all sums se�ured b��h�s Security Instrume�l�, Lender sha�I promptly refund to
<br /> B�rrower any FUnds held �y Lender.
<br /> 4, Charges; Liens. Barrc�we�� shall pay a�� �axes, assessme�ts, cha�•ges, f�nes, and imposi�i�ns a���-�bu�able��
<br /> the Proper�y which can at�a�n priority over�h�s Secur�ty �n��rument, Ieasehold pay�nents or ground ren�s on
<br /> the Property, if any, and �on�munit�As��ciation Dues, Fees, and Assessments, if any. To the extent�hat
<br /> �hese it�ms are Esc�-ornr Ytems, Sarrower shall pay them in�he manne�•p�•ov�ded in Sec�ion 3.
<br /> Borr�wer sha�l promptly discharge any lien v�hich has pxior�ty o�er this Secu�-�ty�nst�-ument unless
<br /> Borrawe�: �a} ag�r�es in wri�ing�o�he payment af�he obliga�ion secured by�he 1 ien in a manner accep�able
<br /> to Lend�r, but on�y so lon�;as Barrow�r �s perfor�ning such agreement; �b} car�tests the lien in gaod faith by,
<br /> or defends a�ains�enfor�ement of�he lien in, �egal p�•oceedin�;s which in Lender's apini�n ape�-ate to pre�ent
<br /> the enfor�emen�of�h� 1 ien wh�le�hose�proceed�ngs are pending, but on�y unt�1 such proceedings a�e
<br /> conciud��; or �c}secures from�he holcier af�he �ien an agr�emen�sa��sfac��ry�o Lender subard�nating�h�
<br /> �ien�o�h�s Security�nstx•umen�. �f Lende�- de�ermines�hat an�part af�he Pr�per�ty is subjec��o a�ien which
<br /> can a��ain pr�ority over this Securit�Ins�ru��n�nt, Lender may give Borrower a na�ice�dentifying the l�en.
<br /> �i�h�n l 4 �iays of the dat� �n whi�h�hat no�ice is g�ven, Borrower shall sat�sfy the Iien ar�ak�one or mare
<br /> of�he actians se�fo�-�f�above�n �his 5ection 4.
<br /> Lender may re�ui�-e�o�-�-nwe�•to pay a one-time charge foi a real esta�e tax�rerificatian andlor repo�-�.ing
<br /> ser�vice used by Lender in cflnnectian v�rith�his Loan.
<br /> 5. Pr�perty Insurance. Borrowe�- shal� k�ep the impra�emen�s now exis���g or hereafter erected an the
<br /> Praper�y insur�d agains�.loss by f�-e, hazards included wi�hin the�er-m "ext���ded coverage," and az�y a�her
<br /> hazards in�lud�ng, but no� �im�ted�a, ea�-�hquakes and flaods, for v�hich Lendez•�-�qui�-es �nsu�-ance. This
<br /> insurance sha�l be maintained in the a���aunts �including deduc�ible Ievels}and for �he peri�ds tha�Lende�-
<br /> requires. �]�That Lender r�qu�res pur�uan��o th�preceding sentences can change dut•it�g�he term af the Laan.
<br /> The insurance carrier pro�riding�he insu�ance shal� be chosen by Bo�•�•nwe�- subject to Lende�•'s�-ight to
<br /> disapprove Bo�-row�r's choice, v�rhich right shall not b�exerc�s�d unr�aso�aabXy. Lend�r tnay require
<br /> Bor�-ov�er to pay, in �onnec��on with�hi�Loan, either-: �a� a one-�ime charge for flood z�ne de�ermina�ion,
<br />, certifcati�n and tracking servi�es; or �b� a�ne�time char�e for flofld zone determina�ion and ce�-��f ca��on
<br /> 88a�55�503 � S8p1561643
<br /> NEBRASKR-5i�gle Famify-Fanr��e MaelFreddie M ac UNIFaRM �NSTR�M ENT WITH M ERS � � �orm 3028�101
<br /> VMP� VMPfiA(N�}��3�2�
<br /> Walters Kluwer Financiaf Services Page S of�7
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