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<br /> Any appl�cation of payments, insurance proceed�, or Miscel�aneous Proceeds to principal due und�r the N'o��
<br /> shall no��xt�nd or pos�p�ne th�due da�e, �r change th�amoun�, of the Periodic Paymen��.
<br /> 3. �`unds for Es�row ItemS. Borrower shal� pay�fl Len�i�r on�he day Periodic Paymen�s are due und�r�he
<br /> No�e, unti� the No�e is paid in ful�, a sum�the "Funds"} to prov�de for payment of amoun�s due for: �a} �axes
<br /> and assessrn�.ents and ather items wh��h can a�tain priority ��er this Security �ns�rum�nt as a lien or
<br /> encumbrance on the Prnper�y; (b} ieaseho�d payment�or ground rents on the Property, �f any; ��} premiums
<br /> for any and all �nsurance required b� L.ender under S�cCion 5; a.nd �d} Mor�gage Insurance premiums, if any,
<br /> or an� sums payable by Barrower ta Lender in lieu of the paymen�of Mortgage �nsurance premiums in
<br /> accordance with the pro�isions of Se���on �4. �These�tems ar��all�d "Escrow I��ms." A�orig�natian or at
<br /> any �ime during the�erm flf the L.�an, Lender ma� requ�re tha��ommuni�y Association I3ues, Fe�s, an�
<br /> Assessmen�s, �f any, be escrowed by Borrower, and such dues, fees and assessments s�all be an Escraw
<br /> I�em. BorrQwer shall pr�mp�l� furnish to Lender a��nn�ices nf amounts to be paid under�his Section.
<br /> Borrower shall pa� Lender�he Funds for Escrow��ems un�ess Lender wai��s B�rrower'� ob�igation to pay
<br /> the Funds far any�r all E�crow Items. Lender may vvaive Borrower's�bligation to pay to Lend�r Funds far
<br /> any or atl Escraw �terns at an�time. Any such wai�er may on�y be �n wri�ing. �n th���enC of su�h wai��r,
<br /> Borrnwer shal�pay directly, when and where payable, �he amounts due far any Escrow It�ms for which
<br /> payment of Funds has been wai�ed by Lender and, if Lender r�qu�res, shail furnish to L�nder receipts
<br /> e�id�ncing such payment within such time per�od as I.�;nder may require. Borr�wer's ob�igation�o make
<br /> such�ayments and t�provide receipts shall far all purposes b�deem�d t�be a��venant and agreement
<br /> con�ained in this Securi�y Instrument, as the phrase "co�enant and agreemenr" is used in Sectian 9. If
<br /> Borrower is abliga�ed to pay Escrow Items direc�ly, pursuant ta a wa�ver, and Borrower fa�ls to pay�he
<br /> amaunt due far an Escr�w Irem, L�nder ma��x�rc�se its righ�s under Sect�on 9 and pay such amount and
<br /> Borrawer shall then be❑b�igated und�r Section 9 to r�pay to Lender an� such amoun�. Lender ma� re�oke
<br /> �he wai�rer as to any or a�l �scraw�tems at any time by a notice gi�en in accflrdance wi�h Sect�on 15 and,
<br /> upon such re�acation, Borravver shall pay to Lender all Funds, and in such a.moun�s, tha�are��aen requir�d
<br /> und�r this Sect�on 3.
<br /> Lender may, at any�ime, collect and hold Funds in an am�unt�a} suf�c�ent to permit Lender to appl�the
<br /> Funds at Che time specified under RESPA, and �b�no��o exceed�he maximum arr�ount a lender�an require
<br /> under RESPA. Lender shall es�inzate th�amount of Funds due on the basis of curr�n�da�a and reasvnable
<br /> e�timates af expendi�ures af fu�ure Escrow Items ar o�herw�s�in ac�Qrdan���vith Applicab�e Law.
<br /> The Funds shall be h�ld in an ins�iruCian whos�d�posits are�nsured by a f�deral agency, instrumentali�y, or
<br /> entity ��nc�uding Lender, �f Lend�r is an institut�on whnse deposi�s are sa insured}or in any Federa� Home
<br /> Loan Bank, Lender shall apply �he Fun�s to pay�he Escrow��ems no la�er�han the��me specified under
<br /> RESPA. Lender shall no�charge B�rrower for h�lding and applying �he Funds, annua�ly anaiyzing the
<br /> escrow acc�un�, or�erifying�h� Escrow Iterns, unless Lend�r pays Borrower interest on the Funds and
<br /> Applicable Law permits Lender�a make such a charge. �1n�ess an agreemen� is made in writing or
<br /> Applicable Law requ�res int�r�st�o�b�paid�n the Funds, Lender sha�t not be required to pay Borrower any
<br /> interes�or earnings on�he Funds. Borrower and Lender can agree in ulriting, h�we�v�r, �hat inte�es�shall be
<br /> paid on th�Funds. Lender sha�i g��e to Borrower, wi�hout charge, an annua� aGcoun�ing af�h�Funds as
<br /> requ�red by RESPA.
<br /> If�here is a surplus of Fund�he�d�n escrow, as defxned under RESPA, Lender sha11 account to Borrower for
<br /> �he exc�ss funds in accordance with RESPA. If�here is a shortage af Funds held in escrflw, as defined under
<br /> RESPA, Lender sha��notif� Borr�wer a� require�i by RESPA, an.d Borrower sha��pay to Lender the amoun�
<br /> necessary to make up�he shor�age in accordance with RESPA, but in no more�han I2 manth�y paymen�s. �f
<br /> there is a defic�ency of Funds he�d�n escraw, as defined under RESFA, Lender shall na��fy Borrower as
<br /> N�BRASKA-5ir�gte Family-�ar�ni�Mael�r��die Mac UNI�QRM[NSTRUMENT �o�m�o���lo�
<br /> VMP(� VMP6{N�f{�7453
<br /> WoitErs Kluw�r Finar�c�al Ser�ices Pags�of 7 7
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