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<br /> ��14�1354
<br /> Any application�f payments, insurance proceeds, ar M�scellaneaus Proc�eds to principal due under the Nat�
<br /> shali not extend or postpane the du�date, or change the amount, of the Peri�dic Paymen�s.
<br /> 3, Fund,s for Escraw Items. Barrower sha11 pay to Lender on th�day Periodic Payments are due under the
<br /> Nate, until the N�te is paid in full, a sum(the "Funds"} ta prQ�ide for payment of amounts due far: �a}ta�es
<br /> and assessments and other items which can atta�n priority o�er this Security Instrument as a lien or
<br /> encumbrance on the Property; �b}leasehald payments ar ground r�nts an the Praperty, if any; �c}pr�miums
<br /> for any and a11 insurance required by Lend�r und�r Sectron 5; and(d) M�rtgage Insurance pr�miums, if a.ny,
<br /> ar any sums payable by Borrawer to Lender in lieu of the payment of M�r�gage Insurance premiums in
<br /> accordance with the pro�isians af Section 10. These items are called "Escraw Items." At origination ar at
<br /> any�im�during the term af�he Laan, Lender may requir�that�ommun��y Assnciation Dues, Fees, and
<br /> Assessments, if any, be escrowed�y Borrow�r, and such dues, fe�s and assessments shall be an Escrvw
<br /> Item. Borrower sha11 pr�mptly furnish to Lender al1 notiGes of amounts t�be paid under this 5ection.
<br /> Borrawer shal�pay Lender the Funds far Escrow�tems unl�ss Lender wai�es Borr�wer's obligation ta pay
<br /> the Funds for any ar a1I Escrow Items. Lender may wai�e�rrower's�bl�gation ta pay to Lender Funds for
<br /> any�r a�l EsCrow Items at any t�me. Any such wai�er ma.y only be in writing. In�he��ent af such wa��er,
<br /> Barrawer sha��pay direc�ly, �vhen and where payabl�, the amoun�s due for any Escr�w Items for which
<br /> paym�nt af Funds has been wai�ed by Lender and, if Lender requires, shall furnish to Lender receipts
<br /> e�idencing such pa�ment with�n such time period as Lender may require. Borra�ver's obligati�n�o make
<br /> such payments and to pravide receipts shali for ali purpos�s be deemed ta be a r.��enant and agreement
<br /> contained in this Security Instrument, as the phrase "co�enant and agre�ment" is used in 5ecti�n 9. If
<br /> Borrawer�s ob�igated�o pay Es�row�t�ms directiy, pursuant to a wai�er, and Barrawer fa.�ls to pay�he
<br /> amount due far an Escrow Item, Lender may exer�ise its rights under Se�ti�n 9 and pay such am�unt and
<br /> Borrower sha11 then be obligat�d und�r S�ction 9 to r�pay to Lender any such amvunt. L�nd�r may revake
<br /> the wai��r as tv any or a11 Es�raw Items at any time by a no�ice gi�en�n accordance with 5e�tion 15 and,
<br /> upon such re�acation, Borraw�r shall pay t�Lender all Funds, and in such amounts, that are then required
<br /> under this Section 3.
<br /> L�nder may, at any time, c�llect and hold Funds in an am�unt�a} suff�cient to permit Lender to apply the
<br /> Funds at th�tim�specified under RESPA, and�b}nat to excreed the max�mum amaunt a lender can require
<br /> under RESPA. Lender shall estima�e the amaunt of Funds due an the basis of curren�data and reasanab�e
<br /> est�ma�es of expenditures of future Escrow Items vr athervvise in acc�rdance�vith Applicable Law.
<br /> The Funds shall be held�n an institution whase depasits are insured by a federal ag�ncy, instrumental�ty, or
<br /> entity�zncluding Lender, if Lender is an�nstitution�h�s�deposits are so insured}or in any Federal Home
<br /> Loan Bank. Lender sha11 apply the Funds�v pay the Es�raw Items no later than the t�me specifi�d under
<br /> RESPA. Lender shall n�t charge Barrawer fnr holding and applying the Funds, annually analyzing the
<br /> escrow account, ar�erifying the Escrow Items, unless Lender pays Barr�wer interest on the Funds and
<br /> Applicabl�Law permits Lender ta make su�h a charge. Unless an agreement is made in vvriting ar
<br /> App�icable Law r�quires interest�o be paid on the Funds, Lender shall not be required to pay Borrower any
<br /> in�erest or earnings on the Funds. Borrawer and Lender can agree in writing, hawe�er, that interest shal�be
<br /> paid�n the Funds. Lender sha11 g��e to Borr�wer, w�thout Charg�, an annual accounting af the Funds as
<br /> required by RESPA.
<br /> If there is a surplus af Funds held in escraw, as defined under RESPA, Lend�r shall account to Borrower far
<br /> the excess funds in accardance with RESPA. If there is a shortage of Funds held in escrow, as defined under
<br /> RESPA, Lender sha1l natify Barrower as required by RESPA, and BRorrnwer shal�pay to Lender�he amount
<br /> necessary�o make up the shvr�age in accordance with RESPA, but in no more than 1�month�y payments. If
<br /> there i�a deficiency of Funds held in escrow, as d�fined under RESPA, Lender sha�I natify Borrower as
<br /> IVEBRASKA-5ingle Family-Fannie MaelFreddie Mac UNIFQRM IN5TRLIM�NT Form 3�28 11D1
<br /> VMP� VMP6�NEf�1302].0❑
<br /> Wolters Kiuwer FEnanc�al 5er�i�es Page 5 of 17
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