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201401367
<br /> The Funds shail be held in an institution whose deposits are izasured by a federal agency, instrumentality, ar
<br /> entity (including Le�der, i�Lender is an institution whose deposits are so insured) or in any Fec�eral Hazne
<br /> Loan Bank_ �ender shall apply the Eunds to pay the Escrow Items no later than the ti�ne specified under
<br /> RESPA. Lender shall not charge Barrawer fqr holding and applying the Funds, annually analyzing the
<br /> escro�r account, or verifying the Escraw I#ems, unless Lender pays Barrovver interesf on the Funds and
<br /> AppIicabie Law germits Lender to xnake such a charge. Un(ess an agreexnent is made in writiz�g or
<br /> AppIicable Law reqnires interest to be paid an #he Funds; Lender shall nof be required to pa� Bbrrawer any
<br /> interest or earnings on the Funds. Bor�rawer and Lender can agree in writing, however, ihat interesf shall be
<br /> paid on the Funcis. Lender shall give to $orrawer, without charge, az� ann�al accounting af the Funds as
<br /> required by RESPA_
<br /> �f there is a sarplus of Funds held in escraw, as defined under RESPA, Lender shali account to Borrower fnr
<br /> the excess funds in accordance with RESPA. �f there is a shartage of Funds held in escraw, as defined nnder
<br /> RESPA, Lender sha�l notify Borrornrer as required by RESPA, and Borrower shall pay to Lender the amount
<br /> necessary to �nalze up the shortage in accardance with RESPA, but in na mare than ].2 n�onthly payments. If
<br /> �ktere is a deficiency of Funds held in escraw, as defined u�der RESPA, Lender shall notify Borrower as
<br /> required by RESPA, and Barrower shall pay to Lender the amou�t necessary to make ug the de£'iciency in
<br /> accordance with RESPA, but in no more than 12 month�y payments.
<br /> Upan payrnent in full of all suins secured by this Security Instrument, �.ender shall promptly refund to
<br /> Borrower any Funds held by Le�der.
<br /> 4. Charges; LiEns. Barrower shall pay all taxes, assessments, charges, fines, and imposi6ons attributable to
<br /> the Praperty which can attain priority aver �is Security Instrument, leasehold payments or ground rents on
<br /> the Properiy, if any, and Commnnity Associa#ion Dues, Fees, and Assessments, if any. To the extent that
<br /> #hese items are Escrow Items, Borrower shall pay#hem in the manner provided in Seciian 3:
<br /> Barrower shaIl prompfly discharge arzy Iien whieh has priori�y o�er this Security Insfrument �nless
<br /> Borrower: (a) agrees 9z� writing to khe pay�rr�ent af the oblzgation secured by t�e�ien in a manner acceptable
<br /> to Lender, bat anly sa lang as Sorrawear is perfarming stcch agreement; {b) contests tk►e lien in gaod faith by,
<br /> ar defends against enforceznent of the lien i�, legal proceedings which in Lender's opinion operate to prevent
<br /> the enforcement of the lien while fYIUSE praceedi.ngs are pending, but only until such proceedings are
<br /> concluded; or (c} secures from the holder af the lien an agreement satisfactory to Lender snbordinating the
<br /> lien ta this Security Instriur�ent. If Lender determines that any part af the Property is subject to a lien v��ich
<br /> can attain priarity ovar this Security Instrnment, Lender may give Borrower a notice identifying the liezt.
<br /> Within 10 days of the date on which khat nodce is given, Borrower shall satisfy the lien ar taize one or mare
<br /> of the actions set forth above in tl�is Section 4.
<br /> Lender may require Sarrower io pay a one-time c�arge far a real estate t� verificatian and/or reporting
<br /> service used by Lender in connec�ian with this Loan.
<br /> 5. Property Ins�rance. �a�rower shall keep the improvements now existing or hereafter ereeted on the
<br /> Praperty insured against loss by flre, hazards included within the term "extended coverage," and any other
<br /> hazards including, bnt not limited to, earthquakes and floods, for which Lendez requires insurance_ This
<br /> insurance shall be maintained in the amounts (includir�g deductible levels) and for the periods that Lender
<br /> requires. What Lender requires pursuant to the preceding seniences can change during the term of the Loan.
<br /> T�e insurance carrier provi.ding the insurance shall be chosen hy So�ower subject to Lender`s right to
<br /> disapprove Borrawer's choice, which right shal� np# be exercised unreasonahly. Lender �ay requ�re
<br /> Borrower to pay, in eonnection with this Laan, either: (a) a one-time charge �or flnod zone detercnina#ion,
<br /> certificakion aad tracking services; or {b) a one-time charge for �laod zone detertnination and certification
<br /> OOi323873783 [007123873783]
<br /> NEBRASKA-Single Family-Fannie Mael�reddie Mac UNIFpRM INSTRLIMENT WIT}f MERS Form 3028 VOA
<br /> VMP p UMP6A{NE}('1302).QO
<br /> Wotters Kluwer financ7al Services Page 6 of 17
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