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<br /> Any application�f payments, insurance proceeds, �r M�sce�laneous Proceeds to principal due under th� Nate
<br /> shall not e��end or postpon�the due date, or change the amoun�, flf the Periodic Payments,
<br /> �. �'und�far��cro�v Items. Borrower shall pa�to Len�.er an the day Per�odic Payments are due under the
<br /> Not�, unt��the N��e�s pa�d in fu�l, a sum�the "Funds"}to pro�ide for payment of amounts due for: ta}taxes
<br /> and ass�ssments and ather ztems�vh�ch can attain pr�ority o�er thi� Security Instrument as a l�en or
<br /> encumbranc�on the Property; �b} leasehold paymen�s or gr�und rents on the Prapert�, if any; �c}premiums
<br /> f�r any and aII insurarice requir�d Uy Lender und�r Sect�on 5; and �d} Mortgage Insurance premiums, if a,ny,
<br /> or any sums payab�e by Borrower to Lender in Iieu of the pa�ment of Mort�age�nsuran�e premiums in
<br /> ac�ordance�with the provzs�ons of 5ect�on 1�. These items ar�called "Escro�v Items," At orig�natian or at
<br /> an�tim�dur�ng the t�rm of the Loan, Lender may require that Community Associat�on Dues, Fe�s, and
<br /> Assessments, if any, be es�rovved by Borra�ver, and such du�s, fees and assessments shall be an Escro�
<br /> rtem. Borr�wer shall promptly furnis�tfl I�ender a��not�ces af amounts to b�paid under this S�ction.
<br /> Borrovver shall pay Lender the Funds for Escrow Items uniess Lender v�aives B�rrower's obligation to pay
<br /> the Fund� for any ar aII Escrow Iterns. Lender may wazv�Borrawer's a�Iigatian ta pay to Lend�r Funds for
<br /> any or a�l Escro�v Items at ariy time. Any such�vaiver ma�onl�be�n�rrzting. �n the e�ent of such�vaiver,
<br /> Borrower sha��pay dir�ct�y, urhen and where payable, the amoun�s due for an�r Escrovrv Items for which
<br /> paym�nt of Funds has been�vazved by Lender and, if Lender r�quires, shall furni.sh�o Lender receipts
<br /> evidencing such payment wzth�n such tzme period as L�nder may r�quire. B�rro�ver`� oblzgat�fln to make
<br /> such payments and to prov�de recezpts shal�for�.�purpos�s be deemed to�e a covenant and agr��ment
<br /> cantarr�ed in this Security Instrum�nt, as�he phrase "covenant and agr�emer�t" is u��d in Section 9, If
<br /> B�rrower is obligat�d to pay Escr�w Items dir�ct�y, pursuant ta a�vaiver, and Borr��ver fails t�pay the
<br /> amount due for an Escrow It�m, Lender may exerc�se�ts r�ghts under Sectian 9 and pay �uch amoun� and
<br /> Barrawer shall th�n be abligated under Se��ion 9 to repay�o Lenc�er any such amount. Lend�r may revake
<br /> �he wai�er as�a any or all Escrovv Items at an�time by a notxce g�ven in accardance with Section I S and,
<br /> upan such revoGatzon, Barrawer shall pay to Lender all Funds, and in such amounts, that are then required
<br /> under th�s 5ectzon 3.
<br /> Lerzd�r may, at an�t�me, co��ect and hold Funds in an amount �a} sufficzent to p�rrnxt L�nder�o app�y th�
<br /> Funds at the time speczfied under RE5PA, and �b�not to exce�d th�maximum amoun� a lend�r can requ�re
<br /> under RESPA, Lend�r shall estimate�he amount of Funds due on�he basis of curr�nt data and reasonable
<br /> estimates nf expen�itures of futur�Escro�It�ms or oth�rw�se in a��ordance with Applicable Law.
<br /> The Funds shall be held in an institu��an whose deposits ar��nsured by a federal agency, instrum�n�altty, or
<br /> entity�inc�udixzg L�nder, if Lender is an institution whfls�depasz�s are so�nsur�d� or in any Federal Home
<br /> Loan Bank. Lender sha�� apply the Funds to pay the Escrou� Items no Ia�er than�he�zme specified under
<br /> RESPA. Lend�r shall na�charge Barrower for holding and applying th�Funds, annual�y axaa��z�ng the
<br /> escrow account, or�erifying�he Escraw Items, ur�l.ess Lender pays Borrov�er interest on the Funds and
<br /> Applicabl�La�p�rmits Lender tfl make such a�harge, Unless an a�reement is mad�in writing or
<br /> App��cable Lavv requir�s interest ta be paid on the Funds, Lend�r shal�riot be required to pay Borrawer any
<br /> �nt�rest ar�arn�ngs on the Fur�ds. Borrower ar�d Lender can agree�n v�r���ng, hawever, tha�interest shall be
<br /> pa�d on�he Funds. Lender sha1�g�ve ta Borrower, without charge, an annual accoun�ing flf the Funds as
<br /> required by RESPA,
<br /> �f there is a surplus of Funds held ir�escrow, as defin�d under RESPA, Lender sha�I account ta Borrower for
<br /> the e�cess funds zn accordance with RESPA. �f there is a shortage of Funds h�ld�n�scrow, as def�ned under
<br /> RESPA, Lender shall notify Barrovv�r as requzred by RESPA, and Borro�ver shall pay to Lend�r th�am�unt
<br /> necessary to make up�he shortage�n accordance with RESPA, but in no more than 12 monthl�payments. If
<br /> there is a def�c�ency of Furids held in escro�v, as defined under RESFA, L�nder sha��not�fy Borrovver as
<br /> NEBRASKA-Single F�miEy-Fannie MaelFreddie Ma�LJNIFQRM INSTRUMENT Form 3D28�1�1
<br /> VM�� VMPS{NE}f13�2y
<br /> W�It�rs K�uwer�ir�ancial 5er�ices Page 5�f 17
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