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<br /> Any application of payments, insuran�e proceeds, or Nliscellaneous Proceeds tn principa�due under the Note
<br /> sha�l nat�xtend or postpone th�due dat�, or change the amount, of the Per�odic Paymen�s.
<br /> 3. �und�for�scra�v Iterns. Borro�ver shall pa�r to Lender an the day Per�od�c Paymerits are due under�he
<br /> Note, until the Note�s paid in fu��, a sum��he "�unds"}�a provide f�r paymen�of amflunt� due for: �a}ta�es
<br /> and assessmen�s and other items�vhich can attain priority over this Securzty Instrument a� a lien or
<br /> encumbranc�on the Property; �b} Ieaseh��d pa�men�s or gr�und rents�n the Prop�rty, if any; �c}pr�miums
<br /> for any an�i a�� �nsurance required by Lend�r ur�der Sectian 5; and �d� Mnrtgage�nsurance prexr�iums, if any,
<br /> ar an�sums payable by Bnrrower to L�nder in l�eu�f the pa�ment of M�rtgag�Insurance premiums in
<br /> accordance vv��h the provisi�ns of Section 1�. Th�se items ar�called "Escraw Items," At origination or at
<br /> any time dur�ng the term of�he L�an, L�rider may requ�re that Community Asso�iation Dues, Fees, and
<br /> Assessments, if any, be es�rowed 1�y Borrow�r, and such dues, fees and assessmen�s shall be an Escrow
<br /> Item, Borrower shaX�pramptly furn�sh�o Lend�r a1�na�ices of amounts to b�paid und�r this 5ect�on.
<br /> Borr��v�r shall pay Lender the Funds for Escrow �tems unless Lend�r waives Borrower's ob��gation to pay
<br /> the Funds for any�r all Escr�w Items. Lender may,waive Borrotiver's obligat�an to pay ta I�ender Fund� for
<br /> any or al1 Escrotiv Items at any time. Any such�va���r may az-�.y be in�vriting. In t�ie ev�nt of such wazver,
<br /> Barr�w�r shal�pa�direct�y, wher�and where payable, the amaunts due for any E�crow Items for�hzch
<br /> payment of Funds has been�vaive�i by L�r�der and, if Lender requires, sha�l furnish to Lender r�c��pts
<br /> evidencing such payrnent within such time per��d as L�nd�r may require. Barrower's ob��gation�o mal�e
<br /> such payments and to provide receipts shall for aII purposes be d�emed to be a covenar�.t and agreement
<br /> contained�n this 5ecurity Ins�rument, as the phrase "covenant and agreement" is used�n S�ction 9. If
<br /> Borrovver�s�bligated t�pay Escrow Items direct�y, pursuant to a wa�v�r, and Borrotiver fails to pa�the
<br /> amount due for ar�Escrou�Item, Lender ma�exer�is�zts rights ux�.der Sec�ion� a.r�.d pa� su�h amount and �
<br /> Borrawer shall then be ohligated under Section 9 to repay to Lender any such amount. Lender may r��roke
<br /> the�vaiver as to any or a11 Escrov� Items at any tixne hy a notice gz�en in accordance�vith 5ect�on 15 an�,
<br /> upon such revoca��on, Borrower sha11 pay to Lender aII Funds, and in such amaunts, that are then required
<br /> under this Se�tion 3,
<br /> L�nder may, at any tim�, callect and hold Funds �n an amount �a} sufficient t�permi�Lender�o apply the
<br /> Funds at�he t�m�sp�c�f�ed under RESPA, and �b�not to e�ceed the maxzmum amount a�ender can r�quire
<br /> under RESPA e L�nder sha11 estima��the amount of Funds du��n the bas�s of currerzt data a.nd reasonab�e
<br /> estimates�f experiditures of future Escra�v��ems or other�vise�n accordance with App�icabie Lavv.
<br /> The Fux�ds shall�e he�d in an�nstitution tivhflse depos�ts are insured by a federa�agency, instrum.entality, ar
<br /> entit�r��ncluding L�nder, if Lender is an institution whose depos��s are so insured� or in any Federal Home
<br /> Laan Bank. Lender shall apply the Funds to pay the Escro�v Items no later than the trme spec�f�ed under
<br /> RESPA. Lender s�iali not charge Borrower f�r ha�d�ng and applying the Funds, annually analyzing the
<br /> escrov� a�count, or verify�ng the Escr�w I�ems, unless Lender pays Borrower interes�an�he Funds an�
<br /> Applicable La�v p�rmits Lender to mak�such a�harge, Unless an agr�ement is rnade in writing ar
<br /> Applicab�e Law requzres �nteres�to�e pa�d ar�the Funds, Lender shall nat�e requxred to pay Borrtiwer any
<br /> interest or earnings on the Funds. Borrower and Lender can agr�e in writing, hovvever, that xn�er�st shall b�
<br /> pa�d on the Funds. L�nder shall gi�re��Bflrrower, withaut charge, an az�nua�accounting�f th�Funds as
<br /> required by RE5PA,
<br /> If there is a surplus�f Funds held in escrow, as defzned under RESPA, Lender�hall account to Borro�v�r for
<br /> the e�cess funds in a�cordanc��vith RESPA, �f there is a shortage of Furids he�d in escrow, as defined und�r
<br /> RESPA, Lerzder shall no��fy Barra�rer a�requxred hy RE5PA, and Borrow�r shall pay to Lender the amount
<br /> nec�ssary to mak�up�he shortage�n accordance with RESPA, but in na m�re than 1.�n��nthly payments, rf
<br /> there i� a deficiency of Funds held in escrov�, as def�ned under RESPA, Lender shall notify Borro�ver as
<br /> NEBRASKA-5ingle Fami�y-Fannie MaelFr�ddie Mac UNfFQRM[NSTR�MENT Farm 3�28 11�1
<br /> VMP� VMP6�N�7�130�7
<br /> W�ltsrs Kluwer�inancia�5er�i�es Page 5 of 17
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