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� ��14����� <br /> Any appl�ca�i.on of pa�m�nts, i�surance proceeds, ar Mzsc�Ilaneous Pro�eeds to pri�.c�pa�due under th�Na�e <br /> shall no�extend ar po s�p one the due date, or cham.ge�.ie axnount, of�he P eriod�c P ayments. <br /> 3. Fum.dS for Escrtiw Ite�s. Borrow�r sha�.l�pay to Lender or�the day Period:�c Payments are due under�he <br /> l�ote, un.�.�.the No�e�s pa7id in fu1l, a sum�the"Funds'')�o provi:de far payment of amoun.�s due for: �a}taxes <br /> �.d assessmen�s and�the��tems�rbich can attain��arity ov��-�Yiis S�cu.rity Instrumen�as a li.en or <br /> e�.cux�bra�.c�on�ie 1'r��erty; ��a��easeh�Id pay�er���ox grour�d rents on�he Prope�y, �f anyy �C��7x'��lll�S <br /> �or�n�r�.�.all i�su�axa.c�rec�uired by Lender under Se�tio�.5; and�d}Mortgage][nsurance premiums, if axry, <br /> �r any sums payab�e b�r�orrn��r�o Lend�r an 1�.eu�f�he pa�ent of 1Vlo�gage Insurance premiums in <br /> accordance�v�th�.ie provis�ons of Sec�:or�1 D. These xte�are ca�led''Escro�v Items." At origina�.on or at <br /> a�ny t�me during th�term of�he Loan., Lender ma.y requi.z-�that C�mmunity Associat�on Dues; Fees, and <br /> A.ssessm�nts, �f any, be escrov�ed by Borrower, and suGh dues, fees and assessments sh�.��be�.n Escro�r <br /> Item. Borro�rer shall prompt�y furxush t�Lender a�notices of amounts to�e paid ur�der th�s Section. <br /> Borrower shall pay Lender�he Funds for�scrow Items un�ess Lender waives Borrower's ob�igation�a pay <br /> �he Fund.s for a�.a.y or aIl Escrovv Iterns. Lende�may v�axve Borro�rer's ob�igation�o pay�o Ler�der Fu�d.s for <br /> any or a��Escrow Items at any t�.me. Any such v�a�v�r ma�r only�be i.�.yvriting. In�he eve�t of suc�i��:�ver, <br /> �orrower sh�.11�ay ciirecti�r� uThen a�nd u�here�ayab�U, th�am��.rats due fo��y��cr�-vv I��xn�f�r�1�c�i <br /> payment af��ds has�be�a�ura.�ve�.b��er�der and, �f�ende�rec��-es, 5h�.���.xxa�s���L.�nc����-ece��ts <br /> evidencin�.g s�.ch�aymemt w�t�n s�xch t�rr�e pe�o�a�s Ler�der�a��equ�re. �orra�r�r�s�bl�.g�.t���t�m�e <br /> such pa�ments�.nd to pr�vide recei�ats shall for aJ.�purposes b�deemed.to be a covenant and agreement <br /> �ontai�a.ed in this Secuxity Ins�rumen�, as�he phrase"covenan�and agreement" �s used i�Sect�on 9. If <br /> �3orrower is ob�.�igated to pay Escrow Items direc�ly, pursuar�t to a waa.ver, and Borrower fa�s�o pay the <br /> amount due for an Escrovv Item, L�nder may exercise i�s righ.ts uxlder Section 9 and pay�u:ch aemount and � <br /> Barrower sha�l�hen be obliga:ted under Sect�on 9�o repay to Lender any such amount. Lender may revoke <br /> the wazver as to any��-all Escrow Items at any time by a no�ice g�ven in accord�nce�v�i�h Sectzon 15 and; <br /> upon such rev�catior�, �or�-ow�r sha.��.pay�o L.ender all Fur�.ds, a�d iza.such amounts, �hat are then rec�u�red <br /> unde�-�hi.s S�ction 3. <br /> I1�n�er may, a��y t�me, �o�I�ct a�d holc���ds�r��a��un��a�s�ff�cie��t�pe���C.�nde�ta�.p��y�e <br /> ��.n��at�i�t��s�ec�.�ied�ander R�SPA, ax�.d�b�not to exceed th.e m:ax�m.um a�nQ��a�e�d�.er caxi req�u�e <br /> �.der 1�SP�. Lender sha1�.esty�a�e tl:ie a�ou��t of F'unds du��n t�e bas�s of�urrent da�a and re�onab�e <br /> es��mates af e�pend�tures of future Es�r�w Items or otherwise in accordance with A�ap��cabXe Laur. <br /> The Funds sha��be held�.n an�r�s�xtution�rhose de�oszts are u�sured by a federa�agency, i�stru:mental�ty, or <br /> en��ty�inc�uding Lender, �f Lender is an�nstitu��on�vhose depos�ts are so�nsure�.�or in any Federal Home <br /> L�an Ba�k. Lender sha1l appl.y the Funds to pay�he Escro�r Items no�a�er�han�1ie�rie specxfied under <br /> RESPA. Lender sha.l��ot charge Borrower for ho�.ding a�d applying the Funds, annua�ly ax�aly�g�he <br /> �scr�vv accou��, �r�e�fy�ng�ie Escro�ur Item�, unless�exa.der�aays Borro�re�-�nteres�am th�F`u�xds anc� <br /> 1�p�I�.ca�ble Law perrr�t�]Le�c�er��xx��e suc�a c�.argee �Jx�:e�s a:��.g�-een�en��s mac�e��rit�g a�- � <br /> Appl�.cable I��.w��qtx�.x-es in��res���b�pa�c�a��he F�c�s, �.e�d�er s�.�.l.�.�ot be rec�u�e��o pa��3o�-o�er�� <br /> inte�est or��rnir�gs o�.th����nc�se �3��-o�v�r and.I.end�����.gr�e 1����g, ho�eve�-, �.a:at�t�est s]h�.�l b� � <br /> pa�c�on�e Fu�ds. L.�nd�-s��1�g�v�to�3orrowe�°, �ritho��c�arg�, a���a:al�.�co�tix�g of��e F�ads�.s <br /> required by RESPA. <br /> If�iere xs a surplus of Fund.s he�d�escrow, as defned u�der RESPA, Lender shal�.accaur�t t�Borrav�rer for <br /> the e�cess funds in aecordance with R.ESPA. If there�s a shor�age of Funds�e�d in�scrow, as defin.ed under <br /> l�ESPA, Lender sha11.�ati.fy Borrower a{s requ�ed by RESPA, and Borr�wer sha�1 pay to I�ender�he amount <br /> necessary�o ma�e up the shortage�n accordaalce wit�i RESPA, bu�ir�no mor�than l�n�onthly payments. If <br /> � �here is a defxciency of Fu.n.d.s held in escrow, as defined under RESJPA, ]Lender sha1l notify Borr�wer as <br /> 240Q�875. <br /> IVE6RASKA-5ingle Fam i1y-Fann'ie i�aelFreddie�Eac:9�1F�RNl ENSTRLlM F�VT � �_���3p�g���� <br /> VM�Q 11�P��NE}��3D2j <br /> V�lolters�Cluw er Fina�cial Servic�s Page 5 of�7 <br />