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<br /> Any app�ica�ion of paymen�s, �nsurance proce�ds, �r Miscel�aneous Proceeds ta prin�ipa� due under the Note
<br /> sha11 not�x�end ar postpone the due date, ar change�he amount, of�he Periodic Pa�ments.
<br /> 3. �`unds for Escrow I�ems. Borrawer shail pay to Lender on�h�day Periodic Payments are due under the
<br /> Note, un��� �he Note�s paid in full, a sum�the "Funds"}�o pro�r�de for payment of amoun�s due for: �a} �axes
<br /> and assessments and ather i��ms wh�ch can at�axn pr�or��y o�er�h�s Securit� Instrumen�as a l�en or
<br /> encum�ranGe�n the Proper�y; �b} �eas�ho�d pa�men�s or�round ren�s on th�Proper��, if any; �c�pr�miums
<br /> for any and a�� �nsurance required by Lender under Sec�ion 5; and�d} Mflr�gage Ynsurance premiums, if any,
<br /> or an� sums payable by Barr�wer�o Lender in iieu�f�he pa�ment af Mortgage�nsuran�e premiums in
<br /> accordance wi�h�he pro�is�ons of Se��ion ��. These itemus are called "Escraw Items." A�arigina�i�n or a�
<br /> an�t�me during�he term of�he Laan, Lender m,a�r requ�re tha� Commun�ty Associat�on Dues, Fe�s, and
<br /> A5S�S5I]7�I1�5y if any, be escraw�d b�Barrav�rer, and such du�s, fees and assessnlents sha��b�an�scrow
<br /> Item. B�rrower shall promp��y furnish to Lender all n�t�ces�f amoun�s to be paid under��.is S�ction.
<br /> B�rrow�r shall pa� Lender the Funds for Escro� �tems un�ess Lender wai�es Borrower's obl�gation ta pay
<br /> �he Funds for an� ar a�� Escrow I�ems. I...�nd�r m�ay wai�re Borrower's ob�i�a�ion�a pa��o Lender Funds f�r
<br /> an�or a11 Escrow ��ems at any tim�. Any such wai�er may only be in wr��ing. �n the e�ren�of such waiwer,
<br /> Borrav�er sha11 pay d�rec�ly, when and wher�payab�e, �he am�un�s due fo�r any �scrow �tems for wh�ch
<br /> payment of Funds�.as been wa��ed by L�nder and, �f Lender requ�r�s, shali furnish�o I...ender receipts
<br /> evid�ncing su�h paymen�wi�h�n such�ime periad as Lender may require. Bflrrower's���igation to make
<br /> such payments and to pro�r�de receipts shali far all purposes be de�med to be a co�enan�and agreement
<br /> contained �n th�s Secur��y �nstrurnent, as the phrase "c�venant and agreemen�" �s used in Section 9. �f
<br /> gorrower is o�l�ga�ed�o pay Escrov� ��ems dir�ctl�, pursuant�o a wai�v�r, and Borrower fails to pay the
<br /> amoun�due far an Escrow Item, Lender may�xercise its righ�s under Sec�ion 9 and pa� such amount and
<br /> Borr�wer shall then be o��igated under S��tion 9 to repa� to L.�n��r any such amount. L.ender may revoke
<br /> �he�ra��rer as ta an��r al� �scraw �tems at an��ime b� a no��ce gi�ven �n accordance w��h Sec�ion �5 and,
<br /> upan such revocation, Borr�vver shall pay ta L�nder a�� Funds, and in such amaunts, tha�ar�then required
<br /> under this Sect�on 3.
<br /> L�nder may, a�an�txm.e, collect and hold Funds in an amnun��a� suffic�en��fl p�rrn�ti L.ender�o apply the
<br /> Funds at�he�ime specif�ed under R�SPA, and tb} not to e�ceed the maximum am�unt a Iender ca�require
<br /> under RESPA. Lender shali es�imate the a�moun�of Funds due on the�as�s flf current da�a a.nd reas�nab�e
<br /> es�ima�e�of expenditur�s af fu�ure Escrow Items or otherwise in accordance w��h Applica�le Lavv.
<br /> Th�Funds sha11 be he�d �n an�nst�tut�nn v�rhos�depas�ts are insured by a f�deral agenc�, instrumental��y, or
<br /> enti�y ��nc�uding Lender, if Lender is an inst��ution�v�rhose depas�t� ar�so insured} �r�n any Federal Hame
<br /> Loan Bank. Lender shall apply�he Funds�o pay�he Escrow ��ems no �a�er than�he t�me speci�ed under
<br /> RESPA. Lender shall n��charge Borrovwer for hold�ng and applying �he Funds, annua��� analyzin�the
<br /> �scrow account, or�erify�ng�he Escrov�r ��ems, unle�s Lender pa�s Borrovver interest on��e Funds and
<br /> Appi icable Law permits Lender ta�ake such a�harge, Unl�ss an agreemen�is made�n v�riting or
<br /> Applicable Law requires interest t�be paid on the Funds, Lende�r shal�not be requ�red�a pay Borrovver an�
<br /> interest or earnings on the Funds. Borrov�er and Lender can agree�n writ�ng, however, �hat �n�er�st sha�l be
<br /> paid on the Funds. Lender shal� give to Borrower, �rithou�charge, an annual accounti�.g of the Funds as
<br /> required b� RESPA.
<br /> �f ther�is a surp�us of Funds he�d �n escr�w, as�efined und�r RESPA, L.�nder sha�l account tfl Barrov�r�r f�r
<br /> �he exc�ss funds in accordan�e with R�SPA. �f�here is a sho�age af Funds he�d in escr�w, as de�ned under
<br /> RESPA, L�nder shall notify Borravver as required by�ESPA, and Borrower sha�l pay t� Lender�he amaunt
<br /> necess�ry�o mak�up�he shor�a�e in accordan�e v��th RESPA, but �n n�rn.ore�han �2 monthly paym.en�s. If
<br /> there is a de�i�ien�y of Funds he�d �n escrov�, as defined und�r RESPA, Lender shall no�ify Borrovver as
<br /> NEBRASKA-5ingie Family-�annie Mael�reddie Mac UNIF�RM INSTRUMENT Form 3028�14�
<br /> VMP� VMPfi{N�)�i 342i
<br /> Wolters Kluwer�inancial 5er�ices Page 5 vf 17
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