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<br /> Any app�i�a�ion of payments, insuran�e pro�eeds, or N��scellaneous Pro�e�ds �o pr�ncipal du�under the No�e
<br /> shall no�extend or pos�pon�the due da�e, or chan�e�he amoun�, of the Periodic Payments.
<br /> 3. Fund� for�scr�w IfemS. Borrower sha�� pay�a Lender on the day Per�odic Payments are due under the
<br /> Na�e, un��� the�ote�s pazd in fu1�, a sum��he "Funds"} to provide for pa�ment of amounts due for: �a} �axes
<br /> and assessmen�s and other items which can attain priarzty over�his Securi�y �nstrument as a Iien ar
<br /> encumbranc�on the Proper�y; �b} �easeha�d�aym�nts or ground rents on�he Propert�, if any; �c}pren�iums
<br /> for any and all insurance required by I�nder under Section 5; and�d� M�r�gage�nsurance premiums, if any,
<br /> �r any sums pa�ab�e b� Borrav�rer to Lender in�ieu of the paymen�af Mor�gag��nsurance premium� �n
<br /> accordanc�wifh th�pr�v�sions of Se�tion ��. These��erns are cai�ed "Es�r�w Items." A�orig�nation or a�
<br /> any time during�he rerm of�he Loan, Lender may require�ha� C�m.munit�Associatian Dues, Fees, and
<br /> Asse�smen�s, if an�, b�escrowed by Barrow�r, and su�h dues, fe�s and assessrr�en�s sha��be an�scrov�r
<br /> �tem�., Borrower sha11 prompt�y furnish��Lender a�l na�ices�f am�unts t�be paid und�r�h.i� Sec�ion.
<br /> Barrower shall pay Lender t�e Funds far Escrovv �tems un��ss L.�nder�ai�es Borrow�r's obl�ga��on ta pay
<br /> �he Funds f�r any or a�l �scraw �tem�s. Lender ma�wai�e Borrower'�ob�iga��on to pa�to L,ender Funds for
<br /> any or a�l Escrow I��ms at an��ime. Any such wai�er ma}� on�y be�n�ri�ing. �n the ev�nt of such wai�rer,
<br /> Borrovver shal.� pa�direc�ly, v�rhen and wher�pa�ab�e, �he amaun�s due f�r an� �scrflw ��ems for v�hich
<br /> �aymen�af Funds has been wai�ed by Lender and, �f�.�ender requires, sha�l furnish�o Lender re�eipts
<br /> ��idenc�ng such pa�men��rithin such�ime p�riod as Lender may re�uire. B�rrov�rer's ob�igation to make
<br /> such pa�m.ents and�o pro�ide receip�� shal� for all purposes be deemed�o be a cavenant and agreemen�
<br /> con�ained in this Security Ins�rument, as the phras� "covenant and agreement" is used in Sect�on 9. If
<br /> Borrnwer is obligated�o pay�scraw �t�ms directl�r, pursuant to a wai�er, and Borrower fail��o pay�he
<br /> amount due for an Es�row ��em, L.�nder ma��xercise i�s righ�s under Sectzon 9 and pa� such amount and
<br /> Borrower sha11 then be obliga�ed und�r�ec�ion 9�a repa� to I.ender any such am�unt. Lender ma�revak�
<br /> �h�v�ra�ver as t� an��r aIl Escrovv I�ems at any�i�ne by a no��ce g�ven in accordance�u�th S�c��on I S and,
<br /> upan such re�ocation, Barrow�r sha��pay to Lender aI� FundS, and�n such amoun�s, �hat are�hen re�uir�d
<br /> under th�s Sec�ion 3.
<br /> L�nder may, a�an��ime, c�11ec�and hald Funds xn an amount�a} suff�c�en��o permi�L�nder�n apply�he
<br /> Funds a�the time sp��ified under RESPA, and�b} not to exceed the max�mum amaun�a l�nd�r can require
<br /> under RESPA. L.end�r shall estima��the am�unt of Funds due on the basis of current�iata and reasanab�e
<br /> estima�es of e�penditures�f future Escrow ���ms or�ther�ise in ac�ordance w��h Appli�a�le Law.
<br /> Th�Funds sha��be he�d in an ins�itu�ion v�hose depos�ts are�nsured�y a federa� agenc�r, �nstrumentalit�, or
<br /> ent�t� �includi�.g Lender, �f Lend�r is an�nstitu�ion whose deposits are so insured} or in any Federa� Home
<br /> Loan Bank. Lender shall apply the Funds to pa� the Escrow I�ems na later than the�ime spe��fied under
<br /> R�SPA. Lender shal� not charge Borr�v�er for holding and app�ying the Funds, ann.ua�ly analyzing th�
<br /> escrov� accoun�, or ver�fy�n�the Escrow ��ems, unless L�nder pays Borrower interest on the Funds and
<br /> Appli�ab�e Law p�rm�ts Lender�o make such a charge. Un�ess an agre�men�is made�n writing or
<br /> App�icab�e Law requires interes��o be paid on�he Funds, L�nder sha�i not b�r�quired to pa� Borrower any
<br /> in��rest or earnin�s on�he Funds. B�rrower and Lender�an agree in writing, how�ver, that interest sha11 be
<br /> paid Qn�he Funds. Lend�r sha�� ���e to B�rrov�er, wi�hou�charge, an annual acc�unting of�he Funds as
<br /> require�.by RESPA.
<br /> If�here is a surplus of Funds held in escr�vv, as defined under RESPA, Lend�r sha�� account t� Borrower for
<br /> the�xGess funds in aGcordan�e�v�rith RESPA. If there is a�hor�age of Funds held in escr�w, as de�ned und�r
<br /> RESPA, Lender shall no�zf� Barrower as required by RESPA, and Barrower shai�pay to Lender�he amaunt
<br /> nece�sary to make up the shar�ag�in acc�rdance wi�h RESPA, but in no mor��han �2 monthly paymen�s. If
<br /> there is a de��ienc�r of Funds held �n escrov�►r, as def�ned under RESPA, Lender shal� notify B�rrow�r as
<br /> NEBRASKA-S�ngle�amily-Far�nie MaelFreddie Ma�UNIF�RM INSTftUM�NT �orrn 3a28 11��
<br /> VMP O VMPG�NE�{�3Q�j
<br /> W�lters Kluwer�inancial Ser�ices Page 5 v#'f 7
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