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��14���95 <br /> A�Zy applicati��1 of p�.�rl��e���s, it�sL��-�.�.ce p�oceeds, ot{Misce�la�eous Proceec�s ta�t•i��cipa� d�.�ut�deti the Note <br /> s�1�.11 not e��e�d o�postpane���e due c�ate, o�ch�.nge�11e a.�noun�, nF�he Periadic Pay�ne��s. <br /> �. Tun�s for EscroVv I�em�. Bort�awer s1��.�1 pay�o Lendet�on t��e d�.y Peri�dic Pay�nents are dt�e under���e <br /> Note, t�n�i�tl�e Note is paid in fu��, a sL�tn(�1�e"Fun�.s"}�o p��ovide fot paymerit o�C arnoun�s�.�.�e for; �a}taxes <br /> a��d assessmen�s and.o�her��ems wl�i.ch can a�t�iil pt ia�•aty o�ei•t1�is Sect�t�ity I�as�rume�l�as a�ie��ar <br /> e�acL�mb��a.t�.ce on the P�-opet•ty; �b� leaseholc�p�.ymen�s o�•grour�c�t•en�s o�l t�e Property, if an�r; �c�p�•emiums <br /> fo��any ari��.11 i��s�irat�ce�•ec�Lti�red by Lende�•�.��1c�e�•Sec�ion 5; �t�d��.}Mo�•�gage Insura�lce pt,emiums, if a�1y, <br /> a��any sums�ay�.bie�y Bo�rowe�i to Len�.et�in lieu of the pay���e��af Mor�gage It�sur�.nce pz'��Yl]L�tY15 111 <br /> acco���a�1ce�itih the p�ovis�o�s af Section �.D. T11ese��e�ns a��e ca�led"Esc��o�r Items," A�origi�la�io�.of�a� <br /> �.i1y�r�ne d�.����the�erm bf th�Loat�, �ender may require��ia��om�na�.�ni�y Assoc�atia��Dues, Fees, an�. <br /> Assessnle�ts, i�'a�y, be escrowec�by Borrower, an�.��.�ch dues, fees�nd.assessmetl�s s1�a11 be a1�Es��ow <br /> rtem. Bat•rowe��sl��.l�p�•ompt�y fi�tr��is1�to Lender�.11 i�o�i�es �f a�a�.ouxl�s�o�e pai��.�nder�his Sec�ion. <br /> Borrower sha�[1 pay Lender�11e Ft�ta�d�far Escrovv Items un�ess Lenc�e��nr�.�v��Barrov�et•'s obligation�o pay <br /> �l�e Fuilds fo�any or�.11�scrow Itenls. Le��der may vv�.ive Bot�ro�rer's obliga�ion�n pay to Le�der Ft�i�ds fat� <br /> any or al.i�sc�ov�r�e���s a�a��y ti��ae. Any such v�rai�er may a�n1y be i1�wz�itzx�g. In�1��event of suc11 v�razv��, <br /> ]3oz•rovve�sha�l pa�t�irec�lY, �t�rhe����d v�het�e�ay�1�Ie; �he�mot�llts �.�.�e fo�any Escrow I�ems For vvl�tc�1 <br /> �ay�ne��t of Func�s h�s bee�w�.ivec�by�e�der and, ii'Le��der r�quires, sl�a1�fi.��•nisl���Le�der t�ecetpts <br /> evider�c��Ig suc�1 payme�t w�t��in s�.�ch��me peria� as Leride�-n�ay rec�ui��e, I3or��ov�er's obligation�o inal�e <br /> s��c��paymenl:s�.t1d�o pt•o�t�e receip�s sl�all rar a1I�ut•�oses be deemed�o be a cove��ant a���.�r���nei1� <br /> C�17�c�111eC�111��1�15 SeCUI I.�.y�t7S�rL�11��f1�, as�he�h��se"c�ven�n�an�.agree�nent�� 1S t�.5ed.111 SeC�1�11�, If <br /> Bo�i��o�ver�s oU7ig�.tec��o pay Esc��aw Ite�ns c�i�eet�y, pursu.ari�f:o a waiv�r, and I3o�•�•av�er fai�s�o pay tl�e <br /> amoun��.�.�e for.�.t1 Esc��avv I�e��, Lendet�Zay exe��cise i�s rig��s utl�.er Sectior�9 at�d pay suc11 an�aun�and <br /> Bar�•o�ex�sh��1�hen�e oblig�.�ed undez�Section 9 to��ep�.y�o Lexxder any such a�moL�ri�. Lender�nay t�eva��e <br /> t11e v�ai�er�s to a�1y or a�l�scrow I�ems at�.ny�ime by�.notice�iv��1 in accot�d�nce vvitll Section 15 an�., <br /> u-�on s�.�c���evoca�xo�, I3ort�ovver s�1a11 p�.y to�e��c�er a�1£`Li���s, �nd in sL�c��.amounts, that are t�1e�t ec��.���ed <br /> ui�.c�et•�his Sec�ion 3, <br /> Le��der al�ay, �t�.t�y time, colle���.nd l�old Fun�s��an alnaun��a� s�.xfCicien��o permit Len�et��o�.pp�y��ie <br /> I'�.��c�s at t��e time s�ecifie�t�ncier�ESP�, �����b}x�ot�o exceec����e��Zaxi�nL�t���.talou���a ler�der ean�•�c�ui�e <br /> uilc�et�R�SPA. Lender s11�.11 esti�n�.t�the arnouil�of Ft���ds due ox�i:��e basis of curt ent da�a a���reaso���ble <br /> es�����a�:es o f expen�itiL�re�af fi��ure Ese�ow Items o�o�hei�wise i�1 accoi c�ar�ce v�i�h Applicable Law. <br /> T11e Funds s�ia1l be hel�.in�.n i��stitu��o�1 w�lase�.eposi�s are xnsu�•ec��y a fe�eral age�c�, ins�rufne�ltality, o�• <br /> entity(xnc�t�di��.g Le�ade��, if Lender is an i11s����.��ian vv��ase depost�s�1•e so xns���•ed�o���n any�ede�•a1 I-3ome <br /> I,aa�a�I3an��. Le�dei•s1a�11�.pply the Ft�nds�o pay�11e Esct•o�v��en1s�Zo�ai�er t��an t��e�i�tne speczfied unc�er <br /> R�SPA, Let�c�e1•sliall��o��harge�3ori�ov�er f�r 11o1di�lg�.i��.applyi���he FLxnds, a1��at�ally an�lyzir�g th� <br /> �sc��ow accoL�n.t, or verifyii�g t�1e Escraw r���l�s, unless L�nde�p�.ys Bo��t�ovv��in�et�es�o����e Fu��ds aXa.d <br /> ���1i�able Law pe��mits Lender to�rn�lce stxc�i a c���.r�e. TJ��less a��.agreen�en�is made i��w��ztit�g or <br /> A�plica�le I.aw rec��.��i�es i�teres�to�e paid��the I'unds, Le�lder s1��.1���ot ve�•e�uired�o pay La��rov�ei any <br /> �ntex•es�or ea�•nings otl��ie Func�s. Borrowet a��d Le���e�•c�.��.�gr�e�n w��i��xng, hav�evet°, ����.t iilterest shall be <br /> p�z�o��t�e I'u�ds� Lenc�.e�•sha11 give�o Borrowet�, w��.hout c��at•ge, an�r�nu�.1�c�ou�atirig af t��e I'u��ds as <br /> r eq�.�zred by R�SI'A. <br /> If�11ere is a su��lus nC F����c�s�e1�.i�1 es�t�ow, as defi��ed�.�nde��R�SPA, LeY�der shall�ccoL�n�to Bot•��ower for <br /> �he excess f�.tnds irt1 accor�a�ce wzth R.�SPA. I:C t11e�e is a shor�age of Func�s�ze�d in�scrow; as defined t�nde� <br /> RESPA, Le�der s��a11 no�ify I3ort o�vei��s t•ec�urred by R�SPA, and Lor�awet�sha11 pa��o Le�ade����le aino�.���t <br /> x�ecessa�y to�na1�e t�p�;he s�lor�a�e in�ccot da�ce�v��l�.�S�'A� �7U�1I1 11�111Q����1�f�. �.Z IYIOI���l��1'��1yt11�ri�;S. ��[' <br /> �here is�def�c�e�.�cy o�T I`t�x�ds held in�scrow, �S C��f111�C�.'L�11C��I T�ESPA, Lel�der s��a11�Z�tify B��1t•ov�er�ts <br /> 2�D4�a07 <br /> NEgRASKA-5ingle Fam ily-Fanh�e M ae1�'reddle M ac IJNIFORM IN51'RLlM EIV'[' For��3D2 8�I�� <br /> v��o vM P�tNE}���02} <br /> Vtilolters ltluw er F'inancial 5ervices �'age 5 of�7' <br />