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��14�513�
<br /> Any applicatian af paymen�s, �nsurance praceeds, or M�sce�Iane�us Pr�ceeds �a principal due und�r the N�t�
<br /> shal�not extend�r postpane the due date, or change the amount, of th�P�rzodic Paym�n�s.
<br /> 3. Funds for Escrow Items. Borrow�r shall pa� ta Lend�r an�he day Period�c Paym�nts are du�under�he
<br /> N�te, unt�l �he Not� is paxd in fuli, a sum�the "Funds"}��prav�de�ar pa�rment of amounts due for: �a} taxes
<br /> and assessments and other items which can at�ain pri�rity aver this S�curity Instrument as a�i�n ar
<br /> encumbrance�n�he Proper�y; �b} ��as�ho�d payments�r ground rents on�he Proper��, if any; �c}premiums
<br /> for an� and al� �nsuranc�requ�r�d by Lender under Sect�on 5; and �d} Mor�gage�nsurance premiums, �f any,
<br /> or an� sunr�s payab��by Borrower t�Lender in lieu af the payment of Mor�gage Insurance prerr�iums in
<br /> acc�rdance w�th�h�pro��sions of 5ect�on �4. Thes�items are ca��ed "Escro�v �tems." A�originatian or at
<br /> an� ��me during �he�erm of the Loan, L�nder may r�qu�re�ha�Commun�ty Assoc�ation Dues, Fees, and
<br /> Ass�ssments, if an�r, be escrawe�by B�rrower, and such dues, f�es and assessn��nts sha��he an Escrow
<br /> �tem. Borr�wer shai�promptly furn�sh ta L�ender a��notices af amounts to be paid under this S�ctian.
<br /> B�rrawer sha�� pay Lender�he Funds far Escro� �tem.s un�ess Lender wa���s Borraw�r's obli�at�on ta pay
<br /> �h�Funds for an��r a�� Escro� I�ems. Lender may waive Borrower's obligat�on to pay�o L�nder Funds for
<br /> any�r all Escr�v�r Items a�any time. Any such waiver may only�e in wr�ting. �n th�event af such waiv�r,
<br /> Barrower s�all pay dire�t�y, when and�vhere payabl�, �he amounts due far any Escrn� I�ems for which
<br /> payment of Funds has been wai�ed by Lender and, �f Lender requires, shal� furnish to Lend�r receipts
<br /> ��idenc�ng such payment�vithin such�ime perifld as L�nder z�nay require. B�rra�er's obligation t�make
<br /> such payments and to pravide rec�ip�s sha�� for a��purposes be deemed�o be a covenar�t and agreenr�ent
<br /> con�a�n�d in this Secur�ty �nstrum�nt, as�he phrase "cavenanf and agreement" is used �n 5ec�ion 9. If
<br /> Borrower is obligated to pay Escr�w �tems direc��y, pursuant�o a waiver, and Barrower fails to pay�he
<br /> a�m�unt due for an Escrfl�v I�em, Lender may exerc�s�i�s rzghts under Sect�on 9 and pay such amount and
<br /> B�rr�wer shall �hen be ab��gated und�r�ect�on 9 to r�pa�to Lender an�such axnount. Lender may rewoke
<br /> the�vaiv�r as�o any or alI E�crfl� �t�ms at any t�me b� a not��e given in ac�ordanc�with 5e��ian �5 and,
<br /> upan such r��o�ation, Barrower sha��pay �o Lender al� Funds, an�.�n such amounts, that ar��hen requ�r�d
<br /> under�h�s Sec�ion 3. ,
<br /> Lender may, a�any t�me, co�lec�and�.o�d Funds in an amoun��a} suf�c�en��o perrnit Lender to apply the
<br /> Funds at�he time specified under R�SPA, and �b} na��a exceed the max�mum amount a l�nder�an requ�re
<br /> under RESPA. Lender shall estimate�he amaunt af Funds due�n�he basis�f curren�data and reasanab�e
<br /> es�ixnate� af�xpenditur�s af future Escrow �tems or o�herwise in accardance w�th Appiicable Law.
<br /> The Funds shai�be h��d in an insti�u�ian whose depasits are�nsured by a federa� agency, �nstrumenta����, ar
<br /> ent�ty ��ncluding L.end�r, �f L�nder is an inst�tution v�hose depos��s are sa �nsured} �r�n any Federal Home
<br /> Laan Bank. Lender sha�l app�y the Funds ta pa��he Escrov� Items no �ater than�he time specifi�d under
<br /> RESPA, Lender shal�na�charge Borrawer for ho�d�ng and applying�he Funds, annual�y anal�zing the
<br /> escr�w accoun�, ar�er�fy�ng the Escrow Items, un�ess L.ender pays Borrower�n�eres�on th�Funds and
<br /> Applicable Law permits Lender�o make�uch a�harge. Unless an agreement is made �n vwr�t�ng or
<br /> Applicabl�Law requires intere���o be paid�n�he Funds, Lend�r shal� nat be required to pay Barrower any
<br /> interest or earnings on th�Funds. Barrower and Lender can agree�n v�rr�t�ng, h�w��er, that�n��rest�ha�.� be
<br /> pa�d on th�Funds. L�nder sha�I gi�e to Borrower, withaut charge, an annual account�ng af th�Funds as
<br /> r�qu�red�y RESPA.
<br /> �f�here is a surp�us of Funds held in escro�u, as defined under R�SPA, Lender sha11 accaunt�o Borrawer far
<br /> �he ex�e�s fund� in acc�rdance with RESPA. If there is a shortage of Funds held in escraw, a� defined under
<br /> RESPA, Lend�r sha�I notify Barrow�r as required by RESPA, and Borrower sha��pay to Lender�he amount
<br /> n�ces�ar�r to make up th�shar�ag�in accordance wz�h RESPA, but �n no more than I�monthly payments. �f
<br /> �here is a deficienc�of Funds h�ld in e�craw, as de�ned und�r RESPA, L�nder shall notify Borrawer as
<br /> NEBRASKA-Sing�e Family-F�nnie MaelFreddie Mac UN�FDRM INSTRUM�NT Form 3D28 11�1
<br /> VMP� VMPfitNEf t�3Q2]
<br /> Walters KEuwer Financial Ser�ices Page 5 af 17
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