��14�5145
<br /> Any applicat�an of payme�nts, ' proceeds, or Misvella�ous Froe�eds ta princxpal due under the Note
<br /> sball not�xten�ar pastpone the due date� or change�he amo�t, af the Periodic Paym.ents.
<br /> 3. Funds for Eacro�Item:. Borrov�er sh��pay tv Leuder vn the day Periodic Paymentas are due under the
<br /> Nate, until t�ie Note is paid in full, a sum�the"Funds"]to provide for t of�unts due for: �a)taxes
<br /> and as ts�d�t�er items which c�n attain pri�rity over this 5ecurity t as a lien or
<br /> e� ve on the Froperty;(�b}leasebold payme�nt�s or ground r�ts on the Prope�ty, if any; �c}premiums
<br /> for any and all insurance required by Lender under Section 5; and�d}Martgage Insurance premiu�ns, if�y,
<br /> or�y�u�m�s payable by Borrower ta Lender in lieu of�he pa�m�nt af Martg,�age Insur�ce prem�ums in
<br /> accordaaQe with the provis�ons of Section 1 U. Th�i��m,s are called"Es�crov�r It�ms."At originatian vr at
<br /> any time durin�the term vf the Laan, Lend�er may require that C,�mmwsity Associ�tion Dues, Fe�s, and
<br /> Assess�ments, if any,be escrowed by BaYrower, and such dues, fees and ts sha11 be an Fsarow
<br /> Ite�n. Bo�rower shall Pr'am�a#lY furnish t�L�d�rr aII notices�f�ounts to b�Faid under th7is Sec�ivn.
<br /> Borrower s�hall pay Len.d�r the Funds for Es�row Items unless Lender wa�i�es Borrvwer's obligation to pay
<br /> the Fun�is for�nny or all Escrow Items. Le�nder may wa�ve Borrawe�'s abliga�ion to pay to Lend�er Funds far
<br /> any or all Escrow IteYns at any time. Any such waiver may on�y be in writing. In the event of such waiver,
<br /> Borrower s�ll pay dire�ct�y, whe�and where payab�e,the amounts due for any Escrow It�ms for which
<br /> payment of Funds has be�ean waived by Lender and, if Lend�c requir�s, s�,a1.1.fi�ai�h to L�nder rec�p�s
<br /> e�videncing such pa.y�ent wi�thin such tin�e period as Le�cl�er may require. Borrawe�'s�b�igatian ta make
<br /> swch paymer�ts and to provide receipts shai�fvr all purposes be d�m�d to be a covex�t and agre�e�ne�t
<br /> con�ained in this Security Inst�nt, as the phrase"oave�ant and agreem�nt"is used i�n 5ectian 9. If
<br /> Bo�rflwez is obli�tsd to pay F.scrvw It�ms d�re�ctly,pun-suant to a waiver, gnd Horrower fai,ls t�o pay the
<br /> amount c�ue for an Escrow Ite�mE, Lend�r may ' its nghts und�r Section�and pay su�ch amaunt and
<br /> Borrower shall then Ue obligated under 5ectian 9 to repay ta Le�.der any such amount. Lead�r may re,voke
<br /> the waiver as to any Qr all Escrow Items at any tim�by a notice given in a�oordanve with Section 15 and,
<br /> upon su�ch revocation, Bax-rower shall pay to Lender all Funds, and in su�h awounts, that are th�n required
<br /> un.d�r this 5ectian 3.
<br /> Lender may, �t any time, collect�nd hold Funds in an aamount(a]suffi�ient ta permit Lender to apply the
<br /> Funnds at the time specified u�d�r RESPA, and�'b)nat to e�oeed the maximum�amount a lend�r c�n re�quire
<br /> und�r RESPA. Le�d�r shall est�mate the a�unt af Funds due on the bas�s of c°u�r�nt data�nd reasonabie
<br /> estirnates of�xpe�ditures of future Escrow Iteuas or otlie�rwxse in ve wit�Applicable Law.
<br /> Th�Funds shall be held in an ins�itution wh�se depasits are insu�red by�f�agency, instrum�tality, or
<br /> entity(including Lender, if Le�d�r is�ins�ituticm wbvse d�posits are so i�sured)ar in any Fe�era�Home
<br /> Lo�n Bank. Lendez shall�piy the Funds tv pay the Escrow Itexns no�ate�r than the time specified under
<br /> RESPA. L�nd�r sha1�,not charge Borrower for halding and app�ying the Funds, annually an�aiyzing t�e
<br /> �scrow a�acount, or verifying the Escrow It�ms, unles►s Lend�r p�ys Bo�rower interest an the Funds and
<br /> Applicab�e Law permits Lender to make such a�harge. Unless an agr��t i�m�de in writing or
<br /> Applicable Law requires interest to be paid on the F�xnds, Lender s�hall not be re�uired to pay Borrowe�any
<br /> interesti rnr earnings on the Fur�ds. Borrowez an.d Lend�r can agree in writing, hawe�ear, t�at inter�t shall�
<br /> paid on the Fund�s. Le�der shall give ta Borr�we�,wit�iaut charge, an annual avcounting of the Funds as
<br /> required by RESPA.
<br /> If th�re is a surplus of Funds he�d in escr�w, as defined und�r RESPA, Ler�der shall a�acount ta Bvrrower far
<br /> the�xces�s funds in ve with RESPA. If there is a shortage of Funds held in escr�aw, as defin�d un�r
<br /> RESPA,Leader sh�a�.l natify Borrower as re�quured by RESPA, an.d Borrower shall pay to Le�.�r t�ie am�unt
<br /> nevessar�y to make up the shortage in a�cvvrdance with RESPA,but iu�no mare th� 12 month�Y paYm�nt�. If
<br /> there is a deficienCy of Funds held in escrow, as defined und�r RESPA, L�nder shall notify Bvrrowez as
<br /> 23(�Q33�4i D VBNE
<br /> NEBRASKA�a Family-Fann�e MselFreddie Ma�UNIFQRM INSTRUMENT �3ozS�ro�
<br /> VMP� VMPe�NEf t13�02y
<br /> Wvltars Kluwar Financial Sen►icea
<br /> Pe�e 5 vf 9 7
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