|
��14�54�7
<br /> The Funds shall be held in au institution whose depasits are insured by a federal agency,u�strum�ntality,�r
<br /> en�ity{in.cluding Lender, if Lender is an institutian whose deposits are so insured)or in any Federal Home
<br /> Laan Bank. Lender shall apply the Funds to pay the Escrow Items na later than the time specified unc�er
<br /> RESPA. Lender shall not charge Borrower far holding and applying the Funds, a�nnually ax�alyzing the
<br /> es�row a�vunt,vr�erifyin.g the Escrow Items, unl�ss Lender pays Borrvwer interest on the Funds and
<br /> Appli�abl�Law permits Lender to make such a charge. L�nless an agreement is made in writing or
<br /> Applieahl�Law r�quires interest�v�paid an the Fun.ds,Lender shall nat be required to pay Borrower any
<br /> interest or earnings vn the Funds. Borrow�r and Lender�a,�.agree in writ�.ng,however,that i.nterest shall be
<br /> paid on the Funds. Lender shall give ta Bvrrower, withaut charge, an a�n.ual a��aunting of the Funds as
<br /> requirer�by RESPA.
<br /> If�here is a surplus af Funds held in escrow, as d�fined un.der RESPA, Lender shall account to Bvrrvwer for
<br /> the excess funds�n accordance with RESPA.If there is a shartage of Funds held in escraw,as defined under
<br /> RESPA, Lender shall nvtify Borrvwer as required hy RESPA,and Borrower shall pay to Lender the amount
<br /> neces sary t�make up the shortage in a�cardance with RESPA,but i.n no more than I Z monthly payments.If
<br /> there is a deficiency of Funds heid in escrow, as defined un.der RESPA,Lender shall notify Borrawer as
<br /> required by RESPA? and Borrawer shall pay to Lender the arnoun�t necessary tv make up the de�ciency i�
<br /> accordance with RESPA,�ut iu no mor�than 12 monthly paymen�s.
<br /> Upan payment i.n full af all surns secured by this SeGurity Instrument, Lender shall prompt�y refund�o
<br /> Borrower any Funds held by Lender.
<br /> 4. ChB�+ge�S; L.��S. B�rra�ver sha�l pay all taxes,assessments,charges,fines, and impvsitions att�ributable ta
<br /> the Property which�an attain priority aver�ais Security Instn�ment,leasehald payrnen�s or ground rents vn
<br /> the Property, if any,and��mrnunity Asso�iatian Dues,FeeS,and Assessments,if any.Tv the extent that
<br /> these items are Escrow Items,Borrower shall pay them in the mann.er provided in Se�tion 3.
<br /> Borrower shall promptly dis�harge any lien which has priority over this Security In.strument unless
<br /> Borrower: �a}agrees u�.writin.g to the payment of the obl�gat�an se�ured by�he lieu ir�a ma,n.�er acceptable
<br /> to Lend�r,but only so lon�as$orrower is performing such agreement; tb}con�ests the lien in good faith by,
<br /> or defends again.st enforcement af the lien in,legal proceedings which in Lender's apinion o�rate tfl prevent
<br /> t.he enfor�emen�of the lien while�hose pro�eedangs are pending,but only unt:il su�h proceedua.gs are
<br /> concluded; or t��se�ures from the hold�r of the lien an agreem�n�satisfa�tary tv Lender subordi.nat�.ng the
<br /> lien ta this Security In.strument.If Lender d�termines�hat auy pait of the Prnperty is subject ta a lien which
<br /> can attain priority over this Security In.strument, Lend�r may give Bvrrvwer a notice identifying the lien.
<br /> �Vxthin 1�days of the date�n whi�h that nv�ice is given,Borrower shall sa�isfy the li�n ar take on�or more
<br /> of the actions set forth abave in thi.s Sec�ion 4.
<br /> Lender may require B�rrower ta pay a one-�ime charge for a real estate tax verifi�atian andlor reporting
<br /> service used hy Lender in conne,�ti�n with this Loa,n.
<br /> 5. Phaperty I�Su�r1C�. Borrower shall keep the impravements naw existing vr hereafter erected on the
<br /> �roperty insured against Ioss�y fire,hazards included within the tertn "extended coverage,"and any other
<br /> hazards including,but not linu�ed to,earthquakes and flflvds, for which Lender requires insuran�e.This
<br /> i.nsurance shall be maa.ntained in.the amounts�inclu�ling deductibl�leve�s�aud f�r the perio�s that Lender
<br /> requires.�l'hat Lender requires pursuant to the preced�.ng sentenc�s can�hange during the term of�he L,oan.
<br /> The insurance camier pra�iding the insuran�e shall be�hosen by Borrower subject t�Lender's right to
<br /> disapprave Bflrrower's choice,which right shall n�t be exercised unxeasonably. Lender may require
<br /> Borrawer to pay,in�onuectaon vvith�his Loan,either: �a}a on�-taxne charge for flood zone determi.�ation,
<br /> certification and tra�king services;ar�b�a one-time charge for flood zone deterrni.nat�on a�d�ertaf'�cat�on
<br /> zz1.�46�60 ooss1315o2
<br /> NEBRASKA-Singls Family-Fannie MaelFreddie Mac LINIF�RM INSTRUMENT WlTH MERS Farm 3Q28 11�1
<br /> VMP� VMP6A[NE�(1342j.Qa
<br /> Walters Kluw�r Fnancial Services Page 6 af t 7
<br /> ��
<br /> M
<br /> . �.
<br /> �
<br /> .
<br /> �
<br />
|