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��14�551� <br /> Ar�y app�icatior�af paymen�s, insu�ar�ce pt oceeds, or Mis��l�aneous Proceeds ta pt•incipal due u��de���a.e No�e <br /> sh�.11 no�ex�:�rid ar po���one�he c�ue�a�e; �r c�an�e�:h���nount, nf t�1�Perioc�ic P�.yine�ts. <br /> 3. T'1�nds for�scr��v I�ems, Bnrr�we�s11a11 pay i:a Lender nn 1:h�e�ay Per�o�iG Pay�nen�s are due u��d�t t��e <br /> No�e, ur��i� �he No�e�s pa�c����full, a su�x����Ze "I`��r�ds"� �o provxde for p�.y�ne��af a�nautz�s dL�e for: �a}taxes <br /> �.t1d assess�ne���s �.nd othe�i�eins whic�i can a�:��.in�riari�y over��Zis Securii.y Inst�u�nen�as a�ie�l o� <br /> encu�n�ra.nce ozz�he Prape���:y, �b� �easeho��.pay�neni:s o1i grou�d re��s o�t1�.e P�c�per�y, if a�ly; �c�p�e��liums <br /> For a�zy ar��aI1 itzsuranee re�uirec�by Le�zc�e�u�zd�r Se��ia�z 5, and�d�Mortgag�Inst�ra�l�e�ret�niLl�ns, if�ny, <br /> or ar�y su�ns payab���y Borrnwer to Lenc�er tn lieu of the p�.ytr�ent�l Mar�gage I��surar�c�premiuz�as ix� <br /> acc���dance vvi�:�i the pravisions of Sec�:inr� 1�. T�iese t�ems a.re cal�ed"Escro�r Ite�ns." A�orig�na��o�nr a� <br /> aily t�me dL���i�g the ter�iz o:f f:1�e Lo�n, Ler�der�n�y reqL�ire��la�Ca���nt�nity Assoc���ion T�t�es, I'ees, atld <br /> A�sessine�.ts, ff a.ny, �e�scr+���d by�3a�ravv�r, an�.s�.ic�z dues, Fees an�.assessmen�s sh��l be an Escraw <br /> Ttem. Borrov�re� s1�a.�2 p�Qmpi��y fi:�rn�sh to Let�der a�l tl�trces of a111oL�r��� to be pa��.txnder th�s Sectian, <br /> F3or�ovvez�sha1l pay Lender�he Fu�l��s for�scrow Itetns un�ess�ende�•�w�.��res Barro�rer'S obliga.tio�f;o pay <br /> ���e I`unc�s for a��.y�r a.�I Esc���w Yte��ns. Le�lder�n�.y waive Borravsrer's ob�iga�io�z�o pay�o L�n�.�e�Fu�1c�s fa� <br /> a.izy ot a11�s�r��ltems a�an��i�ne. At1�'SU.��.1 VL1'cl.fV��'1�7.�.y'C]riIy��ffl�V�'1�111g. 7t1 t1��eve��of such vsraiver, <br /> BorroWer sh�.����.y�ireG�ly, w�1en ar��.wher�payable, t�e a�nc��n�s �ue far any Escr�w��e�ns for vvhic� <br /> �aytnen�of I'un�.s has�7�e�.a.vt�a�vec�by Lene��r �.�zc�., il Lender rec�t�i��es, sha1� furnisll�o Le�lder receipts <br /> evidetzcit�g suc�payinelzt wi��l�n suc11 t��ne per�od as Len�.e��nay��e��.���e. }3�rrower's abli��.tian�o�na1�e <br /> suc�l��.�rinei�ts �t�d�o pr�vide�rece�p�s s1za�� for a�l�u��oses be c�ee�ned�o l�e a co�e�atl�and agreemen� <br /> cor�tair�ed ir��:l�.is Se�urity I�as�ru�ne�a�, as��ze p1�u ase"cov���a�.�a�d a�ree�r�en�" is use�.��S�ctian 9. If <br /> �o�ravve�is obliga�e�.�o p�y Esc�ow��e�n� �.iz�ci:�y, ��.�rsu�n��a a wa�ve�, a��.d Bort awer fails�o p�.y�he <br /> ��not�nt due far an Escravv��e�n, Lezzder�nay exe�cise�tis rig�l�s t�xzder Sectxoz�9 a��d pay such a�l�ourit anc� <br /> �-3a�rov�e��sha�1 the�lae ob�i�a�ec�:u�zc�er Sec�xon 9 �o r�p�.y�o Len�.e�a�a.y suc�l��naun�. Le��det inay re�v�lc� <br /> �h�vvarver as ta any at�.11 Escrow xtetr�s a�ar�y����ne by a�.a�ice giv�lz in aceorda��ce v�ith Sec�ior� �5 and., <br /> upo�1�uch revocatio�; Ba�ro�er sha11 p�.y�a L�nde�a11 Func�s, an�in suc�i am�u��f:s, that a.r�1:11en��equired <br /> t111C���'��115 ��C��OT1�. <br /> Lenc�er�nay, a��.xzy tizne; c��lect�.nd�la1d I`u�1ds i�an a.inount��.� su�'ficien�to pertrii�Ler�der to app�y���e <br /> Tu�.ds a��:he����.z�s�eci�ied u���.er�ESPA, and��b�no�:tio �xGeed t�ae��1a���nu�n ainou�l�a 1exa�.er ca��rec�uire <br /> u�ac�er R.ESPA. Lender �ha11 es�i���a�e�he��x��ur�t of Func�s due a��he Uasis�f curt�ent da�a a�ad.r��s��x�b1� <br /> e�1���na�es of�x�ezzd�tuxes of Fu�ure Escr�w Tteix�s ar�th�rwise i�a�corc�ar�c��vi�h 1���1i�ab��1�aw. <br /> T�e�ur�c�s s��a11 l�e he�d t11�.n�nsti�L��i��wl�ose deposii:� �r�insut°�d b��.Federal a.ge���y, ��1s���rr�e�atalit�, �� <br /> etli�ity��nc�uding Le��c�e�, if Letic��r is a��i�stf�ution w�za�e c�e��sits a�e sa xnsu��d} or �n any Fec�eral�-�o��n� <br /> I,a�.r�B�1rjlf. Le�lc�et sha�l apply���e F�.���ds�o��ay�:�ie rs��ow�tei��s r����.ter 1:h���11e 1:itne s�eci:Ced utlde�4 <br /> R�S�'A. I.�e.ncler a�la�l���ct�a.r�e Bni�r��er far hold�ng ar�c��p�1yi��g�he 1�utic�s, a�nt��.l�y analyzing�;�1e <br /> escro�v�ccnul��, o�+ve�ify�����lae Esc�row I�e�1�s, u��ess Len��r pays BorrauT�r i�1��r�s�on���e Fun��s an�. <br /> Ap�lica��le Lavv�er�-ni�s L�z�.c��r�o�n�1�e st�c��.� ck�arg�. Uriless a�1 agreetne��t is�r��.d�i�writ��lg or <br /> A��a1ic�.l�Ie La�v�ec�u�res ifz�erest�a�e pa��.o�a.��xe r�.�i�ds, L�x��.e�sha1�r�ot be reqtxi�,ec��:o pay I��t:r�we��r�y <br /> inte�•es�or �ar�li�lg� on tl�e Fut�c�s. Borrovvel and Le�ade� �a�z�.g��ee i�z wr�.���.g, ho�wever, that i�z�er�s�s11a.11 be <br /> ��.ic�o�z t�le FL�nc�s, Le�l�er sh�.11 give�o I3o��a�rer, v�it;hQut cha�r.ge, a�a�.r�r��.�al accoun�ing oF t�z�Fut�ds�s <br /> rec�t�ired by�S�'A. <br /> Yf thet�e i� �.surpl��s oF ru�l�s�xe��.�n�sct�a�w, as c�ef�n�d��c�er R�SPA, Le�1d��s�i�.l� a��ou��t i.o Borrow�X for <br /> �1�e exce�s �CZ��.ds��z accarda�.c�v�r��h��SPA.. If�1�er�is a slzar��g�of�u�ds��e�c�i��scrow, as c�e�t�ec�t��.a.c�e� <br /> �E�P�., Lende�� s�a�1�ot�fy Bo�rowe�r as�•equ�r�d by R�SPA, �.��d Bar�4�?ver s11a�1 pay to L�n�ei�tlle�i�na�.��� <br /> necessal�y t�i��a:�ce up�he s��.ortage i�.accorc�a�ce with I�SPA, �ut in�o t��ot•e�tlan I�v inon�;111y�a�.yiz�e�z�s, Tf <br /> ��Ze��e is a c�.ef�ciency of i`utzds he1c�in escro�v, as �e�i�ed under R�SPA, �enc�er s�1�.11 r���iiy L�orrovve�{ �s <br /> ��Qarao� <br /> NEBF�ASKA-Single�amily=�'annie M aelFr�ddl�M ac L1NIF�RM IN5TRl1M�NT �orm 3Q2�91a1 <br /> VM P QQ V�I P6�NE}��3�2} <br /> LNolfe�s Kluw er�ii�anciai Services page 5 of 17 <br />