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<br /> Any appli�ati�n of pa�men�s, insuran�e pro�eeds, or Mis��iianeous Pro�eeds �o principal due under the Note
<br /> shall not ext�nd or postpone�h�due date, or change th�amount, of�he Peri�d�c Paym�nts.
<br /> 3, Funds for Escro�v Items. Borr��r�r shai� pa� to Lender on the day Per�odic Pa�ments are du�under�he
<br /> N��e, until�he No�e is paid in full, a sum��he "Funds"} to pro�ide for payment of amounts du�for: �a} taxes
<br /> and assessmen�s and ather items whi�h can at�ain pr�or�ty over�his �ecuri�y �ns�rument a� a Iien or
<br /> encumbrance on th�Proper�y; ��} �easehold payments or gr�und ren�s on�he Propert�, if an�; �c}premiums
<br /> for an�r and aIi insurance required by Lender under Sec�zon 5; and (d} Mortgage �nsurance prem.�ums, if an}�,
<br /> or any sums payable b�Borrov�er�o �...�nder in l�eu of�h�pa�ment nf Mor�gage Insurance prenuums �n
<br /> accardance vvith the pro�ris�ons of Sec�ion �D. These�tems are called "Escr�w �tems." A�or�gina�ion or at
<br /> any t�n7�during the�erm of�he Loan, L.ender may require�hat Camrnun��y Association Dues, Fees, and
<br /> Assessments, �f an�, be escrowed by Borrou�er, and such dues, fees and assessrnen�s sha11 be an Escr�w
<br /> �tem. Barrower shall promptly furn�sh t� Lender all natices of a�mounts �o be paid under�his Sect�on.
<br /> B�rrouler sha�l pay Lender the Funds for Escrow ��en�s unl�ss I�ender wa�ves Borrower's�b��gatinn to pay
<br /> �he Funds for any or a�� �scraw Items, Lender may wa��ve Borrawer's obliga��on�o pay�o Lend�r Funds for
<br /> any flr a11 Escr�w ��ems at any t�me. Any su�h wai�er may anl�be in writing. �n the e�en��f such�aiver,
<br /> Borrower shall pay d�re��l�, when and v�rhere pa�a�Ie, the am�un�s due far any Escrow ���nr�s for wh�ch
<br /> payment of Funds has b��n waived b�Lender and, if Lender requ�re�, shall furn�sh�o Lender r�ce�pts
<br /> e�idencing such paymen�vv�thin suGh time period as Lender may requ�re. gorrower's obliga��on to make
<br /> �uch payments and to prn�r�de receip�s shall for al�purpflses�be deemed�n be a co�r�nant and agreemen�
<br /> contained�n this Securi�}� �nstrument, as�he phrase "covenan�and agre�me�.t" �s us�d�n Sec�ion 9. �f
<br /> Barro�er is obliga�����pay Escrov�r �tems directly, pursuan��o a wa��er, and Borr�w�r fa��s to pay the
<br /> amoun�due for an�scraw I�em, I.lender may exercise its r�ghts under Sec�ion 9 and pa� su�h am�unt and
<br /> Barrower shall then be ob��gate�under Sectifln 9 to repay to L�nder any such am.�unt. Lender may re�oke
<br /> the wa�ver as to any or alI �scrovv I�ems at any�ime by a no��ce given in ac��rdance wi�h Secti�n �5 and,
<br /> upon such rev�ca�ion, Borrower sha��pay�� Lender aIl Funds, and in such amoun�s, �ha�are�hen required
<br /> under this Sec�ion 3.
<br /> Lend�r may, at any time, coi�ec�and hald Funds xn an amount �a} suff�cient to permit Lender to apply the
<br /> Funds at�h�time spec�f�ed under RESPA, and�b� not to exceed the ma�imum aamount a lender can require
<br /> under RESPA. Lender shall est�mate the amount�f Funds due on�he basis of current da�a and reasanable
<br /> �st�mates of�xpendi�ures of future Escrflw �tems or o�herwise�n acc�rdance with Applicable Law.
<br /> The Funds shail be he�d in an�ns�itut�on wh�se dep�si�s are�nsured b�a federa� agency, instrumentality, ar
<br /> �nti�� ��nc�ud�ng Lfender, if Lender�s an ins�i�u�ion�rhase deposits are so �nsured}or�n any Federai Hame
<br /> Loa�a Bank. Lender shai� apply the Funds�o pa� the Escro� ��ems no Iater�han the time spec�f�ed under
<br /> RESPA. Lender shai�no�charge Borro�rer for ha�ding and apply�ng the Funds, annuall� ana�yzin��he
<br /> es�row accaun�, or v�rifying�he Escrow �tems, un�ess Lender pays Borrower�n��rest on�he Funds and
<br /> App��cab�e Lav�permi�s L.ender to make such a charge. Un�ess an agr�ement�s made in wri�ing or
<br /> Applicab�e Law r�qu�res in�erest�o be paid�n the Funds, Lender shall n��be required��pay Borrow�r any
<br /> interes�flr�arn�ng� on the Funds. Barrawer and Lender can agree in writ�ng, hov�re�er, �hat�n�erest shall be
<br /> paid on the Funds. Lender sha�1 give to Borro�ver, w��hout charge, an annua� accounting of the Funds as
<br /> requ�red by RESPA.
<br /> If�here is a sur��us of Funds he�d �n escrow, as defined under R��PA, Lender shai� account to Barrovver for
<br /> the e�cess funds in acc�rdance wi�h RESPA. �f ther� is a shflr�age of Funds he�d in escrow, as de�ned under
<br /> RESPA, Lender shail no�ify B�rrower as required by RESPA, and Borrower sha��pa� ta Lender�h�amoun�
<br /> necessary�o make up �he shortage in accordance with RESPA, �ut�n n� more than �Z monthly paymen�s. If
<br /> �her� �s a def�c�ency�f Funds held in e�crow, as def�ne�i under RESPA, Lender sha�l no�ify Borravwer as
<br /> NEBRASKA-5ingle�arr�i[y-Fannie Mael�redciie Mac UN�FQRM lNSTRUMENT �v�'m 3D28 11D1
<br /> VMP� VMP��N�)�i 3�Zy
<br /> Wolters Ktuwer Financiat 5er�ices Page 5 a#17
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