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��14��573
<br /> Any applica�ion�f paymen�s, insurance proceeds, or Miscel�aneous Proceeds to pr�nCipal due under�he No�e
<br /> sha�i not extend or postpone�he due da�e, or change the am�un�, of the Period�c Paynr�en�s.
<br /> 3. Funds for Escrov�v Items. Barrower shal� �ay�� Lend�r on�he day Period�c Payments are due under�he
<br /> Nat�, un�il th� Note��pa�d in full, a sum(the "Funds"} to prav�de far payment of amoun�s due for: �a}taxes
<br /> and assessmen�s and o�her i�ems vvh�ch can atta�n priori�y a�er this Securi�y �nstrument as a lien ar
<br /> encumbrance an�he Pr�p�r�y; �h} �easeho�d payments ar graund rents an the Property, if any; ���premiums
<br /> for any and all insurance required by I.�ender under S�c�ion S; and�d} M�r�gage Insurance premaums, if any,
<br /> or any sums paya�le by Borrower�o Lender in lieu of�he payment�f Mor��age�nsuranc�premiums in
<br /> ac��rdance with th�pro��s�ons�f Sect�on 14. Th�s���erns are called "EscrovW Xfem�s." A��r�ginatian ar at
<br /> an�time during the�erm of the L.oan, Lender ma�r requir��ha�Cammuni�y Assaciation Dues, Fee�, and
<br /> Assessments, if any, be escro�red by Barrower, and such dues, fees and assessmenrs shal��e an�scrow
<br /> �tem. Borrower shall promp�ly furnish to Lender a�l not�ces of am�un�s�o be paid under�his Se��ion.
<br /> Borrower shall pa�Lender�he Funds for�scrow �tems unl�ss Lender waives Barrower's obl�gation to pay
<br /> the Funds for an��r all Escrow �tems. Lender ma�waive Borrnwer's ob�igation�a pay�o I.ender Funds far
<br /> an�r or a1� Escrow I�en�s a�any�ime. Any such waiver may on�y be�n wr�ting. �n�he e��nt of such vvai�er,
<br /> B�rrnwer sha��pay directly, wh�n and where payab�e, the amoun�s due for an�r Es�ravW Items for v�h�ch
<br /> paynr�ent of Funds has been waived by�...�nder and, if Lender requires, sha�� furnish to Lender receip�s
<br /> e�idencing such payment v�rithin such �ime period as Lend�r ma}� requir�. Borr�wer's obliga�ian to make
<br /> such paym�nts and to provide rece�pts sha�1 for a��purpose�be deemed ta be a co�enan�and agreement
<br /> canta�ned�n this S�curit� Instrument, as the phrase "co�enant and agr�ement" �s used �n 5ec�ion 9. �f
<br /> Btirrower is�bl�gated to pa� ��crow �tem� directl�, pursuant�o a wai�er, and Borrower fa��s to pay the
<br /> amoun�due far an�scraw ��em, Lender may exercise its r�gh�s under Sect�on 9 and pay such amoun�and
<br /> B�rrflwer sha�� then be obligated under Sec�ion 9 tfl r�pay�o L.ender any such amount. Lender may revoke
<br /> the v�rai�er as to any ar all Escraw �tems a�an�r tzmte b�r a no�ice g��en in acc�rdan�e w�th Sect�on �5 and,
<br /> upan�u�h revaca�ion, Borr�w�r shai�pay to Lender a�� Funds, and in su�h am�unts, �hat are�hen required
<br /> under th�s Sectxon 3.
<br /> Lender may, at an�time, collect and ho�d Funds in an amaun��a� suff�c�ent���erm�t Lender ta apply the
<br /> Funds at th�t�m�spec�fied under R.ESPA, and �b� not�o exceed �h�maximum am�un�a�ender can require
<br /> under RESPA. L,�nder sha�� estimate��e amount of Funds due an the basis�f current data and reasana�le
<br /> �stimates af expendi�ures of future Escr�w Items or athervvise in acc�rdan��wi�h App�icabie Law.
<br /> The Funds sha�l be he�d �n an institut�on�hase depasits are insured�y a federa� agency, �nstrumen�a�i�y, or
<br /> enti�y �inc�udzng L�nder, �f Lender is an ins�i�u��on v�hose depo���s are so �nsured} or�n any Federal Home
<br /> Loan Bank. Lender shal� appi�the Funds�a pay the�scrow ��ems no �a�er than�he time specified under
<br /> RESPA. L�nder sha�l not charge Borrower for halding and appl��ng�he Funds, annualiy analyz�ng the
<br /> escrow account, or ver�fying�he Escraw�tems, unl�ss Lender pays Barrower�nterest on the Funds and
<br /> App�icab�e Lav�permits Lender to make such a charge. IJnles� an agreement is nlade�n wri�ing or
<br /> Appl�cab�e Law requires in�erest Yo�e p��d�n�he Funds, Lender shall not be required to pay Borrower any
<br /> �nteres�nr earnings on the Funds. Borr�wer a�d L,�nder can agree in wr�ting, hov�re�rer, �hat in�eres�shall be
<br /> pa�d on th�Funds. Lender shai� gi�e t�Borrov�er, w�thout charg�, an annua� accoun�ing�f�he Fund� as
<br /> requ�red by RESPA.
<br /> �f there�s a surp�us of Funds held in escrow, as defined under R�SPA, I.�nder shal� accaun��o Borrower f�r
<br /> th�excess funds in accorda�ce w��h RESPA. �f there�s a shortage of Funds held in escrow, as de�ned under
<br /> RESPA, Lender sha11 not�f�Borrower as required by RESPA, and Borrower shall pa��o Lend�r the amount
<br /> necessary to make up th��hor�age in ac�ordance wi�h RESPA, bu��n no mare than ���n�nthly payments. �f
<br /> �here�s a defi�ienc�of FUnds held�n escr�w, as de��ned under RESPA, L.�nd�r shali notify Borrower as
<br /> N�BRASKA-Single Fami�y-Fannie MaelFreddie Mac UNl�ORM iNSTRUMENT Farr�n 342$1!�'�
<br /> VMP Q VMPG�NE}i13�2i
<br /> Wvlters Ktuwer�inancia�5er�ices Page 5 af 17
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