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��14�7�4� <br /> A�y app��ca�io��.�f p�.�r�netz�s, ir�surar�ce proceeds, ar Miscellaneous Proce�ds�o pr��zcipal due un�e���he Na�e <br /> sha�l�.o�exten�.ar pos�po��e�;he c�ue c�a�e, ar�h�.�.ge�1�.e amau�1t, �r the Per�a�.xc Paytnen�s. <br /> 3. Tun�s for Escrovv Ite�ns. Borrovver sh�.11 pay�o Lender an��le day Per���.ic Paymer��s�.re due under�h� <br /> No�e, un�iX�he No�e is pa�d�n f�x11, a suin��lie "Fu�ds"��a provic�e for�aytnenl;of a�nou���s c�ue f�r: �a���.xes <br /> a�1d assessi��e��ts anc�a�he�i�ei��s which car�a���.itz p�io�it�r ove�this Secur��y Tr�stt uillent as a�ien or <br /> eilcuznbra.nce o�.�he Praper�y; ��� lease��ald pay�a�ent� a�•g�ound rer��s or�the P�oper�y, if�r�y; �c}�re�niums <br /> f�r any anc�a11 ir�s�.��ance requir�d by Lender�u�a.der Sec�ion 5; and�d�Mo��gage 7nsura.r�ce pre�rur��ns, ff any, <br /> o��zy su��ns paya�le�ay Sorrower�o Lenc�er ir��ieu af t�.e pay�n��.�of Martgage r�lst�r�nce preini�.�tns i� <br /> accorc��.nce w�t1��he pro�isions of Sec��an �D, These ite�ns are ca��ed"ESC�'QW Iti��175." A��r1�111�.tI�t1 QZ�.� <br /> a�.y�i�ne dur�n���ie�:er�r�of��ze Loa��, Lender inay require��i�.�Co�a�n�.ni�;y Ass�cxa�ion I]ues, F ees, a�d <br /> Assesslrien�s, if a�1y, �e escrovv�c�by Borro�ver, a�d suc11 dues, fees a�.�c�assess��le��s s��.a�I�e a�1�scraw <br /> Ite�n. Borro��ver�1�a11 pro�np��y fu.rn�s�z�o L�nder a1�r�o�ic�s of amo�.�n�s�;n�e paic�.u�.der�l�is Sect�a�1. <br /> Barrawer ��Za�l pay Le�de��he F�.xnc�s for�sct•ow Yte�ns u�less Lender w�.ives Borr�wer's obligati�n�o pay <br /> ���e Fund.s for a.ny or�.11�scrovv�te�r�s. Ler�der�-�ay,wa�ve Bot r��uet'� o�lxga�ion to p�y�o Letl�:er Tund� for <br /> �ny a1 a11 Escr�w I�e�r�s a�a.�Zy�i��n.e, .Ar�.�r�uc1z waiver�na�ot�1y be i�z vvri�ii�g, �n t�le even�of st�clz vvaiver, <br /> B�rrov�er sha11��.y direc��y, whe�z and v�lze�e�ayable, f:��e a�nou�a.�s due for a�y�s�row Ttems fa�vv�l�c�a. <br /> pay�nen�of I`u.r�ds has been v�raivec�by Leilc�er a.nd, if Lender rec�u.rres, sha�I furi�.sh�o Lenc�er reee���s <br /> evi�.�r�cir�g sr:�.�h pay�ne��t vvt�llin such ti�ne period as Lez�c�e�may require. Borrower's abl�ga�ion 1:a ina1�� <br /> such paymer��s�.nd�o prov�de recei�ats s�1a.1X for al�pt�rposes�e c�ee�ned to�e a�ovex�.ax��a��d agree�ne�t <br /> con�ained i�z�1z�s Secu�•�ty Instrulnent, as the phrase"cove�an�anci agree�ne��:" is used�n Se��iot�90 �f <br /> Borrowe� is ob�xga�e�.�o��.y�scrow Iteins c�i��ectly, pursuant�o a waiver, a.��d Bor,rower fa�Is to pay�lze <br /> a.lnoun�c�ue for a.r�Escraw T�et�z, Lender�nay exercise i��rig�z��unde� Sectio��9 a�d pay suc�z aa.no�.�n�and <br /> Barr�wer shall�hen�e obliga�ed u��der Sect�on 9�o tiepa���Lender any suc�1 a�nou�.�. Le��.c�er lnay t�e�vol�e <br /> ���e wa�ver as�:a a�zy o�all�scrov�r Iten�s �.�a�ay�i�11e�ay a no�ice gi�et�in accordance w�th Sec�ion �:5 anc�y <br /> t�pon such revoca�ian, Bo�rov�er s�1�.1�p�.y to Len�er a��Ft�nds, and i��sucll��nounts, ��ia��re�tlzen requirec� <br /> u�der t��is Sec��o�3.. <br /> Lender�nay, a��.ny�i�l�e, Go�lect a.�.z�.ho�d I'un�s ir�a�a�naun��a.} sufficxen�ta permit Le�der�a�.pp�y�1ze <br /> Fus�ds ��t�ze�i�ne spec�f�e�.u�der RESPA, aild�b} �ot�o exceed�1�e xnax�xnui-ri ain�ur�t a lender ca�a.�:equ��e <br /> un�er RESPA, Len�.er-shall estiin�.�e the a.mou�l�af Funds due o����e bas��oF current da��:an�.reasori�.l�le <br /> �str�n�.�es of expe�.�xtures of future Escr ow I�:e11�s or othe�•wise in acc��dance w���App�ical�le Lavv, <br /> '�`�le I�u�ds sh�.�1 be��e�c�i�an zns���u�ion vwha,�e c�e�aos��s are ir�su�'ed by a�ederal age�cy, i��stru�netltal���, �r <br /> etltity�ilzcluding Lender, if Le�.der xs a�.in��x�t�tion w��.ose deposi�s a.t•e so�su��e�.� ar�n�.�1�Fec�e�a1�Io�ne <br /> Laan Ba��. Lenc�er shall �pp1y�he Func�s�o pa�the Es�ravsr r�:e�n�no 1a�er�ha�z t��e�iine specifiied u�lder <br /> R�SP:A. Lenc�er sha1���.o�c�large I3a�rrower for ha�ding a�.�.a�plying�he F�.����s, arinua�ly a.t�alyzing t�e <br /> escrow a�caur��, ar ver�Fyxng�he��cravv I�e1ns, uniess Le��der pays Borro�wer i�z�eresl:on t�1e F't�nds azzd <br /> Ap��ica�le Law pei 1n��s Lender 1;0��n�1�e suc11 a charge. �C]�nless a�z agree�net�t is t�nade r�wt•i�ing or <br /> :A.pp��cable Law�equires iiztet es�to l�e paic�on�he Func�s, Lenc�er s���.l��a�be�ec�uired to pay Borx ov�re��any <br /> i�.�eres� or eat:ni��gs on�tle Funds. Bot rovver a�ld Lender can ag��ee��:vt�ri�ing, h�weve�, t�lat i�te�•es�sha11 be <br /> paxc�.o�a:the I'unds, L�n�.er sla.a�� gi�e�o Bot•rower, wii:hou��harge, ai��.x�.�.ua�accour�ti�g of t�e Fun�s as <br /> �eqt�.��red b�r RESP.A.o <br /> If�here is a sut�lt�s of Fu�ds held in escrow, as de�r�ed utl�er I�ESPA, Lende�r sha11 �.ccati�n�;t�B�rro,t7ver fo1� <br /> ��le excess fi.Xric�s�n acca�dat�ce with RESPA, Ir#;1�er��s a s�or��.ge of Fu�a�.s Ize�c�ir�escrnu�, as c�efi�e�.under <br /> �ESPA, Letlde� s11a1��zo�ify Bo�rov�er as rec�uired by RESPA, a�ld I�or�rower s1�a11�ay to L�ndet•t��e amaut�t <br /> riecessary to��Z�l�e u�1:1�e sl�ort�.ge in accordance wi�h R�SPA, bu�i�a.�zo�nare t1�an 12�nor�1:11Iy p�.y�ne��t�. rr <br /> �1-�ere is a�eficieney or Fui�c�s�lelc�in escr�w, as defined�nder RESPA, Lei�c�er s17a.11 natiFy Bo��ro�er a� <br /> 240�7'31 Q <br /> N�BRASKA-Single�amily��ann€e IVi aelFr�ddie M aG 11NI��RM INSTRLJM�NT �orm 3�2a�1a 1 <br /> VM P Q VM P��N�}{13��}. <br /> `Itilalfers Kluw�r Financlal 5ervices Page 5 af 17 <br />