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<br /> Any applica�ion of payments, insurance pro�eeds, or Misc�llaneous Proceed.s t�principa�due under the 11Iote
<br /> sha��nat e�tend or pos�pane the due date, or change the amount, of the Per�adic Payments.
<br /> 3. Funds for Escrow Items. Borrower sha1�pay�o Lender on the day Per�ndic Paymen�s are due under�he
<br /> Note,untii the Note�s pa�d in fuii, a sum�the "Furids"}to pro�ide far paym�nt of amaunts due for; �a}taxes
<br /> and assessmen�s and other i�ems w�iich can a�tain prior�ty o��r thxs 5ecuri�y Instrument as a Iien or
<br /> - . encumbrance on xhe Property;.�b}Ieaseho�d paym�n�s or ground rents on�he Proper�y, if any; �c�premiums
<br /> for any and aII ua.surance requxred by I.�nder under Se�tion 5; and�d} Mor�gag�Insuran�premiums, if any,
<br /> or any sums payable by Barrovver ta Lender in Iieu of the pa�rmen�of Mortgage Znssurance premium,s in
<br /> accordance with the pro�isions of�ect�an 1�. These xtems are ca.i.ied "Escrow i�ems." At origination or a� �
<br /> any x�me dur�ng the term of th�Loan, Len,der may requxre tha�Commur.uty Assoc�at�an Dues, Fees, and .
<br /> Assessments, if any, be�scrovv�ed by Borrawer, and such dues, fe�s and assessments sha.11 be an Es�row
<br /> item, B�rrower shali promp��y furnish ta L.ender a1�notices of a7moun�s to be pa�id under this�ec�ion.
<br /> Borrower shal.i pay Lender the Funds far Escro�v��ems unles�Lender wax�es B�rrower's abxiga�xon�a pay
<br /> the Funds for any ar a.I1 Escrow Items. Lender may waz.ve�rrov�rer's ob�igation to pay to Lender Funds for
<br /> any or a.�l Escro�v Y�en�at any�ime. Any such vvaxwer may on�y be in vvriting. In the event of such�crai�er,
<br /> Borrawer sha1l pay directly, when and where payabi�, the amounts du�for any Escrow I�ems far wh,xch
<br /> pa�ment of Funds has been wai�red by Lender and, �f Lender requir�s, shall furnish�o Lender receip�s
<br /> e�r�dencing such paymen�wx�hin such tim�period as Lender ma,�require. Barrovirer's obiigatxon to make
<br /> such paymen�s and to prov�de r�eipts sha�� for aII purposes be deemed to be a covenan�and agreement
<br /> cantained in�his Secur�ty Instrument, as the phrase "co�renan�and agreement" is used in Sec�ion 9. If
<br /> Borrov�rer rs ob�xgat�d.to pay EsCrvw��ems direc�ly, pursuant to a wai�er, and Borrower fasxs�o pay xhe
<br /> amaunt due for an Escrov�r I�em, Lender may exerc�se�ts rights under Sec�ion 9 and pay suc�i amount and
<br /> Borrower shal�then be oblxgated under Section 9 to repa�r to Lender any such amount. Lender may revoke
<br /> �he waai�er as to any or all Escrow Items at any time by a notxce grven in accordan.c.�with S��ion Z S and,
<br /> up�n su�h re�rocatxon, �rrower shal�pay ro Lender a.lX Funds, and in such am�unts, xhat are�.hen required
<br /> under�his Sectxon 3 0
<br /> Lender may, at any time, coiiect and h��d Funds in an amount�a} sufficxent to permi�Lender to apply the
<br /> Funds at the ti.me specified under RESPA, and�b}not�o exceed the m�ax�.mum amoun�a lender can require
<br /> under RFSFA. I,ender sha1�es�ima�e the aYnount of Funds due on the basis of current d.a.ta and rea.sonab�e
<br /> estxrnates of expenditures vf future Escrow Ytems or o�herwise in accardance wi�h App�icable Law.
<br /> 'I`he Funds shali be held in an institut�on vcrhose deposits are in�ured by a federa.�agency, instrumentality, or
<br /> en ti t y�inc xu ding L en der, i f L en der is an ins�itution whose deposxts are sa insured}r�r in an�Fec�era.l Home
<br /> Laan Bank. Lender sha11 apply�ie Funds tn pay the Escro�r I�em�no later�han the Cune spec��ed under
<br /> RESPA. Lender shall not charge Barrower for hoidu�.g and appxy�ng the Funds, annua.Ily analyzing the
<br /> escrvw account, or verifying�ie Escrow�tems, unl.ess Lender pays B�rrower�n�er�st on xhe Funds an,d
<br /> Appl�cab�e Law permits Lender to make such a charge. Un�ess an agreem�n�is made ux writing or
<br /> App�icable Law requires in�eres�to be paxd on the Funds, Lend�r�ha��not be required to pay Barrower any
<br /> interes�or earnx.ngs an th.e Funds. Bvrrawer and Lender ean agree in writing, howe�rer, that in�eres�sha11 be
<br /> paid an the Funds. Lend�r sha.xl gi�e to Borrower, �crithau�charge, an annu.ai acctiunting of the Funds as
<br /> requir�by RESPA.
<br /> .
<br /> If�here�s a surpXus of Funds held in escrovv, as def ned under RESPA, Lender shali accoun�xo B�rro�ver for
<br /> the excess funds rn accordance�th RESPA. If�iere is a shor�age of Funds held�n escrow, as defined under
<br /> RESPA, Lender shall natify Barrower as required by RESPA, and Borrower sha�.�pay to L�:nder the am�unt
<br /> necessary�o make up the shortage�n accordance�u�th RESPA, but in na more than I2 mon�hiy payments. If
<br /> Chere is a deficiency af Funds he�d�n escrow, as defxned under RESPA, Lender shail notify Borro�ver as
<br /> N�BRASKA-Single Fam�ly-Fannie Mael�reddi�Mac UNF�ORM fNSTRUM�NT Farm 3428 7101
<br /> VMP[� VN[P6{N�){�302j.OD
<br /> Woiters Kiuwer Fir�an�ial Services Page 5 of 17
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