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��14�7�74
<br /> The Funds sha1��ae held in an�ns�itution whose deposits are insured by a federa�agency, instru�nentali�y,or
<br /> ent��y�ineluding Ler�der, if Lender is an institution tivhose deposits are so insured}�r in any Federal Home
<br /> Loan Bank. Lender sha��apply the Funds to pay the Escr��r Items no 1at�r than th�tYme spec�fied under
<br /> RESPA. Lender shall not charge Borro�rer for halding and applying the Funds,annual�y analyzing the
<br /> escro�u a�count,or�eri��ng the Escro��tems,un�ess Lender pa�r�$orrower���t�rest o�t�e Funds and
<br /> App�icable LavU permits Lender t�make such a charge. �nless an agreement is made in�vriting or
<br /> App�icable Law requ�res interest to be paid a�the Funds, Lender sha11 not b�re�uiu-ed to pay Borro�ver any
<br /> interest o�'earnings an the Funds. Borrower and Lender can agree in�vriting, however,that interest shall be
<br /> paid on�he Funds. Lender sha��give to Borrower,without charge,an annual accounting of the Funds as
<br /> re�u ired by RE SPA.
<br /> If�here is a surplus of Funds held in escrovv,as define�l under RESPA,Lender sha11 ac�ount ta I3orrawer for
<br /> the excess funds in accordance with RESPA. If there is a shortage of Funds held in e�crow,as def ned un�er
<br /> RESYA,Lender sha��notify Bonower as r�quired by RESPA, and Barro�er shall pay to Lender the am�unt
<br /> necessary to make up the shortage in accordance�vith RESPA,but in no more than 12 month�y payments. If
<br /> there is a deficiency of Funds held in esGro�,as defined under ItESPA, Lender shall notify Borrower as
<br /> required'by RE�PA, and�orrower sha�l pay to Lend�er the am�unt necessary to make up�l�e deficiency in
<br /> accordance with RESPA,but in na m�re than 12 monthly payments.
<br /> U�on payment in full of all sums secured by this Security�nstrument,Lend�r sha1�promptly refund to
<br /> Barrower any Funds he�d b�Lender.
<br /> 4. �harg�s;Liens.Borro�rer shall pay a�l ta.xes, ass�ssments, charges, �nes, and impasitions a�ri�uta.b�e ta
<br /> the Property which can attain priority a�er this S�curity Instrument, leas�hold payments or ground rents on
<br /> the Property, if any,and Community Association Dues,Fees,and Assessmen�s, if any. To the e�tent tha�
<br /> t�aese items are Escrow I�ems,�3Qrra�ver shall pay them in the manner provided in Section 3.
<br /> Borro�ver sha��prampt�y discharge any�ien�crhich has priority over this Security Instrument un�ess
<br /> Borrower: �a}agrees in wri�ing ta the paym�nt of�he obliga�it�n secured by the �i�n in a manner acceptable
<br /> �o Lender,but only so long as Borrawer is perfarming such agreemen�; (b)c�ntests the lien�n good faith�ay,
<br /> or defends against enfor�ement of the lien in, 1ega1 proceedings whi�h�n Lender's opinion aperate to prevent
<br /> the enforcement of th� lien�vhil�those praceedings are pending,but only until such proceed�n�s are
<br /> conc�uded; or(��secures fram the hald�r of the lien an agreement satisfactor�to Lender subordinating the
<br /> li�n to this Security Ins�rument. �f Lender determines that any part of the Property i�subjec�to a lien which
<br /> can attain priority over this �ecurity Tnstrument,Lend�r may give Bonovver a natice identif�ring the lien.
<br /> W�thin �0 days of�he date�n which that natice is given, Bor�'ower shall sa�isfy the lien�r�ake one or more
<br /> of the actions set forth above �n this Sectian 4.
<br /> Lender may require Borro�er to pay a one-time charge for a r�al estate tax�erificat�on andlor reporting
<br /> service used by Lender in c�nnection with this Loa�.
<br /> 5. Prope�ty I�s�urar�ce.Borro�er sha.��keep th�imp�ovements nt�w existing or here�fter erected on th�
<br /> Property insured against loss by fire,ha�ards inciuded within�he term"extended coverage,"and any ot�.er
<br /> ha�ards including,bu�not lim�ted ta,earthquak�s and floods, for�vhich L�nder requires insurat�c�. Th�s
<br /> insurance sha11�e main#ained in the amount�(including deductible leueis}and for the periods�hat Lender
<br /> requires. �hat Lender reyu�res pursuant to the preceding sent�nces can change during the term�f the Loan.
<br /> The insurance carrier providing�he insurance sha�l be chosen by Borro�ver subject t�Lender's right to
<br /> disappro��Borrower'�chaice,v�hich righ�sha�l not be exercised unreasonab�y. Lender may r�quire
<br /> Borro�er to pay, in�onnection v�ith this L�an, either: �a)a one-time charge for flaod�one determinatiQn,
<br /> certif�cati�n and trackrng services;ar(b}a one-time charge for flo�d�flne determinati�n and�ertification
<br /> ..�
<br /> IVEBRASKA�ingle Family-Fannie MaelFreddie Ma��NIFQRM lNSTRLfMENT VIIITH MERS -- � �� Form 34�8 1I�"!
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