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<br /> Any appl�ca�ion af payments, insurance praceeds, ar Misc�llaneaus Pr�ceeds to princ�pai due und�r�he No�e
<br /> sha11 no�extend or pastpone�h�due dat�, or change�he amoun�, of�h�Periadi�Paymen�s.
<br /> 3. �"unds f�r Escrow Items. Borrower shall pay�o Lender on�he day Per��dic Payments are due under the
<br /> Note, unt�� tihe Note is pa�d in ful�, a sum��he "Funds"} �o pro�ide for payment af am�unts due fflr: �a} taxes
<br /> and assessm�n�s and�ther it�ms wh��h can a��a�n pri�ri�y over�h�s Secur��y Instrument as a lien or
<br /> encumbrance on the Proper�y; �b}leaseho�d paymen�s or ground ren�s on the Proper��r, if any; �c}prem�urn�
<br /> for any a�d a�� �nsurance�requ�red�y Lender under S�ction 5; and �d} N�or�gage�nsurance prenuu3m.s, �f any,
<br /> or any sums pa�rab�e by Barra�ver�o Lender�n�xeu of the paymen�of N�or�gage Insurance premuum.s in
<br /> acc�rdance wi�the pr�visions of Sect�on ��. These�tems are called "��crow I�ems." A�arigina��on�r at
<br /> any��me during the�erm of the Loan, �..�nder�nay require that Communi�y Ass�cia�ian Dues, F��s, and
<br /> Assessmen�s, if any, be escrowed�y Borrower, and such dues, fe�s and assessmen�s sha��b�an Escrov�
<br /> �tem. Borrower sha��promp��y furn�sh�o Lender all no�ices of amount�to be pa�d under�his Sec�ion.
<br /> B�rrower sha��pay Lender�he Funds for Escr�w �tems unless I..�nder waives Borrower's obZ�gation�o pay
<br /> the Funds for an�r ar all Escrow Z�ems. Lender may waive Borrower's obliga�i�n to pay ta Lender Funds for
<br /> an�or a�� Escrow I�ems at any t�me. Any such v�ra�ver ma�o�ly b��n wr���ng. �n the e�e�a�af such wai�ery
<br /> Borrower shall pay directl�, when and wh�re payable, �he amoun�s due for any Escr�v�I�ems for which
<br /> payment of Funds has been waived by L�nd�r andy �f Lender requires, shall furn�sh�o L�nder rece�p�s
<br /> ev�dencing suc�paym�ent w�th�n such t�me period as L.�nder may require. Borrower's obligatian�o nzake
<br /> such payments a.nd to provide rece�p�s s�a�� for a��purposes b�deemed to be a co�enant and agreemen�
<br /> conta�ned in�his Security Ins�rument, as th�phrase "co�enan�and agreement" �s us�d�n Sec�i�n 9. If
<br /> B�rrower is ob�iga�ed�o pay Escro�v Items directly, pursuant�o a wa��er, and Barrower fai�s�a pay th�
<br /> amaunt due for an Escraw�tem, Lender may e�erc�se its rights under Section 9 and pay su�h am�un�and
<br /> Borrovsrer sha���hen�e ob�igated under Sec�ion 9�o repay�o Lender an�such amoun�. Laender ma�r re�ok�
<br /> �he waiver as to any or a11 Escrow Item.� a�any��me by a na�ice g�v�n in acc�rdance wi�Sec�i�n 15 and,
<br /> upon such revoca���n, Borrower sha�1 pay to Lender a��Funds, and in such amaunts, tha�are�hen requxred
<br /> under th�s Sec�i�n 3.
<br /> Lender may, at an��ime, callec�and ho�d Funds in an amoun��a� suf�cien�to p�rmit Lender�o app�y f�e
<br /> Funds at�he time specifxed under R�SPA, and �b}not to exc�ed t�.�maximuxn amount a Iender�an require
<br /> under RESFA. Lender shai�esC��nate the amount of Funds due�n��e bas���f�urren�data and reasonabie
<br /> estimates of expenditures of fu�ure Es�row �tems or ath�rvvise in accarda.nce w�th App�icable Law.
<br /> The Funds sha��be heid in an�ns�ituti�n whose deposi�s are insured b�a federal a�en�y, �ns�rurnen�a�ity, or
<br /> en�ity��nc�uding Lendery if Lender is an ins�itut��n�vhose depas��s are s�insured��r in any Federal Home
<br /> Laan Bank. L.ender sha�� apply�he Funds tn pa�the Escrov� ��ems na later than�e��me specified under
<br /> R�SPA. Lender sha11 not charge Borrower f�r ho�d�ng and applying t�h.e Funds, annual�y analyzing�he
<br /> escrow accaunt, or v�r�fy�ng the Es�r�w ���ms, un�ess I.�nd�r pays Barrower�n�erest�n���Funds and
<br /> App�icab�e Law p�rm�i�s Lender�o make such a char�e. Un�ess an agr�emen��s rnade in wri��ng or
<br /> Appl�cab�e Law requires in�eres�t�be paid on�he Funds, I,ender sha�I not be requ�red to pa�r Borrov�rer any
<br /> �nteres�or earnings on the Funds. Borrower and Lender can agree�n v�ri�ing, hawe�er, tha�in�eres�sha��be
<br /> paid vn the Funds. Lend�r sha��give to B�rrower, w�thout�harge, an annual a�coun��ng of�.he Funds as
<br /> requ�red by RESPA.
<br /> If there is a sur��us af�`unds h��d in es�row, as def�ned under RESPA, Lend�r sha�l accaun�to Borr�wer for
<br /> the excess funds �n accordance w�th RESPA. If there is a shor�age of Fllnds held in escrow, as de�ned under
<br /> R.ESPA, Lender�ha�I notif�Borrower as required by RESPA, and Borrower�hall pay to L.�nder the amaun�
<br /> necessary��make up�he shor�age in accordance w�th RESPA, bu�in no m�re than I2 mon�hly paymen�s. If
<br /> �here�s a de�ciency of Funds h��d �n escrow, as de�ned under RESPA, Lender shall not�fy Borrower as
<br /> N�BRASKA-Single�amily-�a�nie Mael�reddie Mac UNt��RM tNSTRl1MENT Form 3D28 11�i
<br /> VMP� VMPfi�NE}{�342)
<br /> Walt�:rs Kluwer Financial Ser�ices Page 5❑f 7 7
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