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��14�755�
<br /> may require.B�rrower's abligation to make such pa�ments and to pro�ide receipts shall f�r all purp�ses
<br /> be deemed t�be a c�venant and agreement contained in this Security Instrument,as the phrase"covenant
<br /> and agreement" is used in Section 9. If Borr�wer is obligated to pay Escrow Items directly,pursuant to
<br /> a vvai�er, and Borrawer fails to pay the amount due for an Escravv Item,Lender may exercise its rights
<br /> under Sectior�9 and pay such amount and Borrower shall then be obligated under Section 9 to repay to
<br /> Lender any such amount.Lender may revoke the wai�er as to any or all Escrow Items at any time by a
<br /> notice given in acc�rdance with Section 15 and,upon such re�ocation,B�rrower shall pay to Lender aIl
<br /> Funds, and in such amoun�s,that are then required under this Section 3.
<br /> Lender may, at any time, collect and hold Funds in an amount(a} sufficient to permit Lender to apply �
<br /> the Funds at the time specified under RESPA,and�b}not to exceed the maximum amount a lender can �
<br /> require under RESPA. Lender shall estimate the amount�f Funds due on the basis of current data.and �
<br /> i
<br /> reasonable estimates of expenditures�f future Escrow Items ar otherwise in accordance vvith Appl�cable �
<br /> �
<br /> Law. i
<br /> ,
<br /> �
<br /> The Funds shall be held in an institution whose depos�ts are insured by a fed�ral agency,instrumentality, i
<br /> ar entity(including Lend�r, if Lender is an�nstitutian vvhose deposits are sa insured}or in any Federa�
<br /> �
<br /> Home Loan Bank.Lender shall apply the Funds t�pay the Escrovv Items no later than the time specified
<br /> under RESPA.Lender shall not charge Borrower for holdir�g and.,applyi�g the Funds,annually analyzing
<br /> the escrow account,or verifying the Escrow Items,unless Lender pays Barrower interest on the Funds
<br /> and Applicable Law permits Lender to make such a charge.Unless an agreement is rnade in vvriting or
<br /> Applicab�e Law requires interest to be paid on the Funds,Lender sha11 nat be required to pay Borrawer
<br /> any interest or earnings or�the Funds. Borr�wer and Lender can agree in wri�ing,howe�er,that interest
<br /> shall be paid on the Funds. Lender shall gi�e to Borrower,with�ut charge,an annual accaunting of the
<br /> Funds as required by RESPA.
<br /> If there is a surplus�f Funds held in escr�w,as defined und�r RESPA,Lender shall acc�unt t�Borrower
<br /> far the excess funds in accordance with RESPA.If there is a shortage af Funds held in escrow,as defined
<br /> under RESPA,Lender shall natify Barro�ver as required by RESPA,and Borrovver shall pay ta Lender
<br /> the amount necessary to make up the shortage in accordance with RESPA,but in no m�re than�Z month�y
<br /> payments.If there is a deficiency af Funds held in escrvw, as def ned under RESPA,Lender shall notify
<br /> Borrower as requ�red by RESPA,and Barrower sha��pay to Lender the amount necessary to make u�
<br /> the deficiency in accordance with RESPA,but in n�more than 12 m�nthly payments.
<br /> Up�n�ayment in full af all sums secured by this Security Instrument,Lend�r shall promptly refund to
<br /> Borrower any Funds held by Lender.
<br /> 4.Charges; Liens.Borr�wer shall pay all taa�es,assessments,charges,fines,and impositions attr�butab�e
<br /> to the Property which can attain pr�ority over this Security Instrument, leaseh�ld�ayments�r ground
<br /> rents on the Property, �f any,and Commu�ity Association Dues,Fees, and Assessments, if any. To the
<br /> extent that these items are Escrow Items,Borrower shall pay them in the manner provided in Section 3.
<br /> Borrawer shai�prompt�y discharge any lien which has pr�ority o�er this Security Instrument un�ess
<br /> Borr�wer:(a�agrees in writing to the payment of the obligati�n secured by the Iien in a manner accepta.ble
<br /> to Lender,but only so�ong as Borr�wer is performing such agreement;�b}cantests the lien in g�od faith
<br /> �y, �r defends against enforcement of the lien in, legal proceedings which in Lender's opinian operate
<br /> 1378285D�9
<br /> NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIF�RM INSTRUMENT ^-- 0 1l�1
<br /> v�n� oa���
<br /> Wviters Kluwer Fir�ancial Services 2014'�'�2114.2.0.2944-J2�140429Y Initial � of'17
<br /> '`H L01378285Da9❑5�7 11�3*
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