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<br /> ��14�7�31
<br /> Any app��catian of payments, insuran.ce proceeds, or Misce�aneous Proceeds ta principal due un�er the Note
<br /> shall n�t e��tend or�ostpane the due date, or change the a�moux�t, of the Periodic Payments. �
<br /> 3. �un�is f�r Escrow I���.s. Barrower shall pay ta Lender on the day Periodic Payments are due u.nder the �
<br /> Note,unti�the Note is paid in full, a sum�the "Funds"�to�ravide far payment of amounts�.ue for: �a�ta�:es
<br /> and assessrne�ts and other xtems which can attain priority�ver this Security Instn�ment as a lie�or
<br /> encumbrance on the Praperty; (�a� Ieasehold payments or graun�rents an the Property, i.f any; �c}p�emiums
<br /> f�r any and all insuran�e re�uired�ay Lender under Section 5; a���d�Mar�gage Insurance prem�ums, i�any,
<br /> or any sums payable by B�rrawer to Lender in lieu of the payment af Mar�gage Insurance premiu�s�n
<br /> accordance tivrth the provisions�f Sect�on l�. T�ese items are cal�ed'�Escraw Items." At originat�a�ar at
<br /> any t�me d�r�.ng the term of th�Loar�..,Lender may require that Cammunit�Associat�on I7ues,Fees, and
<br /> Assessme�.ts, if any,��escrowed by Borrower, and such dues,fees and assessments shall be an.Escrow
<br /> Itex�. �3orro�er shall promp#ly fi�.zzxish to Len�ier a11 not�ces of amounts to be paid under this Section.
<br /> Borrower shall pay Lender the Funds f�r Escraw Items unless Lender waives Borrotiver's obiigat�o�to pay
<br /> the Funds for axxy or all Escrow Items. Lender may tivaive Borrower's obligation to pay to Lender Funds for �'
<br /> a.�y or all Escrow Items at any time. Any such tivaiver may only be�n writing. In the event of such waiver,
<br /> Bflrrpvver Shall pay dir�Ctly,tivhen anc��vhere payable,the amounts due for any Escrow Items f�r vtrhich
<br /> paymer�t of Funds has be�n waived b�Lender and, if Lender requires, sl�all furnish to Lender receipts
<br /> eviden��ng such payment�ithin such time period as Lender ma.y require. Borrawer's�bl�gation ta ma1�e
<br /> su�h payr�xents and to pr�vide receipts shall for all�urposes be deem�d to be a cavenaza.t and agreement
<br /> cantainec��n this Security Instn�ment, as the phras� "covenan.t and agreement" is used xn Section 9. If
<br /> Borrower is ob��gated to pay Escraw Items clirectiy,pursuant to a tivaiver, and Borrower fai�s to pay the
<br /> a_mount due for an Escra�v Item,Lender may exerc�se its rights under Section 9 and pay such amvunt and
<br /> Borrower shall then be abligated under Sect�or�9 to repay to Lender any such a_mount. Lender may revol�e
<br /> the waiver as to any or all Escrow Items at any#i�x�.e by a notice given in accordance with Section 15 an�.,
<br /> upon suc�i rev�cation,Barrower shall pay ta Lender all Funds, and in such am�unts,th�at are then requxred
<br /> un�.e�this Sect�.an 3.
<br /> Lender may, at any t�me, ca��ect and hold Fux�ds ix�.an amvu�t�a� sazf�xcxe�.t to permit Lender to apply the
<br /> Funds at th��in�e specif'�ed under 1�E SPA, and�b}not ta exceed the ma��imum amount a�ender can re�uxre
<br /> under�ESPA.Lender sha11 estimate the amount of Funds due on the basis af current�.ata and reasona.ble
<br /> es�imates af e�rpenditures of future JEscrow Items or�therwise in a�c�rdance with Applicable Lau�.
<br /> The Funds sha���e held in an insti.tut�on whose deposits are�nsured by a federal agency, ' ental�ty, or
<br /> entity (inci�.ding Lender, if Lender is an�nst�i.ution whose depasits are s�insured� ar�n any Federai Hame �
<br /> Loan�3ank.Len�er shall apply the Funds t�pa�the Escrow Items no �ater t�n�e time specif'xed under
<br /> RESPA.Lender shal�.n�t ch�rge Barrower for holding and appiying the Funds, annually anal�zing the
<br /> escrow account, or verifying the Escro�v Items,unless Lender�ays Borrotive�interest on the Funds and ,
<br /> Applicabie Lativ permits Lender to make such a charge. Un�ess an agreement xs ma.de�n writ�ng Qr
<br /> Applicable La�requires interest to be paid on the Fun�.s,Lender s�a.�.�nat he required to pay Borrov�er ar�y �
<br /> a�terest or eanungs on the Funds. Borrovver and Lender can agree in v�riting, hou�ever,th�,t interest shall be �
<br /> paid on�lie Funds. Lender shal�give to B�rrvwer,without�harge, an annual accounting of the Funds as '
<br /> require�by�ESPA.
<br /> If there is a swrpl.us of Funds hel�.in escr�w, as define�.under RESPA,Lender sha�l.account to Bvrrower�or
<br /> the��cess funds xn accordance w�th RESPA. If there�s a sh�r�age of Funds heXd in escrow, as defined un�er
<br /> RESPA,Lender shall na�fy Barrar�er as required�y RESPA, and Borrovver shall pay to Lender the amount
<br /> necessary to ma�e up the shor�age in a��ordance tivith RESPA,but in no mare tban 12 m�nthl�pay�r�.ents. If
<br /> there is a deficiency vf Funds hel.d i�escrow, as defined under RESPA,Lencler sha11 notify Borrower as
<br /> NEBRASKA-5in�1e Family-Fannie MaelFreddie Mac UN6F�RM 1NSTRUMENT Form 3028 110'1
<br /> VMP C� VMPB[NE][�E 302}.QO
<br /> Wo[ters K6uwer Financial Services Page 5 of'I?"
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