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<br /> Any application of paymen�s, insuran�e proc�eds, or Niisce�laneous Proc�eds to princ�pa� due under the Note
<br /> shail nat extend or pas�p�ne th�due date, �r change t�e amount, af the P�r�odi� Payments.
<br /> 3. Funds for Escrow Items. B�rrower shall pay t� L�nder on�he day Periodic Paymen�s are due under the
<br /> Nate, unti��h�Note is pa�d in fu�l, a sum�the "Funds"}to pra�ide for paymen�flf amoun�s du�for: �a} �axes
<br /> and assessments and ather�tems which can attain pri�rity o�er th�s Se�ur�ty �nstrument as a Iien�r
<br /> encumbrance on�he Proper��; �b} leasehold pa�ments ar ground rents an the Property, if any; ��}prem�ums
<br /> for any and a�1 insurance requ�r�d b�r L�nder under Se��ion S; and��i} Mor�gage �nsurance premiUrn�, if any,
<br /> or an�sums�ayable by Borrower�o Lender�n�ieu of the pa�ment of M�r�gag� �nsurance premiums in
<br /> accordan�e w�th the pr�v�sions of Section 1�. These items are ca��ed "Escrow Items." A�or�gina�i�n or at
<br /> any time during the term of the Laan, Lender may r�qu�re tha�Commun�ty Association Du�s, Fe�s, and
<br /> Assessments, �f any, be escrov�red by Borr�wer, and such dues, fees and assessments shail be an Escrow
<br /> �tem. Borrower shall pr�mptly furnish to Lender all no�ices of amaunts�o be pa�d under th�s Sect�an.
<br /> Barrower sha�l pay L.ender the Funds for Escrov� �tem�un�ess L.ender wa��es Borrawer's obligat�on to pay
<br /> the Funds far any or aI� Escrflw Ztems, Lender rnay v�a�ve Borr�wer's ob��ga�ian�o pay�o Lender Funds far
<br /> an�or a�� Escrow ��ems at any tizxae. Any such wai�er may on�y be in writing. �n�e e�ent of such vvaiv�r,
<br /> Borrower shal�pay directly, v�hen and�rhere payab�e, �he amoun�s due far an� Escrovv �tems for v�rhich
<br /> payment of Funds�as been waived b� I.ender and, if Lender requ�res, shal� furnish�o I..�nder rec��pts
<br /> evidencing such payment w��hin such t�me period as I.�nder may require. Borrower's�bl�gation ta mak�
<br /> such payments and to pro�id�rece�pts shal� for a�l purposes be deemed to be a ca�enant and agreernen�
<br /> con�a�ned in�his Secur�ty �nstrumen�, as the phrase "c��enan�and agreement" is used in Sec�xon 9. �f
<br /> Barrowe�is obligated to pay Escraw Items directiy, pursuan��� a v�a�ver, and Borrower fa�l�t�pay�he
<br /> amount due for an Escrow ��em, Lender ma�exerc�se ��s righ�s under S��t�on 9 and pay such amnunt and
<br /> Borrower sha�1 then be obiigated under Section 9�o repa�r to Lender any such amoun�. Lender may re�oke
<br /> �he vva�ver as to any or ali Escrow �tems a�any time b� a notice gi�en in acc�rdanc��vi�h Section 15 and,
<br /> up�n such r��ocatzan, Barr�wer shall pa���L.ender a�l Fu�ds, and in such amaunts, that are then required
<br /> under�his Se�t�on 3.
<br /> r.,.ender may, a�an��ime, co�lec�and h��d Funds in an amount�a} suff�cient�o perrn�.t Lender to app�y the
<br /> Funds a��he txme specif�ed under RESPA, and�b} n�t�o exce�d the n�a�irnum am�unt a��nder can require
<br /> under RE�PA. Lender shall es�imate�he amount of Funds du�on the bas�s of curren�da�a and reasonabl�
<br /> es�ima�es of e�penditures of fu�ure�scravv I�ems ar o�herwise in acc�rdance wxth Applicable Law.
<br /> The Funds sha��be held��an ins�itutian whose deposi�s are insured�y a federal agency, instrumen�ali�y, or
<br /> en�i�y �inciuding Lender, if Lender is an ins�itut��n v�hose deposi�s ar�so insured}or in an��edera� H�me
<br /> Loan Bank. Lender shal� app�y the Funds t�pay�h�Escrav� Items na la�er�han the t�me spe.�ified und�r
<br /> RESPA. Lender sha�l not�harge Borrower for h��dXng and app�ying the Funds, annua��� analyzing the
<br /> escrow ac�ount, or v�rifying the Escrow ��em�s, unless Lender pays Bnrrow�r�nteres��n th.e Funds and
<br /> Applica��e Law permits Lender to make such a charge. Unless an agreement�s mad�in v�rit�ng vr
<br /> Appiica��e Law requires �n�erest��be paid on�he Funds, Lender sha�� n��be required to pay Borrov�er any
<br /> interes�or earnings an the Funds. �3arrower and L�nder can agree in wri�ing, how�ver, tha�in�eres�sha�l he
<br /> paid on�he Funds. Lender sha�� giv��a Borrflv�er, v�i�haut charge, an annua� account�ng of the Funds as
<br /> required by RESPA.
<br /> �f�h�re �s a surp�us af Funds held in escro�u, as defined under RESPA, Lender shall account to Barrower for
<br /> the e�cess funds in acc�rdance w�th RE�PA. �f�here is a shor�age of Funds held in escrow, as de�ned under
<br /> RESPA, L�nder sha�l notify Borr�vWer as required by RESPA, and�orrov�er sha��pay to I..�nder�he amount
<br /> necessary �o make up�he shor�age�n aGcardan�e with RESPA, but �n no mare�han 12 mon�h�y payments. �f
<br /> �here�s a def�cien�y of Funds he�d �n escrov�, as defined under RESPA, Lend�r sha��not�fy Borrower as
<br /> N�BRASKA-5ir�g�e Family-�anni�Mael�reddie Mac UNIFORM INSTRUMENT Farm 3�28 11��
<br /> VMP�} VMPfi�NE}t9 302}
<br /> Wvlters Klt�w�r�ir�ancia!5e��ices Page 5 of'!7
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