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��14�75�5
<br /> Any app��cation af paym�n�s, insurance proceeds, or M�sce�laneaus Pr�ceeds�o principai due under�he Note
<br /> shall no�e��end or p�stpone the due da�e, or�hang��he amount, flf the P�ri�diG Paymen�s.
<br /> 3. FundS for�s�rov�v I�ems. Bflrrov�aer shail pay�o L�nder on the da� Periodic Paymen�s are due under�he
<br /> Note, until �he Note is paid �n full, a sum(the "Funds"} ��provide for pa�ment of amoun�s due f�r: �a} taxes
<br /> and a�sessmen�s and other i�exzZs which can at�ain pr�or����ver this Seeurity Instrument as a lien�r
<br /> encu�mbrance on the Froper�y; �b} Ieaseho�d payments or graund rents on�he Proper�y, if an�; �c}pr�miums
<br /> f�r an� and a11 insuranc�required by Lender under�ec��an 5; and �d} Mnr��age�nsuran��premiums, if any,
<br /> or any sums pa�able b�Borr�wer to Lender in�ieu o�the payment�f Mar�ga�e Insuran�e prem�ums in
<br /> a�cordance�ith�he pro�is��ns of Sect�on 14. Thes�i�ems are cal�ed "Escrow �tem�." At�r��ination or a�
<br /> an�r�im��uring the term of the Loan, L.ender may require that Com.muni��As�oc�a�ion Dues, Fees, and
<br /> Assessments, �t'any, be escrov�ed�y Borrower, and such dues, fees and assessmen�s shal� be an Escrov5r
<br /> ��em. Borrower shall promp���furn�sh to L�nder a11 not�ces of am�un�s to be paid under�h�s Sec�i�n.
<br /> Borr�wer shal�pa�r Lender�he Funds for Escrow �tems un�ess Lender waives Borrower's a��i�a�ion to pay
<br /> the Funds for any or all Escrov�r �tems. L.�nder ma�v�aive Bnrrower's ob�xgatian to pay to Lender Funds far
<br /> any or a11 Escrow Items a�an���me. Any such waiv�r may on��r be in writing. In�he e�en�o�such wai�er,
<br /> Borrnwer shall pa��irec���, when and where payab�e, �he amoun�s due for any Escraw �tems for which
<br /> pa�xnent of Funds�.as been wa��ed by Lend�r and, if Lender requires, sha�I furn�sh to Lender reGeip��
<br /> evidencing such pay�nent w�th�n such�ime per�tid as Lender may requir�. Borrower's obligat�on to make
<br /> such paymen�s and�o provide receip�s shall for a��pu�rpos�s be deemed to be a cov�nan�and agreement
<br /> c�nta�ned in�his Security�ns�rumen�, as the phrase "covenant and agreemen�" is used�n Sec�ion 9. If
<br /> Borrower is�bligated t�pay �scrow ��ems directly, pursuant�o a wa��er, and Borrower fai�s�o pay the
<br /> amoun�due fnr an Escrow Item, Lender may e�er�ise�ts righ�s under Sect�on 9 and pay such amount and
<br /> Borrower sha���hen be ab���a�ed under Sect�fln 9�o repa�to Lender any such am�unt. L.end�r may re��ke
<br /> the wai�er as to any or al� Escrow I�en1s at an�r��me by a natice given in a�cordan�e with Section �5 and,
<br /> upon such re�a�a�ion, Barrovver sha11 pay�� Lender ai� Funds, and�n such am�un�s, �hat are�hen requ�red
<br /> under thzs Se���on 3.
<br /> Lend�r may, a�any time, coiiec�and hold Funds �n an amoun��a} sufticien�to permit Lend�r�o apply the
<br /> Funds at the t�me specified under RESPA, and �b} not to exceed th�maximunn.amaunt a�ender can require
<br /> under RESPA. Lender shall es�ima���he amount of Funds due on the bas�s of current data and reasnnab�e
<br /> es�imates of expend�tures of future Escrovv �t�ms or otherwise�n accordance with Appii�able Law.
<br /> The Funds sha�l be h�ld in an�nsti�ut�on whose deposits are insured�y a federai ag�ncy, in�trumentality, �r
<br /> ent�ty ��ncluding Lender, if Lender�s an inst��ut�on whose depos��s are so insur�d}or in any Federa� �i�me
<br /> Laan Bank. Lend�r sha�� app���he Funds to pay the Escro�r ��ems no la�er than the�ime spe�ified under
<br /> RESPA. I�nder shall na�charge Borrower far h�lding and app�ying the Funds, annuall� ana�yzing the
<br /> escrov�r account, or verify�ng the Escrow I�ems, un�ess Lender pays Borr��er interest an the Funds and
<br /> Applicab�e Law permits Lender to make such a charge. IJn�ess an agreemen� is made in writing or
<br /> Appli�abie Law requ�res interest to be paid on�he Funds, Lender shali no�be requ�r�d t�pay Borrov�rer any
<br /> zn�erest or earn�ngs on the Funds. Borr�wer and Lender can agree in wri�ing, how�ver, �hat in�er�s�shall be
<br /> pa�d on�he Funds. Lender sha��give to Borrower, wi�hou�charge, an annual acc�un��ng of�he�unds a�
<br /> required�y RESPA.
<br /> �f there�s a surp�us of Funds h�id in escrow, as defined under RESPA, Lender sha�l accoun��a Borrov�er for
<br /> the excess funds in accflrdanc�with R�SPA. If�here is a shor�ag�af Funds he�d in escraw, as defined und�r
<br /> RESPA, Lender shall not�fy Borrower as required by RESPA, and Borrower sha��pay t� Lender�he amoun�
<br /> n�cessary to make up�he shnrtage�n a�cardance with RESPA, hut in no mare�han 1.2 mon�h�y pa�men�s. �f
<br /> �here�s a defic�ency of Funds he�d in escrow, as defined und�r R�SPA, Lender shall notif}� Barrawer as
<br /> NESRASKA-Single�amiiy-�ann+e Mael�reddie Mac UNIF�RM lNSTRUM�NT Farrn 3028 1!�1
<br /> VMP� VMPfi{NEf�1302)
<br /> Walters 141uwer�inanciat 5er�ices Page 5 a'f i 7
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