|
!
<br />, ��14�755�
<br /> waive Borrower's obliga�ion to pay�o Lender Funds f�r any or al1 Escrow r�ems a�any time, Any such vvaiver may
<br /> only�e in wri�ing, In�he event of such waiver, Borrovver shall�ay direc�ly, when and where payab�e, the amoun�s
<br /> due for any Escrow I�ems far which paymen� oF Funds has been wai�ed by L-end�r and, if Lendex requ�res, sha11
<br /> furnish �o Lende�r xeceipts evidencing such payment within such�i�ne�eriod as I�ender ma�require. Borrower's
<br /> ob�zga�i�n �o make such payments and to pravide receipts sha11 fo�r aX� purposes be deemed�o be a covenan�and
<br /> agreemen�con�ained in�his Security Instiru�nen�, as the phrase "covenant and a�reement" is used in Sectitin 9: �f
<br /> Borrower is obl�gated to pa�Escr�w Item�directly, pursuan�to�.waiver, and B�rrawer fails to pay�he a�nount due
<br /> for ar�Escrow I�em, Lender may exerczse x�s rxgh�s under Section 9 and pa�such amount and Borrower sha1�then be
<br /> o�bliga�ed under Sectian 9�Q repay�o L�nde�r any such amoun�. Lender rnay re�ol�e�he waiver as�o any or a1I Escrow
<br /> I�ems a�any tixne by a notice given in accordance w��h Sectxan �4 and, upon such revocat�on, Borrovvex sha11 pay to
<br /> Lender a��Funds, and in such amounts, �hat are�hen requi�red unde�r this Sec�ion 3,
<br /> Lender may, at any time, collect and hold Funds in an amoun��a}suf�czent�a permi�Lender��app�y�he Funds
<br /> a�the time specif�ed under RESPA, and�b}not to e�ceed the max�mum amount a ler�der can require under R.ESPA.
<br /> Lender sha11 es�imate the a�aaount of Funds due on the basis of'curren�data and reasonable estiir�ates of expend�tures
<br /> of future Escrow r�e���s or otherwis�in accaxdance wi�h Applicable Law.
<br /> The Funds sha��b�held in an institu�ion u�hose deposits are insured by a federal agen�y, ins�ru�taentali�y, or
<br /> en�ity �including Lender, if Lender�s an insti�.ition vvhase deposi�s are so insL�red} or in any F edera� H ome Loan
<br /> Banl�, Lende�r shal�apply�he Funds��pay the Escr�w�tiems no la�er�han the time sp�e�fied under�ESPA, Lender
<br /> sha�l not charge BQrrower for ho�ding and applying�he Funds, annually ana�yz�ng�he escrow accaunt, or verifying
<br /> �h�Escrow I�e�ns, unless Lende�r pays Barrawer in�erest an th�Funds and Applicable Law permits Lender�a make
<br /> such a charge, Unless an agreexnent xs made in wri�ing or Applicable Law requires interest�o be paid on tihe Funds,
<br /> Lender shal�no�be required t�pay B�rrower any interest or earnings on�he Fund�. Borrav�rer and Lender can agree
<br /> in writxng, how�vex, thati in�erest shall be paid on the Funds. L�nder shall give to Borrflwer, wi�hou� charge, an
<br /> annua� account�ng of the Fund� as required hy RESPA,
<br /> �f�here is a surplus of Funds�e1d in�scr�w, as defined under RESPA, Len�ez sha11 account�o Borrov�rer for
<br /> �he excess funds in accordance v��th RESPA. Yf�here is a shortage of Funds he�d i�.escrow,as de�ned under RESPA,
<br /> Lender shall no�ify Borrovver as required by I�ESPA� and B�rrower sha11 pay to Lender�he amount necessary�o ma�e
<br /> up�he shor�age in acca�rdance v�ith RESPA, bu�in no more�han �2 mon��ly paymen�s. �f�here is a deficiency of
<br /> Funds held in�scxov�, as de�ined under RESPA, Lender sha��natxfy Borrower as required by RESPA, and Borrower
<br /> sha��pay��Lender�he an�oun�necessary�o maX�e up�he de�c�ency in acc�rdanee�vi�h RESPA, bu�in no more than
<br /> 12 manthly pay�nents. .
<br /> Upan�aymen��n fu11 of all su�ns secuxed by�h�s Securi�y Ins�rument, Lender sha11 proinp�ly refund�o Borrower
<br /> any Funds held by Lender.
<br /> 4. Charges;Liens. Borrowe�sha�1 pay aI1�axes, assEssments,charges,�nes, and impositions a��ribu�able to
<br /> the Property Which ca� attazn priaritiy a�er �his Securi�y 7nstrumen�, leaseho�d paytnen�s or graund ren�s on the
<br /> Praperty, if anyy ariC�COri7l�.7.Lln.I�A55�CI�.�;1DI7 DLi�Ss Fees, and Assessm�nts, if any. To the exten��ha��hese xtems �
<br /> are Escrow I�ems, Borrov�er sha1�pay�hem�n�he manner provid�d in Section 3,
<br /> Borrovver shall promptily disck�arge any lien whxch has priori�y�ver�his Security�ns�rumen�uniess Borrower; :
<br /> �a}agrees in Vvri�ing to the pay�a��en�of the�b�igation secured by the lien in a manner accepta�b�e ta Lender, but only
<br /> so long as Borrower is perfarm�ng suc� agreemen�; �b} can�ests �he l�en in good Fai�h by, or defends aga�nst
<br /> enforcement of the lien in, 1ega�pr�ceedings which in Lender's op�nion operate�o pre�enti i.he er�forcemen�of the lien
<br /> while�hose pr�ceedi�gs are pending, �u�anly untiil such proceedings a�e concluded; or�c�secures fro�n the holder
<br /> of �he lien an agreemen� sa�isfac�ory to Lender suboxdina��ng the lxen to this Security I�aSt�rumen�. �1` Lender
<br /> deter�nines tha�any part of�he Prope�rty�s subj ect to a���n which can attain priority aver th�s Security rns�rument,
<br /> Lender�llay give Barro�rer a notice identifying the��en. ��thin �D days of the dat�on which that no�xce is given,
<br /> BQ�r�wer shall satisfy�he lien ar tal�e one ar z�nore of the ac�xoxas set Fox�h a�ove ir�this Section 4.
<br /> Lender i��ay require B�irov�rer to pay a onc-timc charge for a real estate�ax verification andlor r�por�ing ser�ice
<br /> used by Lender in connection with�his Loan.
<br /> NEBRAS�tAWSingle Family�UNIF�RM INSTF:IJMENT ���M�g�� ,
<br /> M�DIFiED FC]R DEPARTMENT DF V�ERANS AFFAIRS - MERS www.doCmagic,com
<br /> �Rev. �1��} Page 5 �f �4 :
<br /> �'.�'� ilY.ti
<br /> �
<br /> � ■
<br /> ,• BANK o��o47oa4
<br /> `'�FM DEEL7 �4���26��3
<br />
|