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<br /> Any app��ca�ion of payments, insurance praceeds, or Misce��aneous Prac�eds to przn��pal due under the No�e
<br /> shal� not extend or pos�pone the due date, or change�he am�unt, of the Per�odic Fa�ments.
<br /> 3. Funds for�scrow I�emS. B�rrower sha11 pay to Lender on�he da� Periadic Paymen�s are due under the
<br /> Nate, un�ii the No�e �s paid in fu�l, a sum�the "Funds"}to pro�ide for payment of an�.ounts due for: �a�taxes
<br /> and ass�ssments and�ther�tems which can attain pri�rity over�h�s Securi�y �ns�rument as a lien or
<br /> �ncumbrance on�he Property; �h� �easehold paym�nts�r ground r�nts on�he Prnperty, if any; �c}premiums
<br /> for any and a11 �nsuran.�e required�y Lender under Sec�i�n 5; and�d} Mor�gage Insurance premiurr�s, if any,
<br /> or any sums payab�e by Borravver�o Lender�n l�eu of�he payment of Mortgage�nsurance premiums in
<br /> accordance w�th th�pr��is�ons of Sec�ion 10. The�e item�are cal�ed "Escrow �t�ms." At ariginat�on or at
<br /> any time dur�ng t�.e term of th�Loan, Lender ma�requ�re tha�C�m�.un�ty Assvciat�on Dues, Fees, and
<br /> Assessmen�s, �f any, �e escrov�ed�y Borrower, and such dues, fees and assessm�nts shai�be an Escro�
<br /> Item. Borrovver shall promptly furnish to Lender a��not�ces�f amaunts to be pa�d und�r�his Sect�on.
<br /> Borr�v�rer shall pay Lend�r the Funds for�scrovv ��ems unless Lender wa��es Barrower's ob��gation ta pay
<br /> �he Funds for any or a11 Es�rov� I�ems. L.tnder may wai�e Borrower's abligation to pa�r�o Lender�unds far
<br /> any ar a11 Es�row ��erns at any t�me. Any such wai�er may on��be�n writing. In the e�rent of�uch waiv�r,
<br /> Borrov�er shall pay d�rectly, when and where payable, the amaunts due far an� Escrow �tem� fflr v�rhich
<br /> payment of Funds ha�been waiv�d by L.ender and, ��Lender requires, sha�� furn�sh to Lender rec��pts
<br /> e�r�denc��g such payment wi�hin such t�me periad as L.ender may require. Borr��er's ob�iga�xan to make
<br /> such paymen�s and to pr��id�r�ceipts sha�i for a1i purposes be deemed to be a co�enant and agreement
<br /> c�ntained in�his Secur��y �nstrument, as the phrase "cnvenan�and agreenZent" �s used in Sectian 9. If
<br /> Borrov�►�er is ob�igated�o pay Escravv �tems direct�y, pursuant to a waiver, and Borrov�er fai�s to pay�he
<br /> amount due f�r an Es�row Item, Lender may�xerc�se its righ�s under S�c�ion 9 and pay such amoun�and
<br /> Borrow�r shall t�.en be����ga�ed under Section 9 to r�pay to L.ender any such amaun�. Lender�rnay re�oke
<br /> the waiver as to any or a�� Escrow �tems at any t�me by a no��ce gi�en�n accflrdance�vith Sect�on �5 and,
<br /> upon such r�voGat�on, Borrovver shall pay�o Lender a�� Funds, and in such amounts, �hat ar��hen required
<br /> under�his Sectian 3.
<br /> Lender may, a�an�t�me, collect and hold Funds in an a�mflun� �a� suf#ici�n�to perm�.t Lender to apply the
<br /> Fund� a��he time specif�e�under R�SPA, and �b}no� to exc�ed th�maximum amoun�a lender�an require
<br /> under RESPA. Lender shall est�m�a�e�he amount of F�nds due an t�e bas�s of curren�data and r�asonable
<br /> es�ima����f e�penditures of future Escrow ��ems ar a�herwise in accordan�e w�th Applicab�e Law.
<br /> Th� Funds sha�l be h��d �n an�ns�itution vvhose depos�ts are�nsured by a fed�ra� agenc�, �nstrumen�a��ty, or
<br /> �ntit��including I�nder, if L,�nder�s an�ns���uti�n`uhose depos��s are so insured} or in any Federa� �om�
<br /> LQan Bank. L.�nder sha11 apply�he Funds ta pay the E��row I�ems na la�er�han the�ime specified under
<br /> RESPA. I..end�r sha11 not charg�Borrower for holding and app��ing th�Funds, annua��y anal�zing�he
<br /> es�ro�r ac�oun�, �r�erifying the Escr�u� I�ems, unless Lender pays Borrower interes�on the Funds and
<br /> Appli�ab�e Law perm�i�s Lend�r ta ma�e such a charge. Unless an agreemen�is made in writing�r
<br /> App�icab�e Lav�a re�uires in��res��a be paid on the Funds, Lender shall no�be re�uired to pay B�rrower any
<br /> �nterest or earnings�n�he Funds. Barrower and L�nder can agree in wri�ing, howe�er, that in�erest sha��be
<br /> paid on the Funds. L�nder sha��g��e tn Borrower, withou�charge, an annual accounting of�he�unds as
<br /> required by RESPA.
<br /> �f there�s a surp�us of Funds held �n escraw, as de�ined under RESPA, Lender shall a�count to Borrvwer for
<br /> �he excess funds in accordance v��th RESPA, If�here is a shar�age of Funds held �n escr�w, as defined und�r
<br /> RESPA, Lender sha��not�fy Barr�wer as required�y RESPA, and Borrovver sha11 pay to Lender�he amount
<br /> n�cessary to make up the shor�age in accordance with RESPA, but�n no more than 12 mon�hl�paym�n�s. �f
<br /> there�s a de�icienc��f Funds h�ld in�scrovv, as de�ne�und�r RESPA, Lend�r shail notif� Borrower as
<br /> NEBRASKA-Singf�Farnily-Fanni�Mael�red�ie Mac UNIFORM iNSTRUM�NT �orrn 3028 11�1
<br /> VMP Q VMP6fNE�f�3�27
<br /> Wolters Kluwer Financial 5er�ices Page 5 vf'�7
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