��14�5��1
<br /> .��.zy application of pay�xz�n��, insu�azlce��o�eec�s, or Misce��aneot�s Proceec�s�o prit�cipal due und�r t�ie Note
<br /> shal�r�ot exter�d o�pos��ane 1:he due�.a�e, or c1la.nge�he a.tnounl;, flf��ze Period�c P�.yiner��s.
<br /> 3� Tunds for Escrow I�e�ns. Bnrrovver�ha11 pay to Lender o��t11�day Peria�ic Paymen��are due undet•�.��e
<br /> Nate, u���il�he Note is�aic�in fuZ1, a suin��he"FU11C�5�r� �a�ravic�e for paymen�of a�noL�r�ts du�fot•; �a�taxes
<br /> anc�assess�net��s a�ld o�11er i�e�ns v�h�ch car��.t�ain priar��y over t�ii� Securi�y r�s�ru��ze��t as �.1�e��.a�
<br /> e�cunll�razlce ox��he Pr�per�y; �b� �ease�lal�.pay�net��s ��grou�zc�retlts an���e Prope���y, if ar�y, �c}pre�ni�.����s
<br /> for a.��y and a11 insu�a�.ce req��i�ed�y Le�a.der t���der Sec�xa��5; anc��c��Mor�gage Z�asu�a�ce prei�t�zn�, if any,
<br /> ar any�u�ns paya��e by Barrovve�r�a Letic�er i�1�eu af tlze p�.yzne���af Mor�gage In�ura.�lce pre�r��.�ins i�1
<br /> accorc�a.nce wi���.�he prov'isrons of Section I�. T�Zese i�eir�s a��e c�.11ed"�sc�ovv Itet�ns." .At o�:ig�nati��.ar�.t
<br /> a.t1y tiine dur�ng�Ize te�t�oF�1z�Laar�, Lenc�er��zay require��a.�.�Cn�r�rnuni�y A�socia��a��.�3ues, Fees, and
<br /> Assesstnents, zf�.�zy, be escr�wed�y B�t•rower, anc��uch dues, f�es a�zc�assess�nen��shal�be a�Es�i aw
<br /> �t�in, B��rov�rer s�za11��o�np�ly fuirnis�l�o Le��.e�a11�lo�ices of atnau���s�o b��aid u�.der t�iis Sec�ian,
<br /> Bo�i�ower sh�Z�pay Ler�der��a.e Funds for Es�ra�v rtet�ns un�ess Lende�•waives Borrower's�ob�xga�ion�o��.y
<br /> �1��I't�n�s for any o�a�1 Esc��ow Iteills. Le�.c�er t��ay waive 13orrovver's ob�i�ati�on�o pay��Lender Funds for
<br /> a�a.y or a�l�scrow Ite�ns a�a��y tit�le. Any such vvaiver�nay o�1�y be i�wr�ting. I���l�e eve��of such wa�ver,
<br /> Lari oVver s�ia�1 pa��.i�eci:ly, wh��.a�c�w��ere payaUle, the�.�nou�r��s du�for a��y Escz�ow I�e1n� for w�.i�1z
<br /> �ay��nenti af Tunds I�as bee��wai�ec��y Le�l�e�a�.c�, il Lender�ec�uires, sha11 fut n�sh�o Lender�eceipts
<br /> evidenc��g such paytne��wz��a�n su���tirne per�oc�as Lende���nay require. Bort�ower's a�lig�.�io�.�o��na��e
<br /> suc�1 pay�ne��.�s ���d to p�ovid.e recei�ts s11a1� far�.II purposes be dee�ne�.�o b��.co�re��.an�a�c��.gree�ne�t
<br /> co�l�ainec������zis Security Instrulnenl;, as�he�hrase"cave��.a��ar�d ag�eemen�" is us�c�in Secti�n 9, Il
<br /> Bo�•r��ver �s abligated�o��.y E�crnw I�ezns c�irec�ly, pursua�z��o �.waxver, and Barrawer i'a.�1s���ay�h�
<br /> a�11o��1�du�fo�an�scrow I�ezn, Le�lder inay exercise i�s��ght�u�ldel� Se�tion 9 az1�.��.y such a.��ount and
<br /> Borrav�er s�a�l�hen be ob��ga�ed u�ld.er Sec�xon 9 f:o�e�ay�o Len�.et����.y such a�nou��. Let�der xnay�e�o1�e
<br /> �he vt��:��'ex�.s ta �ny or a��Eseraw ri�e�lls a�an�r�i�ne by a��a�ic�given��z�ccordance u�it��Sec�ia�. I5 a�c�,
<br /> t��ao�z such revocaf:i�n, }3a�t awer sha��pay�o Le1�c�er a��FuYzds, ��d zn suc�1 a�nou���s, t���.t are�he���e�uire�.
<br /> u��c�et•th�s S�c�ron 3.
<br /> Lenc�et•�nay, a.�a�zy tii��e, �o11ec�a�z�.lzald Func�s i�1 an a�noun��a} suff�cien��o per�ni�;Len�.���o a���y��e
<br /> Funds a��11e�z�ne specifiec�un�.er RESPA, anc��b}�a.o��o exceecl�he�r�axiint�rn axnout��a lender can�'equire
<br /> unde�RESPA, Le��der s11�.�� es�x�x��.�e�he an1oL����of I'unds a�ue o�.��ae b���s�F�u��rent data a.�ld�ea�ot�al��e
<br /> est��nates�f expendil:ures�f fu�L�re�scrnw I�eix�s or o�h�t•vvise iza.���ordance�v��h A��a1i�aUZe Lav�.
<br /> The�`u�1�s sh�.�l be held rn a�1�ns�ztution vvhose c�epo�its a�e insure�.by a feder�.1�gency, instru�nen�al�ty, or
<br /> entity(i�c�udir�g Le���.er, if Ler��.er is an i�s�itut�o�1 wk�ase c�eposi�s are so iizsured} ar i�any Fec�e�a��-3��ne
<br /> Lo�n�31��1�. Len�.er s11a.11 �pp�y�he Funds ta pay��Ze Escravv Ite�ns no�ater�:�Z�.n��le�it��e�peci�ed u�der
<br /> R�SPA, Le�a�c�er shal��o�:cha�ge]3orrower far ha��.irig and app�y�ng�1ze Fu�c�s, a�ually analyz�ng���e
<br /> escrow accour��, ar verify��a.g��ze E�cravv rt���ns, unless Le�c��r pay�Borrowe�����eres�:on���e Tu�c�s a:�ld
<br /> App1x��.��e Law perini�s L�n�.er�o����l�e st�ch a cl�arge. U�11ess an a.greetne���is�na.de in wri���a.g o�
<br /> Appl�cat�le Law t�equ�res���eres��a�e paic�o�z���e I`��t�ds, Letlder s1��11 t�o���rec�uirec��a pay Borrov�er a.ny
<br /> �a.1���es�o�� e�rnir�gs on�he Tuzzc�s. Borrovver a��.c�Lenc�er can agree ir�wri�:i�1g, ��.awever, �.ha��n�eres�s��al1 be
<br /> ��.��.o�:i;he I'u�a.ds, Le�lder s�za��gi�e to Borr�we�, ��t�zou�cha.rge, a���.��.z�a� �.ccou.���i�g oF�he Funds as
<br /> reqt�:ire�.�y R�SPA,
<br /> If���er�xs a.s��rplus nF Fu�1ds h���.���escrow, �s defined�i�der RESPA, Le��der s��a11 account to Bo�rower rar
<br /> �11e e�.cess fr.�nd�i�z accordat�ce w�th R�SPA. If t�1er�is �.shor��.ge of I'Lx�ds h�ld�n escrow, as c�ef��ec�.u�ldet•
<br /> RESPA, Le�.�.�r s17a.I1�otify I3orrawe��s�requ�re�.by RESPA, at1�.13ax rower s��al�pa.y to Letlder�he a�nouizt
<br /> necessa�y�a t1�a��e u�tlle shor�age it�acco��dazlce wi�1z R�SPA, bt��i�i��a tnot�e��aa.n ���nat��l�ly payx�len�s, �r
<br /> �here is a de�'i�i�ncy ol Ft�xzds 11e1d�r�escrow, as de�t�ec�u�der RESPA, Lenc�er sha11 no�:ify Bo���awe�r as
<br /> ��-��-��44��
<br /> N�BRASKA-Singfe Family-Fan�ie M ael�reddie M ac L1NI��Ri� 1NSTRUM�NT �arm 3D�8 �10�
<br /> VM P Q VM P6�N�}�13�2}
<br /> Wolters Kluw er Financiai 5ervices Page 5 of�7'
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