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<br /> Any appli�ati on vf paym�nnts, insurance proceeds, or Mi scellaneous Praceeds to principal due under the Note
<br /> sha�l nat extend�r�os�pone the due date, or change the amau�t, of the Periodic Payrne�nts.
<br /> 3. �nds for Escrow Items. Borrvwe�r shall pay�v L�nc�er an the day Periodi�Paymen.ts are due und�r the
<br /> Note, until the Nvte is pai�l xn full, a�urn(the"Funds")tv provide fvr payme�t of amounts due for: �a)taxes
<br /> �7.C��SS�3�I17�ItS�1���l�i'1t�IY]3 W�71C�I C�I R�lt]pY]�I7t'y'dY�T�115 SOCLu'1� ent as a l�en or
<br /> .
<br /> e�cum�rance fln the Property� [b)leasehold payme�n.ts or ground rents on the Prop�rxy, �f any, ��}Pre�m�ums
<br /> for any aald aIl insuran�e required by L�nder under Section 5; and�d)M�rtgage Insurance pre�miums, if any,
<br /> or any sums payable by Borrower to Lender in lieu of the payment of Mortgage Ir�surar�c�pY'emiums in
<br /> accord.ance with the provisions of 5ection 1D. These ite�ms are cal.led"Escrov�Items." At origination or at
<br /> an t�me during the term vf the Loan, Le�r�der may require that�ammunity Assaciati�n Dues, Fees, and
<br /> y
<br /> Assessme�nts, if atiy, be escrflwed by Borrvwer, auld such dues, fees aud a.ssessments shall be an Escrow
<br /> Ite�m. Borr�wer shall pramptly furn�sh to Le�ncier all notices of amounts to be paud under this Sectian.
<br /> BvrrvweT shall pay Lender the Funds for Escrow Items unless Lender waives Borrow�r's obligation to pay
<br /> the Funds for auy or all Escr�w Ite�ms. Le�►der may waive Borr�w�r's�hligati�n to pay ta Le�nder Funds far
<br /> an or all Escrvw Ite�ms at any time. .Any such wa�iye�'maY anly be in wri#ing. In the eve�nt of such waiver,
<br /> y
<br /> Barrower shal.l�ay directly, when and where payable, �he amflutats du�f�r any Escr�w Items for which
<br /> a �nnt vf Funds has 1�een waiv�d by L�nder and, if Lender requires, shall furn�sh tv Lender receipts
<br /> P Y�
<br /> ev�dencin such payment within sucb time per�iod as Lendex'may requir�. Barrower's abiigaxi�n tn make
<br /> �
<br /> su�h payrnents and to provi de receipts shall fvr a�I purposes be deemed tv 1�e a cove°�ant and agxeement
<br /> contained in thi s Security Instcume�nt, as the phra�e"covenant an�i agreement" is used in Section 9. If
<br /> Borrower is obligated tv pay Escraw Items direc�l.y, pu�'suant to a waiver, and Barr�wer fails to pay the
<br /> amount due for an Escrow Item, Lenc�r may exercise its rights under Sectian 9 and gay such am�unt and
<br /> Borrower sha11 th�n be nbli�ated under Section 9�o repay to Le�der any such amount. L�nd�r xnay revoke
<br /> the waiver as to an or a�l Escrvw Ite�ms at any time by a notice give�in accordance with Sectiun �5 a�d,
<br /> Y
<br /> u vn such revoca�ivn, Borrov�er sha11 pay to Le�n�l�r a11 Funds, and in such amvunts, that ar�then required
<br /> �
<br /> under this Se�tion 3.
<br /> L.ender ma at ar� time, collect and hold Funds in an armouxit�a}sufficie�nt to permit Lender to apply t�ie
<br /> Y� Y
<br /> Funds at the time s ified under RESPA, a�ad[b)not to exceed th�maximum amount a�ender r,an require
<br /> �
<br /> under RESPA. Le�►der sha�l estimate the amvunt of Funds due vn thhe basis of curre�t data and reasonable
<br /> estima.tes of expenditures of futu�re Es�row Ite�ms or otherwise in accordance with A.Pplicable Law.
<br /> The Funds shall be he�d�n an instituti�n whose deposits are insured by a feder�al age�ncy, i�nst�-u�meritali#y, ar
<br /> enti includin L�nd�r, if Le�nde�'is an ir�stitution whose depvsits are su insu�'�d)or in any Federal H�me
<br /> rY t �
<br /> Loan Bank. Le�n�er shall apply the Funds tv pay th�Escrow Ite�ms na later than the time s�ecified unde2'
<br /> RESPA. Le�nder sh.all no�charge Borrvwer for holding and applyin��h�Funds, annually analyzi.ng tihe
<br /> escrow accou�nt, vr veri 'n.g the Escrov�r Items, unless L�nder pays Borrower inter�st on the Funds and
<br /> � . .
<br /> A licable Law peTmits I.�der to�nake such a charge. Unless an agre�e�me�t is macie�n w�`xting or
<br /> PP
<br /> A licable Law requires interest to be paid on the Funds, Lende�r shall not be required to pay Borrower auy
<br /> FP
<br /> interest or earnin s on the Funds. Borrov�ear ax��l L�nder ean agz'ee in writing, hawever, tb.at interest sha1�be
<br /> �
<br /> P
<br /> aid on the F�nds. L�nder sha�l give to Barrow�r, w�thout charge, an a�uaual a�ccount�n�of the Fun�ls as
<br /> required by RESPA.
<br /> If there is a s lu.s of Funds held in escr�w, as de�ined unde7'RESPA, Lender shall ac�vr�nt tv Borrvwer for
<br /> �
<br /> the excess funds in accordance with RESPA- If ther�is a shortage of Funds held in escr�w, as de�ined undel'
<br /> RESPA, Lend�r shall nvtify Borrowex'as required by RESPA, and Borrower sha11 pay to Lender the amount
<br /> neces to muake u the shartage in accvrdanGe witb RESPA, but in no more th�x� 12 monthly payments. If
<br /> � �
<br /> there is a deficiency of Funds beld in escrow, as defined under RESPA, Lendex'shall notify Borrowex'as
<br /> 23fl4353487 D VBNE
<br /> N�BRASKA-S+ngle Famity-�annie M�elFredd'+e MaC UNIFQRM IN5TRl1MENT Fvrm 3U28 11�1
<br /> VMP[� VMPB�NEf t13DZ]
<br /> WoFkars Kluwer Financial 5en►ir,es P�pe 5 ai 17
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