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. ��15��73�
<br /> may require.Borrower's obligation to make such payments and to pro�ide receipts sha�l for all purposes
<br /> be deemed to be a covenant and agreement�ontaine�l in th�s Security Instrum�nt,as the phrase"covenant
<br /> and agreement" is used in Section 9.If Borr�v�rer is obligated ta pay Escrow Items direct�y,pursuant to
<br /> a waiver, and Borrow�r fai��to pay the amvunt due far an Escrow Item, Lender may exer�ise its rYghts
<br /> under Sect�on 9 and pay such a.mount and Borrower shall then be obligat�d under Sect�on 9 to repay to
<br /> Lender any such amount.Lender may revoke the vwai�er as ta any or all Escraw Items at any ti�ne by a
<br /> notice given in accordance with Section 15 and,upon such r��o�atian,Barrawer shall pay to Lender ail
<br /> Funds, and in such amounts,that are then required under this Section 3. :
<br /> Lender may,at any time,collect and hold Funds in an amount�a} suff'icient to permit Lender ta apply
<br /> the Funds at the time specified under RESPA,and�b�nat to exceed the maxi_mum amount a lender can
<br /> requ�r�under R�SPA.Lender shall estimate the amount of Funds due�n the basis of current data and
<br /> reasonable est�mates of expenditures of futur�Escravv Items or otherwise�n acc�rdance with Applicable
<br /> Lavv.
<br /> The Funds shall�be held in a.n institution whos�deposits are insured�y a federa.i agency,instrumenta.lity,
<br /> or entity�including Lender, if Lender is an institution whvse depos�ts axe so insured�or in a�y Federal
<br /> Hom�Loan Bank.Lender shall apply the Funds to pay the Es�rvw Items n�later than the time spe�ified
<br /> under RESPA.Lender shall not�harge Borrower for ho�ding and applying the Funds,annually ana�yzing
<br /> th��scrow acc�unt, or�erifying the Escraw Items,unless Lender pays Borr,ower interest on the Funds
<br /> and App�icable Lavv perrnits Lender to make such a charge.Un�ess an agreement is made in writing or
<br /> Appl�cable Law requires interest to be paid an the Funds,Lender sha11 not be required to pay Borrower
<br /> any interest or earn�ngs on the Fu�ds.Borrow�r and Lender can agree in writ��g,however,that interest
<br /> sha11 be paid'on the Funds.Lender shall g�ve to Borrower,w�thaut charge,an annual accounting of the
<br /> Funds as required by RESPA. �
<br /> �f there is a surplus�f Funds held�n escraw,as defined under RESPA,Lender shal�account to Borrower
<br /> for the excess funds in accordance with RESPA.If ther�is a shortage of Funds held�n escrow,as def�ned
<br /> under RESPA, Lend�r shal�notify Borrower as requ�red by RESPA,and Borrower shall pay to Lender
<br /> the amount necessary to ma.ke up the shortage in�accardance w�th RESPA,but in no more than 1�monthly
<br /> payments.If there is a deficiency of Funds held in escrow,as defined under RESPA,Lender shall notify
<br /> Barrower as requ�red by RESPA,and Borrower shall pay to Lender the amount necessary to make up
<br /> th�deficiency in accordan�e with RESPA,but in no mare than �2 monthly payments.
<br /> Upon payment in full of all sums secured by this Security Instrument,Lender'shall prompt�y refund to
<br /> Barrower any Funds he�d by Lender. .
<br /> 4.Charge�; Lie�s.Bvrrower sha.�l pay all taxes,assessments,charges,f�nes,and impositions attributa.ble
<br /> to the Property which can attain priority o�er this Security Instrument, Ieasehold payments�r ground
<br /> rents on the Property, if any,and�ommunity Assoc�ati�n Du�s,Fees,a.nd Assessments, if any. To the
<br /> extent that these items are Escraw Items,Bvrrower shall pay them in the manner pro�ided in Section 3.
<br /> Borrovver shal�pr�mptiy discharge any lien wh�ch has priority over this Security Instrument unless -
<br /> Borrower:(a}agrees in writing to the payment of the�bligatian secured by the lien in a manner accepta.ble
<br /> to Lender,but only so�ong as Borrower is performing such agreement;�b}cont�sts the lien in good faith
<br /> by, or defends against enfarcement of the�ien in, 1egal proceedings v�hich in Lender's�pinion aperate
<br /> , ����l, � 148fi789�30
<br /> NEBRASK►A-Single Family-Fannie MaelFroeddie Mac LINIFQRM INSTRLIMENT �� Fvrm 3�28 11�1
<br /> VM P� ��/ �2114
<br /> IMalters Kluwer Financial Ser�ices 2�15012894.2.�.2944�12014�4Z9Y Initials: d Page 5 of 17
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