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��15��SSS
<br /> Any applicati�n of pa�men�s, insurance proceeds, or N��scellaneous Proceeds to pr�ncipa� due under th� No�e
<br /> shall nflt�xtend or postpone the due da�e, or change the amoun�, of�he Period�� Payments.
<br /> 3. Funds for Escrow Items, Borrower shaii pay�a I.ender on the day Periad�e Payment�are due under�he
<br /> N�te, until the No�e is paid in ful�, a sum�the "Funds"3 to pro�ide for paymen�af amounts due for: �a} �axes
<br /> and assessm�nts and oth�r items v�rh�ch can att�iri pri�r�t��v��tY�is Se�u�'�ty Ins���rne���s a lien�r
<br /> �ncunzbrance on the Prop�r�y; �b} �easehoid payments or ground rents on the Pr�per�y, �f any; �c�premiums
<br /> for any and a�i insurance requ�red by Lender under S�ction 5; and �d� Nlortgage Insurance prem�ums, if any,
<br /> or any sums payable by Borrower�o Lender in l�eu of�he payment af Mortgage�nsurance premiums in
<br /> accordance with �he pro�isions of Sec�ian 1�. These��ems are called "Escrow ��ems." At arigina�ion or at
<br /> an�tinze during �he term of�h�Loan, Lender ma�requ�r��hat�ommun�ty Associat��n Dues, Fees, and
<br /> Assessments, if any, be escrowed�� gorrov�rer, an�such dues, fees and assessments sha��be an Escrow
<br /> Item. Borrower shall promptly furn�sh�fl Lender al�na�ices of amounts�fl be pa�d under�his Section.
<br /> Borrow�r sha��pay Lender the Funds for Escrow �tems un�ess Lender wa��es Borr�vver's ob�igatian to pay
<br /> �he Funds for any or all Escrow �tems. Lfender rna�vvai�e Borrov�er's�bligation�o pay to Lender Funds for
<br /> any or ai� Es�row �tems a�any t�me. Any such waiver may only be in wri�ing, In�he event of such waiv�r,
<br /> Borro�ver sha��pay d�rectiy, when and where payable, the amounts due for any Escrovv I�ems for wh�ch
<br /> pa�m�nt�f Funds has been v�►�ai�ed by Lender and, if Lender require�, sha�� fixrnish to Lender r�ceip�s
<br /> ev�dencing such payment v�ith�n�u�h�ime period as Lender ma� require. Borrow�r's abii�at�on�o make
<br /> such pa�ments and to prov�de rece�pt�shal� for ai�purposes b�deemed t�be a co��nant and agreement
<br /> contain�d in th�s Secur��y �nstrument, as the phrase "c�venan�and agreement" is used in Sect��n 9. �f
<br /> Borrower is abiigated�o pay Escrow Items direct�y, pursuant ta a waiv�r, and Borrower fails�fl pay the
<br /> amount due for an Escrow Item, Lender ma�ex�re�se its r��hts under Se�tion 9 and pay such amaunt and
<br /> Borrower sha1� then be obl�gated under Section 9 to re�ay�o I...ender any su�h amount. L.�nder may revoke
<br /> the waiver as ta any or ail Escrow �tems at any time by a notice gi�en�n acc�rdanc�wi�h Se��ian 15 and,
<br /> upon such re��catian, B�rrower sha�l pa�to I..�nder a11 Funds, and in such amounts, �ha�are then required
<br /> under�his Section 3.
<br /> Lend�r n�a�, a�any��m�, co��ec�and ho�d Funds �n an am�un� �a} �ufficien�ta perm�� L.�nder to appl�the
<br /> Funds at�he t��me speci�ied und�r RESPA, and�b�n�� to exceed the m.aximum amaunt a lender can requ�re
<br /> ur�der RESPA, Lender shal� �st�mate the amount�f Funds due on the bas�s of curren�da�a a�d reasonable
<br /> es�imates of expenditures af futur� Escrow I�ems or otherwise�n accordance with Appl�cable Law.
<br /> The Funds sha�� be h��d�n an�ns�i�u��on whose deposi�s are insured b� a f�deral agency, �ns�rumental��y, nr
<br /> �n�ity�includ�ng Lender, if Lender�s an inst�tu���n whose deposi�s are so xnsured}or in any Federal �ome
<br /> I.�an Ba.nk. Lender sha�I appl�the Funds tfl pay the Escrow Items no Iater than the time speci�ed under
<br /> RESPA. Lender shai� not charge Borrower for holding and appl�ing the Funds, annua�l� ana�yzing the
<br /> escrow accoun�, or�erifying�he�scrow ��ems, unless Lender pa�rs Borrow�r in�eres��n��e Funds and
<br /> Appiicable Law perm�ts Lender�a make su�h a charge. Unless an agre�men�is made in v�ri�ing or
<br /> App�icabie Law requires in�erest��be pa�d on the Fund�, Lender sha�� nat be requ�red to pay Borrower any
<br /> �n�ere�t or earn�ngs on the Funds. B�rrov�er and Lender can agr�e in writing, hovcrev�r, that interes�sha��be
<br /> paid on the Funds. Lender sha�� gi�e�o Borr�v�er, without charge, an annuai accoun�ing of the Funds as
<br /> required by RESPA.
<br /> �f there is a surp�us of Funds held �n escrow, as defined under RESPA, I,ender sha�� account�o Barrov�er for
<br /> the�xcess funds in acc�rdance w�th RESPA. �f�h�re is a shor�age of Funds held in escrow, as de�ned under
<br /> RESPA, Lender shali notif�Borrower as required by RESPA, and Borrow�r sha�l pay ta I.ender the am�unt
<br /> nec�ssar���make up�he shor�age�n accordance wzth RESPA, bu� in na mare�han �2 manthiy payments. �f
<br /> there is a de�ciency�f Funds held in escrow, as defzned under RESPA, Lender shal� notify Borr�w�r as
<br /> NEBRASKA-Single�amily-Fannie Mael�reddie Mac L3N�FQRM[NSTRUMENT �arr�n 3a2$i 1�1
<br /> VMP� VMP6[N�)�13023
<br /> Wolters Kiuwer�inancia!Ser�ices Page 5 v#17
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