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<br /> An� application of payments, �nsurance proc�eds, or Misc�ilaneous Proceeds to principal du�under the Note
<br /> shall na�ex�end or postpone the due date, or change the amount, of�he Periodic Paymen�s.
<br /> 3. �'unds far Escrow It�ms. Borrov�er sha��pay t�Lender�n the day P�r�od�c Payments ar�due under�h�
<br /> No�e, un�i� �he Note�s pa�d�n fu��, a sum t�he "Funds"} to proWide for payment of amoun�s due for: �a} taxes
<br /> and assessments and other��ems vvh�ch can a��ain prior����ver this Securit}��nstrurnent a� a�ien ar
<br /> en�umbran���n th�Fraperty; ��} leaseho�d pa�ments or graund rents on�he Proper�y, if any; (�}pr�miums
<br /> for an�and a11 insurance required by Lender under S�ction 5; and�d� M�r�gage Insuran�e premiums, if any,
<br /> �r�n� �u�rz�p�yabl�by �orr���er�a Le�der���ieu of�e p�yr�e�t af I�o���g��r���ranc�pr���u�� ��
<br /> a�cordanc�wi�h the provis��ns of Sec��an 1fl. These items are�al�ed "�scrow ��ems," At ariginat�o�.or at
<br /> any�ime dur�ng�he term�f the Loan, Lender ma� r�qu�re�hat Cammun��y Ass��ia�ivn l�ues, Fe�s, and
<br /> Assessments, �f an�, be escrowed by Borrower, and such dues, fees and assessmen�s shall b�an Escrow
<br /> �tem. Borrower sha��promp�l�furnish to L,ender a��not�ces af amoun�s to be paid under this Sect�on.
<br /> Barrower shal� pay Lend�r the Funds for Escrow �tem�unless Lender�raives Borr�wer's ab�igat�on to pay
<br /> th�Funds f�r ar�y or a�� Escr�w �tems. Lender n�a�wai�e Borrower's obl�ga�i�n to pay to I.�nder Funds for
<br /> an�or al� Escrow ��ems at any��me. Any such wa��er may oni�be in wr���ng. �n the��ent�f such waiver,
<br /> Bnrr�wer shai�pay d�r��t�y, when and where payabie, the amounts du�for any Escr�w I�em� f�r which
<br /> paymen�of Funds has been wai�ed�y Lender and, if Lender requires, shall furnish ta Lender rece�p�s
<br /> e�videnci�g such paym�nt with�n such�xm.e per�od as Lender nzay r�qu�re. Borrower's ob��ga�ion to nlake
<br /> such paymen�s ar�d to pro�xde receip�s s�al� for ali purposes�e deemed�o be a covenant and agreemen�
<br /> contained�n this Secur��y�nstrument, as the phrase "covenant and agreement" is used in Sec�ian 9. If
<br /> Borrov�rer is ob�iga�ed to pay Escrow �tems directiy, pursuant�o a wai�er, and Borrow�r faiis�o pay the
<br /> aniount du�for an Es�raw I�em, Lender may exercise��s rights under Sect�on 9 and pay such amount and
<br /> Barr�v�er shall then be nbli�a�ed under Sec�ion 9�o repay to Lender any such amoun�. Lender may revoke
<br /> th�waiver as tn any�r a�i Escrow �tems a�an�tin�.��y a natice given in accordance�rith 5�c��on 15 and,
<br /> upon such revacation, Borro�ver shall pay to Lender all Funds, and in�uch amounts, �ha�are�hen requ�red
<br /> under th�s 5ect�on 3.
<br /> L.�nder may, at an�time, coliec�and hold Funds in an amount �a} sufficient to perm�.t I,ender to app1��h�
<br /> Funds a��he t�me specif�ed under RESPA, and�b} not to exceed�he maximum amoun�a�ender can requ�re
<br /> under RESPA. Lender sha�l es�imate the amount of Funds due an the basis af current da�a and reasanable
<br /> es�xmates of expendi�ures of fu�ure Escrow ��ems or otherwise in accordance wi�h App�icable Law.
<br /> The Funds shall be heid in an ins�i�ut�an vvhose depos�ts are �nsured by a federa� agency, �nstrumental��y, �r
<br /> en��ty �inc�uding L,�nder, �f Lender is an ins�xtution whose depas�ts ar�so �nsur�d} or�n any Federa� �ome
<br /> Loan Bank. Lender sha�l apply the Funds�o pay the Escrow �tems no �ater than�he t�me specified under
<br /> RESPA.. Lender sha�� not charge Barrov�er for hol�iing and app���ng �he Funds, annua��y a.na���ing�he
<br /> escr�v� account, or verify�ng the Escra� ��ems, un�ess Lender pays Borrawer�nterest on the�unds and
<br /> App�icab�e Law permi.ts Lender�o make such a charge. Un��ss ar�agre�ment �s made�n�vr��ing or
<br /> App��cable Law requires interest�o be paid on�he Funds, Lender shal� not be required ta pay Borrower any
<br /> interest or earnings on�he Funds. Borrawer and Ilender can agree�n wri�ing, h�we��r, that in�erest sha11 b�
<br /> pa�d�n�he Funds. Lender sha11 give to B�rr�wer, without charge, an annual accoun�ing of�he Funds as
<br /> required by RESPA.
<br /> �f�here is a�urplus of Funds held in escrow, as defined under RESPA, Lend�r sha11 accoun��o Borrow�r f�r
<br /> �he�x�ess funds in accordance w��h RESPA. �f�here is a shor��ge of Funds he�d in escrow, as def�ned under
<br /> RESPA, Lender sha�l notify Borrower as required b�r R.ESPA, and Borrnvver sha��pay to L.ender fhe a�m�unt
<br /> necessary to ma�e up th�shortage in accordan�e wi�h RESPA, but �n no more�han IZ mon���y pay�rnents. If
<br /> �h�r�is a de�cien�y of Funds held in escrovv, as de�ned under RESPA, Lender shall nat�fy Barrov�►ler as
<br /> NEBRASKA-Single Family-�anni�Mael�reddie Mac UNI�QRM 1NSTRUMENT Farm 3��8 1101
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<br /> Wofters K€uwer F�nancia!Ser�ices Page 5 of 17
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