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<br /> An� app�icat�on�f pa�ments, insurance pro�eeds, ar Miscei�aneous Proce�ds to princ�pa� due under�he Nate
<br /> sha�l no�extend or pos�pone th�due date, or change the amount, of the Per�odic Payments.
<br /> 3. �unds for�scrow Items. Borro�er shall pay�o Lender�n the day Per�odic Paymen�s ar�due und�r th�
<br /> No�e, un��l �he Not�is paid in ful�, a sum�the "Funds"} ta pro��de for paymen�of amounts du�for: �a}�a�es
<br /> and assessments and o�her items which can attain priority o�er this Security �ns�ruxnent as a l�en or
<br /> encumbranc�on the Praper�y; �h} leasehold pa�men�s ar ground rents on the Proper�y, if any; �c}prem�ums
<br /> far any and all insurance required�y Lender under Sect�on S; and�d� Nior�gage�nsurance premiums, �f any,
<br /> ar an�r�ums payab�e�y�orrov�rer to Lender�n�ieu flf the paymen�of N�ar�gage�nsurance prerniurn� �n
<br /> accordance v�►rith the pro�isions of Section �4. These i��ms are called "�scrovv�tems." At flrig�na�ion or a�
<br /> any time during the term flf�he L.�an, Lender may require�hat Communi�y Assoc�at�on Du�s, Fee�, and
<br /> Assessments, if any, be escrow��i by Borrower, and suc�dues, fees and ass�ssments sha1���an Escrovv
<br /> ���m. �orrvwer sha��promp�iy furn�sh to Lender al���f���s of amaunts to be paid under�his Section.
<br /> Barrower sha.��pa� Lender the Funds f�r�scrow Ite�un�ess Lende�-vva��ves Borrov�er's ob��ga��an�o pay
<br /> the Funds for any ar a11 Escraw I�ems. I�ender may waive BorrovWer's obligation to pay�� Lender Funds far
<br /> any or a�i Escr�w I�ems a�any tim�. Any such wa�ver may�nly�e�n wri�ing. In the e�en�of such vvaiver,
<br /> Borrawer sha��pay dire�tl�, when and v�rh�re�a�ab�e, the amoun�s du�for any Escraw Items f�r wh��h
<br /> paym�n�of Funds has been wai��d by Lender and, if Lender requires, shall furn�sh to Lender receipts
<br /> e�idencing such pa�ment w�thin such�ime period as Len�er may require. Borrower's obligation to make
<br /> such payments and�o provide re�eip�s shai� f�r all purp�ses be deemed��b�a co�enant and agreement
<br /> c�n�a�ned in th�s Security Ins�rument, as the phrase "c�venant and agr�ement" is used in Secti�n 9. �f
<br /> Barrawer�s obliga�ed�a pay Escrow �tems d�re��ly, pursuan�to a waiver, and Borrov�rer fai�s Yo pay�he
<br /> amoun�due for an Es�r�v� Item, Lender may exerc�se its rights under Sect�on 9 and pay such am�un�and
<br /> Borr�wer shali th�n be abliga�ed under Section 9 to repay to Lender any such amount. Lender may r��oke
<br /> �he wa���r as to any or a1� �scrow �tems at any time by a no��ce g��ren in acc�rdance w��h Sec�ion �5 and,
<br /> upon such reWocation, Borrower sha�l pay�o Lender a�l Funds, and in such am�unts, tha�ar�then required
<br /> under this Sec��on 3.
<br /> I.�nder may, a�any time, �ollec�and ho�d Fund� �n an amount�a} sufficient to permit Lender�o app�y the
<br /> Funds a�the�ime spec�f�ed under R�SPA, and �b} not t�exce�d the maximum amount a�ender can require
<br /> under R�SPA. I..�nder shall estimate�he amount of Funds due an the�asis�f curren�data and reasona��e
<br /> estima��s of exp�ndi�ures of fu�ur�Escraw �tems or o�herwise�n accordance w��h Appl�cable Law.
<br /> The Funds shal�be he�� �n an institutian v�hose depasi�s are insur�d by a fed�ral agen�y, instrumen�a�it}�, or
<br /> en���� ��nc�uding Lender, ��Lender�s an ins��tut�on wh�se depos��s ar�s��nsured}or�n any Federa� Home
<br /> Loan Bank. Lender sha�I apply the Funds�o pay the Escrow �tems no �a�er than the t�me specif�ed under
<br /> R�SPA. Lender shall not charge Barrower for holding and apply�ng�he Funds, annually anal�zing�he
<br /> �scr�vv account, or�erifying�he Escraw Items, unl�ss Lender pa�s B�rrower�n�eres�on the Funds and
<br /> App�icable Law permits L.ender�o make such a charge. Un��ss an agreemen�i�made in writing or
<br /> App�i�a��e Law requires interest�o be paid�n�he Funds, Le�der sha�� not be required�o pay Borravver any
<br /> �n�erest ar earnings on�he Funds. Borrflwer and Lend�r can agree in writ�ng, howe�rer, �hat �n��r�st sha��be
<br /> paid an the�unds. Lender sha�i gi�e to B�rrower, withnu��harge, an annual accounting�f the Funds as
<br /> required by R�SPA.
<br /> If�here is a surplus of Funds held in escr�w, as de�ned under RESPA, Lender shal� account to Borrov�er for
<br /> the excess funds �n ac�ordan�e with RESPA. If there is a shor�age af Funds held in escraw, as def�ned under
<br /> RESPA, L,ender shall notif� Barrower as requ�red by RESPA, and Borrnw�r sha�l pay�o Lender the amount
<br /> necessary�o make up �he shor�age in acc�rdance wi�h R�SPA, but in no m�re�han �2 m�nth�y paymen�s. �f
<br /> there is a deficiency nf Funds held in escrov�, as de�ned under R�SPA, L�nder sha��no��fy Borrov�er a�
<br /> NEBRASKA-Sing�e Family-�annie Mael�reddie Mac UNIFORM IN5TRLIMENT �arm 3�2$11Q1
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<br /> Wolters Kluwer Financial Ser�ices Pa�e 5 0#i 7
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