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��15�145�
<br /> Any app�xcatxnn�f payments, insurance proceeds, or Miscellaneous Pr�ceeds��principal due under�e Note
<br /> shall not extend ar pos�pon��he due date, �r�hange�he amoun�, of the Per�adic Pa�ments.
<br /> 3. �'unds far Escrow Items. Borr�v�er shal�pay�� Lender on�he day Per�adic Paymen�s are due under t�e
<br /> Note, un��l the Nate is paid in fu�l, a sum�th� "Funds"} to pro��de for pa�ment of a�n�unts due for: �a�taxes
<br /> and as��ssmen�s and other�tem.s wh�ch can a��ain prior���over�his S�curity Instrument as a�ien or
<br /> encumbrance fln�he Proper�y; �b} ��aseho�d payments or graund rents on the Property, if any; (c}premiums
<br /> for an�and al� �nsurance requ�red by Lender under Sect�on 5; and �d} Mortgage Insurance prem�.ums, if any,
<br /> vr any sums payah�e by Borrower to Lender�n lieu of the payment of Mar�gage�nsuran�e prern�um�s in
<br /> accordance�r�th��.e provisions�f Section 1�. These items are cal�ed "Escr�vv ��ems." A�originat�on or a�
<br /> an��ime during�he�erm of�he Loan, Lender ma�requ�re�ha���m�.�mun�ty ,A►ssoC�atian Du�s, F�es, and
<br /> Assessments, if any, b�es�rowed by B�rro�er, and such dues, fe�s and assessments shal�be an Escro�xr
<br /> �tem. Borro�ver s�all pr�mptly furnish to Lender a�l n�txces of amounts �a be�aid under this Sec�ion.
<br /> Borr�vwer sha11 pay Lender�he Funds far Escravv�te�ns un�ess Lender v�ra�ves�orrower`s ob�iga�ion to pay
<br /> �h�Funds f�r an�r ar a�l E�crow Items. Lender may wa��e Borrower's abl�gat�an ta pay to Lender Fu��s fvr
<br /> any ar a�� �s�rovc� ��en� a�any�ime. An�such wai�er may onl�be in wr��ng. �n the��e��af such�a�.uer,
<br /> Borrower shall pay directi�, wh�n and v�here�aya��e, �he amoun�s due f��a�� Escrow �tems for►whic�i
<br /> payment of Funds has been wa��ved by L.�nder and, �f Lender r�quires, s����urr�ish�o Lender r�c�ipts
<br /> e��dencing such payment wi�hin such time peri�d as L�nder may requ�re. �arrower's ob�igat�an to mak�
<br /> such payments and�o pro�ide re�eipts shai� f�r aii purposes be deemed�o�e a co�renar��and agreemer�t
<br /> con�axned�n�his Security �nstrument, a5 the phrase "co�enant an�agreement" is used�n Secti�n 9. �f
<br /> Borrower is �b�igated to pay Escrow ��ems d�rect�y, pursuant to a wa�ver, a�.d Borrower fa�ls��pay�he
<br /> amount due far an Escrovv �tem, Lender ma�exercise i�s righ�s under Sect�an 9 and pay such amou�t and
<br /> Borrower�hall th�n be�bl�gated und�r S�c��on 9 t�repay�fl L�nd�r any such amoun�. Lender may re�oke
<br /> the waiver as tn any or a�� Escrow ��ems at any t��ne b�r a notice gi�en�n ac�rdance wi�h Sec�ion 1.S and,
<br /> upon su�h revo�atxon, Borr�wer shall pa�ta L.ender aII Funds, and zn such amaunts, that are then requ�re�
<br /> under th�s Sectiian 3.
<br /> Lender may, at any time, c��lect and ha�d Funds in an amount�a� suff�ci�����ermi�Lender�a a�p�y th�
<br /> Funds at th�t�me speci�ed under RESPA, and�b} not��ex�eed�he maxi�amoun�a iender can require
<br /> under RESPA. Lender sha�l estimate the am�unt of�unds due�n the basis�f curren�data and reasonabXe
<br /> es�imates af expendi�ures of fu�ure�scrow ��em.s ar othervvxse in ac�ordanc��vi�h Appl�cab�e Law.
<br /> '�I`�e Funds shali be h��d�n an institution whos�deposi�s ar�insured by a federal agency, �ns�runlentali�y, or
<br /> �ntit�t�nclud�ng L,�nder, if Lender�s an ins�itu���n�vhose d�posi�s ar�so insured}ar in any Federa� H�me
<br /> Loan Ban�. Lender sha�� app���he Funds to pay�he �scrow Items no Iater�han th��xme spe�ified under
<br /> RESPA. Lender shal�na�charge Borrawer far hold�ng and app�y�ng th�F�n��, annua��y analyzin�the
<br /> escrow acc�unt, or�erifying�he Escrow ��ems, unless Lender pa�r� Borrv�v��r�n�eres�on��e Funds and
<br /> App�icabl�Lav�r permi�s I.�nder to mak�such a charge. Unless an agreen�.���s xnade in vwri�ing or
<br /> Appli�ab�e Law requ�res interes�to be paid on the Funds, Lender sha��nfl���required ta pay Borrow�r ar�y
<br /> in�eres�or earn�ngs on the Funds. Borrower and L�nder can agr�e�n v�riti�,�awe�er, �hat�n�erest s�.a��be
<br /> paid on�e F�ds. �nder sha�I g��e to Borrower, �vith�ut charge, an anr����c��unting of�he Funds as
<br /> required by RESPA.
<br /> �f ther�is a surplus of Funds he�d �n es�rov�, as defined und�r R�SPA, Lender shai� accoun��o Barra�ver f�r
<br /> �he e�cess funds in a�cordance with RESPA. �f�here is a shar�age of Funds he�d in escrow, as def�ned under
<br /> RESPA, L�nder shal�n��if�r Borrovver as requ�red�y RESPA, and B�rr�wer��a��pay t� Lender�he a�moun�
<br /> n��essary�a mak�up�he shor�age �n accordan�e w�th RESPA, but in no more�han 12 m�n�h�y payrnen�s. If
<br /> there is a def�ciency of Funds hel�. in escraw, as de�ned und�r RESPA, Lender sha�i not�fy Barrower as
<br /> NEBRASKA-Single Family-�anni�MaelFreddie Mac tJNIFDRM INSTRUMENT Farm 302$110'�
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<br /> Wvlters Ktuwer�inanciaf S�r�ices �'age�vf 17
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