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<br /> Any applica��on of payments, insurance proce�ds, or M�scellaneous Proceeds to principa� du�under�he Nflt�
<br /> shall na�ex�end or postpQne�he due date, �r change�he amount, of the Periodic Pa�men��.
<br /> 3. Funds far Escraw Items. Borrovver shali pay to I..�nder on the day Periodic Payme�a�s are due under th�
<br /> Note, until �he Note is pa�d �n fuli, a suna�the "Funds"} to prav�d��or paymen�of amounts due for: �a} tax�s
<br /> and assessmen�s and other��ems which can a��a�n prior��y nver�his Security Ins�rumen�as a lien�r
<br /> encumbrance on the Proper�y; �b� Ieaseho�d paymen�s or gr�und r�nts fln�he Proper��, if any; ��}pr�rnuums
<br /> far any and all insurance re�uired�y Lender under Sect��n 5; and�d� Mortgage Insuran�e premiums, if any,
<br /> flr any sums payable by Borrower to Lender in lieu of�he pa�men�af�ortga�e�nsurar�ce premiums in
<br /> accordance wz�h the pr�vis�ons flf Sec��on �D. These i�ems are�a���c1 "�scrow ���rns." At orig�na�ion�r at
<br /> any tim�dur�ng fhe�erm of the Loan, L.�nd�r ma�r require that�ommuni�� Associat�on Du�s, F�es, and
<br /> Assessm�nts, if any, be escr�wed b� Borrawer, and such dues, fees and assessments shall be an�scrovv
<br /> �tem. Borrawer shal�prompti� furn�sh ta Lender a��na�ices af amoun��tn b�paid under�his Sect�on.
<br /> Borrower shall pay L�ender the Funds for Escrow �terns un�ess L�nder vwa�ves Bnrrower's�bligat�on to pay
<br /> �he Funds fflr any or all �scrow ��ems. Lender may�va�ve Borrawer's ob��ga�ion to pa�to L�nder Funds for
<br /> any or all Escrow I�ems at any�ime. Any such wa��er ma}� onl�be in wr��ing. �n the event of such vc�aiver,
<br /> Borrow�r shall pay direc�ly, when and where payahle, the amounts due for any Es�row �t�ms for wh��h
<br /> paymen�of Funds has been vvai�ed�y L�nder and, �f Lender requ�res, sha�I furnish�o Lender receip�s
<br /> evid�n�ing such payment w�thin such t�me p�riod as I�nder may require. Borrower's�bl�gation to make
<br /> such paymen�s and�o pro�ide r��eip�s shall for a��purposes b�deemed��be a ca�enant and agreement
<br /> contained in�his Securi�y Instrum�nt, as the phrase "co�enant and agreemen�" is used in Se���an 9. �f
<br /> B�rrow�r is obliga�ed to pay Escrow I�exns d�re���y, pursuant to a wai�rer, and Borrower fa��s to pay the
<br /> amount du�f�r an Escrow Item, Lender ma�exerc�se its r�gh�s under Sec��on 9 and pay such amount and
<br /> B�rrovv�er sha���hen be abX�ga�ed under Section 9 to repay�o Lender any such amnun�. Lender may re�oke
<br /> �he wa��er as�o any or all �scraw �tems at ar�y time b� a not�c�given in acc�rdance v�rith Section 15 and,
<br /> upan such re�ocation, Borrower sha��pay to Lender a�i Funds, and in such amaunts, �ha�ar��hen required
<br /> under this Section 3.
<br /> Lender may, a�an}� time, ca�lect and hoid Funds �n an amount�a} suff�c�en��o perm�t L.ender�o appl�r the
<br /> Fund�a�the time specif�ed under RESPA, and �b}nat to exce�d the maximum amount a��nd�r can r�quire
<br /> under R�SPA. L,end�r shall est�ma�e the amount of Funds du�on�he�asis of Current da�a and reasona��e
<br /> estimates of expenditures of future�scrow �tems ar oth�rv�ise in a�cardan�e with Applicable Law.
<br /> The Funds sha�1 be held �n an�ns�i�u�i��.whase d�pas�ts are insured by a federai agenc�, �nstrunZen�a�ity, or
<br /> en�ity �inc�uding Lender, if Lender�s an institu�ion whos�dep�sits are sn insured} or in any�ederal Home
<br /> L�an Bank. Lend�r sha�l apply the Funds to pa� �he Escrflw �tems no �ater�han th�time sp�cified under
<br /> R�SPA. L.ender�ha�� no�charge Borro�rer for hoiding and applyzng the Funds, annuai�y analyzing the
<br /> escrow accoun�, ar verif�ing�he Escraw �tems, un�ess Len�er pa�s Borr��er�nterest on�he Funds and
<br /> Appiicable Lav�permits Lend�r t�make such a charge. Unless an agreement is made xn wri�ing or
<br /> Appiicabie Lav�r requires in�er�st ta be paid on the Funds, I.ender shal� not be requir�d t�pay Borrower any
<br /> in�er�s��r earn�ngs on the Funds. Borr�wer and Lender�an agree�n wr�t�ng, hawe�er, tha��n�erest shall �e
<br /> paid�n th�Funds. Lender sha�� give to Borr�wer, wi�hout�harge, an annual accaunt�ng of the Funds as
<br /> required by R�SPA.
<br /> �f tY�ere is a surplus of Funds h�id in escrow, as de�ined under RESPA, L�nder shall ac��un�ta Borrow�r f�r
<br /> �he excess funds �n accordance wi�h RESPA. �f th�re is a shor�age of Funds he�d in escrow, as def�ned under
<br /> R�SPA, L,end�r sha�i notify g�rrower as r�quir�d�y RESPA, and Borrower sha��pay t�Lender the amoun�
<br /> nec�ssary to make up�he shor�age�n accordance with RESPA, bu� in no more than �.2 m�nth�y pa�men�s. �f
<br /> th�re�s a d�fic��nc��f Funds he�d in escrow, as d��ned under RESPA, Lender sha��not�f� Borrower as
<br /> NEBRASKA-Single Family-�annis MaelFreddie Mac UNI��RM tNSTRUM�NT Form 3�28�l�i
<br /> VMP� VMP6ZN�){#3p�}
<br /> Waf#�rs Kluw�r�inancial 5er�ices Page 5 af 17
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