Laserfiche WebLink
��15�1�75 <br /> Any application�f payments, insuran�e pr��eeds, or N�iscellaneaus Praceeds t�principal due under�he Na�e <br /> sha�� not extend or postpone�h�due da�e, or�hange�he amount, of the Perifld�c Pa�ments. <br /> 3. Funds for Escrow I�em�. Borrower sha�l pay to Lender�n�he day Periodic Payments are due under�h� <br /> Nate, unti� �he N�te is paid in ful�, a sum.��he "Funds"} �o pr�vide far paymen�of am�unts due f�r: �a}�a�es <br /> and ass�ssmen�s and o�her i�ems which can atta�n priori�y over this Securi�y Instrurnent as a 1i�n�r <br /> encumbranc�an�he Pr�perty; �b} I�asehold paymen�s or ground r�nts an the Praper�y, if an�; �c}premiums <br /> for any and al� insurance requ�red by Lender under Section 5; and�d} Mortgage Insurance premiums, �f any, <br /> or any sums payable b� Borrower�o Lender in�ieu of�he payment�f Niortgage�nsurance pr�miun�.s �n <br /> accordance v�rith�he pro�risians of Sec��on ��. These��ems are�a���d "Escravv��ems." A�originat�on or a� <br /> any��me during�he�erm of the Loan, L�nder may r�quire that�ommun�ty Assoc�at�on I3ues, Fees, and <br /> Assessmen�s, �f an�, �e escro�ed by B�rrov�er, and su�h dues, fees and assessmen�s sha��be an Escrow <br /> I�em. Barr�wer sha�l prompt�y �'urnish to Lender all not�ces of amoun�s�o be paid under�his Secti�n. <br /> Borrow�r shall pa�r Lender�h�Funds for�scrow Items un�ess Lender vvai�res Borraw�r's obliga�ion to pay <br /> �he Funds f4r a�y or all Escrow I�ems. Lender ma�wa��e Borrower's obiiga�ion to pa�r�o L,ender Funds for <br /> any or a1� Escrow Items at any�ime. Any such waiver�na�only be in writing. �n the event of such waz�er, <br /> Borrower shal�pay direc���r, when and v�rhere payable, the amoun�s due f�r any Escrow Items for wh�ch <br /> payment af Funds has b�en waived hy Lender and, if Lfender requires, sha11 furn�sh�o Lender receipt� <br /> evidencing such pa�ment with�n su�h t��n.e period as Lender ma� requ�re. Borrov�er's ob��gation to make <br /> such payments and to pro�ride rece�pts shali for al�purposes be deemed�o he a c��enant and agreem�n� <br /> c�n�ained �n�h�s Securi�y �nstrurnent, as�he phrase "co�renan� and agreemen�" is used�n Sect�an 9. If <br /> Borrovver�s�b�iga�ed�o pay Escr�w ��em�s d�rectly, pursuant to a wai�er, and Borrower fail�to�a��he <br /> amnunt du�for an Escrow It�m, Lender ma�e�.erc�se i�s rights under Sec�ion 9 and pa�such amount and <br /> Borr�wer sha�l then�e ab��gated under Sec��on 9 to repay to L,�nd�r any such amaun�. Lender may re�oke <br /> �he wai�er as to any or all �s�row ���ms at any time by a na�ice given �n a�cardance with Sectian 1 S and, <br /> upon su�h re�rocation, Borrower sha��pay�o Lender a11 F`unds, and in such amoun�s, that are�hen required <br /> under�his S�c�ion 3. <br /> I..,ender may, at an�time, �oliect and hold Funds in an am�un��a� suf�c�en�to p�rmi�Lender to a�piy�he <br /> Funds at the t�rn�specified under RESPA, and��} no� to excee��he ma�imunr�amount a��nder can r�quire <br /> under RE�PA. Llender sha11 es�ima�e th�amount of Funds due on the�asis flf curren�da�a and reasonabie <br /> estima��s of expenditures of future Es�row Items ar otherwise in accordance with App��cable Lav�r. <br /> The Funds shal�be held in an ins��tu�ion u�hose deposzts are insured by a federal agency, �ns�rumen�al���, ar <br /> entity �in��uding Lender, if Lender is an�nstitu�ion v�hose depos�ts are s� insured}or in an�Federal Home <br /> Loan Bank. Lender s�al� app�y�h�Funds�o pay the Escrow �tems no later than the ti�ne specified under <br /> RESPA. Lender shall no�charge B�rrovver for ho�ding and appl�ing the Funds, annuall� ana�yz�ng fhe <br /> escrovv accaunt, or verifying the Escrow I�ems, un�ess Lender pays Borrower�n�ere�t�n�he Funds and <br /> App�icabie Law permits Lend�r to make such a charg�. Unless an agreem�n�is made in�nrrit�ng�r <br /> App�icable Lau� requ�res �nterest to b�paid on the Funds s Lender sha�i nat�e required�a pay Borro�nrer any <br /> �nterest�r earn�ngs on the Funds. Borrav�er and Lender can agree�n wri�ing, however, that interest sha�l be <br /> pa�d on�he Funds. L�nder sha�l gi���� Borrov�er, withou�charge, a�annual a�counting of the Funds as <br /> requ�red b� RESPA. <br /> If there is a surplus of Funds he�d in e�craw, as defined under RESPA, Lender sha�1 account ta Borrawer for <br /> th�excess funds �n acc�rdance wi�h RESPA. If there is a shflr�age of Funds held in escrow, as defined under <br /> RESPA, L.�nder shal�notify B�rrawer as r�qu�r�d by RESPA, and Borr�w�r sha�� pa�r to Lender the arr�ount <br /> ne�essary to make up the shartage in accordance with RESPA, bu��n no mare than ��month�y payments. �f <br /> �her��s a deficiency of Funds held in escrovv, as defined under RESPA, L�nder shall notify B�rrower as <br /> NEBRASKA-Single�amily-Fannie Mael�reddie Mac UNIFORM INSTRl3MENT �arm 30�8 1101 <br /> VMP� VMPfi�N��[1302) <br /> Wvlters Ktuwer�inancial Ser�ices Page 5 vf 17 <br />