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��15�174�
<br /> Any appi�cation of paymen�s, insurance proceeds, ar M��ce��aneous Prflceeds to pr�ncipal due under�he Note
<br /> shall not extend ar postpone the due date, or chan�e the am�unt, of the Per�od�� Payments.
<br /> 3. Fund�for�scro��v Item�s. Barrawer shall pay tn L�nder on�he day Periodi� Pa�m�en�s are due under the
<br /> Note, unt�i t.he No�e�s paid in fu�l, a sum�the "Funds"}�ti pro�ide for payment af amounts due for: �a}taxes
<br /> ar�d assessrnen�s and other i�ems which can a��ain prior��y o�rer�h�s Secur�ty Instrumen�as a�ien�r
<br /> encumbrance on�he Proper�y; �b} �easeh��d payments or ground rents on the Property, if any; �c�prernium�
<br /> for any and al� insurance r�quired by I,ender under Sec���n 5; and�d} Mor��age�nsuran�e prem�ums, �f any,
<br /> or any sums payable b� Borrower to Lender in Iieu of the paymen��f Mor�gage�n�urance prem�ums �n
<br /> accordance with the provisions of 5����on 10. These�tems are ca���d "Escrovw i��ms." .A.t or�g�nation or a�
<br /> any t�me during the�erm af the Loan, Lender may require that�ommunit}� Asso�iation Dues, Fe�s, and
<br /> Assessmen�s, if any, be escrowed b� B�rrower, and such dues, fees and ass�ssm�nts sha��be an Escrow
<br /> �tem, B�rrflw�r sha�l prompt�y furnish to Lender ali nati�es of amounts�a�e paid under th�s Se�t�nn.
<br /> Borrov�rer sha�i pay I.ender the Funds f�r Escrow Items unless L.ender wai�es Borrower's o���ga�ion�o pa�
<br /> �he Funds for any or aii Escrov� ��exns. Lender may�a��e B�rrower's�biigation to pay to Lender Funds for
<br /> any or al� Escrow Items at an�time. Any such v5ra�ver may�n��be�n v�rriting. �n the e�ent af such waiver,
<br /> Borrnwer shal�pay dzrectiy, v�hen and where payabie, �he amoun�s due for any Es�rav� X�ems for wh�ch
<br /> pa�rnent of Funds has b�en waived by Lender and, if Lender r�qu�res, sha11 furnish �o Lend�r re��ipts
<br /> evidencing such payment w�thin such t�me per�od as Lender ma� require. Borrower's obligatian�o make
<br /> such pa�ments and to prov�de re�eipts shal� for al�purposes be deemed to be a covenant and agreemen�
<br /> contained in th�s Secur�t� �nstrumen�, as�he phras� "ca�enan�and agreem�n�" �s used �n 5ect�an 9. �f
<br /> Borrower is o�l�gated to pa� �scrow �tems d�rectly, pursuant�o a waiver, and Borr�wer fa�ls to pa��he
<br /> amount due far an Escrov� �tem, Lender ma�ex�rcise its righ�s under Sec�ion 9 and pay such amoun�and
<br /> Borrow�r shall �hen be obligated under Section 9 to repa}�to Lender an.y such amaun�. Lend�r ma� re�oke
<br /> �h�wai�er as�fl an�or a�l Escrow I�ems at an�time�y a not��e g�ven�n accordance w�th Section �5 and,
<br /> upon such re�o�a�ion, Borrawer shal�pay�a Lender ali Funds, and �n su�h amaun�s, that are�hen requ�red
<br /> und�r this Sec�i�n 3,
<br /> Lender ma�, a�any��me, col�ect and hoid Funds in an am�un��a} sufficien�to p�rmit Lender to apply the
<br /> Funds at�he�i�me spec��ed under RESPA, and �b}not �o exeeed the max�mum amoun�a��nder can requ�re
<br /> under RESPA. Lend�r shall est�ma��the am�unt of Funds due on�h�bas�s of current data and reasonable
<br /> es��mates of expendi�ures of fu�ure Escraw �tems or ot�ierwise in accordance v5r�th App�i�able Law.
<br /> The Funds sha�l be he�d �n an ins�i�uti�n v�rhose deposits ar�insured hy a federa� agency, �nstrumenta�ity, or
<br /> entit� ��n��uding Lender, if Lender�s an insti�u�ion vvhose depasits are so insured}or in any F�dera� Home
<br /> Loan Bank. Lender sha11 appl� �he Funds to pay the Escrnv�r I�ems no la�er t�.an�he tirn�specified under
<br /> R�SPA. Lender shal�n�t charg�B�rrov�er for h�id�ng and applying the Funds, annually anal�zing the
<br /> escrow a�coun�, or�er�#�ying the�scrow Items, unles� Lender pays Borrower inter�s�on the Fund�and
<br /> App�ica�l�Law permits Lender�a n�ake such a charge. Unless an agr�ement is made in wri�ing or
<br /> Applicable Law requ�res interest to be paid on�he Funds, Lender shall not be required�n pay Borrower an�
<br /> �n�er�s�or earnings�n�he Funds. Barrower and Lend�r can agree�n writing, how��er, that interest sha�l b�
<br /> paid on the Funds. Lender shall g�ve�o Borrower, v�i�haut charg�, an annua�acc�unting of the Funds as
<br /> requ�red�y RESPA.
<br /> �f ther�is a surp�u��f Funds he�d in escrow, as def�ned under RESPA, Lender sha�� accflunt to B�rrower for
<br /> the excess funds in accordan�e wi�h RESPA, �f there is a shor�age of Funds he�d in escrow, as de�ned under
<br /> R�SPA, Lender shai�no�if�r B�rrower as requ�r�d b�r RESPA, and B�rro�rer shall pay to Lender�he am�unt
<br /> necessar�r ta m.ake up the shortage in a�cordance w��h RESPA, but �n no more than �2 nzonth�y payments. �f
<br /> ther��s a def�c�en�y of Funds h��d in escrow, as def�ned under RESPA, Lender sha�l notify�orrov��r as
<br /> N�BRASKA-Singie Family-�annie Mael�reddie Mac UNI��RM 1NSTRUMENT �orm 3Q28 11D1
<br /> VMP� VMPftNEy[13fl�)
<br /> Wo[ters Kluwer Finan�ial Ser�ices Page 5 of 17
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