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<br /> Any appli�ation of paymen�s, insurance proceeds, Qr Mi�celian�aus Praceeds to principal due under�he Note
<br /> shall not e��end�r pos�p�ne the due da�e, or change�h�amount, nf�he P�r��dic Payrnen�s.
<br /> 3. Funds for Escro►��v Items. Borrawer shall pa� �o Lender an�he day Periodic Pa�ments are due under the
<br /> Note, un�il the No�e is paid in ful�, a sum�th� "Funds"} to pro�ide for paymen�af amaunts due for: �a� taxes
<br /> and assessmen�s and o�her items which can attain priority�ver th�s Securi�y Instrument as a lien or
<br /> encumbrance on the Property; �b} leaseh��d pa�ments or ground ren�s on�he Property, if any; �c} premiums
<br /> for any and alI insurance requir�d b�r Lend�r under Section 5; and (d} N�or�gage�nsurance premiums, if any,
<br /> �r any sums payable by B�rrawer to L.�nd�r in lieu�f the pa�rment of Mortgag��nsurance premiums in
<br /> accordance vv�th the pro�isions�f Sectian 14. These i�ems are called "Escro�r ���ms." At�r�g�na��an or a�
<br /> any t�me dur�ng �he term o��he Loan, Lender may requ�re�hat Communi�y Assoc�ation Dues, �ees, and
<br /> Assessnlen�s, if an�, be es�rowed by Borro�rer, and such dues, fe�s and assessments sha11 be an Escrow
<br /> �tem. Borrower sha�l pramp��y furnish�o L,�;nder a��natices of amaunts to be pa�d und�r th�s Sec�ion.
<br /> Borrower shall pay Lender the Funds for Escrow �t�ms unless Lender wai�es Barrnwer's ob�igation to pay
<br /> �he Funds for any or a�� Escrow ���ms. L,ender ma�r wa��ve Borrower's obligati�n�o pay to Lender Funds for
<br /> any or all Escrflw I�ems a�an��ime. Any such waiver may on�y be�n writin�. �n the e�ent nf such vvaiver,
<br /> B�rrawer shal�pay direct�}�, when and where pa}�ab�e, the amoun�s due f�r any Es�r�vv �tems f�r wh�ch
<br /> payment of Funds has been wai�ed by Lender and, xf Lender requires, shall furn�sh�a L.ender r�ceipts
<br /> ev�denc�ng such pa�ment vvith�n such�ime period as L.ender may require. Borrov�►�er's obligation to make
<br /> such paym�nts and�o pro�ide rec�ip�s shall for al�purpases b�deen�ed��be a co�enant and agreement
<br /> contained �n this Se�uri�y�ns�rUment, as �he phrase "cavenan�and agre�men�" �s used �n Sec�ion�. �f
<br /> Barrov�rer�s obiigated to pay Escraw Items directly, pursuant�� a tivai�er, and Borrov�er fails ta pay the
<br /> amaunt due for an Escrav� �tem, L.�nder may�xerc�se its rights under Se�tion 9 and pa�such amount an�
<br /> Borrawer shall �hen be abiiga��d under Section 9 �o repay to Lender any such amount. Lender may revnke
<br /> the wai��r as�� an�ar aI� EsGrow I��ms at any�ime hy a natice gi�v�n in ac�ordan�e w�th Sec�ion I S and,
<br /> up�n such revocat�on, Barrow�r shai�pa�to L�nder al� Funds, and in such amounts, tha�ar�th�n required
<br /> under�his Sec�ion 3.
<br /> Lender may, a�any time, col�ect and hold Funds in an amount�a} suf�ici�n�to permit�.ender to app�y�he
<br /> Funds a�the t�me spe�ified under RESPA, and��} not �o exceed�he maximuxn amoun�a�ender can requ�re
<br /> under RESPA. Lender sha��es�imate the am.�unt of Funds due on the basis of current da�a and r�asonab�e
<br /> es��ma�es of expenditures of fu�ure�scrow �tems or a�herwise �n a��ordance v�ith App�i�able Lav�r,
<br /> The Funds sha1�be held in an ins�i�u�ion wh�se depos��s are insur�d by a fed�ra� agency, instrumenta�i�y, or
<br /> enti�y �inc�ud�ng Lender, if Lender is an institu�ion vvh�se dep�si�s are sa insured}or in any Federa� Home
<br /> Loan Bank. I..�nder shall appi� �he�unds�o pay the�scrow Items no la�er than�h�time spec��ed under
<br /> RESPA. Lender sha�1 na�charge Borrower for hoiding and applying the Funds, annually anal�zin��he
<br /> escrovv account, or verifying�he Escrow ��ems, unless Lend�r pay�Borrower interes�on the Funds and
<br /> Applicable Law permits Lender to mai�e such a charge. Unle�s an agr�emen� is made in wri�ing or
<br /> App��cable Law requires in�erest ta be pa�d fln the Funds, L.ender sha11 no�be requ�red to pay Barrower any
<br /> interes�or earnings an the Funds. Barrower and Lend�r can agree in vvr��ing, however, �ha��nterest sha11 be
<br /> paid on�he Funds. L�nder sha�1 gi�e to Borravv�r, with�u�charge, an annual accounting of�he Funds as
<br /> requ�red hy R�SPA.
<br /> �f�here is a surp�us of Funds held in escrow, as defined under RESPA, L�nder shali account to Borr�wer fflr
<br /> �he�xcess fun�s �n accordance vvith RESPA. �f there is a shortage af Funds held in escrflw, as defined under
<br /> R�SPA, Lender shali notify Borrower as required by R�SPA, and Borrawer shai�pay�o Le�der�he am�un�
<br /> necessary to make up the shor�age in accordan��wi�h RESPA, �u��n na m�re than �2 manth�y payments. �f
<br /> �here is a deficiency�f Fund�held �n escrov�r, as de�ined under R.ESPA, Lender sha�i notify Borrower as
<br /> N�6RASKA-Single�amily-�annie Ma�l�reddie Mac UN[�ORM 1NSTRl1MENT �orm 3�28 110�
<br /> VMP� VMP6[NE�[1302}
<br /> Wolters Kluw�r Financia!Ser�i�es Page 5�f�7
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