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��15�1SS1
<br /> may require.Barrov�er���bligation t�make su�h payments and ta provide receipts sha11 for all purpvses
<br /> be deemed to be a co��nant and agreement contained in this Security Instrument,as the phrase"covenant
<br /> and agreement" is us�d�n Se�tion 9. If Barrav�er is obligated to pay Es�row Items directly,pursuar�t to
<br /> a waiver, and Borrower fa.ils to pay the amount du�f�r an�scro�Item,L�nder may e�ercise its ri�hts
<br /> under S��tion 9 and pay 5u�h amvunt and Borrawer sha�l then be obligated under Section 9 to repay to
<br /> Lender any such amount. Lender may re�oke the waiver as to any ar a11 Escro�Items at any ti.me by a
<br /> noti�e g�ven in a�cordance w�th �ection �5 and,upon such re�ocation,Borrower shall pay to I�ender a11
<br /> Funds,and�n such amounts,that are then required under this Sectivn 3.
<br /> Lender may,at any time,�allect and hold Funds in an amaunt(a} suf�'ic�ent to permit Lender to apply
<br /> the Funds at the time spe�ified under RESPA, and(b}not ta exceed the maximum amount a lender can
<br /> require under RESPA. Lender sha11 estimate the amount of Funds du� on the basis of current data and
<br /> reasonable estimates af e�p�nditur�s of future Escr��Items�r otherwise in a�cordance v�ith App�icable
<br /> Law.
<br /> The Fur�ds shall b�held in ax�institution whose deposits are insured by a federa�agency,in�trumentality,
<br /> or entity(includin� Lender,if Lender is an institution�hose deposits are so ir��ured}or in any Federa.l
<br /> Home Loan Bank.Lender shall apply the Funds to pay the Escrow Items no later than the time sp�cified
<br /> under RESPA.Lender shall not charge Lorrflwer for ha�ding and apply�ng the Funds,annually anal�zing
<br /> the escrov�account,or verifying the Escrow Items,unless I�ender pays Borrov�er int�rest�n the Funds
<br /> and Applicable Lav�permits Len�l�r t�ma�e such a charge. Un�ess an agr�ement is made in writing or
<br /> Appli�abl�Lav�requires interest to be paid an the Funds,Lender sha11 nat be r�quired to pay Borro�ver
<br /> any interest or earnings on the Funds. Borrov�rer and Lender can agree in writin�,how�v�r,that int�rest
<br /> sha�l be pa�d on the Funds. Lender sha11 give to Borrov�er,v�ithout�harge,an annual ac�ounting of the
<br /> Funds as required by RESPA.
<br /> If there is a surplu�of Funds held in�s�row,as defined under RESPA,Lender sha11 ac�ount t�Eorrower
<br /> for the excess funds in a�c�rdance with RESPA.If there is a shortage of Funds h�id�n escr��v,as defined
<br /> und�r 1�ESP�,Lender shall not�fy I3�rro�ver as required by RESPA,and Borro�ver sha11 pay to Lender
<br /> the amount ne�essary to make up the shortage in ac�ordance vvith RESPA,but in no more than 1�monthly
<br /> payments. If th�re i�a d��i�ien�y of Funds held in�s�row,as defined und�r RESPA,Lender sha11 notify
<br /> Borrower as requir�d by RESPA,and Borrower shall pay to Lender the a,mount necessary to make up
<br /> the deficiency in accordance v�ith 1�ESPA,but in na more than 1�monthly payments.
<br /> Up�n payment in full of a11 sums se�ured�y this Se�ur�ty Instrurrient,Ler�d�r sha,ll�romptly refund t�
<br /> Borrower any Funds he�d by Lender.
<br /> 4. �harges; Liens.Barrower�ha11 pay all taxes,assessments,charges,fu�es,ar�d impnsition�attributa�le
<br /> to the Prop�rty which�aa�attain priority over this S�curity Instrum�nt,l�asehold payments or�round
<br /> rents�n the Prop�rty,if any,and�ommunity Associatian Dues,Fees,and Ass�ssments, �f a.ny. To the
<br /> ext�nt that these items are Es�rov�Items,Borrov�er sha�l pay them in the ma,nner pr�vided�in SeGtion 3.
<br /> Borrower shall prornpt�y d�scharge a�y lien v�hich has priority over this Se�urity Instrument unless
<br /> Borrov�rer: (a}agrees�n�rrit�ng t�the payment af the obligation secured�y the lien in a manner accepta.ble
<br /> to Lender,but only so long as Borrawer is performing such agreement;��}contests t�ie lien in good faith
<br /> by,or defends aga�nst enforcen�ent af the lien in,legal proceedings�vhi�h in Lender's opinion o�era.te
<br /> HGFG-00359
<br /> NEBR►4SKA-Single Family-Fannie MaefFreddie Mac LlN{F�RiV!�fVSTRUMENT Form 302811�1
<br /> ��p� 081'!4
<br /> lilfoiters Klu►,ver Financial Services 2015�3184.�.�.2815-J2D14'1�28Y Page 5 af 17
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