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��15�1915
<br /> Any appl�cation of pa�ments, insurance proceeds, or Mis�ellaneous Proceeds to princ�pa� due under�he Note
<br /> shall not ex��nd or postpone�he due da��, or change the am�unt, of the Period�c Pa�ments.
<br /> 3. �'und�far E�crow I�ems. Borrov�er shall pa�to Lender�n�he day Periodic Payments are due under�he
<br /> No�e, un�il the Note is paid in fu11, a sum�the "Funds"} �o pravide for payment of amaunts due for: �a} taxes
<br /> and assessments and ath�r items which can at�a�n priari��r o�er�his �ecuri�y �nstrum.en�as a lien or
<br /> encumbrance on�he Prop�rty; (b} leasehold paymen�s or ground rents on�he Property, if any; �c�premiums
<br /> for any and aIl insurance required by Lender under Sectinn 5; and �d} Mor�gage�nsurance prem�ums, if any,
<br /> or any sums payab�e by Borrow�r fio L.ender�n l�eu of the paymen��f Nlor�gage�nsurance prem�ums in
<br /> accarda.nce with the pro�i�ions of Sec�ian �4. Th�se items are ca��ed "Es�rov� �t�ms." At or�g�nation or at
<br /> any�ime during�he term�f�he L�an, Lender m�a� requ�re�ha��orn�muni�y Assa��ation Dues, Fees, and
<br /> Assessments, �f any, be escrowed h�Borrower, and such dues, fees and ass�ssments sha��be an Es�row
<br /> �tem. Borr�wer shall promptly furnish ta Lender alI natices af amounts to be paid un�er this Sec�ion.
<br /> Barro�ver shaii pay Lend�r the Funds far Escrow ��ems un�ess Lender wa��res Borrower's obl�gat�on to pay
<br /> �he Funds for any�r all Escrow �tems. L�nder ma�wai�e Borro�ver's obiiga��on�a pa�r�a Lender�unds far
<br /> an�or a1� Escrow �tems at any time. Any such waiver ma�aniy be�n wr�ting. In the e�ent of such wai�er,
<br /> Barraw�r shall pay d�re��i�r, when and where payab�e, the an�ounts due for an� Escrnw ��ems for whi�h
<br /> payment af Funds has been waived by Lender and, if I,ender requ�res, sha�� furn�sh to L�nder receipts
<br /> ev�dencing such paymen�with�n such time peri�d as Lender may r�qu�r�. B�rro�rer's�b��ga��on�o make
<br /> such payn7ents and to pro�ride receip�s sha�� for a�i pu�poses be deemed�o be a covenant and agreemen�
<br /> �ontained in this Securi�� �ns�rumen�, as�he p�irase "co�renan�and agreement" is used in Section 9. �f
<br /> Barrower is obligat�d to pa�Escro�v I�ems dir�ct�y, pursuant�o a wai�er, and Borrow�r fa�ls ta pay th�
<br /> amount due for an Es�r�w �tem, Lender ma�exercise its rights under Sec�ion 9 and pay such amount and
<br /> Borrower shal� then b�o���gated under Sec�ion 9 to repay t� Lender an�such amoun�. Lender may re�oke
<br /> �h�vvai�er as�o any or ali Escrow I��ms a� an�t�me�y a notice�i�en in ac�ordance with Section I S and,
<br /> up�n such revocation, B�rrower sha�i pay to L�nder all Funds, and zn such amounts, that are then required
<br /> under this Section 3,
<br /> L.�nder may, a�any��me, co��ect and ha�d Funds in an amount �a� suf#icien���permit Lender ta apply�he
<br /> Funds at the time specified under RESPA, and�b}no��fl exc�ed the maximum amount a lender can re�uire
<br /> under RESPA. Lender sha��estima�e�he amount of Funds due on�h�bas�s of curr�nt da�a and reasonab��
<br /> estimates of expendi�ures of future Escraw �tems ar otherwise in accordan�e vvi�h App��cab��Law.
<br /> The Funds shal� be�eld in an �nsti�ut�an whase deposz�s are insured by a f�deral agency, ins�rumentaii�y, or
<br /> ent�ty ��n�luding Lender, if Lender is an�nst��ut�on whose depos��s are so �nsured}or�n an� Federal Home
<br /> Loan Bank. Lender sha�� app�y�he Funds ��pay the Escrowv Items no �a�er than�he t�me sp�c�f�ed under
<br /> R.�SPA. L,ender shal� no�charge Borrower for hold�ng and appl�ing�he Funds, annuall� analyz�ng�h�
<br /> escrow accoun�, or�rerifying the Escra�v I�ems, unless L.ender pa�s Borrov�rer�nterest an�he Fu�ds and
<br /> Applicabl�Lav�permi�s Lender to make such a�harge. Un�ess an agreemen��s mad��n v�rr�t�ng nr
<br /> App�ica�le Law requ�res �nteres��o be paid on the Funds, Lender shail not be r�quired�o pay Barrower any
<br /> int�res��r earn�ngs an�he Funds. Borrower and Lend�r can agr�e in wr���ng, howe�er, �hat �n�eres�sha11 be
<br /> paid on�he Funds. Lender shall give to Barrov�er, wi�hau�charge, an annual accounting of�he Funds as
<br /> r�qu�red b� RESPA.
<br /> �f�here is a surplus af Funds he�d �n escrow, as de�n�d under RESPA, L,ender shall accoun��o Borrower for
<br /> the e�cess funds in accordance wi�h RESPA. If�here is a shor�age of Funds he�d �n�scrou�, as defined under
<br /> RESPA, Lender sha11 not�fy Borrovver as required�y RESPA, and Borrower shall pay to Lender the amtiunt
<br /> necessar�to make up�he shor�age in a�cardance�vith RESPA, hut�n no m�re�han ��mon�h�y payments. �f
<br /> �here is a deficien�y of Funds held �n escrow, as detined und�r R�SPA, Lender shail no�if� Barrower as
<br /> NEBRASKA-Singfie Fatni[y-Fannie MaelFreddie Mac UNi�ORM INSTRUMENT ��rm 3�28 11�'�
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