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��15�199�
<br /> n a li�ation of vments, insurance proceeds, or M�sce�laneous P'roceeds to principa�due under the 1�Tote
<br /> A► Y Pp �-
<br /> sha11 not etitend or postpone the due date, or chan�e the amaunt, of�he Penodic Pa�Tmen�s.
<br /> f r Escrow Items.Borro�er sha�l pay to Lender�n the day Periodic Payments are due under the
<br /> 3. Funds o
<br /> N te until the N�te i5 aid in fu1�, a sum�the}'Funds"�to provide for payment of amounts due for: �a)taxes
<br /> o , p
<br /> and assessmcnt�and vthcr itcros which can attain priariiy �vcr this Securit�•Instrument as a�icn or
<br /> cncum�rancc�n thc Property; �U}l�aschold paymcnts or ground r�nts on thc Propertv, if any, {c}prcnuurns
<br /> n and aIl ir�surance required b_y Lender under Section 5; and�d}Mortgage Insurance pren�uums. 1f anY,
<br /> for a y
<br /> or an� sums � a�le b�'Borrov�'er to Lender in lieu af the payment of Mortgage lnsuran�e premiums 1n
<br /> y PY
<br /> accordance with the pro�isions of Section 1 U. These items are�alled"Escrow Items." At o rig�nat1on a r at
<br /> � 'm durin the term�f the Laan, Lender ma�r require t h at Communi t�'Ass o c l a t i�n D u e s, F e e s, a n d
<br /> an� tx e g
<br /> Assessmen�s if an�, �e es�ro��ved by Borr4��er, and such dues, fees and assessments sha11 be an Escrow
<br /> Item. Borrawer shall romptly furnish ta Lender all nv�ices of amounts to�e paid under this Section.
<br /> p
<br /> B rrower sha11 Lender the Funds for Escra���tems unless Lender wa�ves Borro��er's obligation to paV
<br /> a PaY
<br /> for anv or all Escraw Items. Lender may waive Barrower's abligation to pay�to Lender Funds for
<br /> the Funds r
<br /> • � •11 Escraw Items at ar��tim�. Any su�h tivaiver m�y only be in�vriting. In the e�ent of such wai�er,
<br /> an� ar d y
<br /> r sh�11 d directl , wher1 a��d where paya�ble, the a�nott�its due for�ny Escraw Ite�Y�for r���u�:h
<br /> Barrar�ve p y Y
<br /> ���r�e nt�f F unds�la.s beeY�waived�y Le nder a zzd, i f Lender requi res, s��a11 furn rs�1 ta Le r�d�r re�eipt s
<br /> pa}
<br /> '� such a rnent withi�l s��ch ti�ne period as Lender mav requ�re. Borro�ver's obligation to xnake
<br /> ev�den��x g P Y
<br /> ch avments and to provide receipts sha11 for all purposes be deemed to be a covenant and agreement
<br /> su p r
<br /> �n�his Securi Instrument, as the phras� "coti'enant and agreement" is used in 5ectlon 9. If
<br /> conta1ned tY
<br /> i o�li atcd to �Escrow Items directly, pursuant to a��aivcr, and Borrov�cr fails to pay�hc
<br /> Borrowcr s g p�
<br /> amount duc
<br /> far an EsGrov�Itcm, Lcnder rna�cxcr�i�c its right�undcr Soct�on 9 and pay such am�unt and
<br /> 1 then be o�li ated under Sect�on�to repav ta Lender any su�h amount. Lender m�T rev�ke
<br /> Sorrower shal g
<br /> � ' � r s to an or all Escra�v items at any time�y a n�tice g�ve�in accordance wlth 5ection 15 and.
<br /> the v�an e a y
<br /> �ocatian Borrvwer shall pay to Lender all Funds, and in such amounts, that are then reqtured
<br /> upon such reti ,
<br /> under this Section 3.
<br /> t -time collect and hald Funds in an amount�a}sufficient to permit Lender to apply the
<br /> Lender rnay, a any ,
<br /> n s at the time s ecified ur�er RESPA, and�b� not to e�:ceed the maa�itnum amaunt a le�ader can requ1re
<br /> Fu d p
<br /> undc r RE SP A.
<br /> Lcndcr sha11 cst�matc thc amaunt�f Funds duc on thc basis of currcnt data and reasonablc
<br /> tcs 4f c. nditures�f fu�ure Escrow itcros or oth�n�visc�n accordancc witl�Applicablc La�v.
<br /> C5�1ITia. �
<br /> Tite F��nds
<br /> shail be���1d i�i a�i i Y1si iii�tifl�1 w�iose depfl s its a re i�ist�red by a federal age�1�Y a 1Y��t n�Yne��ial iiy, ❑r
<br /> '�c�udin Le��der if Lei�der i s an i nstiri�tioi�whase depa sits a re sa x nsured)o r i n any Fede r�l Ho me
<br /> ent��y (�� g �
<br /> . Lender sha.11 a ly the Funds to pay the Escra��v It�ms no later than the time specified under
<br /> Laan Bank I�.
<br /> nder shall not char e Borrawer fo r holding and appl�ing the Funds, annually analy zing the
<br /> RE SP A. Le g
<br /> 4r veri •in the Escr�w Items, unless Lender pays Borrav�'er interest on the Funds and
<br /> escrow acc�unt, �y �
<br /> lica�le Law ermits Lender to make such a�harge. Unless an agreemen�is made 1n writing vr
<br /> App p r Borrowcr an
<br /> A lica�lc Law requires in#�rest to bc paid 4n thc Funds, Lcndcr shall not bc rcquircd to pa� Y
<br /> Pp
<br /> 'n s�n thc Funds. Borrowcr and Lcn+dcr can agrcc�n writing, howc�Tcr, that lntcrest shall bc
<br /> �ntcrest or car�u g
<br /> e Funds. Lender sha.11 give to Borrower, w�th�ut charge, an ar�nual a.ccounting of th�Funds as
<br /> paid an th
<br /> required by RE SP A.
<br /> 1 s of Funds held in escro��v, a�de�ned un�er RESPA, Lender shali account to Borrower f�r
<br /> If th�re xs a surp u
<br /> in accor�ance�vith RESPA. If there is a shor�age of Funds held�n es�row, as defined ux►der
<br /> the e�cess funds tv Lender the amaunt
<br /> RESP A, Len�er sha�l notify Barrov�er as required by RESP A, and Borrow er shall pay
<br /> thc shor�a c in accordancc with RESPA, but in no m�rc than 12 manthly paymcnts. If
<br /> ncccssary to makc up �
<br /> r is a deficicn�y of Funds hcld in cscrow, as dcfincd undcr RESPA, Lcndcr shall notif��Box�'�wcr as
<br /> thc c .
<br /> ���a���4ss D U6NE
<br /> Form 3D28 1 J�1
<br /> NEBRRSKR-5�ngle Famtily-Fan�ieMaelFreddie Ma�I�NIF�RM INS�RtJMB�fT VMp6�NE;�13�2�
<br /> V A�P(� Page 5 of 17
<br /> Wolters Kluwer Finan�tal SeNices
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