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<br /> Any app�icat�on of pa�men�s, insurance pr�ce�ds, or Miscellaneaus Proceeds��pr�nc�pa� due under the Note
<br /> shall nat ext�nd ar postpone the due da�e, or chang��he amount, af�h�Periodic Payrn�n�s.
<br /> 3. �`unds for Escrow I�ems. B�rro�ver shall pa�to L..�nder on the day Periadic Payments are due under the
<br /> N��e, un�il the Note is pa�d in ful�, a sum��he "Funds"} ��provide f�r payment of amaunts due for: �a} taxes
<br /> and ass��sments and ath�r items which can at�ain priority�ver th�� Security Ins�rument as a l�en ar
<br /> encum�rance�n the Proper��; �a}�easeho�d payments ar ground rents an th�Proper�y, if any; �c}premiums
<br /> fflr any and all insuran��required by L�nder under Sec�ion 5; and �d} Mart�a���nsurance prem�ums, if any,
<br /> or an� sums pa�able by Borrowtr t�L�ender�n��eu of�he payment of Mar�gag��nsurance prem�ums �n
<br /> accardance with the pro�is�ons�f Secti�n ��. These item.s are cailed "Escrow �terns." At arigination or at
<br /> any��me during�he term af the Loan, �ender rnay r�qu�re�hat �ommun�ty Asso�iati�n Dues, Fees, and
<br /> Assessmen�s, if any, b�escrowed by Barrawer, and such dues, fe�s and assessments shall�e an Escraw
<br /> ��em. Barrower shal�promptly furnish to Lender a��not�ce�of amaunts to be pa�d under�h�s Sect�on.
<br /> Borrower shal�pay Lender th�Funds for Escraw Items un�ess Lender wa�v�s B�rr�w�r's�bligation��pay
<br /> �he Funds for any or a�� Es�raw �tem.s. Lender may wai�e Borro�ver's obligat�on�o pay�o I,ender Funds for
<br /> any or all Escrow �te�ms at any �irne. Any su�h wa��er ma�onl�be �n writing. �n the even�af�uch v�ra��ver,
<br /> Borrower shal� pay directly, when and v�►rher�payabie, �he amoun�s due for any Escrow �tems for which
<br /> pay�nent of Funds has been waived by L�nder and, if Lender r�qu�res, sha�i f'urnish ta Lender receipts
<br /> e�iden�ing such paym�nt wi�hin such tim�.e per�od as Lender ma� requ�re. Borro�nrer's obl��a�ion t� make
<br /> such pa�ments and�o prov�de receipts shall far all purposes b�deem��t��e a ca�enan�and agre�ment
<br /> contain�d �n th�s Se�urity Instrument, as the phras� "ca�enant and agreement" is us�d in Sec�ian 9. �f
<br /> Borrav�er is�b��ga�ed�o pay Escrflw �tems directly, pursuant ta a waiver, and Borrower fails to pay the
<br /> amoun�due far an�scro�v �tem, Lender may exerc�se its righ�s under�ection 9 and pay su�h amaunt and
<br /> Barrower shall then be ab���ated under Sec�ion 9 to repay�o Lender any such amount. Lender rnay re�ake
<br /> �he wai�er as to any or al1 Escrow �tems at any time�y a na��ce g��en in accordance�v��h Section �5 and,
<br /> up�n such re�ocat�on, Borraw�r sha��pay ta L�n�.er all Funds, and in such amounts, that are then requ�red
<br /> under this Secti�n 3.
<br /> Lender may, a�any�ime, �o���ct and hold Funds in an amount �a} suff�cient ta permit Lender to app�y�he
<br /> Funds a�th��ime specified under RESPA, and (b} no�t� e�ce�d the maximum amount a lender can require
<br /> und�r R�SPA. Lender sha11 �stimate the amount of Funds due on the bas�s of current da�a and reasonab�e
<br /> estima�es of expenditures of future Escrow ��ems�r o�herv�ris� in accordance w��h App�icab�e Law.
<br /> The Funds sha�l �e h�ld �n an instx�u��an vvhos�d�pos�ts are �nsured by a federai agen�y, instrumen�ali�y, or
<br /> entity �inc�ud�ng LFender, if L�nder�s an�n�titutian who�e depos�ts are so �nsured�ar in any Fed�ral Hflme
<br /> Lnan Bank. Lender sha�l appiy the Funds to pay�he Escr�w I�ems no �ater than the time specified under
<br /> RESPA. Lender shall not�harge Borrower f�r halding and app�y�ng�he Funds, annual�y analyz�ng the
<br /> escraw acc�un�, or verifying�he Escrow Items, unless Lender pays Bnrrow�r inter�st on the Funds and
<br /> Applicabl�Law p�rm��s Lend�r�o make such a charge. Unless an agreem�.�nt��made in writing�r
<br /> Appli�able Law requ�res �nt�rest to be pa�d on the Funds, L�nder shall no�be requ�r�d ta pay B�rrower any
<br /> interest ar earnings on the Funds. Borrawer and Lender can agree in writing, however, tha�in�er�st �hall be
<br /> pazd on the Funds. Lender�ha�� g��v�to Bflrr���r, �rith�ut charge, an annual acc�unting of the Funds as
<br /> required b�r RESPA.
<br /> �f�here is a surplus of Funds held in escrow, as de��n�d und�r RESPA, Lender shall account to Barrawer for
<br /> �h�excess funds in accordance w�th RESPA. If th�re is a shortage of Funds held in esGraw, as def�ned under
<br /> RESPA, Lender shal�notify Borrower as requ�red by RESPA, and Borrower shal�pay t� Lender the arnaunt
<br /> n�ce�sary to make up the shar�age in ac�ordance w��h RESPA, bu� �n no more than 1�mnnthly payments. If
<br /> ther��s a defic�er�cy�f Funds held in�scrow, as de�ned under RESPA, L�nd�r sha�� notify Borrflwer as
<br /> NEBRASKA-Singfe Family-Fannie MaelFreddie Mac UNl�ORM iNSTRUM�NT Fvrm 3028 1101
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<br /> Wot�ers Kluwer�inancia!5�r�i�es Pag�5 of 17
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