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<br /> Any applica�ion of pa�ments, insurance proceeds, or N�iscel�aneous Pr�ceeds to princ�pal due under�he No�e
<br /> shal�not ex�end or postpone the due date, or change the amoun�, of�he Periodic Pa�rnen�s.
<br /> 3. Funds for Escrow Items. Borraw�r shal�pay t� Lender on the da� Peri�dic Paymenfis are due under�he
<br /> Not�, un�il �he N�t�is paid in fuli, a sum�the "Funds"} to pro�ide for paymen�of amoun�s due f�r: �a} taxe�
<br /> and assessments and other�tems�vh�ch can atta�n pr�or�t�aver�his Security �ns�rument as a��en or
<br /> encumbrance on the Praperty; �b} leaseho�d paymen�s or ground rents on�he Pr�per�y, �f any; �c�premiums
<br /> far any and all �nsura�a�e required by Ilender under Sec�ion 5; and (d� Mor�gage�nsurance prern�ums, �f any,
<br /> or any sums payab�e�y Borrower to �.ender�n�ieu of t�e pa�ment of�ortgage�nsurance premiums �n
<br /> accordance v�i�h the prov�sions at`Sec�ion ��. These��ems are called "Escrow Items." A�origina�ion or a�
<br /> any t�m�during�he term of�he Loan, Lender may require�ha�Community Assaciat�on Dues, Fees, and
<br /> Assessments, if any, be escrowed t�� Barro��r, and such du�s, fees and assessments sha�I be an Escrovv
<br /> Iterx�. Barrawer shall promp��y furnish�o L�nder a11 notices�f amounts�o be pa�d und�r�his Sect�on.
<br /> Borrouler shall pay Lender�he Funds for Escrow �tems unless Len�.er v�►laives Barrower's ob�xgat��n to pay
<br /> the Funds f�r any ar al� Escrow ��ems. Lender ma�wai�e Borr�wer's a�lxgat��n to pay�o Lender Funds f�r
<br /> any or all �scr�w ��ems at any t�me. An�such u�ai�er may only be in wri�ing. �n the event of such vvaiv�r,
<br /> Borrower sha�l pay direc��y, wh�n and where payable, th�amounts due for any Escrov�r �tems far v�rh�ch
<br /> payment af Fund�has been v�►�a�ved by Lender and, if Lender requires, sha11 furnish to Lender receip�s
<br /> ev�denc�ng such pa�ment v�r�th�n such tzm�period as L.ender may re�u�re. Borrower's ob�igat�on�o make
<br /> such paym�nts and�a pra�ide receipts shali fo�r aI�purposes be deemed�a b�a cflvenan�and agreemen�
<br /> con�ained in this Se�urity Ins�rument, a� �he phrase "co�enant and agreemen�" �s used�n SeCtion 9. �f
<br /> Borrov�aer is obliga�ed t�pa� Escrov� Items direc��y, pursuan�to a waiver, and Barrower fa�ls �o pay the
<br /> amaunt due f�r an Escrow Item, Lender�m.a�exercise��s rights under Section 9 and pa� such amoun�and
<br /> Borrower sha��then be ob��gated under Sec�ion 9 to repay to Lender any such amoun�. Lender may revake
<br /> �he v�a��er as�o any ar all Escrov� I�ems at an�t�me by a no�ice gi�en�n accordance with �e�ti�n �.5 and,
<br /> upan such re�ocat�on, Borrower sha�l pay ta Lender ail Funds, and in such amaun�s, �hat ar�then required
<br /> under�his Se��ion 3.
<br /> Lender m.ay, a�an�t�me, co��ect and hold Funds in an amaun��a} suff�c�ent�o per�m�t L�nder�o appl� the
<br /> Funds at�he�i�ne speci�ed under RESPA, and �b}not to�xceed the ma�imum am.oun�a�ender can requ�re
<br /> under RESPA. Lender sha�l es�ima�e�he amoun�of Funds due on�he basis of curren�data and reasonabie
<br /> es�imates of expenditures of fu�ure Escro�v �tems or otherw�s�in acc�rdance v�aith App�ica�le Law.
<br /> The Funds shal�be he�d in an ins�i�ut�on whose depos��s are in�ured by a federa� agenGy, instrumen�ality, or
<br /> ent�t��includ�ng Lender, �f Lender�s an �nst��u�ian v�hose depos�ts are so insured} ar in any Federa� Ham�e
<br /> L�an Bank. Lender shall appl��he Fun�s to pay the Es�r�w I�ems na la�er�han the���me spec�f�ed under
<br /> RESPA. Lender shali not charge Barr�v�rer f�r holding and applying�he�unds, annually anal�zing the
<br /> escrovv accoun�, or�erify�ng th�Escrovv �tems, un�ess L.�nder pays Borrov�rer interest an�h� Funds and
<br /> Appii�ab�e Law permi�s Lender to�nake such a char��. Uniess an agreemen�xs made�n wri��ng or
<br /> App�icable Lav� requires interest�o b�paid on�he Funds, Lender shall not�e requ�red to pay Borrflvv�r any
<br /> in�eres��r earnings on�he Funds. Borrawer and Lender can agr�e in writing, howe�er, �hat �nterest sha�l be
<br /> pa�d on the Funds. Lender shall g��re�a Borrov�er, wi�hou�charge, an annua�accaunting af�he Funds as
<br /> required�y R�SPA.
<br /> �f�here �s a surplus of Funds heid in escrow, as defined under RESPA, Lender sha�l a�count t� Borrav�er far
<br /> the exc�ss funds �n accordance w��h R��FA. �f�here�s a sh�r�age of Funds held in escravv, as de�ned un�er
<br /> RESPA, Lender sha�� no�ify Borrower as required by R�SPA, and Borr�wer shall pay to Lender�he arnount
<br /> necessary to make up the shor�age in a�cordan�e w�th RESPA, but in no more than �2 manthly paymen�s. �f
<br /> there is a def�ciency of Funds he�d �n escrow, as defined under RESPA, L�nder sha��nfl�ify Borrower as
<br /> NEBRASKA-Single�arr�i�y-�annie MaelFreddie Mac UNI�ORM INSTRUM�NT Form 3�28�101
<br /> VMP� VMP6{N��t'!3d�f
<br /> Watters Ktuwer Financial Ser�ices Page�of 17
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