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<br /> An�app�ica��on of payments, �nsuran�e proceeds, ar Misceilaneous Proceeds to principa� due under the N'ote
<br /> shai� not extend or p�stpane the due date, or change�h�amount, af�h�Periodic Pa�ments.
<br /> 3. Funds for�scrow Items. Borrov�rer shail pay to Lender on�he da� Periodic Paym�nts are due under�he
<br /> No�e, un�il �he N�te�s paid �n fuil, a sum(�he "Funds"} tfl prov�de f�r payment af amounts due f�r: �a} taxes
<br /> and assessments and other items v�rh�ch�an a�ta�n pr�or��y over this Secur�ty Instrument as a�ien or
<br /> encum�rance on the Proper�y; �b} l�aseho�d payments flr ground r�nts on the Proper�y, if any; �c�prem�ums
<br /> f�r an�r and a�� insurance required by Lender under S�ction 5; and�d} M�r�gage Insurance prem.iums, if an}�,
<br /> ar any sums payable�y Borro�nrer to L�nder�n�ieu of the payment of Mor�gage Insurance premiums in
<br /> accordance with the pra��s�on�of Section �0. These��em�.s are ca��ed "Escrow Items." A�originat�on or a�
<br /> any time during the term of the Loan, Lender may require�hat Cam�munit�Assoc�atian Dues, �ees, and
<br /> Assessments, if any, be escr�v�ed by Borrower, and such du�s, fees and assessments shail be an Escrow
<br /> I�em. Borrower sha11 promptly furn�sh to L.�nd�r a11 n��ices of amounts t�be paid under this Section.
<br /> Borrower sha��pay Lender th�Funds for Escrow �tems un�ess Lender wa��es B�rrower's obl�ga��on�o pa�r
<br /> the Funds far any or a�i �s�row Items. Lender may waive Borrower's�bligat�an��pa�to Lender Funds f�r
<br /> an�or a11 Escrow Items a�any time. Any such wa�ver may anly be�n writing. In the e�ent af such waiver,
<br /> Borro�rer sha��pay d�rect�y, v�rhen and where payable, �he amounts due for any �scraw �tems far which
<br /> pa�ment of Funds has been waived by Lender and, if Lender requires, shall furnish to Lender rece�pts
<br /> eviden�ing such payment within such time period as Lender may r�quire. Borr�wer's obl�ga�ion�a make
<br /> such paymen�s and�o pro�ide receipts shall for a�� purposes be deemed�o be a covenant and a�reement
<br /> c�nta�ned�n�h�s S�curi�y �nstrum�nt, as the phrase "co�enant and agr�ement" xs used in Se�tion 9. �f
<br /> Borrov�er is abligat�d��p�y Escrov�a �tems directly, pursuar���o a v�aiver, and Borrawer fails to pa� the
<br /> amount due for an Escr�w Item., Lender may exercise xts rights under Secti�n 9 and pay such amount and
<br /> Borrower sha�� then be�bl�gated under Section 9 to repay to Lender any such anzount. Lender n�.ay rev�ke
<br /> �he waiver as �o any�r ali Escr�v� Items at an���me by a no�ice g��en�n ac�ordance with Sect�on �5 and,
<br /> upon such rev��at�on, Borrower shal�pay to Lend�r al� Funds, and in su�h amounts, tha�are then required
<br /> under th�s 5ect�on 3.
<br /> Lender may, at any time, �oll�ct and h�ld Funds �n an amoun� �a} suf�c�en��o perm�t Lender�o apply�he
<br /> Funds at�he�ime specified under RESPA, and �b�n�t to exceed the maximum amount a Iender can require
<br /> und�r RESPA. Lender sha�l est�mate the amoun�of Funds due on the basis of current data and r�as�nab�e
<br /> es�imates of expend��ures of future Escro� I�ems or o�herwise�n accordance w�th App�icable Law,
<br /> The Funds sha11 b�heid �n an ins�i�ution whose deposits ar� �nsured b�a f�deral agency, instrum�ntality, �r
<br /> enti��r ��nciud�ng Lender, �f Lender�s an�ns�xtut��n wh�se deposi�s are s� �nsured} or�n any Federal �3ome
<br /> Loan Bank. Lender shai� app�y the Funds�o pay�he Escrow Xt�ms no �ater t�an�he���me specif�ed under
<br /> RESPA. Lender shai� not charge Borrower f�r hoid�ng and appl�ing�he Funds, an�nua��y ana�yzing �h�
<br /> escraw a���unt, or��rif�ing the�scraw �tems, uniess Lender pays Borrower int�rest on the Funds ar�d
<br /> Applicab�e Law pernuts Lender�o make such a charge. Un�ess an agreenzen�is made in v�rr��ing�r
<br /> Applicahle Law requires �r�teres�to be paid on�he Funds, Lender shal� not be required to pay Borrower an�
<br /> �n�erest or earnings an�he Funds. Borrower and Lend�r can agree in writing, hovve�er, that int�r�s� shall be
<br /> pai�on�he Funds. Lender sha��gi�r�to gorraw�r, withou�charge, an annua� accounting of'the Funds as
<br /> r�qu�red by RESPA.
<br /> �f�here�s a surpius of Funds held in escrow, as def�ned under RESPA, Lender shall ac�oun�to Borrower for
<br /> �h�excess funds in accordance with RESPA. �f ther�xs a shor�a�e of Funds held �n escr�w, as def�ned under
<br /> RESFA, Lender shall notify B�rrower as required by RESPA, and Borrower shall pay�o Lender the amount
<br /> necessar� t�make up�he sh�r�age�n accardance w�th RESPA, but in no more thar� 12 m�nthly payments. �f
<br /> �here �s a defic�ency af Funds he�d in�scrovv, as defined under RESPA, Lender sha1�not�f� Borr�wer a�
<br /> NEBRASKA-5ingle Family-�anr�i�Mael�reddie Mac UNIFORM INSTRUMENT Farm 3�28 11�1
<br /> VMP[�; VMP6tNE}�13fl23
<br /> Walters Kluwer Financial 5er�ices Page 5 af 17
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