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<br /> "�ovenant and agreement" is used in Sectian 9. �f Borrower is obli�ated ta pay Escrv�v �tems directly, pursuant tfl
<br /> a wai�er, and Barr�wer fai�s ta pay the amount du�far an Es�row Item, Lender may�xer�ise its r�ghts under 5ec�ion
<br /> 9 and pay such amvunt and Borr�wer shal�then be obligated under 5ection 9 to repay t�Lender any such amount.
<br /> Lender may revoke the wai�er as to any or all Escraw Item�at any time by a notiGe g��en in accordanc�with Sect�on
<br /> 15 and, upon such reWo�ation, Bflrrower shall pay tfl Lender aIl Funds, and in such amounts, that are then required
<br /> under this S�ctian 3.
<br /> Lender may, at any time, callect and hold Funds in an amount�a�suff'�c�ent to germit Lender to appiy the Funds
<br /> at th�time specified under RESPA, and�b) not to e�ceed the maximum amount a lend�r can requue under RESPA.
<br /> Lender sha�I est�mate the amount of Funds due vn the basis vf current data and reasonable estimates of expenditur�s
<br /> of future Escrow Items or athervvise in aceordance with Applica��e Law.
<br /> The Funds shall be held in an institutian whose de�osits are insured by a federal agency, instrum�ntal�ty, ar
<br /> entiry �including Lender, if Lender is an insti�ution whose dep�sits are so insured} ar in any F�dera�Home Loan
<br /> Bank. Lender sha11 apply the Funds to pay the Escrov�r Items na Iat�r than the time specified under RESPA. Lender
<br /> shall not charge Borrower f�r halding and applying the Funds, annual�� analyzing the escrnw acc�unt, or�erifying
<br /> th�Escrow Items, un�ess Lender pays Barrov�er interest an the Funds and Applicable Law permits Lender to make
<br /> such a charge. Un�ess an agreement is made in writing or�ppli�able Law reyuires int�rest�o be paid vn the Funds,
<br /> Lender shal�not he required to pay Barrower any interest or earnings on the Funds. Borrower and Lender can agree
<br /> in writing, haweWer, that inter�st shall be paid on the Funds. Lender shal� giWe to Barrawer, withou� charg�, an
<br /> annual ac�aunting of the Funds as required by RESPA,
<br /> If there�s a surplus of Funds held in esGrvvv, as defined under RESPA, Lender sha�� aGcount to Barrawer fvr
<br /> the exCess funds in accflrdance with RESPA. If there is a shortage of Funds held in escrow, as de�ned under RESPA,
<br /> Lender�hall notify Borrower as required by RESPA, and Borrow�r sha1�pay tv Lend�r the amvunt necessary to make
<br /> up the shortage in accardance with RESPA, but in no m�re than ��monthly paym�nts. If there is a de�ciency of
<br /> Funds he�d in es�row, as defined under RESPA, Lender sha��nat�fy Borr�wer as re.quired by RESPA, and Borrower
<br /> shall pay to Lend�r the amvunt necessary ta make up the de�'iciency in accordance with RESPA, but in na mare than
<br /> �2 monthly payments.
<br /> Upon payment in full af a.11 sums secured by this Securi�y Instrument, Lender sha11 promptly r�fund to Borr�wer
<br /> any Funds held by Lender.
<br /> 4. �harg�s; Liens. �orrower shall pay all taxes, assessments, charges, f�nes, and impositions at�ributab�e to
<br /> the Pr�perty which can at�ain prior�ty ��er this 5ecurity InS�rumen�, ieasehald payments or ground r�nts an the
<br /> Prflperty, if any, and�ommunity Assvciation Dues, Fe�s, and Assessments, if any. To the ext�n�that these item5
<br /> ar�Escrvw Items, Borrower sha.11 pay them in the manner pro�ided in Sect�on 3.
<br /> Borrvwer sha11 prvmptly discharge any lien which has priority o�er �hi5 Security Instrument unless Borrower:
<br /> �a}agrees in writing t��he payment af the abligati�n secured�y the Iien in a manner acceptabl�to Lender, but only
<br /> sa Iong as Barrower is perfarming su�h agreement; (b} contests the lien in good fa.ith by, or defends against
<br /> enfvrcement af the lien in, legal proceedings which in Lender's opir�ion operate tv pre�ent the enforcemen�of the lien
<br /> while those proceedings are pending, but only until such praceed.ings are concluded; ar �c) s�cures from the holder
<br /> af th� lien an agreement satisfactory tv Lender subordinating the lien to this Securiry Instrument. If L�nder
<br /> determines that any part of�h� Pr�perty is subject ta a l�en which can attain priority over this Seeurity Instrument,
<br /> Lender may give Bvrrower a noti�e identifying the lien. Within 1D days of the date on which that n�tice is gi�en,
<br /> Borrower shal�satisfy the lien�r take one or more of the a�tions s�t farth abaWe in this Sect�on 4.
<br /> Lender may require Borrower�o pay a one-time charge for a real estate tax�erificati�n andlor r�porting ser�ice
<br /> used by L�nder in cc�nnectivn with this Loan.
<br /> 5. Praperty Insurance. Borrawer shall keep the impravements naw existing �r her�after erected❑n the
<br /> Property insured against loss by fire, hazards included within the term "extend�d co�erage," and any�ther hazards
<br /> including, but not lim�ted to, earthquakes and floods, for which Lender requir�s insuranc�. This insurance sha�I be
<br /> maintained in the amountS �including deduc�ibie le�els) and for the periods that Lender requires. VVhat Lender
<br /> requires pursuant to the pr�ceding sentences can change dur�ng the term of the Laan. The insurance�arrier pro�iding
<br /> the insurance shall be chosen by Borrower su�ject to Lender's right to disappro�e Borrt�w�r's choice,�hi�h right sha11
<br /> NEBRASKA--Single Fami�y--Fannie MaelFreddie llAac UNIF�RM I�STRUNIENT- MERS �����
<br /> Form 342$ �1�� Pag e 5 vf 15 w ww.do�magi�.com
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