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<br /> An�appl�ca�ion of payments, insurance pro�eeds, or Miscellane�us Proceeds�o principa� du�under�he No�e
<br /> shaii no�extend or postpone the due date, or change�he amount, of the Periodic Payments.
<br /> 3. F'und5 for Escrow I�ems. Borrower sha��pay to Lender on the day Per��dic Payments are due under the
<br /> N�te, until the Nate �s paid in full, a sum t�he "Funds"} t�pravide for pa�ment of amaunts due for: �a} tax�s
<br /> ar�d assessments and o�her items v�hich can at�ain prior�ty over this Secur��y �nstrumen�as a li�n or
<br /> encumbra�ce on�he Propert�; �b} I�asehold paymen�s or�round rents on�h�Prop�r�y, �f any; �c}premiums
<br /> for an�r and a�.I insuranc�r�qu�r�d by Lender under Sec��on 5; and (d} Mortgage Insuranc�premiums, if any,
<br /> or any sum�.�payab�e by Bflrrower t� Lender in lieu of the pa�m�n�t af Mar�gage�nsurance pr�miums in
<br /> accordance�rith the prov�s�flns af Sect�an ��. These i�ems are called "Escraw ��ems." At or�g�nat�an or a�
<br /> ar�y�.ime during the term of�he Laan, Lender may requi�re fhat Community Ass�c�at�on I3ues, Fees, and
<br /> Assessm�nts, �f any, be es�rawed by Barrov�rer, ar�d su�h dues, fees and assessments shall be an Escrov�
<br /> ��em. Borrower sha���rompt�y furnish�o I.,�nder a�� no�ic�s of amounts to be paid under this Sect�on.
<br /> Borrower sha��pay Lender�he Funds for�scrow �tem.s un�ess Lender�va�ves Bnrr�wer's obliga�ion�o pay
<br /> �he Funds for any flr al� Es�row Items. Lender ma�wa��re Borrov�er`s ob��gation�o pay to Lender Funds for
<br /> any or a�� Escraw ���ms a�any t�me. Any such waiver may�n�y��in writ�ng. �n�he e�ent of su�h wai�rer,
<br /> �orrower shall pa�dire��iy, �vhen and v�here paya���, �he amoun�s due f�r any Escrow�tems far v�rh��h
<br /> paym�nt af Funds has been waived��r Lender and, xf Lender r�quire�, sha11 furnish�a L,end�r receip�s
<br /> e�iden�xng suc�payment wi�h�n such time periad as Lender may require. Borrower's �bl�gatxon��ma�e
<br /> such payments and to provide rece�pts shai� for a�I purpos�s be deemed ta be a covenan�and agreement
<br /> contained �n this Security Instrumen�, as the phrase t'covenant and a�r�ement" is used�n Sec�ion 9. �f
<br /> Borr�wer is a��igated to pay Escrow ��ems direc�ly, pursuan�to a wa��er, and Borrou�er fa��s�o pay the
<br /> amoun�due for an Es�row ��em, L.�nd�r may�x�rcise its righ�s under Sec��fln 9 ar�d pa�such amount and
<br /> Borrower shall �hen be obligated under Sec�ion�to repa�to Lender any such amoun�. Ilender ma�re�oke
<br /> �he waiv�r a�t�any or al1 Escrow I�ems a�an�t�me by a natic�g��en in accardance w��h Sect�on 15 and,
<br /> upan such re�Qca�ion, Borrawer sha11 pay�o I,ender a�l Funds, and in such am.aun�s, �ha�are then r�quir�d
<br /> under�his Sect�on 3.
<br /> I�nder may, at any��me, c��lect and ho�d Funds�n an amaun��a} �uff�c�ent to permit Lender to app��r�he
<br /> Funds a�the time spec�fied under RESPA, and ��} no��o e�ceed�he maxin�.um amaunt a lend�r can require
<br /> under RE�PA. Lend�r shal� estima�e�h.e anzount of Funds due on the basis of current�.ata and reasonab�e
<br /> �stimates of expend�tur�s�f futur�Escr�w �tems�r otherwise in accordanc�with App�icable Law.
<br /> The Funds sha��be he�d in an�nst�tuti�n whose depos��s are insured by a federa� agenc�, instrumen�ality, or
<br /> enti�y �inc�uding I�;nder, �f Lender is an.�ns�xtution�h�se d�posits are so insured}�r in an�r Federal Home
<br /> L�an Bank. Lender sha�� apply the Funds�o pay the Es�raw �tems no Ia�er�han the t�m�e speci�ed under
<br /> RE�PA. Lender shall n�t charge Borrovver for ho�d�ng and app�y�ng th� Funds, annually analyzing the
<br /> escrovv accoun�, or�v�r�fying the Escro� Item�, uniess Lender pays Borrovwer int�rest an the Funds and
<br /> Appl�cab�e Law perm��s Lender to make such a charg�. Un�e�s ari agreemen�is made in wri��ng or
<br /> App���ab��Law requires �n�eres��o be pa�d on�he Funds, Lender sha��no�he requ�red t�pay Borrower any
<br /> interes�or earnings an th�Funds. Borrower and Lender can agree�n writing, how��er, �hat in�erest shall be
<br /> pai�.on�he Funds. Lender sha11 give�a B�rrower, w��haut�harge, an annua� ac�ounting af the Funds as
<br /> requzr�d b�r R�SPA.
<br /> �f�here is a surp�us of Funds heid �n escrow, as defined under RESPA, Lender shaii accoun��� B�rraw�r f�r
<br /> th�excess funds in ac�ordance w��h R.ESPA. �f there is a shor�age of Funds held in escrow, as de�ned under
<br /> RESPA, L�nder sha�l no�ify Borrower as r�qu�red b� RESPA, and B�rrow�r shall pay�� Lender�he a�noun�
<br /> ne�essary ta make up the shor�age in accordance w��h RESPA, bu��n no mare than ��m�n�hly payments. If
<br /> �here is a defxc�ency of Funds held �n escrow, as def�ned under RESPA, Lend�r shall not�fy Borrow�r as
<br /> NEBRASKA-SingE��arr+ily-Fannie MaelFreddie Ma�UNIFqRM INSTRtJM�NT Form 3�28'�1�1
<br /> VMP� VMPfi�NEy t'�3Q2y
<br /> WQlter�Kf�swer Financial Ser�ices Page 5 af 3 7
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