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<br /> An�r app���at�on of paymen�s, insuranGe pro�eeds, ar Miscellaneaus Proceeds to pr�nc�pa� due under�he N��e
<br /> shal�na�ex��nd or pastpone�he due date, ar change the amaunt, of�he Periodic Payments.
<br /> 3. Funds for Escrow Items. Borrower shall pay to L�nder on the day Periodi�Payments ar�due under the
<br /> Nfl�e, unti�the Note is pa�d in full, a sum�th� "Funds"} t�prov�de for payment of amounts due for: �a�taxes
<br /> and assessments and o�her i�ems which can a��ain priority��er this Se�ur��y�ns�rument as a�ien or
<br /> encumbrance on�he Proper�y; �b}�eas��.a�d pa�ments or graund rents on th�Prop�r��, if an�; (c}premiums
<br /> for any and ali insuran�e required by Lender under Sec�ion 5; and �d}M�rt�a�e Insurance pr�miums, if any,
<br /> or an�sums payabl�by Barrower t❑ Lender in l�eu vf th�pay�nent�f Mortgage�nsurance prem�ums in
<br /> accordan�e with the provisions of Section ��. Thes��tems are called "Escrow��em�." At arig�nation�r at
<br /> any time during�he terrn of�he Loan, Lender rnay re�u��re�hat Ca�rununi�y Assaciat�on Dues, Fees, and
<br /> Assessments, �f any, be escrowed by Barrower, and such dues, fees and assessmen�s sha�l be an Escrfl`nr
<br /> Item. Borrower shali promp�Iy furn��h�o Lender all no�ice5 af amounts ta be paid under�his Sect�on.
<br /> Borrawer sha�i pay Lender the Funds for Es�r�w Iterns un�ess L�nd�r wa�ves Borrovver's abl�gat�an to pa�
<br /> �he�und�f�r any�r all E�crow Items. Lender ma�wai�e Borr��er's obl�ga�ia���o pay ta Lender Funds far
<br /> any or all Escrow Items at any tirn�. Ariy suGh wa�ver may only be in writ�ng. In�he even�of such wai�rer,
<br /> Borrower sha��pa�r d�rect�y, when and�vhere payahle, �h�am�unts due far any Escraw��ems for wh�ch
<br /> payrnen�of Funds has been wa�ved by Lender and, if Lender requ�res, sha11 furn�sh��L,�nder r�ceipts
<br /> e�id�neing su�h payment w�t��n such��rne per�od as Lender may r�quire. Borrawer's obiigation�a nlal�e
<br /> such payments and to pr�vide r�c�ip�s sha.l� for all purpQses be d�em�d�o be a�ovenant and agreemen�
<br /> contained �n�h�s 5ecurity�nstrument, as the phrase "co�renant and agreemen�" is use�l in 5���:i�n 9, If
<br /> B�rr�wer is obligated t�pay Escrow��ems direc��y,pursuant to a�raiver, and Borrower fails�o pay�i�
<br /> arnvunt due far an EsGr�w It�m, L,ender may e��rc�s�its rights under Se�t�on 9 and pay such amauni.and
<br /> �orr�wer sha���hen�e o��igated under Sec�ion 9 t� repay t�Lender any su�h amaunt. Lend�r may revol�e
<br /> the waiver as ta any or all �scra� ��ern�at an� �im�by a not��e g��en in accordanc�wi�h Section 1 S and,
<br /> upan such revocati�n, Borrower shall pay�o Lender al�Funds, and�n such amaun�s, tha�are then requ�r�d
<br /> under th�s Sec�ian 3.
<br /> L.,ender may, a�any�.ime, col�ec�and ho�d Funds zn an amaunt�a} sufficient�a permit Lender ta app�y the
<br /> Funds at the�ime specif�ed under RESPA, and�b}not��exc�ed th�max�mum amaunt a lender can r�qu�r�
<br /> under RESPA. Lender�hali est�mate the amaunt af Fund�due on�he basis vf curr�nt data and reasonable
<br /> estimates of e�pend�tures af fu�ure Es�row �tem�or o�h�rwise in accardance with Applicable Law.
<br /> The�unc�s s�a��be�ie�d in an�ns�rtution w�ase��pos��s ar�insur�d b�a federa�agenc�r, instrumen�a�x��, or
<br /> en�it��includ�ng Lender, �f Lend�r�s an�nstitution�vhose depos�ts are s��n�ured}ar in any Federai Home
<br /> Loan Bank. Lender shali app�� the Funds to pay�he Escravv��ems no�ater�han�h��irne spec��ed under
<br /> RESPA, Lender shall not charge Borrow�r f�r ho�din�and appi�ing the Funds, annua�ly analy�ing the
<br /> escrow accoun�, ar verifying the Escro� Items, un��ss Lender pays Barrower int�rest on the Funds and
<br /> Appl�cab�e Law perm��s Lender to make such a charge. Unless an agreement�s made�n writing or
<br /> App���able Law requir�s�nteres�to b�paid an the Funds, Lender shali not be required�o pay Borrov�er an�
<br /> in�erest or earnings�n�he Funds. Barrawer and Lender can agree�n writ�ng, however, ��.at�n�eres�sha��be
<br /> paid on the Funds. Lender shall�i�e to Borrav�er, w��hau�charg�, an annual accoun�ing of the Funds as
<br /> requ�red�y�ES�A�.
<br /> �f there is a surpius of Funds he�d in escraw, as d�fined under RESPA, Lender shall ac�oun��o Borrower far
<br /> the excess i�.nds in accardance with RESPA. �f there is a shor�age�f Funds he�d in escraw, as defined under
<br /> R.ESPA, I.ender shai�not�fy Borrower as required b�r RESPA, and Borrow�r shall pay�a Lend��r the amaun�
<br /> necessary to make up�he shar�age in accardan�e wi�h RESPA, bu� in no more than 12 m�nthly paymen��. �f
<br /> there is a def�c�enc�r af Funds he�d �n escrow, as def�n�d under RESPA, Lender shail no�ify Borr�wer as
<br /> NEBRASKA-Single Family-Fannie MaelFreddie Mac UNi�ORM iNSTR(JMENT F�rm 302$IlD1
<br /> VMP[�] VMPS�NE}(1302}
<br /> Wolters Kluwer Financial Ser�ices Page 5 0#7 7
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