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��15�454�
<br /> Any appl�cation�f payrnen�s, insurance proceeds, or Miscellaneaus Proceeds to principal due under the�ote
<br /> sha�� no�ext�nd or p��tpone�he due da�e, or change the amaunt, of�h�Periadi�Paymen�s.
<br /> 3. Funds for Escrow I�ems. Borro�ver sha�I pay to Lender on the day Periadic Payments are due under the
<br /> N�t�, unt�l the Note is paid in ful�y a sum�th� "Funds"} to proWide for paym�nt of amoun�s due for: �a}ta�.es
<br /> and a�sessments and other�tems u�h��h can at�ain prior�ty o�er�h€s Security Ins�rumen�as a�ien or
<br /> encumbrance on�he Proper�y; �b��easehold payments or ground rents on�he Propert�, if any; �c�premiums
<br /> for au�y and a11 insurance required by I.�nder under Section 5; and�d�Mflrtgage�nsurance pr�miums, �f any,
<br /> or any sums payab��by B�rrower to Lender in l�eu af the pa}�ment of M�r�gage�nsu�ance premiums in
<br /> accarda�ace vv��h�he pravi�ions of 5ectian �0. These items are ca1��d "Esc�ow Items." A��rigination or a�
<br /> any��me during�h�term of the Loan, Lender may requ�re tha��ommun���Assaciation Dues, Fees, and
<br /> Assessrnents, if any, be es�row�d by gorrawer, and such dues, fe�s and asses�ments sha�I be an Escr�w
<br /> Item. Borrower sha�l promp�ly furnish�o Lender a��no���es of amounts�o be pa�d under this Sect�on.
<br /> Borrower shall pa� Lender�he Funds for Escrav� I�erns unless L,�nder wai�es Borrower's o�Iigat�on�o pay
<br /> the Fund�for any or ail Escrow I�ems. Lender n�.ay wai��Barrow�r's ob�igat�an�o pay to Lender Funds far
<br /> any or a�l Escr�w�tems a�any t�me. An�such wai�r�r m�a��nly b�in wri�ing. I�t��even�of such waiver,
<br /> Borrower shall pa�r d�re�tly, when and where pa�a�Ie, �he amaunts�ue for any Es�raw l�ems for wh�ch
<br /> payment nf Funds has he�n wai�ed by L.�nder and, if Lender requires, s�.a�� furn.ish�o I.�nder receipts
<br /> e��denc�ng such paymen�within such time period as Lender rnay require. Borrower's abliga�ion to make
<br /> such pa�rrnents and to prov�de receipts shall for a�l�urpose�be deemed t�b�a co�enan�and agreement
<br /> c�ntained in this SeGurity�nstrumen�, as the phrase "eav�nant and agr�ement" is used in Section�. If
<br /> Barrower�s�b�igat�d ta pay Escrow�tems direct�y, pursuant tfl a waiver, and Borrower fa�1s ta pay�he
<br /> amount due for an Escrow I�em, I.ender may ex�rcise ��s rights under Section� and pay such amoun�and
<br /> B�rrower sha���hen be obi�gated under SeGt�an 9 ta r�pay�o Lender any such amaun�. L�nder may revok�
<br /> �he waiver as�o any or all Escr�vv��ems at any�ime by a notice g�ven in acc�rdance v��i�h Sec�ion 15 and,
<br /> upfln such re�vfl�atian, Borrav�er shail pay t� L.,�nder al�Funds, and in such�rnounts, that are�hen requir�d
<br /> under th��Sec�ion 3,
<br /> I.ender ma�, at any time, collecti and hoxd Funds�n an amount�a}suff�c�ent�4 permi�Lender to appl�r�he
<br /> Funds a�the time specif ed und�r R�SPA, and �b� na��o exc�ed the rna�imum amount a l�nder can require
<br /> under RESPA. L�nde�r sha�� estima�e the amount af Funds due�n the basis�f current da�a and reasana��e
<br /> es�imates of expend�tures af future Escr�w�tems ar o�he�-�r�se �n accardance v��th Applica�le Law.
<br /> The Funds sha��be held in an�nstitution�hos�depasi�s are insured by a fede�a�agenc�, instrurnentality, or
<br /> en�ity �including Lender, xf Lender is an ins�itut�on whose depasits are so insured}or�n any Federal Hflme
<br /> Loan Bank. I.�nder shall apply�he Funds�o pay the Escra�r �tems no�ater than�he time speci�ed under
<br /> RESPA. L.�nder sha11 no�charge Barrower for halding and appi�ring�he Funds, annually analyzing the
<br /> escro�u accaun�, or ver�fying�he Escrow��ems, unless Len�er pays Barrower interest on the Fund� and
<br /> App�i�ab�e Law perm��s I.ender to mak�such a charge. Un�ess an agreem�nt is made in writing or
<br /> Appiicable Law requires inter�s�to�e paid on�he Funds, Lender shal�nat be required ta pay Borrow�r any
<br /> int�rest or earni�gs on the Funds. Borrower and Lender can agree in urri�ing, �av�ever, tha�interest sha�l be
<br /> pa�d on the Funds. Lender sha��giv�to Borra�er, v�ithaut charge, ar�annual accoun�ing af the Fund�as
<br /> required hy RESPA.
<br /> �f ther�is a surp�us of Funds he�d�n�scrow, as defin�d under RESPA, �..,�nder sha�� ac�flunt to Borrower f�r
<br /> �he excess funds in accardance vvith RESPA, �f�here�s a shor�ag�of Funds held in escr�w, as def�ned under
<br /> RESPA, L�nder shall notif�Borrower as requir�d by RESPA, and B�rr�►�ver shall pay�o Lender�he arnount
<br /> necessary�o ma.�e up�he shartage in a�cordance w�th RESPA, but�n no mo�e than 1�m�nthly paym�nts. If
<br /> the�e is a de�ciency of Funds held�n escrow, as de�ned under RE�PA, L.end�r shal�na�ify Barrower as
<br /> N�BRASKA-5ingle�amiiy-Fannie MaelFre�3di�Mac UNI�ORM INSTRUMENT �orrn 3�28 11fl1
<br /> VMP Q VMPB[NEf 4130�}
<br /> Walters Kluwer Financial Services Pag�5 of 17
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