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��15�4573
<br /> Any applicati�n af paymen�s, insurance proceeds, or Miscel�aneous Proceeds to principa�due under�h�No�e
<br /> shall not extend�r p�stp�ne the due date, ar change the amount, of the Period�c Payments.
<br /> 3. Fun�for Escrow Items. Barrourer shail pay to Lender an the day PeriodiG Payments are due under the
<br /> Natie,untrl the l�ote is pa.id�n full, a sum�the "Fu�nds"��o prouid.e for pa�me�n�of amvunts du�for: �a}taxes
<br /> and assessments and.other items which can attain priorit�o�er#his Security Instrumen�a.s a lien or
<br /> �ncurnbrance on the Prope�y; ����easehold paymen�s or ground rents on the Property, �f any; �c}gr�miums
<br /> for any and al.� insuran�e required by Lender under�e�t�on 5; and�d}Mortgage�nsurance prerniurn�, rf any,
<br /> or any surns payable by Bflrrower to I.�nder xn lieu of fhe pa�ment af Niartgage Zn�urance prerniums xn
<br /> accordance�ri�h the pra�isi�ns of Sec�ion I�. 'I�h�se i�ems are called n Escraw Items." At�rigina�tion ar at
<br /> an�r time during�he term af the Loan, Lender may require that�amrnunity Assocxatian Dues, Fee�, and
<br /> Ass�ssments, zf any, be escrvwed by Barrawer, and such dues, fees and assessmen��sha�x he an Escrow
<br /> �tem. Borrnwer shall pramp��y furnish�o Lender atl n�tices�f amounts to be paid under this Section.
<br /> Barrower shall pay L�er�der the Funds for Escraw I�ems unless Lender waives�orrower's obligation to pay
<br /> the Funds fvr an�ar�.I Escrow Itern�. Lender may waive Borro�er's obligation to pay�o L�nder Funds for
<br /> any or all Escro�v Iterns at an�time. Any such wai��r may oniy be in�vriting. In�he event vf such wa.i�er,
<br /> Barrov�rer sha�l pay dxrecxly, when and�h�re pa�rable,�he amvunts due f�r any Escrow Itet�s for�vhiGh
<br /> pa�men�of Funds h.a.s been vvaxved by Lender and, �f Lender reyuires, shall furnish�a Lender receip#s
<br /> e��dencing such paym�nt with�n such�xme gerivd as Lender may require. Borrow�r's abligatxon t�make
<br /> such paymen�s and tv pro�ide receipts shall far all purposes be deemed to be a co�enant and agreement
<br /> contaYned in�his S�curit��nstirument, as the phrase "co�enant and agre�ment" xs used in Sec�ion 9. Zf
<br /> Barr�wer is obliga�ed to pay Escrow Ztem�dir��tly, pursuan�to a wai�er, and Barrovver fails to pay�he
<br /> amaunt due far an Escrow I�em, Lender may e�ercis�i�s r�ghts under S�ction 9 and pa�r such amoun�and
<br /> Borravwer shalx�hen be abXxgated under Se.��ion 9�n repay�v Lender at�y such amoun�. I�nder may revoke
<br /> the�vai�er as to any or al.� Escrow Itern�at an�r time by a z�otice giWen in accordance vvith 5ect�on 15 and,
<br /> upan such re�oca�xon, B�rro�er sha1�pay tv Lender a�I Funds, and in su�h amount5, that are then requir�.
<br /> under�his Sec�ion 3.
<br /> Lender may, a�any�ime, coliect and ho�d Funds in an arnoun� �a}suffcien�ta permi�Lender to apply�he
<br /> Funds a�the time specified under RESP,A►., and(b}not�o excee�i the maximum am�unt a lender can require
<br /> under RE�PA. Lender sha�1 estimate the amount vf Funds due on the bas�s of current data and rea.sonable
<br /> est�ma�es of expenc�ixures of future Escrow I�ems ar otherwi.s�in ac�ardance wi.�h Applicable La�v.
<br /> The Funds sha11 be held in an institut�on whose deposits are insured by a federa� agency, xnstrumentaiity,or
<br /> enti���n��uding Lender, if Lender is an in�t�tutiian whase dep�sits are so insured}ar in any Federal Home
<br /> Loan Bank. Lend�r sha1� apply the Funds to pay the Escravv I�ems na Iater than the tiime�pecified under
<br /> RESPA. Lender shall nat charge Barrower for holding and app�ying rhe Funds,annuaixy anal.yz�ng�he
<br /> escro�v account, or�erifying the Es�row�tems, unless L,�nder pa�s Bflrrawer interest on�he Funds and
<br /> Appl�cable Law permits Lender�o rnake such a charge. Unle�s an agreement�s rnade in wrir�ng or
<br /> Appli�able Lavv requires interest to be paid fln the Funds, L.�nder shall na�he requ�red to pay Borrower any
<br /> �nterest or earn�ngs�n�he Funds. Borrav�r�r and Lender can agree xn�rriting,however, tha�inxeresx sha11 be
<br /> paid on�he Funds. Lender sha�.I give to B�rrow�r, wi�hout charge, an annual accauntxng of the Funds a�
<br /> required by�.ESPA.
<br /> If there is a surpxus af Funds held in e5crow, as defined under RESPA, Lender�ha1l acc�unt�o Borrower for
<br /> the excess funds�n accordance with�.ESPA. �f there�s a sharCage of Funds he�d in escrv►atr, as defined under
<br /> RESPA, Lender sha1l notify Borrower as requxred by R�SPA, and Borrower sha11 pay to Lender�he amoun�
<br /> ne�essary to mak�up�he shortage in accardance with RESPA, but in no more than 12 man�hly payments. If
<br /> there is a deficzency of Funds held�n escr�w, as def ned under RESPA, L�nder shall notify Borrawer as
<br /> N�BRASKA-5ingie Famc�y-Fanrne Mael�reddia M��UNiFQRM lNSTRUM�NT �orm 3028 110'1
<br /> VMP� VMP6�iV�y{130�fA(]
<br /> WoEt�rs itfuwer FinanGi�l S�rvices Pag�5 of 1�
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