|
2�15�5291
<br /> sha�l be paid on t�e Funds.Lender shall gi�e�o Borrower,v�rithaut char�e,an annual accountinb of�he Funds as re�u��red
<br /> by i�E�FA.
<br /> �f there is a surplus of Funds held in escrow,as def ned under RESFA,L�nd�r shall account to Borrov�er far�he
<br /> excess funds in accordan�e r�rith RE�PA.�f�h��e is a shortage of Funds held i��escrotiv,a��efin�d under RESPA,Lender
<br /> shall notify Sarra�ver as xequir�d by RESPA,and Barrower shall p�.y ta�ender�he amount nec�ssary�o ma�e up th�
<br /> sh�rtag�in acc�rdance with RESPA,bu�t in no m�re�han 1�month�y payments.�f there is a deficiency of Funds held in
<br /> escrow,a�defined und�r RESPA,Lend�r shall no�ify Barrawer as required by RESPA,and Borrawer�ha�l pa��o Lende�r
<br /> �he amount necessary ta make up the defi�ien�y�n a��ardance��ri�h�ESPA,but in no more than 1Z manth�y pa�ments,
<br /> CTpan payment in fu�1 of ail surns secured by�h�s Security�nst�rument,Lend�r shall p�ramptiy�refund ta B�r�avv�r any
<br /> Funds held by Lender.
<br /> 4.�harges;Liens.�orrow�r shall pay all ta�es,assessm�nts,charg�s,fines,and impositi�ns a�tri�utable�o the
<br /> Prope�ty which can a�tain priarity o�er�his Security�nstrurnen�,leaseh�Id payments ar�r�und rents an the Praper�y,if
<br /> an��,an�Cor�munity Ass�ciation Dues,Fees,and Assessmen�s,if any.To�he ex�ent that th�se i�ems are Es�raw i�ems,
<br /> Borrawer sha11 pay them in the manner pro�ided in Sectian 3.
<br /> Bor�rawer shal� promptly dischar�e any lien which has priority over���s Secur�� Instrumen�unless Borrawer:
<br /> �a�agrees in w�ritin�to�he paym�nt of the obligatian secured by the lien in a rnanner acceptable�o Lender,but anly so
<br /> lorig as Bo�rrawer�s perfarrning such agreement;(b}cantests�he lien in good fai�h by,or defends against enforcem�nt of
<br /> �he Iien in, le�a�prac�ed�ngs which in Len�er's opini�n aperate�o prevent the enfor�ement of the l�en while thase
<br /> p�aceedings are pending,but an1�un�il such�roceedings axe��nc�uded;or�C�se�ures from the ho�der af th�lien an
<br /> a�reement satisfac�ory��Lender subordina�.ing the�ien to this Security�nstrument.If Lender determines that any part of
<br /> the Praper�y is subject Co a I�en which can at�ain priority a�e�th�s Secur��y Ins�ruxnen�,Lender may g�ve Eorrovver a
<br /> no�ice identifying�he�7en.�Vi�hin I�days of the dat�on which that no�ic�is gi�ven,Borr�we�sha11 satisf�th�l�en or take
<br /> one or rnore af the ac#i�ns set for�h aboue in this Se�tion 4.
<br /> Ler�der ma.y re�uire Borr�vv�r t�pa�a ane-tim�charge f�r a xeal esta�e�ax veri�ca�ion andlQr repor�ing�e�cvice used
<br /> b�Lender in connectz�n w�th�his Lvan,
<br /> 5.Praperty Insuran�e.Bo�ro�er shail keep the�mprovemen�s naw e��sting or her�aft�ar erected on the Prnper�y
<br /> insured abainst�ass�y fire,hazards inc�uded within�he�erm"�xtended co�erage,"ar�c�any�t��r hazards including,but
<br /> nnt 1im�ted to,�arthquakes and fl�ods,�'or which�ender re�uires�nsurance.This insuran�e sha1�be maintained in�he
<br /> amaun���inciuding deductibl�1evels�and for the per�ods#hat Lender r�quir�s.What Lend�r requires pu�rsuant t�the
<br /> preceding sentences can chang�during the term af�he�oan.The insurance carri�r prav�ding#he insurance sha�I be
<br /> chosen by Borrow�r su��e�t to Lender's right ta disapprove Borr��ver's chaice,which r�ght shall n��be exercised
<br /> unreasonably.Lender may re�uire�3�rra,wer�a pay,in connection vvi�h this Loan,either:�a�a one-�ime charge for fload
<br /> zone determinat�on, certification and tracking ser�rices; ❑r �b}a ane-t�me cha�ge fo�f�oad zone determ�nation and
<br /> cei�tification ser�ices and subs�quent chax-ges each time z-emappings or similar changes��cur which reasonably might
<br /> affect su�h d�t�rmina��on or cer�ificatznn.Borr�wer sha�i a�s�be respons�bie far the payment❑f any fees imposed b�r the
<br /> Federal Ernerg�ncy Management Agency�n�onnection with�he re�ieu��f any flaod 2one de�ermination��sul��ng trom
<br /> an a}�jectian by Borrower.
<br /> If Barrotiver fai�s to ma�ntain any of the cauerages described abo��,Lender may obtain insurance coverage, at
<br /> Lender's opt�on and Barro�ve�'s expens�.Lender�s und��nv ab��gation��purchase any parxicular t�ype�r amaun�of
<br /> coverage.Ther�fore,such co�verage shal��o�er Lender,bu�migh�ar might no#pratect Borrovver,Barrower's equity in
<br /> the Praperty,�r�h�conten�s af the Property, against a.ny risk,hazard ar l�ability and might pro�vide great�r or les�er
<br /> ca��rage than was previously in e�'ec�.Borrotiver a�knotivledges that�he�ost of the insurance co�erage so flbtained migh�
<br /> si�nificantly exceed�he cvst�f insurance that Barrower could ha�e abtain�d.Any am�unts disbursed�y Lender under
<br /> th�s Se�ti�n 5 shail be�ome addi���nal deht af Barrawer secured by th�s Se�uxity Instrumen�.These amoun�s shall bear
<br /> in�erest a�the l�ote ra�e from the date of dzsbursement an�shall be payabt�,with su�h�nt�rest,up�n no�ice from Lender
<br /> �o S�rrawer requestin�paymen�t.
<br /> All insurance policies required b� Lender and renewals �f such palicies sha11 be subject ta Lender's right to
<br /> dYsap�ro�re such pnlicies,shal�inc�ude a s�andard martgage c�ause,and s�.all name Lende�as mortgagee a�dlor as an
<br /> NEBRASKA-5ingse�amisy-Fannie MaelFrgddie Iwlac U�[F�RM lNSTRUN[ENT wi�h i1�ERs Form 3��8 �IJQ�I
<br /> Page 5 af 13 ,J���
<br /> �as,���. Borr�wer4s}ln;tia�s �� �
<br />
|