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<br /> An�application af pa�ments, insurance proceeds, or M�sce�laneous Prnceeds to prxncipa�due under the N�te
<br /> sha1�not extend or pastpane the du�date, ar�hange the amount, af th�Pcr�odic Payments.
<br /> 3. Funds for Escrow I�ems. Borrower sha11 pay to I.�nder nn the day Per�od�c Paym�n�s are due under the
<br /> N�te, unt�l�he Note�s paid in fu�I, a sum��h� "Funds") �o pro�ide for pa�men��f amou�ts t�ue far: �a)taxes
<br /> and assessrnents and o�her items which�an atta�ri priori�y�ver�h�s Security Instrument as a l�en or
<br /> encumbrance an th�Prapert�r; (b)leasehold pa�rments or ground rents on the Proper�y, if any; �c}pr�miums
<br /> for an�and a��itasurance required b�Lender under Sectian 5; and�d�Mortgag�Insurance prernuums, if any,
<br /> or any sums payab�e by B�rrow�r t� L.ender in 1�eu af t�e payment of Mortgage�nsurance prem�.urns�n
<br /> a�cordance with the pro�visions�f Se��ian �.D. These items are�a11ed "Escraw��ems." A�origina�i�n ar at
<br /> any time during the�erm�f the Loan, L�nder may r�quire that�ommuni��Asso�ia�ion Dues, Fees, and
<br /> Assessrnents, if any, be escrow�d by Barrvwer, and su�h du�s, fees a�d assessmen�s shaXx be an Escrow
<br /> Item. Barr�wer sha��pramp��y furnish t�Lender a11 n�t��es of amflunt�t�be paid under this Section.
<br /> Borrov�rer shall pay Lender the Fun�is for Escrow �tem�un�ess Lender wai�es Barrower's ob�xga�ion�a pay
<br /> the Funds f�r any or a11 E�cro�v��ems. Lender ma�r waive Borrow�r's ob�igatian to pay ta Lender Funds for
<br /> any or alI Es�row �tems at an�time. An�such wai�er rnay oniy be in wr�t�ng. In�he event�f su�h�va�ver,
<br /> Borrow�r shall pay dxrec�l�r, when and where pa�abl�, the am�unts due for any Es�ra�v I�ems f�r vvhich
<br /> paymen�of Funds has�een vva�ved by I.�nder and, if Lend�r requires, shall furnish t� Lender r�ceip�s
<br /> evidencing su�h payment wxthin such time per�ad as L�nder may requir�. Borrower's abligat�on to make
<br /> such pa�m.ent�axid ta provide rec�ipts sha��for all purposes be deemed to be a covenant and agreeme�t
<br /> conta�ned in�his Security Ins�rumen�, as the phrase "c��renan�and agre�ment" is us�d�n Section 9. �f
<br /> � Barrower�s v�ligated�.o pay Escrow Items directly, pursuarit to a wai�rer, and Borro�er fa�ls to pay�he
<br /> amount due far an Escraw��em, L.�:nder ma�r exercise i�s righ�s urider Sec�ion 9 and pay su�h am�unt and
<br /> Borrawer shall then be obligated under Sec�i�n�to repay to L�nder any such a.mount. Lender may revoke
<br /> �he wai�rer as�o any or all Escrow�tems at any time by a notice gi��n�n accnrdance with Sec�ion �.5 and,
<br /> upon su�h re�acation, Barrov�er shal�pay to Lend�r all Funds, and�n such amoun�s, �ha�ar�then required
<br /> under thi� Sec�ior�3. -
<br /> Lender rna�, at any�xme, colle�t and ho�d Funds in an amount(a}sufficien�to p�rmit Lendtr to appl�r the
<br /> Funds at the tim�specified und�r RESPA, and t�}nt�t to exceed�he maximum amflun�a lerider can require
<br /> under RESPA. Le�der sha.I� est�rnate the amoun��f Funds�ue on the basis of current data and reasanab�e
<br /> �stimates of�xpendztures of future Escrow��ems or o�hervv�se in accardance with Appli�able Lavv.
<br /> Th�Funds shall be he�d in a.n ins�i�ution whose deposits are�nsur�d by a federal agenc�r, �nstrumentality, or
<br /> entity �includ�ng L�nder, �f Lend�r is a.��institu�iori whose deposits are so insured) or in any Federal Hom�
<br /> Loan Bank. Lender sha�l apply the Funds t�pay�he Escra�v��ems no later than�he time specif�ed u�ader
<br /> RESPA. Lender sha��nat charge Barrower for holding and applying�he Funds, annually analy�ing the
<br /> escrflw ac�ount, ar�erifying the Escrow �tems, unless Lender pays Barrawer int�rest on th�Funds and
<br /> Applica�Ie Law permi�s Lend�r�a make such a charge. Unless an agreemen��s made�n�r��ing or
<br /> App�icable Law requires intere�t to l��paid on�he Funds, Lender shall no�be require��o pay Borrower an�
<br /> inter�s��r earnings on�h�Funds. Borr�vver a.nd Lender can agree in wr��ing, hov�rever, that in�erest shali be
<br /> paid on the Funds, Lender shall g�ve�a Borrov�re�r, w�thout char�e, an annual accaunting af�he Funds as
<br /> required by RESPA.
<br /> If�here is a surplus of Funds held in escr�v�, as dc�ned under RESPA, Lender shall account�o Borr�wer for
<br /> �he e�ces s funds �n ace�rdance w ith RESPA. �f there�s a sh�r�age of Fund s h��d in�s�rov�, as de�ned under
<br /> RESPA, Lender shall natify Borrower as requ�red�y RESPA, and Borro�rer sha11 pay to L�nder�he amount
<br /> necessary to make up the shor�age�n acc�rdance vvit�RE5PA, �ut in na more than 1.2 m�nthly payments. �f
<br /> there�s a d�ficiency of I'unds he�d 'zn escrow, as defined under RESPA, Lender shal.�n��ify Barrow�r as
<br /> NEBRASKA-5ingle Family-�annie Mael�reddie Mac UN{FORM fNSTRUMENT Form 3Q28 11�1
<br /> VMR Q VMPfitNE}�'i 3QZi
<br /> Walters Kluwcr�inanciai 5ervices Page 5 a#17
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