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<br /> An�appl�cation of pa�rnents, insurance proceeds, or Mi�Gellaneaus Proce�ds to principal due under the No��
<br /> shall na�ex�end ar p��tpane�he du�date, or change the amaunt, flf th�Peri�dic Payments.
<br /> 3. Funds f�r Escrow Items. Borrawer shall pay to Lender on the da� Periadie Payments are due und�r the
<br /> Note,until�he Nate�s pa�d in fuii, a sum�the "Funds"} to pr�vide for pa�ment�f amounts due for: �a}taxes
<br /> and assessmen�s and ath�r items which can attain priarxty over�his Securi�y Instrument as a�ien or
<br /> encumbranc�on the Proper��; �b}leasehald pa��nents ar�round r�nts an th�P�opert�, if any; �c}prerniums
<br /> for any and ai�insurance required by Lender under Section 5; and(d} Mor�gage�nsuranc�premiums, if any,
<br /> or any sums pa�ah�e by Borrower ta Lende��n lieu af the payment of Mar�gage�nsurance premiums in
<br /> accordance wi�h the provision�of Section �Q. These items are cal�ed "�scrovv �t�ms." At origination�r at
<br /> any t�me during the�erm of�he Loan, Lender rnay requ�re tha�Community Associat�on Dues, F�es, and
<br /> Ass��smen�s, �f any, be e�crnwed by Borrower, and such dues, f�es and assessments sha���be an Escrow
<br /> Ztem, Borrov��r sha��promgtiy furnish to Lender a��notic�s of amoun�s ta he paid under th�s 5ec��on.
<br /> Borra�nrer shall pay Lender�h�Funds far Escrow ��em,�un�ess Lend�r v�ai�es Barr�wer's ab�iga�ion to pay
<br /> the Funds fflr any or al�Escrow ��ems. Lend�r may waive Borro�r�r's obligatian to pay tn Ilender Funds for
<br /> any ar all�scrow �tem�at any time. Any such waiver rna�on�y be in writ�ng. In�he event flf such wai�er,
<br /> B�rrawer shall pay direc�iy, when and where payab�e, the amounts due for any Escrow Items f�r which
<br /> payment of Fun�s has been waived by L.�nd�r and, if Lender requ�res, shall furnish ta Lender receip�s
<br /> e�idencing such paymen�within such t�me periad as Lender may requ�re. Borrovver's�bligatian to make
<br /> suc��payrn����s and ta prov�de receipts�hai� for al�purp�ses be deemed�o be a cavenant and agreem�nt
<br /> c�n�ained in�.his Securi�y In�trumen�, as the phrase "c��renant and agre�ment" is used in Section 9. �f
<br /> Borr��rer�s obX�ga�ed to pa�Escrow��ems dire�tly, pursuant t�a waiv�r, and Borra�ver fa�Is�n pay�he
<br /> amflun�due for an Escrovv�tem, I...�nd�r may exercise �ts ri�hts under Section 9 and pay such amount and
<br /> Borrower shall then be abliga�ed under Se�t�nn 9 to repa��o L�nder any such amoun�. Lender may rev�ke
<br /> �he waiver as�o any or aIi Es�raw�tems at any�ime�y a not�ce�iuen in accordance wi�h Section 15 and,
<br /> upon su�;h revocation, Borrower shall pay t� Le��der ali Funds, and�n such amounts, �hat are�hen requir�d
<br /> und�r this Secti�n 3.
<br /> Lend�r rnay, at any�ime, co�lect and hold Funds�n�.n amaunt�a}suf�c�ent�o permut Lender t�app�y the
<br /> Funds at the��me specif�ed under R�SPA, and �b}�o�to exce�d the max�mum a�rnount a�ender can require
<br /> under RESPA. L,ender shal�est�mat�the amount of Funds due on the basis�f current data and reasanab�e
<br /> estima�es af expenditures of future Escraw��ems ar otherv��se in acc�rdance with Applieabl�Law.
<br /> The Funds shall be held in an�nstitu�ion whas�deposits a�e�nsured by a f�d�ral agency, �nstrumentality, ar
<br /> ent��� �including I.,�nder, �f Lender is an inst��utian ulhose deposits are so insured}or in any Federal Home
<br /> L.�an Bank. Lender shall app�y�he Funds to pay�he Escr�w��ems no later than�he time specifi�d under
<br /> R.�SPA. Lender sha��n�t�harg�Barrower for hfllding and appl��ng the Funds, annua��y analyzing the
<br /> escrow account, or ver�fy�ng the Escrow ��ems, unl�ss Lender pays Borrow�r interes�on the Funds and
<br /> App�icable La�permi.ts Lender ta make such a charge. Unless an agreement�s made in writ�ng or
<br /> Applicable Law requires �n�erest t�be paid on the Funds, L.end�r shall not b�requzred to pay Borrav��er any
<br /> in�e�est or earning�on the Fund�. BarrQwer and I.ender can agree in�vr�ting, hawev��r, tha�intere�t sha11 be
<br /> pa�d on�h�Funds. L,�nder sha�i give�o Borrnw�r, �ith�ut charg�, an annual accoun�ing of the Fund�as
<br /> requ�red by RESPA.
<br /> If there is a surplus of Funds held in escro�, as defined under RESPA, Lender shal�ac�ount t�Borro�er far
<br /> �he e�ccess funds in accordanc�wi�h RESPA. �f there is a shor�age�f Funds held in es�rov�r, as defined unde�
<br /> RESPA, Lender shali no�if�,Borrower as requ�red b�RESPA, and Borr�wer shal�pay t�I,�nder the a�nount
<br /> necessar�to make up�he shor�age�n accordance with R.E�PA, but in n�more�han 1.�rnon�hly payments, If
<br /> there is a de�c�ency of Funds heid in e�Graw, a�defined unc�er RESPA, Le��de�shall not�fy Barrower as
<br /> NEBRASKA-Sirsc�le Famiiy-Fannie MaelFreddi�Mac UNI��RM INSTRUMENT Fort�-►3�28 71Q'1
<br /> VMP[x} VMP6�NEJ('[342�
<br /> Walt�rs I{luwer�inancial 5er�ices Page 5 of 17
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