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<br /> Any appl�catx�n of payments, in�urance praceeds, or Misce�laneous Proceeds �o pr�n�ipa�due under�he No�e
<br /> shall not extend or postpone�he due date, or change the amount, �f�he P�riadic Payments.
<br /> 3, Tunds far�scrow I�ems. �3arr�w�r shall pa��fl Lender an the da�Peri�dic Pa��men�s are due under the
<br /> Note, un��l the Nate is pai�i�n fix��, a sum�the "Funds"}to pravide for pa��ment of amoun�s due for: �a} taxes
<br /> and assessrnents and o�her itexns which can attairi priarit� ove�r this Securit��ns�rument as a Iien or
<br /> encumbrance on�he Proper�y; �b} �easeho�d paymen�s or ground rents on the Property, if any; (c}premiums
<br /> for any and a11 insurance r�quired by L.ender under Sectian 5; and(d}Mar��age Xnsurance prerniums, if any,
<br /> or any sums payable�y Borrower�o Lender in�ieu of the pa�ment of Mar�gage�nsuran��premiums in
<br /> accordanc�with�he prn�risions of Section I�. These�tenns ar�called "Escraw Items." A�or�g�na��on or a�
<br /> any�im�during�he ter�m flf the Loan, L�nder may require that Cammun�t�Assoc�a��on�3ues, Fees, and
<br /> Assessrnents, if any, be�s�rowed by Borrawer, and such dues, fees and assessment�shai�be an Escraw
<br /> �tem. B�rro�rer shai�promp�i�furnish to Lender all notices of amoun�s to be paid under this Sec�ion.
<br /> Borr�wer shal�pay Lender the Funds for Escrow �tems unless Lender waives Borrower's�bligation to pay
<br /> the Funds for any ar a�l Escrow �tems. L�nd�r rnay vva��e Borro�Wer's abligatian�a pay�o I,�nder Funds far
<br /> any or a�� Escrow Items a�any�ime. Any such wa��er may on�y be�n v�rrz�ing. �n�he�vent of such waiver,
<br /> Borrower sha�i pay direc�ly, vvhen and where payable, the amoun�s due for a�ay Esc�row Iterns for which
<br /> pa�men�af Funds has b�en waived by L.�nder and, �f Lender re�uires, shall furn�sh to L,ender rece�pts
<br /> �vid�ncing such paymen�wxth�n such time�eriod as L�nder ma�r�qu�re. B�rrov��r's obligation ta make
<br /> such pa�tne��ts and��provid�r�ce�p�s sha�l fnr a11 purposes be deemed to be a ca�enant and agreement
<br /> contained�n this�ecurity Ins�rumenti, as the phras� "covenant and agreemen�" is used�n Sec�ion 9. If
<br /> Barrow�r�s ob�iga�ed ta pa�Escra�I�ems directl�, pursuant t�a v�a�ver, and Borrower fa�ls to pay the
<br /> amoun�due for an Escrflw�tem, Lender ma��xerc�se its ri�hts under Section 9 and pay such amount and
<br /> Borrnw�r shall ihen be obliga�ed under Sect�fln 9 to repay�o Lender a��y�uc1�amount, Lender may revoke
<br /> the waiver as�o any or all Escraw Items at any�.�me by a notic�gi�en in accordance wi�h S�ction 15 and,
<br /> upon such re�a�ation, B�rro�ver shall pay to Lender aI�Funds, and in such a�nount�, t��at are then required
<br /> under�h�s Sec�ian 3.
<br /> Lender ma�, a�any time, co�lect and hold Funds in an am�unt ta} suf�cien�to perm�t Lender ta app���he
<br /> Funds at th�t�rne speci�ed under RESPA, and (b}n��to exce�d the max�mum arnoun�a l�nder can require
<br /> under RESPA. Lender sha�l es�imate�he aamount of Funds du�an�he has�s af�urrent da�a and reasanable
<br /> estima�es of expenditures af fu�ure�scrow�tems or a�herw�s�in accardance with App�ica��e Lav�.
<br /> The Funds sha��be he�d in an�nstituti�n�vhas�deposits are insured by a federal agency, �ns�rumentaiity, or
<br /> �ntity �includ�ng Ilender, if�..�ender�s an institution whose d�posits are s� in�ured}�r in any Federa� Home
<br /> Loan Bank, L�nder shall appiy the Funds tfl pay�he E�cr�w Items no la�er than the time specified und�r
<br /> RESPA. L�nd�r sha��nat charge Borrawer for h��d�ng and a�aplying th� Funds, annually�na��z�ng the
<br /> escrow a�caun�, or verifying�he Escrow I�ems, unless Lender pays Borrower interest on the Funds and
<br /> App�icable Lavv perm�ts L�nd�r to mak�such a charge. Unle�s an agreemen��s made in writing or
<br /> App�icab�e Law requires int�r�st to be paid on�he Funds, Lender�hall not be requir�d tti pay Borrower any
<br /> interest nr earnings�n the Funds. B�rraw�r and L.�nder can agree in writing,how��r�r, tha�interest shail he
<br /> paid an the Funds. Lender shaii gi�e�o Borrow�r, �r�thout charge, an annual a�c�unting of the Funds as
<br /> required by R�SPA.
<br /> If�her�is a surpius af Funds h��d�n escrow, as d�t�ned under RESPA, Lender shal�accoun���B�rrower for
<br /> the excess funds in accordance v�a��h RESPA. �f ther�is a shor�a�e of Funds held in escrou�, as d�fined under
<br /> RESFA, Lender shali na�ify Borrower as�-�qui�-ed b� RESPA, and Borrower shail pay to Lender the amflunt
<br /> nec�ssary�a make up�he shar�age in accordanc�wi�h RESPA, �u� in n�mor�than 1�monthly payments. Zf
<br /> there is a deficiency of Funds he�d�n escrow, as de���ed unc�ez RESPA, Lender shall notify Borrow�r as
<br /> N�BRASKA-Si�gle�arni�y-�annie Mael�reddie Mac UNI��RM(NSTRUM�NT Farm 3�Z8 110�
<br /> VMP(� VMP6�NE3 t'i 30�)
<br /> Wvlters Kluwer Financia!Ser�ices Page 5 of i 7
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