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<br /> Any application af payments, in�uranc�praceeds, or N�isceiianeous Pro�e�ds �a principal due under th�Note
<br /> sha�� n�t extend or postpone�he due da�e, or chan�e the amaunt, of�he Periadic Pa�ments,
<br /> 3. Funds for EsCro►��v Items. Borrower shall pay to L,ende�on�h�day Periodic Payments are du�under the
<br /> No�e, un��l the N�te�s paid in ful�, a sum�the '"Funds"} tfl pro��de for payment of amaun�s due for: �a}taxes
<br /> and a�sessrnents and other items v�hich can at�ain priority ove�this Secur�ty�nstrument as a lien❑r
<br /> encumbrance on the Prop�r�y; �b} �easeho�d payments or ground rents�n�he Prop�rty, �f any; �C}preilzium5
<br /> for any and all insuran�e required by I..,end�r under Sect�nn 5; and�d} Mortgage Insuran�e prern�urns, if an�,
<br /> or any sums paya�le by B�rrower�o Lender in I�eu af the paynr�ent af Mar�gage Insuran�e premiunas in
<br /> a�cordance w�th the pro�ris�ons of S�ctian 14. These items are cal�ed "Escrflw�tems." At arig�na�ian or a�
<br /> any�ime during the terrn of fhe L.�an, Lender rnay r�quire that�ommun�ty Association Dues, Fees, and
<br /> ASsessrnents, if any, be esc�owed by Barrower, and such dues, fees and assessments sha�l be an Es�ra�v
<br /> ��exn. B�rrov�er shall promptl�furnish�o Lender al�natices of amounts t�be paid under this Section.
<br /> Borrawer shall pay I,ender the Funds for Escrow �tem�unl�ss Lend�r�ai�res gorrower's fl���ga�ion to pay
<br /> the Funds for any or ail Escraw�tems. I,ender may wa�ve�3orrower's abliga�i�n��pay�o Lender Funds for
<br /> any or a�I�scr�w �tems at any�ime. Any such waiver may�n�y be in writing. In�he event of su�h wai�er,
<br /> B��-rower sha��pay d�rect�y, vvhen and where payabie, the amaun�s due for any �scr�w�tems far which
<br /> paymen�of Funds has been wai�red by Lender and, if Lender requires, shall furnish to Lender receipts
<br /> evidencing such payment within such�ime per�od as Lender ma�r�quire. Bnrrovver's obl�gat�on to make
<br /> such pa�ments and to pra�r�de re�eipts shall for all purpases be deemed ta be a cov�nant and agreemen�
<br /> �antained in�h�s Se�urity�nstrument, as the phrase "�n�renant a.�d agr�emen�" is used�n Section 9. �f
<br /> Borrower is obl�gated�o pay Escraw �tems direc�ly, pur�uant�o a wai�er, and Barrotiver fails ta pay�he
<br /> amount due for a��Escrow I�em, L.�nder may exerci�e its r�ghts under Section 9 and pay such amount and
<br /> Bor�ower sha��then be ob���ated under 5ec�ion 9 to repay to L�nder any such amount. Lender may re�oke
<br /> t��e wa��er a��a an��r aI�Escrow��en�s at any ti�rz��y a notice gi�en�n ac�ordance with Sectzon �.5 and,
<br /> upan such r�voca��an, Barrav�er sha�l pay to Lender a�� Funds, and in such arnounts, that are then r�quired
<br /> under th�s Sec��o��3.
<br /> L.�nder rna�, at any�ime, co��ect and ho�d Funds�n an amount�a}suff�cient�a perm�t�L..�nder��apply thc
<br /> Funds at th���me spe�if��d under RESPA, and�b} not to exc�ed the maximum amount a lender can requ�re
<br /> under RESPA. Lender sha��estimate the amoun�af Funds due�n the bas�s�f current da�a and reasona�le
<br /> estimates af expenditu�es�f fu�ure Escrov� Items or�ther�ise in accordance w�th Agpx�cabie Law.
<br /> The Funds shali be held�n an inst�tution whose depos�ts are insured by a federal agenc�, in�trumenta�ity, or
<br /> en��ty t�nclud�ng Lender, if I.�nder is an institu��an wh�se depos�ts are so �nsured}or�n any Federal Home
<br /> Loan Bank. Lender shall app�y�he Funds to pay the Es�r�w Iten�no later than the�ime spec��ed under
<br /> RESPA. Lender shall no�charge Borrawer for hold�ng and appiying�h�Funds, annually analyzxng�he
<br /> �scrow account, �r ver�fying the Escrflw��ems, unless L�nder pa�s Borro�er in�ere��on�he Funds and
<br /> Appl�cab�e Law perm�ts L.�nder t�mak�such a charge. Unless an agreement�s made�n wri�ing or
<br /> Applicabie La�r�equ�res interest t��e paid on the Funds, Lender sha��not be r�qu�red�o pay Bc�rrower any
<br /> in�eres�or earnings on the Funds. Borrower and Lender can agree in writ�ng, however, �ha�in�erest shall b�
<br /> pa�d on the Funds. Lender sha�I g�ve t�Borr��ve�, �ithaut charge, an annual acc�un�ing af the Funds as
<br /> required by R�SPA.
<br /> If�here i�a surp�us af Funds he�d in�scrow, as de�fined under RESPA, Lender shall ac�ount�o Borro��r�r for
<br /> the excess �unds in accordance with RESPA. �f th�r�is a sh�rtage of Funds he�d �n e�crow, as de�ned unde�r
<br /> RESPA, L�nder shall nat�fy�3orrower as required by RESPA, ax�d garr4w�r shaX�pay to Lender the arnflunt
<br /> neGes�ary��make up the shor�age�n a�cordance v►li�h R�SPA, but in na�nore than �2 n�.onth��r payznents. If
<br /> �her�is a defic�ency of Funds held�n es�row, as defined under RESPA, Lender sha��natify Borr�wer as
<br /> NEBRASKA-5ingte�amify-�annie MaelFr�ddie Mac L]NIF�RM lNSTRtJM�NT �arrn 3�28 11[}�
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<br /> Walters Kluwer Financiat S�r�ices P�g�5 of'€7
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