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<br /> Any app�ica�ion of payrnents, insuranc�proceeds, or Miscellaneous Proceeds t�prin�ipal du�under the�Iat�
<br /> shai� not extend or pas�pone the du�date, or change the amount, of the Periadic Pa�ments.
<br /> 3. Funds for�scrow I�ems. Borrov�,��r shail pay�a Lender on the day Peri�dic Payments are due under�he
<br /> N�te, until the Note is paid in full, a sum€the "Funds") t�pravide for payment of amoun�s due for: �a�taxes
<br /> and assessrnen�s and other items which�an a�ta�n pr�ority o�er this Security�nstrument as a Iien or
<br /> encumbrance on�he Prop�rty; (b}�easeholrl payments o�r gr�und rents fln the Property, if any; �c�premium�
<br /> for any and al� insuran��requi�red b�r Lender under�ect��n 5; and�d� Mor�gage l.nsurance premiurns, �f any,
<br /> or any sums paya�b�e�y Barrower t� Lende�-in l�eu�f the paymen�of Mar�gage Insu�ra���e gremiums in
<br /> accordan�e wi�h the p�rovis�ons of Section 1D. These�tems are�alled "Es�raw It�ms," A�orig�nat�on nr at
<br /> any time during the terrn of�he Loan, Lender may rec�uire that�ornmuni�y Ass��iati�r�Dues, Fees, and
<br /> Assessrnents, if any, be escrowed by Borrower, and such dues, f�es and assessmen�s sha11 b�an Es�row
<br /> Item. Bflrr���r shal�prompt��fllrnish to L�nd�r a11 notices�f amaunts to be paid under this Section.
<br /> B�rrower shall pay Lender th�Fun�s for Escrow �terns unless Lender wai�es Barrower's o�ligat�on to pay
<br /> �he Funds for any ar a�� Escr�w�t�ms. Lend�r may wai��Borr�wer's obligation to pay�a Lender Funds far
<br /> any or a���scrow Items at an���me. Any such wa��er rnay only be in writing. �n�he event�f such wai�er,
<br /> Borrovver�ha��pa�r dir�ctly, when and tivhere payable, �h�amoun�s due for any Escrow��erns for whi�h
<br /> paym�nt of Funds has�een wai�ed by Lender and, if Lender requires, shal�furnish ta Lender rece�gts
<br /> e�videnc�ng such payment wzth�n such�ime p�riad as Lend�r rna�r require. Rarrawer's�hliga��on to make
<br /> such paym�n��and to pro�ide re�eip�s shall for all purposes be deemed��be a covenan�and agre�ment
<br /> Gon�a�ned�n�h�s Security Ins�rumen�, as the phrase "co�enant and agreernen�" is used in Section 9. If
<br /> I��rrau��r is abliga��d to pay Escrow Items directly, pursuant�o a wai�er, and Borrovver�ails�a pay the
<br /> amaunt due for an Escr�w�tem, Lender may exercise �ts rights und�r SeCt�on 9 and pay such amount and
<br /> Borrovver sha1�th�n be ab�i�at�d under Sec�ion 9�o repay to L�nder any such amaun�. Lender may revoke
<br /> �he wa�ver a�ta any or aI�Escrow��ems a�an�tim�b�a notice gi�en�n a�cQrdan�e v�r�th 5ectian IS and,
<br /> upon such rev�cation, �3orrower sha�I pa�tfl L,�nder al� Funds, and�n such arnaunts, that are then re�uire�
<br /> under this Section 3.
<br /> �..,ender may, a�any t�me, collect and h��d Funds in an amount�a}suffi�ien�to pernllt Lender�v app�y�he
<br /> Funds at�he time specified und�r RESPA, and {b} no��o exceed the maximurn amount a�ender can requ�re
<br /> under RESPA. ��nd�r shall estimate�he amount of Funds due on the bas�s of currenY data and reasonable
<br /> es��mates af expend�tures af fu�ure Escraw I�ems or a�herwise in accordance wi�h Applica���La�v.
<br /> The Funds sha�i be htld in an institut�on�hose deposits are insured by a fed�ra�agency, ins�rumentality, or
<br /> enti�y�including Lender, if Lender i� an�ns�itutian whose depos�ts are s� insured�or in any Federal Hnme
<br /> Loan Bank. Lender sha�l ap����he Funds�o pay�he Escrow Items no�at�r than�he�ime spec�fied under
<br /> R�SPA. L�nder sha��nat charge Borrower for ho�d�ng and applying the Funds, annuall�ana.l�rzing�he
<br /> escrow account, or�r�rify�n�the�scraw�t�ms, unless Lender pays Borrati�rer interest an th�Funds and
<br /> Applicab�e Law pernu�s Lender to make such a charge. Un�ess an agreemen�is made in wariting or
<br /> Appli�able La�requires interes��a be paid on�he Funds, L.�nder sha��n�t be r�qu�red�a pay Bo�rflwer any
<br /> iz��eres�or earnings vn the Funds. Borrower and Lender can agree in vvr���ng, howe�er, that in�erest sha1� be
<br /> paid on the Funds. Lender shall give�o Borrower, v�i�hflut charge, an annual accoun�ing af the Funds as
<br /> requ�red b�R��PA.
<br /> �f there�s a surplus af Funds heid in escr��, as defined un�er RESPA, L.�nder sha�I account to Borrflwer for
<br /> the excess funds �n accordance with�ESPA. If there is a shor�age of Funds h��d �n escraw, as d�f�ned und�r
<br /> RESPA, Lender sha��no�ify Borrov�►rer as required by RESPA, and Borrower sha��pay�o Ilender the amount
<br /> n�c�ssary�o make up the sh�r�age�n accordance with RESPA, bu�in no more than �2 month�y pa�ments. If
<br /> �here is a deficiency af Tunds held in eserow, as d�f�ne�under RE�PA, Lend�r shall na�if�r Barrower as
<br /> NE�RASKA-SingEe�amity-Fannie Ma�IFredtiie Mac UNiFORM INSTRUM�NT F�rm 3��8'i14'!
<br /> VMP� VMP6(N�f�13Q2)
<br /> Wolters Kiuwer Finan�iat Ser�ices Par�e�❑f 17
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