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<br /> �ny application of pa�ments, insuranc�praceeds, or M�sc�l�ane�us Pr���eds to princ�pa�due under the Nate
<br /> shall not���end or postpone th�due date, or change�h�amount, of the Periadi�Payments.
<br /> 3. Fun�s for Escrow��ems. B�rrower shal�pay to Lender Qn�he day Per�od�c Payments are du�under the
<br /> Note, until�he No�e is pa�d i��fui�, a su�n�the "Funds"�to pro�id�f�r paymen�of amounts due for: �a} taxes
<br /> and assessments and o�her items which�an atta�n priarity ower�his S�curi�y�ns�rumen�as a ixen or
<br /> encumbz�ane�on t�ae Propert�; �b} �easehald paym�r�ts or ground ren�s on the Praperty, if an�; �c�prerniums
<br /> for any and ail insurance required by Lender under Sectian S; and�d} M�rtgage Insuran�e pr�miums, �f any,
<br /> nr any sums pa�able�y Barrower ta Lender���1�eu of the payment af Mortgage Insurance p�em�urn� in
<br /> a�cordance with the pro�risions af 5ect�on ��. Thes�items are�al�ed "Escrow�tems." At❑ri�ination or a�
<br /> any time during�he term of the I.�an, Lender may require tha��ommuni�y Association Dues, Fees, and
<br /> Ass�ssrnents, if any, b�eserowed by Borrower, and such dues, fees and asse�smen�� shall be an Es�raw
<br /> Item. Bnrrnwer sha11 pr�mp��y furnish to Lender all natice�of amaun�s to be pa�d under�his�e��ifln,
<br /> Borrower sha�l pay Lender the Funds for Escrow I�ems unless L�nder wai�es BarrQwer's abligat�on t�pay
<br /> the Funds f�r any�r all Es�r�v� Items. Lender may v�aiv�Borrower's�bliga�ion to pay �� L�nder Funds for
<br /> any or all Escrovv�tems a�any tirne. Any such�vaiver may anly be in wr��ing. In�he event of such waiver,
<br /> Borr�wer shall pay direc��y, v�rhen and vvhere pa�able, th�am�unts due for any Escro�I�ems for wh�ch
<br /> payment of Funds has been wai�ed by Len�er and, if Lender requires, shal�furn��h to Lender re�e�pts
<br /> evidencing such payment within such time per�od as Lender may require. B�rrower's obliga�ion�o make
<br /> such paymenfs and�o pr�vide rec�ipts shal� for a�.I purposes be deemed to be a�flvenan�and agre�m�nt
<br /> c�ntained in�his Se�ur���r�nstrument, as�he phrase "co�enan�and agr�ern�.�nt" �s used�n Section 9. If
<br /> Borrower is�bligated ta pa�r Escr��r X�ems d�r�ctiy, pursuan��o a waiver, and Borrower fai�s ta pa��he
<br /> amaunt due for an Es�raw I�em, L��ader may exercise its r�gh�s under S�c�ion 9 and pa�su�h amount and
<br /> Borrower�hall t�hen be ob�iga�ed under Se�tion 9 ta repay t� Lend�r any �uch arnount. Lender may revo�e
<br /> �he wai�er as to any or all Escro�Items at any time by a n�tice g��en�n accardance with S�ctifln 15 and,
<br /> upan such rev��atian, Borrovver shall pay�o Lender al1 Funds, and in such amaunts, �hat are then requir�d
<br /> under this Sect�on 3,
<br /> ��ender rna�, at any��me, ����ect and hold Funds in an a.�nflunt�a}suff�cien�tfl permi�Lender�o apply the
<br /> Funds a�the time�pec�fied under RESPA, and�b�not to exc�ed�he rnaximum amount a lender�an require
<br /> un�ler RESPA. Lender shall est�ma�e the amount of Funds due a��the basis of curren��ata and reasanable
<br /> es�imates of expenditures�f futur�Escrovcr �tems vr otherwise�n ac�ordance with App��cab�e Law.
<br /> The Funds shal�be�ae�d�n an�nsti�ution whose depas�ts are insur�d by a federal agency, in�trumen�alit�, or
<br /> ent��y�including Lender, if L�nder�s an ins�itution whase dep�si�s are so �nsured}or�n an�F�deral Home
<br /> I.aan Bank. Lender shall apply th�Fund�t�pay�he Es�row I��ms�o Iater than the time specified under
<br /> RESPA. Lender shall not charge Barrovver f�r hold�ng and appl�ing the Funds, annually anal���n�the
<br /> escrour account, or verifying�h�Escrov���ems, unless Lender pa�s Borrawer in��rest on the Funds and
<br /> Applicabie Law p�rm�ts Lender to make such a char�e. Unless an agreemen�is made in writing or
<br /> Applicabl�Law requires interest to be paid on the Funds, Lender shal�not be required�o pay Barrower any
<br /> �n��rest or earnings on the Funds. Borrower and Lender can agree in wr�t�ng, howe�e�r, that�nter�st sha�l b�
<br /> paid on�he Funds. Lender shall gi�e to Bor�rower, wi�haut char�e, an annual account�ng of the Funds as
<br /> requ�red by RE�PA.
<br /> �f th�re is a surplus of Funds heid in escrow, as de�ned under RESPA, Lender sha�l account to Borr�we�for
<br /> the exces��funds in accordance�►ith RESPA. �f ther�is a sh�r�age of Funds held in escro�v�r, as de�ned under
<br /> R�SPA, Len�er shal�no�ify Borrower as required h�RESPA, and Barrower shall pay�a Lender the arnount
<br /> necessary to make up the shor�age in accordance���h RESPA, �ut in na more than I2 mon�h�y payments. If
<br /> there is a de�icienc�of Funds held�n escrow, as defined under RESPA, Lender sha��notify Borr�wer as
<br /> NESRASKA-Singie�amily-�annie MaelFreddie Mac llNIFaRM�NSTRUMENT �arm 30�8'l l��
<br /> VMP� VMPfi�NE){13a�3
<br /> Watters KEuwer�inancial Ser�ices I'age 5 a#'f 7
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