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<br /> An�appiica�ion of pa�men�s, insurance proc�eds, ar Misce�lane�us Proceeds to princ�pal due under the I�Iate
<br /> shall nat ex�end or pflstpone th�due date, ar chang�the am�unt, of�he Per��dic Payments.
<br /> 3. Funds for Escraw I�ems. Borrower shal�pa�r to Lender on�he day Per�odic Payments are due under the
<br /> No��, untii th�No���s pa�d in ful�, a sum��he "Funds"} to pravide far pa��men�of amounts due for: �a}taxes
<br /> and a�se�smen�s and othez items wh��h can a�tain prxority aver this Security�nstrumen�as a�ien or
<br /> encumbrance�n�he Property; �b) Ieasehold paymen�5 ��r g�r�und ren�s on the Property, if any; �c}premiums
<br /> for any and a11 in�urance r�qu�red�y Lender under Sect�on 5; and�d}Nl�rtgage Insurance prern�ums, if any,
<br /> o�r any sums paya�le by Borrow�r ta Lender�n li�u of the paym�nt of Mort�age Insurance pr�m�urns in
<br /> accardance with the pro�isians af'Sec�ion ��. These i�ems are�a1i�d "Escrow �tems." At origination or at
<br /> any time during the t�rrn af the Loan, Lender may r�quir�that�ornmuni�y As�oc�a�ion Dues, Fees, and
<br /> A�sessrnents, if any, be e�crowed by Bnrr��rer, and suc��dues, fees and assessn�en�s shall be an�sc�avv
<br /> I�ern. Borrawer shall prompt��r furnzsh to Lender ali notices of am�unts�o b�pa�d under�his 5ection.
<br /> Borrower shal�pay Lender the Funds f�r Es�row Items unless Lender waives Borr�wer's abligatian to pay
<br /> �h�Funds for any or a�� Es�row�tems. Lender may w�i�e Borrower's obiiga�i�n to pay ta Lender Funds for
<br /> a�a��r a�l Es�row Items at any��me. Any suc�wai��r may on��be in wri�.in�. �n�he event of su�h wai�er,
<br /> Borrower shal�pay directly, when and where payable, the amounts due for any Escrow�tems fflr which
<br /> pa�ment of Funds ha�been wa�v�d��Lender and, �f Lender r�quires, sha11 furnish to Lender receip��
<br /> e��denc�ng such paymen�with�n such time period as Lender may require. Borrawer's�bligation�o ma�e
<br /> sueh payrnents and�o pro��d�r�ceipts shall f�r a�l�purposes be d�emed ta be a�;a�enant and agreemen�
<br /> contained�n�his Secur�t�Instrument, as�he phrase "co�enan�and agreemen�" is used in Sect�on 9. If
<br /> Barro��er is abiigated to pay�scrow Items d�rect��, pursuan�to a vvai�er, and Bnrrower faiis t�pay the
<br /> amount due for an Escro��tem, I,ender may exerc�se�ts rights under Sec�i�n 9 and pay su�h am�un�and
<br /> Borrow�r shai�then be obliga�ed under Sect�an 9 t�repa��o L.end�r any such amount. Lender may re�oke
<br /> �he waiv�r a5��any or al1 E�crow Items at an���me b�a notice given zn ac�ordance wi�h Sect�on �S and,
<br /> upon such rev�cat�on, B�rrower shall pay to Lende�r aI�Funds, and in such amounts, that ar�then requ�r�d
<br /> under this Sect�on 3.
<br /> Lender rnay y at any tirne, �ollect and hald Funds in an amoun��a� suf��c�en����errni�Lender�o apply�he
<br /> Fund�a�the t�me�pecifed under RESPA, and(b}not to�xceed the�naxi�x�urn amount a lender can requ��e
<br /> under R�SPA. Lender shall estirna�e�a.e amount of Funds due on�he basis of�urrent da�a and reasana�le
<br /> estimates of expenditu�es of future Es�row�terns�r a�her�vise in accordance with Appx�cable Lavv.
<br /> The Funds sha�l b�held in an instituti�n whase depos��s are�nsured by a federal agency, instrumen�aixty, ar
<br /> �n�ity (inc�uding Lend�r, if Lende��s an�nst�tu�ian whose depo����are so insured}or�n an�Federal Hame
<br /> Loan Ba�. Lender sha��apply the Funds�a pay the E�crav���ems no�a�er than�he t�me specified under
<br /> RESPA. L�nder shall not charge Borr�wer for hold�ng and appi�ing the Funds, annuaiiy ana�yzing the
<br /> e�cr�w ac�ount, ar ver�fying the Escrow ��erns, unless Lender pays B�rrawer interest on�he Funds and
<br /> App�ica�Ie Law perm�ts Lender��make such a charge. Unless an agreement i�made xn wrx�ing or
<br /> App�icable Law r�quires interes�to�e paid on the Funds, Lende�r sha��no�be required to pay Borrov�er any
<br /> interes�ar earnings�n the Funds. Borrow�r and Lende�r�an agree in writing, how�ver, �hat in��rest sha�l be
<br /> pa�d an the Funds. Lend�r sha1�gi���a Borrow�ra ��thou�char�e, an annual ac�ounting of the Funds as
<br /> requ�red�y RESPA.
<br /> �f there�s a sur��us of Funds held in escrow, as de�ned under RESPA, L�nder sha11 account ta Barravver for
<br /> the excess funds�n ac�ordance vv�th RESPA. �f�here�s a shor�age of Funds held�n escro�v, as de�ned under
<br /> RESPA, Lender sha�l natify Bo�r�ower as requ�red by RESPA, and Borrower sha11 pay t�Lender the arnount
<br /> necessar�r�o make up�he shortage in a�cordance with RESPA, but in na more than �.2 m�nthly pa�m�nts. �f
<br /> ther�is a defc�enc�of Funds he�d in escrow, as d�fined unde�r RESPA, Lender shall notify Borrower as
<br /> NEBRASKA-5ingie�amily-�annie Mael�reddie Mae UNIFQRM INSTRUMENT Fvrr�n 3�28'lID1
<br /> VMP� VMP6�NE){13�2�
<br /> Wolters Kluw�r Financia!5ervices �'age 5 of 17
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