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��1 5�67��
<br /> The Funds shall b�held in an ins�itution whase deposi�s are insured by a federal agenc�, instrumentality,or
<br /> entity(including Lend�r, if Lender is an institution whos�deposits are sa insured}ar in any Federa�Home
<br /> Loan Bank. Lender shall apply the Funds to pay the Escrow Items na later than th�time sp�cified under
<br /> 1�E5PA.Lender shall not charge Borrower for holding and applying the Funds,annually analyzing the
<br /> escrow ac�ount,or�erifyin�the Escrow It�ms,unless Lender pays Barrower interest on the Funds and
<br /> App�icab�e Law permi��L�nder�a rn.ake such a charge. �r�less an agre�ment i�made in v�riting�r
<br /> Applicable Law requires interest to be paid ox�the Funds,Lender shall not be required ta pay Borrower any
<br /> interest or earnings on�he Funds. �arrower and Lend�r can agree in writing,howe�er,that interest shall be
<br /> paid on the Funds.Lender sha11 gi�e ta Borrawer, without charge, an annual accounting vf the Funds as
<br /> required by RESPA.
<br /> If there is a surplus of Funds held in escrow,as defined under RESPA,Lender shall account to Borrower for
<br /> the excess fu�ads in accordance with RESPA. �f there is a shortage of Funds held in escrow,as defined under
<br /> RESPA,Lender shall notify Borrower as required by�SPA,and Sorrower sha��pay to Lend�r�he amount
<br /> nec��sary to make up the shortage�n accordance with RESPA,but in no rnor�than 1 Z monthly payrnents.If
<br /> there is a d�fi�iency of Funds held in escrow, as defined under RESPA,L�nder shall notify Borrovver as
<br /> required by RESPA,and Borrower sha11 pay to Lender the arnvunt necessary to make up the deficiency in
<br /> accordance with RESPA,hut in no rnore than 12 monthly payments.
<br /> Upon payment in full of a11 sums secured by�his Security Instrurnent,Lender shal�promptly refund to
<br /> Barrower any Funds h�Id by Lender.
<br /> 4. �harges; Liens. Bvrrower sha11 pay all taxes,assessments,chax�es,fines,and impositians attributable�o
<br /> the Property which can attain priorit�o�er this Security Instrument, leasehold payments or ground rents on
<br /> the Property,if any,and Community Assac�ation Dues,Fees,an��ssessments, if any. Ta the extent that
<br /> these items are Escrow Items,B�rrawer shall pay them in the manner provided in Secti�n 3.
<br /> Borrower shall prompCly dis�harge any lien which has priarity a�er this Se�urity Instrument unless
<br /> Borrower: �a�agrees in writing to the payrnent of the obligation secured by the lien in a rnanner acceptable
<br /> to Lender, but only so Iong as B�rrower is performing such agreement; �b}contests the Ii�n in good fai�h by,
<br /> or defends against enforcement of the�ien in,legal proc�edings which in Lender's op�nion operate to prewent
<br /> the enforcem�nt of the 1�en whi�e those pr�ceedings are�ending,but�nly until such proc�edings are
<br /> concluded;ar(c)�ecures from the holder�f the�ien an agreement satisfact�ry ta Lender subardinating the
<br /> 1i�n t�this Security Instrument.If Lender determines that any part of the Pr�perty is su�ject ta a lien which
<br /> can attain priority o�er this Security Instrument,Lender may gi�e Borrower a notice identifying th�lien.
<br /> Within �D days of the date on which that notice is gi�en,Borrawer sha�l satisfy the lien or take ane or mare
<br /> of the a�tions set forth above in�h�s Se�tion 4.
<br /> Lend�r may require Barrvwer tn pay a ane-time charge for a real estate tax�erification andJor repar��ng
<br /> servi�e used by Lender in connection with this Loan.
<br /> 5. Property Insurance. Borr�wer sha11 keep the impro�ements now existing�r h�reafter erected on the
<br /> Property in�ured against loss by fire,hazards included within the t�rm "extended co�erage," and any vther
<br /> hazards including,but not limited to,�arthquakes and flood�,for which Lender requires insurance.This
<br /> insurance sha1�be mainta�ne�.ir�the amounts ��nc�uding deduc�ib�e�eve�s}and for the periods that I�end�r
<br /> requires.What Lender requires pursuant t�the preceding s�ntences can change during th�term of the Loan.
<br /> The insurance carrier pro�iding the insurance shall b�chosen by Borrower subject to Lend�r's right to
<br /> disapprove Borrower's chaice, which ri�ht shall n�t b�exer�ised unreasonably.Lender may require
<br /> Bvrrower to pay,in connection with this Loan,either: �a}a one-time charg�for fiood 2ane de�ermination,
<br /> cettificativn and tracking services;or(b}a one-time charge for flood zone determination and certificatian
<br /> 159Z66753 �09�104744
<br /> NEBRASKA-5ingla Familp-Far�n�a MaelFreddie Ma�U!�lF�RM INSTRUMENT WITH MERS Form 3�28 il�i
<br /> VMP O VMPfiA(NEf(13Q�).��
<br /> Woltsrs I(luwer Finar�cial Servicss Page 6 af 17
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