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2� 15�7974
<br /> 713�132775 944853
<br /> shall pa�r Lender the Funds for Escrow�tems uritess Lender war�es Borro�ver's o�ligation xo pa�the Funds
<br /> for any or a�� Es�r�w�tems. Lender ma�wai�e Borrower's obligation to pay to Lender Funds for any or a�t
<br /> Es�row�tems at any time. Any such waiver may on�y be in wr�ting. In th��Went o�`su�h wa�uer, Barrow�r
<br /> shat� pay direct�y, when and where payable, the amounts du� for any Es�row Items for whi�h payment of
<br /> Funds has been waived by Lender and, if Lender requires, shat� furnish to Lender re�e�p�s eviden�zng su�h
<br /> payment within such time pertod as Lender may requ�re. Borrower's obligation to make such paymen�s and
<br /> to prQvide receipts shall for all purposes be deemed to be a covenant and agreement c�ntained in this
<br /> Security�ns�rument,as the phrase "coVenant and a�reement" �s used in Sectian 9. If Borrower is obligated to
<br /> pa�Escrow Items dire�t��, pursuant to a waiver, and Borrawer faiis to pay the amount due for an Escra�v
<br /> Item, Lender may exercise its rights under Sect�on 9 and pay such amaunx and Borrawer shall then be
<br /> ob�iga�ed un�er Sect�Qn 9 to repay ta Lender any such amount. Lender may revoke the waiver as to any or a��
<br /> Escrow Items at any time by a notice given �n accordan�� �vith Se�t�on �5 and, upon such reuocation,
<br /> Borrvwer sha�� pa�to L�nd�r al� Funds, and in such amounts,that are then required under this Section 3.
<br /> Lender ma}�,at any time, �ollect and hold Funds in an amoun��a} sufficient to permit Lender to
<br /> apply the Funds at the time specified under RESp�,and(b}nat to exceed the maximurn amount a lender can
<br /> requir� under RESPA. Lender shall estimate the amount of Funds due on �he basis of current data and
<br /> reasonable estimates of expenditures of future Escrow�tems or otherwise in ac�ardance with Appl icable
<br /> Law.
<br /> The Funds shal� be held in an institutian whose deposits are insured by a federa� agency,
<br /> instrumentality,or entity �inc�uding Lender, if Lender�s an institution�vhose depQs�ts�re sc�insured)or in
<br /> any Federa� Hame Loan Bank. Lender shall apply t.he Funds to pay the Escrow I�ems no tater than the time
<br /> specified under RESPA. Lender shati not charge Borrower for hv�ding and applying the Funds, annuall�
<br /> ana�yzing the escro�a��ount,or�erif�zng the�scrow Items,unless Lender pays Borrower interest on the
<br /> Funds and Appl icable Law permits Lender�o make such a charge.Untess an agr�ement is made in writing or
<br /> Appticah�e Law requires int�r�st to be pai�on the Funds, Lender shall not be required ta pay Borrower any
<br /> �nterest or e�rnings on the Funds. Borrower and Lender can agree in writing,however,that interest sha�� t�e
<br /> paid on the Funds. Lender sha�� gi�e �o Borra�ver, withQut charge,an annual accounting of the Funds as
<br /> required t�� RESPA.
<br /> If there is a surplus of Funds he�d in escrow, as defined under RESPA, Lender sha�� a�coun�tv
<br /> Bonower for the excess funds rn a��ordance�th RESPA.If there is a shortage of Funds heid in escrow�as
<br /> defined und�r RESPA, Lender shali notify Borrower as required by RESPA, and Borro�er sha�� pay to
<br /> Lender the amount necessary to make up the shartage in accardance with RESPA, but in no more than 12
<br /> manth�� payments. If there is a deficienc�r af Funds heid in escrow,as defined under RESFA,L�nder sha��
<br /> notify Barrower as required hy RESFA,and Borrower sha�l pay to Lender the amount necessary to make up
<br /> th�defi�iency in accordance with RESPA, but in no more than I 2 monthty payments.
<br /> Upan pa�ment in full vf all sums secured�y this Security�nstrument,Lender sha.1� prompt�y refund
<br /> ta Borrower any Funds he�d by Lender.
<br /> 4. Charges; Liens. Borrower sha�l pay a�� �axes, assessments, charges, fines, and impositions
<br /> attr�butable to the Properiy which can attain priarity a�er this Security Instrument, Z�as�hold pa�ments or
<br /> ground rents on the Property, �f any,and�ommuni�AssQc�ation Dues, Fees, and Assessments, if any. To
<br /> the extent that thes� items are Escrow�tems,Borrower shal�pay them in the manner provided �n Section 3.
<br /> Borrower shall promptly discharge any iien whi�h has priority vver this Se�urit��nstrumen�un�ess
<br /> Borrower:�a}agrees�n writing to th�payment of the obl�gat�on secured hy�he lien in a manner a�ceptahie�o
<br /> Lendez-, but on�y so long as Borr�wer is perForming such agreement;�b}contests the�ien in good fai�th by,or
<br /> defends against enforcement of the �ien in,��ga� pracee�ings wh�ch in Lender's opinion operate to prevent
<br /> the enforcement of the lien while those prviceedings are pending, but only untr� such pro�eedings are
<br /> concluded;or�c)secures from the ho�der af the tr�n an agreement satisfactor�}�to Lender suhordinating the
<br /> NEBRASKA--Single Fami�y--Fann�e MaelFreddie Mac[]NIF�RM INSTRUMENT
<br /> � 338.26 Page 5 af �5 Fvrm 302$IIOI
<br /> Modi�ed for VA
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