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<br /> Any applicati�n of pa�ments, �nsuranc�proc�eds, or M�scellaneous Proceeds to principai due under the Note
<br /> shall not ex�end or pos�p�ne�he due date, or change the am�unt, of the Per�odic Payments.
<br /> 3. Funds far Escrow I�ems. Borrower shal�pa�r�o Lender on the da� Periodic Paymen�s ar�due under�he
<br /> Nate, un�il the Note is paid �n fuli, a surn�the "Funds"} to pravide fnr paymen��f am�unts due for: �a} taxes
<br /> and assessmen�s and other i�ems which ca�a attain pr�ori��over this Security �ns�rumen�as a lien or
<br /> encumbrance on�he Pr�per�y; �b�leas�hold pa�ments or graund ren�s on the Prop�r��r, if an�; (c}premiums
<br /> for any and a11 �nsurance r�quir�d by L.ender under Sec�ion S; and�d� Mortgage�nsurance prem�ums, �f anyy
<br /> or an� sums pa�ab�e by B�rro�nrer to I.,ender in 1 ieu of�he paym.en�of Mor�gage�nsuranc�premiums in
<br /> ac�ardance w�th�h�prov�s�ons of Secti�n ��. These items ar�ca��ed "Escr�w I�ems." A��rigination or a�
<br /> any t�m�during�he term of the I�an, Lender ma� require�hat�ommun��y Assaciation Dues, Fees, and
<br /> Ass�ssments, if an�, be es�rawed�y Borrow�r, and such dues, fees and assessmen�s sha�1 be an Escrnvv
<br /> �tem. Borrower sha��promp��� furn�sh to Lender all notices of amounts to be paid under�his Section.
<br /> Barrovver shall pay L�nder the Funds for Escrow I�ems uniess Lender�vaives Borrower's abligation to pa�
<br /> the Funds for any or all E�crov� Items. Lender ma�waiv�Borrower's obliga�ion�a pay�o Lender Funds for
<br /> any or ai� Escrow Items at any time. An�r such wa��er may only be in wr�ting. In�h��vent of such waiver,
<br /> B�rrower sha11 pay dire�tl�, when and where pa�rable, tihe amounts due for any Escrow ��ems for which
<br /> payment of Funds has been wa��ed b� Lende�-and, �f Lender requ�res, shall furnzsh�o Lender r��eip�s
<br /> eviden��ng such paymen�wi�hin su�h time p�riod as Lend�r may require. Borrow�r's abliga�ion to make
<br /> such payments and to pro��de rec�ipts shall for aii purposes be deemed��be a cov�nan�and agre�ment
<br /> contained in�his Security Instrun��nt, as the phrase "c�venant and agreemen�" is used in Section 9. If
<br /> Borrav�rer is nb�igate�.��pa}� Escr�w �tems dxrec��y, pursuan��a a waiver, and Borrower fails to pay the
<br /> amaunt due far an Es�rov� Item, Lender ma�exercise its r��hts under S�c�ion 9 and pay su�h amaun�and
<br /> Barro�rer shali�hen be ob��gat�d under Section 9�o repay tfl Lender an�such a�mount. Lend�r may re�oke
<br /> the wai�er as�o any or a�i �scraw Items at any time b�a no��ce given in accordance with S��tion 15 and,
<br /> upon such revoca�ion, Borrower sha1�pay to Lender aii Funds, and in such amnunts, that are�hen required
<br /> under this �ec�ion 3.
<br /> L�nder may, at any time, colle�t and ho�d Funds in an amount�a} suf�c�ent ta permit Lender�o app�y�he
<br /> Funds at the time spec�fied under R�SPA, and�b} not to e�ceed the�m.ax�mum amoun�a Xender can require
<br /> under R.ESPA. Lender sha�l est�ma�e the amoun�of Funds due an�he basis af curren�data and reasona�le
<br /> estimates of expenditures of future Escraw I�ems or otherwise�n ac�ardan�e wi�h Appl�ca�le Law.
<br /> The Funds shai�be held in an ins��tut�on vvh�s�depo��ts are�nsured by a f�deral agency, ins�rumentalit�, or
<br /> en�ity tinciuding Lender, �f Lender�s an�nst�tut�on�v�rhose depos��s are s� �nsured}or in an� F�deral Honze
<br /> Loan Bank. Lender shall app�y�he Funds to pay�he�scr�w ��ems no later�han the�ime specified under
<br /> RESPA. Lender shal�na�charge Borrower for halding and app�y�ng�he Funds, annua��y analyzing the
<br /> escrow accoun�, or��rifying�he Escrow Items, un�ess �;nd�r pa�s Borrovver interes�on the Funds and
<br /> App��cab��Lav�permi�s Lender to ma.I�e such a charge. Unless an agreem�nt is made in vvr���n��r
<br /> App�i�ab�e Law re�uires in�eres�to be pa�d on the Funds, Lender sha��not be required �a p�y Borrflwer any
<br /> in�eres�or earnings�n�he Funds. Borrov�rer and Lend�r�an agree�n writ�ng, hov�e�er, that�n�erest sha���e
<br /> paid on the Funds. Lender shal�gi�e to Borrower, withaut charge, an annua� accoun��ng of�he Funds as
<br /> requ�red b�RESPA.
<br /> �f there is a surp�us of Funds held�n escraw, as de�ned under RESPA, Lender sha�l account to Borrower far
<br /> the excess funds in accordance v�r��h RESPA. �f there�s a shor�ag�of Funds he�d in e�craw, as defined under
<br /> RESPA, Ilender shai� nntify Borrn�v�rer as required by RESPA, and Bflrrower s�a�1 pay�o Lender�he amount
<br /> necessary�o�make up�he shor�age in accordance wzth R.ESPA, but in no more than �2 mfln�hly pay�m�n�s. If
<br /> �her� �s a def�ciency of Funds he�d in es�row, as def�ned und�r R�SPA, Lender sha�� no�if�Borr�vver a�
<br /> N�gRASKA-5ingl�Fami[y-Fannie Ma�lFr�ddie Mac UNIF�RM INSTRUM�NT . �arm 3a28�1�1
<br /> VMP Q VMP�(NE}{�30��
<br /> W�lters Kluwer�ir�ancia(5er�ices Page a vf�7
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