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2� 1 ���288
<br /> obl�gat�on to pay�a Le�.der F`unds �o� any o�-a��Escrow I�ems a�any��m�. Any st�ch�raiver may only
<br /> b�in�vrtting.In��e e�vex��o�s�.ch�ura�ver,Bor�iovver shal�pay d�re��ly�vvhen a�:d vvher�payab�e,�he
<br /> amat�nts�ue for a�y Escrow I�erns for whzc�i pa�mer��of F'un�s has been�aived by Lenc�er and,if Lenc�e�,
<br /> re�uires, s�1�.I1 fiirnish�o Le�der re�e�p�s ev�dencir�g st�ch payme�.����h�n suc��txm�period�:s Lender
<br /> may rec��.���•e.Borrower's�bXiga.�ion tio ma�{e st�ch paym.ents a�d ta provide rec�ip�s sha���'or a��purposes
<br /> b�deemed to be a covex�ant and agr�emen�co�.ta�ned�n 1;h��Sectiri�y Ins�rumen�,as�he pllrase"covenan�
<br /> ar�d ag�•eeznen�" �s used zn S�ctiion 9e If Barr�wer zs ob��ga�ed to pay Escrow Ite�ns direc�ly,pursL�ant�o
<br /> a waxve�i, azld Borrower fai�s to pay�h�amoun�due fo��an Escrow I��r�z,Len�er may��erc�se i�s rigll�s
<br /> t�ndez•Sec��on 9 �.nd pay�uch a�r��un�an�.Barrower sha��ther�be�bliga�ed t�nder Sec�i�n 9 to z•e�ay�o
<br /> �.ezlder any such amount. Lender m�.y revake the wa�ver as t� any or a�l Escr.ow I�ems a�a�ly ti�.e by a
<br /> na�ice given in accar�a�.c�w�tll S�c��on �.5 and,upor�such revoca��o�,Borrov�er shali pay�a Le��.er a�1
<br /> F'u��ds, �.nd in such�.moun�s,�h�.�ar��hen required L��zder�h�s S e��ior�3.
<br /> Le�ld�r�nay, ��any time, collec�t�r�d hald Ft�nc�s i��ax��.rnour�t�a� sl�ff��i��1t t�permY�Le�der�o�.p�ly
<br /> �he FL�nds�.��he time speci�'ied und�r RESPAy and�h�no��o exce�d the m�.�imt�m amo�.�n���ender�an
<br /> rec�u�re l.�r�der RESPA, L��d�r sha.11�stimate the arnount of Func�s due on�he baszs of cu��ren�da�a and
<br /> reasonable es�imates of expendit��r�s of fu�.�re Esc�•o�v Items or of:herwise�n accarda�ce wz�h A�pl�cab��
<br /> Law.
<br /> The Funds shall be he�d in an iz�s�itution whase c�ep�si�s are inst�r�c�by a federa�agency,ins�r�.�me�ta�i�y,
<br /> or entity(including Ler�der, �f Lenc��r�� ar�ins�it���ion vvhose dep�si�s axe so insL�r�d� or�n a�y Federal
<br /> Home Loan Ban�f,Lender sha1�apply�h�Fl�r�c�s��pay���e Es�row I��ms n�1a��r than the time spec�f�ed
<br /> under RESPA.Len�.er s�.a��not charg�Box�rower f�r holdxng and applying t�le Func�s,annua��y ana�yz�ng
<br /> �he escraw account, or ver�fy��.g the Escrovv Iti�rns,t��less Le�der�ays Borrflwer in�eres�on t�.e Funds
<br /> �.nd App��.Gab�e Law perm��s Lend�r to m�.��e such�:c.�arg�.�..Jnl�ss an�.greement is ma��i�wr�t�ng or
<br /> App�zcabl�Law requ�r�s in�er�s��o b��az�.on the Ft�n�.s,Lend�r s�a.al�no�be requirec��o pa�Borrotiver
<br /> a�.y�n��res�or ear�.ings on t�le Funds e B orrovver and Lend�r can agr��in writing,however,�hat in�erest
<br /> sha��b�paxd on the Ft�nds. I..ex��.er sh���give to�3orrflwer,wi�hflt��charge, an a�znual�ccoun��n.g of the
<br /> F`unds as rec�u�red by RESP,A,..
<br /> If the�°e is a sL�rplL�s of FL�nds h�1d in es�row,�.s defined under I�ESPA,Len�.et sha�l accoun��o Barrovsrer
<br /> f�r the�xcess fz�rid.s in accordar�ce w��h RESPA.If th�t•e is a sho�tage of Fu�ds held zn escrov�,as c�efined
<br /> ur�der RESPA,Le�d�r s�1a11�o#;i�y I�or�io�er as rec�uired by RESPA, a�c�Borrnv�er shal��ay to Lender
<br /> the am�unt�ecessary�o make t�p th�sl�arta�e in a���rc�ar�ce vvith RE�I'A,b�.��in r�o m.ore�Iaan 12 monthly
<br /> pa�men�s, If there is a�.efic��n�y of.Funds he�d��escrov�,as c�ef�ned�.�nder I�ESPA,Len�.er sha���o�ify
<br /> Borrowe�r as requ��red by RESPA, �nc�Borrovver sha��pa��o Lende�r the am�u�t�ecessary t�ma�e up
<br /> th�def�c�er�cy xn accordai�c�v�ith l�.ESPA,but�n no m�re than �2 mon�h�y payme��s,
<br /> ZJp��1 pa�yrrlen�ir�full of��I s�.�rr�s s���r�d by�his Sect�rity I�.s��.�rn�n�,�eild�r sha1��ranap�Iy r�fi.�.�ad fio
<br /> �orro,wer ar�y Fu��s held by L�el�der.
<br /> 40�h�rges; L.iens.Borr�w�r shaX�pay a���axes,�ssessmen�s,charges,�nes,�.xa.d��npos��ior�s att�•�bu��.l�le
<br /> t��he Pr�pe�-�y wh�ch can a�tain,�r�or�#�y ove��hxs Sec�.��ity I11s�rurr��nt, leaseha�c��ayrne�a�s Qr ground
<br /> rents o�the Prop�rty,if any, ���.�on�m�.uri�ty Associa�ian Dues,Fees, and Ass�ssm.en�s,if�ny. To th�
<br /> e�tex��that�hese i�ems are Escra�v�terns,Bor�•a�v��•shall pay them in�he manner provzc�ed in S�c��on 3,
<br /> Hc��-oo���
<br /> NEBRASKA�Single Family�Fanni�Mael�redd�e Mac UNlF�RM INSTRUMENT Farm 30�8 11a9
<br /> VM#�� �71�5
<br /> Walters Kl4iwer Financial Services 2Q�5�'I�'i 15,2,2,3298-J2��5�728Y Page 5 of�T
<br /> '`38 833 6� 5*
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