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2� 1 ���375
<br /> D�c zD #: ********��66aloi�
<br /> 3. Funds for Escraw Items. Borr�wer sha11 pay �o Lender on the day Period�c Payrnents are due under the
<br /> N�te, until the Note is paid in fu�l, a sum �the "Funds"} to pro��de fvr payment of amounts due fvr: �a}
<br /> taxes and assQssments and oth�r items whi�h can attain priority vv�r this Security Instrumen�as a lien or
<br /> encumbrance vn the Prvperty; tb} leasehold payments or ground rents an the Property, if any; �c} prerniums
<br /> for any and al� insurance required by Lend�r under 5ection 5; and �d} Mvrtgage Insurance premiums, if
<br /> an�, or an�surns payabl�by Borrvwer to Lender in lieu vf the payment nf M�rtgage Insurance premiums
<br /> in accordance v�ith the prv�isians vf 5��tivn 1 U.These items are called"Escrov�Items.'t At ariginat�on or a�
<br /> any tim� dur�ng the t�rm of the Loan, Lender may require that Communi�y Assaciati�n Dues, F�es, and
<br /> Assessment5, if any, be escrowed �y Borrower, and such dues, fees and assessments sha�l �e an Escrovv
<br /> Item. Borrvv�er sha�1 promptly furnish to Lender all n�tices vf amounts tn be paid under this 5ection.
<br /> Borro�ver sha�l pay Lender�he Funds for Escrow Items unless Lender wai�es Borrvwer's ohligation to pay
<br /> the Funds for any vr aI1 Escrvv�Items.�,ender may wa�ve Borrower's v�ligatinn tv pay to Lender Funds for
<br /> any or all Escr�w I�ems at any time.Any such v�aiv�r may on�y be in v�riting. In the event of such waiv�r,
<br /> Borrvwer shall pa� �irectl�, when an� vvhere paya�le, the amvunts du� for any Escrvw Items far which
<br /> payment af Funds has been v�ai�ed by L�nder and, if Lender requires, shall furnish to Lender receipts
<br /> evidenc�ng such payment�vithin such time periad as Lender may require. Bvrrower's vh�igation to make
<br /> such payments and to pro�ide receipts shall for aIl purposes be d�emed tv be a co�enant and agreement
<br /> contained in thi� Se�urity �nstrument, as the phrase "cov�nan� and agreement" is used in Seetian 9. If
<br /> Borrower is obligated to pay Escrow ���ms directly, pursuan� to a vvaiver, and �3�rrvv�er fails ta pay the
<br /> amount due for an Escrvw Item, LQnd�r may exercise its righ�s under Sect��n 9 and pay such am�unt and
<br /> Borr�wer shall then b�obliga�ed under Sectinn 9 to repay to�,�nder any such amount. Lender may revake
<br /> the�vaiver as tv any vr a�l Escrow I�ems at an�time b�a n�t��e gi�en in acc�rdanc�vvith Sec�ivn 15 and,
<br /> upon such revvcat�on, Bvrrower sha11 pay to Lender all Funds, and in such amounts, that are then required
<br /> under this Sect�on 3.
<br /> Lender may, at any time, callect and hold Funds in an amount �a} suff'icient to permit Lender tv apply the
<br /> Funds at the time sp��ified under RESPA,and �h} not ta exceed the maximum amount a l�nder can requue
<br /> under RESPA. L�nder sha�l estunate the am�unt of Funds due vn the basis of current data and reasvnable
<br /> estima�es of expenditures nf future Escrow Items or otherwise in accordance with Applicable Law.
<br /> The Funds shall be he�d�n an institutivn�vhvse deposi�s are insured by a federal agency,instxumental�ty,vr
<br /> entity �including Lender, if Lender is an ins#itutian wh�se deposits are so insured} or in any Federal Hvme
<br /> Loan Bank. Lender sha�l apply the Funds tv pay the Escrovv Items no later than the �ime spec��ed und�r
<br /> RESPA. Lender shall not charge Barrvwer fvr hvlding and appl�ing the Funds, annually ana.lyzing the
<br /> escrovv account, vr �erifying the Escrow Items, unless Lender pays Bvrrov�er in�erest on #he Funds and
<br /> Applicable Lav� permi�s Lender to mak� such a charge. Unless an agreemen# is made in vvri�ing vr
<br /> Appli�ahle Lav�r requires interest to be paid vn the Funds,Lender shall not be required to pay Borrow�r any
<br /> interest ar�arn�g5 an�e�unds. Bvrr�v�er and I�ender�an agr�e in writing,h�wev�r,that inter�st shall he
<br /> paid on the Funds. Lender sha11 gi�e tv Borrower, without �harge, an annua� accounting af the Funds as
<br /> required by RESPA.
<br /> If there is a surplus of Funds held in�scraw, as defined under RESPA, Lender shall accoun�ta Borrvwer
<br /> for the�xces5 funds in accordance w�th RESPA. If there is a shvrtage af Funds he�d in escrow, as defin�d
<br /> under RESPA, Lender shall notify Borr�vvQr as required hy RESPA, and Sorrov�er sha11 pay to Lender the
<br /> amount necessary �a make up the shflrtage in accordance w�th RESPA, but in no more than 1� monthly
<br /> paymen�. �f�h.ere is a a��cie���of Fu�ds he�d �n escrvw, as de�'�n�d under RESPA, Lender sha11 nntify
<br /> BarrvvWer as required by RESPA, and Svrrovver 5ha�1 pay ta Lender�the amount necessary tv mak� up �he
<br /> def�c��ncy in accordanc�with RESPA,but�n nv mvre than 12 m�nthly payments.
<br /> Upon payment �n full of all sums secured by this 5ecurity �nstrum�nt, Lender shall promptly refund ta
<br /> Borrower any Funds held by Lender.
<br /> 4, �harges; Liens. Borrvwer sha11 pay aIl taxes, assessments, charges, fines, and impositians attri�uta�le �o
<br /> the Property which can at�a�prio�it�over th�.s Se�tir�ty I�s�rumen�,leasehald payments ar ground rents on
<br /> the Prvperty, i.f any, and Community Assvcia�ion Dues, Fees, and Assessments, if any. Tv the ex��nt that
<br /> these items are Escrow Items,Bvrrower shall pay them in the mann�r prov�ded in 5ect�vn 3.
<br /> Borrovver sha1� promptl� discharge an� lien vwhich has privrity vver this 5ecurity �nstrument unless
<br /> Sorravver: �a} agrees in�vriting tv the payment vf�he vhligation se�ured by the lien in a manner ac�ep�ahle
<br /> to Lender, bu�only so Ivng as Barrawer is perfvrming such agreement; �b} con�ests the lien in govd faith
<br /> �y, vr defends against enforcement vf the �ien in, 1ega1 proceedings which in Lender's opinian operate to
<br /> pre�ent the enFvrcemen�of t�e �iQn whi�e thos�prac�ea��gs aFe pend�g, but vnly until such prviceedings
<br /> are concluded; or �c} secures fr�m the hvlder of the lien an agreement sa�isfactory tn Lender subvrdi.nat�n�
<br /> the lien to this Security Instrument. If Lender d��ermines�hat an�r part of th� Prvperty is subjec�to a �ien
<br /> which can atta�n priarity o�er#his 5�curity Instrument, Lender may give Borrawer a nntice identifying the
<br /> lien.VWithin 1�da�s af the date on which that nvtice is gi�en, B�rrow�r shall satisfy the lien ar tak�vne or
<br /> more of the act�ons s�t farth abo�e in this Section 4.
<br /> NEBRASKA--Single Famiiy--Fannie MaelFreddie Mac UNlF�RM INSTRUIIAENT Farm 3�28 110'1
<br /> Deed af Trust-N E
<br /> 20�S--NE{48t�3} Page 4 af'I 2
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