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<br /> Any appl�ca��fln af paymen�s, insurance proceeds, ar M�s����aneous Proceeds�fl pr�ncipal due under the No�e
<br /> shall nfl�extend or post�an�the due date, ar change the amount, of the Period�c Payments.
<br /> 3. Funds for Escrow Items. Borrower shal�pay to Lender on the day Periad�c Paymen�s ar��.ue under�he
<br /> No�e, un���the No�e is pa�d�n fu��, a sum�the "FllnCIS�'}�o prov�de f�r paymen�of amounts due for: �a� taxes
<br /> and assess�nen�s and o�her items v�rhich can atta�n priority o�er�his Securit� Instrunr�ent as a Iien�r
<br /> �ncumbra.nce on�he Proper�y; �b}Ieas��old payment�or graund rents on the Proper�y, �f any; �c}premiums
<br /> for an�r and a�I i�surance requ�red by Lender under Section 5; and�d} Martgage�nsurance premiums, �f any,
<br /> or any sums pa�ab�e by Barrower ta Lender�n 1��u of�he payment of Mor�gage Insurance premiums �n
<br /> accordance wi�h the prfl��s�on�of Sectian I�. These items are ca�I�d "Escrow It�ms." A�origina�ion or a�
<br /> an�r��nne during�he term of the Laan, Lender may requir��hat Community Assoc�at�an Dues, Fees, and
<br /> Assessments, �f an�, be escrovv�d b�Borrower, and such dues, fees and assessments shall be an Escrov�
<br /> �tem, Barrower shall promptly furnish�o Lender all notxces�f amounts to be paid under this Section.
<br /> �orro�ver sh�l�pa�Lender the Funds for Escr�w �t�ms un�ess Lender vvai�es Borravwer's obliga�ion�o pa�r
<br /> the Funds for',any or a�l E�crovcr �t�ms. L.ender ma�wa�ve B�rrow�r's obl�ga��on to pay t� Lender Funds f�r
<br /> any flr aII Escrow�tems at any��rne. Any such wa�ver may on��r be in wri�ing. �n the even��f such waiv�r,
<br /> Borrow�r sha��pay dxrect�y, when and where payable, �he am�unts due far any Escr�w Item.s for which
<br /> payment of Funds has been wai�ed by Lender and, �f Lend�r requires, shal� furn�sh��I,�nder r�ceipts
<br /> ev�denc�ng such paymen�within such�ime periad as Lender may require. Borrower's a��igation to make
<br /> such payments and to pro�vide receipts shali for a�l purposes be deem�d to�e a cavenan�and agreem�n�
<br /> con�ained in�his Security�ns�rumen�, as�he phra�� "cov�nant and agreement" is used in Sec�ion 9. �f
<br /> Borrow�r�s a��iga�ed to pa� Escrow �tems d�r�ct�y, pursuan�to a vvaiver, and Borrov�er fa�ls�o pay�he
<br /> amoun�due for an Escraw Item, Lender may��erCise�ts righ�s und�r Se���on 9 and pa�such amount and
<br /> B�rrower shal� then be�b�i�ated under Se�t�on 9 to repa�to Lender any such amoun�. Lender may re�oke
<br /> the wai�er as ta any or aX� Escro� Items at any�ime by a n�tice gi�en in acc�rdance with S��t�on 15 and,
<br /> upon such re�oca�ian, Sarr�wer sha���ay ta Lender a�� Funds, and�n such amounts, �ha�are�hen requ�red
<br /> under�his Sec�ion 3.
<br /> I.ender may, a�any�ime, �o�lect and hold Funds in an amount�a} suffiGien�to permit L.�nder�� app�y�he
<br /> Funds at�he�im�spec�f�ed und�r RESPA, and�b}na��o exceed�he max�mum am�un�a lender�an requ�re
<br /> und�r RESPA. Lend�r shall esti�na�e the amount of Funds due on the basis of curren�data and reasonable
<br /> est�ma��s of expend��ur�s of fix�ure Escrow I�ems or atherwise�n accordanc�with App�icable Law.
<br /> 'Ti�e�unds shal�be�.e�d�n an�ns�i�ut�on w�.ose depos��s are�nsured�by a fe�.�ra1 agen�y, ins�rumental�t�, or
<br /> en�ity�includxng Lender, if L�nder�s an ins�i�u��on whose dep�s��s are so �nsured}�r�n any Fed�ral Horne
<br /> Loan Bank. Lend�r sha1� app�y the Funds�o pay�he Escrovv ��ems no�ater than the time spec�fied under
<br /> RESPA. I.ender shali not charge Borrower for holding and appl�ing the Fund�, annua�ly ana�y��ng�he
<br /> escr�w ac�ount, or v�r�fying the Escraw �terns, unless Lender pays Barrower interest on the Funds and
<br /> Appl�cable Lav�r p�rn�.��s Lender to make such a charge. Un�ess an agreemen�is mad�in wr�ting or
<br /> App�i�ab�e Lavv requires interes�to b�pa�d�n�he Funds, Lender s�all nat be required�o�ay Barrower any
<br /> interest or earnings on�he Funds. Borrour�r and Lender can agree�n wr�t�ng, hovve�er, tha��nteres�sha��be
<br /> pa�d on�he Funds. Lender shal� gi�e ta Borr�wer, w�thout�harge, an annua� acc�unt�n��f the Funds as
<br /> requ�red�by RESPA.
<br /> �f�here is a surp�u�of Funds he�d in e�cr�w, as de�r�ed under RESPA, Lender sha11 ac�oun��a Borrov�rer for
<br /> �he ex�ess funds in accordarace wi�h RESPA. �f�here �s a shor�age of Funds he�d in escrow, as d�f�ned under
<br /> RESPA, Lender sha�l not�f�Borrovver as r�quzred by RESPA, and Borrovv�r shall pa�to Lender�he amaun�
<br /> necessar��o mak�up the shar�age�n accardance with R.ESPA, but in no m.ore�han l.2 mon�h�y paymen�s. If
<br /> th�re�� a defi�iency vf Funds held in escrow, as de�ned und�r RESPA, Lender shall n�txfy Borrnwer as
<br /> NEEiRASKA-Sing�e Family-Fannie Mael�reddi�Ma�UN[��RM INSTRUM�NT Farm 3428 11�1
<br /> VMP� VMP6tNE3�13�2f
<br /> Wolt�rs Kluwer Financial Ser�ices Page 5 of 17
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