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2� 1 ���514
<br /> The Funds sha11 be held in an instrtution whose deposits are insured by a federal agency, instrumentali�ty,or
<br /> ex�tity�in�luding Lender, if Lender is an institution whose deposits are so insured)or in an�Federal H�me
<br /> Loan Bank. Lend�r shall appiy the Funds ta pay the Escrow Iten�s na later than the time specif�ed under
<br /> RESPA. Lender sha11 not charge Borrower for holding and applying the Funds,annually analy�ing the
<br /> escro�account,ar ver�fy�ng the Escra�Ite�s,un�ess I�er�der pays�orrawer�nterest on the Funds and
<br /> Applicable La�v permits L�nder to make su�h a charge.Unless an agreement is made in wr�ting or
<br /> Applicable Law requu'es interest ta b�paid�n the Funds,Lender sha11 not be required to pay$�rrower any
<br /> interest or earnings on�he Funds. Barrower and i.ender can agree�n�iting,ha�ever,that Ynterest shal�be
<br /> paid an the Funds. Lender sha1�gi�e to Barrower,without charge,an annual accounting of the Funds as
<br /> required by RE SPA.
<br /> If there is a surplus of Fun�is held in es�ro�r, as defined under RE�PA,Lender shall account to Borrovver for
<br /> the excess funds in accardance with RESPA. If there is a shortage of Funds held in esGr�v�,as defined under
<br /> �E��'A,Le�der sha��not�fy Borra�er as required by RESPA,and Borr��uer�ha11 pa�r�o Lender the amoun�
<br /> necessary to rnake up the shortage in accordance with RESPA,but in no more than 12 monthly payments. If
<br /> there i�a deficien�y of Funds held�n escrow,as def�ned under RESPA,Lender sha11 notify Borrower as
<br /> req�uea b�r��PA,and Bort��ver sha��pa�to Lend�r the amount necessary to mak�up the def czency�n
<br /> accordan�e with RESPA,but in no mor�than �Z rnanthly paymen�s.
<br /> Upon pa�ment in fu�l of a11 sums s�cured by this Security Instrument,Lender sha11 promptly refund to
<br /> Borrawer any Funds held by Lend�r.
<br /> 4. Gharges;Liens.Borrower shal�pay all taxes, ass�ssments, charge�, fines, and imp�sitions attributable ta
<br /> the Property vvhich can attain priority over this Security Instrument, Ieasehold payments or ground rents on
<br /> the Property, �f anyA and�ommunity Association Dues,Fees,and Assess�nents, if any. To the extent that
<br /> these items a.re Escrow Items,Borrower shal�pay�hem in the manner pro�ided in Section 3.
<br /> Borrower sha11 promptly discharge any Iien which has priority over this Security Instrument un�ess
<br /> Bonower: (a}agrees in writing to the payrr�ent of the obligation secured by the lien in a manner aecepta.ble
<br /> to Lender,but an�y sa �ong as Borra�ver rs perfarmrng such agreement; (b}can�ests the Zien rn good faith b�,
<br /> or defends against enforcement of�he lien in, 1ega1 proceedings which in Lender's opinion aperate to pre�en�
<br /> the enforcement of the lien while those proceedings are pending,but only until such proceedings are
<br /> concluded;or�c}secures frorri the hoider of�he iien�an agreement satisfactory to Lender subordi�aating the
<br /> lien to this Security instrumen�. �f�.ender determines that any part of the Property is sub�ect�o a Iien wh�ch
<br /> can attain priarity over this Security Instrument, Lender may give Barrower a.notice identifying the lien.
<br /> Within 1�days of the date on which that noti�e is given,Borrow�r sha11 satisfy the Iien or take one or more
<br /> of the actions set for�h abo�e in th�s Section 4.
<br /> Lender may r�qui.re Borrower to pa�a one-time c�.arg�far a rea�est�te tax�er�f cation andlar repo�-ting
<br /> ser�ice u�ed by Lender in connection with this Loan. '
<br /> 5. Property Insurance.Borrower sha�l keep the improvements novv existing ar hereaf�er er�cted on the
<br /> Pragerty insured against lass by fire,hazards�ncluded within the term"extended coverage,"and any other
<br /> hazards including,but not limited t�, earthquak�s and floods, for which Lender requixes insuranc�. This
<br /> �nsurance shall be ma�nta�ned in�he amounts(including dedu�tible levels)and for�he periods that Lender
<br /> requires. �Nha�Lender requires pursuant to the preceding sentences can change during the term af the Loan,
<br /> The insurance carrier providing the �nsuran�e shall be ehos�n by Borrower subj ect to L�nder's right to
<br /> disappro�e Borro�ve�'s ch��c�,�h�ch��g�.t sha��not be exerc�sed unreasanab�y, Ler�der ma�requu-e
<br /> Borrower to pay, in connection with this Loan, eith�r: �a}a one-time charge for flood zon�determination,
<br /> certification and tracking ser�ices;or(b}a one-time charge for flood zane d�terminatian and+certification
<br /> NEBRASKA�ingle Famiiy-Fa�s�Ee MaeJFr��die Mac UNIF4RM INSTRUMENT WlTH MERS Fomn 3a28 11q1
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<br /> Woiters Kfuwer Financiak Services Page fi of 17
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