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2� 1 ����83
<br /> Any app�ication of payments, insurance proc�ds, �r Misce�.aneous Pr�ce�l.s to privac�pa�due under the Note
<br /> sh.ail not extend or postpone xhe du�date, or cha�age the amount, of the Periodic Payments.
<br /> 3. Funds for Escrow Items. Barrower sha11 pay�o Lender on�he day P�riodic Payments are due und�r the
<br /> N�te, un�i�fi,he Note is paid i.n fu�.i., a sum�t�e n Funds"}to pro�ide fvr paymen�of amaunxs due for: �a}taxes
<br /> and assessmen�s and other�tems which can atrta�n.pr�or�t�aver th.is Secur�t��nstrument as a l�en or
<br /> encumbrance on the Properc�; tb}i�aseho�d payments or ground rents an thh�Proper�y, if any; �c}premiuxns
<br /> f�r any and a�I insurance requ�r�i by Lender under Sectian 5; and(d}Martgag��nsurance premiums, �f any�,
<br /> or any sums payab�e by Barrower to I.�nder in I�eu af i;he payment of Mor�gage�n.surance premiwrn.s in
<br /> ac�ordan,ee�vi�th t�e proWisians of Sectian 1�. T`hese it�ms are c,a�Ied "Escra�r I�ems." At�riginat�on or at
<br /> any�ime dwr�.ng�he term of the Laan, Lender may require tha�Cvmmw�uty Asso�iaxxon Dues, F�s, and
<br /> Assessm�nts, �f any,be�scrowed by Barrower, and such dues, fe�es and assessments sha1l be an Fscraw
<br /> Item. �rr�w�r sha.il prompt�y furnish ta L.ender a1I notices of amaunts to be paid und�r�hi.s 5ection.
<br /> B�rrower shall pay Lender�he Fu.nds for Es�rnw�tem.s unless Lender war�es Borr��rer's ob�xgation ta pay
<br /> �h.e Funds for any or a1��scrow I�ems. Lender may�ai.ve Borrow�r's obligation xn pay to Lender Funds for
<br /> any or a11 Fscrov�I��ms a�any time. An.y such waiver may only be in vvraitxng. In t�e e�ent of such wai�er,
<br /> Barrawer sha1�pay dir��ly, when and where pa�rable, the amounts due for any Escrow Items for which
<br /> pa�ment of Funds has been wai�ed.by Lender a�a.d, xf Lender requz.res, shali fuxzush to Lender r�:eipts
<br /> e�id�ncing such payment withui such time period as I.ender m.ay requue. Borrower's obliga�i�n�o make
<br /> such payments a�nd to prv�ide receipts sha�.�for a11 purposes be deemed to be a co�enant and agreement
<br /> contain.ed in this Secur�ity Ins�rument, as the phrase �rovenant and agreement� I5 uS�lll 5���4n.g. Yf
<br /> Barrower is obXxga�ed ta pay Escrow Items directly, pursua.n��o a w�av�r, and Borrower faiis to pay the
<br /> amount due for an Fscrow Item, I�nder ma�ex�rcise its rights und�r Sec�ion 9 and pay such amount and
<br /> Borrower sha1�then be nbliga�ed under Se,�t�on 9�o repay ta Lender any such amount. Lender may r��oke
<br /> the wai�er as to any or a11 Escrow Items at an�r time by a notice given in ac�rd.ance with Sectxon 1.5 and,
<br /> upon such re�o�ation, �rrower s�h.all pay to Lender a11 Funds, and in such amounts, �ha�ar�then requ�red
<br /> under this Sectian 3.
<br /> Lender may, at any tune, coxxect and h��d Fund�in an amount�a} sufficient�o permit Lender�to apply�h�
<br /> Funds a��he time sp�ified under RESPA, and�U}not�o e�c�ed the maximum amount a lender can.requ�re
<br /> under RESPA. Lender sha11 es�im.ate the amaun�of Funds due on�he basrs af currenti da�a and reasonab�e
<br /> � estimates of expenditures of future Escrow I�e�m.s or other�rise in accordance with Appli�a.ble Law.
<br /> The Funds sh�11 be held in an in�txtutxvn whose d�posits are insur�d by a federal agency, i.nstrum.en�a�.xty, vr
<br /> entity�including I.ender, if Lender xs an instxtu�ian whase deposi�s are so insured}nr in any Federal.Home
<br /> Loan Bank. Lender sha11 apply xhe Funds to pay th�Es�ro��tems no later t,�ian the txme specif��i und�r
<br /> RESPA. Lender shai�nat charge�rrower for ho�din.g and appxying the Funds, annuaily analyzing the
<br /> escrow accoun�, or�er�fyin.g the Escrow I�ems, unless Lender pays Borro�rer inxerest on the Funds and
<br /> App�i�a.b�e La�v permit5 Lender to make such a charge. Unl.ess an agreement is made in writing ar
<br /> ,Agp�ica.b�e Law requ�.res interest to b�pa�.d�n the Funds, I.ender sha.Il not be required to pay Borrower any
<br /> interest or earnings on�he Funds. �rrower and Lender can agree in wri�ing, howe��r, that interes�shail be
<br /> paid on�he Funds. L�nder shall gx�re tn B�rrower, v�thout�harge, an annuaI,accnunting of�he Fund�as
<br /> requxred by RESPA.
<br /> If there is a surpius of Funds heid in escra�, as defin�d under RESPA, I.�nder sha�1 account tio Bflrra�er for
<br /> th�excess funds in accordance�vith RESPA. If tih�re is a shor�age af Funds h�ld in escrow, as defined under
<br /> RESPA, Lender shall no�ify Barrower as required by RESPA, and�rrower shal.�pa�to Lender th�amount
<br /> nec�ssary�o mak�up the shnrtage in accordanc,�with RESPA, but in no more ichan. �2 mon�hiy payments. If
<br /> ther�xs a def�ciency of Funds he�d in escrow, as defin�under RESPA, Lender shall nntif3r Borrower as
<br /> NEBRASKA-5ingle Famiiy-Fa�nnis MaslFreddis Mac UNIFORM[NSTRUMENT �orm 3028 110�
<br /> VMP� V1111P6fN�){I302y.�0
<br /> Wolters KlUwer Financ�al 5ervices Pa��5 of'i 7
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