|
2� 1 �� 1 �2�
<br /> may requ�re.B���ow�r's abli�atio�l to make su�h paymen�s ar�d-�o p�-ov�de recex���s shall For�11�urpases
<br /> be deem.ed to be a G�venanl;and agt�eement con�a�ned in�his S ect�r��y I�str�.�n�e�l�,as�he phrase"cnvenant
<br /> and agreemer�t" is used in Section 9. If Bo�rrower�s nbliga�ed�o pay Escrow I�ems directly,pu��st�ant to
<br /> a wa�ve��, and B orrower fails�n pa��he amat�n��.ue fo�•an Escrov�I�em,Lender zz�.ay exercise i�s rig�i�s
<br /> t�nder S ec��oz�9 and pay st�ch amoL�r��and B or.rower shal�th�r�be al���gated t�n�er S e����n 9�o�•epay�o
<br /> Lender any st�c�i amoun�. L.end�r rnay revolfe the waiver as�o any or a�1 Escrow Items at aray tirne by a
<br /> no�ice given�n accorc�an�e,t�rith S�c�ion 15 and,upor�s�.ch revocat�a�.,B�rrawe�r sha11 pay to Lenc�er all
<br /> Fun�s, and��1 such a�noti�lts,tha�are th�n r�quire�t�nder th�s S ec�ion 3.
<br /> Lenc�er 1nay, a�any t���.�, �o11e��at�d hold Func�s��.ax�arno�.�il��a} suff�c�en��o perm��Lela�er�o app�y �
<br /> the Ft�nds a�the tim�specified.under RESPA, a�d.�b��lo�to�xceec��h�maximu�� azr�oL�nt�,lenc�e�ca�l
<br /> rec��x�re t�r�de�•RESPA. Lende�sha�I es��mate the amou�z�of Funds due-�n�he basis af cur��nt da�a and.
<br /> re�snnab�e�s�ima�e5 of expend�tures o�fut�ire Es�row I�e�ns or�t��rwise�n a�card.ance vsri�h A.pp��ca��e
<br /> Law.
<br /> The Fu.nds s�iall�e held i�an zns���tutxan�vhose deposi�s a�e x�.su�r�d by a federal agen�y,i�s�rumen�ality,
<br /> �r�n�ity�including Lex�der,�f Le�.der�s an insti�uti��whose dep�sits are s��nsu��d} or in an�r Federal
<br /> Home Loar�Banl�,Lender shal�apply�he Ft�nds��pay��le Escrovv Ite�-ns no la�e��f:han�he��rne spec�f�e�
<br /> under RESPA.Lender sha�l not cha.rge B�rrower for holding and applying the F`t�nds,annually ana�yz��.g
<br /> the escrov�acc�un�,or v�r�fying t��e Esc�ow I�ems,t�nless Lender pays Borrower ix��eres�or��he FL�n�s
<br /> and Appli�able La�v permi�s L�n�.er to ma�f�such a charge. ZJx�less ar�agreement is made in writzzag or
<br /> App��cable La�r requires��.te�es�to be p�.�d nr��he Fu�.ds,Lende�shall not be r�quired�a pa�Borrower
<br /> any in��rest or�arnings on�he Func�s, Barrower�nd.Lender can agree��wri�ing,�lowever,�l�a�in�eres�
<br /> shall be pa��.o�l�he Funds. Le�.der sha11 giv�ta Borrow�r,wi�hout charge, an annual ac�oun�i�ig of�he
<br /> Func�s as reqtixred by RESPAa
<br /> If there is a st�r��t�s of Funds held�n escrov�,as d�fi��d u�lder RESPA,Lend�r slla��account to Borrower
<br /> fo�the��cess funds ir�,acG�rd�.��ce vvi�h RESPA,If�h�r�is a shor�age of Ft�nds held�n�scro�v,�.s defin��
<br /> under RESPA,Le�der sha1�notify Borrov�er as rec�uired by RESPA., a�.d B�rrovver�hall p�,y to Lender
<br /> the a�nount�.ecessary�a m�.1f��.�p fhe shor�age�n accordan��vvi�h R�SPA,bL�t in x�o�m.ore�han 1�mollthly
<br /> pay�r�ents. If tl�ere i�a cief°1ci�zz�y of Fu�.�.s held ir�esc�ovv,as defined u�d�r RES�'A,Lendcr sha��n�tify
<br /> B�rr�wer as r�quired by R.ESpA, and Borrov�rer shall�a}��o Lende�i the axnount necessary�o ma�e t�p
<br /> �he def�c�enc�ir�accordar�ce�vi�h R.�SPA,bt�t ir�no more�han 12 mon�h�y payments,
<br /> Upon payment in fi.�1�oF a11 sums secure�.by tllis Secur�ty Ins�r�tment,Lender sha�l p�iamp�ly refunc�to
<br /> B o�rawer any FL�nc�s h�lci b�r Ler�der.
<br /> 4.Ch�r���; Li�ns.Borrav�er sha���aay a���ax�s,assessme�z�s,charg�s;fi�.es,and impositio�.s attributable
<br /> �o the Pr�perty which�an at�ai�n pri��ity aver th�s Secur��y Ins�r�.�rn.ent, leaseho��.payrn.ents a�gr�un�
<br /> rer��s o�1 the Praperty, if a�y, ar�d�o�nmu�zity Associ�:�ia��Dues,Fe�s, and�lssesszn�r��s,if any, To�h�
<br /> _ e��ent��za��hese i�ems are�scrow I�ems,Borrower°shall pay tlzem�n tihe ma���zer pr�vided�n Sec�io��3.
<br /> Barro�ver shal�pramp�:ly discharge�.ny��er�whi�h h�s pri�r�ty ovcr this Secur�ty Inst�.�lne�1�unless
<br /> Barrov�er: ��.�agrees in wr�tir�g�a�h�p�.ym�n�of�he abliga�ifl�z securec�Uy the l�etl x��mar�r�er�.ccep�t�.b��
<br /> �a Le�.de�•,bL�t only�n lo�g as Barrawer xs pe�form�ng st�c�.agreemer�t;�b�co�.�ests the lien in good�'aith
<br /> by, or defends aga�r�s�enfo�ce�n���of�he��e�.zn, �eg�.l pro�eedings wh�ch i�Len�.�r's api�ion opera�e
<br /> HCFG-��35�
<br /> NEBRASKA-5ingle Family-F'anni�MaelFreddi�Ma�IJNI�URIVi INSTRUMENT �arm 3�28 910�
<br /> VMP� �����
<br /> Woiters Kluwer Financial Services 2��602���5,2.2,3298-J24�50728Y Page 5 af 1�
<br /> *�2Q�4758�6�1�*
<br />
|