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2� 1 �� 1325
<br /> Lender may, at any t�me, collect and h�ld Funds in an amount�a}sufficrent to p�rmiti Lender to apply#he Funds
<br /> at the time specified under RESPA, and�b}not tfl exceed the maximum amoun�a Iender can require under RESPA.
<br /> Lender shall estimate the amount of Funds due on the bas�s af current data and reasonable estimates�f expendi�ur�s
<br /> af future Escraw Items ar otherwise in accordance w��h Applicable Law.
<br /> The Funds shal� be held in an institution whose depasits are insured by a federal agency, instrumentality, or
<br /> entity (including Lend�r, if Lender is an institution vvhose deposits are so insured} or in any Federal Home Loan
<br /> Bank. Lender shall apply th�.Funds to pay the Escr�w Iterns no later than�he tiime specif ed under RESPA. Lender
<br /> shali no�charge Barrower for hoiding and applying the Funds, annually analyzing the escraw account, or Werifying
<br /> the Escrovv Items, unless Lender pays Bnrrower interest on the Funds and Applicable Law permits Lend�r to make
<br /> such a charge. Unless an agreement is made in writing or App�icable Law re�uires interest�o be paid an the Funds,
<br /> Lender shall not be re9uired#o pay Borrawer any interest ar earnings on the Funds. Borrower and Lender can agre�
<br /> in writing, however,that in�erest shall be paid on�he Funds. Lender shall gi�e to Borrowe�,without cha�-ge,an annual
<br /> accounting of the Funds as requi�ed by RESPA.
<br /> If there is a surplus of Funds held i n escrow, as defined unde�-RESPA, Lender shall accaunt to Borrower for
<br /> the excess funds in ac�flrdance with RESPA. �f there is a shortage of Funds hetd in escraw, as defined under RESPA,
<br /> Lend�r shall no�ify Borr�wer as re�uired by RESPA, and Borrower shall pay ta Lender�he amout�t necessary to make
<br /> up the shortage in a�cardance�vzth RESPA, but in no more than 1 Z mon�hly payments. Tf there is a deficiency of
<br /> F`unds held in escrow, as def ned under RESPA, Lender shaIl natify Barrower as required by RESPA, and Borrower
<br /> shall pay ta Lender the amount necessary ta make up�he defi�iency in accordance with RESFA, but in no m�re than
<br /> 12 mon�hly paymen�s.
<br /> Upon payment in full of a��sums secured by this Security Instrument, Lender sha11 promptly refund to Barrower
<br /> any Funds held by Lender.
<br /> 4. Charges; Lrens. Borrower shall pay all�axes, assessments, charges, f nes, and impositians attrfbutable tn
<br /> the Property which can a�tain priority ove� �his Security Instrument, leasehold payments or graund rents on the
<br /> Property, if any, and�ommuni�y Association Dues, Fees, and Assessments, if any. To the ex�ent that#hese items are
<br /> Escrow�tems, Borrower shall pay them in the manner pra�id�d in Section 3.
<br /> Borrower shall prvmptly discharge any Iien which has priorit� o�er this Securi�y Instrument unless Borrower:
<br /> �a}agrees in writing ro the payment af the obligation secured by the lien in a manner acceptable�o Lender, but only
<br /> so Iong as Borrower is perfarming such agreement; �b� contes�s the lien in gaod fai�h by, nr defends against
<br /> enforcement of the lien in, legal praceedir�gs�hich in Lender's opinion aperate to pre�ent the enforcement of the lien
<br /> whi1�those prvc�edings are pendir�g, but anty untiil such proceedings are concluded; or (c}secures from the ho�der
<br /> ofthe lien an agreementsa�isfactary tfl Lender subordinating the lren t�this Security Instrument. If Lender determines
<br /> that any part of the Property is subject to a�ien which can a�tain priority over this Security Instrument, Lender may
<br /> gi�e Borrower a natice identifying the lien. Within l�days of the date on which�hat notice is gi�en, Borrawer sha�l
<br /> satisfy#he�ien or take one or mare af the actions se�forth abo�e in�his Sec�i�n 4.
<br /> 5. Praperty Insurance. Borrower �ha�l �eep the impra�ements now exist�ng or hereafter �rected an �he
<br /> Property insured against loss by fire, hazards inc�uded within the term "ex�ended co�erage," and any other hazards
<br /> including, but no�limited to, ear�h�uakes and floods, for whf�h Lender requires insurance. This insurance shall be
<br /> rnaintained in the amounts(incIuding deductible le�els}and for the periads�ha�Le�der re�uires.�hat Lender r�quires
<br /> pursuan�to the preceding sentences can change during the term of the Loan. The insurance carrier pro�iding �he
<br /> insurance shal� be chosen by B�rr�wer subject to Lender's right to disappro�e B�rrower's choice, which righ�shal l
<br /> not be exercised unreasonab�y. Lender may require Barrowe� to pay, in connection with this Loan, either: �a} a
<br /> one-time charge for flood zone determination, certification and tracking ser�ices; or�b}a one-time charge for flood
<br /> zone determina�ian and certification ser�ices and subsequen�charges each time remappings or similar changes occur
<br /> which reasonably might affect such de�ermination or c�r�ification. Barrower shall alsfl be respansib�e for the payment
<br /> o�any fees impased by the Federal Emergency Manageinent Agency in connecti�n with the re�ievv of any flavd zane
<br /> de�ermination resulting from an obje�tion by Borrower.
<br /> If Borrower fai�s to maintain any of the ca�erages described abo�e, Lender may obtain insurance co�erage, at
<br /> Lender's option and Borrower's expense. Lender is under no�bligation to purchase any particular type or amount
<br /> N EBRASKA FHA DEED �F TRUST- MERS DacMagic
<br /> N ED�TZ�.FHA 09/14/15 Page 5 of 13 www.dvcmagic.com
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