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<br /> An� appl�ca��an of paym�n�s, �nsurance proceeds, ar Miscellan�ous Pr�ceeds�o pr�ncipa�due under�he Note
<br /> shall not ex�end or pastpane the due date, or change�he am�unt, �f�he P�riodic Paymen�s.
<br /> 3. Funds for Escraw I�ems. Borrower sha��pa�r to Lender on the day Periodic Paymen�s are due under the
<br /> No��, un�i� the N��e is pa�d�n fu11, a sum.�the "Funds"}�o provide for payment of amounts due for: �a) �axes
<br /> and assessm�nts and��her��ems wh�ch can at�ain pri�r��y over th�s Security �nstrument as a��en or
<br /> encumbrance on the Pr�perty; (b} leaseho��.payments or ground rents �n th�Proper��r, if any; �c� premiums
<br /> for any and a�l �nsurance required by Lender under Sec��on 5; and �d} Mor�gage Insurance premiums, if any,
<br /> or any sum��ayab�e by Borro��r�o L�nder�n��eu of�he paymen�af N�or�gage Insurance premium� in
<br /> accordance w�th�h�pro�is�ons of Sec�ion 14. Thes�items are ca�led "Es�rtiw �tems." At�r���nati�n ar at
<br /> any�ime dur�ng the term of the Loan, Lender may requ�re tha�Cornmunity Assoc�atian Dues, Fees, and
<br /> Assessments, �f any, be escrowed b�r B�rrav�er, and su�h dues, fees and ass�ssmen�s shal�be an Escraw
<br /> Item. Barrou�er sha��pr�mp�ly furnish�� I.�:nder a��noti�es of amounts ��b�paid under�his Sec�xon.
<br /> Borrower�hall pay �.lender the Funds for Es�row ��ems unless L�nder wai�es Borraw�r's abl�gat�on�a pa�
<br /> the Funds for any or a11 Escrow It�ms. Lender may v�ra��e Borr�wer's obl�gatian�o pay�o Lend�r Funds f�r
<br /> any ar a�� Escrovv ��em� a�any t�me. A�.y such v�aiv�r m.a�only be xn writing. �n th�event of such waiver,
<br /> Borr�v��r sha��pa�direc��y, when and v�here pa�able, the am�unts due for any �scrovw �tems for which
<br /> paymen�of Funds has been wai�ed b� Lender and, if Lender requires, sha11 furn�sh to Lender receipts
<br /> e�r�denc�n�su�h payrnen�within such�ime p�riod as Lender may require. Borrawer's obl�ga�ion t�make
<br /> such payments ar�d to pro��de receipts sha�� far all purpases be deem��d ta�e a covenan�.a�d agreemen�
<br /> conta�ned �n�his Security Ins�rument, as the phrase "ca�enant and agreement" is us�d in Section 9. �f
<br /> Borr�wer is obliga�ed to pay Escr�vv �tems direct�y, �ursuan�to a waiver, and Borrower fai�s to pa�r th�
<br /> am�un�due far an Escro�v �tem, Lender may e�erc�se i�s rights under Sect�an 9 and pay such am�unt and
<br /> Borr��uer shail then�e obligated under 5e�t�on 9 to r�pay�o Lender an�such amount. Lender may revoke
<br /> �he waiver as to any or aII Escrow Z�ems a�any�ime by a not�ce gi�en xn accordan�e v�i�h S�ct�on �.S an.d,
<br /> upfln such r�voca�ian, Barrawer sha��pay�� L�nder a�� Funds, a�a.d�n such amaunts, tha�are then requ�red
<br /> under this Secti�n 3.
<br /> I.ender�rna�, a�any�ime, collect and h�ld Funds �n an amoun� (a� suf�cxent to p�rmit L.ender ta ap��y the
<br /> Funds at�he time sp�czfi�d und�r R�SPA, and�b}nat�a exceed�he ma�imum amflun�a�ender can require
<br /> under RESPA. I.�nder shal� estimate the amount of Funds du��n�he�asis of curr�nt da�a and reasonable
<br /> estimat�s of�xpen��tures of fix�ure Escraw �tem.s or o�herwzse in aGcordax�ce w�th Applicable Law.
<br /> 'The Funds shal�b�held�n an institu��on whose dep�s�ts are�nsure�by a federal agency, instrumen�al��y, or
<br /> en��ty��nc�uding Lender, �f I.ender is an in��ituti�n whose d�pas�ts are so insured}or�n any Federa� Home
<br /> Loan Bank. Lender sha�� app��r the Funds�o pay�he Escr�w �tems na�a��r than the time specz�ed under
<br /> RESPA. Lender sha�� n�t charg�Borro�ver for h��d�ng and appiy�ng the Funds, annua��y analyzing�he
<br /> escrow accoun�, or�er�f�ing the Escr��v ��em�, unless Lender pays Borrower�n�erest on�he Funds and
<br /> App�icable Law permi�s Lender�o make such a charge. Uniess an agreemen��s made�n wr���ng�r
<br /> App��cable Law requrres �nteres�to�e paid an th�Funds, Lender sha�l not be required�o pay Borr�vver any
<br /> in�eres��r earn�ngs on�he Funds. Borro�er and Lender can agree �n wr�ting, however, that �n�erest sha���e
<br /> pa�d on the Funds. L�ender sha�� give to B�rrow�r, vvithout charge, an annua� account�ng of the Funds as
<br /> requ�red by RE�P�4..
<br /> �f�here xs a surp�u�of�unds he�d in escrov�, as def�ned under RESPA, L�nder sha�� accoun���Borrower far
<br /> the excess funds �n accordan�e w��h RESPA. �f th�re is a shor�ag�of Fund�he�d in escraw, as def�ned under
<br /> RESPA, I.,�nder shal�not�f�Borrov�rer as requ�red by RESPA} and B�rrower sha��pay�o Lender the amaun�
<br /> necessary to make up�he shar�age in acc�rdance with RESPA, bu�in no more than �.2 mon�h�y pa�m�nts. If
<br /> �here�s a d�fic�ency�f Funds�e�d in es�ro�, as de�ned under RESPA, Lender sha�� no�ify Borrower as
<br /> NEBRASKA-Single Family-Fannis MaslFreddie MaG UNIFaRM iNSTRUM ENT F�rm 3D28�10�
<br /> VMP�
<br /> VMP6[N�i t't 3�23
<br /> Wolters Kluwer Finar�c€a!Ser�ices Page 5 vf 17
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