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201603432
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Last modified
7/24/2017 2:02:34 PM
Creation date
6/2/2016 1:54:41 PM
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DEEDS
Inst Number
201603432
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2� 1 ��3432 <br /> by Borrower,and such dues,fees and assessments shall be an Escrow Item.Borrower sha11 prompt�y <br /> furnish to L�nder a11 notices�f am�unts to be paid under this Section.Borrower sha�l pay Lender the <br /> Funds for Escrow Items unless Lender waives Borrvwer's abligatio�tv pay the Funds for any or a�l <br /> Escrow I��ms.Lender may wai�e Borr�wer's obligati�n to pay to Lender Funds f�r any or all Escrow <br /> Items at any ti.me.Any such wai�er may only be in writing. In the e�ent of such waiver,Borrvwer <br /> sha11 pay directly,when and where payable,the amounts due f�r any Escrow Items for which <br /> payment of Funds has been wai�ed by Lender and,if Lender requ�res,sha11 furnish to Lender receipts <br /> e�idencing such payrnent within such time perivd as Lend�r may require.Borrower's obligatian to <br /> make such payments and to pro�ide receipts sha�1 for all purposes be deemed to be a cavenant and <br /> agreement contained in this Security Instrument,as the phrase"co�enant and agreemenx"is used in <br /> Sect�an 9.If B�rrawer�s obligated to pay Escrow I�ems directly,pursuant to a wai�er,and Borrawer <br /> fails�o pay�he arnount due f�r an Escrow Item,Lender may exercise its rights under Sectivn 9 and <br /> pay such amount and Borrovver sha��then be�Uligated under Section 9 to repay t�Lender any such <br /> amount.Lender may rev�ke the wai�er as to any or all Escrow Items at ar�y time by a notice given in <br /> accordance with Section �5 and,upon such revocation,Borrower shall pay to Lender a�l Funds,and in <br /> such arnounts,that are then requ�r�d under th�s S�ction 3. <br /> Lender may,at any�ime,collect and hold Funds in an amount(a}sufficient to permit Lender to apply <br /> the Funds at the time specified under RESPA,and�b}not to exceed the maximum amount a�ender <br /> can require under RESPA.Lender sha�l estimate the amount of Funds due on the basis of current data <br /> and reasonabl��stimates of expenditures of future Escrow Items or otherwise in accardance with <br /> Applicable Law. <br /> The Funds sha11 be held in an institution whose deposits are insur�d by a federal agency, <br /> insbrumenta.lity,or ent�ty�including Lender,if Lender is an instituti�n whos�deposi�s are so insured} <br /> or in any Federal Horne Loan Bank. Lender sha�l apply the Funds to pay the Escrow Iterns no Iater <br /> than the time specified under RESPA. Lender shal�nvt charge Borrow�r for holding and applying the <br /> Funds,annua.11y ana�yzing the escrow account,�r verifying the Escrow I�ems,unless Lender pays <br /> Borrower interest on the Funds and Applicable Law permits Lender to make such a charge.Unless an <br /> agreement is made in wri��ng or Applicable Law requires interest to be paid on the Funds,Lender sha11 <br /> not be required to pay B�rrower any interest or earnings on the Funds.Borrower and Lender can agree <br /> �n writing,h�we�er,tha��nterest shall be paid on the Funds. Lender sha11 glve�o Borrower,w�thout <br /> charg�,an annua�accounting of the Funds as requ�r�d hy RESPA. <br /> If there�s a surplus of Funds held in escraw, as defined under RESPA,Lender shall account to <br /> Bvrrower for th�excess funds in accardance wit11 RESPA. If there is a shartag�of Funds held in <br /> escrow,as defned under RESPA,Lender shall notify Borrower as required by RESPA,and Borrower <br /> sha�1 pay to Lender the amount necessary to make up the sh�rtage in accordance with RE SPA,but <br /> in no mare than 12 month�y payments. If there is a de�ciency of Funds held�n escraw,as de�ned <br /> under RESPA,Lender shall notify Borrawer as requ�red by RESPA, and Borrower shall pay to Lender <br /> the amount necessary t�make up the deficiency in accardance with RESPA,but in no mor�than 12 <br /> monthly payments. <br /> Upon payment in fu11 af a��sums secured by this Secur�ty Instrument,Lender shall prompt�y refund t� <br /> Borrower any Fur�ds held by Lender. <br /> HCFG-OD35S <br /> NEBRASKA-Single Famdy-Fanrne MaelFredd�e Mac UNIF�RM INSTRUMENT Fflrm 3D28 11�1 <br /> VMP� <br /> 1�115 <br /> Wolters Kluwer Finanr�al 5ernces 201fifl51815 3�35a9-J2a151030Y Page 5 of 17 <br /> * g �* <br />
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