201603460 - Laserfiche WebLink

Browse

2� 1 ��34�� Funds f�r Es�row Items unless Lender�vai�es Borrower"s�bliga��on to pay the Funds for any ar all Escraw Items. Lender may waive Bflrrnwer's�bligation to pay to Lender Funds for any or all Escrow Ite��ns at any time. Any such vvai�er may ot�iy be in�vriting. In the ev�nt of such waiver, B�rrawer shall pay dir�ct�y,�vhen and�vhere payab�e,the amounts due for any Escrow Items for vvhich payment of Funds has beep �vai�ed by Lender and, if Lender requir�s, shall furnish to Lender receipts e�idencing such payment wi�hin such time peri�d as Lender may require. B�rrower's obliga�ion t❑ make such paym�nts and�o pr��ide receipts shall for all purposes be de�m�d to �e a co�enal�t and agreement contained in this Security Instru��ne��t, as�he phrase "co��i�ant and agreement" 15 U5�'C� ��`� 5ection 9. If B�rrower is obligated�n pay Escrovv Items directly, pur�uant ta a wai�er, and Borrower fails to pay the amoui�t due for an Escrovv Item, Let�der may exercrse its rights under Section 9 and pay such ai�ount and Borrawer shall then be ob�igated under Section 9�o repay ta Lender any such amoun�. Lender may re�oke the wai�er as to any or all Escr�w I�ej�ns a�any ti��ne by a n��ic�gi�en in accordance with Section I S and, upot� such re�oca�ian, B�rravver shall pay to Lender all Funds, and in such amount5,that are ther� re�uired under this Se�tio�� 3. Lender may, a�any time, collec�and hold Funds it� a�z am��nt�a�suff cient to permit Lender to apply the Funds at the time specified under RESPA, and �b} not to exceed�he��naximum amount a lender can requ�re under RESPA. Lei7der shall estimate the amoun�flf Funds due on the basis of cL�rrent data and reas�nable estimates of expenditures of future Escrow Itet�ns ar oth�rwise �n accordance with Applicable Law. The Funds sha11 be he�d in an institution whose deposits are insured by a federal agency, instrumentality, or en�ity �including Lender, if Lender is an insti�ution vvhose deposits are sa insured} or in any Federal Home Loan Bank. Le��der sha�� apply the Funds t� pay�he Escrow Items no later tha�1 the time specified und�r RESPA. Lender shall not charge Borrovver for holding and applying the Fur�ds, annually analyzing ti�e escro�v account, or�er�fyir�g�he Escrow Items, un�ess Lender pays Borrower interest on the Funds and Applicable Law permi�s Lender�a make such a charge. Unless an agreement is made ii-� �riting or App�icable La�v requires interest t� be paid on th� Funds, Lender shall not be requ�red to pay Borrovver a��y interest ar earnings on the Funds. Borror�ver and Lende�can agree in�vriting, hovve�er, tl�at interest shall be paid on the Funds. Lender sha�l g��e to Borrower, w�thout charge, an annual accoun�ing af the Funds as required by RESPA. If th�re is a surplus of Fu��ds he�d i�� escravv, as def n�d under RESPA, Lender shall accou��t to Borrower far tl�e excess funds in acc�rdance vvith RESPA. If there is a s��artage �f Funds held in escrovv, as def ned under �ESPA, Le��d�r sha�� ntify Borr��v�r as required by RFSPA, and Borro�ver shall pay to Lender the arr�ount nec�ssary to make up the si�ortage in acc�rdance�vi�h RESPA, but in n� more than 12 monthly payments. �f�here is a deficiency of Funds held in escra�v, as def ned under RESPA, Lender sha�l notify Borro�v�r as required by RESPA, and Borrovver sha�l pay ta Lender the amount necessary to make up the deficiency in ac�ordance vvith RESPA, but in no m�re�han 12 m�nthly paymen�s. Upon pay�nen�ix� full of al� sums secured by this Security Instrument, Lender shall pro�np��y refund to B�rrawer any Funds held by Lender. 4. Charges; Liens. Barrovver shall pay all taxes, assessments, charges, fit�es, a��d i�r�positions at�ributab�e to the Property vvhich can attaij� priflrity o�er th�s Secur�ty Instrument, leasehold payments HCFG-�0359 NEBRASKA-Single Family-Fannie MaeJFreddie Ma�UNIF�RM INSTRUMENT Form 3Q28 11�1 VMP� 11115 Wolters Kluwer Financial Services �Q16�52115.3,2.3509-J��16012�Y Page 5 of 17 '922863716213'