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2� 1 ��4438
<br /> If Lender receiv�s a payment frorn Borrovsrer for a delinquent Periodic Payxnen� wh�ch include� a
<br /> suffic��n� amoun� �o pay ar�y �a�e chargc due, �he paymen�may be appl�ed �o �h� delinquent paym�nt
<br /> and the Iat�charge. If mc�re than one Periodic Paymen�is ou�standing,Lender may apply any paymen�
<br /> recei�ed from Borrower �o the repaym�nt of th� Perzadic Paymen�s �f, and to the cx�en� �ha�, each
<br /> payment can b�paid�n full, To the exten�that any ex�ess exzsts after th�payment is applied to the ful�
<br /> paymen� �f one or m�re Periodic Paymen�s, such �xcess may be app�i�d �o any la�e charges due.
<br /> Vo�untary prepayments sha11 be app�ied �rst t❑ any prepayment charges and�hen as d�scribed in �he
<br /> No�e.
<br /> Any applicat�on of payments, insurance proce�ds, ar Misce�lan�ous Proc�eds �o principal due under
<br /> �he No�e sha��n�t extend or pastpone the due da�e,or change�he amount of the Per�odic Paymen�s.
<br /> 3. FundS for Escrvw Items. Borrower sha11 pay to Lender an the day P�riodic Faym�nts are due under
<br /> �he Note,un����he No�e is paid in full, a sum�the "Funds"�to prav�de fnr payment of am�un�s due for:
<br /> �a} �axe5 and assessmen�s and ��her��ems whzch can attain pr�ority over this Security Instrumen� as a
<br /> lien or�ncumbrance �n the Proper�y; �b� ��aseha�d payments ar ground ren�s on�he Proper�y, if any;
<br /> �c} premiums for any and ali insurance re�uired by Lender under Sectx�n 5; and (d� Mor�gage
<br /> Znsuranc� premiums, if any, or any sums payab�e by B�rrower to Lender �n l�eu of�he paymen� of
<br /> Mor�gage�nsurance premiums in accflrdance wi�h�he pr�vis��ns af Sec�ion 10. These i�ems are ca�led
<br /> "�scrow ��ems." A� origina��an or a� any �ime during �he �erm of the Loan, Lender may r�quir� �ha�
<br /> �ommuni�y Associat�on Dues, Fees, and Assessments, if an�, be escrow�d by Borrower, and such
<br /> dues, fees and assessments sha�� be an Escrow ��em. Borrawer shall pr�mp�Iy furnish ta Lender a�I
<br /> natices of amounts to be paid under this Section. Borrovver sha1� pay Lender the Funds for Escraw
<br /> Items un�ess Lender wa�ves Barr��rer's ob�iga�ian ta pa�r tihe Funds far any or a�1 Escrow Items.
<br /> Lender may wazve Borrawer's ob�iga�ion �a pay �o Lender Funds for any or all Escraw Items at any
<br /> time. Any such wa�ver may only be in �vritin�. In the even� of such waiver, Borrower sha11 pay
<br /> directly,vvhen and where payab�e,�he amounts due for any Escraw�tems for which paymen�of Funds
<br /> has been v�rai�ed by Lender and, if Lender requires, shall furnish �fl Lender r�ceipts e�idencing such
<br /> paymen�vvith�n such��m.e per�ad as Lender may require.Borro�ver's ob��ga�ion t�make such pa�m�nts
<br /> and�o pro�rid� receip�s shal� far a��purposes be deemed to be a coW�nan�and agreement conta�n�d in
<br /> �his Securi�y �nstrumen�, as the phrase "covenant and agreement" is used in Sec�ian 9. �f Borrawer is
<br /> �bligated to pay Escro�v I�ems directly,pursuan�to a waiver, and Borro�er fails�a pay th�amount due
<br /> far an Escrow��em,Lender may exercise i�s ri�h�s under Sectzon 9 and pay such amount and Borrow�r
<br /> sha�� �hen be ob��gated under Section 9 �o repay to Lender any su�h amount. Lender may re�flke the
<br /> wai�er as�o any or all Escraw��ems a�any�ime by a no��ce g�Wen in accordance with Sec��on �5 and,
<br /> upon such revocat�on, B�rro�ver sha11 pay �o Lender a�l Funds, and �n such amoun�s, �ha� are �hen
<br /> required under�his Section 3.
<br /> Lender may, a�any txm�, col�ec�and hald Funds in an amaun��a} sufficien�to permi�Lender�fl apply
<br /> the Funds at�he time specif�ed under RESPA,and�b}not ta exceed�he maximum am�unt a lender can
<br /> require under RESPA. Lender shal�es�imate�he amoun�af Funds due on�he basis flf Curren�data and
<br /> reasanable estima�es of expenditur�s af future Escravv It�ms ar atherwise in accordance �xr��h
<br /> Appl�ca���La�v.
<br /> The Funds sha�l be held �n an ins�itu��on whase depos�ts are insured by a federal agency,
<br /> ins�rumen�ality, or en�i�r ��nclud�ng Lender, xf Lender is an�ns�i�u�ion whose d�posits are so �nsured}
<br /> or in any Federal Home Loan Bank. Lender sha1� apply �h� Funds �a pay the Escrow I�ems no 1a�er
<br /> than�he ��me specxf�ed under RESPA. Lender sha11 no�charge Borro�er fflr holding and app�ying the
<br /> Funds, annua�ly analyzing the escraw accoun�, or verifying �he Escrow ��ems, unless Lender pays
<br /> Borrower in�eres�on the Funds and Applicable Lav�r perm�ts Lender�o make such a charge. Uniess an
<br /> agreement is made in vvri�ing ar AppliGable Lavv requires interest��b�paid on the Funds,Lender shall
<br /> n�t be r�quired to pay Borro�ver any in�eres�or earnings on�h�Funds. Borrov�er and Lender can agree
<br /> NEI3ItASKA-Singte�'amily-Fannie iNaelFreddie iNac UNT�'U�M INSTRUMENT �orrrs 3fl28 IIUi
<br /> �2U04-2�1 f�Compliance Systems,Inc.9d1 b3d44-93dc4 l�h-2�i d.�12.D.2
<br /> Sir�gle Family ReaI Estate-Security Instrument DL��47 Page 4 of 14 www.campliancesysierns.com
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