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201604506
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Last modified
7/24/2017 2:35:32 PM
Creation date
7/18/2016 10:12:34 AM
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DEEDS
Inst Number
201604506
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2� 1 ��45�� <br /> by Borrower,and such dues,fees and assessments shall be an Escrow Item. Borrower shall promptly <br /> furnish to Lender a�l not��es of amounts to be paid under this Section. Borrawer shall pay Lender the <br /> Funds for Escrow Items unless Lender waives Barrower's obligation to pay the Funds for any or all <br /> Es�row Items. Lender may wai�e Borrower's abligation to pay to Lender Funds for any or all Escrow <br /> Items at any time. Any such waiver may only be in writing. In the e�ent af such wai�er,Borrower <br /> shall pay direetly,when and where payable,the amounts due for any Escrow Items for which <br /> payment of Funds has been wai�ed by Lender and, if Lender requires, shall furnish to Lender receipts <br /> e�tdencin�such payment within such time period as Lender may require. Borrower's ohl�gation to <br /> make such payments and ta pro�ide rece�pts shali for all purposes be deemed to be a�o�enant and <br /> agreement contained in this Security Instrument,as the phrase "�o�enant and agreement" is used in <br /> Section 9. If Borrower is obligated to pay Escraw Items d�rectly,pursuant ta a wai�er,and Borrower <br /> fails ta pay the amount due far an Escrow Item, Lender may exer�ise its rights under Sect�on 9 and <br /> pay such amount and Borrower shall then be obligated under Section 9 ta repay to Lender any such <br /> amount. Lender may re�ake the wai�er as to any vr al1 Escrow Ttems at any time by a notice gi�en in <br /> accordance with Section I5 and, upon such revocatian, Borrower shall pay tv Lender all Funds,and in <br /> suGh amounts,that are then requ�red under this Se�tion 3. <br /> Lend�r may,at any time,cotlect ar�d hold Funds in an amount�a}sufficient to permit Lender to apply <br /> the Funds at the time specified under RESPA,and(b}nvt to exceed the maximum amount a lender <br /> can require under RESPA. Lender shall estimate the amount of Funds due on the bas�s af current data. <br /> and reasanable estimates of expenditures af future Escrow Items or otherwise in accordance with <br /> Applicable Law. <br /> The Funds shai�be heid in an institution whose deposits are insured by a federal agency, <br /> instrumen�ality,or entity(ir�cluding Lender, if Lender is an institution whose deposits are so insured) <br /> or in any Federa�Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later <br /> than the time specified under RESPA.Lender shal� not�harge Borrower for h�lding and app�ying the <br /> Funds,annual�y analyzing the escrow account,or�erifying the Escrow Items, unless Lender pays <br /> Borrower interest on th�Funds and Appl icable Law perm its Lender to make such a charge.Unless an <br /> agreement is made in writing or Appli�able Law requ�res interest to be paid on the Funds, Lender shall <br /> not be required�o pay Borrower any interest�r earnings on the Funds. Borrower and Lender can agree <br /> lIl WCltin�, howe�er,that interest shall be paid on the Funds. Lender shall gi�e to Borrower,w�thout <br /> charge,an annual accounting of the Funds as required by RESPA. <br /> If there is a surplus of Funds held in escrow,as defined under RESPA, Lender shall account to <br /> Borrawer for the excess funds in a�cordance with RESPA. �f there is a shortage of Funds held in <br /> escrow,as defined under RESPA, Lender shali notify Borrower as required by RESPA,and Borrower <br /> shall pay to Lender the amount necessary to make up the shortage in accardance with RESPA,but <br /> �n no more than �2 mvnthly payments. If there is a�ieficiency of Funds held in escrow, as deFned <br /> under RESPA, Lender shall notify Borrower as required by RESPA,and Borrower sha�l pay to Lender <br /> the amount necessary to make up the deficiency in a�cordance with RESPA, �ut rn no more than 1� <br /> month ly payments. <br /> Upon payment in fut��f all sums secured b��this S�curity�nstrument, Lender sha�t promptly refur�d to <br /> Borrower any Funds held by Lender. <br /> HCFG-0�359 <br /> NEBR►45KA-5ingle Family-Fannie MaelFreddie Ma�UNIF�RM iNST�tUMENT Fam 30281Ia1 <br /> VMP� 11l15 <br /> Wbfters Kluwer Finan�ial Serv+ces 201s063a15.3.2.35d�-J20160120Y Page 5 of 17 <br /> R R <br />
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