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2� 1 ��4815
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<br /> "covenan�and agreement" �s used in Section 9. If B�rrower�s ob�igated�o pay Escraw�tems directly, pursuant to
<br /> a waiver, and B�rrower fails to pay�he amount due far an Escr�w Item, Lender may exerc�se its rights under Sect�on
<br /> 9 and pay such amount and Borro�er shaZ��hen be ob��gated under Section 9 to repay�a Lezader any such amaun�.
<br />: Lender may revoke the wai�er as to any flr all E�crow�tems a�any�ime by a notiee g�ven in accordance wi�h 5ection
<br />� �5 and, upon su�h rev�ca�ian, Borrawer shall pay ta Lender a�l Funds, and in such amounts, that are then required
<br /> under th�s Sec�ion 3.
<br /> L�nder may, at any time, collect and hold Funds in an amount�a)sufficien�to perm��Lender�o apply the Funds
<br /> at the time specif ed under RESPA, and�b}not�o exceed the ma��mum amount a�ender can require und�r RESPA.
<br /> Lender shall estimate�he amount of Funds due an the basis of current data and reasona�le estimates af ex�enditures
<br /> af future Escravv Items or otherwise in accardance with Applicable Lavv.
<br /> TThe Fund� shal� be held in an institution whose deposi�s are insured by a federal agency, instrurnentali�y, or
<br /> entit� [includ�ng Lender, if Lender is an ins�itution whase deposits are sa insured} ar in any Federa�Home Loan
<br /> Bank. L�nder shail apply the Funds ta pay the Escrow Iterns no�ater than the time specified under RESPA. Lender
<br /> shail no�charge Borrawer for halding and applying the Funds, annually analyzing�he escrow account, or verifying
<br /> the Escrow It�ms, unless Lender pays Borrawer interest on the Funds and AppliGab�e Law permits Lender to make
<br /> such a charge. Unless an agreement is made in writing ar Applicab�e Lavv requires interest to�e paid on the Funds,
<br /> Lender shall not be required to pay Borrower any in�eres�or earnings on the Funds. Sarrower and Lend�r can agree
<br /> tn writing, however, that interest shail be paid on the Funds. Lender sha�l g�ve to Borrower, wi�hout charge, an
<br /> annual accounting�f the Funds as required by RESPA.
<br /> �f there is a surp�us of Funds held in escrow, as defined under RESPA, Lender shall account to Borrower for
<br /> the exc�ss funds in accordance wi�h RESPA. Zf there�s a sh�ortage of Funds he�d in escraw,as d�fined under RESPA►,
<br /> Lender shai�n��ify Borrower as required by RESPA, and Barrawer shal�pay�o Lender the amount necessary ta make
<br /> up the shortage�n accordance with RESPA, but �n na mare�han 12 mon�hly paymen�s. If there is a defic�ency of
<br /> Funds he�d in escrow,as def ned under RESPA,, Lender shall natify Borrower as required by RESPA, and Borrower
<br /> shall pay to Lender the amaunt necessary t�make up the deficiency in accordance with RESPA, but in no mor�than
<br /> �.2 manthly payments.
<br /> Upox�paymen�in full of alI sums secured by this Security�nstrument, Lender shail promptly refund�o Borrower
<br /> any Funds held by Lender.
<br /> 4. Charges;Liens. Barrawer sha�l pay all ta.xes, ass�ssments, charges, fines, and�mpvsitions attributable to
<br /> the Praperty which can a�tain priorzty over th�s Security Instrument, Ieaseho�d payments or ground rents on the
<br /> Property, if any, and Cammunity A�sociation Dues, F�es, and Asses�men�s, if any. To the extent that these items
<br /> are Escraw Items, Borrower shall pay them in the manner pra�ided in Sectian 3.
<br /> Borrower shall promptly discharge an�r Ii�n which has priority over this Security Instrumen�un�ess Borrower:
<br />; �a}agrees in writing to th�payment af the ob�iga��on secured by the Iien�n a manner a�cep�ab�e to L�nd�r, but only
<br /> so Ivng as Borra�ver is performing such agreement; �b) cantest� the lien �n gavd faith by, ar defends against
<br /> enforcement of th�Iien in, legal proceedings which�n Lender's opinion operate to prevent the enforcement of the lien
<br /> while�hase proceedings are pending, but anly until such praceedings are conc�uded; or �c} secures fram�he ho�der
<br /> of the ��en an agreement satisfactflry to Lender subordinating �he lien �a this Security Instrument. �f Lender
<br /> determines�ha�any part of the Property�s subjec�to a lien which can attain priori�y o�er this 5ecurity rns�rument,
<br /> Lender may gi�e Borro�er a notice �deritifying the ��en. �]L�ithin 1� days of�he date on which tha�notice is gi�en,
<br /> Borrawer shall sa�isfy the Iien or take one or more of�he actions set forth above in this Sectian 4.
<br /> Lender may require Borrower ta pay a one-time charge far a real estate�ax�erifica�ian andlor reporting ser�ice
<br /> used by�ender in connec�ion with this Loan.
<br /> 5. Property Insurance. Barrower sha�� keep the �mpro�ements nov� existing or hereafter er�c�ed on the
<br /> Property insured againsf loss by fre, hazards includ�d within the term "extended cflverage," and any other hazards
<br />. �nc�uding, but nat limited to, earthquakes and flflods, for which Lender requ�res�nsurance. This insurance shaii be
<br /> maintained in �he amoun�s �inciuding deduetibie le�els} and for �he per�ods that Lender requ�res. VL�hat Lender
<br /> requires pursuant ta the preceding�ent�nces can change during the term of�he Laan. The�nsurance carrier prv�zding
<br /> the xnsurance sha1�be chosen by Barrower sub�ect�fl Lender's right ta disappro�e Barrower's choice,vvh�ch right shall
<br /> NEBRASKA--Single Fami�y--Fannie MaelFreddie Mac UNfF�RM INSTRUMENT- iUIERS pnc�yr��lc
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