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2� 1 ��5215
<br /> Any app��ca�ian of payments, �nsurance proceeds, or Mi�ce�Ianeaus Proceeds �o principal du�under the Nate
<br /> shall nat e�.tend or pos�p�ne the due date, or change the amount, of the P�riodiG Payments,
<br /> 3. Funds for�scro��v I�ems. Barrower shal�pay t� Lender on the da� P�riodi� Paym�n�s are due under the
<br /> Note, until �he Note�s paid �n fu��, a sum�the "Funds"} to prov�de f�r payment af amounts due far: �a} �axes
<br /> and assessmen�s and other z�ems wh�ch can a�tain priorit� over this Security �ns�rum�nt as a�i�n or
<br /> encurnbrance on�he Prapert�; ��} l�asehold pa��m�nts or ground rents on the Prop�r�y, if any; (c�premiums
<br /> for an� and a�i insurance required by Lender under Sec�ion 5; and �d� Mor�gage �nsurance premiums, if any,
<br /> �r any suxns pa�abie b� Borr�v�rer to Lender in lieu of the pa�men�of Mor�gage Insurance pr�miums in
<br /> accordanc�with the provxsions of Sect��n �.�. These i�ems are called "Escrow I�ems," A�ariginati�n or a�
<br /> ar�y�ime during�he��rm of the Loan, Lender ma� requ�re that�flmmunity Assoc�a�ion Dues, Fees, and
<br /> Assessmen�s, if any, be escrawed by Borrov�er, and such dues, fe�s and assessments shall be an�scrow
<br /> �tem. Borrower shall pr�mptly furnish to Lender a�i n�ti�es of amounts �o be paid under��.�s S�ction.
<br /> Borr�wer shal�pay Lender�he Funds for Escrow Items uniess Lender waive� Borrawer's abli�a��an to pay
<br /> the Funds for any a�-all Escrow ��ems. Lender may�aiv�B�rro�rer's obl�ga�ion t❑pay�o Lender Funds for
<br /> any or a�l Escr�w Items a�an��ime, Any such�aiv�er ma� an��be�n wr�tin�. �n�he event of such waiver,
<br /> Borrawer shall pay directl�, v�hen and v�her�payable, the arnounts due f�r an�r Es�rov�r �tems f�r vvhich
<br /> paymen�of Funds has b�en wa��ed b� L�ender and, if Lender requires, �hall furnish to Lender r�ceipts
<br /> e�iden�ing such paym�nt w�th�n such time p�r�od as Lender ma�r re�uire. Borr�wer's abliga��on to make
<br /> such paymen�s and �a provide receip�s sha�l for a�� purp�ses be d��med�o be a ca��nant and agreement
<br /> con�ained in thi� Securi�y �ns�rum�nt, as th�phras� "eo�enant and agreem�nt" i�used in Sect�on 9. �f
<br /> Borrower�s�b�igated �o pay Escro�u ��ems dir�c�ly, pursuan�to a v�rai�er, and Borrower fai�s�o pa��he
<br /> amount due for an Escrow �tem, Lender may exercise its righ�s under Sec�ion 9 and pa�such amount and
<br /> Borrower shall then�e obiigated und��r 5ect�an 9 ta repay t� Lender any such amoun�. Lender ma� revoke
<br /> the wa��er as �� any or a�i Escro� Items at an� t�me by a nat���gi�ren�n a���rdance wi�h Sec�ion 15 and,
<br /> up�n such r�vo�a�ion, B�rrower shail pa� to Lender ail Funds, and in such amoun�s, that are�hen requzred
<br /> un�er this Sec��on 3.
<br /> Lender ma�, at any t�m�, co��ect and hoid �unds �n ar�amount �a} sufficien�t�permit �n�er�n app�}��he
<br /> Funds a��h��ime�pec��ied under RESPA, and ��} not�n exceed��e ma�imum amount a Iender can requ�re
<br /> under RESPA. Lender shall �s�ima�e�he am.�un��f Funds due on the basis of curren�data and reasonab�e
<br /> �stimates of expenditur�s af fu�ure Escrow Item�nr�th�rvvise �n ac�ardance with Applica�le Laur.
<br /> Th�Funds shail be he�d�n an�nst��ution vvhose d�pasits are insur�d b� a federai agency, ins�rumenta�it�, or
<br /> ent�t� �inG�uding Lender, �f Lender is an ins�xtution whose depos�ts are so insured} or in any Federal �iome
<br /> Loan Bank. Lender shall apply�he Funds�o pay the Escraw Item�na�a�er than the��xne spec�f�ed und�r
<br /> R�SPA. Lender shal� not charge Borrov�rer f�r holding and applying th�Funds, annuaiiy ana�yzi�g the
<br /> escraw a��oun�, or verifying the�scrow �tems, un�ess Lend�r pays Borr�wer interes�on the Funds and
<br /> Applicable Law permits Lender�o make such a charge. Un�ess an agreement is made in writing or
<br /> Applicable Law requires in��rest�o�e pa�d on�he Funds, Lender sha�l not be requ�red�o pay Borrower an�r
<br /> inf�rest or earnings�n the Funds. Borr�v��r and L.�nder�an agre��n v�riting, hovve�er, that in�erest shall be
<br /> paxd on the Funds. Lender shali give�o Borrower, wi�haut charge, an annual accoun�ing af the Funds as
<br /> require�i by RESPA.
<br /> If�here�s a surplus of Funds held �n escrow, as de�ned under R�SPA, Lender shall aecoun�t� Borr�wer for
<br /> the e�cess funds �n acc�rdance w�th RESPA. If�here�s a shor�age of Funds held in escrow, as de�ned under
<br /> RESPA, Lend�r sha�� not�fy Borrower as r�quired by RESPA, and Barrower sha�l pa�to Lender�he amount
<br /> �ecessary�o n�ake up the shortage in a�cordance v��th RESPA, bu� �n no more than 1Z mon�hly paymen�s. �f �
<br /> ther� is a de�cienc��f Funds held in escrow, as def�ned under RESPA, L�nd�r sha�l no�ify Borrower as
<br /> N�BRASKA-5ingte Family-�annie MaelFreddie Mac UNIFDRM INSTRCIMENT Form 3428 i 1��
<br /> VMP[��, VMPS{NE��130�� _
<br /> Wolters Kluwer Fi�ancial Ser�i�es Pag�5❑f 17 .
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