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2� 1 ��52�9
<br /> The Funds shall be held�n an institution whose deposits are insured b�a federal agency, instrument�lity,or
<br /> entity(including Lender, if Lender is an institution whose deposits are so �nsured}or in any Federal Home
<br /> L,aan Bank. Lender shali apply the Funds to pay the Escro�v Items no later than the time specified und�r
<br /> RE SPA. Lender sha11 not charge Borro�ver for holding and app��ing the Funds,annually analyzing th�
<br /> es�row account,ar verifying the Escra�v Items,unless Lender pa�rs Borrower interest on the Funds and
<br /> Applicable Law permits Lender to make such a charge. Unless an agreement is made in�riting or
<br /> A�aplicable Law requires interest to be paid on the Funds,Lender sha11 not b�re�uired to pay Borrower any
<br /> interest or earnings on th�Funds. Barrower and Lender can agree in writing,ho�vever,that interest sha11 be
<br /> pa�d on the Funds. Lender sha11 give�o Barrower,without eharge,an annual accounting of the F�.n.ds as
<br /> requ�.red by RESPA. .
<br /> If there is a surplus of Funds held in escrow,as defined under RESPA,Lender shal�accaunt to Barrower for
<br /> the excess funds in accardance w�th RESPA. If there�s a shartage af Funds held in escro�v,as defined un�ler
<br /> RESPA,Lender sha11 notify Borrawer as requ�.red by RESPA,and Borrower sha11 pa}�t�Lender the amount
<br /> necessary t�make up the shortage�n a�cardance w�th RESPA,but in no more than �.Z month��payments. If
<br /> there is a deficiency of Funds held in escrow,as de�ned under RESPA,Lender sha11 not�fy Borr�wer as
<br /> required by RE SPA,and Borro�ver sha11 pay t�Lender the amount ne�essary to make up the deficiency in
<br /> accardance with RESPA,but in no more than �.2 monthly paymen�s.
<br /> Upon payment in ful�of a11 sums secured by thrs Security�nstrument,Lend�r sha�i promptly refund to
<br /> Borrower any Funds held by Lender,
<br /> 4. �harges;Liens.Borrower shall pay all ta.xes, assessments, charg�s, fines, and impositions attributa.bl�to
<br /> the Property which can attain priority over this�ecurity Instrument, 1eas�hold payments or ground rents an
<br /> �he Property, if any, and Community Association Due�, Fees, and Assessmet�ts, if any. To the extent that
<br /> these items are Escrov��tems,Borrower sha11 pay them in the manner provided in SeGtian 3,
<br /> Borrower sha11 promptly discharge any lien Which has priority over this Security Ins�rument unless
<br /> Borrower: �a}agrees in writing to the payment of the obligation secured by the lien in a manner acceptable
<br /> to Lender,but only so long as Borrower is performing such agr�emen�; (b}contests the lien in gaad faith by,
<br /> ar defends against enforcement of the lien in, �ega�proceedings which in L�nder's apinion operat�to prevent
<br /> the enfarcem�nt af the lien while those proceedings ar�pending,but only until such proce�dings are
<br /> concluded;or(c)secures fr�m the holder of the��en an agreement satisfactory ta Lender subordinating the
<br /> l�en to this Security Instrument. If Lender determines�hat any part of the Praperty is sub�ect to a lien which
<br /> can attain priority over this Security Instrument,Lender may give Borrov�rer a natice identifying the 1ien.
<br /> �]L��thin 1�days of the dat�on�rh�ch�hat notice is given, Borrow�r shai�satisf�t�e lien or take one or more
<br /> of the actions set farth above in th�s Section 4.
<br /> Lender may requue Barrovver to pay a one-time charge for a rea�est.a.te tax verification andlor reporting
<br /> ser�ice used by Lender in connection w�th this Loar�.
<br /> 5. Property Insurance.Borrower shall keep the improvements notiv existing or hereafter erected on the
<br /> Proper�insured against loss by fire,hazards included within th�term"extendec�coverage,"and any��her
<br /> ha2ards inc�udi�g,but no��im�.ted to, earthquakes and floods, for which Lender requi.res insu.ran�e. This
<br /> insuranc�sha11 be mainta�ned in the amounts(including deductible levels}and for the periods�hat Lender
<br /> requires. What Lender requires pursuant to the preceding sentenc�s can change during�he�erm of the Loan.
<br /> The insurance carrier pro�iding the insurance sha11 be chosen by Borrawer subj ect to L�nder's right to
<br /> disapprove Borrower'S Gho�Ce,which right shall not be�xercised unreasonably. Lender may re�uire
<br /> Borrower to pay, in connection with this Loan, either: �a}a one-time charge far flood zone determination,
<br /> certification and tracking ser�ice�;or(b}a�ne-��me charge for flood�one determination and certification
<br /> NEBRASKA�ingle Family-Fannie MaelFr9eddie Mac tJNIF�RM ENSTRUMENT t4ViTH MERS Farm 3428 1141
<br /> VMP C� VMPBA[NE}(1342}.Q4
<br /> Walters K�uwer Financial Services Page fi of 17
<br /> q�33587�9�Q4 �233 ��� D617
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