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2� 1 ��5�31
<br /> An� app��cat�on of pa�men�s, insuranc�pro�eeds, or Miscel�ane�us Proc��ds�o principa�due und�r�he Note
<br /> sha�� no�ex�end or po5tpane the due date, ar change�he amoun�, of the Per�odic Pa�ments.
<br /> 3. Funds for E�cro��v I�ems. Borrov�er sha�l pay to Lender on�he day Per�odic Paym����s are due under the
<br /> Note, until �he Note�s paid �n fu��, a sum�the "Funds"} �o pr�vid�for paymen�of amaunts due for: �a} taxes
<br /> and assessments and other��ems which can attain priority��er this Security �ns�rument as a�i�n or
<br /> encumbrance on the Property; �b} leaseho�d paymen�s or�round rents on�h�Proper�y, if any; �c}premiums
<br /> for an� and all �nsurance required b}� Lend�r under Sectian 5; and�d} N�or�gage�nsurance premiums, if any,
<br /> ar an� sums payable by Barrov�er�� Lender�n lieu of the pa�men�of N�o�r�gage�nsuranc�premiums in
<br /> accordance v��th the pro��sions of Section 1�. These items are called "Escrow Items." A.t originatian or a�
<br /> any tim�dur�ng the term of the Loan, Lender may require�hat Cammun�t� Association Dues, Fees, and
<br /> Assessmen�s, if any, be escrQwed b� B�rrower, and such dues, fees and assessments shal�be an Escrov�r
<br /> Item. Borr�wer shall promp�iy furnish to Lender al�natic�s of amounts to be paid under�hxs Sect�on.
<br /> Borrower shall pay L�nder the Funds for�scrow ��ems unless L.ende�wa��es Borrower's obl�ga�ion to pay
<br /> th�Funds for an�r ar al� Escravv ��erns. Lender may waive Borrower's obiigation�o pay�o Lender Funds far
<br /> any or aIl Escrow ��em� at any time. An� such wai�er may on�y be in�vritin�. �n the e�en�af su�h waiver,
<br /> Borrower shall pa�direc�ly, when and v�rh�re payab�e} the amaun�s due far any Escrovv �tems for wh��h
<br /> paym�nt of Funds has�e�n wai�ed b� Lender and, if Lender require�, shall furnish�o Lender receipts
<br /> evidencin�su�h payment�i�hin such �ime p�r�od as L.ender may require, Borrower's abliga�ion to make
<br /> such pa�men�s and to provide re�eip�s shail for al�purposes be deeme� to be a co�enan�and agreemen�
<br /> cantained in�h�s Security �ns�rumen�, as the phrase "co�enant and agr��men�" is us�d in Sect�an 9. �f
<br /> Borrovver is flbli�ated��pa� Escrow ��ems directl�, pursuant �o a wai�r�r, and Borro�er fails�o pa�r the
<br /> am�un�due for an Escro� I��m, Lender ma� exercise ��s rights under Sec�ion 9 and pa� such amount and
<br /> Borrovver sha�l �hen b���1�gated under S��t�on 9�o r�pay t� Lender any such amoun�. Lender may revoke
<br /> �he wa��er as ta any or all Escravv I�ems at any time by a notice�irren in acCordance with Section �5 and,
<br /> upon such re�vo�atian, Borrovver shall pay to Lender a�i Funds, and �n su�h amoun�s, that are�hen requ�red
<br /> under th�s S�ction 3.
<br /> Lender ma�, at any t�m.e, cfl��ect and hold Funds �n ar�am�unt �a� suf�icien� �a p�rmi� Lender�a appi�the
<br /> Funds at the��me spec�f��d under R.ESPA, and �b}no�ta exce�d the maximum amQun� a Iender can require
<br /> under RESPA. L�nder shali est�ma�e�he amaunt of�Funds due on�he basis of�urren�data and r�asonab��
<br /> es�i�nates�f expendi�ur�s of future Escr�v�r Items�r a�herwxse in accordance with App�icable Law.
<br /> The Funds sha�l be he�d�n an�nst�tu���n whose depas�ts are insured by a federal agency, instrumen�ali�y, �r
<br /> entity �inciuding Lender, if Lender is an �nstituti�n whase d�posits are so insured} ar in any Federal H�me
<br /> Loan Bank. Lender sha�l apply the Funds to pay �he�scr�ur �tems no Iater than the time specified under
<br /> RESPA. Lender shali not charge Bflrrawer for halding and appl�ring the Funds, annua�Iy ana�yz�n��h�
<br /> escrov� acc�unt, �r ver�fying the�scrflw �tems, unless Lender pa�s B�rro�er in�erest on the Funds and
<br /> Applicable Lav�r permits Lender to mak�such a charge. Un�ess an agreement is made in writing ar
<br /> Appl��able Law require� interest to be paid on the Funds, Lender shal� nflt be required t�pa� Borrower any
<br /> in�erest ar earn�ngs on�he Funds. B�rrov�rer and Lender can agree in�r�ting, h�vvever, �hat �nterest sha�� h�
<br /> paid on the Funds. Lender shall gi�e to Borrov�er, without charge, an annua� accaun�ing�f the Funds as
<br /> requir�d by RESPA.
<br /> �f there is a surplus of Funds held in escraw, as de�ned under R�SPA, Lender shall account to Borrower f�r
<br /> �he excess funds in accordance v�rith RESPA. If�here�s a�hortage of Fund�held �n escrow, as def�ned under
<br /> RESPA, Lender sha�� no��f�r Borrower as required by RESPA, and Borravver shall pay to I.�:nder the amaun�
<br /> n�cessary to make up �he shor�age in accordance w��h R�SPA, �u� �n na more�han 1�mon�hiy paym�nts. �f
<br /> there is a d��cienc� of Funds held in escr�w, as de�ned und�r RESPA, Lender shali notif� B�rrov�er as
<br /> N�BRASKA-Single�amily-�annie Mael�reddie Mac UNt��RM 1NSTRUM�NT �orrn 3D28 11d1
<br /> VMP(] VMP��NEy{13p�}
<br /> Wolters Kluwer�inan�ial 5er�ices Page 5 of 17
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