2� 1 ���347
<br /> Any applica�i�n�f paymen�s, insurance proc�eds, or Miscellan�aus Pro�e�ds to principal due under th�No�e
<br /> shall not extend or�ostpon��he due dat�, or change the a�r�ount, of�he Periodic Paymen�s.
<br /> 3. �`unds for�scrow Items. Barrawer shall pay to Lender on the day Period�� Paym.ents are due under th�e
<br /> Na�e, until�he Note is paid in fu�l, a sum�the "Funds"}�o provide for paymen�flf amoun�s due f�r: �a} �axes
<br /> and ass�ssments and ather items which can attain priorit�o�er�his SeGuri�y Ins�rument as a��en or
<br /> encumbrance an�he Proper�y; �b} �easehold paymen�s ar ground rents an th�Proper�y, �f an�r; ��}pre�niums
<br /> .
<br /> f�r any and all insurance required by L,�nder under Sectia�5; and �d} Mor�gage�nsurance�r�mYums, if any,
<br /> or any sums payab�e�� Barrawer�Q Lender in I�eu of the payment af Mor��age�nsuranc�prem�ums x�
<br /> accordance with the pro�isions of Se�tion 1�, These �tems ar�called "Es�row I�ems." At ariginat��n or at
<br /> an�t�nze dur�ng�he ter�m of the L,oan, Lender may require�hat�ommun�ty Associati�n Dues, Fees, and
<br /> A55�SS�TI�n.�Sy if an�, be escr�wed�y Borrower, and su�h du��, fe�s and assessmen�s shal�be an Escr4w
<br /> �tem. Borrow�r sha��promptiy furn�sh�o Lender al� notices of amaunts to�e paid under th�s S�cti�n.
<br /> B�rrower sha11 pay Lender the Funds for Escrow �tems unless Lender wai�es Borro�ver's ob�igati�n to pa�
<br /> �he Funds for any or ai� �scrow It�ms. Lender may wa�ve Borrower's�b�igation t�pay to Lender Funds f�r
<br /> any or a�1 Es�row items at any��me. Any such wai�er may only be in writing. �n the��ent�f such vva�ver,
<br /> Borrow�r sha��pa�d�rec��y, when and wher�payable, the amounts due for any Escraw Z�ems for whi�h
<br /> paymen�of Funds has been wai�red b� Lender and, �f Lender requires, sha�l furnis� �� Lender receipts
<br /> evidenc�ng such pa�ment vvith�n such��me per��d as Lender ma�require. Borrower's obliga��an t�make
<br /> su�h payments and�o pro�i�.e receipts sha�� for a�� purpo�es be deemed to be a c�venant and agreemen�
<br /> conta��ed �n this Securi�y �ns�rum�n�, as the phrase "co�venant and agreemen�" �s used in Se���on 9. �f
<br /> Barrower�s�b�iga�ed�o pay Escr�w Items directl�, pursuant�o a waiver, and Borrower faz�s t�pa�r�h�
<br /> amaun�due for an�scrav� Item, Lender may�xer�ise i�s rights under Sectxon 9 and pay such amoun�and
<br /> Barrower sha11 then be ob�igated under 5ection 9 to repay to Lender any such amount. Lender may revoke
<br /> �he waiver as to any ar all Escrow Items at any time by a n��ice�x�ven in accardanc�w�th Sec�ion �S a�.d,
<br /> upon such r�vaca�ion, B�rrovver shall pa� to I.end�r all Funds, and in such amoun�s, that are then required
<br /> under this Sect�on 3.
<br /> Lender ma�, at any�ime, �o��e��and hold Funds in an amaunt �a} sufficien�ta permi� Lender�o apply the
<br /> Funds a�th�time�pecified under RESPA, and ��}no�to exceed�he maximum amaunt a lender can require
<br /> under RESPA. Lender shai� estima�e�he amoun�of Funds due on the bas�s of curren�data and reasonab�e
<br /> estima�es�f expendxtur���f future Es�raw Items or o�herwise �n accordance with Applicab�e Law.
<br /> The Funds shall be held in an institution whose depasi�s are insured by a f�deral agency, instrumen�ality, ar
<br /> entity (�nclu�ing L,ender, if Lender is an ins�i�ution whose deposits are so �nsured�ar in an� Federa� Home
<br /> I,�an Bank. L�nder sha11 apply the Funds�o pa� �he Escraw �tems no later than the�ime spe�i�ed under
<br /> RESPA. L,�nder shall not charg�Borrov�r�r far haid�ng and applying �he Funds, annua�ly analyz�ng th�
<br /> escr�w accaunt, or verifying�he Escraw �tems, uni�ss L�nd�r pays Borrower interest an�he Funds and
<br /> Applica���Law permits Lender ta ma.�e su�h a�harge. Unless an agre�men�is mad�in wri�ing or
<br /> Appiicab�e Law requires infer�st to be paid on the Funds, Lender shali nfl�be required�o pay Barrovver any
<br /> �nterest ar�arnings on�h�Funds. Borro�v�r and Lender can agree in writing, howe�er, that int�rest shall be
<br /> pa�d on�he Funds. L,ender shall give�o B�rrower, w��h�ut eharge, an annua� accoun�ing af�he Funds as
<br /> r�qu�re�by RESPA.
<br /> �f there is a surp�us of Funds held in es�row, as defined under RESPA, Lender sha11 accaunt to Borro�v�r f�r
<br /> the e�cess funds in accordance with RESPA. �f there is a shar�age af Funds held in escrow, as de�ned under
<br /> RESPA, L�nder shall no�ify Bo�rower as required by RESPA, and Borrawer sha��pay�o Lender the amoun�
<br /> necessary�o make up the shortage�n accordanc�w��h RESPA, bu� in na mflre than �2 month�y pa�ments. �f
<br /> there �s a de��ien�y�f Funds held in escrnw, as d�f�ned under RESPA, Lender sha�l notify Borrower as
<br /> NEBRASKA-Sing�e�amily-Fannie Mael�reddie Ma�C1N[�ORM iNSTRUM�NT Farm 3�28 11n1
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<br /> Wvlt�rs K�uwer�inancial Ser�ices P�9��o�'��
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