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2� 1 ���53� <br /> ��'�Lende�r rece��es a paymen�from BorrQwer for a delinyuent Periodic Payme�t v�hich inc�udes a suf�ci�n�amoun� <br /> �o pay any lat�cha�g�du�,�he paymen�may b���pl�er�to the�elinqu�nt pa�men�and�he�a�e c�ar�e.If�n.are than�ne <br /> �'eriodi� Payrnen� �s vu�s�anding, �.�nder may apply any pa�rment r�ec�ived f�-om �orrovver�o�h� ��paym�nt of the <br /> Perio�i�Pa�rxr�.en���f,and ta the�xtent�hat,each payment ca�.be�aid�n full.�'o�h�ex�en�t�at any excess exists after <br /> �he�aymen��s applied to the f�ll paym�nt of ane or mare Perio�ic Pay�x�en�s,�uch excess m�y�e app�ied to an�late <br /> charges�u�.�aluntary p�epayments shall be a�pli�d firs��ca any�repa�men��harges and then as described in�he Note. <br /> A�y appii�atian of paymentsp ins�u�a�ce proceeds,ar�.isc��lan�o�.s Proc��d�to principai due under the�ote sha�l <br /> no��ex��nd or pas�pane the du�date,or change�h�amQunt,�f#he P�r�c�dic Paymen�s. <br /> �.�`ur�d�far Es�row Items.�orrau�er shai�pay�a Le�.der on�he day periodi��a�ments are du��n�.e�r the�o�e, <br /> un��1 the No�e�s paid in fu��,a s�m�the"Funds"}��pra�ide far paym��t af amaunts due fo�r:�a}�ax�s anc�assessment� <br /> and o�her items �vhi�h can a��a�n priori�y o��r this �ecur��� Instrument as a lien or encumbra��e on the �rope�y; <br /> �b}Ieasehflld payments or graund ren�s on the P�apert�,if any;�c�pr�m�ums for any�nd a���nsu�an�e r�qu�red by Lender <br /> �xnder S�ection 5;and�d)Mo�tgage Insura�.�e premiums,if any,or any sums paya�b�e�a�Bo�ra�v�r�o L�nder in Iieu of t�e <br /> payment��I1�ort�a,ge Insurance premiums in accordanc����h the pr�v�siar�s of Sec��on �a. �`h�se �tems are cal��ed <br /> "Escro�r �te�r�.s."A� o�r�gina�ion ar at ar�y time during the �er� af�h� Loan, Lend�r may r�quzre tha� Cc���munity <br /> Assnc�a�.��n❑ues,Fees,and.P�sse�smen��,�f any,be�s�rawe�by Bo�-z-o�er,ar�.d su�h dues,fees and assessments shall b� <br /> ar� lEscrow Z�em. �a�r��uv�� shal� promptly furnis� �� Lender a�� nQ�ices of amaunts t+o b� paid unc��r ��.is Se���on. <br /> B�rr���r s�all pay Len�.ez-the Funds fflr Escrow Items unless lLender waives Borrv�+rer's obligation�c�pay��.e F�nds for <br /> az�y�r a�l Esc�o�v���ms.Lender may waive Borrower's��ligat�an ta pay to i�er�d�r F�.nds for any o�alt Esc�av�r Iter€�s at <br /> any t�r�.e.Any su�h�vai�er may oniy be in�vriting. In t��e�e��of such wa���r,Barro�er shati payr d�r�c�l�r,v�hen an�. <br /> whe�-�e pa�able,the amounts due for any Esc�rovv��e�s far�h�ch p�y�.ent Qf Fun�s has be�n wai�r�d b�L�en�e�a�d,�f <br /> L��der requires, shall furnish�o Lend�r r�cei�ts �W�denc�ng �uch.payment w�thin such time p�riod as Len�.e� rr�ay <br /> �equire.Bonrower's ab�igat�an�o ma�e such�aymen�s a.nci to grovide r��eipts shall f�r a�l purp�s�s be deemed�o b�� <br /> �ovenan�an�.agreem�n��on�ained in�his Security Instrument,as the ph�rase"cov�nan�anc�agr�emen��'is used in 5��t�an <br /> �.Ifr�arrc�vver is o�b�igated ta pay Escrow�t��x�.s direcfly,pursu�n�to a�vai�er,and Boxro�ver fa��s tQ pay the am�Qu�t due <br /> for an �scr�w I�em, �ender may exer�ise i�s rights und�r S�c���n 9 and�ay such an�a.aunt ax�d�orro�ver s�all th�n be <br /> �b��ga�ed under Sec�Yc�n�to repa��to L�e�d�r an�such a�mou�t.Lerider may reva�e the��ive�r�s t�a�ny nr a�l��s�raw <br /> ��em�s a�any tim�by a n�#��e given i�accorda�ce with Sec�ion 1�5 and, upan s�ch r�vocation, �orrov�er sha�i pay t� <br /> Lend��all Funds,and�n such amounts,that are then requi�r�d under this Secti��3. <br /> Len�.er may,at an��ime,co�lect and hold Funds in ari amot��.�(��suf��ien#�o p�rmit L�nd�r ta app�y the Fund�a� <br /> t�.e�im�s�ec�f ed urider F�ES�A.,and(b�n�t�a exceed th�r�a��mum an��u�.�a lender can require und�r R.E�PA.Lend�r <br /> �ha��es��mate the amaun�of�`ux�ds due on th��bas�s flf�urrent da�a and reasana��e e�timates of exp�nd�tur�s of f���re <br /> Esc�ro��terns ar o�herv+�is�in accQrdance�v���1�ppl�cable La�. <br /> The Funds sha�l�e�e�d in an insl�i�u�ior�whose dep�s�ts a�e insured by a federal a�er�cy,�xtstrurne�.�a���y,or entity <br /> ��n��ud�ng Lend��r,�f L�nd�r is a�n insti�utian wh�se depvsits are so insured)or in any Fe�.eral Hom�L,oan Bank.Lender <br /> shall apply t��Funds���ay the Escrovv Items no later t'han th�txme specif��d un�ier R.ESF�..Lender shall not�harg� <br /> Bort-ow�r fvr holding a�.d ap�p�y�ng the Funds,ann��ll}�analyzing the escro�accaunt,o�-ver�fying th�Escrvv�ltems, <br /> unless Lender�ays Borraw��r int�rest o��he Funds ar��Applicahle�,a�r permit�L.ender to make su�ch��harge.Unl�ss ax� <br /> agreem�n�is made�n writing o�Applicable Law requires�n�er�s���b�pa�d Qn���Funds,�,ender sha��not be r�qui��d#v <br /> pay Bozrovwer any in�er�st or earnings�n�he�u�ds.�arra�ver a�nd L��nder can agree in writxng,haur�ver,that�n�erest <br /> sh���be pa�d an the Funds.Lend�r shall give�o Bc��r��er,vvi���ut charge,an annual ac�otanting Qf�he Funds as r�q��red <br /> ��r��SPA. <br /> �f th�r��s a s�arp��a�4f��nds he�d�n escrow, ��c�ef ned under RESFA, Lender shall ac�aun#�a�arrar�rer f�r the <br /> exc�ss fi�nds i�accardance���h RES�A.�f there is a sh�rtage of Funds held in�s��ro�,as d�f ne�.unde�R�SpA,L�nc�er <br /> sha��Mo��fy Sar�fl�er as requir�d by RESF.A,arid�o�-�-nwer shall�ay to L�nder�he az�aun�n�c�ssary to m�ke up tY�e <br /> shor�age in accardance w�th I�.ESPA,but i�a no m�r�than�Z rn.an�h��pa�n�.���s.�f�h�r�i�a def ciency af Fu�ds held�n <br /> �esc��w,a�def ned under R�S PA,Lender�hali nv�if}r Bc�rrflvver as�equir�d�y R�SPAz and B�rrow�r shall���to L.�nd�r <br /> the amc�unt ne���sary ta make up�he defi�i��cy�n acc�rdance vv��h RESPA,�u�in no m.are�han��monthly pa�m�n�s. <br /> NEBRASKA�Singde Family-�'ann�e�ae�F'�edd�e�ac'�NIFC�R�I 1NSTRUI�ENT F���3D2$ 11D1 <br /> Page 4 of 13 � <br /> 1D5,lrtc.-3163� B��'�Vi{�f S I�E��3I5 <br /> � � <br />