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2� 1 ����42
<br /> The Funds shall be he�d in an institution whose deposits are insured by a federal agency, x.nstrumentality, or
<br /> entity �including Lender, if Lender is an institution whose depasits are sv insured} or in any Federal Home
<br /> Loan Bank. Lender sha�l apply �he Funds to pay �he Escrow Items no later �han the time speciFed under
<br /> RESPA. Lender shall not charge Barrower far holding and applying the Funds, annualiy analyz�ng the
<br /> escrow account, or �er�fying the Escrvw �tems, un�ess Lender pays Barrower interest an the Funds and
<br /> Applicable Law permits Lender to make such a charge, UI1��55 an agreement is made in writing or
<br /> App�icable Law reQuires interest ta be paid on the Funds, Lender shall no� be required ta pay Borrawer any
<br /> interest or earnings on the Funds. Borrower and Lender can agree in writing, hawe�er, that interest sha11 be
<br /> paid on the Funds. Lender shalt gi�e �o Borrower, without charge, an annual accaunting of the Funds as
<br /> required by RESPA.
<br /> if there is a surplus of Funds held in escrow, as deFned under FtESPA, Lender shail account to Borrower for
<br /> the excess funds in a�cardance with RESPA. If there is a shortage of Funds h�ld in es�row, as defined under
<br /> RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay �o Lender the amount
<br /> ne�essary to make up the shortage �n ac�ordance wi�h RESPA, but in no more than �2 month�y payments. �f
<br /> there is a deficiency of Funds heid in escr�w, as defined under RESPA, Lender shall notify Barrawer as
<br /> required by RESPA, and Borrower shall pay to Lender the amount ne�essary to make up the deficiency in
<br /> accordance with RESPA, but in n�more than 12 monthly payments.
<br /> Upon payment in full of all sums se�ured by �his 5ecurity instrument, Lender shall promptly refund to
<br /> Borrawer any Funds held by Lender.
<br /> 4, Charges; L'tens. Borrower shal� pay all taxes, assessments, charges, f nes, and impositivns attributable to
<br /> the Property which can atta�n priority o�er this Securiry Instrument, Ieaseho�d payments or graund rents on
<br /> the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To the ex�ent that
<br /> these items are Escrow Items, Borrower shall pay them in the manner pro�ided in Se�tion 3.
<br /> Borrawer shai� promptly discharge any lien whi�h has priarity o�er this 5ecurity �nstrument L1I7��55
<br /> Borrower: �a} agrees in writing to the paymen� of the obligatian secured by the lien �n a manner a�cep�able
<br /> to Lender, but only so long as Borrower is performing su�h agreement; [b}contests the lien in good faith by,
<br /> or defends again5t enforcernent of the Iien �n, Iegal pro�eedings wh�ch in Lender's apinion operate�o prevent
<br /> the enforcement of the lien while thase pro�eed�r►gs are pend�ng, but anly unti� such proceedings are
<br /> con�luded; or (c} secures from the ho�der of the lien an agreement satisfactory to Lender subordinating the
<br /> Iien to this Security Ins�rument. If Lender determ ines that any part of the Property �s subject to a �ien wht�h
<br /> can attain priority o�er this 5ecuri�y Instrument, Lender may gi�e Barrower a noti�e identifying the lien.
<br /> V�ithin 1� days of the date an which that notice is gi�en, Borrower shall satisfy the lien or take one or more
<br /> of the actions se�forth abo�e in this 5e�tion 4,
<br /> Lender may require Borrower to pay a one-time charge for a rea� estate tax �erif�atian andlor reporting
<br /> ser�ice used by Lender in cvnrlection with th�s Loar�.
<br /> 5. Property tnsurance. Borrower shall keep �he impro�ements now existing or hereafter erected on the
<br /> Property insured against tass by fire, hazards included within the terrn "extended co�erage," and any other
<br /> hazards inc�uding, but not l im ited �o, ear�hquakes and floods, for which Lender requ ires insurance. This
<br /> insurar�ce shal� be maintained in the arnaunts �inciuding deduct�bie levels} and for the periods that Lender
<br /> requires. �V�hat Lender requires pursuant to the preceding sentences�an�hange during the�erm of the Loan.
<br /> The �nsurance carrier prv�iding the in�urance shall �e �hosen by Borrower su�ject to Lender's rig,ht to
<br /> disappro�e Borrower's choi�e, which right shall not be exer�ised unreasonably. Lender may require
<br /> Borrower to pay, in �onnection with this Loan, either: [a) a one-time �harge fvr flood zone determination,
<br /> �ertification and tracking ser�ices; or �h} a one-time charge for flood zane determinatian and certificatian
<br /> 00'{i 2435405fi Citibank 3.2.107.12 V2
<br /> NEBRASKA-5ingle Family-Fannie MaelFreddie Mac UNlF�RM INSTRUMENT WITH MERS Form 3�28 1I01
<br /> VMP Q VMR6A[NE}�'i 302).D4
<br /> Wolters K�uwer Financial 5ervices Pa�e fi of 17
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