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2� 1 ��74�9
<br /> Any applica�ion of pa�menfis, insurance pro�eeds, or N��s����aneaus Proceeds to princ�pai due under�he No�e
<br /> shail not ex�end or postpone the due da�e, or�hang���ae amount, of the Period�c Paym�n�s.
<br /> 3. Fu��dS for Es�row I�ems. Borrower shal�pay�� L�nder on�he day Periodic Paymen�s are due under�he
<br /> Note, unt�1�he Note�s paid �n ful�, a sum��he "Fun�.s"} ta pr�vide for payment of amounts due far: (a} �axes
<br /> and assessmen�s and other�t�ms whi�h can at�ain priori��o�er this S�curity Ins�rumen�as a Iien or
<br /> encumbrance on�he Proper�y; �b} �easehoid paymen�s ar gr�und rents�n the Prop�r�y, if any; �c}premiums
<br /> for an�and alI insurance required by L�nder under Sectxon 5; and �d} N�ort�ag�Insurance premiums, if any,
<br /> or any sums pa�able by Borrower to Lender in lieu of the pa�ment�f Mortgage Insurance premiums �n
<br /> accordance with the pro��sions of Section ��. Th�se items are caile� "E��row ��ems." At or�ginat�on or at
<br /> any�ime durxng the term�f the Loan, Lender ma�r require�ha��ommuni�y Associat�on Dues, Fees, and
<br /> ASS�'SSIIl�n�S, if any, be es�rowed by Borrower, and such dues, fees and assessments shal�be an Escr�w
<br /> �tern. Barr�wer shall promp�iy furnish ta Lender aI� nat�ces of amounts�a be pa�d under this Sec�ion.
<br /> Borrov�er sha��pay Lender�he Funds f��-Escrow �tems unless Lender�vaives Barrower's obligation ta pay
<br /> the Funds for any or a�l �scrow �tems. Lender ma�wa��e Borrower's ob�i�a��on ta pa�ta L�nder Funds for -
<br /> an�or all Escr�v� I�ems at any time. Any such wai�er rxza�only be in wri�ing. �n the tven�of such vva��er,
<br /> Borrower sha��pay directly, when and�rhere payahle, the anaounts due for any Escrow �rems far vc�h�ch
<br /> pa�rment of Funds has been�vaived b� Lender and, if Lender requires, �haii furn�sh�o Lender receipts
<br /> e�idencing such pay�m.en�within such time per�od as I.end�r ma� require. Borrov�er's abl�gat�on t�make
<br /> such payments and�o pro�ide rece�p�s shai� f�r ali purpos�s be deen��d to be a covenant and agreernen�
<br /> contain�d �n th�s Securi�y Instrumen�, as the p�rase "c��enant and a�reemen�" �s use� in Sect�on 9. �f
<br /> Borrawer�s abl�gated t�pay Escrow Items d�re�t�y, pursuant to a waiver, and Borrower fails�o pay the
<br /> ari�ount due for an Escrow �tem, L,end�r n�a}�e�erc�se i�s ri�h�s under Sect�on 9 and pay such amoun� and
<br /> Borrawer shaii then be obliga�ed under Sect�on 9 to repay t� Lend�r any such amount. Lend�r may re�oke
<br /> �he wai�er as to any or a1� Escrov� �tems at any �im�by a noti�e�iven �n accordanc�w�th Section �5 and,
<br /> up�n such re�aca���n, Borrov�er shai�pay�o Lender a�I Funds, and in such am�unts, �ha�are th�n requ�red
<br /> under this Section 3.
<br /> Lender may, a� an�time, collect and ho�d Funds in an amaunt (a� suffi�ien��o perrn.�t Lender t� app�y the
<br /> Funds a��he t�me specified under RESPA, and �b} not to exceed�he maximum amoun�a l�nder can require
<br /> und�r RESPA, Lender sha�l estima��the amaun�of Funds due on�he basis of curr�nt data and reasonab�e
<br /> estimates of expendi�ures of fu�ure Es�ro�v �tems or o�herwise �n accordance w��h App�ica��e Lav�.
<br /> The Funds shai�be he�d �n an ins�itut�on whose depos��s are �nsur�d by a federal agency, �nstrum�n�a�i�y, ar
<br /> ent��� �including L�:nder, if L.�nder�s an inst��uti�n whose deposi�s are so �nsured}or in any F�dera� �3ome
<br /> Loan Bank, Lender shall appiy the Funds to pay the Escrow ��ems n� �a�er than�he tim�specif�ed under
<br /> RESPA. Lender sha�i no�charg�Borrower fflr holding and apply�n�the Funds, annually anaiyzing the
<br /> escraw account, or verifying the Escraw It�ms, un�ess I.ender pays Borrower inter�st on�he Funds and
<br /> Appl icable Law permits L.�nder ta make such a cha�ge. Un�ess an agr�ement is mad�in v�ri�ing or
<br /> App��cabl� Law r�quires interes�to be paid on th�Funds, Lender sha11 no�be required to pay B�r�-ower any
<br /> �n�erest or earnings an�he Funds. B�rr�v�er and I.�ender can agree�n�vri�ing, howe�rer, that�n�eres�shal�be
<br /> pa�d�n�he Funds. Lender sha��gi�e to Borr�wer, withou�charge, an annual acc�unting of the Funds as
<br /> required�by R�SPA.
<br /> �f�here is a surplus of Funds held in escr�w, as de��ned und�r RESPA, Lender shali account to Borr�vWer fflr
<br /> �he excess funds in accardance with RESPA. If there�� a shor�age of Funds held in escrow, as defned un�er
<br /> RESPA, L�nder shall n�t�f� Barrawer as required by RESPA, and Borro�ver shal�pa� �o Lender the amaun�
<br /> neGessary to mak�up �he sh�rtage in accardanc�ur�th RESPA, but in no more tha� ��monthly paymen�s. If
<br /> �here�s a d�f�c�enc��f Funds he�d �n escr�vw, as de�ned under RESPA, Lender shal�notify Borrow�r as
<br /> N�gRASKA-Single�amily-Fannie MaelFreddie Mac LlNi�ORM�NSTftUM�NT Form 3D�8�lU�
<br /> VMP(] VMPfi(NE}�13�2}
<br /> Wvlters Kluwer�ir�ancia!Ser�ices Page 5❑f'f 7
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