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2� 1 ��8� 15
<br /> An� app�ication of paym�nts, insurance prflceeds, or Miscellan�aus Proceeds to principal due under�h� Note
<br /> sha��no�extend or p�stpone�he due da�e, or change the amoun�, o�`the Periodic Payments.
<br /> 3. Funds for Escrvw I�ems. Borrower shall pay to Lender on the day Per�odi�Pa�ments are due under th�
<br /> Note, un�ii the No�e�s paid in full, a sum��he "Funds"} �a provide for payment�f amoun�s due for: �a} �ax�s
<br /> and assessments and other i�ems which can atta�n priori�y over th�s Secur�ty Ins�rument as a���n�r
<br /> encumbrance on the Proper�y; ��3 �easehold pa�ment�or graund rents on�he Praperty, �f any; �c}pren�iums
<br /> for any and aI� insurance requir�d by Lend�r under Section 5; and td} Mortgage�nsuran�e premiums, if any,
<br /> �r any �ums payable��Borro�er�o Lender in lieu of�he pa�ment of Martgage�nsuran�e prem�ums in
<br /> accordance with the�roWisions of Sect�on I�. These i�ems are ca��ed "Escrov� I�ems." A�or�g�nati�n or at
<br /> any time dur�ng the term of the Loan, Lender may require�ha��ammunz�y Associat�on Dues, Fees, and
<br /> Assessmen�s, if any, b�escrowed by Barrower, and su�h dues, fees and assessmen�s sha�l be an Escrav�►�
<br /> ��em. Borrnwer sha11 promp�iy furnish�o L.�nder a�l not�ces af amoun����be paid under�h�s Sec�i�n.
<br /> Borrower s�ali pay Lender th�Funds for Escrow It�ms unl�ss Lender wa�ves Borrower's�b��gation to pay
<br /> the Funds for an�r or a�� Escr�w �tems. Lender may waive Borrower's abligat��n�a pay ta Lender Funds f�r
<br /> an}�or ai� Escrow �tems a�an�time. An� su�h v�rai�er may�n��be�n wri�ing. �n�he event of such vvai�rer,
<br /> Barrower shall pay directly, v�hen and where payab�e, the amounts du�for any Escrow ��ems far wh��h
<br /> payment of Funds has been wai�ed by Lender and, if Lend�r requires, sha�� furnish to Lender r�c�ipts
<br /> e�id�nci��g such payment vv�thin such time period as I.ender z�nay requ�re. Borrower's obiigation�n make
<br /> such pa�men�s and �a prov�de receip�s sha�� for a1�purposes be deemeci�o be a�o�enant and agreement
<br /> conta�ned in�his 5ecurity Ins�rument, as�he phra�� "cflvenan�and agre�men�" is used�n Sec�ion 9. �f
<br /> Borrow�r is nbligated��pay Escr�� �tems dire�tly, pursuant to a u�ai�rer, and Borro�er fai�s ta pay th�
<br /> am.�un�due for an Escrov�r Item, Lender ma�exercise its ri�h�s under Sectian 9 and pay such aamoun�and
<br /> B�rrawer shall th���e ob�igated under Section 9 �o repay�o Lender an� such a�mount. Lender may re�r�ke
<br /> the v�a��er as to any or a�� Escrow ��em�s at any time by a notic�given in ac�ordance�v�th S�c�ion 15 and,
<br /> upon su�h rev�cation, B�rrower shai� pa��o L�nder ai� Funds, and in such amoun�s, �hat ar�then r�quired
<br /> und�r�h�s Sect�on 3.
<br /> Lender n�ay, at an.�t�m�, c��lec� and hfl�d Funds in an amount (a} suff�cient�o permit Le�der to app�y the
<br /> Funds a�the time specified under R.ESPA., and �b} no��o exc�ed �he max�mum amoun�a�ender can require
<br /> und�r RESPA. Lend�r sha�� est�mate the am�un�af Funds due on�he basis�f curren�da�a and reasonab�e
<br /> estima�es of expenditur�s�f future Escrow I�ems or otherwzse �n a�cordanc�with Applicable Law.
<br /> The Funds shall be held in an insti�ution whose deposits are insured by a federal agency, instrumentality, ar
<br /> ent�ty �in�iud�ng Lender, if I,ender is an institut�on whose deposi�s are so insured} or in an� Federa� Hon�e
<br /> L,oan Bank.. Lender shal� app�y th�Fun�s to pay the Es�row �tems no later�han the t�me speci�ed under
<br /> RESPA. I.�nder shall not charge Borraw�r for holding ar�d appl�ing th�Funds, annual�y anai�zing the
<br /> escrov�r accQunt, or ver�f�ing th�Escrow �tems, un�ess Lender pays Borr�wer in�erest on the Funds and
<br /> Appiicable Law pernuts Lender�o make such a charge. Unl.ess an agreement is made zn wri�ing or
<br /> App��cab�� Law requires int�res�to�e paid�n the Funds, Lender sha�l not be required to pa�Borrower an�
<br /> in�eres�or ea�-nings on�he Funds. Borrower and Lender can agre�in wr�ting, howe�er, that inter�st shali b�
<br /> pai�on th� Funds. I.�nder shall gi�e to Borrov��r, withau�charge, an annual accounting�f the Funds as
<br /> requ�red by RESPA.
<br /> If�here is a surp�us nf Funds he�d �n escro�r, as d�fined under R�SPA, Lender sha�I account�o Borr�wer f�r
<br /> �he excess funds in accordan�e�i�h R.ESPA. �f there �s a shar�age af Funds heid in escrow, as defined under
<br /> RESPA, L�nder sha�l n�tify Borrov�r�r as r�quired by RESPA, and Borrow�r shall pay to Lender�he amaunt
<br /> necessary to make up the shortage�n accordance wi�h RESPA, bu��n no mnre than 1�mon�h��paymen�s. If
<br /> there is a def�c�ency of Funds he�d in�scrow, as defined under RESPA, L.ender shall n��ify Borrawer as
<br /> NEBRASKA-Single�amily-�ann�e MaelFreddie Mac UNIF�RM 1NSTRUMENT �orm 3028 1101
<br /> VMP[�; VMP6�NE){13p2y
<br /> Wolt�rs Kluwer Finan�ia!Ser�ices Page 5❑f�7
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