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2� 1 ��8248
<br /> Any applicat�on of pa�ments, �nsurance�roceeds, �r Misce��aneous Proceeds�a principal due under the N��e
<br /> shal� nat ext�nd or postpon��he due date, or change�he amoun�y �f�h�Periodic Payments.
<br /> 3. Funds far Escrow I�ems. B�rr�wer shali pa�to L�nder on the day Periodic Paymen�s are due under�he
<br /> I���e, un�i� �he No�e is paid �n fu��, a sum�the "Fun�s"}to prov�d�far paymen��f amounts due for: �a} �axes
<br /> and assessments and o�h�r i�ems which can at�ain pr�Qrity over�his Security �ns�rumen�as a�ien or
<br /> encumbrar�ce on�he Proper�y; �h} leasehold paym�nts ar ground ren�s�n�he Pr�p�r�y, xf an�; �c}premiums
<br /> for any and a�I insurance required b�r Lender u�.der Sectxon S; and �d} Mor�gage�nsu�ance premiums, �f any,
<br /> or an�r sums pa�ab�e b�Borrov�er ta Lender in 1�eu�f the paymen�of Mortgage�nsurance pr�miums in
<br /> accordance wxth the provisions of Sec�ion �D. These items ar�ca��ed "Escrow �tem�s." A�or�gxnat�on or at
<br /> any t�m�e during the�erm of�he L,oan, L�nder may r�quire that C�mmun�ty Assoc�at�on Dues, Fees, and
<br /> Assessmen�s, if any, be escr�vved by Borrower, and such dues, fees and assessments sha�i be an Escro�v
<br /> Item. Borrower sha�1 promp�ly furn�sh�o L�nder a�l natices�f amoun�s�o be paid under�h�s Section.
<br /> Borrav�er sha11 pay Lender the Funds for Escrow ��em�s un�ess Lender�vaives Borrawer's obligation�o pay
<br /> th�Funds for any or ali Escraw ��ems. Lender may waive Borrawer's ob�iga�ion�o pay�a I,ender Fund� fflr
<br /> any flr alI Escraw Items a�any t�me. Any suc�.waiver may onl�be�n v�rriting. In�ae e�ent of such wa��er,
<br /> Borrov�er shall pa�directiy, when and v�her�paya�le, the amounts due for an� Escr�w X�ems far which
<br /> payment�f Funds has been�vaxved�� Lender and, �f Lender require�, sha�� furnish�o L.ender receipts
<br /> e��dencing such paym�nt w�thin such�ime per�ad as Lender may require. Borrower's �bligat�on ta make
<br /> such payments and to pravide r��eip�s sha��far a���urposes be deemed to�e a cavenant and agreemen�
<br /> contained in�his Se�ur��y �nstrument, as�he phrase "c�venan�and agreement" �s used in Sectian 9. Zf
<br /> Borrower is obl�ga��d to pay Escrow Ztems directly, pursuan��a a wai��r, and Borrower fai�s tn pay�he
<br /> amount du�for an Escraw Item, L�nder may ex�rcise�ts rights under Section 9 and pay such amoun�and
<br /> B�rrower shall �hen be obligated under Sect�on 9 to repay�.o Lender any such amoun�. Lender may re�ake
<br /> the waxver as to any or a11 Escraw �tems at any�ime by a not�ce g�ven in aGcordanc�vv�th Section 15 and,
<br /> upan �uch revacation, B�rrov��r shall pay�o Lender aIi Funds s and �n such amaun�s, that are then requ�red
<br /> under th�s Section 3.
<br /> Lender may, at an��ime, co�lec�and hold Funds in an a.mount�a} suf�cien�ta pernli�Lender to app�y�he
<br /> Funds at the time specified under RESPA, and��} n�t to���eed the max�mum amount a��nder can requ�re
<br /> under RESPA. Lender shall es��mate the amaun�vf Funds due on�he bas�s flf curren�da�a and re�.sonab�e
<br /> est�mates of expenditures of fu�ur�Escrow Items or otherwise in accordance w�th App�icabl�Lav�.
<br /> Th� �unds sha�l bc h�id�n an�nstitu�ion whasc dcpo�its �re in�ur�d by a fed�ral �g�ncy, in��rumenta�xty, or
<br /> �ntit� �inciuding Lender, �f Lend�r is an insti�u�ion w�os�d�posits are so �nsured} ar�n any Federa� H�n�e
<br /> Loan Bank. Lender sha�� apply�he Funds�o pay�he Escrov�r Items no�a�er than�he ti�n�s�ecified under
<br /> RESPA. Lender shai�n�t charge B�rrower f�r holding and apply��.g the Funds, annuall�anaXyzing the
<br /> escraw account, ar�erify��g�he Escrow Ztems, uniess Lender pays Borrower in�erest on the Funds and
<br /> Appiicab�e Lav�►�pernu�s Lender to ma�e such a Charge. Unless an agreemen�is made in writing or
<br /> Appl��able Law requires�nterest to be paid on the Funds, L.ender shail not be required�o pay Borro�ver any
<br /> �n�erest�r earnings on�.he Funds. Barrovver and I..�nd�r can agree in�vri�ing, however, tha�in�er�st shal���
<br /> paxd on the Funds. I.ender sha11 gi�re�o Barr�v�rer, withvut charge, an annual a��oun�ing flf the Funds as
<br /> required by RESPA.
<br /> �f there�s a surp�us of Funds he�d in escroul, as def�ned under RESPA, Lender shall accoun��o Borrawer for
<br /> �he�xcess fund� in ac�ordance wxth RESPA, If�h�re�s a shar�age of Funds hexd in escrflw, as defned under
<br /> RESPA, �.,�ender shali no�if�Barrower as requir�d by RESPA, and Borrower shall pay to Lender th�amoun�
<br /> nec�ssary to mak�up the shortage in accordance w��h RESPA, bu� in��o more than �2 mon�hly paymen�s. �f
<br /> there is a de�cienc�of Fui�ds held in escrow, as d��ned und�r RESPA, Lender shall na�ify Borrow�r as
<br /> NEBRASKA-5ingle Family-�anr�ie MaelFreddie Mac UNIFQRM lNSTftUMENT Form 3�28 1101
<br /> VMP[R] VMPfifN�f�13�21
<br /> Wo�ters Kluw�r Financial 5er�ices Page 5 of 17
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