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2� 1 ��8481
<br /> "co�enant and agreemen�" is used in�ection 9. If Borrower is abligated�o pay Escrow Items directly, pursuant to
<br /> a wai�er, and Barrower fails to pay the amount due far an Escrow Item, L�nder rnay exercis�its rights under Section
<br /> 9 and pay such amaun�and Borrower sha11 then be abligated under Sectinn 9 to repay to Lender any such a.mount.
<br /> Lender may re�ake the waiver as to any or all Escrvw Items at any�ime by a no��ce given in accordance with S�ction
<br /> 15 and, upon such re�ocat�on, Borrower shall pay�o Lender all Funds, and�n such arnounts, that are then required
<br /> under this Sect�on 3.
<br /> Lender may,at any time, call���and hold Funds in an amount�a�sufficient to permit Lender to app�y the Funds
<br /> a�the time specified under RESPA, and(b}not to exceed the maximum amoun�a lender can require under RESPA.
<br /> Lender sha1�estirnate the amount of Funds due an the basis af current data and reasonable est�ma�es of expenditures
<br /> of future Escraw I�ems or otherwise in accordance wi�h Applicable Law.
<br /> The Funds shall be he�d in an institutian whose deposits are insured by a federal agency, instrumentality, or
<br /> entity �including Lend�r, if L�nder is an institution whflse deposits are so insured} or in any Federal Hame Loan
<br /> Bank. Lender sha��apply the Funds t4 pay the Escrow Items no later than the time specified under RESPA. Lende�
<br /> shalt no�charge Barrower fflr holding and appiy�ng the Funds, annually analyzing the escrow account, �r ver�fying
<br /> the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lende�-to make
<br /> such a charge. Un�ess an agreement�s rnad�in writing or Applicable Law requires interest to be paid on the Funds,
<br /> � Lender shatl nat be required to pay B�rrower any interest or earnYngs an�he Funds. Borrawer and Lender can agree
<br /> in writing, howe�er, that �nterest shall be paid on the Funds. Lender shal� give to Borrower, withaut charge, an
<br /> annual accounting of�he Funds as required by RESPA.
<br /> If there is a surplus of Funds he�d in escrow, as def ned under RESPA, Lender shall accaunt�o Borrower far
<br /> the�xcess funds in accordance with RESPA. If there is a shortage�f Funds he�d in escrow,as defined under RESPA,
<br /> L�nder shalt nfltify Borrower as re�uired by RESPA, and Borrower shall pay to L�nder the am�unt necessary to make
<br /> up the shartage in accardan�e vvith RESPA, �ut in na more than I2 monthly payments. If there is a def ciency of
<br /> Funds hetd in escraw,as defined under RESPA, Lend�r shal�notify Borrower as re�uired by RESPA, and Borrower
<br /> shall pay tfl Lender the amount necessary to mak�up the deficiency in accordance with RESPA, but in na m�re than
<br /> 12 monthly payments.
<br /> Upon payment in full af all sums secured by this Security Instrument, Lender shall prompt�y refund to Borrower
<br /> any Funds held�y Lender.
<br /> 4. �harges;Liens. Barrower shali pay ail taxes, assessments, charges, fines, and irnpositions attributable to
<br /> the Property which can attain priority o�er this Security Instrum�nt, leasehald payments or ground rents an the
<br /> Property, if any, and Community Assnciation Dues, Fees, and A.Ssessments, if any. Ta the extent that these it�ms
<br /> are Escrow Items, Borrower shall pay them in the manner pro�ided in Sectian 3.
<br /> Borrower shall promptly dis�harge any lien which has priority aver th�s Se�urity�nstrument unless Borrower:
<br /> �a�agrees in writing to the payment of the obligatian secured by the�ien in a manner acceptable t�Lender, but only
<br /> so lang as Borrower is performing such agr�ement; �b} contests the Iien in good faith by, or defends against
<br /> �nfarcement af the lien in, legal proceedings whic��n Lender's apinion operate to prevent the enforcement of the lien
<br /> whi�e those proc�edings are pending, but�nly until such proceedings are c�ncluded; or�c}secures from the holder
<br /> of the lien an ag�eement satisfactory to Lender subordinating the Iien to this Security Inst�ument. If Lender
<br /> determines that any part of the Prvperty is subject ta a lien which can attain priority over this Security Instrument,
<br /> Lender may gi�e Borrawer a notice identifying the lien. S]V�thin 14 da�s of the date on which that notic�is given,
<br /> Borra�ver shall satisfy the lien or take one or more af th�actions se�forth abo�e in�his Sec�ion 4,
<br /> Lender may require Borrower to pay a one-time charge for a real estate ta�verification andlor reporting service
<br /> used hy Lender in connectian with this Loan.
<br /> 5. Praper-fy Insurance. Barrower shall keep �he improvernents now existing or hereafter erected an the
<br /> Property insured against lass by f�e, hazards included within the term "extended coverage," and any other hazards
<br /> including, bu�not Iimited t�, earthquakes and floods, f�r which Lender r�quires insuranc�. This insurance shall be
<br /> maintained in the amounts �inciuding deductible �e��ls} and far the periods that Lender requires. What Lender
<br /> reyuires pursuant to the preceding sentences can�hange during the term of the Loan. The insurance carrier providing
<br /> the insurance shall be chosen by Borrower subj ect to Lender's right to disappro��Borrower's choice,which right shall
<br /> NEBRASKA--Single Fam ily--Fannie MaelFreddie Ma� UNIFORM iNSTRUMENT- MERS Dac�a�lc
<br /> ' Form 30�8 1101 Page 5 of 15 www.do�magr�.�orn
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