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2� 1 ��88��
<br /> The Funds sha11 be held in an institution`uhose deposits are insured by a federai agency, instrumentality,or
<br /> entity(inc�udi�g Lender, if Lender is an ins��tution�hose depos�ts are so insured}or in any Federa�H�m�
<br /> Loan Bank. Lender sha11 apply the Funds to pay the Escro�v Items no �ater than the time specified under
<br /> RESPA, Lender sha11 not charge Borrower for holding ar�d applying�he Funds, annually analyzing the
<br /> escrow account,ar�erifying the Escrow Items,unless Lender pays Borrower interest on the Funds and
<br /> Applicable Law permit�Lender to make such a char�e. Unless an agr�ement is made in wr�ting ar
<br /> Applicab�e Law requires interest to be paid on the Funds, Lender shall not be required to pay Barrower any
<br /> interest or earnings on the Funds. Borro�ver an�l Lender can agre� in writing, hovve�er,th�t interest shall be
<br /> paid an the Funds. Lender shall give to Bortower,without charge,an a�.nua1 accounting of the Funds as
<br /> requ�red by RESPA,
<br /> If there is a surplus of Funds h�id in escrow,as defined under RESPA, Lender shall account to Borrower for
<br /> the excess funds in accordan�e with RESPA. If�here is a shortage af Funds held in escrow,as defined under
<br /> RESPA, Lender sha1�notify Barrower as required by IZESPA,and Borrawer shall pay to Lender the amount
<br /> neces�ary to make up the shortage in accordance�vith RESPA,but in no more than 1�monthly paymen�s. If
<br /> �her� is a defc�enc�of Funds he�d in escrow, as defined under RESPA,Lerider shall notify Borrower as
<br /> required by RESPA, and Bona�ver shall pay to Le�zder the amount neeessary to rnake up the deficiency in
<br /> accordance wi�h RESPA,but in no more than 12 monthly payments.
<br /> Upon payment in ful��f ail sums secured by this Security Instrument, Lender sha11 promptly r�fund to
<br /> Borro�er any Funds held by Lender,
<br /> 4. Charges;Liens.Barrawer shall pay a11 taxes, a��essments, charges, fines, and impasitions attributable to
<br /> the Proper�y which can attain pr�or�ty o�er thi� Security�nstrum��.t, leasehold payments or gro�nd ren�s on
<br /> the Property, if any, and Community Association Dues, Fees,and Assessments, �f any, Ta the extent that
<br /> these item�are Escr�t�Items,�orrawer shall pay them in the manner provided in Section 3,
<br /> Borrower sha�l promptly discharge any lien which has priority over this Security Instrument unless
<br /> Borrawer: (a}agrees in w�rit�ng to the payment of the obligation secu�red by the lien in a manner acceptable
<br /> to Lender,but only s� �ong as Borr�wer is performing such agreement; (b�contests the lien in good faith by,
<br /> or defends against enforcement of the lien in, 1ega1 proceedings�vhich in Lender's opinion�perate to pre�ent
<br /> the enforcement af the lien while those praceedings are pending,but only until such proceedings are
<br /> concluded;or(c}secures from the holder af th� lien an agreemen�satisfactory to Lender subordinating�he
<br /> lien ta this Se�urity Instrument, If Lender d�termin�s that any part ofthe Froperty is subject to a lien which
<br /> can a�tain priori�y o�er th�s Security Instrument, Lender may gi�e Borro�er a notice id�ntifying the 1ien.
<br /> W�thin 1�days of the date on which that notice �s given, Borrower sha11 satisfy the lien or take one or more
<br /> of the actinns set farth above in this SectYon 4,
<br /> Lender may require Borrower to pay a one-time charge far a real estate tax verification a�dlor reparting
<br /> ser�ice used by Lend�r in connection w�th this Loan.
<br /> 5. P ro per�y�n s u ran ee.Borrower shal�ke ep the impra�ements now existing or hereafter ere�ted�n the
<br /> Property insured against loss by fire, hazard�included within the t�x�tn"e���nded coverage," and any other
<br /> hazards inc�uding,bu�not�imited to, earthquakes and fl�ods, for�hich Lender requires insurance. Th�s
<br /> insu�rance sha1�be rnaintained in the amoun�s[includin�deductible le�e�s}and for�he periods that Lender
<br /> requires. �]Vha�Lender requi.res pursua�t�o th�pre�ceding sentences can chan�e during the term of the Loara..
<br /> The in��rance earrier prov�ding the insurance shal�be chasen by Borrower subject ta Lender's right�o
<br /> disapprove Borro�ver's cho�ce,which r�ght shall not be exerci�ed unreasonably. Lender may require
<br /> Borro�er to pay, in connection with this��an, ei$her: �a)a ane-time charge f�r flood zone determination,
<br /> certi�cation and tracking ser�xces; or�b}a o�ae-tYr�e charge for flood�or��determ�nation and certification
<br /> NEBRASKA-Single Family-Far�nie MaelFr�ddie Mac UNIF4RM INSTRLIMENT WITH MERS Fotm 3�28�If}1
<br /> VMP C� VMP6A{NE}{9342}.��
<br /> Walters Kluwer Finan�i�1 Sen►ices Page fi of 17
<br /> q�33G636�297 ��33 44Z �617'
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