2� 1 ��884�
<br /> Any app�icat�on of payments, insurance proceeds, or Misce��aneaus Praceeds to principal due under the Nate
<br /> sha��not extend or pastpone the due date, ar change the amount, of the Peri�dic Payments.
<br /> 3. Funds for Escraw Items. Borroyver shall pay tfl Len�ler on the day Perxodxc Payments are due under the
<br /> Note, unti��the Note is paid in full, a sum�the "Funds"}to provide for payment of amounts du�for: �a�taxes
<br /> and assessments and other items whi�h can attaYn pri�rity over this Securxty Instrument as a lien or
<br /> encumbrance on the Prope�ty; �b}�easeho�d payments or ground rents on the Propert�, if any; �c}premiurn�s
<br /> for any and all insurance requxred by Lender under SeGti�n 5; and(d} Mortgage Insurance premi.ums, if any,
<br /> or any sums payab�e by Borrawer to Lender in lieu of the paym�nt of Mortgage Insurance premiums�n
<br /> accordance vvith the pravisi�ns af Sectian 14. These items are�al.led "Escraw Items." At ariginatron ar at
<br /> any txm.e during the term af the Loan, Lender may requ�re that Cammuni�y Assoc�at�on Dues, Fees, and
<br /> �ssessm�nts, if any,be escrowed by Borrawer, and such dues, fees and assessments sha11 be an Escrow
<br /> Item. Borrower shall promptly furnish to Lender a11 notic�s of amaunts to be paid under this Section.
<br /> Borrower sha11 pay Lender the Funds for Escraw Items un�ess Lender waives Borrower's obligation�o pay
<br /> the Funds for any or all Escrow Items. Lender may vvaive Barr�wer's obligatian to pay ta Lender Funds for
<br /> any or a��Escrow Iter�s at any time. Any such waiver m�a.y anly be in writing. In the event of such waiver,
<br /> Borrower shall pay directly, vvhen and where paya�le, the amaunts due for any Escrnvv I�ems f�r which
<br /> pa�ment of Funds has been waived by Lender and, xf Lender requires, shal�furnish to Lender receipts
<br /> evidencing su�h payment within such tirne periad as Len�er may require, Barrnyver's abligation to ma��
<br /> such paymen�s and to provide receipts sha11 for all purposes be deexned ta be a co�enant and agreement
<br /> contained in this Security Instrument, as�lie phrase "ca�enan�and agreement" is used in 5ectron 9. If
<br /> B�rrower is obligated to pay Escrow Items directiy, pursuant to a waiver, and Borrower faiZs ta pay the
<br /> amount due for an Escrow Item, Lender may exercise its rights under Se�ti.�n 9 and pay such amount and
<br /> Borrower shall then be obligated under Section 9 to repay to Lender any such arnount. Lender may re�oke
<br /> the waiver as to any or a11 Escr�w It�m� at any time by a nntice gxven i.n accordance vvith Section 15 and,
<br /> upon such revacation, Borrower shal�pay to Lender a11 Funds, and in such am�unts, �hat ar�then r�quired
<br /> under this Section 3.
<br /> Lender ma�r, at any tim�, �a�1�ct and ho�d Funds�n an amaunt�a} sufficient ta pernlit Lend�r t�apply�he
<br /> Funds at the time spec�fied under RESPA, and(b�not to exc�ed t.�i�maximum amount a Iender�an require
<br /> under RESPA. Lender shali estimate the amount of Funds due on the basis of current data and reasonable
<br /> est�mates of expendi�ures of fu�u.re Escrow Items or otherwise in accordan�e wi�h Applicable Law.
<br /> The Funds sha11 be heXd in an insti.tut�an whase deposits are insured by a fed�ra�a�ency, instrumenta�ity, or
<br /> enti�y �includ�ng Lender, if Lender is an ins�itution vvhose depasYts are so�nsured}�r in any�ederal H�me
<br /> Loan Banl�. Lender sha.11 apply the Funds to pay the Escrow Items no later than the tim�spec�fied under
<br /> RESPA. Lender sha11 not charge Barrower for holding an�appl�ing the Funds, annual.ly analyzing the
<br /> escrow account, or ver�f��ng the Escraw Items, unless Lender pays Borrawer interest on�1ie Funds and
<br /> Applicable Law pernuts Lender t�make such a charge. Un�ess an agreement is made�n�vriting or
<br /> Appl�cab��Law requires interest to b�paid on the Funds, Lender sha��not be re�uired to pay Borrawer any
<br /> interest ar earnings on the Funds. Borrower and Lender can agree in vvriting, h�wever, that interest s�ial�he
<br /> paid on tlie Funds. Lender_s�a��.g�ve to Borrower, withaut charge, an annual accounting vf the Funds as
<br /> required by RE5PA.
<br /> If�iere�s a surplus of�unds held in escraw, as defined under RESPA, Lender shall accaunt ta Barrower for
<br /> the excess funds in accord.ance with RESPA, If there�s a shortage of Funds held�n escr�vv, as defined under
<br /> RESPA, Lender sha11 no��f�r�orrower as requ�red by RESPA, and Borrower sha11 pay to Lender the amaunt
<br /> necessar�ta make up the��ortage in accardance with RE5PA, but in.no more thata 12 m�nthly pa�men�s. If
<br /> ther�is a deficiency of Funds he�d in escrow, as defined under RESPA, Lender shal�notrfy B�rrvw�r as
<br /> NE8RA5KA-Single Family-Fanr�ie Mael�reddie Mac UNIFORM INSTRUMENT �arm 3a28 11D�
<br /> VMP� VMP6{NEy{13p2J
<br /> W��ters Kluwer Financial-5er�ices Page 5 of'[7
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