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2� 17��771
<br /> Any appli�ation of paym�nts, insurance proceed5, or Miscellaneous Proceeds to principa�due under the Note
<br /> sha�I not extend or pastpone the due date, or change the amount, of�he Per�odic Payments.
<br /> 3. �nds for Escr�w Items. Borr+awer sha11 pay to Lender on the day Periodic Payments are du�under the
<br /> Nat�,until the Note is paid in fu�I, a sum�the"Funds"}to pra�ide for payment of amounts due for: (a}�axes
<br /> and a�ssessments and o�her items which can atta�n priority o�er this Security�nstrument as a l�en ur
<br /> en�umbrance on the Proper�y; �b}leaseha�d payments or ground rents on the Property, if any; (c}premium5
<br /> far any and all insurance required by Lender under Sect�on 5; and(d}Mortgage Insurance pr�miums, if az�y,
<br /> or any sums payabie by 13orrower to Lender in�ieu of the payment nf Mortgage Insurance premiums in
<br /> accordance wit�i t.�ie pro�isions of Section 14. These items are called "Escrow Items." At origination or at
<br /> any time during tlie term of the Laan, Lender m�a�y r�quire tliat Community Association Dues, Fees,and
<br /> Ass�essm�nts, if any,be escrawed by Borr�wer, and such dues, fees and assessments shall be an Escrow
<br /> I�em. Barrawer sha11 promp��y fi�rnish to Lender a11 notices of amounCs to be pa�d under this 5ecnon.
<br /> Borrower sha11 pay Lender the Funds far Escraw Items un.�ess Lender wai�es Borrower's obligation to pay
<br /> the Funds for any or a11 Escrow�tems. Lender may wai�e Barrower's obligati�n to pay to Lend�r Funds for
<br /> any or al1 Escraw Items a�any tune. Any such wa�i��r may only be in wri�ing. In the e�ent of such wai�er,
<br /> Borrawer shal�pay directly, when and where payabie, the amoun�.s due far any Fscrow Items for which
<br /> paym�nt of Funds has been wai�ed by Lender and, if Lender requires, shal� furnish�o I�nder receipts
<br /> e�idencing such paym�nt within such time per�od as Lender may require. Borrower's obligatian to make
<br /> such payments and to pr�v�ide receipts sha��for all purposes be deem�d to be a co�enant and agreement .
<br /> contai.ned in tnis Securi�y Instrument, as�ie phrase "co�enauat and agreement" �s used ir�Section 9. If
<br /> Bormwer is obliga�ed to pay Escrow Items directly,pursuan�tn a wa��er, and Borrower fai�s to pay the
<br /> amount due for an Escrow Item, Lender may exercise its r�gh�s under Section 9 and pay such amount and
<br /> Borrower sha��then be obligated under Section 9 to repay to Lender any such amount. Lender may re�oke
<br /> the wai�er as�o any or a11 Escrow Items at any tirne by a notice gi�en�n ac�ordance with Sectian 15 and, .
<br /> upon such re�ocation, Borr+awer sha11 pay to Lender al,l Funds, and�n such amoun�ts, that are then requ�red
<br /> under�his Section 3.
<br /> Lender m�ay, at any time,callect and ho�d Funds in an amount�a}suf�cient to pernut Lender to apply the
<br /> Funds at the time speci�ed under RESPA, and(b}not to exceed the m�ximum amount a�ender can requ�re
<br /> under RESPA. Lender shall estirr�ate the amount af Funds due an the basis af current data and reasanabl�
<br /> estimates of e�cpenditures of future Escrow Items or otherwise in accordance with Applicabl�Law.
<br /> The Funds sha11 be held in an institut�on whose depas�ts are insured by a federa�agency, instrumenta�ity, or
<br /> entity�including Lender,if Le�nder is an institution whose de�posits are so insured}or in any Federal H�me
<br /> Laan Bank. Lender s�ha�l apply t�ie Funds to pay the Escrow Items no lat�r than the time speci�ed under
<br /> RESPA. Lender sha11 no#charge Barr�wer for hold�.ng and applying the Funds, annuall�a.n�a�lyzing the
<br /> escrow a�ccaunt,or�erifying the Escrow Items, unl�ss Lender pays Borrower interes�on the Funds and
<br /> Applicable Law pernu�s I�ender to make such a charge. Unless an agreement is made�i.n writing or
<br /> Applicable Law r�quires interest tv be paid on the Funds, Lender sha11 not be required to pay Borrower any
<br /> interest or earnings on the Funds. Borrow�r and L�nder can agree in writing, how��er, that�n�erest shal�be
<br /> paid on the Funds. Lender sha11 gi�e ta Borrower, wi�hout charge, an annual accounting of the Fur�ds as
<br /> required by RESPA.
<br /> If�liere is a surplus of Funds held in escrow, as defined under RESPA, Lender sha.Il account to Borrower for
<br /> the excess funds in acc�rdance with RESPA. If�her�is a shortage of Funds held in escrow, as defined under
<br /> RESPA, Lender shal�notify Borrower as required by RESPA, and Borrawer sha1l pay to Lend�r the amount
<br /> n��essary to make up the shor�age in accordanc�vv�th RESPA,but in n�more than 12 month.ly payments. �f
<br /> there is a deficiency uf Funds he�d in escrov�, as defined under RESPA, Lender sha.11 notify Borrawer as
<br /> N�BRASKA-S+ngle Family-Fann�e Mael�reddie Mac 11NIF4RM INSTRUMENT Form 3428 1103
<br /> VMP� VMPS�NE}t13421.00
<br /> Wvlters Kluwer Financ�al Services P�ge 5 of 17
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