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2� 17��957
<br /> LDAN#:HQ'I'�fi'I 8939�
<br /> Barrower m�ght have nvw vr in#h�fu�ure against Lender shall relieve BaRower from making paymen�s
<br /> due under�he Note and th�s 5ecurity lnstrumen�ar perForming#he���enants and agreements secur�d
<br /> by�his Security Ins#rumen#.
<br /> �. App�ica�ion of Paym�nts vr Prviceeds. Excep�as otherwise desc�bed in this Secti�n 2, all
<br /> payments accep#ed and applied by Lend�r shall be applied in�he fol�vwing arder of priori�y:
<br /> Firs�,tv the lVlvrtgage �nsurance pr�miums to b�paid by Lender�o the Secre�a�y vr�he monthly
<br /> �ha�ge by the Secre�ary ins�ead vf�he mon�h�y mortgage insurance premiums;
<br /> S�cvnd,to any taxes,special assessmen#s,leaseho�d payrne�ts o�-ground ren�s,and f�-e,fload and
<br /> ather hazard insurance premiums,as requ��ed;
<br /> Third,�a in�erest du�under the No�e;
<br /> Fvurth,�o amar�i�afion of�he principal of�he Nvte;and,
<br /> Fifth,to lat�charges due under th�No�e.
<br /> Any appiica#ian af payments,insurance p��ceeds,vr Miscelianevus Proceeds tfl princ�pa�due under
<br /> the Note shal!not extend or p�s�pane the due da�e,or cl�ange#he am�unt,o�the Pe�iod€c Payments.
<br /> 3. F�nc�s f��Escrc�r�0tems.BoRov►r�r shall�ay ta Lender vn�he day Periodic Payments are due
<br /> �nder the Nr�te,un�il#he Nvte is paid in ft.�i�,a sum�the"Funds"}�o prvWide�or payment of amounts due
<br /> ��r:�a}�axes ar�d assessments and other i#ems which car�attain priv�i�y over this Security i nstr-umen�as
<br /> a lien or encumbrance on�he Property;�b}leas�hv�d payments or ground ren��an the Property,if any;
<br /> ��}premiums far any and a![insurance o�equi�red by Lender und�r Sec�ian�;and�d}Mortgage�nsurance
<br /> premiums to be paid by Lender to�h�Secre#ary or�he mvnthly charge by the 5ecretary instead af�he
<br /> mvn�hly Martgage insurance premiums.These i#e�s are calle�"Escraw Items."A�origina�ion vr a�any
<br /> time during#he�erm of the Loan,Lende�r may require that Cvmmuni�yAssocia#ion Dues,Fees,and Assess�
<br /> ments,i�any,be escrowed by Borrawer,and such dues,fees and assessm�n�s sha�l be an Escrow ltem.
<br /> Bor�awer shalI promp��y fum�sh to Lender all not�ces o�amaunts tv be paid under this Sectian.Borrower
<br /> shali pay Lende�the Funds fvr Escrvw I�ems unless Lender waives Borrowe�'s vb�igation#o pay the Funds
<br /> �or any❑r a�I Es�row Items.Lender may wai�e B�rrower's ob�igation ta pay tv Lender Funds fo�-any vr ali
<br /> Escrvw�tems at any time.Any such wa��er may vnly be in wri#ing.!n the event vf such waiver,Borrvwer
<br /> shall pay directly,when and where payable,the amQunts due�or any EsCrow ltems for which payment of
<br /> Funds has been waived by Lend�r and,if Lender requi�es,shali fumish�o Lender receipts e�idencing such
<br /> paymen�wi#hin such#�me pe�od as Lender may require. Bo�rawer's vb�igativn ta make such paym�n�s
<br /> and�o prov�de re�eipts sha��for ail purpases be deemed to be a covenan�and agreemen�con#a�ned in this
<br /> 5ecu�#y lns�n�men#,as�he phrase"ca��nan�and agreement"is used in Sec��on 9.I�Borrowe�is obligated
<br /> to pay Escrow 6tems dir�ctly,purs�an��o a wa��e�,and ga�rvwer�ails to pay the amoun�due for an Escrow
<br /> Item, Lender may exercise its r�ghts und�r Sectivn 9 and pay such arr�ount and Bor�ower shall then be
<br /> ab�igated under Sec#ion 9 to repay#v Lender ar�y such amount.Lender may reWoke the w�i�er�s to any o�-
<br /> alI Escrow items at any�ime by a notice giWen€r�accordance witl�Sectior��4 and,uovn suc�revoca�i�n,
<br /> B�r�awer shall pay tfl Lender al�Funds,�nd ir��uc�amoun�s,that ar�t�en requ�r�d unde�this Sectivn 3.
<br /> Lender�nay,at any time,col�ect and haid Funds in an amou���a�sufficient ta perm�#Lender tv ap�ly
<br /> �he Funds at�he tim�specified under RESPA,and(b}nvt�o exceed th��aximum amount a iender can
<br /> require under RESPA.Len�er shal��stir�tate#he amount af Funds due on�he basis o�cu�ent da�a and r�a-
<br /> sonabl�estEma�es vf ex�endi�ures of fu�ure Es�rvw��e�ns or o�herv��se�n�ccvrdan�Wvi�h Appiicabie Law.
<br /> i he Funds s�a�!be heid in an ir�s�itu��vn w��se depa����a�e�ns�red by a fe��ra�agency,�nstru�nenta��
<br /> �#�,or en�ity�inc�uding Len�er,��Lende�is an��s�i�u�ian v��ose d�posits ar2 so�¢�sured}or in any Federa�
<br /> Ho�ne Lvan Ba�k.Le�der shal[apply#he��n�s�❑pa��h��scrov�r Items���ater�har��he�irr�e sp�cif ed
<br /> under RESPA.Lender sha6!�at charge Bvr�awer for-holdin�and appiying the Funds,annually an��yz�ng
<br /> the escrow accoun�,vr ve�ifying�he Es�rov���ems,un�ess L�nder pays Bor�ower in�erest ar�the Funds
<br /> a�d Appl�cab�e Lav�permits Lender ta mak�such a charge.Uni�ss ar�agreement�s made in w�iting or
<br /> App�icable�aw requires in�eres�to be paid vn�he Funds,Lende�shall r�o�be required to pay Borrower
<br /> any�nte�-est or eamings vn�he Funds.SaRower and L�nder can agree in trvri��ng,however,that i�te�-es�
<br /> shall be paid on the Funds.Lender sha��giWe to Borraur��,with�ut charg�,an annual accounting of the
<br /> Funds as re�uired by RESPA.
<br /> If there is a surplus of Funds held in escrow,a�d�fined under RESPA,L�nder shall ac�vunt�v Bor
<br /> raw�r�or the exGess funds in acco�dance w�th RESPA.lf�here is�sh��age of Funds held�n escrow,as
<br /> defined under RESPA, Lender shal�nvt��j1 Bv�ower as re�uired by RESPA, and BoRower shall pay�a
<br /> Lender�he amount n�cessary�o mak�up the shvrtage�n acco�dance v►rith RESPA,bu��n n�more than
<br /> ��month�y payments.If there is a d�ficiency vf Funds he�d in escrow,as defined und�r RESPA,Lender
<br /> sha�f notify Borr�wer as requ�red by RESPA,and B�rrower shall pay�o L�nder�he amount necessary to
<br /> make up#he defciency in accordance wi#h RESPA,but in na mvre�han 12 man#h�y paymen�s.
<br /> Upon payment in�ul�of al!sums�ecured by this Security Inst�-ument,Lender shall promp�ly refund
<br /> to Borrawer any Funds held by Lender.
<br /> 4. �ha�ges; Liens. Bvrrawer sha�l pay all�axes, assessmen�s, �harges,f nes, and imposit�ons
<br /> attributab�e to�he Prap�rty which can at�ain priori�y over th�s Securi�y lns�rumer��,leasehoid payments ar
<br /> ground rents on#h�Property,if any,and CvmmunityAssoc�ation Dues,Fees,and Assessmen�s,if any.To
<br /> th�ex#ent that these�tems are Escrvv+►i�ems,Bar�ow�r sha�l p�y them�n the manr�er prav�ded in 5ectivn 3.
<br /> Borrower shal�promp��y dis�harge any lien wh��h has priori�over this S�cu�ty Ir�s�rumen�un�ess
<br /> Ba�ower:{a}agrees�ra writing ta�he paymen�of�he ab�igativn sec�ared by the ii�n i�a manner ac�eptable
<br /> NE6RASKA-Sin�[e Family-Fannie MaelFreddie Mac�JN�FDRN!INSTR�MENT Fvrm 3Q28 7I01 �
<br /> Modified fvr FHA 91���4(HUD Handhoak 4�a�.'[} In�#iafs: J
<br /> EIIie Mae,�nc. Page 4 o�F'�1 NEEFHA15�E ❑9�5
<br /> fVEEDEED�CLS}
<br /> 1�12612�16 D7:3�AM PST
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