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201805663
<br /> LOAN#: 17141
<br /> to Lender Funds for any or all Escrow Items at any time.Any such waiver may only be in writing. In the
<br /> event of such waiver, Borrower shall pay directly, when and where payable, the amounts due for any
<br /> Escrow Items for which payment of Funds has been waived by Lender and, if Lender requires, shall
<br /> furnish to Lender receipts evidencing such payment within such time period as Lender may require.
<br /> Borrower's obligation to make such payments and to provide receipts shall for all purposes be deemed
<br /> to be a covenant and agreement contained in this Security Instrument, as the phrase "covenant and
<br /> agreement" is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a
<br /> waiver, and Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights
<br /> under Section 9 and pay such amount and Borrower shall then be obligated under Section 9 to repay
<br /> to Lender any such amount. Lender may revoke the waiver as to any or all Escrow Items at any time by
<br /> a notice given in accordance with Section 15 and, upon such revocation, Borrower shall pay to Lender
<br /> all Funds, and in such amounts,that are then required under this Section 3.
<br /> Lender may,at any time,collect and hold Funds in an amount(a)sufficient to permit Lender to apply
<br /> the Funds at the time specified under RESPA,and(b)not to exceed the maximum amount a lender can
<br /> require under RESPA. Lender shall estimate the amount of Funds due on the basis of current data and
<br /> reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable
<br /> Law.
<br /> The Funds shall be held in an institution whose deposits are insured by afederal agency,instrumentality,
<br /> or entity(including Lender, if Lender is an institution whose deposits are so insured) or in any Federal
<br /> Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time specified
<br /> under RESPA. Lender shall not charge Borrower for holding and applying the Funds,annually analyzing
<br /> the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds
<br /> and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing or
<br /> Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower
<br /> any interest or earnings on the Funds. Borrower and Lender can agree in writing, however,that interest
<br /> shall be paid on the Funds. Lender shall give to Borrower, without charge, an annual accounting of the
<br /> Funds as required by RESPA.
<br /> If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to
<br /> Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow,
<br /> as defined under RESPA, Lender shall notify Borrower as required by RESPA,and Borrower shall pay to
<br /> Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more than
<br /> 12 monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender
<br /> shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary
<br /> to make up the deficiency in accordance with RESPA, but in no more than 12 monthly payments.
<br /> Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly refund
<br /> to Borrower any Funds held by Lender.
<br /> 4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br /> attributable to the Property which can attain priority over this Security Instrument, leasehold payments
<br /> or ground rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if
<br /> any.To the extent that these items are Escrow Items, Borrower shall pay them in the manner provided
<br /> in Section 3.
<br /> Borrower shall promptly discharge any lien which has priority over this Security Instrument unless
<br /> Borrower:(a)agrees in writing to the payment of the obligation secured by the lien in a manner acceptable
<br /> to Lender, but only so long as Borrower is performing such agreement; (b)contests the lien in good faith
<br /> by,or defends against enforcement of the lien in,legal proceedings which in Lender's opinion operate to
<br /> prevent the enforcement of the lien while those proceedings are pending,but only until such proceedings
<br /> are concluded;or(c)secures from the holder of the lien an agreement satisfactory to Lender subordinating
<br /> the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien
<br /> which can attain priority over this Security Instrument, Lender may give Borrower a notice identifying
<br /> the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take
<br /> one or more of the actions set forth above in this Section 4.
<br /> Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or
<br /> reporting service used by Lender in connection with this Loan.
<br /> 5. Property Insurance.Borrower shall keep the improvements now existing or hereafter erected on
<br /> the Property insured against loss by fire, hazards included within the term"extended coverage,"and any
<br /> other hazards including,but not limited to,earthquakes and floods,for which Lender requires insurance.
<br /> This insurance shall be maintained in the amounts(including deductible levels)and for the periods that
<br /> Lender requires. What Lender requires pursuant to the preceding sentences can change during the
<br /> term of the Loan.The insurance carrier providing the insurance shall be chosen by Borrower subject to
<br /> Lender's right to disapprove Borrower's choice,which right shall not be exercised unreasonably. Lender
<br /> may require Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone
<br /> determination, certification and tracking services; or(b)a one-time charge for flood zone determination
<br /> and certification services and subsequent charges each time remappings or similar changes occur which
<br /> reasonably might affect such determination or certification. Borrower shall also be responsible for the
<br /> payment of any fees imposed by the Federal Emergency Management Agency in connection with the
<br /> review of any flood zone determination resulting from an objection by Borrower.
<br /> If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance
<br /> coverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any
<br /> particular type or amount of coverage.Therefore, such coverage shall cover Lender, but might or might
<br /> not protect Borrower, Borrower's equity in the Property,or the contents of the Property,against any risk,
<br /> hazard or liability and might provide greater or lesser coverage than was previously in effect. Borro r
<br /> Initial
<br /> NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01
<br /> Ellie Mae, Inc. Page 4 of 10 NEUDEED 0415
<br /> NEUDEED(CLS)
<br /> 08/21/2018 06:54 AM PST
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