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202007811
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<br />the Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds for any
<br />or 11 Escrow Items. Lender may waive Borrower's obligation to pay to Lender Funds for any or all
<br />Esc ow Items at any time. Any such waiver may only be in writing. In the event of such waiver,
<br />Bo ower shall pay directly, when and where payable, the amounts due for any Escrow Items for
<br />whi h payment of Funds has been waived by Lender and, if Lender requires, shall furnish to
<br />Le er receipts evidencing such payment within such time period as Lender may require.
<br />Bo ower's obligation to make such payments and to provide receipts shall for all purposes be
<br />deemed to be a covenant and agreement contained in this Security Instrument, as the phrase
<br />"co enant and agreement" is used in Section 9. If Borrower is obligated to pay Escrow Items
<br />dire tly, pursuant to a waiver, and Borrower fails to pay the amount due for an Escrow Item,
<br />Len er may exercise its rights under Section 9 and pay such amount and Borrower shall then be
<br />obligated under Section 9 to repay to Lender any such amount. Lender may revoke the waiver as to
<br />any or all Escrow Items at any time by a notice given in accordance with Section 14 and, upon such
<br />revocation, Borrower shall pay to Lender all Funds, and in such amounts, that are then required
<br />under this Section 3.
<br />ender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to
<br />appl the Funds at the time specified under RESPA, and (b) not to exceed the maximum amount a
<br />lend r can require under RESPA. Lender shall estimate the amount of Funds due on the basis of
<br />curr nt data and reasonable estimates of expenditures of future Escrow Items or otherwise in
<br />acco dance with Applicable Law.
<br />T e Funds shall be held in an institution whose deposits are insured by a federal agency,
<br />inst mentality, or entity (including Lender, if Lender is an institution whose deposits are so
<br />insu d) or in any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items
<br />no 1 er than the time specified under RESPA. Lender shall not charge Borrower for holding and
<br />appl ing the Funds, annually analyzing the escrow account, or verifying the Escrow Items, unless
<br />Lend r pays Borrower interest on the Funds and Applicable Law permits Lender to make such a
<br />char-. Unless an agreement is made in writing or Applicable Law requires interest to be paid on
<br />the nds, Lender shall not be required to pay Borrower any interest or earnings on the Funds.
<br />Borr.wer and Lender can agree in writing, however, that interest shall be paid on the Funds.
<br />Lend r shall give to Borrower, without charge, an annual accounting of the Funds as required by
<br />RESA.
<br />If here is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to
<br />Borro er for the excess funds in accordance with RESPA. If there is a shortage of Funds held in
<br />escro , as defined under RESPA, Lender shall notify Borrower as required by RESPA, and
<br />Borro er shall pay to Lender the amount necessary to make up the shortage in accordance with
<br />RESP • , but in no more than 12 monthly payments. If there is a deficiency of Funds held in
<br />escro , as defined under RESPA, Lender shall notify Borrower as required by RESPA, and
<br />Borro er shall pay to Lender the amount necessary to make up the deficiency in accordance with
<br />RESP • , but in no more than 12 monthly payments.
<br />Up.n payment in full of all sums secured by this Security Instrument, Lender shall promptly
<br />refun• to Borrower any Funds held by Lender.
<br />4. harges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attribu able to the Property which can attain priority over this Security Instrument, leasehold
<br />payme is or ground rents on the Property, if any, and Community Association Dues, Fees, and
<br />Assess ents, if any. To the extent that these items are Escrow Items, Borrower shall pay them in
<br />the ma ner provided in Section 3.
<br />Bo ower shall promptly discharge any lien which has priority over this Security Instrument
<br />unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a
<br />manne acceptable to Lender, but only so long as Borrower is performing such agreement; (b)
<br />NEBRA KA - Single Family - FHA Silty InItre_ ent - MERS
<br />FORM 3 1 28 9/14 Initials:
<br />Laser For s Inc. #FHA3028MERS 6/15 Page 5 of 14
<br />I'll
<br />[ID x. 11111
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