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202405103
<br />When applying payments, Lender will apply such payments in accordance with Applicable Law.
<br />(c) Voluntary Prepayments. Voluntary prepayments will be applied as described in the Note.
<br />(d) No Change to Payment Schedule. Any application of payments, insurance proceeds, or Miscellaneous Proceeds
<br />to principal due under the Note will not extend or postpone the due date, or change the amount, of the Periodic
<br />Payments.
<br />3. Funds for Escrow Items.
<br />(a) Escrow Requirement; Escrow Items. Borrower must pay to Lender on the day Periodic Payments are due under
<br />the Note, until the Note is paid in full, a sum of money to provide for payment of amounts due for all Escrow Items (the
<br />"Funds"). The amount of the Funds required to be paid each month may change during the term of the Loan. Borrower
<br />must promptly furnish to Lender all notices or invoices of amounts to be paid under this Section 3.
<br />(b) Payment of Funds; Waiver. Borrower must pay Lender the Funds for Escrow Items unless Lender waives this
<br />obligation in writing. Lender may waive this obligation for any Escrow Item at any time. In the event of such waiver,
<br />Borrower must pay directly, when and where payable, the amounts due for any Escrow Items subject to the waiver. if
<br />Lender has waived the requirement to pay Lender the Funds for any or all Escrow Items, Lender may require Borrower
<br />to provide proof of direct payment of those items within such time period as Lender may require. Borrower's obligation
<br />to make such timely payments and to provide proof of payment is deemed to be a covenant and agreement of Borrower
<br />under this Security Instrument. If Borrower is obligated to pay Escrow Items directly pursuant to a waiver, and
<br />Borrower fails to pay timely the amount due for an Escrow Item, Lender may exercise its rights under Section 9 to pay
<br />such amount and Borrower will be obligated to repay to Lender any such amount in accordance with Section 9.
<br />Lender may withdraw the waiver as to any or all Escrow Items at any time by giving a notice in accordance with
<br />Section 16; upon such withdrawal, Borrower must pay to Lender all Funds for such Escrow Items, and in such
<br />amounts, that are then required under this Section 3.
<br />(c) Amount of Funds; Application of Funds. Lender may, at any time, collect and hold Funds in an amount up to,
<br />but not in excess of, the maximum amount a lender can require under RESPA. Lender will estimate the amount of
<br />Funds due in accordance with Applicable Law.
<br />The Funds will be held in an institution whose deposits are insured by a U.S. federal agency, instrumentality, or
<br />entity (including Lender, if Lender is an institution whose deposits are so insured) or in any Federal Home Loan Bank.
<br />Lender will apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender may not
<br />charge Borrower for: (i) holding and applying the Funds; (ii) annually analyzing the escrow account; or (iii) verifying the
<br />Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make such a
<br />charge. Unless Lender and Borrower agree in writing or Applicable Law requires interest to be paid on the Funds,
<br />Lender will not be required to pay Borrower any interest or earnings on the Funds. Lender will give to Borrower,
<br />without charge, an annual accounting of the Funds as required by RESPA.
<br />(d) Surplus; Shortage and Deficiency of Funds. In accordance with RESPA, if there is a surplus of Funds held in
<br />escrow, Lender will account to Borrower for such surplus. If Borrower's Periodic Payment is delinquent by more than
<br />30 days, Lender may retain the surplus in the escrow account for the payment of the Escrow Items. If there is a
<br />shortage or deficiency of Funds held in escrow, Lender will notify Borrower and Borrower will pay to Lender the amount
<br />necessary to make up the shortage or deficiency in accordance with RESPA.
<br />Upon payment in full of all sums secured by this Security Instrument, Lender will promptly refund to Borrower any
<br />Funds held by Lender.
<br />4. Charges; Liens. Borrower must pay (a) all taxes, assessments, charges, fines, and impositions attributable to
<br />the Property which have priority or may attain priority over this Security Instrument, (b) leasehold payments or ground
<br />rents on the Property, if any, and (c) Community Association Dues, Fees, and Assessments, if any. If any of these
<br />items are Escrow Items, Borrower will pay them in the manner provided in Section 3.
<br />Borrower must promptly discharge any lien that has priority or may attain priority over this Security Instrument
<br />unless Borrower: (aa) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to
<br />Lender, but only so long as Borrower is performing under such agreement; (bb) contests the lien in good faith by, or
<br />defends against enforcement of the lien in, legal proceedings which Lender determines, in its sole discretion, operate to
<br />prevent the enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded;
<br />or (cc) secures from the holder of the lien an agreement satisfactory to Lender that subordinates the lien to this Security
<br />Instrument (collectively, the "Required Actions"). If Lender determines that any part of the Property is subject to a lien
<br />that has priority or may attain priority over this Security Instrument and Borrower has not taken any of the Required
<br />Actions in regard to such lien, Lender may give Borrower a notice identifying the lien. Within 10 days after the date on
<br />which that notice is given, Borrower must satisfy the lien or take one or more of the Required Actions.
<br />5. Property Insurance.
<br />(a) Insurance Requirement; Coverages. Borrower must keep the improvements now existing or subsequently
<br />erected on 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, winds, and floods, for which Lender requires insurance.
<br />Borrower must maintain the types of insurance Lender requires in the amounts (including deductible levels) and for the
<br />periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of
<br />the Loan, and may exceed any minimum coverage required by Applicable Law. Borrower may choose the insurance
<br />carrier providing the insurance, subject to Lender's right to disapprove Borrower's choice, which right will not be
<br />exercised unreasonably.
<br />(b) Failure to Maintain Insurance. If Lender has a reasonable basis to believe that Borrower has failed to maintain
<br />any of the required insurance coverages described above, Lender may obtain insurance coverage, at Lender's option
<br />and at Borrower's expense. Unless required by Applicable Law, Lender is under no obligation to advance premiums for,
<br />or to seek to reinstate, any prior lapsed coverage obtained by Borrower. Lender is under no obligation to purchase any
<br />particular type or amount of coverage and may select the provider of such insurance in its sole discretion. Before
<br />NEBRASKA-Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 07/2021
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