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prepayments shall be applied first to any prepayme
<br />Anyapphcation ofpayments, msuran
<br />shall not extend or postpone the due date, or chang
<br />3. Funds for Escrow Items. Borrower
<br />until the Note is paid in full, a sum (the "Funds ") to
<br />other items which can attain priority over this Seen
<br />payments or ground rents on the Property, if my; (c
<br />Insurance
<br />or at any time during the term
<br />be escrowed b
<br />and Borrower
<br />amount and B
<br />waiver as to a
<br />Borrower sha
<br />Items or
<br />200300913
<br />quent Periodic Payment which includes a sufficient amount
<br />lelinquent payment and the late charge. If more than one
<br />I received from Borrower to the repayment of the Periodic
<br />ill. To the extent that anyexcess exists after the payment is
<br />ch excess maybe applied to any late charges due. Voluntary
<br />id then as described in the Note.
<br />or Miscellaneous Proceeds to principal due under the Note
<br />. of the Periodic Payment,
<br />as a lien or encumbrance on the Property; (b) leasehold
<br />my and all insurance required byy Lender under Section 5;
<br />by Borrower m Lender in lieu ofthe paymentofMortgage
<br />0. These items are called "Escrow Ituns." At origination
<br />yy Borrower, and such dues, fees and assessments shall be an Escrow Item. Borrower shall promptly
<br />notices ofamounts to be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items
<br />°s Borrower's obligation [o pay [he Funds for any or all Escrow items. Lender may waive Borrower's
<br />Lender Funds for any or al I Escrow Items at any time. Any such waiver may only be in writing lathe
<br />r, Borrower shall paydirectly, when and where payable, the amounts due for any Escrow Items for which
<br />tas been waived by Lender and, if Lender requires, shall Curnish W Lender receipts evidencing such
<br />h time period as Lender may require. Borrower's obligation to make such payments and to provide
<br />purposes be deemed to be a ccvenant and ageemen[ contained in this Security Instrument, as Ihephrase
<br />:menY' is used in Section 9. IfBorrower is obligated to pay Escrow Items directly, pursuant to a waiver,
<br />o pay the amount due for an Escrow Item, Lender may exercise its rights under Section 9 and pay such
<br />er shall then be obligated under Section 9 to repayto Lender any such amount Lender may revoke the
<br />dl Escrow Items at anytime by a notice given in eccordenoe with Section l5 and, upon such revocation,
<br />to Lender all Funds, and in such amounts, that are then regwired under this Section 3.
<br />y, at anytime, collect and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds at
<br />nder RESPA, and (b) not to exceed the maximum amount a lender can require under RESPA. Lender
<br />count of Funds due on the basis of current data and reasonable estimates ofexpenddwes offutum Escrow
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality, or entity
<br />(including Lender, if Lender is an institution whose deposits are so insured) or in any Federal Home Loan Bank. Lender shall
<br />apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender shall not charge Borrower
<br />for holding and applying the Funds, annually analyzing [he escrow account, or verifying the Escrow Items, unless Lender
<br />pays Borrower interest on the Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is
<br />made in writing or Applicable Law requires interest to be paid on the Funds, Lender shall not be required to gay Borrower
<br />any interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest shall be paid on the
<br />Funds. Lender shall give to Borrower, without charge, an annual accounting of the Funds as required by RESPA.
<br />Ifthere is a surplus ofFunds held in escrow, as defined under RESPA, Lender shall account to Borrower for the
<br />excess funds in accordance with RESPA. If [here is a shortage 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 to make up the
<br />shortage in accordance with RESPA, but in no more than 12 monthly payments. if there is a deficiency of Funds held in
<br />escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall payto Lender the
<br />amount necessary to make up the deficiency in accordance with RESPA, but In no more than 12 monthly payments.
<br />Upon payment in full ofall sums secured by this Security Instrument, Lender shall promptly refund to Borrower any
<br />Funds held by Lender.
<br />4. Charges; Liens. Borrower shall payall taxes, assessments, charges, fines, and impositions attributable to the
<br />Property which can attain priority over this Security Instrument, leasehold payments or ground rents on the Property, if any,
<br />and Community Association Dues, Fees, and Assessments, if any. To the extent that these items are Escrow Items, Borrower
<br />Borrower shall promptly discharge any lien which has priority over this Security instrument unless Borrower: (a)
<br />agrees in writing to the payment ofthe obligation secured by the lien in a manner acceptable to Lender, but only so long as
<br />Borrower is performing such agreement; @) centests the lien in good faith by, or defends against enforcement ofthe lien in,
<br />legal proceedings which m Lender's opinion operate to prevent the antoroemenI of the lien while those proceedings are
<br />pending, but only until such proceedings are concluded; or (p) secures from the holder ofthe lien an ag overentsausfacmryto
<br />Lender subordinating the lien m this Securitx Instrument. If Lender determines that any part of[he Property is subject to a
<br />lien which can attain priority over this Seen ity Instrument, Lender may give Borrower a notice identify mg [iteliea Within
<br />10 days ordw date on which that notice is given, Borrower shall satisfy the lien or take one or more ofthe actions set forth
<br />above m this Section 4.
<br />Lender may require Borrower to pay a one -time charge for a real estate tax verification and/or reporting service
<br />used by Lender in connection with this Loan.
<br />5. Property Insurance. Borrower shall keen the irarm,cra,w, now evidino nr hP.reaftrr er &M —the Vmnerty
<br />limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in t czanounts
<br />(including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding
<br />sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by
<br />Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably.
<br />Lender may require Borrower to pay, in connection with this Loan, either (a) a onetime charge for flood zone
<br />determination, certification and tracking services; or (b) a one -time charge for flood zone determination and certification
<br />services and subsequent charges each time remappings or similar changes occur which reasonably might affect such
<br />determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal
<br />Emergency Management Agency in connection with the review of my flood zone determination resulting from an objection
<br />by Borrower.
<br />If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at
<br />Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of
<br />coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the
<br />Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage
<br />than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly
<br />exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed byy Lender under this Section 5 shall
<br />became additional debt of Borrower seemed by this Security Instrument. These amounts shal I bear interest at the Note rate
<br />from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting
<br />payment.
<br />All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to
<br />disapprove such policies, shall include a standard mort ggage clause, and shall name Lender as mortgagee and/or as an
<br />additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower
<br />shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance
<br />NEBRASKA -Single Family – Fannie Mae/Freddie Mae UNIFORM INSTRUMENT Form3028 INI (page3of8pager)
<br />9954.CVUA2) 1640184
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