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to pay any late charge due, the pa ant may be appned ro the dennquent
<br />Page is Pa ant rs outstanding, Lender may apply any paymenI received
<br />Payments it; and to the extent that, each payment can be paid in full. To the
<br />annlied
<br />Is the fill navment mfnne or more Periodic Payments, such excess 1
<br />shall not extend or postpone the due date, or change the amount, i
<br />3. Funds for Escrow Items. Borrower shallpayto Le
<br />until the Note is paid in full, a sum (the "Funds") to provide for pa
<br />other items which can attain priority over this Security Instrumem
<br />payments or ground reins on the Property, ifany; (c) premiums for
<br />and (d) Monga &e Insurance premiums, Ifany, or any sums payablt
<br />Insurance premiums in accordance with the provisions ofSectlon
<br />or at any time during the term of the Loan, Lender may require that
<br />any he escrowed by Borrower. and such dues, fees and assessor
<br />unless Lender waives Borrower's obligation
<br />obligation to pay to Lender Funds for any or
<br />event of such waiver, Borrower shall gay dirt
<br />payment of Funds has been waived by Lear
<br />payment within such time period as Lender
<br />receipts shall for all purposes be deemed or h
<br />;ment" is used in Section 9. If Borrower
<br />o pay the amount due for an Escrow Itel
<br />er shall then be obligated under Section
<br />ill Escrow Items at any time by a notice F
<br />to Lender all Funds, and in such amoun
<br />,v. at anv time, collect and hold Funds in
<br />amount and Borrc
<br />waiver as to any o'.
<br />Borrower shall pa
<br />the time specified
<br />shall estimate the
<br />Items or otherwis
<br />200304644
<br />the
<br />to any late charges due. voluntary
<br />e Note.
<br />Is to principal due under the Note
<br />due for:
<br />an Escrow Item. Borrower shall promptly
<br />r shall pay Lender the Funds for Escrow Items
<br />crow Items. Lender may waive Borrower's
<br />1 such waiver may only be in writing. In the
<br />amounts due for any Escrow Items for which
<br />furnish to Lender receipts evidencing such
<br />9 to repay to Lender any such amount. Lender may revoke the
<br />iven in accordance with Section 15 and, upon such revocation,
<br />s, that are then reqquired under this Section 3.
<br />anamount(a)sir cient to permit lender to apply the Funds at
<br />maximum amount a lender can require under RESPA. Lender
<br />I data and reasonable estimates ofexpendimres of future Escrow
<br />Lee with Applicable Law.
<br />:Id in an institution whose deposits are
<br />an institution whose deposits are so im
<br />the Funds to pay the Escrow Items no later than
<br />riding and applying the Funds, annually analyzil
<br />3orrower interest on the Fonds and Applicable
<br />in writing or Applicable Law requires interest
<br />retest or earnings on the Funds. Bortower and
<br />Funds. Lender shall give to Borrower, without charge, an annual accoi
<br />If there is a surplus of Funds held in escrow, as defined under
<br />excess funds in accordance with RESPA. If there is a shortage of Fund
<br />shall notify Borrower as required by RESPA, and Borrower shall pa
<br />shortage in accordance with RESPA, but in no more than 12 monthly
<br />escrow, as defined under RESPA, Lender shall notify Borrower as requl
<br />amount necessary to make up the deficiency in accordance with RESP,
<br />Upon payment in full of all sums secured by this Security Instr
<br />Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessmer
<br />a3 or 1
<br />under
<br />erifying the Escrow Items, unless Lender
<br />as such a charge. Unless an agreement is
<br />der shall not be required to pay Boffower
<br />however, that interest shall 9e ?Ad on the
<br />the Funds as required by RESPA.
<br />Lender shall account to Borrower for the
<br />escrow, ss defined under RESPA, Lender
<br />let the amount necessary to make up the
<br />If there is a deficiencv of Funds held in
<br />no more than 12 monthly ppayments.
<br />ender shall promptlyrefundto Borrower any
<br />es, fines, and impositions attributabletothe
<br />and Community Association Dues, Fees, and Assessments, ifany. To the extent that these items are Escrow Items, Borrower
<br />shall pay them in the manner provided in Section 3.
<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 obliggation secured by the lien in a manna acceptable to Lender, but only so long as
<br />Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement ofthe lien m,
<br />legal proceedings which in Lender's opinion operate to prevent the enforcement ofthe lien while those proceedings are
<br />pending, but only until such proceedings are concluded; or (c) secures from the holder ofthe lien an agreement satisfactoryto
<br />Lender subordinating the lien to this Security Instrument. If Lender determines that any part ofthe Property is subject to a
<br />lien whichcar, attain priority over this Security Instrument, lender may give Borrower a notice identifying esien. Within
<br />10 days of the date on which that notice is given, Borrower shall satisb the lien or take one or more ofthe actions set forth
<br />above in this Section 4.
<br />1 ender 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 keep the improvements now existing or hereafter erected on the Property
<br />insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not
<br />limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts
<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 esereised unreasonably.
<br />Lender may require Burrower to pay, in connection with this Ivan, 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 and certification
<br />services and subsequent charges each time remappmgs or similar changes occur which reasonably mi t affect such
<br />determination or certification. Borrower shall also be responsible for the payment of any fees imposed y the Federal
<br />Emergency Management Agency in connection with the review ofany 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 ofthe insurance coverage so obtained might significantly
<br />exceed the cost ofmsumace that Borrower could have obtained. Any amounts disbursed by lender under this Section 5 shall
<br />and shall be payable, with such interest, upon notice from Lender to
<br />payment.
<br />All insurance policies include by lender and renewals e, such policies shall be subject to Lender's right to re
<br />disapprove such policies, shall include a standard mortggage clause, and shall name cater. as mortgagee and/or ro er
<br />shallp promptly payee. Lender shoe receipts of paid premiums th and renewal and renewal fBorr werobain requires, of Borrower
<br />shall promptly give to Lender all receipts ofpmd premiums and renewal notices. If Borrower obtains any form of insurance
<br />NEBRASKA -- Single Family— Fannle Mae /Freddie Mar UNIFORM INSTRUMENT Form3028 I/ol (page3ofSpages)
<br />9754CV(1102) 1678853
<br />coTO(004r5b4)
<br />
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