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If Lender receives a payment from I
<br />to pay any late charge due, the payment may
<br />Periodic Pa ant is outstanding Lender mat
<br />Payments
<br />,rent
<br />to the extent that, each paym
<br />applied to the full payment of one or more Pei
<br />prepayments shall be applied first to any pre
<br />Any application of payments, a
<br />shall not extend or postpone the due date, or
<br />until the Now is paid in full, a sum (the
<br />other items which can attain priority oT
<br />payments or ground rents on the Proper
<br />and (d) Mortgage Insurance premiums,
<br />Insurance premiums in accordance will
<br />or at any time during the term ofthe Loa
<br />any, he escrowed by Borrower, and so
<br />furnish to Lender all notices ofamounts
<br />unless Iender waives Borrower's oblil
<br />obligation to pay to Lender Funds for a
<br />event ofsuch waiver, Borrower shall p2
<br />payment of Funds has been waived )
<br />payment within such time period as L
<br />receipts shall for all purposes be deeme
<br />waiver as to any or all Escrow
<br />Borrower shall pay to Lender
<br />Lender may, at any t
<br />the time specified under RES
<br />shall estimate the amount of
<br />Items or otherwise in accorda
<br />the Escrow Items
<br />in the Funds, arm
<br />for an Escrow
<br />to the
<br />I Law.
<br />whose deposits
<br />200304794
<br />Periodic
<br />To
<br />scellaneous Proceeds to principal due under the Now
<br />1e Periodic Payments.
<br />r on the day Periodic Paj?nents aredue under theNote,
<br />;nt ofamounts due for: (a) taxes and assessments and
<br />a lien or encumbrance on the Property. (b) leasehold
<br />and
<br />such waiver may
<br />;amounts due for i
<br />famish to lender
<br />shall
<br />to Lender any such amount. Lender may revoke the
<br />:ordanc , with Section 15 and, upon such revocation,
<br />then required ander this Section 3.
<br />: (a) sufficient to permit Lender to appply the Funds at
<br />amount lender can require under RESPA. Lender
<br />reasonable estimates ofexpenditures of future Escrow
<br />or verifying the Escrow Items, unless Lender
<br />pays Borrower interest on the moos ana .vppucame raw permits r.enuer w 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 pay Borrower
<br />any Interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest shall a paid on the
<br />Funds. Lender shall give to Borrower, without charge, an annual accountingg ofthe Funds as required by RESPA.
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account an Borrower for the
<br />excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as defined under RESPA, Lender
<br />shall notify Borrower as required by RESPA, and Borrower shall fay to Lender the amount necessary to make up the
<br />shortage in accordance with RESPA, but in no more than 12 monthlypayments. If there is a deficiency of Foods held in
<br />escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall paym 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 of all sums secured by this Security Instrument, Lender shall promptlyrefundto Borrower any
<br />Funds held by Lender.
<br />4. Charges;Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable tothe
<br />Property which can attain priority over this Security Instrument, leasehold payments or ground rents on the Property, if my,
<br />and Community Association Dues, Fees, and Assessments, if any. 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 of the obllb1,Iation secured by the lien in a manner 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 of the lien in,
<br />Iegal proceedings which in Lender's opinion operate to prevent the enforcement of the hen while those proceedings are
<br />pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreementsmisfactoryto
<br />Lender subordinating the lien to this Security Instrument. If Lender determines that any part ofthe Properly Is subject to a
<br />lien which can attain prionty over this Security Instrument, Lender may give Borrower a notice identifying thelien. Within
<br />10 days ofthe date on whichh that notice is given, Borrower shall satisfy the lien or take one or more ofthe actions set forth
<br />above in 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 keep the improvements now existing or hereafter erected onthe Property
<br />insured against loss by fire, hazards included within the term "extended coverage," and am. other hazards including, but not
<br />limited to, earthquakes and floods, for which Lender reuires insurance. This insurance shall be maintained in the amounts
<br />(including deductible levels) and for the permds 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 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 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 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 of the insurance coverage so obtained might significamly
<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 secured by this Security Instrument. Thesearommusshall 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 standard Lender and renewals e, such policies shall be subject to Lender's right m
<br />disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or Borrower
<br />shall promptly payee. Lender allrecavethe aid premiums renewal mid renewal fBorr war If Lender any of insurance shall prompdy give to Lender all receipts ofp¢1d premiums and renewal notices. If Borrower obtains any tbrtn ofinsurance
<br />NEBRASKA Single family — Fannie Mae /Freddie Mae UNIFORM INSTRUMENT Farm3028 IIBI (page3o/8pagao
<br />4754CV(1/02) 1682004
<br />GOTO(0004,.< )
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