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200200612 If Lender receives a payment how Paul Earn delinquent Pe...tile Payment which includes a suf blentamount to pay any late charge due, the payment may be applied to the delinquent payment mod the late charge. If more than no' Pev.dic Payment is outstanding Lender may apply any payment 1'ecerved hour Bonn,, er to the repayment ofthe Pe''Ohic Payments if, and to the extent that, each payment can be paid in F ull,e%oi ll extent as Ined excess latcclrares due. oary Voluntary applied tfthe fill payment of One ormore Periodic Payments, Y pPi Y 5 prepayments shall be applied fn st to any prepayment charges and then as deea'ibed in the Note. Any application of payments, insurance proceeds, or Miseclls urmer Proceeds to principal due under the Note shall not extend or postpone the dire date, or change the amount, ofthe Periodic Payments, 3. Funds for EsconaP ants, Borrower shall pay to Lender on the day Periodic Payments are due underthe Note. until the Note is paid in full, a sum (the "Funds ") to provide for payment ofamnunfs due for: (a) taxes and assessments and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property, lb) leasehold payments or ground rents on the Property, ifany: (c) premiums for any and all insurance required by Larder under Secton 5; and pd) Mortgage Insurance premiums, Italy, or any sums payubde by Borrower to Lender in lien ofthe payment of Mortgage Insurance Fur remiums o accordance with the provisions of Section 10. These items are called "Escrow Items ° At origination or at any time during the term of [lie Loan, Lender may require that C. ommmily Association Dues, Fees, mid Assessments,iC any, be escrnwcd by Borrower, and such dues, tees and assessments shall be an Escrow Item. Borrower shell promptly famish to Lender all notices ofarrounts to be paid anderthis Section. Borrower shall pay Leader the Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds for savor all Escrow Items. Lender maywaive Ron'ower's obligation to pay to Lender Funds for any or all Escrow Items at anytime. Any such waiver mayonlybe in writing. In the event ofsuch waiveq Borrower shall gay directly, when and where payable, the amounts due for any Escow ltems' fur which payment of Funds has been waived by Lender and, if Lender requires, shall furnish to Lender receipts evidencing such payment within such time period as Lender may require. Borrower's obligation to make such payments and to provide receipts shall for all purposes be deemed to be a covenant and agreement contained in this Security Instrument, as thcphmse "covenant and agreement" is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver. and Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under Section 9 and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such amount, Lendermayrevokc the waiver as to any or all Escrow Items at any time by a notice given in accordance with Section 15 and. upon such revocation. Borrower shall pay to Lender all Funds, and in such amounts, first are then required under this Section I Lender may, at any time, collect and hold Funds n, an amount (o) sufficient to perant Lender to applythe Funds or the time specified under RESPA, and (h) not to exceed the maximum anrowrt a Iander can require under R[ -SPA. Lender Strait estimate the amount of Funds due on the basis of cunent data and reasonable estimates ofexpeaditures offinure Fsa'ms Items or otherwise in accordance with Applicable law. The Funds shall be held in an institution whose deposits are insured hya federal agency, Irish a yen tatty, or entity (including Lender, Len r der is air insrulmon whose deposits are so insured) or in any Federal Home Loon Bank. Lender shall apply the Fonds to pay the Escrow Items no later than the time specified under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or teri(ying the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make such o charge. Unless an agreement is made in writing or App icable Law requires interest tube paid on the Funds, Lender shut I not be i equu ed to pa) Borrower any interest or earnings on the Funds. Borrower and I ender can agree in writing howcve r, that interest sh all be paid on the Funds. Lender shall give to Borowei, without charge, an annual accounting. File Funds as required by RESPA. If there is a surplus of Funds held in escrow, us defined under RESPA, Lender shall account to Borrower for the excess funds m accordance with RESPA. Ifthere is a shortage .f Funds held in escrow, ns defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender die amount necessary to make up the Shortage in accordance with RESPA, but in no more than 12 monthly payments If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notify Burrower as required by RESPA, and Borrower shall payto Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than 12 monthly payments. Upon payment in full of all sums secured by this Security Irish'umeutt, Lender shall promptlyrefimd to Borrower any Funds held by Lender. 4. Charges; Liens. l lorrowei shall pay all taxes, assessments, charges, fines, and impositions sitrlbutable to the Property which can attain priority over this Security Instrument, leasehold payments or ground rents on the Property, ifany, and Community Assoc iation Dues, Flea, and Assessments, i fany. Tothe extent that these i lems it ESa'ow Items, Borrower shall pay them n the manna. provided in Scclion 3. Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Bon'ower: (a) agrees in writing to One payment ofdre obligation secured by the lien in a manner acceptable to Lender, but only an long as Borrower is performing such agreement; (b) contests the lien in good faiW by, or defends against enforcement ofthe lien m, legal proceedings which in Lcnder's opinion operate to prevent the enforcement orthe lien while thnsc proceedings ore pending, but only until such proceedings are concluded; or Ill secures hurt the holder ofthe lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any pull ofthe Propertyis subject to a lien which can attain priority over this Security Irutrument, Lender may give Borrow era notice idcnlifymg the lien. Within 10 days ofthe date on which that notice is given, Borrower shall satisfy the lien or take one or more ofthe actions set for above in this Section 4. - Lender may require For to pay a one -time charge for a real estate tax verification and'or roper hng service used by Lender in connection will, his Loan. 5. Property Insurance. But shall keep the loprovement, now existing or her rea Res erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and wry other hazards including, but n.f limited to, earthquakes and floods, for which Lender requires insuranec. This insurance shall be maintained in flue ..call, (including deductible levels) and for the periods turn Lender requires. What Lender requires pnrsllam m [he preceding sentences can change during the term of the Loan the insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Bmmown, choice, wllich right shall not he exercised unreasonably. Lender may require Borrower to pay, In connection with this Loan, either, polo one-time charge Cur flood zone deter.inalinm, certification and tracking services; or (b) a one -time charge for flood z.he determination and certification services end subs'a{uenl charges each lime remoppivgs or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review ofany Hood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described ab.v' Lender may obtain insurance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. 'Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the Properly, or the contents ofthe Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect Borrower acknowledges thatthe cost oflhe insurance coverage so obtainedmightsignifieanlly exceed the cost of insurance that Borrower cold have obtained Any amounts disbursed by tender under this Secton 5 shall become additional debt of B.rro W er Secured by this Satan Fly Instrment. 'these amounts shall bear interest at the Note rate Roe, the date of disbursement and shall be payable, aid, such interest, upon notice from Lender to Br utter requesting payment All insurance policies required by Lender and renewals of such policies shell be snhjed to Lender's right to dis'uppmve such politics, shall include a standard murlguge clause, and shall name Lender as mortgagee and/or as an additional loss payee. Lender shall hove thic, ght to hold( le p.licies and renewed loni fientes. If Lender requnce, Borrower shall in cariptly give to Lender all Toverpls of paid premiums and renewal notices- If Borrower obtains any fbum of insuanec NEBRASKA -- Single Family— Flom¢ Mae /Fr ethic Mu, UNIFORM INSTRUMENT Form 3028 Hill (pogo JafBVngzU 1],111(21nl (Ell(c GOTO(Il0a11"')