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200205741
<br />It Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount
<br />at pay any Idle charge due, the payment may he applied to the delinquent payment and the late charge. If more than one
<br />Periodic Payment is outstanding. Lender may apply any payment received from Borrower to the repayment of the Periodic
<br />Payments if, and to the extent that, each payment can he paid in full. To the extent that any excess exists after the payment is
<br />applied to the full prvmcnt intone or more Per iodic Payments. such excess maybe applied to any law charges due. Voluntary
<br />prepayments shall be applied first to any prepayment chargcs and then as described in the Note.
<br />Any appbcuticn ofpayntents, Insumnce� proceeds, or Miscellaneous Proceeds to principal due under theNme
<br />shall not extend or postpone the due late, or change the amount, of the Periodic Payments.
<br />3. Fonds for E.scrury Items. Borrower shall payto Lender on the day Periodic Payments anchor underlhc Nine,
<br />until the Note is paid in felt,, sum (dm "Funds") to provide for payment of amounts due ILL: (a) taxes and assessments and
<br />other items which can attain Pnonty over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold
<br />payments or ground rents on the Property, ifany, (c) premiums for any and all insurance required by lender under Section 5;
<br />and (ill Mortgage Insurance prnniures, it'ra or any sums payable by Borrower to Lender to lieu ofthepaymcntofMurtage
<br />Insurance pmmiuns in accordance with the provisions of Section 10. These items ate called "Escrow Items." Atorigdnetion
<br />or at any time during the term of the l San, Lender may require that Community Association Dues, Fees, and Assessments, if
<br />any, be cscrowcl by Borrower, and such dues, fees and assessments shall be an Escrow Item. Borrower shall promptly
<br />furnish to Lender all notices of amounts to be paid under this Section. Borrower shall pay Lender the Funds far Escrow items
<br />unless fandcr waives Borrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive Borrower's
<br />obligation to pay to Lender Funds for any orall Escrow Items at anytime. Any such waiver may onlyy be in writing. In the
<br />in
<br />event ofsueh w vet, Borrower shall pay directly, when and where payable, the amounts due for any Bserowltenvs for which
<br />payment of Funds has been waived by larder Std, if Lender requires, shall furnish to Lender receipts evidencing such
<br />payment within such time pefiod as Lender may require. Borrower's ohGgation m make such payments and to provide
<br />receipts shat I for all purposes he deemed m he a covenant and agreement contained in this Security Instrument, as the phrase
<br />"covenant and agrenuenf' is used In Section 9. It Borrower is continued to pay Escrow Items directly, pursuant to a waiver,
<br />and Borrower fulls to pay the amoum due liar an Escrow Item, Lener may exercise its rights under Section 9 and pay such
<br />amount and Bill o,CI sIKll then be obligated under Section 9 to repay to lender any such amount. Lendermay revoke the
<br />waiver as to novel all Escrmv Items at any I imc by a notice given in accordance with Section 15 and, upon such revocation,
<br />Borrower shall pay it) Lender all Funds, and in such amounts, that are then re aired under this Section 3.
<br />Lender may, m any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds at
<br />the time specified undcr RESPA, and (b) not to exceed the maximum amount a lender can require under RESPA. Lender
<br />shall estimate the amount of funds due on the basis of currcntdata and reasonable estimates ofexpenditures offuwreEsrxow
<br />Items or otherwoc is accordance with Applicable Law,
<br />The Funds shall be held at inn institution whose deposits are insured by a federal agency, instrumentality, or entity
<br />(including lender, it corder is an institution whose deposits are so insured) or in any Federal IlomeLoan Bank. Iendcr shall
<br />apply the Funds to poly 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 the escrow account, or verifying the Escrow Items, unless lender
<br />Pays Borrower interest on the funds and Applicable l.aw 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 he required to pay Borrower
<br />any interest or carvings on roc Funds. Borrower and l creel can agree in wining, however, that interest shall be paidon the
<br />Funds- I ender shall give to Borrower. without charge, an annual acco.mdng of the Funds as required by RESPA.
<br />If there is a surplus of Yunds held in escrow, as defined under RESPA, Lender shall account to Borrower for the
<br />excess funds in accordance with RESPA. If there is a shortage ofFunds held m escrow, as defined under RESPA, Under
<br />shall notify Borrower as requacd by RESPA, and Bnrrowcr shall pay to Lender lire amount necessary to make up the
<br />shortage to accordance witll RESPA, but in no more than 12 monthly payments It there is a deficiency of Funds held in
<br />tsemw, as defined undcr RESPA. Lender soul I notify Borrower as required by RESPA, and Borrower shall pay N Lender the
<br />amount necessary to make all the dcllcicncy in accordance with RESPA, but in no more than t2 monthly payments.
<br />Upon payment in full Ol m li
<br />in I sus scc ed by this Security instrument, render shall promptly refund to Borrower any
<br />Funds held by I Order.
<br />4. Charges,Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to the
<br />Property which can aoaan priora y over this Security lastrument, leasehold payments or ground rents on the Property, if any,
<br />and Community Association Dues, lees, Sold Assessments, if any To the extent that these farms arcEscrow Items, Borrower
<br />shall pay them in the manner Provided in Scclion 3.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a)
<br />agrees in writing to the paymcnl of Ihr obligation secured by the lien in a manner acceptable to Lender, but only so long as
<br />Botnnveris pelKs, more such agreement: (h) contests the lien in good faith by, ordefends against enforcement of the Tien in,
<br />legal proceedings which in fender's opinion operate to prevent the enforcement of the lien while those proceedings are
<br />pending, but only until such proceedings arc concluded; or (c) secures from the holder of the lien an agreement setisfactoryto
<br />Lender subordinating the lien to this Sccunry Instrument. If Gender determines that any Pont ofthe Property is subject to a
<br />lien which can ahem priority co el this Security Instrument, Lender may Live Borrower a notice identifying the lien Within
<br />10 days of the date on which that n>uce is given, Bnrrowcr shall satisfy the lien or lake one or more o the actions setfotth
<br />above in this Suction 4.
<br />Lender may require Borrower to pay a one-lame charge for a real estate tax verification and/or reporting service
<br />.soil hyLandcr in conmdiou tail, this Loan.
<br />5. Property Insurance. Bon'ower shall keep the improvements now existing or hereafter crectedon the Property
<br />insured eg,tinsf loss by Ilre, hazards included within the term "extended coverage 'and any other hazards including, but not
<br />limited m, earthquakes and floods., for which I cider rcporos insurance. This insurance shall be maintained Lathe amounts
<br />(including deductible levels) and for the periods than Linder requires. What Lender requires pursuant to the preceding
<br />sentences can change during the loa nt of the lour, The insurance carrier providing the insurance shall be chosen by
<br />Borrower stescel to IcndW, right to disapprove Borrower's choice, which right shall not be exercised unreasonably.
<br />Lender may requarc Bon'ower to pay, in connection with this fUaq either: (a) a one-time charge for flood zunc
<br />determination, een,acinme and cracking services; or (b) a one -time charge for flood zone determination and certification
<br />services and subsequent chargcs each time emappamos or similar changes occur which reasonably might affect such
<br />determination or ccrf,fi,:lmu. Borrewcr shall also be responsible hot the payment of any fins imposed by the Federal
<br />Entefgency Management Agency in connection with the review of any flood zone determination rculIing 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 anal Boo rowc's expense. L Carder is undcr no obligation to purchase any particular type or amount of
<br />Coverage. Therefi..e, such coccrLoge shall cover LOndCq lint might or might not protect Borrower, Borrower's equityin the
<br />Property, or the contcna of the Property, against mry risk, hazard or liability and might provide greater or lesser coverage
<br />thanwaspreanudyaneBecf B>nower acknowledges that the cost of the insurance coverage so obtained might significantly
<br />exceed the east otair,earoSo that Boo owcr could have obtained. Any amounts disbursed by Lender under this Section 5 shall
<br />beware additional debt ofBon'owei secured by this Serial its Instrument These amounts shall bear interest at the Note rate
<br />from the date A dashurscmem and shall bt payable, whh such interest. upon notice from Lendet to Borrower requesting
<br />payment.
<br />All insurance p, shall rupu e by Idaho Std renewals e, such policies shall be subject to Lender's right to
<br />disapprove such policies, shall include a standard mortgage clause, and shall name lender as ndetgagw es,B and/or o er an
<br />additionallosspayees I coder shall hurt Iho light asheld the policies and renewalcertificates. htainder requires, Borrower
<br />Shall promptly give to Isndcr all receipu of Paid Prtmiums and renewal notices- If Borrower ohLtins any form of insurance
<br />NEBRASKA Sinai rFnmily- Pannic1la,liosddw.1kic I Nil ORNI INS 'IRUNIEN'I k'Lrnt3028 II01 fpnNe3,,18pngc0
<br />I 'IC1Wall 1,1111,
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