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<br />provide receipts shall for all purposes he deemed Io be a covenant and agreement contained in do, Security
<br />lesfrumcnt, as the phrase "covenant and agreement' is used in Section 9. If Borrower is obligated to pay
<br />Escrow Items directly, pursuant in a waiver, and Burrower fails to pay the amount due for an Gscmw Item.
<br />Feedlot may exercise its rights under Section 9 and pay such amount and Borrower shall then be obligated
<br />under Section 9 to repay to Lender any such national, Lender may revoke the waiver as to any or all Esu'ow
<br />Items st any turn by a notice given in accordance with Section 15 and, upon such revocation. Borrower shall
<br />pay to Lender all Funds, and in such amounts, that are then required outlet this Section 3.
<br />Lendcr may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply the
<br />Funds at the time specified under RESPA, and (b) not to exceed the maximum amount a lender can require
<br />wader RESPA. Lendcr shall ,stmate the amount of Prices due On the basis of current data and onsomhle
<br />estimates of expenditures of future Escrow items or otherwise in accordance with Applicable Law.
<br />The Funds shall he held in an institution whose deposits arc insured by a federal agency, instrumentality,
<br />or entity (including Lender, if Lender is an institution whose deposits are so insurol) in Ia any Federal Home
<br />Loan Bank. Lendcr shall apply the Funds to pay the Escrow Items no later than the time specified wader
<br />RFSPA. Lender shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow
<br />account, or ",trying the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable
<br />Law inanity Lender to make such a charge_ Unless an agveement is made in wining or Applicable Law
<br />requiss interest to be paid nn the Funds, lender shall not he required to pay Borrower any interest nr
<br />earntng,s on the Funds. Borrower and leader can agree in wntivg, however, that interest shall be paid on the
<br />Funds. Lender shall give to Borrower, without charge, an annual accounting of the Funds as h'Cgailed by
<br />RESPA.
<br />If thel'e is a surplus of Funds held in escrow, as defin d under RESPA, Lender shall account to Boa'ower
<br />far the excess funds in acenrdancc with RESPA. If there is a shortage of Funds held in escrow, as donned
<br />under RFSPA. Lcnder shall notify Borrower as required by RESPA, and Borrower shall pity to Lender the
<br />amount necessary to make up the shortage in accordance with RESPA. but in no more than 12 monthly
<br />payments. If there is n deficiency of Funds held in escrow, as defined under RESPA, Lender shall nntlfy
<br />Borrnwcr as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the
<br />deficiency in accordance with RESPA, but in no more than 12 monthly payments.
<br />Lion payment in full of all sums secured by this Security Instrument, Lender shall promptly rotund to
<br />Borrnwcr any Fouls held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, asxcssmcnts, charges, fines, and impoxuioas attributable
<br />to the Property which can anum prienty over this Security Instnhment. Icusehold payments or ground rents on
<br />the Property, if any, and Commanity Association Dues, Fees, and Assessments, if any. To the extent that
<br />these dents arc Fcrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrmnenl unless
<br />lanrmwer (a) agrees in writing to the payment of the obligation secured by (lie lien In it manner acceptable to
<br />Lender, but only so lung us Borower is performing such agreement; (b) contests the lien in good faith by, or
<br />defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the
<br />enforcement of Ibe lien while those proccedur Ws are heading, but only until such proceedings are concluded', or
<br />(c) secures from the holder of the lien an agreement satisfactory to Leader subtudtnuting the lien to this
<br />Security LIffimment If Lender determines that any part of the Property, is subject to it lien which can attain
<br />priority over this Security Instrument. Lender may give Borrower a notice identifying the lien. Within 10
<br />days of the date nn which that notice is given, linrrower shall satisfy the lien or take one of more of the
<br />actions set fortit above in this Section 4
<br />lender may require Bon'ower to pay a one-time charge for a real estate tax verification and /or reporting
<br />service used by Lender in connection with this Loam
<br />5. Property Insurance. Borrowel' shall keep the improvcments now existing ,I hereafter erected on the
<br />Property insured against Toss by fire, hazards included within the fens "extended coverage,' and any other
<br />hazards including, but not limited to, curthquakes and floods, for which Lcadcr requires insurance This
<br />insurance shall be maintained in the creams (including deductible levels) and for the pinions that Lcnder
<br />requires. What Lendcr acquires pursuant to the preceding mumuees can change during the term of the Loan.
<br />'I'hc insurance carrier providing the inmrance shall be chosen by Borrower subject to Lenders right to
<br />disapprove Borrower's choice, which right shall not he exercised unreasonably- Lender may ruphire Borrower
<br />to pay, in connection with this Loan, tither: (a) a one charge for flood zone determination, certification
<br />and tricking services; or (b) a mi e-t re charge for flood zone determination and certification services and
<br />NEBRASKA - Single Family - Fannie MaeTreddle Mee UNIFORM INSTRUMENT
<br />Farm 3028 1/01
<br />I yea. Focal lea tact, a16 3s55 K
<br />LFI4FNMAR02B INt Page 5 of 13 Initials,
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