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<br />If Lender receives a payment Rom Borrower for a delinquent Periodic Payment which includes a sufficient Amount
<br />to pay any Tate charge due, me payment may be applied to the del Inqucnt payment and the late charge. If more than one
<br />Periodle Payment is outstanding, Lender nary apply any payment received from Burrower r the repayment of the Periodic
<br />Payments if, and to the extent that, each pay ncra can bepaid in full, To the extent hat any excos exists after the payment is
<br />split ed to the full payment of one of more Periodic Payments, such excess may be applied to any law changes due. Volunauy
<br />prepayments shall be applied first m any prepayment charges and then as described in the Note.
<br />Any application of payments ,insurance proeeeds, or Miscellaneous Proceeds to principal due under the Note
<br />shall not extend or postmne the due date, or change the amount, of the Periodic Payments.
<br />3. Funds for Escrow Items. Bar rower shall pay to Under n the day Perlodm Payments arc due under life
<br />until the Note is paid in full, a sum (the "funds") to provide forpaymcnl of amounts due for (a) axes and assessments and
<br />other arms which can main priority over this Security Instrument as a lien or encumbrance on the Property, (b) leasehold
<br />payar or ground roars on the Property, if am; ( c) premiums for any and all Insurance required by Under under Section 5;
<br />and (d) Mortgage Insurance premiums, if any, or any sums payable by Borrower to Under in lieu ofthc payment ofylodgage
<br />Insurance premiums in accordance with die provisions of Section t0. These items are called "Escrow hemC' Atonginadon
<br />or at any time during the term othh fuel Lander may require that COmmmrary Association Does, Feses,And Assesmiengif
<br />any, be esnowed by Borrower, and such dues, fees .Old assessments shall be an Escrow Item. Borrower shall promptly
<br />furnish to renderalI notices of amounts rbe paid ender this Sect ion. Borrowershallpayrpaid.rme Punsffii Ctow Items
<br />unless Lender waives Borrmver's obligation to pay the funds for Gary or all U$aow Items- Icndcr may waive Borrower s
<br />ohligationtopayto znder Fundsfor any or all Eserow Items at anytime. Any such" aivcr may only be in writing. lnthe
<br />entmamllwai,e, Borrower shall pay, directly, when and where payable, the amounts due for any Body" Items r which
<br />payment orFunds has been waived byLende and, if Lender requires, shall furnish to finder receipts evidencing such
<br />ptpannat within such time period as Under may require. Borrower's obligation to make such payments and to provide
<br />receipts shall f r all purposes bedemned r Ix acovenant and agreement contained in this Security Instrument, as dipho e
<br />tent and agreement' is used in Section 9. It Borrower is obligated to pay Escrow Items directly, pursuant to a widveq
<br />and Borrower fads m pay the amount due for an Escrow Item, I endcs may exorcise its Ti tsunder Seaton9andpaysuch
<br />tent and Borrower shall then be obligated under Scati en9mrepay -_ I tnamount- Lendermaynnolethc
<br />waiver as to any or all Escrow Items at anytime by a notice given in accordance with Section 15 and, upon such revocation,
<br />Borrower shall pay to lender all Funs, and in such amounts, that an a then required under this Section 3.
<br />Under may, at any time, collect and hold Funds in an amount (a) sufficient o permit lender to apply the Funds at
<br />the time specified under RESPA, and (h) rim r exceed the maximum amount a lender can require under RESPA_ Under
<br />shall estimate the amount Of Funds due on the basis of current data and reasonable selimares mexpenditures offutuse Escrow
<br />Items or otherwise in accordance with Applicable law.
<br />'I he Funds shall be held in an institution whose deposits are insured by afederal agency, instrumentality, or entity
<br />(including Icoder, if Lender is an institution whose deposits are yo insured) or in my Federal Homelomn Bud. Lender shall
<br />apply the funds to pay 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 Under
<br />pays Borrower t ereA on the Funds and Applicable Uw Ill Under in m 1. e such acharge. Unless a ment is
<br />made in vo of g or Applicable Lass, requires interest t be paid on the Funds, U d h llnotbe q ed t yBonower
<br />y- tecstorcarninLsonthe Fonds. Bn and Lender can agree in writing, however, that interest shall 6 paid on the
<br />Funds. Lender shall give to Borrower, without charge, an annual accounting of the Funds as required by RESPA.
<br />If there is A surplus of Puns held in escrow, as defined under RESPA, Lender shall account in Borrower for the
<br />xs funds in accordance with RESPA. If there is ashortage of Funds held in escrow, As defined under RESPA, Lender
<br />shall notify Borrower is required by RESPA, and Borrower shall ppuy to Under the amount necessary to make up me
<br />shortage m Accordance with RESPA, but in no more than 12 month lypayments. If there is a deficiency of Funds held in
<br />escrow, as defined under RESPA, Lender shall notify Borrower as teqq - dByRESPA, and Bonow-erslell patio Under the
<br />amount nevesmry to make up me 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, Under shall p mnalyrefund mRemwcrany
<br />Funds held by Lender .
<br />and and Community Association Dues, lees, and Assessmaus, if any To ale extent that these tems:ne U'saow Items, burrower
<br />shall p y their in the number provided in Section i_
<br />Borrower shall p Itly finclauge any len which has pro proun Ity over this Security Instrument unless Borrower (a)
<br />agrees it g In the payment of the obligation secured by the lien in a mamocr acceptable to Under, but only so long as
<br />Borrower Is performing such agreement: by contests the lien In good fait by, or defends against enforcement of the Tien in,
<br />legal proceedings which in Lender's opinlon operate r prevent the enforcement of the hen while those proceedings are
<br />pending, but only until such proceedings me concluded, or (c) secures from the holderof the lien an agrmmcrtsmstoll to
<br />Under subordinating the lien to this Security Instrument. IFIA der determines that any part of the Property is subject to
<br />I ten which can trial n priority over this Security lnshwnenl, lender may give Borrower a notice identifyyi�ng the lien Within
<br />10 dally of the date on which that nice is given, Borrower shall satisfy the lien or take one or more Ofthe act ton.s set form
<br />above in this Section 4.
<br />Under may raluire Borrower to pay a one -time charge for a real estate tax verification and/or reporting service
<br />used by Under in mnnecumn with this Loan.
<br />5. Property Insurance. Burrower hall keep the improvements now existing or hereafter erected on the tropical
<br />eel against loss by fire, hazards included within the teen "e similar coverage," and any other hazards including, but tat
<br />turned in, earthquakes and pal la, for which Under rey 'tees insurance. This insurance shall fiemameured in rho amounts
<br />(Including deducible levels) and for the periods that tender requires. What render requires pursuant r the preceding
<br />sentences can change during me term of the Avon. "I he insurance carrier providing the insurance shall be chosen by
<br />Borrower subject to [antler's right to disapprove Borrower's choice, which right shall not be exercised unreasonably .
<br />rends may require Borrower to pay, in connection with this loan, either: (a) a one-time charge for flood zone
<br />determ e
<br />inauoq oificdtion and nacang sc or (b) A one-time charge for flood zone determination and certification
<br />services and subsequent charges each time om appings or similar changes occur which reasonably muslin affect such
<br />deerouflatimi or certification. Borrower shall also be responsible for the payment of any Ines imgrosed y the Federal
<br />Emerge cy Management Agency in connection with the revnew of any flood zone determination resuhmg from au objection
<br />by Borrower.
<br />If Borrower fails w maintain any of me coverages described above, Under may obtain insurance coverage, at
<br />Lender's option and Bnrmwcr's expense. Lander is under no obligation to purchase any parficulur type or Al l of
<br />verage. 'Therefore, such coverage shall weer ( ender, but ought or might not protect Borrower, Borrowers Nulty in the
<br />Propoly, or the t ts or ff proPevy against any risk, hazard or liability and might provide g r .. coverage
<br />than aspre'ipusly- effect. Borrower k i dg : that the t at th n' a nce coverage so obte ed might . ificantly
<br />exceed the Cost Of Fistcansec that Borrower word have obtained And amounts dista sed by Leander uadermis Section 5 shall
<br />become additional debt at Borrower secured by this Sceuraylnmument. These amounts shall bear interest at Note rate
<br />from the date of disbursement And shall be payable, with such interest, upon notice from Tender to Donal requesting
<br />payment.
<br />All inmmncc policies required by Under and ragewak e, such policies shall be subject g rce anchor it
<br />additional
<br />disapprove such prove UF, shall include th standard mortgage clause and shop name Lender as mortgagee and/or ro er
<br />additional loss payee Lender shall have repaid pr mold the policies al renewal f Dti rower obtains form of shall promptly giver Lender all receipts of paid Premiums and renewal notices- BBOrrowcr oMainsany form of inwrsnce
<br />NEBRASKA Slagle pamlly kmnaeblar/Erialaie Ntu INIPORhf INSTR"ENT PArmAlsa 1101 :Wge3ay6pagra)
<br />Y34 cv(14" -) GIosu
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