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200207064
<br />provide rccroipls shall for all purposes he deemed w be a eovnant and agreement contained in this Security
<br />Instrument as the phrase oventur and agt ancont is used in Section 9. It Borrower is obligated to pay
<br />Escrow Items directly, pursuant to a waiver, :rod Borrower fails m m
<br />pay the amount due for an Escrow Ilan.
<br />Lender may exercise its rights under Section 9 and pay such amount and Borrower shall then he obligated
<br />under Suction 9 to repay to Lender any such amount Lender may maoke the waiver as la any or all Psoow
<br />Items at any time by a ce given in accordance with Section 15 and, upon such revocation. Bower shall
<br />pay to Lender all funds �am in such remains, rro that are then required under this Section 3.
<br />Lends may. tit in% time, collect and hold Funds In an amount (r) sufficient to permit Lender to apply the
<br />Funds at the time specified under RFSPA, and to not to exceed the malmum amount a lender Sun rcqulm
<br />muter RFSPA. Lander shall es(Gmme Ile amount of Funds due on the hasis of current data and reasonable
<br />estimates of expenditures of future Escrow Items or otherwise in auamWned with Applicable Law.
<br />The Funds shall be hold In an Institution whose deposits are insured by a federal agency, monumentality,
<br />or enliy- (including Lender, if Lender is an institution whose deposits are so insured) or in any Federal Home
<br />Loan Bank. Lender shall apply the Funds to pay the Escrow items no later than the time specified under
<br />RESPA. Lender shall not charge Borrower for holding and applying the Ftmda, annually analyzing the esrow
<br />account, or erifying the Escrow Icarus, unless Lender pays Borrower interest on the Funds and Applicable
<br />Law permits Lender to make such a charge. Unless an ag emnt IS Made in welling or Applicable Law
<br />requires interest to he paid on the Funds. Lando shall not be required to pay Borrower any interest n
<br />earnings on the Funds. Borrows and Lender call agree in writing, however, that interest shall be paid on the
<br />Funds. Lender shall give to follower charge, an arm nap acuwnting of the Funds as required by
<br />RESPA_
<br />If there is a surplus of Funds laid in escrow. as defined under RESPA, Lender shall amount to Borrower
<br />for the excess funds in acconclaree wish RESPA. If there Is a shortage of Funds held h is defined
<br />under RESPA, Iender shall notify Borrower ar contained by RESPA, unit Borrower shall pay to Lender the
<br />amount Su c m ssmy make Pp the shortage in accordance with RFSPA, but in n -e than 12 monthly
<br />naturally It there is a deficiency of Funds hold in escrow, as defined under RESPA, Lender shall notify
<br />BUnowur as required by RESPA, and Borrower shall pay to Lends the amount nee<naary to rake up the
<br />deficiency in accordance with RFSPA, but in no more than 12 monthly payments.
<br />Upon Rome al in full of all sums secured by tills Security Tnsvament Lends shall promptly refund to
<br />Bormwerany Funds held by Innder_
<br />C Charges; Liens. Borrower shall pay all taxes, assessments. charges, fines. and impoaitions alleilma lc
<br />m the Property which can attain priority over dtis S'enrvlty IluVUmenl, leasehold payments of ground more on
<br />the Property, if any, and Community Association Dues. Fees, and Aesesaments, if any To the extent that
<br />thuc items are Escrow Items, Borcower shall pay them in the manner provided in Section 3.
<br />Borrower lall promptly irritates any lien which has filially over this Security Instrument unless
<br />Logical,
<br />Bill (a) agrees in as Bo to the payment of the obligation nefra secured by the Ilan l e manner inch by, N
<br />Lender, bat only l long as Borrower i performing gal ro such proceedings "Meat, (h) contests the lien in good laith by, he or
<br />defends agaiml the lien whil of the lien legal pmcending, which y nit such opinion operate co prouder the
<br />(L) Secures of the lien while those procedures liens tarcent satisfactory butonly camelouchproceedings , the lien to se es from the holder of the lien an at any p e Pr a Lender subject to oaring the Ilan to thin
<br />Seeunty Instrument. Iffy Instrument, determines that any par[ Borrower Properly is aubjea m o I'mn Let, can stain
<br />In aucity t cr this n whit that notice Lender may give aomtwer is notice ien or take the lien. re 411 Ie
<br />days uC the date e which thin notice is given, Borrower shall satisfy the lien or take one or more cal the
<br />returns Lnder forth mture Nls were to Lender may require Borrower ro pity a Than chine for a Leal estate tux verification and/or acpnNing
<br />Ot
<br />service
<br />used by lender Rice. Roien with all Loan.
<br />5. Property Insurance. Ryfile, r shall keep the improvements now existing or hereafter eremeA on Nc
<br />Properly Insured against loci it deco, harthq included within the term Much Leader coverage." and any other
<br />insurance Including bed nor limited to, earthquakes and ponds, far which Lender requires fic insurance This
<br />shall he maintained in the amounts (including deductible levels) and Pot g t eterm Nth Lender
<br />Th Ilea- insurance carrier requires pursuant ra the preceding chosen can chance during the termer the futm.
<br />The insurance cams providing the shell ex chosen by Borrower subject w Tenders right m
<br />to Per, in Borrowers with the which either ( not be timeeCha Charge for red z Lender may tion, certification RnMnwet
<br />to pay, hl t Lion with this i.nan allot'. ge a nflood one d term innd soon determination, u,kian
<br />and ttackingns nu,es, or (h) a cane -time charge for flood zone determination uand certiGUUtinn awstvcz and
<br />NEBRASKA - Single Family - Fannie Mae /Freddie Mac UNIFORM INSTRUMENT
<br />Farm o91 /a1
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<br />nc (4 aaF35a5 //11 Jjjdk'
<br />tFlarumnanxa Pages O113 Inoials'.j�_ I•V
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