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receives
<br />fire due,
<br />prepayments
<br />shall not extend or postpone the due date, or
<br />3. Funds for Escrow Items. Bar
<br />writ the Now is paid in full, a swn (die" "I'm
<br />other items which can attain priority over flu
<br />200209160
<br />w a delinquent Periodic Payment which includes a sufficient amount
<br />1 to the delinquent ppayment aid die late charge, If more Chun one
<br />payment received frum Borrower t" the repayment of the Periodic
<br />paid m fi ll. To the extent that any excess exists after the pa its
<br />seats, such excess may be applied to any late charges due, oV 11.wry
<br />Periodic Payments.
<br />on the day Periodic Payments are
<br />it ofanomts due for. (a) taxes at
<br />under the Note
<br />or at any lime during the lcrin ofihc Toav, Lender may require Ihnl Community Association Dues, Fees, and Assessments, S
<br />any, be escrowed by ➢orrower, and such does, fees and assessments shall be an Escrow Item Borrower shall promptly
<br />fianish to Leader all notices of amounts to be paid under this Section Benowershall paylsaleadwFundsforEscmwlterns
<br />unlcaa f.endar waives Rnmower'a obligation to ay the Funds for any or all Escrow Items_ Lcndcr may waivo Borrower's
<br />obligation to pay to Lender Funds for any or all Escrow I[mhs at any time. Any such waiver may only be in wrning. In the
<br />evrnl of such waiver, Romuwa shall pay directly, when and where payable, the am"mis due for any auw IRms fur which
<br />payment of Funds has been waived y Lender and, if Lender requires, shall furnish to Lender receipts evidencing such
<br />paynleut within such time period as Lender nmy require. Bortower's obligation to make such payments and to provide
<br />..Icasshall for all purposes be dcemcd In be a covenant and ag�ecment ...Wit al in this Security Instrument, as the phrase
<br />"covenant and agreement" is used in Section 9. If➢orrower is obligated to pay Escrow Items dnectly, pursuant to a waiver,
<br />and Borrower fads to pay Ure mnomI due for I Escrow Item, Lender may exercise its ri¢hLaunder Section 9 and pay such
<br />amount and Borrower shall then be obligated ender Section 9 to repay to Louder any such amount. Lcndcr may revoke the
<br />waiver as to an or all Escrow Items at any time by a notice given in accordance with Section 15 and, upon such revocation,
<br />Burrower shall pay to Lcvdcx all Finds, acrd or such arzmmis, Ural are therm required inset this Section 3.
<br />Lender may, at anyy time, collect and hold Funds in an amount (a) snf£mient to permit Lender to apppplyy the Funds at
<br />tire lime specified under RESPA, and (b) not to exceed the maximum amount a lender can require wider RESPA. Lender
<br />shall estimate the amount of Funds due on the basis of current data and reasonable estimates ufexpendiames of future Escrow
<br />Items or otherwise in accordance with Applicable Law.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality, or chnZ
<br />(includingg an Lender, if Lender is av iustinrtiov whose deposits are so insured) orin anyFederal t tome Loan Bank. Lendershall
<br />apply the Funds to pay die Escrow Items no later th to tittle specified wider RESPA. Lender shall not charge Borrower
<br />for holding and applying the Funds, annually analysing the escrow account, or verifying the Escrow Items, unless Leader
<br />pays Borrower interest on the Funds and Applicable Law its Lender to make such a charge. Unless an agreement is
<br />mrde in writing ur Applicable Law requires interest to be paid on die Funds, Leader shall not be required to ppay Bon'ower
<br />any interest or eammgsonthe Funds_Bnrtnwer and Lcndcr can agree in wri ting, however, that interest shall be paid on the
<br />Funds. Lender shall give to Borrower, without char e, an annual accomtingg of the Funds as required by 'S A.
<br />If there is a surplus of Funds held in escrow, as defined undo RESPA, Lender shall account to Roirowe for the
<br />excess its in accordance with RESPA. If there is a shortage of funds, held in escrow, as defined under RESPA, Lender
<br />shall notify Borrower as required by RESPA, and Burrower shall pay to Lender the amount necessary to make up the
<br />shortage in accordance with RESPA, but in no more than 12 monthly payments. If there is a deficiency of Finds held in
<br />escrow, as defined order RESPA, Lender shall notify Borrower as reqquires by RE SPA, and Borrower shall pay to Lender the
<br />amount necessary to make up the deficiency in accordance with RESPA, but in no more fran 12 montlily payments.
<br />IIlion payment in full of all sums secured by this Security Instrument, Lender shall promptly refired to Burrower any
<br />Finds held by Lender.
<br />J. Charges; Liens. Rorrower.ehall pay all taxes, assessments, charges, lines, and impositions attributable Lathe
<br />Property which cm attain priority over this Security Instrument, leasehold payments or ground rats on die Property, if any,
<br />and Community Association Duren, Fees, and Assessments, if any To the extent that these itemsare Escmwitems ,Borrower
<br />shall pay there in the manner provided in Section 3.
<br />Borrower shall promptly discharge any lion which has priority over this Security Instrument unless Rnrrower' (a)
<br />agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so logg as
<br />Bort"wer us performing such agreement; (b) contests We lien in goad faith by, or defends against color cement of the hen iq
<br />In proceedings which in fender's -p men operate to prevent the enforcement of the hen while those proceedings are
<br />pending but only until such proceedings are concluded; or (c) secures from the holder ofthe lien an agreemen satisfactory to
<br />Lender subordinating Ure lien to tNs Secwlty In ourenl. I L L ender dchainiLies is, any part "f lee Properly Is subjcul w a
<br />lien which can attain pnority overfly Security Instrument, Lendermav give ➢ortoweranotice idedL7ingthe lien. Within
<br />10 days of the date on which thil notice is given, Borrower shall salisfp are lien at take one or Lore of the actions set forth
<br />Lender may require Borrower to pay cone-tune charge for a real estate tax verification and/or reporting service
<br />used by Lender in connection with this Loan.
<br />5. Property Insurance. Borrower shall keep the unprovemenls now existing w hereafter erected on doe Property
<br />insured against loss by file, hazards included within the term' extended coverage," and any other hazards including, but not
<br />limited W, earthquakes mid floods, for which Lender requires insur mace. This insman« shall be maintained w the amomly
<br />(including deductible levels) and for the penods that Lender requires. What Lender requires pursuant to the preceding
<br />sentences can change during the tern of lie Loan The insurance carrier providing die insurance shall be chosen by
<br />Borrower subject to Lender s right to disapprove Borrower's choice, which right shall not he exercised unreasonably.
<br />Lender may require Borrower to ppay, in connection with this Loan, either' (a) a one -time charge for flood zone
<br />determination, certification and tracking services, or (b) a ono-Lime charge for Oared zone determination and certification
<br />services and subsequent charges each time remappings or similar changes occur which reasonably no I affect such
<br />determination or certification. Burrower shall alm) be responsible for the payment Litany Ices imposed y the Federal
<br />Emergency Management Agency w connection with the review of any flood zone determination resulting 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 and Borrower's expense. Lender is under no obligation to purchase nmy particular type or anoint of
<br />coverage. Therefore, sudr coverage shall costs Lcmdn, but might nr might not prons" orower,Rmm�wer's egmly in the
<br />Property, or the contents of the Property, against any risk, hazard of liabtity and might provide greater or lesser coverage
<br />than was In"ro slymclfa:t Borrower acknowledges that the cost of the insurance coverage mobtamedmight significancy
<br />exceed tie cost ofinsurance that Borrower could have obmined. My anoints dnsbw'sed by Lender mderthis SecUOn 5 shat
<br />become addituunot it bl "fR "rrowcr" it by lfisScc it yInstrument These amnunls shall hear interest at the Note rate
<br />from the date of d sbersamd and shall be payable, with such interest, upon notice from Lender to Borrower requesting
<br />payment.
<br />All insurance policies re raved by Lender and renewals of such policies shall be subject to Lender's right to
<br />disapprove such policies, shall include a sta laid wortggage clause, and shall amne Lender ba mortgage, and/or as an
<br />additional losspaym, Lender shall have the right to hold the policies and renewal certificates If Lenderrequires,Bearower
<br />shall promptly give to Lender all receipts of paid prennimns and renewal notices. IfBmrnwerobtains any form of insmace
<br />NEBRASKA - Single Funnily —Fmnie MxdFreddie Mir UNIFORM INSTRUMENT Fum,3028 1101 (puye 3 fFpayee9
<br />97YCV(1 /02) I57&W
<br />GQI'(XO 2o'a)
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