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If Lender receives
<br />to pay any late charge due,
<br />Periodic Payment is outuat
<br />Payments if, and to the exte .
<br />applied to the full payment,
<br />prepayments shall be appli
<br />shall not extend or postpone the due date, or
<br />3. Funds for Escrow Items. But
<br />until the Note is paid in full, a sum (the "Fun
<br />other items which can attain priority over thi
<br />payments or ground rents on the Property, if;
<br />and (d) Mortgage Insurance premiums, if an)
<br />Insurance premiums in accordance with the I
<br />or at any time during the term of the Loan, Le
<br />any, be escrowed by Borrower, and such dr
<br />famish to Iender all notices of amounts to be
<br />unless Lender waives Borrower's obligation
<br />obligation to pay to Lender Funds for nay or
<br />event of such waiver, Borrower shall gay dire
<br />payment of Funds has been waived by Lena
<br />change
<br />200209677
<br />for a delinquent Periodic Payment which includes a sufficirmism suns
<br />ed to the delinquent payment and the late charge. It more than one
<br />ty payment received from Borrower to the repayment of the Periodic
<br />e paid in full. To the extent that any excess exists after the payment is
<br />yments, such excess may, be app] ied to any late charges due. Voluntary
<br />charges and then as described in the Note.
<br />proceeds, or Miscellaneous Proceeds to principal due under the Now
<br />on
<br />,isions of Section 10. These items are called "Escrow Items." At origination
<br />r may require that Community Association Dues, Fees, and Assessments,if
<br />fees and assessments shall be an Escrow Item. Borrower shall promptly
<br />d under this Section. Borrower shall pay Under the Funds for Escrow Items
<br />pay the Funds for any m al I Escrow Items. Lender may waive Borrower's
<br />Escrow Items at anytime. Any such waiver may onlyy hem writing. in the
<br />y, when and where payable, the amounts due for any Escrowl[ems for which
<br />and, if Lender requires, shall famish to Lender receipts evidencing such
<br />ty require. Borrower's obligation no make such payments and to provide
<br />covenant and agreement contained in this Security Instrument, as the phrase
<br />"covenant and agreement" is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant in a waiver,
<br />and Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under Section 9 and pay such
<br />amount and Borrower shall then be obligated under Section 9 to repay to Lender any such amount. Lender may revoke the
<br />waiver as to any or all Escrow Items at any time by a mat
<br />Borrower shall pay to Lender all Funds, and in such am
<br />the time
<br />shall est
<br />Items or
<br />(a) sufficient to permit Lender to apply the Funds at
<br />amount a lender can require under RESPA. lender
<br />reasonable estimates ofe menditurrs offuture Escrow
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality, or emit yI
<br />(including Lender, if Lender is an institution whose deposits are so insured) or in anyy Federal Home Loan Bank. Iaender 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 Lender
<br />pays Borrower interest on the Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is
<br />made in writing or Applicable Law requires interest o be paid on the Funds, en
<br />Lder shall not be required m gay Borrower
<br />any interest or earnings on the Funds. Borrower and Under can agree in writing, however, that interest shall bepaid on the
<br />Funds. Lender shall give to Borrower, without charge, an annual accounting of the Finds as required by RESPA.
<br />If there is a surplus of Funds 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 of Funds held in escrow, as defined under RESPA, Lender
<br />shall notify Borrower as required by RESPA, and Borrower 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 Funds held in
<br />escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay wLender the
<br />amount necessary to make up the 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, lender shall promptlyrefund to Borrower any
<br />Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, asscssments, charges, fines, and impositions mtributabletothe
<br />Property which can attain priority over this Security Instrument, leasehold payments or ground rents on the Property, if any,
<br />and Community Association Dues, Fees, and Assessments, if any. To the extent that these items aeEscrow Items, Borrower
<br />shall pay them in the manner provided in Section 3.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a)
<br />agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as
<br />Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in,
<br />legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while those proceedings are
<br />pending, but only until such proceedings are concluded: or (c) secures from the holder of the lien an agreement satisfactory ro
<br />Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a
<br />lien which can attain priority over this Security Instrument, Lender ma give Borroweranotice identifying the lien. Within
<br />10 days of the date on which that notice is given, Borrower shall satisty the lien or take one or more of the actions set forth
<br />above in this Section 4.
<br />Lender may require Borrower to pay a one -time charge for a real estate tax verification and/or reporting service
<br />used by Lender in connection with this lean.
<br />5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property
<br />insured against loss by lure, hazards included within the term "extended coverage," and any other hazards including, but not
<br />limited to, earthquakes and floods, for which lender requires insurance. This insurance shall be maintained in the amounts
<br />(including deductible levels) and for the periods that Lender requires. What lender requires pursuant to the preceding
<br />sentences can change durinf the tent of the loan. The insurance carrier providing the insurance shall be chosen by
<br />Borrower subject to Lender s right to disapprove Borrower's choice, which right shall not be exercised unreasonably.
<br />Lender may require Borrower to pay, in connection with this Loan, either: (a) a one -time charge for flood zone
<br />determination, certification and tracking services: or (b) a one -time charge for flood zone determination and certification
<br />services and subsequent charges each time remappings or similar changes occur which reasonably might affect such
<br />determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal
<br />Emergency Management Agency in 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 any particular type or amount of
<br />coverage. Theref ore, such coverage shall cover lender, but might or might not protect Borrower, Borrower's equity in the
<br />Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage
<br />than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might sigmfican y
<br />exceed the nxtufinsurance that Borrower could have obtained. Any amounts disbursed by Lender under mis Section 5 shall
<br />become additional debt of Borrower secured by this Security Instrument. These amouiushall bear interest at the Note rate
<br />from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting
<br />payment.
<br />All insurance policies required by Lender and renewals such policies shall be subject to Lender's right to
<br />standard disapprove such policies, shall include a standard mortgage clause, and shall name lender as mortgagee and/or as o er an
<br />additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, foro Borrower
<br />shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance
<br />NEBRASKA - Single Family-- Fantde Maâś“Freddie Mac UNTFORM INSTRUMENT Form3028 1 /01(hoge3nfRpogr.,)
<br />9754.CV(lro2) GH797
<br />GOTO(amikS53)
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