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RE- RECOFDED 2 0 0 21311 O
<br />200214696
<br />Items for which payment of Funds has horn waived by Lender and, it Lender requires, shall furnish to Leader receipts
<br />evidencing such payment within such time period as Lender may requires Borrower's obligation to make such payments and
<br />to provide receipts shall for all purposes be deemed to be a covenant and agreement contained in this Security Instrument, as
<br />the phrase "covenant and agreement" is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to
<br />a waiver, and Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under Section 9 mid
<br />pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such amount. Lender may
<br />revoke the waiver as to any or all Escrow Items at any time by a notice given in accordance with Section 15 and, upon such
<br />revocation, Borrower shall pay to Leader all Funds, and in such amounts, that are then required under this Section 3.
<br />Lender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds at the
<br />time specified under RESPA, and (b) not to exceed the maximum amount a lender can require under RESPA. lender shall
<br />estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditures of figure Escrow
<br />Items or otherwise in accord.. with Applicable Law.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality, or entity
<br />(including Leader, if Lender is an institution whose deposits are s, insured) or in any Federal Home Loan Bank Lender shall
<br />apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender shall not charge Borrower for
<br />holding and applying the Funds, annually analyzing the escrow account, or verifying the Escrow Items, unless Lender pays
<br />Borrower interest on the Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in
<br />writing or Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower any interest
<br />or eamings on the Funds. Burrower and Lender can agree in writing, however, that interest shall be paid an the Funds.
<br />Lender shall give to Borrower, without charge, an auroral accounting of the Funds 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 excess
<br />funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Borrower as required by RESPA, and Burrower shall pay to Lender the amount necessary to make up the shortage in
<br />accordance with RESPA, but in no more than 12 monthly payments. If there is a deficiency of Funds held in escrow, as
<br />defined under RESPA, Lcndcr shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount
<br />necessary to [Hake 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 promptly retinal to Borrower any
<br />Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to the
<br />Property which can attain priority over this Security Instrumment, leasehold payments or ground rents on the Property, if any,
<br />and Community Association Dues, Pees, and Assessments, if any. To the extent that these items are Escrow 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) agrees
<br />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 detends against enforcement of the lien m,
<br />legal proceedings which in Lender's opinion operate to prevent the enforcement (if the lien while those proceedings are
<br />pending, but only until such proccalings are concluded', or (c) secures from the holder of the lien an agreement satisfactory to
<br />Linder subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a
<br />Jim which can auxin priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. Within
<br />10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions act 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 used by
<br />Lender in comienon with this Loan.
<br />S. Property insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property
<br />trained against loss by fire, hazards included within the tern "extended coverage," and any other hazards including, but not
<br />limited tin, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts
<br />(including deductible levels) mid for the periods that Lender requires. What Lender requires pursuant to the prccLxding
<br />sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower
<br />subject to Lender's right to disapprove Borrower's choice , which right shall not be exercised wreasonably. Leader may
<br />require Borrower to pay, in connection with this Low, either: (a) a me time charge for flood zone determination,
<br />certification and tracking services; or (b) a one -time chuge for flood zone determination and certification services and
<br />subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or
<br />certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management
<br />Agency in connection with the review of any flood zone determination resulting from an objection by Borrower.
<br />NEBRASKA — Single Family — Famle MadFreddle Mae UNIFl1RM INSTRUMENT Form 3011 Im
<br />UFARANn 1
<br />ITEM 1015L<N0111 (Paga4o(ll pagertf ro ONer CaIL 1- BOOi0099930Fae 61 Si91 -I 131
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