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200508965
<br />origination or at any time during the term of the Loan, Lender may require that Community Association Dues, Fees, and
<br />Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments shall be an Escrow Item. Borrer shall
<br />promptly furnish to Lender all notices of amounts to be paid under this Section. Borrower shall pay Lender the Funds for
<br />Escrow Items unless Lender waives Borrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive
<br />Borrower's obligation to pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may only be in
<br />writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the amounts due for an Escrow
<br />Items for which payment of Funds has been waived by Lender and, if Lender requires, shall furnish to er receipts
<br />evidencing such payment within such time period as Lender may require. Borrower's obligation to make such payihents 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, suant to
<br />a waiver, and Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under Section 9 and
<br />pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such amount. Lower 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, 4pon such
<br />revocation, Borrower shall pay to Lender 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
<br />the time speed under RESPA, and (b) not to exceed the maximum amount a lender can require under RESPAh Lender
<br />shall estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditures of futu*e 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 entity
<br />(including Lender, if Lender is an institution whose deposits are so insured) or in any Federal Home Loan Bank; Lender
<br />shall apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender shall nit charge
<br />Borrower for holding and applying the Funds, annually analyzing the escrow account, or verifying the Escrow Itors, unless
<br />Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make such a charge.Jnless an
<br />agreement is made in writing or Applicable Law requires interest to be paid on the Funds, Lender shall not be requn ed to pay
<br />Borrower any interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest shall he
<br />paid on the 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 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 RE SP , Lender
<br />shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to a up the
<br />shortage in accordance with RESPA, but in no more than 12 monthly payments. If there is a deficiency of Fun held in
<br />escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Fender the
<br />amount necessary to make up the deficiency in accordance with RESPA, but in no more than12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly refund to Bo wer any
<br />Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributz
<br />Property which can attain priority over this Security Instrument, leasehold payments or ground rents on the Proper
<br />and Community Association Dues, Fees, and Assessments, if any. To the extent that these items are Escrow Items,
<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 Bar
<br />agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only
<br />Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of t
<br />legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while those procee
<br />pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreement sati:
<br />Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is si
<br />lien which can attain priority over this Security Instrument, Lender may give Borrower a notice identifying the he
<br />10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the action
<br />above in this Section 4.
<br />Loan No: 121760344
<br />Nebraska heed of Trust - Single Family - Fannie MaelFreddle Mae UNIFORM INSTRUM NT
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