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200708432 450713325 and, upon such revocation, Borrower shall pay to Lendcr all Funds, and in such amounts, that are then required under this Section 3. Lender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds at the timc spccified under RESPA, and (b) not to exceed the maximum amount a lendcr can rcquire under RESPA. Lender shall estimate the amount of Funds duc on the basis of currcnt data and reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable Law. The Funds shall be held in an institution whose deposits are insured by a federal agcncy, instrumcntality, or cntity (including Lcndcr, if Lcndcr is an institution whose deposits are so insured) or in any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrowcr interest on thc Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing or Applicable Law requires interest to be paid on the Funds, Lendcr shall not be required to pay Borrower any interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest shall bc paid on the Funds. Lender shall give to Borrower, without charge, an annual accounting of the Funds as rcquired by RESPA. If there is a surplus of Funds held in escrow, as defined under RESPA, Lendcr shall account to Borrower for the exccss funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lcnder the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12 monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than 12 monthly payments. Upon payment in full of all sums sccured by this Security Instrument, Lender shall promptly refund to Borrower any Funds hcld by Lender. 4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to the Property which can attain priority ovcr this Sccurity Instrument, leasehold payments or ground rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3. Borrower shall promptly dischargc any lien which has priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of thc obligation secured by the lien in a manner acceptable to Lcnder, but only so long as Borrowcr is performing such agreement; (b) contests the licn in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the licn while thosc proccedings arc pending, but only until such proceedings arc concluded; or (c) securcs from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property Insurance. Borrower shall keep the improvements now cxisting or hereafter erected on the Property insurcd against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lendcr requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrowcr subjcct to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone dctermination, certification and tracking scrviccs; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be rcsponsible for thc payment of any fecs imposcd by the Fcderal Emergency Management Agency in conncction with the review of any flood zonc dctcrmination resulting from an objection by Borrower. If Borrowcr fails to maintain any of the coverages describcd abovc, Lcndcr may obtain insurance coveragc, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the Property, or the contents of thc Property, against any risk, hazard or liability and might provide greater or lesser covcrage than was prcviously in effect. Borrowcr acknowledgcs that thc cost of the insurance coverage so obtain cd might significantly exceed the cost of insurancc that Borrower could have obtained. Any amounts disburscd by Lender under this Section 5 shall become additional debt of Borrower NEBRASKA-- Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT ~ 338.25 Page 4 of 11 Form 3028 I/OI ~Ol