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<br />200709769
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<br />for any or all Fscrow Items at any time. Any such waiver may only be in writing. In the event or
<br />such waiveL Borrower shall pay directly, when and where payable, the amounts due for any Escrow
<br />Items for whieh payment of Funds has been waived by Lender and, if Lender requires, shall furnish
<br />to Lender receipts evidencing such payment within such time period as Lender may require.
<br />Borrower's obligation to make such payments and to provide receipts shall for all purposes be
<br />deemed to be a 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
<br />directly, pursuant to a waiver, and Borrower fails to pay the amount due for an Escrow Item, Lender
<br />may exercise its rights under Section 9 and pay such amount and Borrower shall then be obligated
<br />under Section 9 to repay to Lender any such amount. Lender may revoke the waiver as to any or all
<br />Escrow Items at any time by a notice given in accordance with Section 15 and, upon such
<br />revocation, Borrower shall pay to Lender all Funds, and in such amounts, that are then required
<br />under this Section 3.
<br />Lender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender
<br />to apply the Funds at the time specified under RESP A, and (b) not to exceed the maximum amount a
<br />lender can require under RESP A. Lender shall estimate the amount of Funds due on the basis of
<br />current data and reasonable estimates of expenditures of future Escrow Items or otherwise in
<br />accordance with Applicable Law.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency,
<br />instrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insured)
<br />or in any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later
<br />than the time specified under RESP A. Lender shall not charge Borrower for holding and applying
<br />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.
<br />Unless an agreement is made in writing or Applicable Law requires interest to be paid on the Funds,
<br />Lender shall not be required to pay Borrower any interest or earnings on the Funds. Borrower and
<br />Lender can agree in writing, however, that interest shall be paid on the Funds. Lender shall give to
<br />Borrower, without charge, an annual accounting of the Funds as required by RESPA.
<br />Ifthere is a surplus of Funds held in escrow, as defined under RESP A, Lender shall account
<br />to Borrower for the excess funds in accordance with RESP A. Ifthere is a shortage of Funds held in
<br />escrow, as defined under RESP A, Lender shall notify Borrower as required by RESP A, and
<br />Borrower shall pay to Lender the amount necessary to make up the shortage in accordance with
<br />RESPA, butin no more than 12 monthly payments. Ifthere is a deficiency of Funds held in escrow,
<br />as defined under RESP A, Lender shall notify Borrower as required by RESP A, and Borrower shall
<br />pay to Lender the amount necessary to make up the deficiency in accordance with RESP A, but in no
<br />more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly
<br />refund to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and
<br />impositions attributable to the Property which can attain priority over this Security Instrument,
<br />leasehold payments or ground rents on the Property, if any, and Community Association Dues, Fees,
<br />and Assessments, if any. To the extent that these items are Escrow Items, Borrower shall pay them
<br />in the manner provided in Section 3.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument
<br />unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a
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<br />NEBRASKA--Single Family--Fannie MaelFreddie Mac UNIFORM INSTRUMENT
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