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200906592
<br />Lender may exercise its rights under Section 9 and pay such amount and Borrower shall than be obligated under
<br />Section 9 to repay to Lender any such amount. Lender may revoke the waiver as to any or all Esoraw Items at any
<br />time by a notice given in accordance with Section 15 and, upon such revocation, Borrower shall pay to Lender all
<br />Funds, and in such amounts, that are then required under this Section 3.
<br />Lender may, at any time, called and hold Funds in an amount (a) sufficient to permit Lender to apply the
<br />Funds at the time specified under 1tESFA, and (b) not to'exceed the maximum amount a lender can require under
<br />1tESFA. Lender shall estimate the amount of Funds due on the basis of current data and reasonable estimates of
<br />expenditures of future Escrow 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
<br />entity (including Lander, if Lender is an institution whose deposits are so insured) or in any Federal I-lome Loan
<br />Bank. Lander shall apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender
<br />shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or verifying
<br />the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make
<br />such a charge. 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 Lender can agree
<br />in writing, however, that interest shall be paid on the Funds. Lender shall give to Borrower, without charge, an
<br />annual accounting of the Funds as required by IiESFA.
<br />Tf there is a surplus of Funds held in escrow, as defined under 1ZESPA, Lander shall account to Borrower for
<br />the excess funds in accordance with ItESFA. If there is a shortage of Funds held in escrow, as defined under
<br />1tESPA, Lander shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount
<br />necessary to make up the shortage in accordance with RESPA, but in no more than 12 monthly payments. If there is
<br />a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA,
<br />and Borrower shall pay to Lender the amoutrt necessary to make up the deficiency in accordance with 1tESAA, but in
<br />nn more than12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly refund to
<br />Borrower any Funds bald by Lender.
<br />4. .Charges; Lieas. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payments or ground
<br />rants on the Property, if arty, and Community Association Dues, Fees, and Assessments, if any. To the extent that
<br />these items are Escrow Items, Borrower shall pay thorn in the manner provided in Section 3.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless
<br />Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to
<br />Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends
<br />against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement
<br />of the lien while those proceedings era pending, but only until such proceedings are concluded; or (c) secures from
<br />the holder of the lien an agreement satisfactory to Lander subordinating the lien to this Security Instrument. If
<br />Lender determines that any part of the Property is subject to a lien which can attain priority over this Security
<br />Instrument, Lender may give Borrower a notice identifying the lien, Within 10 days of the date on which that notice
<br />is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4.
<br />Lender may require Borrower to pay a onetime charge for a real estate tax verification and/or reporting
<br />service used by Lander in connection with this Loan.
<br />5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the
<br />Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards
<br />including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be
<br />maintained in the amounts (including deductible levels) and far the periods that Lander requires. What Lender
<br />requires pursuant to the preceding sentences can change during the term of the Laan. The insurance carrier
<br />providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice,
<br />which right shall not be exercised unreasonably. Lender may require Harrower to pay, in connection with this Loan,
<br />Nebraska I1ecd of7}ost~ingle Family-Fanuk Maell+reddie Mac IIaiform Iuatrnmept Form 30Z$ I/Ol
<br />MERS Modlfled
<br />The Compliance Source, Inc. Page 5 of t4 Madifled by Compliance Source t43DINE D8/00 Rev. 04/08
<br />www compliancesoarce.com 1.120pD, The Compliance Source, Inc.
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