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200908793
<br />term of the Loan, Lender may require that Community Association Dues, Fees, and Assessments, if any, be
<br />escrowed by Borrower, and such dues, fees and assessments shall be an Escrow Item. Harrower shall
<br />promptlyfumish to Lender all notices of amounts to be paid underthis Section. Borrowershall pay Lenderthe
<br />Funds far Escrow Items unless Lender waives Borrower's obligation to pay the Funds for any nr all Escrow
<br />Items. Lender may waive Borrower's obligation to pay to Lender Funds far any or all Escrow Items at anytime.
<br />Any such waiver may only be in writing. In the event of such waiver, Harrower shall pay directly, when and
<br />where payable, the amounts due far any Escrow Items for which payment of Funds has been waived by Lender
<br />and, if lender requires, shall furnish to Lender receipts evidencing such payment within such time period as
<br />Lender may require. Borrower's nbfigation to make such payments and to provide receipts shall fora(I purposes
<br />be deemed to be a covenant and agreement contained in this Security Instrument, as the phrase "covenant and
<br />agreement" is used in Section 9. If Borraweris obligated to pay Escrow Items directly, pursuant to awaiver, and
<br />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 Harrower shall then be obligated under Section 9 to repay to Lender any such amount.
<br />Lender may revoke the waiver as to any or a!1 Escrow Items at any time by a notice given in accordance with
<br />Section 15 and, upon such revocation, Harrower shall pay to Lender all Funds, and in such amounts, that are
<br />then required underthis Section 3.
<br />Lender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply
<br />the Funds at the #ime specified under RESPA, and (b) oat to exceed the rna~amum amount a lender can require
<br />under RESPA. Lender shall estimate the amount of Funds due vn the basis of current data and reasonable
<br />estimates of 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,
<br />instrumentality, nr entity (including Lender, if Lender is an institution whose deposits are so insured) ar in any
<br />Federal biome Loan Hank. Lender shall apply the Funds to pay the Escrow Items no later than the time
<br />specified under RESPA. Lender shall not charge Borrower for balding and applying the Funds, annually
<br />analyzing the escrow account, ar verifying the Escrow Items, unless Lender pays Harrower in#erest on the
<br />Funds and Applicable law permits lender to make such a charge. Unless an agreement is made in writing ar
<br />Applicable Law requires interest to be paid on the Funds, lender shall oat be required to pay Borrower any
<br />interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest shall be
<br />paid on the Funds. Lender shall give to Harrower, without charge, an annual accounting of the Funds as
<br />required by RESPA.
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to
<br />Harrower for the excess funds in accordance with RESPA. if there is a shortage of Funds held in. escrow, as
<br />defined under RESPA, Lendershall notify Bnrroweras required by RESPA, and Bnrrowershall payto Lender
<br />the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12 monthly
<br />payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notify
<br />Borrower as required by RESPA, and Borrower shaft pay to Lender the amount necessary to make up the
<br />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 steal! promptly refund to
<br />Harrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shaft pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Property which can attain priority overthis Security Instrument, leasehold payments orground
<br />rents on the Property, if any, and CommunityAssociation Cues, Fees, and Assessments, if any_ Tothe extent
<br />that these items are Escrow Items, Harrower shall pay them in the manner provided in Section 3. Harrower
<br />shall promptly discharge any lien which has priority averthis Security Instrument unless Borrower: (a) agrees in
<br />writing to the payment of the obligation secured bythe lien in a manner acceptable to Lender, but only so long
<br />as Borrower is perfom~ing such agreement; (b) contests the lien in good faith by, or defends against
<br />enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of
<br />the lien while those proceedings are pending, but only until such proceedings are concluded; ar (c) secures
<br />from the holder of the lien an agreeement satisfactory to Lender subordinating the lien to this Security
<br />Instrument. If Lender determines that any part of the Property is subject to a lien which can attain priority over
<br />this Security Instnament, Lender may give Borrower a notice identifying the lien. Within'! 4 days of the date nn
<br />which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this
<br />Section 4.
<br />lender may require Borrower to pay acne-time charge for a real estate taxverification andlor reporting
<br />service used by Lender in connection with this Loan.
<br />NF~iRA3fCA-.5ingla ~'emNy--Fannie Mae/Freddie Man UNIFORAA INSTRUMENT (Page 4 of S2)
<br />Nebraska Deed of Trust 80~
<br />NE_ OOT 01!01
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