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20U9U944'7
<br />premiu-ns, if any, or any sums payable liy Borrower to Lender in lieu of the payment of Ma.rtgage
<br />Insurance prenuums in accordance with the provisions of Scx:Cion lq. These items are called "Escrow
<br />Ite-ns." At origination or at any tithe during the term of the Loan, .Lender -nay require that Cammtuiity
<br />Association Dues, Fuss, and Assessments, if any, be escrawed by Horrower, and such dues, fees atul
<br />assessments shall be an Escraw Ite-rt. Barrawer shall promptly furnish to Lender all notices of amounts to
<br />be paid under this Scotian. Harrower shall pay Lender the Funds for Escrow Items unless Lender waives
<br />Borrower's obligation to pay the Funds for any or all lsc,raw Items. Lender may waive Harrawcr's
<br />obligation to pay to Lender Funds for any ar all Escrow Items at any time. Any such waiver may only be
<br />in writing. In the event of such waiver, Barrawer shall pay directly, when and where payable, the amounts
<br />due far any Escrow Ite-ns far which pay-nent of Funds has been waived by Lender and, if Lender requires,
<br />shall furnish to Lender rcx;eipts evidencing such payment within such time period as Lender may require.
<br />Horrower's obligation to -nakc such payments a-id to provide receipts shall for all purposes be deetl-ted to
<br />be a covenant. and agreement contained in this 5c~urity Instrument, as the phrase "covenant and agreement"
<br />is used in Section 9. If Iorrower is obl.igatui to pay Escrow Iten-ts directly, pttrsua-1t to a waiver, and
<br />Barrawer tails to pay the a-naunt clue for an Escrow Item, Lender tray exercise its rights under Section 9
<br />and pay such amount and Borrower shall then be abligatui under Seclian 9 to repay to Lender any such
<br />amount. Lender may revoke the waiver as to any or all Escraw Items at any time by a notice given in
<br />accorclarice with Section 15 and, upon such revocation, Borrower shall pay to Lender all Funds, and in
<br />such amaunts, that are then requirt~ci under this Section 3.
<br />Lender may, at any time, collect anal hold Funds in an amount (a) sufficient to permit .Lender to apply
<br />the Funds at the time specified under RESPA, and (b) not to exceed the maximum amount a lcncier can
<br />require tinder RESPA. Lender shall esti-natc the amount of Funds due on the basis of current data and
<br />reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable
<br />Law.
<br />The Funds shall be held in an institution whale deposits are insured by a federal agency,
<br />instrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insured) ar in
<br />any Fuleral Ilome Loan I3ank. Lcndcr shall apply the Funds to pay the Escrow Ite-rils no later than the tithe
<br />specified under RESPA. Lcndcr shall nat. charge Borrower for holding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Barrawer interest on the
<br />Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing
<br />ar .Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Barrawer
<br />any interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest
<br />shall be paid on the Funds. Lender shall give to Borrower, without charge, a-t annual accounting of the
<br />Funds as reyuireci by RESPA.
<br />If there is a stu•phts of Funds held in escrow, as deCnccl under .RES.PA, Lender shall account to
<br />Harrower f'or the excess funds in accordance with RESPA. If there is a shortage of Funds held. in escrow,
<br />as defined antler RF.,SP.A, Lender shall notify Bor.rowc~r as rcqui.rul by RESPA, and Borrower shall pay to
<br />Lender the amount necessary to make up the shortage in accordance with RESPA, but in na tmore than 12
<br />monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Horrowcr as re~cluired by RESPA, and Harrower shall pay w Lender the amount necessary to make
<br />up the deficiency in accordance with RESPA, but in no mare than 12 monthly payments.
<br />Upon payment in full of all sums sE~curcxi by this Security Instrument, Lender shall promptly refund
<br />to Horrower any Funds held by Lcndcr.
<br />4. Charges; Llens. Borrower shall pay all taxes, assessments, charges, tines, and. impositions
<br />attributable to the Property which can attain priority aver this Sc~urity Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escraw hems, Horrawer shall pay them in the manner provided in Section 3.
<br />88t)Q74S2t)l) 884074520(]
<br />NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFQRM INSTRUMENT WITH MERS
<br />-6A(NE) iosiol Page 5 of 15 ~nluals: Form 3028 1/(11
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