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<br />premiums, if any, or any sums payable by Borrower to Lender in lieu of the payrrtent of Mortgage
<br />Iresttrarece premiums in accordance with the provisions of Section, I0. These Iteltl5 are called. "Escrow
<br />Items." At origination or at any time daring the term of the Lnan, bender may require that Community
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessments shall be an Escrow Item. Borrower shall promptly fitrnish to Lender al.l notices of amounts to
<br />be paid under this Section. Borrower shall pay Lender the funds for Escrow Items unless Lender waives
<br />Borrower's obligation to pay the Funds for any or all Iiscrow Items. Lender tray waive Borrower's
<br />obligation to pay to Lender Funds for any or all Escrow Iterrts at any time. Any such waiver may only be
<br />in writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the arnotmts
<br />due for any Escrow Items for which payment of Fttnds has been waived by Lender anei, if Lender requires,
<br />shall furnish to Lender receipts evidencing such payment wikhin such time period as Lendex may require.
<br />Borrower's obligation to make such payments and to provide receipts shall fo.r all purposes be deemed to
<br />be a covenant and agreement contained in this Security Instrument, as the phrase "covenant and agreement"
<br />is used ire Section 9. If Borrower is obligated to pay Escrow Items directly, ptusuant to a waiver, and
<br />Borrower fails to pay the amount due for an Escrow Item, .Gender may exercise its rights undex Section 9
<br />and pay such amount and Harrower shall then be obligated under Section 9 to repay to Lender any such
<br />amattnt. Lender may revoke the waiver as to any or all Escrow Items at any time by a notice given in
<br />accordance with Section 15 and, upon such revocation, Borrower shall pay to Lender ail Ftutds, and in
<br />such amounts, that are then required tinder this Section 3.
<br />Lender may, at any time, collect and hold Funds in an arnottnt (a) sufficient to pe.ttnit Lender to apply
<br />the Funds at the time specified under RESPA, and (b) not to exceed the maximtun arnnunt a .lender can,
<br />xequire under RESPA. Lender shall estimate the arnnunt of Funds due on the basis of current data and
<br />reasonable estimates of expenditures of future Escrow Iter.ns ar otherwise in accordance with Applicable
<br />Law.
<br />The Ftutds shall be held in an institution whose. deposits are ittsurcd try a federal agency,
<br />instrumentality, or entity (including Lender, if Lender is an institution whose deposits arc so insttreci) nr in
<br />any Federal Home Loan Bank. Lender shall apply the Funds I'o pay the Escrow Items rev later than the time
<br />specified under RESPA- Lender shall oat charge Borrower fvt holding anti applying the Funds, annually
<br />analyzing the escrow account, or Verifying the Escrow Items, tireless Lender pays Borrower interest on the
<br />Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is .trade in writing
<br />or Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower
<br />any interest or earnings on the Fttnds. Borrower and I,endcr can agree in writing, kaowever, that interest
<br />shall be paid on the Fttnds- Lender shall give to Borrower, without charge, an annual aceptmting of the
<br />Fonds as required by RESPA.
<br />If there is a surplus of Ftmds held in escrow, as clekined tinder RESl?A, Leander shall account to
<br />Borrower for the excess funds in accordance with It1~SPA. If there is a shortage of Funds held in escrow,
<br />as defined tutder RESPA, Lender shall notify Borrower as ruiuired by RESPA, and Borrower shall. pay to
<br />Lextder the amount necessary to make up the shortage in accordance with Rl~SPA, but in no more than 12
<br />monthly payments. If there is a deficiency of Ftmds held in escrow, as defined under 1tESPA, Lereder shall
<br />notify Borrower as required by RESPA, and Borrower shall pay to Lender the atnnunt necessary to make
<br />up the deficiency in accordance with RFSPA, but in no mare than 12 monthly paytnen.is.
<br />Upon paymeret in full of all sums secured by this Security Instntment, Lender shall promptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and itxtpvsitions
<br />attributable to the Property which can attain priority over (iris Security Instrument, leasehold payments or
<br />grattnd rents on the Property, if any, and Community Association Dues, Fecs, and Assessrtaents, if any. To
<br />the extent that these items are Escrow Items, Borrower shall Tray them in the manner provided in Section 3.
<br />NEBRASKA- Single Family -Fannie Mae/Freddie Mac UNIFgRM INSTRUMENT ///~~~,,,'''~~,
<br />-6(NE) toatt~ Pafla5of15 innisis: Form 3028 1/01
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