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2oiooo52i <br />premiums, if any, or any sums payable by Borrower to Lereler in lieu of the payment of Mortgage <br />Ursurance premiurrn in accordance with the provisions of Section 10. These items are called "Escrow <br />Items." At origination or at any time during the term of the Loan, Lender may require that Community <br />Association Dues, Few, and Assessments, if any, be escrowed by Borrower, and such dues, fees and <br />assessments shall be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to <br />be paid under this Section. Boervwer shall pay Lerxler the Furxls for Escrow Items unless Lender waives <br />Borrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive Borrower's <br />obligation to pay to Lender Funds for any or all Escrow Itemv at any lime. Any such waiver may only be <br />in writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the amounts <br />due for any Escrow Iterns for which payment of Funds has been waived by Lender and, if Lender requires, <br />shall furnish to Lender receipts evidencing such payment within such time period as Lender may require. <br />Borrower's obligation to nral~e such paymerrts and to provide receipts shall for 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 in Section 9, if Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and <br />Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under Section 9 <br />and pay such amount and Borrower shall then be obligated ureter Section 9 to repay to Lender any such <br />amount. Lender may revoke the waiver as to any or all Escrow Items at any time by a notice given in <br />accordance with Section ~ 5 and, upon such revocation, Borrower shall pay to Lender all Funds, and in <br />such amounts, that are then required under this Section 3. <br />Lender may, at any time, collect arel hold k~mds in an amount (a) sufficient to permit Lender to apply <br />the Funds at the lime specified under RESPA, and (b) not to exceed lire maximum amount a lender can <br />require under RFSPA. Lender shall estimate 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 whose deposits are insured by a federal agency, <br />instrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insured) or in <br />any Federal Home Loan Bank Lender shall apply the Funds to pay the Escrow Items rro later than the time <br />specified antler RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually <br />analyzing the escrow account, or verifying the Escrow Items, unless Lerxler pays Borrower interest an the <br />Funds and Applicable Law permits Lender to make such a charge. LJnless an agreement is made 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 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, an annual accounting of We <br />Funds as required by RFSPA. <br />Jf there is a surplus of Funds held in escrow, as defined under ItF.SPA, Lender shall account to <br />Borrower for the excess funds in accordance wish ItF.SPA. Tf there is a shortage of Funds held in escrow, <br />as detrncd under 11>iASPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay b <br />Lender the amount necessary to make up the shortage in accordance with RE.SPA, but in no more than 12 <br />monthly paymer~s. If there is a defciency of Funds held in escrow, as defined under IZFSPA, Lender shall <br />notify Borrower as required by 1ZFSPA, and Borrower shall pay to Lender the amount necessary io make <br />up the 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 shall promptly refund <br />to Borrower any Funds held by Lerxier. <br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions <br />attributable to the Property which can attain priority over this Security Irrslnrment, leasehold paymerrts or <br />ground rents on the Property, if any, and (.onnnunity Association Dues, Fees, and Assessments, if any. To <br />the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3. <br />007121095467 Cit~ ort ~~.2.29.66 V3 <br />NEBRASKA -Single Fatuity -Fannie Mae/Freddie Mac UNIFa7HM INSTRUMENT WIT~~S <br />-6A(NE) losto) page s m is idt~i:: /~ Form 3D28 1101 <br />