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201003888
<br />premiurns, if any, or any sutras Payable by Borrower In Under in lieu of the payrncnt of Mortgage
<br />I~tsttrancc pretniuYYts in accordance with t1Ye provisions of Section 10. 'These items arc called "Iiscrow
<br />Items." At nriginatiun or at any time during the term of the Lnan, Lender tray require that Community
<br />Association DCres, l~ccs, and Assessments, if any, he escrowed by Borrower, and such dues, fees and
<br />assessments shstll be an Escrow item. Borrower shall promptly furnish to Lender all notices of amounts to
<br />be paid undcr• this Section. Borrower shall pay Lender the Funds for 1?scmw Items unless Lender waives
<br />Borrower's obli~;atian to pay the Funds for any or all Escrow Items. Lender may waive $orrower's
<br />ohligation to pay to Lcndcr 1"ands for any or all iacrow Items at any time. Any such waiver tray only be
<br />in Wt'itlttp,. In t11C CVCnt Of 61.tch Waiver, Borrower shall pay directly, when and where payable, the amounts
<br />dttc for any )escrow Items for which payrncnt of Funds has been. waived by Lcndcr and, if LcYYdcr requires,
<br />shall furnish to Lender receipts evidencing such payrncnt within such tithe period as Lcndcr .may require.
<br />Borraw~''s obliuation to tnakc such payments and to provide receipts shall for all purposes be deemed to
<br />be a covena.ttt anti agrcetnenl contained in this Security Instnunent, as the phrase "covenant and agreement"
<br />is usul in Section 9. if T3orrnwcr 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 Ynay exercise its rights under Section 9
<br />and pay such amount. and Borrower stroll then be obligated tandcr 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 wtth Section l5 and, upon such revocation, Borrower shall pay to Lcndcr all funds, and in
<br />such amounts, that are then rcquircd under this Section 3.
<br />LeYYder Ynay, at any time, collect and hold Funds in an amount (a) sul~icient to perYnit Lender to apply
<br />the I'11t1d5 at the time specified under ROSPA, and (b) not to exceed the tnaxitnuYn amount a lender can
<br />require under 1tt:SPA. Lender shall. estimate the amount of FYYnds due on the basis of current data and
<br />reasonable estintalcs of expendit.trres of future I3scrow Items or otlYCrwisc iYY accordance With Applicable
<br />Law.
<br />The Funds shall be held itt an institution whose deposits arc insured by a federal agency,
<br />instrumentality, nr entity (including Lcndcr, if Lender is an institution whose deposits are so insured) or in
<br />a.ny federal Home Loan Bank. Lender shall apply tlYC Funds to pay the 1~scrow Items u.a later than the time
<br />speCllied unCler RTsSPA. Lcndcr shall not charge Burrower fur hulling and applying the Funds, annually
<br />analyxlnl; the Cti4ruw aCGDUnt, or verifying the Escrow Items, unless Lender pays Borrower interest on the
<br />Feuds and Applicable LuW pcrrnits Lcndcr to tttakc such a charge. Unless an agreement is made in writing
<br />or Applicable L<Yw requites itttcrest to be paid nn rite funds, Lcndcr shall not he rcquircd to pay Borrower
<br />any interest or earnings on the Funds. $urruwer and LCxYder can agree in writing, however, that interest
<br />shall be paid on rite Funds. Lcndcr shall give to Borrower, Without charge, an annual accounting of the
<br />fund:; as rcquircd by RI:SPA.
<br />1.1' there is a surplus of t~ttnds held in escrow, as defined tinder RESPA, Lcndcr shall account to
<br />Burrower for the excess hands in accordance with R.ESPA. if there is a shortage of Funds held in escrow,
<br />as detincd under RI;SPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to
<br />Lender the urnurtrYt tteccssary to rnake up the shortage in accordance with R.iJSPA, but in no more than 12
<br />tnontllly paytncnr5_ If there is a dcticicncy of funds .held in escrow, as defined under RESPA, Lender shall
<br />noi'ify Borrower as required by IZESPA, and Borrower shall pay to Under 11Ye amount necessary to make
<br />up the deficiency in accordance wil.h RESPA, but in no tttrore than 12 monthly payments-
<br />L1pon payment in full al' all scans secured by this Security Ittstnnnent, Lcndcr shall promptly refund
<br />to Borrower YYUy funds held by Lcndcr.
<br />4. Chat•l;c:;; .laicns_ Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Property which can attain. priority over this Security InslruYnent, leasehold payments or
<br />ground rents nrr I he Property, if any, and Cntn.mtutity Association Dues, Fees, and Assesstn.ents, if any. '1'0
<br />the extent that these itcrns arc i'sscrow Items, Borrower shall pay them in the tuauncr provided in Section 3.
<br />NEBRASKA- Single Family -Fannie Mae/Freddis Mac UNIFORM INSTRUMENT ~,
<br />-6(NE) toa~~~ pave b of 16 i~~uaia: ~ ~ J Form 30213 1/01
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