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201004976 I The Funds shall be held in an institution whose deposits are :insured by a federal agency, instrumentality. or. entity (including Lender, if Lender is an institution whose deposits are so insured) or in any Federal Horne Loan Bank, Lender shall apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing or Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay. Borrower any interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest shall be paid on the :Funds. Lender shall givc'to Borrower, without charge, an annual accounting of the Funds as required by RESPA. -If there is a surplus, of, Funds: held in escrow, as defined under! RESPA;'Lender shall account to Borrower for-the excess I 4 ' funds in accordance : with RESPA: If there is a shortage of Funds :held in eseroaas defined under RE:SPA, Centex .shall notify Borrower.as required by RESPA,.and Borrower shall pay to Lender the amount necessary to in*:up•the shortage in accordance with RESPA, but in no more than 1:2 monthly payments. If, there ,is a deficiency of Funds. held in escrow, as defined.... . under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no-more than 12 monthly payments. Upon payment in full 'of all sums secured by tWs Security dnstrument;- Lender shall promptly refund to. Borrower any , Funds held by Lender. i 4. Charges; Liens. Borrower shall pay alltaxes, assessments, charges, fines, and impositions attributable to the Property which can attain 'priority over this -Security Instrument,, leasehold.•payments or ground rents ' on,the .Property,. if- any, and Community Association Dues, Fees,' and Assessments,' if any. To the Went that these items are Escrow Items,.Borrower.sball pay them in the manner provided in Section 3. i Borrower shall promptly discharge any lien which lias priorityover'this Security Instrument unless- Borrower: (a) agrees in 'writing to''the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as.Borrower is performing such agreement; (b) contests the lien in good faith by,, or, defends against enforcement of the lien. in, legal proceedings which in-Lender's opinion operate to prevent the enforcement of the lien while those proceedings are-pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which I can attain priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with thus Loan. 5. Property,'ksurance, Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by. fire, hazards' included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including. deductible levels) and for the periods that Lender requires. What. Lender requires pursuant to, the-preceding sentences can thane durin 'the term of the Loan The insurance carrier providing-the insurance shall be chosen b Borrower subject to Lender's right to disapprove Borrower's choice,'whichright shall not be•exercised unreasonably. Lender may require. Borrower j to pay, in connection with this Loan either: (a) a one-time charge for flood zone determination, .certification and tracking services; or (b)' a one-thine charge for flood zone determination and certification services and subsequent charges each time ` remappings or similar changes - occur which. reasonably might affect such determination or certification. Borrower shall also be i responsible for the payment of any fees imposed by the Federal Emergency Management Agency.. in connection witlr the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Leader's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. i NEBRASKA - Single Family - Fannie Mae/Freddie Mao UNIFORM INSTRUMENT ~~8(NE) (0811) raga solo mnieis: Form 3028 7101 DDS-NE9 i ~ 111111 III IIIII III~II IIII ~~I II~N illy IIIII IIN ~ OD00NE9622306 . I I