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201006053 premiums, if any, or any sums payable by &rrrower to Lender in lieu of the payment of Mortgage Insurance premiums in aacardance with the provisions of Section lp. These Items are called "Escrow Items." At nrlgination or at arty time during the terns of the Loan, Lender may require that Community Assaclatinn Dues. Fees, and Assessments, if any. be escrowed by Borrower, and such dues, fees and assessments shall be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives Harrawer's obligation to pay the Funds for any or all Escrow Items. Lender may waive Horrower's obligation to pay to Lender Funds for arty or all Escrow Items at any time. Any such waiver may only he in writing. In the event of such waiver. Borrower shall pay directly. when and where payable. the amounts due for any Escxow Items far which payment of Funds has been waived by Lender and, if Lender requires, shall furnish to Lender receipts evidencing such payment within such time period as Lender may require. Borrower's obligation to make such payments and to provide receipts shall for all purposes be deemed w be a covenant and agreement contained In [his Security Instrument, as the phrase "covenant and agreement" is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and Borrower fails to pay the amount due far an Escrow Item, Lender may exercise its rights under Serxion 9 and pay such amount and Borrower shall then be obligated under Seaton 3 to repay to Lender any such amount. Lender tray revoke the waiver as to any ar a11.Escrow Items at arty time by a notice given in accordance with Section 15 and, upon such revocation, Harrower shall pay to Lender all Funds, and in such amounts, that are then required under this Section 3. Lender may, at any time, collect and hold Funds in an amount (a} sufficient to permit Lender to apply the Funds at the time specified under RESPA, and (b} oat to exceed the maximum amount a lender can require under RESPA. Lender shall estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditures of future ,Escrow Items or otherwise in accordance with.Applicable Law. The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality. or enEity (including Lender, iF Lender is an institution whale deposits are so insured} or in any Federal Home Loan Bank. Leader shall apply the Funds to pay the ]?scrow Items no later titan the time specified under RESPA. Lender shall not charge Harrower for holding and applying the Funds, annually analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest nn the Funds and Applicable Law permits Tender to make such a charge. Unless an agreement is made in writing ar Applicable Law requires interest to be paid nn the Funds. Lender shall not be required to pay Borrower any Interest ar earnings on the Funds. Borrower and Lender can agree in writing. however. that interest shall be paid on the Funds. Lender shall give to &trrower, without charge, an arutual accounting of the Funds as required by RESPA. If there is a surplus of Funds held in escxow, as defined under RESPA, Lender shall account to Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow. as defined under RESPA, Tender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more than l2 monthly payments. If there is a defdency of Funds held in escrow, as defined under RESPA. Lender shall notify Harrower as required by RESPA, and Harrower shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in na more than 12 monthly payments. Upon payment in full of all sums secured by this Security Instrument, Lander shall promptly refund to Borrower any Funds held by Lender. 4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impasldans attributable to the Property which can attain priority over this Security Instrument, leasehold payments nr ground rents on the Property, if any, and Community Association Dues. Fees. and Assessments, If any. Ta the extent that these items are Escrow Items. Harrower shall pay them in the manner provided in Section 3. BSQ~S59Z19 SS00859a19 NEt3RA$KA -Single Family -Fannie MaelFrsddla Mao UNIF(iRl~l INSTRUAGENT WIT -GA~NE~ (0010- Pape 5 of 15 NIt1818: ~ Form 3e28 'I1'a~