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zolou�3s4 451013759 or ground rents on the T'roperty, if any; (c) premiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance premiums, if �ny, or any sums payable hy Borrower to Lend�r in lieu of thc pay�nent of Mortgage Insurance pr�miums in accordance with ch� provisions of Section l0. These iteins are called "Escrow Iteins." At origination or at any time durin� the tenn of the Loan, Lender inay requira that Commimity Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments shall be an �scrow Item, Borrower shall promptly fiirnish to Lender all notices of amounts to be paid under this Section. Borrower shall pay Lender the Funds for Escrow ]tems unless I,ender waives Borrower's obligation to pay the Funds far any or all Escrow It�ms, Lender may waive Borrower's obligation to pay to Lender Funds for any or ail Escrow Items at any time. Any such waiver may only be in writing. In the event of such waiver, Borrower shall pay dir�ctly, when and where payable, the amounts due for any Escrow Items for which payment of Funds has been waived by Lender and, if Lender requir�s, shali furnish to Lender receipts evidencing such payment within such time perind as Lender inay requir�. Borrower's obli�;atiou to inake such payments and to provide receipts shall for all purposes be deeined to be a covenant and agreement contained in this Security Tnstrument, as the phrase "covenant and agreement" is used in Section 9. If Borrow�r is obligated to pay Escrow Items directly, pursuant to a waiver, and Borrower fails to pay the amount dua for an Escrow ltem, Lender may exercise its rights under Section 9 and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such amount. C,ender may revoke the waiver as to any or all Escrow Items at any time by a notice given in accordance with Section 15 and, upon such revocation, Borrow�r shall pay to Lender all Funds, and in such amounts, that are then required under this Section 3, Lender rnay, at any time, collect and hold Punds in an amount (a) sufficient to permit Lender to apply the Funds at the time specifiad under RESPA and (b) not ro 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 fut��re Escrow Icems or otherwise in accordance with Applicablc Law. The Funds shall be held in an institution whose d�posits are insured by a federal ag�ncy, instrumentality, or entity (including Lender, if �,ender is an institutiozi whose deposits are so insured) or in any Federal I Loan Bank. Lender shall apply the �unds to pay the Escrow Items no later tlian the time s�ecified und�r RESPA. I,ender shall not charge Barrower for holding and applying the Punds, annually analyzin� the escrow account, or v�rifying the Escrow It�ms, unless Lender pays Borrower interest on cha Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is inade in writing or Applicabl� Law requires interest to be paid on the Funds, I,ender shall not he required to pay Borrower any interest or earnings on the I'unds. Borrower and Lender can agree in writing, however, that interest shall be paid on the Funds, Lender shall �ive to Borrower, without charge, an annual accounting of the Funds as required by RESPA. If there is a surplus of �'unds held in escrow, as definad t►nder RESPA, L�nder shall account to Borrower for the excess fiinds in accordance with RESPA. If th�re is a shortage of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RF.,SPA, and Borrower shall pay to Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12 monthly payments. lf there is a deficiency of T�unds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RBSPA, and Borrower shall pay to Lender the atnount 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 this Security Instrument, Lender shall prornptly refiind to Borrower any Funds held by Lender. 4. Charges; Licns. Borrower shall pay all taxes, assessinents, 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 extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Sactian 3. Borrower shall prnmptly discharge any lien which h�s priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a inanner acceptable to Leuder, but only so long as 13orrower is perfonning such a�reement; (b) contests the lien in good faich by, or defends against enforcement af the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while those proceedings are pendin�, but only until such procaedin�s are concluded; or (c) secures from the holder of the lien an agreement satisfactory ta Lender subordinating th� lien to this Security Tnstrument. if Lender detennines that any part of the Property is subject to a lien which can attain priority over this Security InstrumenC, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given, F3orrower shall satisfy the lien or take one or inore of the actions set forth above in this Section 4. Lender may require Borrovver to pay a one-ti��e charge for a real estate tax verification and/or raportin�, service used NEBRASI{A--Single F'amily—Fannie Mae/Freddie Mac U1VlH'OIiM INSTRUMENT � 338.2 Page 4 nf 12 Form 302R 1/O1 ��', � !