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<br />premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage
<br />Insurance premiums in accordance with the provisions of Section 10. These iterns are called "Escrow
<br />Ttems," At origination or at any time during the term of the Loan, L,�nder may require that Community
<br />Association Dues, Fees, 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. Borrower shall pay Lender the Funds 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 Items at any time. 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 Items for which payment of Funds has been waived by I.ender and, if L.ender requires,
<br />shall furnish to Lender receipts evidencing such pay�nent within such time period as Lender may require.
<br />Borrower's pbligation to make such payznents and to provide receipCs shall for all purposes be deemed to
<br />be a covenant and agreement contained in this Security Instrurnent, as the phrase "covenant and agreernent"
<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, L,ender may exercise its rights under Section 9
<br />and pay such amount and Borrawer shall then be obligated under Section 9 to repay to �..ender any such
<br />amount. Lender may revake the waiver as to any or all Escrow Items at any ti�xae by a notice given in
<br />accordance with Section 15 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 rnay, at any tirne, collect and hold Funds in an amount (a) sufficient to permit Lender to apply
<br />the Funds at the time speci�ied under RESPA, and (b) not to exceed the maximum amount a lender can
<br />require under RESPA. Lender shall estimate the amount of Funds due on the basis of current data and
<br />reasonable estimates af expenditures of future �scrow Items or otherwise in accordance with Applicable
<br />Lavv.
<br />"I'he 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 Escraw Ttems no later than the time
<br />specified under RESPA. I.ender shall nvt charge Borrower for holding and applying the Funds, amivally
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the
<br />Funds and Applicable Law permits I.,ender to znake such a charge. Unless an agreement is made in writing
<br />or Applicable Law requires interest to be paid an the Funds, T..ender sha11 not be required to pay Borrower
<br />any interest or earnings on the Funds. Borz�ower and Lender can agree in writing, however, that interest
<br />shall be paid on the Funds. I.ender shall give to Borrower, without charge, an annual accounting of the
<br />Punds as required by RE5PA.
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to
<br />Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow,
<br />as de�ined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to
<br />Lender the arnount necessary to make up the shortage in accordance with R�SPA, but in na more than 12
<br />monthly payments. If there is a de�ciency af Punds held in escrow, as de�ined under RESPA, L.ender shall
<br />notify Borrower as required by RE5PA, and Borrawer sha11 pay to I,ender the amount necessary to make
<br />up the deficiency in accordance with RESPA, but in na more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instrument, L,ender shall promptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay a11 taxes, assessments, charges, �nes, and impositions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escrow Iten�.s, Borrower shall pay them in the manner provided in Section 3.
<br />NEBRASKq - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />�-6(NE) 108> > 1 Page 5 of 15 Initials:
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<br />Form 3028 9109
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