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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 Sectian 10, These items are called "Escrow
<br />Items." At origination or at any time during the term af the Loan, Lender 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. Borrawer shall prorraptly furnish to Lender all notices of amounts to
<br />be paid under this Section. Borrower sha11 pay Lender the Funds for Escrow Items unless Lender waives
<br />Borrower's obligation to pay the Funds fox any or all Escrow Items. Lender may waive Borrower's
<br />obligation to pay to Lender Funds for any or all �scrow Items at any time. Any such waiver may only be
<br />in writing. In the event of such waiver, Bnrrower shall pay direc;tly, when and where payable, the amounts
<br />due for any Escrow Items for which payment of Fur�ds has been waived by Lender and, if Lender requires,
<br />shall furnish tn Lender receipts evidencing such payment within such tirne period as Lender may require.
<br />Borrower's obligation ta malce such payments and to provide receipts slzall i'or all purposes be deemed to
<br />be a covenant and agreement contained in this Security Instrnment, as the phrase "cavenant and agreement"
<br />is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />�orrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under Sectian 9
<br />and pay such amaunt and Borrower shall then be obligated irnder Section 9 to repay to Lender any such
<br />amount. Lender may revoke the waiver as to atry or all Escrow Items at any time by a notice given in
<br />accordance with Section 15 and, upon such revocation, Borrower shall pay to Lender all �'unds, and in
<br />such amounts, that are then required under this Section 3.
<br />I..ender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply
<br />the Funds at the time specified under RESPA, and (b) not to exceed the maximum arr►ount a lender can
<br />require under RESPA. Lender shall estimate the amount of Funds due on the basis of current dat� and
<br />reasonable estiznates of expenditures of future Escrow Items or otherwise in accordance with Applicable
<br />Law.
<br />The Funds shall be held in an instztution whose deposits are insured by a federal agency,
<br />instrumentality, or entity (including L�nder, 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 Escxow Jtems no later than the time
<br />speci�ed under RESPA. Lender shall not charge Borrower for holding and applying the F'unds, annually
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the
<br />Funds and Applicable Law permits Lender to make such a charge. Unless an agreexnent is znade in writing
<br />or Applicable Law requires interest to be paid on the Funds, I.,ender shall nat be required to pay Borrawet
<br />any interest or earnings on the Funds. Borrawer ar�d Lender can agree in writing, however, that interest
<br />sha11 be paid on the Funds. I.ender sha11 give to Borrower, without charge, an annual accounting of the
<br />Funds as required by RESPA.
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to
<br />$orrower fot the excess Funds in accordance with RESPA. If there is a shortage af Funds held in escrow,
<br />as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to
<br />Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12
<br />monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary ta make
<br />up the deficiency in accordance with RESPA, but in no more than 12 monthly payments.
<br />Upoca payment in full of all sums secured by this Security Instrument, Lender shall prornptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositiUns
<br />attributable to tlae Froperty 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 Items, Borrower sha11 pay them in the maiuier provided in Section 3.
<br />8800885775 8$00885775
<br />NEBRASKA - Single Familq - Fannie MaelFreddie Mac UNIFORM INSTRUMENT WITH MER
<br />�•6A�NE)�oe�0) Page5ot15 in�c�ais: Form3028 1/D1
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