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<br />premiurns, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage
<br />Insurance premiums in accardance with the provisipns of Section 10. These items are called "Escrow
<br />Items." At origination or at any time during the term of 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 Itern. Borrower shall prornptly furnish to Lender all notices of amounts to
<br />be paid under this Section. Borrower shall pay I.ender the Funds for Escrow Items unless Lender waives
<br />Bonawer'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 tirne. Any such waiver may only be
<br />in writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the arnounts
<br />due for any Escrow Iterns for which payment of Funds has been waived by Lender and, if I,ender requires,
<br />shall furnish to Lender receipts evidencing such payment within such time period as Lender may require.
<br />Borrower's obligation to rnake such payments and to provide receipts shall for all purposes be deemed to
<br />be a covenant and agreement contained in this Security Instniment, as the phrase "covenant and agreement"
<br />is use� in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant ta a waiver, and
<br />Borrower fails to pay the amount due for an Escrow Item, I.ender may exercise its rights under Section 9
<br />and pay such arnount and Borrower shall then be obligate�i under Section 9 to repay to I.ender any such
<br />amaunt. Lender rnay revoke the waiver as to any 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 I.ender all Funds, and in
<br />such amounts, that are then required under this Section 3.
<br />Lender rnay, at any time, collect and hold Funds in an amount (a) sufficient to pezmit L.ender to apply
<br />the Funds at the time speci�ed under RESPA, and (b) not to exceed the maxiamuun arnount a lender can
<br />require under RESPA. I..ender shall estimate the amount of Funds due on the basis of current data and
<br />reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable
<br />Law.
<br />The Funds shall be held in an institution whose deposits are insure�ci by a federal agency,
<br />instrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insur�d) ar in
<br />any Federal Home Loan Bank. Lender shail apply the Funds to pay the �scrow Items no later than the time
<br />specife�i under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the Escrow Iterns, unless Lender pays Borrower interest on the
<br />F�nds and Applicable Law pernuts I.ender to make such a chazge. Unless an agreernent is made in writing
<br />or Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower
<br />any interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest
<br />shall be paid on the Funds. Lender shall give to Borrower, without charge, an annual accounting of the
<br />�nds as required by RESPA.
<br />If there is a surplus of Funds held in escrow, as de�ne� under RESPA, Lender shal.l account ta
<br />Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow,
<br />as defined under RESPA, Lender shall notify Borrower as requirecl by RESPA, and Borrower st�all pay to
<br />Lender the amount necessary to make up the shortage in accordance with RESPA, but in no znore than 12
<br />monthly payments. If there is a de�ciency of Funds held in escmw, as de�ined under RESPA, L.ender shall
<br />notify Bonower as requireti by RESPA, and Borrower shall pay to Lender the amount necessary to make
<br />up the deficiency in accordance with RESPA, but in no more than 12 rnonthly payments.
<br />Upon payrnent in full of all surns secured by this Security Iristrurnent, Lender shall promptly refund
<br />to Borrower any �nds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Property which can attain priori.ty over this Security Instrument, leasehald payrnents 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, Borrowsr shall pay thern in the maruier provided in Section 3.
<br />NEBRASKA - 5ingle Family - Fannie Mae/�reddia Mac UNIFORM INSTRUMENT
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