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�oi�o77�� <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 <br />�-6�NE) �oat t1 Page S of 15 in�s�ais: ��orm 3p28 7l01 <br />� <br />�, i p � '� �e � r r "t <br />, . .. r <br />