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<br />premiums, if any, or any surns payable by Borrower to Lender in lieu of the payment of Mortgage
<br />Insurance premiuzns in accordance with the provisions of Section 10. These iterns are called "Escraw
<br />Item;;." At prigination 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 Bozrower, and such dues, fees and.
<br />assessments shall be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts Co
<br />be paid under this Section. Borrower shall pay Leander the Funds for Escrow Items unless Lender waives
<br />Bprrower' 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 Lender and, if Lender requires,
<br />shall furnish ta Lender receipts evidencing such payment within such ti�aae period as Lender may require.
<br />Borrower's obligation to make such payments and to provide receipts shall for all purposes be deemed ta
<br />be a covenant and agreement contained in this Security Instrument, 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 />Borrower fails to pay the amount due for an Escrow ltem, I.ender znay exercise its rights under Section 9
<br />and pay such amaunt and Barrawer shall then be obligated under Section 9 to repay to Lender any such
<br />amqunt. Lender may revoke the waiver as to any or all Escrow Items at any time by a notice given in
<br />accordance with Sectian 15 and, upon such revocation, Borrower shall pay to Lender all Funds, and in
<br />such amounts, that are then required under this 5ection 3.
<br />Lender may, at any time, collect and hald 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 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 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 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 Banlc. Lender shall apply the Punds to pay the Escrow Items no later than the time
<br />specified under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Sorrower interest on the
<br />Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing
<br />or Applicable Law requires inter�st to be paid on the Funds, Lender shall not be required to pay Barrower
<br />any interest or earnings on the Funds. Bonower and I.ender 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 />Punds as required by RESPA.
<br />If there is a suxplus of Funds held in escrow, as defined under RE5PA, 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 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 accordanca 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 RESFA, and Borrower shall pay to Lender the amount necessary to make
<br />up the deficiency in accordance with RESPA, hut in no more than 12 monthly payrnents.
<br />Upon payment in full of all sums secured by this Security Instrument, Lender shall pramptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay a11 taxes, assessments, charges, fines, and irnpositions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payrnents or
<br />�round rents on the Property, if any, and Community Association Dues, Fees, and Assessrnent,5, if any. 'I"o
<br />the extent that these items are Escraw Items, Borrower shall pay them in the manner provided in Section 3.
<br />230927
<br />NEBRA5KA - 5ingle Family - Fannie M aelFreddie M ac UNIFORM INSTRUM ENT
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