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20�00�951
<br />premiunns, if any, or any surns payable by Borrower to Lender in lieu of the payment of Mortgage
<br />lnsurance premiums in accordance with the provisions of Section 10. These items are called "�scrow
<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 Sorrower, and such dues, fees and
<br />assessrnents shall be an Escrow Item. Borrower shall promptly furnish to Lander all notices of amounts to
<br />be paid under this 5ection. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives
<br />Borrower's obligation to pay the Funds fpr any or all Escrow items. Lender may waive Borrower's
<br />obligation ta pay to Lender Funds for any or a11 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 to Lender receipts evidencing such payment within such time period as Lender may require.
<br />Borrower' s obligation to make such payments and to provide receipts shall for all purposes be deemed to
<br />be a covenant and a�reement contained in this Security lnstrument, as the phrase "covenant and agreement"
<br />is used in Section 9. �f Borrawer is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under Section 9
<br />and pay such amount and Borrower shall then be obligated under Section 9 Co repay to Lender any such
<br />amaunt. Lender may revoke tkae waiver as to any or all Escrow ltems at any time 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 may, at any tune, collect axad hold Funds in an amount (a) suf£icient to permit Lender to apply
<br />the Funds at the time specified undez RESPA, and (b) not to exceed the maximum amount a lender can
<br />require under RESPA. Lender shall estimate the amaunt of Funds due on the basis of current data and
<br />reasonable estirnates of expenditures of future Escrow Items or otherwise in accordance with Applicable
<br />Law.
<br />The Punds 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 whase deposits are so insured) or in
<br />any Federal Home Loan Bank. Lender shall apply the Funds to pay the Bscraw Items no later than the time
<br />speci�ed 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 Barrower interest on the
<br />Funds and Applicable Law permits Lender to znalce such a charge. Unless an agreement is made in writing
<br />or Applicable Law requires interest to be paid an 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 Borrpwer, 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 />Borrower for the excess funds in accordance with RESPA. If there is a shortage of Punds held in escrow,
<br />as defined under R�SPA, 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 to make
<br />up the deficiency in accordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instrumeztt, Lend�r shall promptly refund
<br />to Borrower any Funds held by Lender,
<br />4. Charges; Liens. Borrower sha11 pay all taxes, assessments, charges, fines, and irnpositions
<br />attributable to the Property which can attain priority over this Security lnstrument, leasehold payments or
<br />ground rents on the Froperty, if any, and Cornmunity Association Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />230943
<br />NEBRA5KA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT
<br />�-6(NE)�oe��� Page5of15 Initials � � Form3028 7/01
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