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2�10079��
<br />premiums, if any, or auy sums payable by Sorrower to Lender in lieu af the payment of Mortgage
<br />Insurance prerniurns in accardauce with the provisions of Section 1Q. These items are called "�sarow
<br />Items." At origination ar at any rime during the term of the Loan, I.ender may require that Community
<br />Association Dues, Fees, and Assessments, if any, be escrowad by Sarrower, and such dues, fees and
<br />assessments shall be an Escraw Item. Borrower shall promptly fixrnish to Lender all natices of amounts to
<br />be paid under this Se�tion. Borrow�r shall pay Lendec the Funds for Escrow Items unless Lender waives
<br />Borrawer' s obligation to pay the Funds for any ar all Escrow Iterns. L,ender may waive Borrower' s
<br />obligation to pay to Lender Funds far any or all Escrow Ttems at auy time. Any such vvaiver m,ay 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 L�der and, if Lender requires,
<br />shall furnish to Lender receipts evidencing auch payment within such time period as I.ender may require.
<br />Borrawer' s obligation to make such payments and to provide receipts shall for all pwpases be deem�d to
<br />be a covenant and agreement cc�ntained in this Security Insirument, as the phrase "covenaut and agreemea�t"
<br />is us� in Section 9. If Borrower is abligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Horrower fails to pay the amount due for an Escrow Item, L,ender may exercise its rights under 5ection 9
<br />and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such
<br />amount. Lender may revoke the waiver as to any or a11 Escraw Iterns at any time by a notice given in
<br />accordance with 5ection 15 and, upon such revocation, Borrower shall pay to Lender atl Funds, and in
<br />such amounts, tk�at are then required under this Section 3.
<br />Lender may, at any tinne, collect and hold Funds in mi amount (a) sui�'icient to perir►it Lender to apply
<br />the F'wids at the time specified under RESPA, and (b) not to exceed the maximum amount a lender can
<br />require undex RESPA Lender shall estimate the anr�ount of Funds due on the basis of current data and
<br />reasonable estimates of expenditures of future Eserow Iterns or ntherwise in accordance with Applicabla
<br />Law.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency,
<br />insbrurnentality, or entity (including Lender, 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 Escrow Items no later than the time
<br />specificd under RESPA. I.ender shall not charge Horrower for halding and applying the Frinds, amaually
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the
<br />Funds and Applicable Law permits I.ender to make such a charge. Unless an agreernent is xnade in writing
<br />or Applicable Law requires interest to ba paid an the Funds, Lender shall not be req,uired to pay Borrower
<br />any interest or �arnings on the Funds. Borrower and Lender can agree in writing, hawever, that interest
<br />shall be paid on the Funds. Lender shall give to Borrower, without cbarge, an annual accour�ting 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 t�
<br />Borrower for the excess fur►ds in accordance with RESPA. If there is a shortage of Funds held in escrow,
<br />as de�in�ci under RE5PA, Lender shall notify Horrower as required by RESPA, and Horrower shall pay to
<br />Lender the amount necessary to rnake up the shortage in accordance with RESPA, but in no more than 12
<br />monthly paynnents. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Borrower as required by RESPA, and Horrower shall pay to Lender the amount necessary to rnake
<br />up the deficiency in accorda�ace wida RESPA, but in no rnore than 12 rnanthly payments.
<br />U� payment in full of all sums secured by this Security Instrument, Lender shalt prornptly refund
<br />ta Barrower any Funds held by Len.der.
<br />4. Charges; Liens. Borrovc�er shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold paymenta or
<br />ground rents on tha Property, if any, and Cammuruty Association Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escrow Items, Borrower shall pay them in the naanner provided in 5e�tion 3.
<br />2200b79023 D V6ADTE
<br />NEBRASKA - 5ingla Family - Fannla Mae/Freddle Mac UNIFORM INSTRUMENT WITH,MER$
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