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2010Q8118
<br />prerniums, i�£ any, or any suma payable by Horrow� to Lender in liau af the payment of Mortgage
<br />ins»rs�ncE pr�u�g �in t�ccordauCe witb the provisiops pf Sec.•[ion 10. These ltems are Galle$ "ESCI�ow
<br />It�nos." At origination or at any ti�aane duriaag the texm af the Loat►, Lender may requi.re that Cammunity
<br />Association Dues, Fees, and Ass�ts, if any, be �scrowed by Borrower, and such dues, fees and
<br />assessnlents slaall be an Fscrow Ite�n. Haa�rowcr shall pmmptly furnish to I.ender all noticcs of arr�unts to
<br />be paid under tlus Section. Hnrmwer sl�all pay Y.ender the Funds for Escraw Items uuless Lender waives
<br />Borrower's obligatian ta pay th.e Funds for any or all Escrow Itenos. I.ender may waitve Borra�r's
<br />obligation ta pay to I.ender Funds for any or all F.scrow Items at any time. Any such waiver may oaaly be
<br />in writing. �n the event of such vvaiv�, Borrower shall pay diredly, when and where payable, the amounts
<br />due for axxy F�crow Items for which paym�nt of l�unds has been waived by L,�nder an4d, if Lcnder requires,
<br />s�all furnish w L�nder receipts evidencing such paymeat witxtin such wme period as I.ender may r�uire.
<br />Horrower's obligataon to mak�e such pay�ts and to provide receipts shall for all purposes be deemed to
<br />be a covenant and agree�ut contained in this Security Instnunent, as the phrase "cove�nant an,d agr�nent"
<br />is used in Secxion 9. If Borrower is obligated ta pay Escrow Items dire�tly. Pursuant tn a waiver, and
<br />Borrovver fails to pay the amoRmt due for an Fs�row Itean, I.ender may exercise its rights undesr Section 9
<br />and pay such amourn and Borravver shall the� be obligated under Section 9 W repay to l.euder any such
<br />a�ouint. Lcnder may revoke the waiver as to any ar all Fscrow Itenas at any tin�e by a notice given in
<br />accordance with Section 15 and, upon suc�h revocation, Borrower shall pay Co I.ender all Funds, and in
<br />sucJi amounts, that are theaa �required under this Se�tion 3.
<br />I.ander may� at any tima, coll�ct and hold Funds in an ainount (a) suf�icient ta permit Y.ender to apply
<br />the Fuxtds at the tims speci5ed under RHSPA, and (b) not to exceed the naaxim.ura amaunt a l�nder can
<br />requi,re under RESPA. Lendcr sb�all estimate the amount of Funds due on thc basis af curr�t data and
<br />reaaonalyle c�Cimates of expendituxes of future Pscmw Items or otherwise in ac�rdance vc+itb, Applicable
<br />L.aw.
<br />'17�e Funds shall be held in an institution whose deposits are insureil by a federal agency,
<br />�tality, or �tiry (including Leader, i�f L,ender ia an institution whose de�sits are so insured) or in
<br />any Federal Home Losn Bank. L�der sball apply th� �nds to pay the Escmw Ite�ns nia later tban the time
<br />specified under RFSPA. L.e�der shall not charge Horrower for holding and applying the F�uds, annually
<br />analy�ag thc escrow accaunt, or vcrifying the Fscrow Items, unless I.ender pays Borrowcr intcrest on the
<br />l�unds and Applicable I.aw permits L�r to make suah a charge. Unless aY► agrce�neat is made in writing
<br />or Applicable Law rec�uires inCer�st to be paid on the P�nds, L�ender shall not be required to pay Bo;nrowerr
<br />any interest or earnings on tb�e Fw1ds. Borrower and Leander can agree in writing, how�ver, that interest
<br />shall be paid on t�e Funds. I.�nder shall givc to Borrowcr, without chazge, an abnual accounting of the
<br />F�nds as required by RESPA.
<br />If there is a sucplua of Funds held in escrow, as defin.ed under RESPA, L.endex sl�all account to
<br />Borrowez� for the e�ss funds in aocordance with RESPA. If there is a shortage of Funds held in e.4cxow�
<br />as de�ined under RFSPA, I.e�der s�iall x�tify Bornovver as rec�uired by RESPA, and Horrower sbal� pay Ca
<br />L.ender the am�ount necessaty W mal�e up tha shortage in a000rdance with RFSPA, but in no mare than 12
<br />monthly payments. If there is a deficie�y of F�mds held in escrow, as defined uuder RESPA, L�nder shall
<br />notify Hc�rrower as required by RESPA, az�d Borrower shall pay ta I,ender the amount �ecessary to make
<br />np the de�ciency in ac;cordance with RFSPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all su�ms secured by this Security Instruu�ent, L,e�der shall promptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Char�es; Liens. Horrower shaal pay ali taa�es, assess�ents, charges, finea, and impositians
<br />attributable w the Propeity which can attain priority ovcr this Security Instruu�nt, leasehold paymen,ts or
<br />ground rents on the Property, if any, and Comnumity Association Dues, �ees. and Ass�aents, if any. To
<br />the extent thaz these it�ms are Escmw Iten�s, Borrower sball pay them in the nnanrrer pro�vided in Section 3.
<br />NEBRASKA - Single Family - Fanni� Mae/Frrddh Mac UNIFORM IhISTRUMEM �
<br />�-81NE) loet U Paoe 6 ot 15 iMCw.: � �orm 3028 1/07
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