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<br />premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage
<br />Insurance premiums in accordance with the provisions of Section 10. These items are called "Escrow
<br />ltems." At origination or at any time durin� the term of the Loan, Lender may require that Community
<br />Associatipn Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessments sha11 be an Escrow Item. Borrnwar shall promptly furnish to Lender all notices of amounts to
<br />be paid undcr this Section. Borrower shall pay Lender the Funds far Escrow ltems unless Lender waives
<br />Borrower's obligation to pay the Funds for any or all �scrow Items. Lender xnay waive Sorrower's
<br />obligation to pay to Lender Funds for any or all Escrow ltems at any time. Any such waivar 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 payrnent 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 rnay require.
<br />Borcower' s pbligation to make such payments and to provide receipts shall for all purposes be deemed to
<br />be a covenant and agreement contained in this Security Instrument, as the phrase "covenant and agreernent"
<br />is used in Section 9. If Borrower is obligated to pay Escrow Items dirsetly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due for an Escrow Itern, Lender may exercise its rights unde� Section 9
<br />and pay such amount and Borrower shal] then be obligated under Section 9 to repay to Lender any such
<br />amount. Lender xnay revoke the waiver as to any or a11 Escrow Items at any time by a notice given in
<br />accordance with Section 15 and, upon such revocation, Borrower shall pay to Lender all �'unds, and in
<br />such amounts, that are then required under this Section 3.
<br />Lender may, at any time, callect and hold Funds in an amaunt (a) sufficient to perrnit Lender to apply
<br />the Funds at the time specified under RESPA, and (b) not to exceed the maximum ata�ount 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 institutian whose deposits are insured by a federal agency,
<br />instrumentality, or entity (including �,ender, if Lender is an institutipn whose deposits are so insured) or in
<br />any Federal Home Loan Bank. Lender shall apply thc Funds 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 Iterns, unless Lender pays Borrower interest on the
<br />Funds and Applicable Law penmits Lender to make such a charge. Unless an agreern,ezit 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 ar 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 />Funds as required by RESPA.
<br />If thsre 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 Funds held in escrow,
<br />as defined under RESPA, Lender shall notify Borrawer as required by R�SPA, and Borrower shall pay to
<br />Lender the amount necessary to make up the shortage in accordance with RESPA, but in no xnore 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 Barrower shall pay to Lender the amount necessary to make
<br />up the deficiency in accordance with RE5PA, but in no more than 12 monthly paytnents.
<br />Upon payment in fu11 of all sums secured by this Security Instrument, Lender shall promptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay al] taxes, assessments, charges, fines, and impositions
<br />attributable to the Froperty which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To
<br />the extent that these iterns are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />230952
<br />NEBRA5KA - Single Family - Fannie MaelFreddie Mac UNIFbRM INSTRUMENT
<br />�-B�N�) (�811) PBge 5 of 15 iniciais: � Form 3028 1/01
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