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201008200
<br />premiwms, if any, or any sums payablc by Horrower to Lender in li� of the payment of Mortgage
<br />lnsurance px�emiums in accordance with the provisions of Section 10. lfiese items are cailed "Escrow
<br />Items." At origination or at aay time dwring the tenn of the Loan, Lender may require thaz Comm�rnity
<br />Association Dues, Fees, and Assessrm�ats, if any, be escrovved by Horrower, and such due�, fe�s and
<br />assessments �hall be an Fserow Item. Borrower shall pro�tly fumish to I.ender atl n�odces of amounts W
<br />be paid under this 5ecdon. Soxxower shall pay I.ender the Funds for Escrow It�ms unless Le�nder waiv�c
<br />Bonrawer's obligatio�n to pay the Funds for any or all F,scrow It�nns. Lender may waive Horrower's
<br />obligation to pay to Lender Funds for any or all F,scmw Items at any time. Any s� waive�' may onilY be
<br />in writing. In the �'vent of auch waiver, Borrawer shall pay directly, when and where payable, the amounts
<br />due far any E�crow Items for which paymant of Funds has been rvaived by Lender and, if L.ender requiress,
<br />shall furn�iish W Lender receipts evidencing sucn payment within such tiune period as I.ender may require.
<br />Borrower'$ obligation ta mal�e suc� payments and to provide r�ipts shall for all purposes be dcerned to
<br />be a covexaa�at and agre�ment contained in thia Security Insbruunent, as the phrase "cavea�ant and ag�nt"
<br />is used in Section, 9. If Borrower i�s obligated to pay Fscrow Items dire�tly, Aursuant to a waiver, and
<br />Borrower faila to pay the amount du�c for an Escmw Ytcm, I.ender may eaercise its rights under Section 9
<br />and pay such atn�ount and Borrower shall then be obligated under Section 9 w repay to Lender any such
<br />aznotynt. Lender may revoke th� wair►er as to any or all Escrow Iterns at arry tirne by a notice given in
<br />accordance with 5�tion 15 and, upon such revocation, Horrower shall pay to L,ender all Funds, and in
<br />such amaunts, that are then �required undcr this 5ec�ion 3.
<br />I.endeY' may, at any time, cnllect anui hold Funds i�n an amount (a) sufficient to p�rmit Lend� ta app1Y
<br />the kYinds at the tiu�e speci�icd uuder RESPA, and (b) aot to exceed the ma�rimum ainount a len.der can
<br />require unde�r RESPA. L,ender shall estimate the �nount of Funds due an the basis of c�rnent data an�d
<br />reasonable eatimates of �xpe�itures of future �SCrow Items or otharwise itx accordance with Applicable
<br />I.uvv.
<br />The Futxds shall bc hesld in an inatitution whasc deposits are insured by a federal agency,
<br />instrumentatity� ar entity (iacluding Lender, if Lender is an institution vvlwse deposits are so insured) or in
<br />any Federal Homc Loan Bank. L.e�d�r shall apply the Funds to pay the Escrow Ite�,s no later than, the time
<br />speci�ied under RFSPA. Lender shall not charge Borrower far holding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the F.scrow Items, unless Lender pays Borrower inter�st on the
<br />Fuads and Applicable Law permits T.cndsr ta make such a charge. UNess an agr�nt is made in writing
<br />or Applicable Law requires interest w be paid on the Funds, �.ender sUall �ot be �equired to pay Horrower
<br />any intexest or earnings on the Funds. Borrowe�r and L.ender can agree in wriCing, however� iha�C interest
<br />s�hall be pa�id an thc P�nds. Lender shall give to Borrower, without charge, an annual accoun�ing of the
<br />�unds as required by RESPA.
<br />If thene is a surplus of k�nds held in escrow, as de�ined under RESPA, I.ender shall account to
<br />Barrower for ttie exoess funds in accordancc with RESPA. If tbere is a shortage of Fur�ds held in escraw,
<br />as de� 'under RESPA, �der s�all notify Borrower as required by RESPA, and Horrower shall pay ta
<br />L,ender the a�nount nc�ssar�+ to rr�CC up the shorCage 'vn accordance witla RESPA, but in no rx�re than 12
<br />nnond�ly payments. If there is a deficiency af Punds held in escrow, as defined und�' RESPA, Lendar shsll
<br />nodfy Borrower as required by RESPA, a� �arrower st�all pay to Lender the amount necessary to m�alce
<br />up Che d�ficiency ira accordance with RESPA, but in no maxe tha�a 12 monthly paymeats.
<br />Upon payment in full of all sums secured by this Security Instrument, L.�nder sha11 PmmPt1Y refiu�
<br />w sorro� �y � �aa �y �.
<br />4. Ch�aKges; Li�ns. Sorrower shall pay all taxes, asses�ments, charg�s, fus�. and impositions
<br />attributable to the Property which can attain pdority over this Security Ins�t, leasehold payments or
<br />ground rents on the Properry, if at►y, and Community Association D�e,a, Poes, and Assess�ments, if any. To
<br />the e�ct�nt that these it�ns are Escrow Ite�ms, Borrower ahall pay � in the manner provided in 5ection 3.
<br />NEBRASKA - Single Family - Fannia Mas/Frsddia Mac UNIFORAA INSTRUMENT
<br />Q�-0�NE) lGai i 1 Ppa 6 af 16 �n�dah: Porm 30Z8 1/01
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