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201008201
<br />premiums, if any, or any sums payable by Aorrower to T.end�r in lieu of the payment af Mortgage
<br />Ix�suraiLCe pre�niums in accordanc8 with thc provisions of Section 10. These items are called "Escrow
<br />Items." At originarion or at any rime during the term of the Loan, Lsnder may �require that Comrnunity
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrovver, and such dwes, fees and
<br />assessments shall be an Escraw Item. Borrower shall pram�tly furnisk� to �nder all notic�es of amounts to
<br />be paid under this Sectian. Borrov�r shall pay I.ender t� Funds for Fscrow Iter�s unless I.ender waives
<br />Borrowcr's obligation to pay the Funds for any or all F�serow It�ms. Lsnder may waive Borrower's
<br />obligation to pay to Lender Funds fox any ar all Escrow Item�s at any time. Any such waiver na,ay only be
<br />in writing. In the event af su�h waiver, Horrower shall pay directly. when and where payable, the amounts
<br />due for any Escrow Items for which payment of F�inds has bcen wsived hy L.ender and, if L,ender requires,
<br />shall fu�ttish to I.ender receipts eviden�cing such payment within such time period aa Lender may require.
<br />So�rrower'� abligation w makes such payments and W provide receipts shall for all purposes be d� to
<br />be a covenant and �t containcd in this Security Instrume�� as the phrase "covenaat and agrcen�nt°
<br />is use� in Sectian 9. If Hvrrower ia obligated to pay Eserow �tems directly� pursuant ta a wai�cr, ar�d
<br />Borrower fails to pay the amount due for an Escrow Item. L�nder may exercise its rights wpder Se�tion 9
<br />and pay suGh aanount a�d Bormwer shall then be obligateci under Section 9 to repay W L�nd�r any such
<br />amount. L,caader rnay revolae the waiver as to any vr all Escrow Items at any time by a notice given in
<br />accoxdancc with Section 15 and, upon such revocation, Borrower shall pay to I�end�r all �nds, and in
<br />such amownt�s, that are then required undBr this Secticm 3.
<br />I,�nder nnay, at anq time, collect and hold P�rnds in. an amou� (a) sufficicnt ta pernait Lender to aPP
<br />the l�unds at the tim,e specified under RESPA, and (b) nnt to eatceed the maaimum aamwrt a lendear can
<br />rec�uire undcr RFSPA. I.ender shall estimatc the a�wunt of Funds due on the basis af current data and
<br />ressonable earimates �f expe�nditures of firture Escrow Items or othexwise in accordance rwith Applicable
<br />Law.
<br />The Funds shall be held in an institutaon whose deposits are insured by a federgl a$ency�
<br />in�struYn�entality, or �taity (including Lsnder, if Lender is a�n institution wh�oac de�osits are so insured) or in
<br />any Federal Home Loan Bank. I.ender shall apply the Fuuds to pay the F.scrow Ztcros no later than the time
<br />specifie� undcr RESPA. I.a�der shall not c�arge Borrower fac holding and applying the F�mds, annually
<br />analyzin� the escrow accaunt, or verifying the Eacrow Items, unle�s Lender pays Horrower intet�st on the
<br />Funds and Applicable Law permits I.ender to make auch a charge, i7nless an agreement is made in �ting
<br />or Applicable Law requires intcrest to be paid on the Funds, Len�der shall not be required to pay Bortower
<br />any intcrest or earnings an the Funds. �orrower and I.ender can ag�+ee in writing, howev�r, that interest
<br />shall bc paid on the Funds. L�r shall give to Borrow�r, withont chazge, an annual aconunting of the
<br />Funds aa required by RFSPA.
<br />If there is a surplus of Funds held in escrow, as de� under RFSPA, T.,�d�r shall account ta
<br />Borrower for the excess fuads in accordancc with RESPA. If there is a slwrtage of F�unds bcld in escrow,
<br />as defined u�oder RFSPA� I,e�der shall notify Borrnwcr as r�quired by RFSPA, a�l Horrower shall pay to
<br />r.ender the amount nec�ssary to �pnalue up the shortagB in accordance with RESPA, but iva no more than 12
<br />�nthly payments. If there is a defia.e�cy of F�mds h�ld itx esc�row, as de� imd�r RESPA, L�ender shall
<br />notify Horrower as required by RFSFA, and Borrower ssball pay to �..endcr the a:a�unt necessarq ta malre
<br />up the de&ciency in accardancc with RESPA, but in no naorc thau 1Z monthlY PaY�•
<br />Upon payn�ent in full of al1 sums sxured by this Security Ins�ntm�i. I.e�der shall prrmnpdy refund
<br />w Hoz�mwcr any Funds held by Lend�.
<br />4. Charges; Lie�ns. Borrower sl�al� pay all taxea, assessments, cbarges. fimes, and impositions
<br />attrib�utable to the Property which can attain priority over this 5ecurity. �ns�3, leasehald paymeats or
<br />grotund rents on the Pro�rCy, if any, �1 Community A�aociation Duas, Fees� and Ass�ments, if any. To
<br />the e�t that t1�sc it�s ace F.serow Itenus, Borcavv�r shall pay them in the nnann,er pmvide� in Section 3.
<br />NEBRASKA - Single Family - FanMr Mar/�nddh Mac UNIFORM IN$7qUMENT
<br />�-BINE) roa� �► Pape s�t � 6 �n�dau: c� Form 9028 1/01
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