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<br />The F�uids sha11 be held in an institution whose deposits are insured by a federal agency, instnimentality, or entity
<br />(including Lender, if Lender is an institution whose deposits are so insured) or in any Federal Home Loan Bank. Lender shall
<br />apply the Funds to pay the Escrpw Items no later tlaan the time specified under RESPA. Lender shall not charge Borrower for
<br />holding and applyinb the Funds, annually analyzing the escrow account, or verifying the Escrow Items, unless Lcnder pays
<br />Borrower interest on the Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in
<br />writing or Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower any interest
<br />or earnings on the Funds. Borrower and Lender can a�;ree in writing, however, d�at interest shall be paid on the Fruads. Lender
<br />shall give to Borrower, without charge, an annual accounting of ihe Funds as rcquired by RESPA,
<br />If there is a stuplus of Funds held in escrow, as defined under RESPA, Lender shall account to Borrower for the excess
<br />funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as defXned under ItESPA, Lender shall notify
<br />Borrower 1s rec�uired by RESPA, and Borrower shall pay to Lender the amount necessary to make up the shorta.ge in
<br />accordancc with ItESPA, but in no more than 12 monthly payments. If there is a deficiency of Funds hcld in escrow, as dcfined
<br />under RESPA, Lender shall notify Borrower as reyuired by RESPA, and Borrower shall pay to Lender the amowrt necessary to
<br />make up the deficiency in accordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instrumcnt. Lcnder shall promptly refund to Borrawer azry
<br />Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay a]] taxes, assessments, charges, fines, ar►d impositions attributable to the Properky
<br />which can attain priority over ihis Secur'rty Instruztaent, leasehold payraents or ground rents on the Property, if any, and
<br />Community Associakion Dues, Fees, and Assessments, if any, To the exten.t that these items are Escrpw Itsms, Borrower shall
<br />pay them in ihe manner provided in Section 3.
<br />Borrower shall pran�ptly discharge any lien which has priority over this Security Instniment unless Barrower: (a) agrecs in
<br />writing to the payment of the obligation secured by thc licn in a n�er acccptable to Lendcr, but only so long as Borrowcr is
<br />performing such agreement; (b) coniests the lien in good faith by, or defends against enforcement of the lien in, leval
<br />proceedings which in Lender's opinion operate to prevent the enforcement of the lien while [hose proceedings are pending,
<br />but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender
<br />subordina6ng the lien to this Security Tnstrument. If Lender deternunes that any part of thc Properly is subject to a lien which
<br />can attain priority over this Security Instrument, Lender may give Borrqwer a notice identifying the lien. Within 10 days of the
<br />date on which that notice is given, Boxrower shall satisfy the lien or take one or more of the actions set forth above in this
<br />Section a.
<br />I,ender izlay require Borrower to pay a one-time charge for a. real estate tax verification and/or reporting service used by
<br />Lender in coiu�ection wi.ili iliis Loan.
<br />5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured
<br />agunst loss by fire, hazards included within the term "extended caverage," and any other hazards incl��ding, but not limited to,
<br />earthquakes and floods, for which Lender requires insurance. This insurance sha11 be maintained in the amounts (including
<br />deductible levels) and for the periods that Lender requires. VJl�at Lender requires pursuant to the preceding sentences can
<br />change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to
<br />Lender's right Co disapprove Barrawer's chvice, which righc shall noC be exercised tu�reasonably. Lender rt�ay require Borrower
<br />to pay, in connection with this Loan, either: (a) a one-time charge for flood zane deternunation, certificaUon and tracking
<br />services; or (b) a one-Ume charge for flood zone determir�tion tuzd certification services and subsequent charges each time
<br />remappings or similar changes occur which reasonably might affect such deternunation or certification. Borrower shall also be
<br />responsible for the payment of any fees imposed by the Federal Emergency Managernent Agency in conneclinn with the
<br />review of any flood zone detcrmination resulting froman objection by Borrower,
<br />If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender's
<br />nptio�a and Borrower's expense. Lender is under no obligation to purchase any particular type or an�ount of covera.ge,
<br />Thereforc, such covcragc shall cover Lender, but might or might not protect Borrower, Borrower's equity in ihe Property or
<br />ihe contents of the Property, abainst any risk, hazard or liability and might provide geater or lesser covera6e chan was
<br />previously in effect. Borrower aclaiowledges that the cost of the insurance coverage so obtained might signiflcantly exceed
<br />the cost of ins��rance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 sk�all
<br />become additional debt of Borrower secured by this Security Instrument. Thcse amounts shall bear interest at the Nofe ratc
<br />from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Sorrower requesting
<br />payment. ./��
<br />NEBRASKA - Single Family - Fannie Mae/Preddie Maa 11NIFORM INSTRUMENT
<br />�� �6�NE) (���1 Pege 6 d 14 inineis: S� � Form 3028 1/01
<br />DDS-NE9
<br />I IA�III I��I IIIII IIIII I�IIIII I�II IIII IIIII IIIII IIIII I��Y I��I� Illu IIII II�
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