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201UU8330
<br />premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage
<br />Insurance premiums in accordanca t�vith the provisions of 5ection 10. Th�se items are Galled "�scrow
<br />Iterns." At origination or at any tirr�e during the term of the T.oan, T.ender may require that Comniunity
<br />Association Dues, Fcc:s, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessments shall be an Escrow Item. Borrower shall promptly fumish to L�nder all notices of anzounts to
<br />be paid under this Scction. Borrower shall pay Lender the Funds for Escrow Items unless L.ender waives
<br />Borrower's obligation to pay the Funds for any or all Escrow Items. I,ender may waive Borrower's
<br />obligatic�n tc� pay to I.ender Funds for any or all �scrow Ttems at any time. Any such waiver may only be
<br />in writing. In the �v�nt of such waiver, Borrower shall pay directly, when and where payable, the amounts
<br />due for any Escrc�w Items for which payment of Punds has been waiv�d by Lender and, if L.ender requires,
<br />shall furnish to L.ender receipts evidencing such paym�nt within such time period as T.ender may require.
<br />Borrawer's obligation to make such paym�nts and to provide receipts shall t'or all purposcs b� d�em�c� to
<br />be a covenant and agreem�nt cantained in this Security Instrument, as the phrase °cov�naxtt and agreernent"
<br />is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Borrower fails ta pay the amount due for an Escrow Item, Lenci�r may exercise its rights under 5ection 9
<br />and pay such amount and T3orrower shall then bc c�bligated under Ssction 9 to repay to T.ender any such
<br />amount. Lender may revoke the waiver as to any or all Escraw Itsms at any time by a notice given in
<br />accardance with Section 15 and, upon such revocation, Borr�awsr shall pay to Lender all �unds, and in
<br />such amaunts, that are then required under this Section 3.
<br />I,cnder may, at any time, collect and hold Funds in an amnunC (a) sufficient to permit Lender to apply
<br />the Funds at th� time specified under RESPA, and (b) not to exceed the maxirn�rn amaunt a lender can
<br />require undear R�SPA. Lender shall estimate the amount of Funds due on the basis af current data and
<br />reasonable �s[imates of expenditures of future Escrow Ttems or otherwise in accardance with Applicable
<br />I..aw .
<br />The Funds shall be held in an institutic�n whas� d�pasits ar� insured by a f'ederal agency,
<br />instrumentality, or entity (including Le.nd�r, if Lender is an institutian whose deposits are so insured) or in
<br />any Federal Home Loan Bank. Lender shall apply th� Funds to pay the Escrow Items no later than the time
<br />specified under RESPA. Lender shall not charge Borrawer far holding and applying the Funds, annually
<br />analyzing the escrow account, or v�rifying the Escraw Items, unless Lender pays Borrower interest on the
<br />Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing
<br />or Applicable T.aw requires inler�st to be paid an the Funds, Lender shall not be reyuired to pay Liorrower
<br />any interest or earnings on the Funds. Barrower and I.ender can agree in writing, however, that interest
<br />shall be paid on the Funds. T,ender shall give to 13orrower, without charge, an annual accounting of lhe
<br />Funds as requir�d by RESPA.
<br />If there is a surplus of �unds held in escrow, as defined under RESPA, I.ender sha11 accaunt to
<br />Barrawer for the excess funds in accordance with RESPA. Tf there is a shortag� af Funds held in escrow,
<br />as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Bortawer shall pay to
<br />I.,endar the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12
<br />manthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, I,ender shall
<br />notify Borrower as required by RESPA, and Borrawer shall pay t� L,�nd�r the amaunt necessary to make
<br />up the deficiency in accordance with RESPA, but in no more than 12 monthly paymsnts.
<br />Upon payment in full of all sums secured by this Security Insttumcnt, I,ender shall promptly refund
<br />to Borrower any Funds h�ld by J_,�nd�r.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payments or
<br />graund r�nts pn tha Property, if any, and Community Association Dues, Nees, and Assessments, if any. To
<br />th� �xt�nt tlxat these items are Escrow Items, Borrower shall pay them in the inanner provided in Section 3.
<br />NEBRASKA - Single Family - Fannie Mae/Fraddie Mac UNIFORM INSTRUMENT
<br />�-6(NE) loai t) Pe 6 or �a in�t�eig: � Form 302$ 1/09
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