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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 "Escraw
<br />Items." At o�igination or at any time during the term of the Loan, Lender may require chat Community
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fecs and
<br />assessments shall be an Escrow Item�. Borrower shall promptly fumish to Lender all notices of amounts to
<br />be paid under this Section. Borrower shall pay Lender the Funds for Escrow Iterns unless Lender waives
<br />Barrower's obligation to pay the Funds for any or all Escrow Items, L.ender rnay waive Borrower's
<br />obligatian ta pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may only be
<br />in writing. In the event of such waiver, Barrower shall pay directly, when and where payable, the amaunts
<br />due for any Escrow Items far which payment of �'unds has been waived by Lender and, if Lender requires,
<br />shall furnish to Lender receipts evidencing such payment within such time period as Lender may require.
<br />Borrower's obligatian to make such payments and to provide receipts shall for all purposes be deemed to
<br />be a covenant and agreement contaaned in this Security Instrument, as the phrase "covenant and agreement"
<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, Lender may exercise its rights under Section 9
<br />and pay such amount and Borrower shall then be obligated under Section 9 to repay ta Lender any such
<br />armount. Lendex may revoke the waiver as to any or all Bscrow Items at any time by a notice given in
<br />accordance with Section 15 and, upon such revocation, Borrawer shall pay to Lender all Funds, and in
<br />such amounts, that are then required under this Section 3.
<br />Lender rnay, at any time, collect and hold F�nds in an amount (a) sufficient ta permit Lender to apply
<br />the Funds at the tirne speci�ed under RESPA, and (b) not to exceed the maximum amount 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 />T'he Punds shall be held in an institution whose deposits are insured by a federal agency,
<br />inst�nunentality, or entity (including Lender, if Lender is an institution r�vhose deposits are so insured) or in
<br />any Federal Home Loan Bank. Lender shall apply tk�e 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 Items, unless I.ender pays Borrower interest on the
<br />Funds and Applicable Law permits Lender to make such a charge. Unless an agreernent is made in writing
<br />or Applicable Law requires interest to be paid on the Funds, I,ender shall not be required to pay Borrower
<br />any interest ar earnings on the Funds. Borrower and Lender can agree in writing, hawever, that interest
<br />sha11 be paid on the Funds. Lender shall give to Borrower, without charge, an annual accaunting of the
<br />Funds as required by RESPA.
<br />If there is a surpins of Funds held in escrow, as defined under RESPA, Lender shall accaunt to
<br />Borrower for the excess funds in accordance with RESPA, If there is a shortage of Funds held in escrow,
<br />as de�ned under RESPA, Lender shall notify Bonower as required by RESPA, and Borrower shall pay to
<br />Lender the arnount necessary to rnake up the shortage in accordance with R�SPA, but in no more than 12
<br />monthly payrnents. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Borrower as required by RBSPA, and Borrower shall pay to Lender the amount necessary to make
<br />up the deficiency in accordance with RESPA, but in na more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Tnstrument, Lender shall promptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, �ines, and impositions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payments or
<br />graund 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 />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIF�RM INSTRUMEN7 ,� �...�
<br />�-BINE) lqat t 1 Page 5 of 15 tnisiais:�� Form 302$ 9l09
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