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<br />premiums, if any, or any su�ns payable by Borrower to Lender in lieu of the payment af Mortgage
<br />Insurance premiums in accordance with the provisions of Section 10. 'These items are called "Escrow
<br />Items." At origination or at any time during the term of the Loan, I.cnder may require that Community
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessmencs shall be an Fscrow Item. Borrower shall pramptly furnish to L,ender a11 notices of amounts to
<br />be paid under this Section. Borrower shall pay Lender the �nds for Escrow Items unless L.Qnder waives
<br />Borrower's obligation to pay the Funds for any or a11 Escrow Items. Lender may waive Borrower's
<br />obligation to pay to Lender Funds for any or all Escrow Items at any tirne. Any such waiver may only be
<br />in writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the amounts
<br />due for any Escrow Itenas for which payment of Funds has been waived by Lender and, if I,ender requires,
<br />shall furnish to Lender receipts evidencing such paymenc within such time period as Lender may require.
<br />Borrower's obligation to make such payments and to provide receipts shall for all purposes be deerned to
<br />be a covenant and agreement contained 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 to pay the amount due for an Escrow Item, I.ender may exercise its rights under Section 9
<br />and pay such amount and Barrower shall then be obligated under Section 9 to repay to Lender any such
<br />amount. Lender may revoke the waiver as to any or all Escrow Items at any time by a notice given in
<br />accordance with Sectian 15 and, upon such revocation, Borrower shall pay to Lender all �unds, and in
<br />such amounts, that are then required under this Section 3.
<br />I..ender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply
<br />the Funds at the tirne specified under R�SPA, and (b) not to exceed the maximum amount a lender can
<br />require under RESPA. Lender sha1l estimace the amount of Funds due on the basis of current data and
<br />reasonable estimates af expenditures of future Escrow Items or otherwise in accordance with Applicable
<br />Lavv.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency,
<br />instrumentality, or entity (including I,,ender, if Lender is an institution whose deposits are so insured) or in
<br />any Federal Horne Loan Bank. L,ender shall apply the Funds to pay the Escrow Items no later than the time
<br />specified under RESPA. Lender shall not chazge Borrower for holding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the Escraw Items, uxiless I,ender pays Bonower interest on the
<br />Funds and Applicable Law permits L.ender to make such a charge. Unless an agreement is made in writing
<br />or Applicable Law requires interest to be paid on the Funds, Lender shall nat be required to pay Borrower
<br />any interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest
<br />shall be paid on the Funds. Lender shall give to Barrower, without charge, an annual accounting of the
<br />Funds as required by RESPA.
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, I..en.der sha11 account to
<br />Borrower for the excess funds in accordance with RESPA. Tf there is a shortage of Funds held in escrow,
<br />as defined under RESPA, Lender shall notify Bprrower as required by RESPA, and Borrower shall pay to
<br />Lender the amount necessary to mak� up the shortage in accordance with RESPA, but in no more than 12
<br />monthly payrnents. If there is a deficiency of Funds held in escrow, as de�ned under RESPA, L,Qnder shall
<br />notify Borrower as required by RESPA, and Borrower shall pay to Lender the arnount necessary to rnake
<br />up the de�iciency in accordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instrurnent, 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 priarity aver this Security Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escrow Items, Bonpwer shall pay Chem in the manner provided in Section 3.
<br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFQRM INS7RUMENT ���
<br />�-6�NE) 1oe� i) Paae s ot i a i��neis: / Form 3028 1/09
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