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<br />premiums, if any, or any sums payable by Borrower to I.ender in lieu of the payment of Mortgage
<br />Insurance premiurns in accordance with the provisions of Section 10. These items are called "Escrow
<br />Items." At origination or at any tirne during the term of the Loan, Lender may require that Cornrnunity
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessments shall be an Escrow Item. Borrower shall pronnptly furnish to Lender all notices of arnounts to
<br />be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives
<br />Barrower's obligation to pay the Funds for any or all Escrow Itea�x�s. I.ender may waive Borrower's
<br />obligation 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, Borrower shall pay directly, when and where payable, the amounts
<br />due for any Escrow Items for which paymenc of Funds has been waived by Lender and, if Lender requires,
<br />shall furnish ta Lender receipts evidencing such payment within such tim� period as Lender may require.
<br />Bonower's obligation to rnake such payrnents and to provide receipts shall for all purposes be deemed to
<br />be a covenant and agreement cantained 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 />Bonower fails to pay the amount due for an Escrow Item, Lender rnay exercise its rights under Section 9
<br />and pay such arnount and Borrower shall then be obligated under Section 9 to repay ta I.ender any such
<br />amount. I.ender may revake the waiver as ta any or all Escrow Items at any time by a notice given in
<br />accordance with 5ection 15 and, upon such revacation, Borrower shall pay to Lender all Funds, and in
<br />such amounts, that are then required under this Section 3.
<br />L.end�r may, at any tune, collect and hold Funds in an amount (a) sufficient to permit Lender to apply
<br />the Funds at the time specified under R�SPA, and (b) not to exceed the maximum amount a lender can
<br />require under RESPA. �..ender shall estimate the amount of Funds due on the basis of current data and
<br />reasonable estinnates of expenditures of future Escraw Items or otherwise in accordance with Applicable
<br />I.aw.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency,
<br />instrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insured) or in
<br />any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time
<br />speci�ed under RESPA. Lender sha11 not charge Borrower for holding and applying the F�nds, annually
<br />analyzing the escraw account, or verifying the Escrow Items, unless L,Qnder pays Borrvwer interest an the
<br />Funds and Applicable Law permits Lender ta rnake such a charge. Unless an agreement is made in writing
<br />or Applicable Law requires interest to be paid on the Funds, J,ender shall not 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 Borrower, 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, Lender shall account to
<br />Barrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow,
<br />as defined under RESPA, Lender shall notify Borrower as required by R�SPA, and Borrower shall pay to
<br />I.ender the amount necessary to make up the shortage in accordance with RESPA, bnt in na more than 12
<br />monthly payments. If there is a deficiency af Funds held in escrow, as defined under RBSPA, Lender shall
<br />notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make
<br />up the deficiency in accordance with RESPA, but in no mare than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all ta�ces, assessments, charges, �ines, and impasitions
<br />attributable to the Property which can attain priarity over this Security Instrurnent, leasehold payments or
<br />ground rents on the Property, if any, and Comrnunity Association Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escrow Items, Borrawer shall pay them in the manner provided in Section 3.
<br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INS7RUMEN
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