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<br />premiums, if any, or any surns payabls by Borrower to Lender in lieu of the payment of Mortgage
<br />Insurance premiums in accardance with the provisians of Section 10. These items are called "Escrow
<br />Iterns. " At origination or at any time during the term of the Loan, Lender rnay require that Community
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessrnents shall be an Escrow Itern. Borrower shall promptly furnish to Lender all notices of amounts 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 Items. I,ender may waive Borrower's
<br />obligation to pay ta Lender Funds for any or all Escrow Iterns at any time. Any such waiver may only be
<br />in writing. In the event af such waiver, Borrower shall pay directly, when and where payable, the amounts
<br />due for any Escrow Items for which payment of Funds has been waived by Lender and, if Lender requires,
<br />shall furnish to Lender receipts evidencing such payrnent within such time period as Lender may require.
<br />Borrower's obligation to make such payments and ta provide receipts shall for all purposes be deemed 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 />Barrovver fails to pay the arnount 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 Seccion 9 to repay to I,ender any such
<br />amount. L,ender may revoke the waiver as to any or all Escrow Items at any time by a notice given in
<br />accordance with Section 15 and, upon such revocation, Borrower shall pay to Lender all Funds, and in
<br />such amaunts, that are then required under this Section 3.
<br />L,ender may, at any time, callect and hold Funds in an amaunt (a) suf�icient to permit Lender to apply
<br />the Funds at the time 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 accardance with Applicable
<br />Law.
<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 shall not charge Borrower for holding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the �scraw Ttems, unless Lender 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, Lender shall not be required to pay Borrower
<br />any interest ar earnings on the Funds. Borrower and L,�nder can agree in writing, however, ihat interest
<br />shall be paid on the Funds. Lender shall give to Bonower, without charge, an aiuival 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 sha11 account to
<br />Borrower for the excess funds in accordance with R�SPA, If there is a shortage of Funds held in escrow,
<br />as de�ined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to
<br />Lender the amount necessary to nr�alce up the shartage in accordance with RESPA, but in no more than 12
<br />rnonthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Borrower as required by RESPA, and Borrower shall pay to I.ender the arnount necessary to make
<br />up the deficiency in accordance with RESFA, buc in no more than 12 monthly payrnents.
<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 taxes, assessments, charges, fines, and impositions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Community Association Dues, Fees, and Assessrnents, if any. To
<br />the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />NEBRASKA - Single Family - Fpnnie MaalFraddia Mac UNIFORM INSTRUMENT c � . �
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