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<br />premiurns, if any, or any sums payable by Borrower to Lender in lieu of the paymcnt of Mortgage
<br />Insurance premiums in accordance with the provisions of Section 10. These items are callad "Escrow
<br />Itexns." At origination or at a�y tirne during the tenm af the Loan, Lezider may require that Comrnurnity
<br />Association Dues, Fees, and Assessments, if any, be eserowed by Borrower, and such dues, fees and
<br />assessments shall be an Escrow Item. Sorrower shall promptly furnish to Lender all n�tices of amounts to
<br />be paid under this Section. Sorrower shall pay Lender the Funds fnr Eserow Items unless Lender waives
<br />Borrower' s obligation to pay the Funds for any or all Escrow Items. Lender may waive Borrower' s
<br />obligatian to pay to Lendex �unds for any or all Escrow Items at any time. Any such waiver rnay o�ly be
<br />rn writing. In the event of such waiver, Horrower 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 r�quires,
<br />shall furnish to Lender reccipts evidencing such payrnent within such time period as Lender may require.
<br />Sorrower' s obligation to make such payments and to provide receipts shall for all purposes be d�ned to
<br />be a covenant and agreement contained in this Security Instrument, as the phrase "covenant and agreement"
<br />ia used in Section 9. If Borrawer is obligated to pay Escraw It�ns directly, pursuant to a waiver, and
<br />Sorrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under 5ection 9
<br />and pay such amaunt and Borrower shall th�n be obligated under Section 9 to repay ta Lender aray such
<br />amount. Lender may revoke the waiver as to any ar all Escrow Items at any time by a notice g�iven in
<br />accordance with Section 15 and, upon such revocation, Borrower shall pay ta Lender all k'unds, and in
<br />such amounts, that are thcn :required under this Section 3.
<br />Lender may, at any rirne, collect and hold Funds in an arnount (a) sufficient ta permit Lender to apply
<br />the Funds at the tizt�e specified under RESPA, and (b) not to exceed the maximurn arnount a lender c�
<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 accordaace 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 I.oan Bank. Lender shall apply the Funds to pay the Escrow Itenns no late�r than the time
<br />specified under RESPA. Lender shall not charge Borrower for k►olding and applying the Funds, mnnually
<br />analyzing the �scrow account, or verifying thc Escrow Items, unless I.ender paya Borrower interest on the
<br />Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is rnade in writing
<br />or Applicabla Law r�uires interest to be paid on thc Funds, Lender shall not be required to pay Horrower
<br />any interest or earnings an the Funds. Borrower and Lender can agree in writing, howevex', that interest
<br />shall be paid on the Funds. Lender shall give to Sorrower, without charge, an annual accounting of the
<br />Funds as requir� by RESPA.
<br />If there is a surplus of Fu�ds held in escrow, as defined under RESPA, Lender shall account ta
<br />Borrower for thc excess funds in accordanc.� with RESPA If there is a shortage of Funds held in escrow,
<br />as defin� under RESPA, Lender s�all notify Borrower as required by RESPA, and Borrower shall pay to
<br />Lender the amount necessary to make up the shortage in accordance with RESPA, but in no mare than l2
<br />monthly payments. If tliere is a deficiency oaF k'unds held in escrow, as defined under RESPA, Lender shall
<br />notify Borrower as required by RESPA, and Horrower shall pay ta Lender the amaunt necessary ta make
<br />up the deficiency in accardance with RESPA, but in no rnare than 12 monthly payments.
<br />LTpon paymerat in full of all sums secured by this Secua-ity Inslrument, Lender shall promptly refund
<br />to Barrower any Funds held by Lender.
<br />4. Charges; L�tens. Barrawer shall pay all ta7ces, assessnnents, charges, fines, and impositions
<br />attributable to the Froperty which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on thc Property, if any, and Cornmunity Association Dues, Fees, atzd Assessments, if any. To
<br />the extent that these itsms are Escrow Ttems, Barrower shall pay them in tlie rnanner provide� in Section 3.
<br />22QOQ68229 D V6AN�
<br />NEBRASKA - Single Fsmily - Fannle Mae/Freddla Mac UNIFORM INSTRl1MENT WI"f'H
<br />�-6A(NE) (0810) Paee 5 of 15 Ini6ala: � �o1m 3Q28 1/01
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