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<br />premiums, if any, or any sums payable by Borrawer to Lender in lieu of tl�e payment of 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, Lender rnay require that Community
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessments shall be an Escrow Item. Borrawer shall pramptly furnish to Lender all notices of arnounts to
<br />be paid under this Section. Borrower shall pay Lender the Funds for $scrow Items unless L.ender waives
<br />Borrower's obligation to pay the Funds foz' any or all Escrow Items. Lender may waive Borrower's
<br />obligatian to pay to Lender Funds for any or all Escrow Iterns 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 Escraw Items for which payment af Funds has been waived by I.ender and, if Lender requires,
<br />shall furnish to Lender receipts evidencing such payment within such time period as l...ender may require.
<br />Barrower's obligation to make such payments and to provide receipts shall for all purposes be deetned 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 Eserow Item, �.ender may exercise its rights under Section 9
<br />and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such
<br />amount. I.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 L,ender a�l �'unds, and in
<br />such amounts, that are then required under this Section 3.
<br />Lender may, at any time, callect and hold Funds in an amount (a) sufficient to permit Lender to apply
<br />the Fwnds at the time speci�ed under RESPA, and (b) not ta exceed the rnaximurn arnount 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 />�.aw.
<br />The Funds shall be held in an institution whose deposits a.re 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 Fe�eral Home L.oan Bank. Lender shall apply the Funds to pay the Escrow Items no later than tk►e tinr�e
<br />speci�ed under RESPA. Lender shall not chazge Borrower for holding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Bonower interest on the
<br />Funds and Applicable I..aw permits T.,ender to make such a charge. Unless an agreernent is rnade in writing
<br />or Applicable Law requires interest to be paid on the Funds, L.ender shall not be required to pay Borrower
<br />any interest or earnings on the Funds. Borrower and Lender can agxee in writing, howev�r, 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, T.,eander shall account to
<br />Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow,
<br />as de�ne� under RESPA, Lender shall notify Bonower 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 rnore than 12
<br />monthly payments. If there is a deficiency of Funds held in escraw, as defined under RESPA, Lender shall
<br />notify Borrower as required by RESPA, and Borrower shall pay to Lender the arnount necessary to rnake
<br />up the deficiency in accordance with RESPA, but 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 l.ender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessrnents, charges, fines, and irnpositions
<br />attributable to the Property which can attain priority over this Seeurity Instrument, leasehold payments or
<br />graund rents on the Property, if any, and Community Association Dues, Fces, and Assessrnents, if any. To
<br />the extent t]tat these items are Escrow Items, Borrower sha11 pay them in the manner provided in Section 3.
<br />NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INS7RUMENT
<br />�-6(NE) loei i) Paga 5 of 15 i��s�eig: Form 3028 1l01
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