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<br />premiums, if any, or any sums payable by Bonower to Lender in lieu of the payment of Mortgagc
<br />Insurance premiums in accordance with the provisions of Saction 10. These items are called "Esc7row
<br />Items." At origination ar at any time during the term of the Loa�, Lender may require that Community
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees ar�d
<br />assessments shall be an Escrow Itex�a. Borrowe�r sha11 prornptly furnish to Lender all notices of amounts to
<br />be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items u.nless Leinder waives
<br />Horrower' s obligatian to pay the Funds for any or all Escrow Items. Lender may waive Borrower' s
<br />obligation to pay to Lender Funds for a�.y or all Escrow Items at any time. Any such waiver may only be
<br />in writing. In the event of such waiver, Horirower shall pay directly, when and where payable, tb.e amounts
<br />duc for any Escrow Items for which payment of Funds has been waivad by Lender and, if Lender requires,
<br />shall furnish to Lender receipts evidencing such payment 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 deeme� to
<br />be a covenant and agreement contained in this Security Instrument, as the phrase "covenant and agre�nnent"
<br />is used in Section 9. �f Horr�wer is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due for an Escrow Item, L,ender rnay e7cercise its rights under Section 9
<br />and pay such araount and Borrower shall then be obligated under Section 9 to repay to Lender any such
<br />amou�at. Lender may xevoke the waiver as to any or all Eserow Items at any time by a notice given zn
<br />accordance with Section 15 and, upon such revocation, Horrower shall pay to Lender all Funds, and in
<br />such amounts, that are then required under this Section 3.
<br />Lendec may, at az►y time, collect and hold Punds in an amount (a) sufficient to perinit Lender to apply
<br />the Funds at the time specified under RESPA, and (b) not to exceed the maximum amount a lender can
<br />require under RESPA. Lender shall estimate tbe amount nf Funds due on the basis of current data and
<br />reasonable estimiates of expenditures of future Esc;row Iterns or otherwise in accordance with Applicable
<br />Law.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency,
<br />instru�tientality, or entity (including Lender, if Lender is an institution whase deposits are so insured) or in
<br />any Federal Home Loan Bank Lender shall apply the Funds to pay the Escrow Items no later thaxi the time
<br />specified under RESPA. Lender shall not chazge Bonower for holding and applying tha Funds, an�ually
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Sarrower interest on the
<br />Funds and Applicable Law permits Lender to makc such a charge. ilnleas an agreement is mad� in writing
<br />or Applicable Law requires interest to be paid an the Funds, Lender shall not be required to pay Borrower
<br />any interest ar earnings on the F'unds. Borrower and Lender can agree in writing, h�wever, that interest
<br />shall be paid on the Funds. Lender shall give ta Borrower, without charge, an annual accounting af the
<br />Funds as raquired by RESPA
<br />If there is a surplus of Funds held in escrow, as defined under RLSPA, Lender shall account to
<br />Borrower for the excess funds in accardance with RESPA. If there is a shortage of Funds held in e.qcrow,
<br />as defined under RESPA, Lender shall notify Borrowcr as required by RESPA, and Borrower shall pay to
<br />Lender the amaunt necessary to make up the shortage in accordance with RESPA, but in na more than l2
<br />monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Barrower as required by RESPA, and Sorrower shall pay to Lender the amount necessary ta make
<br />up the deficiency in accordance with RESPA, but in no more tlaan 12 monthly payments.
<br />Upan payment in full of all suws secured by this Security Instrument, Lender shall promptly refund
<br />to Borrower any Funds held by Lendcr.
<br />4. Charges; Liena. Borrower shall pay all ta7ces, assessz�aents, charges, fines, and impasitions
<br />attributable to the Property which can attain priority over this Security Instrvment, leasehold payments or
<br />ground renis on the Froperty, if any, and Community Association Dues, Fees, and Assessmeints, if any. To
<br />the extent that these items are Escxow Items, Borrower shall pay thern in the manner provided in 5e�tion 3.
<br />22�0070924 D V6AN�
<br />NE.BRASKA - Single Family - Fannle Mae/Freddle Mac UNIFORM IN57'RUMENT WITH M��S
<br />�-gA(Nq �oaioi Paga 5 af 15 i,,;� � Farm 3028 1/�1
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