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<br />prcmiums, if any, or any sums payablc by Borrpwu�t lc� Lcndcr in lic°u �f thc paymcnt of Mort�a�c
<br />Insutance premiums in accordauce with the provisions of Section 10. Thesc items arc called "Escrow
<br />Items." At origination or at any time during the tertn �f the Lc�an, Lender tnay reyuire that Comrnunity
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assestimeniti �hall be an F.�;�:row Ilem_ Burrower vhall prc�mptly furnish lo I,ender all nc�liceti nf amounla to
<br />be paid under this Section. Barrower shall pay Lender the Funds for Escrow It�ms unless Leildc�r waives
<br />Borrower's obligation to pay the Punds for any or all F.scrow Iterns. Lender may waive Borrnwer's
<br />obligation to pay to Lender Funds for any nr all Escrow Items at any time. Any such waiver may only be
<br />in writing. In the event of such waivcr, Borrowcr shall pay dircctly, when and whcre payablc, the amounts
<br />due for any Escrow Items for which payment ot' Punds has been waived by Lender and, if Lender requires,
<br />:�hall furnish to Lender receipts evidencing such paymart within such time period as Lender may require_
<br />Bonower's obligation to make such paym�nts and to provide receipts shall for all purposes be deemed to
<br />be a covenant and agreement containecl in lhiti See;urity Instrument, ah lhe Phrase "covenant and agreemenC"
<br />is used in Se�tion 9. If Barrowet is obligated to pay Escrow Items direc:tly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due for an Escrow Ttem, Lender may exercise its rights under Section 9
<br />and pay such amount and Borrowcr shall then be obligated under Sectio❑ 9 to repay t� I.�ndet any such
<br />amount. Lcndcr may rcvokc thc waivcr as to any or all Escrow Itcros at any time by a noticc �ivcn in
<br />accordance with Section 15 and, upon such revocation, Sorrower shall pay to Lender all Funds, and in
<br />such amounts, that are then required under this Section i.
<br />Lender may, at any time, cnlle�t and hold Funds in an amount (a) sufficient to permit Lender to apply
<br />lhe Funds at the time specified under RF.SPA, and (b) nol to exceed the maximum amount a lende�r can
<br />rcquire under RESPA. Lender shall estimate the amount of Punds due on the hasis of currenC dala and
<br />teasonable estiinates of expenditures of future F,scrow Itenis or othetwise in accotdance with Applicable
<br />Law.
<br />The I'unds shall be hcld in an institution whose deposits are insured by a federal agency,
<br />instrumentality, or cntity (including Lender, if Lendcr is an institution whose dcposits are so insurcxi) c�r in
<br />any Fedetal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time
<br />spccified under RESPA_ Lender shall not charge Borrower for holding and applying the Funds, :uuivally
<br />analyzing the escrow account, c.�r verifying lhe F.ticruw Itema, unle�s Lender pays Borrower intcrest on lhe
<br />Funds and Applicable Law permits Lender to make such a charge. Unle�s an agreement is made in writing
<br />or Applicable Law requires interest to be paid on the Funds, Lendet shall not be requited to pay Borrower
<br />any interest or earnings on the I'unds. I3�rrower and Lender can agree in writing, however, that interest
<br />shall be paid on the Funds. Lender �hall give to Borrower, without charge, an annual accounting of the
<br />Funds as rcyuired by RESPA.
<br />If there is a surplus of Funds held in escmw, as deFncd under RESPA, Lender shall 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 deGnecl under RF,�PA, I..ender shall notify Burruwer ati reyuirect hy RF,SPA, and Bcnrower t;hall pay to
<br />Lendet the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12
<br />monthly paym�ts. If there is a deficiency of Funds held in escrow, as de�ned under RESPA, Lender shall
<br />pntify Iiarrower as required by R�SPA, and I3otrawer shall pay to Lender the amount necessary to make
<br />up the deficiency 'rn accordance with RESPA, bnt iu no more than 12 monthly payments.
<br />Upon payment in full oF al1 surns se�ured by this Security Instnxment, Lendcr shall promptly rcfund
<br />to Borrower any Pnnds held by Lendcr.
<br />4. Chargea�; Liens. Borrower shall pay all taxes, assessments, charges, fines, and irnpositions
<br />altribulahle lc> lhe Properly which can attain priorily over lhiti Sec;urity Insirumenl, IeaSehold Payments or
<br />gtound rents on the Property, if any, and Cornmunity Association Dues, Fees, and Assessmenis, if any. To
<br />the extent that the�e items are Escrow Items, Borrowet shall pay thein in the ruanner provided in Section 3.
<br />3461498 3461Q98
<br />NEBR4SKA - Single Family - Fannia Mae/Freddle Mac UNIFORM INSTRUMENT VVI M�R
<br />�-6A(NE) �oa � o) P�e 5 of 15 Initlele��� Form 3028 ����
<br />G03005 9q��qyg
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