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201008731
<br />premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage
<br />Insurance premiums in accardance with ths provisians af Sectian 1Q. These iteins are called "Escrow
<br />Items." At originatic�n ar at any time during the term af the I.,aan, Lender may require that Community
<br />Association Dues, Fc:cs, and Assessmsnts, if any, be escrawe:d by Borrower, and such dues, fecs and
<br />assessments shall be an �scraw Item. Burrower sha11 prannptly furnish ta I,ender all notices af arnounts ta
<br />be paid undcr khis Section. Borrower shall pay L.ender th� Fnnds for BsGrnw Iterns unless Lend�r waiv�s
<br />Borrower's pbligation to pay the Funds for any or all Escrow Items. I.ender may waive Borrower's
<br />obligation to pay to Lender Funds for any or all Escrow Items at any time. 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 �scrow Ttems for which payment of Funds has been waived by Lender and, if I.ender requires,
<br />shall furnish to T.ender rcceipts evidencing such payment within such time period as I,ender may require.
<br />Borrower's obligation to rnak� such paymc:nts and to provide receipts shall for all purposes be deemed to
<br />be a covenant and agreement contained in this Security Tnstrument, as the phrase "covenant and agreernent"
<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 �scrow Item, Lender may exercise its rights under Section 9
<br />and pay such amount and Borrower shall then be obligated under Section 9 to repay to L,ender any such
<br />amount. Lender may revak�: I:hc waiver as tU any Ur all Escrow Ttems at any time by a notice given in
<br />accordance with Seclic�n 15 an�, upqn such revocatian, I3orr�wer shall pay to Lender all Punds, and in
<br />such amaunts, that are then required under this Section 3.
<br />Lender may, at any time, collect and hold Funds in an amount (a) snfficient to perrnit Lender to apply
<br />the Funds at ttxe time specified under R�,SPA, and (b) not ta exceed the maximum amaunt a lender can
<br />requir� und�r R�SPA. Lender shall estirnate the amount of Funds due on the basis af currenl data and
<br />reasonablc cstimates uf expettditures of future Bscrow Items �r otherwise in accordance with Applicable
<br />I.aw.
<br />The Funds shall be hcld in an institution whose deposits are insured by a federal agency,
<br />instrumentality, or entity (including Lender, if I.,�nd�r is an ins[itution whose deposits are so insured) or in
<br />any Federal Hame I.aan Bank. L�nd�r shall apply the Funds to pay the �scrow Items no later than the time
<br />specified under RFSPA. L.ender sha.11 nat charge Borrowc:r far holding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the Escrow Ilcros, uriless I.ender pays Borrower interest on the
<br />Funds and Applicable Law permits L.ender to make such a charge. Unless an agreement is made in writing
<br />or Applicable Law requires interest to be paid on the Funds, I.�nd�r shall nUt b� r�quired to pay Borrower
<br />any interest ar earnings on the Funds. Barrawur and I.�nd�r can agree in wri[ing, however, that interest
<br />shall be paid on thc Funds. Lender shall give to Borrower, withaut charg�, an annual accc�unting of the
<br />Funds as requirsd by RESPA.
<br />If there is a surplus of Funds held in escraw, as defin�d und�r R�SPA, Lender shall account to
<br />Borrower for the excess funds in accordance with RESPA. If t1�er� is a shorlag� Uf Punds hcld in escrow,
<br />as defined under RE5PA, T.ender shall notify Borrower as required by R�SPA, and Barrawer shall pay to
<br />Lender the amount necessary to make up the shortage in accordance with RESPA, but in no rapr� than 12
<br />monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Borrower as requir�d by RESPA, and Borrower shall pay to Lender the amount necessary to mak�
<br />up the deficiency in accordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Tnstrument, T.ender shall promptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Char�es; Lierts. Borrawer shall pay all taxes, assessments, charges, fines, and iinpositions
<br />attribulable tv thc Praperty which can attain priarity ovcr this Security Tnstrument, leasehold payments or
<br />graund rents an ths Property, if any, and Carnrnunity Ass�ciation Ducs, r'ees, and Assessments, if any. `1'0
<br />the extent that these iterns are Escrow Items, Bprrpwer shall pay thcm in the manner provided in Section 3.
<br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFnRM INSTRUMENT
<br />�-6�NE► iosi i� Paqe 6 of 15 i��t�eig: Form 3028 1Ip7
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