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<br />premiurns, rf any, or any sums payabla by Borrower to Lender in lieu of the payment of Martgage
<br />Insurance prerniums in accordance with the provisions of Section 10. These items a� called "Escrow
<br />Items." At originatian or at any time during the term of the Loan, Lender may require that Community
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Sorrower, and such dues, fe�s and
<br />assessments shall be an Escrow Item. Borrower shall promptly furnish to Lender all norices of arnounts to
<br />be paid under this Section. Borrower shall pay Lender the Funds for Escrow Ttems unless Lender warves
<br />Borrower's obligation to pay the Funds far any or all Escrow Items. Lender may waive Horrower'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 />dua for any Escrow Items for which payment of Funds has been waived by Lender and, if Lender requires,
<br />shall furnish ko Lender receipts evidencing such payment within such time period as Ler►der may requira.
<br />Borrower's obligation to make such payments and to provide receipts shall for all purposes be deemed to
<br />be a covenant and agreement contained in tivs Sec;urity Instrument, as the phrase "covenant and agreement"
<br />is used in Section 9. If Borrower is obligated to pay Escrow ltems directly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due for an Escrow 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 Lendet axty such
<br />amount. Lender 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 Lender all �'unds, and in
<br />such amounts, that are then required under this Section 3.
<br />Lender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply
<br />the Funds at the time specified under RESFA, and (b) not to exceed the miaacimum amaunt a lender can
<br />require under RESPA. Lender shall estimate the aznount of Funds due on the basrs of current data and
<br />reasonable estimates of expenditures of future Escrow Itenns or otherwise in accordance with Applicable
<br />Law.
<br />The Funds shall be h.eld in an institution whose deposits are insured by a federal agency,
<br />instrumentality, or entity (including Letider, if Lender is an institution whose deposits are so insured) or in
<br />any Federal Home Loan Bank. Lender shall apply the �'unds to pay the Escrow Items no later than the time
<br />specified under RESPA. Lender shall not charge :Borrower for holding and applying the Funds, annually
<br />analyzing the escrow ac�ount, or verifying the �scrow items, unless �.ender pays Borrower interest on the
<br />Funds and Applicable Law permrts Lender to make such a charge. Unless ar► agreement is made in writing
<br />or Applicable I.aw requires interest ta be paid an the Funds, Lender shall not be required to pay Borrower
<br />any interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest
<br />shall be pard on the Funds. Lender shall give ta Sorrower, without charge, an annual accounting of the
<br />Funds as required by RESPA.
<br />If there rs a surplus of Funds held in escraw, as defined under RESPA, Lender 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 defined under RESPA, Lender shall notify Sorrower as requireri by RESPA, acad Sorrower shall pay to
<br />Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12
<br />monthly payments. If there is a deficiency of Punds held in escrow, as defined under RESPA, Lender shall
<br />notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make
<br />up the deficiency in accordance with RESPA, but rn no more thau 12 monthly paymerits.
<br />Upon payment in full af all sums secured by this Security Cnstrurnent, Ler�der shall promptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fixtes, and impositions
<br />attributable to t1�e Property which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Community Associatian Dues, Fees, and Assessments, if any. Ta
<br />the extent that these items are Escrow Items, Sorrower shall pay them in the manner provided in Section 3.
<br />2200072053 D v6ANE
<br />NFBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUM�NT WITH MERS
<br />�-6A(NE) lostol Pepe 5 of 15 inrtieis: ,�T �, Form 3�28 7/01
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