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<br />shall not charge Borrower for holding and applying the F'unds, annually analyzing thc escrow account, or verifying
<br />the Escrow items, unless Lender pays Borrower interest on the Funds and Applicable Law permits I,ender to make
<br />such a char�e. Unless an agreement is made in writing or Applicable Law requires interest to be paid on the Funds,
<br />Lender shall not be required to pay Borrower any interest or earnings on lhe Funds. I3orrower and Lender can agree
<br />in writing, however, that interest shall be paid on the Funds. Lender sh�►II give to Borrower, without charge, an
<br />annual accounting of the Funds as required by RESC'A.
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to Borrower
<br />for the excess funds in accordance with RESFA. If there is a shortage of Funds held in escrow, as defined under
<br />RFSPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount
<br />necessary to make up thc shortage in accordance with RESPA, but in no more than 12 monthly payments. If there is
<br />a deficiency of F'unds held in escrow, as defined under RESFA, Lender shall notify Borrower as required by
<br />RESPA, and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with
<br />RESPA, but in no more than 12 monthly payments.
<br />Upon payment in f`ull of all sums secured by chis Security lnstrument, Lender shall promptly refund to
<br />Borrower any Funds held by Lender.
<br />4. Char�es; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Property which can attain priority over this Security instrument, leasehold payments or ground
<br />rents on the Property, if any, �►nd Community Association Ducs, Fecs, and Assessments, if any. To the extent that
<br />these items are Escrow Items, Barrower shall pay them in the manner provided in Section 3.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless
<br />Borrower: (a) a�rees in writing to the payment of the obligation secured by the lien in a manner acceptable to
<br />L,ender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or
<br />defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the
<br />enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded; or (c)
<br />secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security
<br />Instrument. If Lender determines ihat any part of the Property is subject to a lien which can attain priority over this
<br />Security lnstrument, Lcnder may give Borrower a notice identifying the lien. Within 10 days of thc date on which
<br />that notice is given, Borrower shall satisfy the lien or take on� or more of the actions set forth above in this Section
<br />4.
<br />Lender may require Sorrower to pay a one-time charge for a real estate tax verification and/or reporting
<br />service used by Lender in connection with this Loan.
<br />S. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the
<br />Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards
<br />including, but not limited to, earthyuakes and floods, for which Lender requires insurance. This insurance shall be
<br />maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender
<br />r�quires pursuant to the preceding sentences can change during the tcrm of the Loan. The insurance carrier
<br />providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice,
<br />which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this I,oan,
<br />either: (a) a one-time charge for flood zone determination, certification and trackin� services; or (b) a one-time
<br />charge for flood zone determination and certification services and subsequent charges each time remappings or
<br />similar changcs occur which reasanably might affect such determination or certification. Borrowcr shall also be
<br />responsible for the payment of any fees imposed by the Federal Emergency Management Asency in connection with
<br />the review of any tlood zone determination resultin� from an objection by Borrower.
<br />lf Sorrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage,
<br />at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount
<br />of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's
<br />NEBRASKA-Singlc Family-Fannie Mae/Freddie Mac LJNIFQKM IN5"CRUMEN'1' Form 3028 1/0
<br />b(NE) (0811) Page 5 of I S
<br />lnitials:
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