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<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 the provisions of Section 10. Th�se items are called "Escrow
<br />Items." At origination or at any time during the term of the Loan, I.ender may require that Community
<br />Association Dues, F��s, and Assessrnents, if any, be escrowed by Borrower, and such dues, fees and
<br />assessments shall be an Escraw Item. $arrawer shall pramptly furnish to L.�nder all notices of amounts to
<br />be paid under this Section. Borrc�wer shall pay L,ender the Funds for Escrow Ttems unl�:ss I,endcr waivc:s
<br />Borrower's obligation ta pay the Funds f'or any or all Escrow Items. I,ender may waiv� SarrawGr's
<br />ohligatiUn ta pay lo L.ender Funds for any or all �scrow Ttcros at any tim�. Any such waiver may only be
<br />in writing. In the �v�nt of such waiver, Borrower shall pay direckly, when and where payable, the amounts
<br />due far any Escrow Items for which payment of Funds has been waived by Lender and, if l.ender requires,
<br />shall furnish to Lender rc:ceipls �vic��ncing such payment within such time period as I.ender may require.
<br />Borrower's obligation to make such payments and to provide receipts shall for all purposes b� de�m�d tC�
<br />be a covenant and agreement contained in this Security Instrument, as the phrasc "cov�nant and agreement"
<br />is used in Section 9. If F3orrawer is obligated to pay �scrow Items directly, pursuant to a waiver, and
<br />T3orrower fails to pay the amount due for an Escrow Ttem, l.ender may exercise its rights und�r Seetic�n 9
<br />and pay such amount and Brarrawer shall then be obligated under Section 9 to repay to I.ender any such
<br />amount. Lender may revoke the waiver as to any or all Escrow Items at any time by a natic� giv�n in
<br />accordance with Seclion 15 and, upon such revocation, Borrower shall pay to I,ender all Funds, and in
<br />such amounts, that are then required under this Section 3.
<br />Lender may, at any time, collect and hold f�unds in an amount (a) sufficien[ lu p�rmit L�nder lu apply
<br />the Funds at the time specified under RESYA, and (b) not to exceed the maximum amUUnt a lender can
<br />require under RESPA. Lender shall estimate the amount of Punds due on the basis eyf curr�nt data and
<br />reasonablc estimat�s of expenditures of future �scrow Items or otherwise in accordance with Applicablc
<br />Law.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency,
<br />instrumentality, or cntity (including Lender, if Lender is an institution whose deposits are so insured) or in
<br />any I'�deral Horne Loan Bank. Lender shall apply the Funds to pay the Escrow Items na later than lhe time
<br />specified under RESPA. I.ender shall not charge Borrower for holding and applying th�: Funds, annually
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Barrawer int�rest Un th�
<br />Funds and Applicable Law permits Lender to make such a charge. Unless an agr�t;ment is made in writing
<br />or Applicable Law requires interest to be paid on [he Punds, I,tnder shall nat be required to pay Ba�'awer
<br />any interest or earnings on the Funds. Borrower and I.end�r c.an agr�� in writing, however, that interest
<br />shall be paid on the Funds. Lender shall give to Borrower, withaut charge, an annual accounting of the
<br />Funds as required by RESPA.
<br />If there is a surplus of Funds held in cscraw, as defin�d und�r RESPA, Lender shall account to
<br />�3orrower for the excess funds in accardance with R�SPA. If there is a shortage of Funds held in escrow,
<br />as defined under RESPA, L�nder shall nqtify Borrower as required by RESPA, and Borrower shall pay to
<br />L,ender the amount necessary ta make up ths shartage in accardance with RESPA, but in no more than 12
<br />monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, L.ender shall
<br />notify Borrower as required by RI:SPA, aand Barrawer shall pay to I.,ender the amount necessary ta make
<br />up the deficiency in accardance rvitl� RESPA, but in na mare than 12 tnanthly payments.
<br />Upon payment in full af all sums sccured by this S�c;urity Ir�strum��nt, L.ender shall pramptly refuand
<br />to Borrower any I'unds held by I,ender.
<br />q. Charges, Liens. Borrower shall pay all taxes, assessments, charges, fines, and iinpositions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on the Property, it� any, and Community Association Dues, Nees, and Assessments, if any. 1'0
<br />the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />NEBRASKA - 5ingle Fsmily - Fannie MaelFreddie Mac UNIFORM INSTRUMENT
<br />�-61NE) �aai i� Paqe 6 of 16 �nitia�s: Form 3028 1I01
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