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<br />premiums, if any, or any sums payable by Bc�rrow�r to Lender in lieu of the payment of Martgage
<br />Insurance pr�miums in accordance with the provisicins of Section 10. These items are callcd "I'scrpw
<br />Items." At originatian or at any time during the term of the I,aan, L.ender may reyuire that Community
<br />Association Dues, Fees, and Assessments, if any, bc escrowed by Borrower, and such dues, fees and
<br />ass�ssments shall be an �scrow Ttem. Borrower shall promptly furnish to L,ender all notices of amounts to
<br />be paid under this Section. Borrower shall pay Lender the Funds for Escrow Ttems unless Lender waivcs
<br />Borrower's obli$ation to pay ihc Funds far any or all Escrow Items. Lender may waivc: Borrawer's
<br />obligation to pay to Lcnder Funds for any ar all Escrow Items at any time. Any such waiver may only be
<br />in writing. Tn the event of such waiver, Borrower shall pay directly, when and wh�r� payable, the amounts
<br />due for any Bscrow Items far which payment of Nunds has been waived by Lender and, if I.ender requires,
<br />shall furnish ta I,�nder receipts evidencing such payment within such time periad as L.ender may require.
<br />Borrower's obligatic�n to make such payments and to provide receipts shall Pc�r all purpuses be deemed to
<br />be a cov�nant and agreement contained in this Security Instrument, as the phrase "cavenant and agreement"
<br />is used in Seclion 9. If Borrower is obligated to pay �scrow Items directly, pursuant to a waiver, dnd
<br />Barrower fails to pay the amount due for an Escrow Item, Lender may �x�rcise its rights under Section 9
<br />and pay such amount and Borrower shall then bc abligatcd undcr Sectic�n 9 to repay to L.ender any such
<br />amount. Lender may revoke the waiver as to any c�r all I:scraw Itexns at any time by a notice given in
<br />accordance with Section 1S and, upan such rer+ocatian, Barrower shall pay to Lender all Funds, and in
<br />such amounts, that are then required under this Sectian 3.
<br />Lender may, at any timC, collect and h�ld Funds in an amaunt (a) sufficient to permit I.ender to apply
<br />the Funds at the time specified under R�SPA, and (b) nUt to �xcasd the maxirnum amount a lender can
<br />require under RESPA. Le:nder shall estimate the amount af Funds due an the basis of current data and
<br />reasonable estimates of expcndilur�s cif future Escrow Items or otherwise in accordance with Applicable
<br />X,aw.
<br />The Funds shall be held in an institution whose deposits are insured by a fcderal agency,
<br />instrumentalily, c�r entity (including Lender, if Lender is an institution whose deposits are so insured) or in
<br />any Federal Home Loan Sank. T.ender shall apply the Funds to pay the Escrow Items no latcr than the time
<br />sp�cified under RESPA. Lender shall not charge T3orrower for holding and applying the Funds, annually
<br />analyxing tkie escraw account, or verifying the Escrow Ttems, unless X,ender pays Borrower interest on the
<br />Funds and Applicahl� Law perrnits L.ender to make such a charge. Unless an agreement is made in writing
<br />or Applicable Law requires interest ta be paid an the Funds, I,ender shall not be required to pay Borrower
<br />any interest or earnings on tkie Funds. Barrower and Lender can agree in writing, however, that interest
<br />shall be paid on the Punds. I,end�r shall give to Borrawet, without charge, an annual accounting of the
<br />I'unds as reyixir�d by RESPA.
<br />If there is a surplus of Funds held in escrow, as defined under RESI'A, �,ender shall account to
<br />Borrower for the excess funds in accordance with RESPA. If lhere is a shortagc af Funds h�ld in escrow,
<br />as defined under RESPA, T.ender shall n�tify I3arrower as rcquired by RFSPA, and Barraw�r shall pay lU
<br />Lender the amount necessary to makt; up the shortage in acc.ordance with RESPA, but in no mare than 12
<br />monthly payments. Tf ther� is a dcficiency af Funds held in escrr�w, as d�finsd under R�SPA, I.�nd�r 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 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 Punds held by Lendcr.
<br />4. Ctwrgcs; Liens. Borrower shall pay all taxes, ass�ssrnents, charges, fines, and impvsilions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFQRM INSTRUMENT �
<br />�-61NE) wai � i Pe � or i 5 initiais: �� Form 3028 1/01
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