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201008944
<br />1111055716
<br />Mort�age tnsurance premiurns, if any, or any surns payable by Borrower to I,ender in lieu vf the payment pf Mortgage
<br />Cnsurance premiums in accordance with tha provisions af Section ]0. Thosc items arc oalled "Escrow Items." Ac oi•igination ar
<br />at any tlme durin� thc term af the Loan, C,ender may requirE that Community Association Dues, Fees, and Assessments, if any,
<br />be escrowed by $orrower, and such dues, fees and assessments shall be an Escrow Ttem. Borrower shall pramptly furnish to
<br />Lender atl notices of amounts to be paid under this Section. Borrpwer shall pay Lender the Funds for Escrow Items unless
<br />I.ender waives $orrower's obligation to pay the Funda far any or all Escrow Ttems. I,ender may waive Borrower's abligation to
<br />pay to Lender Funds fpr any ar atl Escrow ltcros at any time. Any suc� waiver m,ay anly be in writing. In the event oE such
<br />waiver, �orrower slaall pay directly, when and where payable, the amounts duc for any Escrow Fte�ns for which payment of
<br />Funds has been waived by Lender and, if Lender requires, shall furnish to �,ender receipts evidencing suctr payment within
<br />such time period as Lendcr may requirc. Snrrnwer's abligation to rnake such payments and tv prvvide receipts shall far all
<br />purposes be deemed to be a cavenant and agreement cantained in this Security Instrument, as tite �hrase "oovenant �nd
<br />agreement" is used in Section 9. [f Bnxrowar is obligatcd to pay �scrow ltems darectly, pursuant co a waiver, and �orrower
<br />fails to pay the amaunt due for an Escrow Item, Londer may exercise its rights under Sectian 9 and pay such amounc and
<br />Borrc�wer shall the�� he obligated under Section 9 to repay to Lender any such amount. T.,ender may revake the waiver as to ai�y
<br />or all �Esarow Items at any time by a notice �iven in accardance with 5ection 15 and, upon such revacatioi3, �3on�awew shall pay
<br />to Lendcr all Funds, and in such amounts, that are then requircd under this Section 3.
<br />[..endar may, at any time, collect and hold Funds in an ampunt (�) Suf�Cicnt tp pern�it Lender Co apply the Funds at thc
<br />time specit"ied under RESPA, ai�d (b) not to exceed the rriaximum amount a iender can require under RESPA. Lender shall
<br />estimake thc amount of Funds due on titie basis of carrent data and reasonable estimates af expenditures of future Bscrow ttems
<br />ar otherwise in accordance with Applicable Law,
<br />The Funds shal] be held in an institution whase deposits are insw•ed by a tederal agency, insu�umentaCity, or entity
<br />(including �nder, if i.ender is an institution whase depasits axc so insuret!) ar in any Federal I�ome Laa�� Hank, �,ender shall
<br />apply the Funds to pay the Escrow ltems no later than the time specified under R�SPA, Lcnder shall nqt charge Bprrower for
<br />hotding and applying the F'unds, annually analyzing tl�e escrow account, or verifying the Esorow ltc�t�s, Unless Lender pays
<br />Borrower interest on thc Funds and Applicable Law permics Lender tp make such a Gharga. Unless an agreement is made in
<br />writin� or Applicablc Lasw requires intarest to be paid an ihe �unds, I.ender shall not be required to pay Barrower any interost
<br />ar earnings oi� the �'unds. Borrower and Lender can a�ree in writing, however, that interest sha.11 Ue paid na� tha Funds. Lender
<br />shall give tn Barrawer, wirhout char�e, an annual accounting af the Funds as required by It$SPA.
<br />Ir there is a surplus of Funds hefd in escrow, as dsfined under RESFA, Lender shall account to Bon•owar for the
<br />exaess funds in accordance with RESPA. If therc is a shortage of Funds held in escrnw, as defined under RESPA, I,ender shall
<br />nutify Borrower as required by �tESPA, and Borrower shall pay to Lender the arnount necessary to make up tha shartage in
<br />accnrdance with RESPA, hut in no rnore than t2 mdnthly payrnentS. if there is a defiGieney oF Funds held in �scrow, as de�ned
<br />uncfer �tFSAA, Lender ahall natify Bon•owcr as required by FtESPA, and 8orrower shall pay to l.ender the amour�t necessary to
<br />�nake up thc deficiency in accordance with RESPA, but in na mare than l2 ananthly paymants,
<br />Upon pay►ncnt in full of al1 sums seaured by this Security Instrument, Lender shall pxo�nptly refund to Borrawer any
<br />Funds hetd by Lender_
<br />4. Char�es; Liens. Barmwer shall pay all taxes, assessrnei�ts, charges, �nes, and impositions attri6utable to thc
<br />Praperty which can attain priority nver this Security Instrument, leasehold paymenrs or ground rents on the Prape�•ty, if any,
<br />and Cotnmunity Assaciatian Dues, Fees, and Assessman[s, if any. To the extent that theso items ara �scrow Tcems, HnrrQwer
<br />shal! pay them in the manner provided in Saction 3.
<br />�orrower sliall pramptly dischar�e any lien which has priority over tliis Security Tnsavment unless Borrnwer: (a)
<br />a�re�s in writing to thc paymen.c of the obligation seoured by thc licn in a rnanner acceptable to Lendar, but only so long as
<br />Borrower is perfonni��g such agreement; (b) contests the lien in good faich by, or defends against enforcernent of thc lien in,
<br />legal proceedings which in Lender's apinion operate to prevent che enfarcement of the tien while those praceedii�gs are
<br />pending, but only until such proceedings are concluded; or (c) secures fronci the hatder of the lien an agreement satis(actary to
<br />Lander subordinating the lien to this Security Inatrument. If Ler►der detcrinines that any �art pf tha Arqperty is subject to a lien
<br />wl�ich can actain priority over this Security Insh I.ender may giv� Barrower a notice identiFying the lien. Within 10 days
<br />af lh� daCe on which that notice is given, Borrower st3a11 satisfy the 1"s�n or take pue o�• inore oFthe actiaiis set forth above i»
<br />this Section 4.
<br />Lender may require 6orrower to pay a one-time charge for a real estate tax verification and/or reporting service used
<br />by T,4nder in cvnnection with khis Loan,
<br />NEBRASKA--Single Famity--Fwnnie Mae/Freddle Mac UNIFORM IN5'C�iCJML�N7
<br />�+ 338.� Page q of f 3 Form 3D281(Ol
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