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201009085
<br />premiums, if any, or azay sunos payable by $ormwe�r to Lend�r in lieu af the payment of Mortgage
<br />Insurancc prenuurns in accordance with the prnvisions of 5ection 10, These items are calle� "Escrow
<br />Items." At origination or at any time during the term of the I.oan, L,ender may require that Commun�ity
<br />Association Ducs, Fecs, and Assessm�ts, if any, be eccrowed by Borrower, and such dues, fces and
<br />ass�ts shall be an Escrow Item. Borrower sball prom�dy fiirnish to I.ea�der all x�tic�cs af a�auncs to
<br />be paid under this Section. Borravver shall pay L,ender the Funds far Escmw Items unless Lsnder waives
<br />Borxower's obligation to pay the Funds for any or all Escrow Items. Y.ender may waive Borrower's
<br />abligation ta pay to T.e�der Funds for any or all Escrow Items at any timc. Any such waiver may only be
<br />in writiuxg. �n the event of such waiver, Horrower shall pay directly, whe� and wherc payable, the amounts
<br />due for any Escmw Items far vvhich payna�eant of Fun.ds b�as been vvaive� by Leader and, if Lender r�uires,
<br />shall furnish to L.ender receipts evidencing such payment wiChin such time period as I.ender may require.
<br />Borrower's obligation to malae such paymenta atad w provide receipts shall far all purposes be dce�ne�l to
<br />be a covenant and agreenaennt contained in this Secuxity Instrument, as the pbras� "covenant �nd agr�nnent"
<br />is used i.n SecC�ion 9. If Borrower is obligated to pay Escrow Ttems directly, pursuant to a waiver, and
<br />Sorrower fails to pay the anwwa�t due �or an Escrow Itea�, L�ade�r may exercise its rights under Section 9
<br />and pay such amount and Borrowcr s6a11 then be obligated under Section 9 to repay to Lend�r any such
<br />amauz�t. L.ender may r�.woke the waiver as to any or all Escrow Items at any time by a notice given in
<br />accordaace v�ith Seeti�on 1S and, upon such revoeation. Barrower sh,all pay to I.ender all Funds, and in
<br />Si1Ct1 81I1q1X11t5, 1.� AtC th,Cri TCQl11T'Gd 11t1dCT k�118 �10I13.
<br />T�ender may, az any time, collect and hold F�nds in an amount (a) sufficient to permit I.e�nder to apply
<br />the �Znds at the tirne sp�cified undex RESPA, and (b) not to ea�ceed the maxinnurn arnount a lender can
<br />require under RESPA. Len�cler sh�ll estimate the amount af Funds due an t�e basis of cucrent data and
<br />reasonable estivanates of expenditures of future Fscrow Items or atherwise in accordance �nvitlx Applicable
<br />1..aw.
<br />The Funds shall be he�d in an �inst�tutivn whose d�osits arc insured by a federal agency,
<br />instnunentality, or entity (inrdutding L�der, if I.ender is � institution whose deposits are so insur�d) or in
<br />any Fedexa� Hcnm;e Loatx Bank. L.ender sball a�rply the Funds W pay tlie Fscmw It�ns nn later than the tinue
<br />specified uaader RESPA. L.ender shall not charge Borrower for holding and applyiin.g ttae �unds, an�nually
<br />analyzing the escrow account, or verifying the �SCrow Items, unless Lender pays Bonrower int�rest on the
<br />Funds an�d Applicable Law p�rmits I� to make sucla a charge. Unless an agreennent is rnade in wriCi�n�g
<br />or Applicable I,aw requires interest ta be paid on the Funds, Lender s�h,all not be required ta pay $orrower
<br />any interest or earnings on the Funds. Borrower and I,ender can agree in writang, however� that in#erest
<br />shall be paid on the �unds. I.ender shall give to Borrower, without charge, an annual accounting of the
<br />Funds as required by RESPA.
<br />Yf there is a surplus o� k�nds held in e�ro�x+. as defin�d under RESPA, L�ender s�all accaunt to
<br />Borrower for the excess fwids in accordance with RESPA. If thene is a short�e of Funds held in escrow,
<br />as dcfined under RFSPA, I.ender sh�ll n�tify Bormwer as require� by RESPA, aad Borrower s�all pay to
<br />Leander the amount �essary ta makc up the shortagc in accordauce with RESPA, buC in no more than 12
<br />cc�nthly pay�aaents. If there is $ de�icie�c.y of Funds hcld in �se�row, as definerl under RESPA, Lender shall
<br />notify Borravv�r as reqwi,red by RESPA, and Bornower shall pay to L.ender the at�nount �ary to make
<br />up thc deficica�c�+ in accordance with RFSPA, but in na marc than 12 monthlY PaY�•
<br />Upn;a payment in full af all sums secured by this Securiry Insuu�ent, Lsnder shall prompdy refund
<br />to Borrowcr atry Funds h�ld by Le�der.
<br />4. Cltarge�; Li�ne. Borrovv�r shall pay all taxex, assessinents, charges, fines, and impositions
<br />attributable W the Properiy which can at�tain priarity or+er this Security Iustrument, leasehold payments or
<br />ground rents on the Property, if any, sud Comrnunity Association Dues, Fc:es, and Assessments, if any. To
<br />thc extent that these items aze Escrow Items, Borrower shall pay them in thc mann�er provided in Serxion 3.
<br />NEBRASKA - Single Family - Fannie MaelFreddip M� UNIFDRIW INSTitUMENT
<br />�-BIN�11ost t� �e 5 ot i d �nme�s: �, Form 30Z8 1l07
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