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201009112
<br />premiums, if any, or any sums payable by 13orrower ta T..ender in lic;u af the payrnent of Mortgage
<br />Insurance premiums in accordance with the provisions �f S�cti�n 1Q. These items are called "�,scrow
<br />Ttems.'" At ariginatipn �r at any tirne dur'rng the term of the Loan, Lender may require that Community
<br />Association Dues, F��s, and Asssssments, if any, b� sscrowed by Borrower, and such dues, fees and
<br />assessments shall b� an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to
<br />bc paid under this Sectian. Borrawer shall pay L.ender the Funds for Escrow Ttems unless Lender waives
<br />Borrower's Ubligatian to pay the Funds for any or all Escrow Items. l.ender may waive Borrower's
<br />vbligatian tv pay la L.ender Funds for any or all Escrow Items at any time. Any such waiver may only be
<br />in writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the amounts
<br />due for any Escrow Items for which payment of Funds has been waived by Lender and, if T.ender requires,
<br />shall furnish to I,ender reccipts evidencing such payment within such time pericad as L�nder may r�.quirc.
<br />Borrowcr's obligaficin to make such payments and ta prpvid� recsipts shall for all purposes be deemed to
<br />be a covenant and agre�msnt contained in this Security Instrum�nt, as the phras� "cav�r�nt and agr��mc:nt"
<br />is ustd in S�ctiun 9. If Borrower is obligated to pay Escraw Itenns directly, pursuant ta a waiver, and
<br />Borrower fails to pay th� amount due far an �scrpw Ilem, I.�.nder may cx�rcis� its rights under S�ctian 9
<br />and pay such amount and Barrawer shall then be abligated undsr S�ctic�n 9 to repay ta Lender any such
<br />amaunl. L,�nder may revoke the waiver as to any or all Bscrow IGems at any time by a notice giv�n in
<br />accordanae with Sc:ction 15 and, upon such revocation, Borrower shall �ay to Lender 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) sufficient to permit Lender to apply
<br />the Funds at the time specified under RESPA, and (b) not to exceed the maximum amount a lender can
<br />require under R�SPA. Lender shall estimate the amount of Funds due on the basis of cunent data and
<br />reasonable estimates of expenditures of future Escrow Ttems or otherwise in accordance with Applicable
<br />Law.
<br />1�e �unds shall be held in an institution whose deposits are insured by a federal agency,
<br />instrumentality, or entity (including T..ender, if L.ender is an institution whose deposits are so insured) ar in
<br />any Federal Home L.oan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the timc:
<br />specified under RE5YA. T..ender shall not charge Borrower for holding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the �scrow Items, unless Lender pays Borrower interest on the
<br />Funds and Applicable I,aw permits Lender to make such a charge. Unless an agreement is made in writing
<br />or A�plicable I�w requires interest ta be paid an the Funds, L�ndcr shall not b� reyuired to pay Borrower
<br />any inter�st or earnings an the Funds. Bprrawer and Lender �an agree in writing, however, that interest
<br />shall be paid nn thc Funds. I.,ender shall give ta Borrow�r, without charge, an annual accounting of the
<br />I'unds as rcquired by RESPA.
<br />If lhere is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to
<br />Borrower fc�r lhe exc�ss funds in acGardance wiCh RI�SPA. If lhere is a shortage of Funds held in escrow,
<br />as defined under RESPA, L�nder shall notify Borrower as required by RESPA, and Borrower shall pay to
<br />L�nd�r the amount necessary to mak� up the shartage in accordance wilh RESPA, hut in no more than 12
<br />mc�nthly paymcnts. If th�r� is a dtfici�ncy af Funds held in escrow, as defined under RESPA, I,ender shall
<br />natify Borrawer as required by RESPA, and Barrawer shall pay to Ltnd�;r thc: am�unt necessary to make
<br />up the defici�ncy in accordance with RESPA, but in na mare ihan 12 monthly payments.
<br />Upon payment in full of a11 sums secured by tlxis Security Instrument, I,e:nder shall promptly refund
<br />to Borrower any Funds held by Lender.
<br />4, Charges; Liens, Borrower shall pay all taxes, assessments, charg�s, fin�s, and impositions
<br />attributable to the Property which can attain priority over this Security InsGrument, leasehald paymcnls or
<br />ground rents on the Property, if any, and Comrnunity Assaciatian Dues, Fecs, and Assessments, if any. 'I'o
<br />the extent that these items are Bscrow Ttems, I3orrower shall pay thern in the znanner pravid�d in Section 3.
<br />NEBRA5KA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT
<br />�-6�NE) �nai i� Pega � or i 6 inieiais: Fvrm 3028 1I01
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