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<br />premiums, if any, or any sums payable by Borrower to L.ender in lieu of the payment of Mortgage
<br />Tnsurance premiums in accordance with the pravisions of Section 10. These items are called "Escrow
<br />Ttems. " At origination or at any tirne during the term of the T_,oan, L.ender rnay require that Community
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessments shall be an Escrow Item. Borrower shall promptly fur:nish to Lender a11 notices of arnounts to
<br />be paid under this Sectian. Borrower shall pay Lender the Funds for Escraw Items unless Lender waives
<br />Borrower's obligation to pay the Funds for any or all Escrow Iterns. I.ender may waive Bonower's
<br />obligation to pay to Leander Funds for any or all Escrow Iterns at any tirne. Any such waiver may only be
<br />in writing. In the evenC of such waiver, Borrower sha11 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 I.,ender requires,
<br />shall furnish to Lender receipts evidencing such payment within such time period as I.ender may require.
<br />Barrower's obligation to make such payments and to provide receipts shall for all purposes be deerned to
<br />be a covenant and agreement contained in this Security Instnunent, as the phrase "covenant and agreeYtyent"
<br />is used in Section 9. If Borrower is obligated to pay Escrow Itezns directly, pursuant ta a waiver, and
<br />Borrower fails to pay the amount due for an Escrow Itern, Lender may exe�ise its rights under Section 9
<br />and pay such amount and Barrower sha11 then be obligated under Section 9 to repay to Lender any such
<br />arnount. Lender may revoke the waiver as to any or all Escrow Iterns at a�ny time by a natice given in
<br />accordance with Section 1 S and, upon such revocation, Borrower shall pay to L.ender a11 Funds, and in
<br />such amounts, that aze then required under this Section 3.
<br />Lender may, at any tirne, collect and hold Funds in an amount (a) sufficient to pernnit Lender to apply
<br />the Funds at the tune specified under RESPA, and (b) not to exce�d the maxirnum amount a lender can
<br />require under RESPA. Lender sha11 estirnate the amount of Funds due on the basis of current data and
<br />reasanable estirnates of expenditures of future Escrow Items or otherwise in accordance with Applicable
<br />Law.
<br />The Funds shall be held in an institution whose deposits are insuxed by a federal agency,
<br />instt'umentality, or entity (including I,ender, if Lender is an institution whose deposits are so insured) or in
<br />any Federal Home Loan Bank. J..ender shall apply the Punds to pay the Escrow Items no later than the time
<br />specified under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the Escrow Items, ur►less Lender pays Borrower interest on the
<br />Funds and Applicable Law pernuts Lender to rnake such a charge. Unless an agreement is rnade in writing
<br />or Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower
<br />any interest or earnings on the Funds. Bonower a,nd Lender can agree in writing, however, that interest
<br />shall be paid on the Funds. I...ender shall give to Borrower, without charge, an annual accounting of the
<br />Funds as required by RESPA.
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account ta
<br />Sorrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow,
<br />as de�ned under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to
<br />Lender the amount necessary to rnake up the shortage in accordance with RESPA, but in no nn�ore t�an. 12
<br />monthly payments. If there is a de�iciency of Funds held in escrow, as defined under RESPA, L,ender shall
<br />notify Borrower as required by RESPA, and Borrower shall pay to Lender the arnount taecessary to rnialce
<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 Instrument, Lender shall proznptly refund
<br />ta Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, �nes, and irapositions
<br />attributable to the Property vvhich can attain priority over this Security Instrurnent, leasehold paynnenCs 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 rnanner provided in Section 3.
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INS7RUMENT
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