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20104935�
<br />premiums, if any, or any surns payable by Borrower ta Lender in lieu of the payrnent of Mortgage
<br />Insurance premiurns in accordance with the provisions af Section 10. These items are called "Escrow
<br />Items." At arigination or at any time during the term of the L.oan, L.ender may require that Community
<br />Assaciatian Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessments sha11 be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to
<br />be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives
<br />Borrawer's obligation to pay the Funds for any ox all Escrow Items. Lender may waive Borrower's
<br />obligation to pay to Lender 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 ICems for which payment of Funds has been waived by Lender and, if Lender requires,
<br />shall furnish to Lender receipts evidencing such payrnent within such time period as Lender rnay require.
<br />Borrower's obligation to rnake such payments and to provide receipts shall for all purposes be deemed ta
<br />be a covenant and agreemcnt contained in this Security Instrument, as the phrase "covenant and agreement"
<br />is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due for an Escrow Item, Lender rnay exercise its rights under Sectian 9
<br />and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such
<br />amount. L,Qnder rnay revoke the waiver as to any ar all �scraw Ytems at any time by a notice given in
<br />accordance with Section 1S and, upon such revocation, Bnrrower shall pay ta L,ender all Funds, and in
<br />such announts, that are then required under this Section 3.
<br />Lender rnay, at any tirne, collect and hold �unds in an amaunt (a) sufficient ta permit Lender to apply
<br />the Funds at the tirne specified under RESPA, and (b) not to exceed the maximum amount a lender can
<br />require under RESPA. Lender shall estimate the amount of Punds due on the basis of current data and
<br />reasonable estimates of expenditures of future Escrow Iterns or otherwise in accordance with Applicable
<br />I.aw.
<br />The Funds shall be held in an institutian whose deposits are insured by a federal agency,
<br />instrumentality, or entity (including Lender, if Lender is an institutian whose deposits are so insured) ar in
<br />any Federal Horne Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time
<br />speci�ed under RESPA. Lender shall not charge Borrower for holding and applying the �'unds, annually
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Barrower inter�st on tha
<br />Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made 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. Borrower and Lender can agree in writing, however, that interest
<br />shall be paid on the Funds. Lender 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 escrpw, as defined under RESPA, Lender shall account to
<br />Borrower for the excess funds in accordance with RESPA. If there is a shortage af Funds held in escrow,
<br />as de�ined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to
<br />Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12
<br />monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, L.ender sha11
<br />notify Borrower as required by RESPA, and Borrower shall pay to I.ender 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, Lender shall promptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Property which can attain priority over this Sacurity Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Comrnunity Association Dues, �ees, and Assessments, if any. To
<br />the extent that these items are Escrow Iterns, Borrower shall pay them in the rnanner provided in Section 3.
<br />NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �~
<br />�-6�NE) loat t 1 Pege 5 of 15 in�t�sis: �� Form 3028 1/U1
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