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<br />prerniurns, if any, or any surns payable by Borrower to Lender in lieu of the payrnent of Mortgage
<br />Insurance premiums in accordance with the provisions of Sectian 10. These items are called "Escrow
<br />Items." At origination or at any tirne during the term of the Loan, Lender may require that Community
<br />Association Dues, �'ees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessments shall be an Escraw Item. Bonower shall promptly furnish to L.ender all notices of amounts to
<br />be paid under this $ection. Borrower shall pay I.ender the Funds for Escrow Items unless Lender waives
<br />Borrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive Borrower's
<br />obligation to pay to I.ender Funds for any or all Escraw 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 arnounts
<br />due for any Escrow Items for which payrnent of Funds has been waived by Lender and, if Lender requires,
<br />shall furnish to L.ender receipts evidencing such payrnent within such time period as Lender may require.
<br />Borrower's obligatian to rnake such payrnents and to provide receipts shall for all purposes be deemed to
<br />be a covenant and agreement contained in this Security Instrument, as the phrase "covenant and agr�nt"
<br />is us�d in Se�tion 9. If $onower is obligated to pay Escrow Items directly, pursuant to a waivex, and
<br />Borrower fails to pay the amount due for an Escrow Item, Lender may ezercise its rights under Se�ion 9
<br />and pay such amount and Borrower sha11 then be obligat�d under $ection 9 to repay to Lender any suc1�
<br />amount. Lender may revokc the waiver as to any or all Escrow Items at any tixne by a notice give.n in
<br />accordance with Section 15 and, upon such revocation, Bozrower shall pay to I.endex all Funds, and in
<br />such arnounts, that are then required under this Section 3.
<br />Lender rnay, at any tirne, collect and hold Funds in an amount (a) sufficient to pemnit Lender to apply
<br />the Funds at the time spe�i�ied under RESPA, and (b) not to exceed the mazunum amount a lender can
<br />require under RESPA. Lender shall estimate the amount of Funds due on the basis of current data and
<br />reasonable estimates 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 insured by a federal agency,
<br />instrumentality, or entity (including Lender, if T�.ender is an institution whose deposits are so insured) or in
<br />any Federal Horne Loan Baz�lc. Lendex shall apply the Funds to pay the Escrow Iterns 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, unless Lender pays Borrawer interest on the
<br />Funds and Applicable Law pernuts Lender to make such a charge. Unless an agreement is made in writing
<br />or Applicable Law requires interest ta be paid on the Funds, Lender shail not be required to pay Borrower
<br />any interest or earnings on the F'unds. Barrower and x.ender can agree in writing, however, that interest
<br />shall be paid on the Funds. L.ender shall give to Borrower, without charge, aan aiuiva� accounting of the
<br />Funds as required by R�SPA.
<br />If there is a surplus of Funds held in escrow, as de�ined under RESPA, I.ender shall account to
<br />Bor,rower for the excess funds in accordar►ce with RESPA. If there is a shortage of Funds held in escrow,
<br />as de�ne� under RESPA, Lender shall notify Borirower as required by RESPA, and Borrower shall pay #o
<br />Lender the arnount necessary to rnake up the shortage in accardance with RESPA, but in no more ti�an 12
<br />monthly payrnents. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shail
<br />notify Borrawer as required by RESPA, and Borrawer shall pay to Lender the amount necessary to make
<br />up the de�iciency in accordance with RESPA, but in no rnore than 12 rnonthly payrnents.
<br />Upon payrnent in full of all swns secured by this Secuxity Instrurnent, Lender shall prornptly refund
<br />to Borrower any Funds held by Lender.
<br />�4. Charges; Liens. Borrower sha�l pay all taxes, assessrnents, charges, fines, and irnpositions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payrnents 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 Iterns, Borrower shall pay them in the rnanner provided in Section 3.
<br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT
<br />�-61NE) �osi i� Page 5 of 15 in�t�ais: Form 3028 1/07
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