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2oioos4ss <br />prezniums, if any, or any suans payable by Borrower to Lender in lieu of the payment of Mortgage <br />Insurance premiums in ac�ordance with the provisions of Se�tian 10. These items are called "Escrow <br />Items." At origination ar at any time during the tern� of the Loan, Lender may require that Community <br />Assaciation Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and <br />assessments shall be an Escrow Item. Borrower shall prornptly furnish tn Lender all notices of arnounts to <br />be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives <br />Barrower's obligation to pay the Fw�ds for any or all Escrow Items. Lender may waive Borrower's <br />obligation to pay to Lender Funds for any or all Escrow Iterns at any tirne. Any such waiver rnay 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 Iterns for which payrnent of Funds has been waived by Lender and, if Lender requires, <br />shall furnish to Lender receipts evidencing such payment within such time period as Lender may require. <br />Borrower's obligatian to make such payments and ta provide receipts sha11 for a11 purposes be deemed to <br />be a covenant a�ad agre�ment contained in this Security Instiwnent, as the phrase "covenant and agr�it" <br />is used in Section 9. If Borrower is obligated to pay Escrow Iterns directly, pursuant to a waiver, and <br />Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under 5ec�ion 9 <br />and pay such amount and Borrower shall then be obligated under Sectian 9 to repay to Lender any such <br />amount. Lender may revoke the waiver as ta any or all Escrow Items at any time by a notice given in <br />accordance with Section 15 and, upon such revocation, Borrower sha11 pay to L.ender all Funds, and in <br />such amounts, that are then required under this Section 3. <br />Lender may, at any time, collect and hold Funds in an amount (a) suf�cient to permit Lender to apply <br />the Punds at the time specified under R�SPA, and (b) not to exceed the rnaxirnurn 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 estirnates of expenditures of future Escrow Iterns or otherwise in accardance with Applicable <br />�,aw. <br />The Funds shall be held in an institution whose deposits are insured by a fe�eral agency, <br />instrumentality, or antity (including Lender, if I.ender is an institution whose deposiCs are so insured) or in <br />any Federal Home Loan Bank. Lender shall apply the Funds to pay the �scrow Ttems no later than th� time <br />specified under RESPA. Lender shall not charge Borrawer for holding and applying the Funds, annually <br />analyzing the escraw account, or verifying th� Escrow Itezns, wnless Lender pays Borrower interest on the <br />Funds and Applicable Law pernuts L.ender to malce such a charge. Unless an agreernent is rnade in writing <br />ar 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 inter�st <br />shall be paid on the Funds. Lender shall give ta Bonawer, withaut charge, an an�nual 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 to <br />Barrower for the excess funds in accordance with RESPA. If there is a shortage af Punds held in escrow, <br />as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay ta <br />I..ender the amount necessary to rnake up the shortage in accordance with RFSPA, but in na more than �2 <br />tnonthly payments. If there is a deficiency of Funds held in �scraw, as defined under RESPA, Ler►der shall <br />notify Borrower as required by RESPA, and Borrower sha11 pay to L.ender the amount necessary to m�ake <br />up the deficiency in accordance with RESPA, but in no mare than 12 monthly payments. <br />Upon payment in full of all sums secured by this Security Instrument, I.ender shall promptly refixnd <br />to Sorrower any Funds held by Lender. <br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, �nes, and 'arr►positions <br />attributable to the Property which can attain priarity over Chis Secu�ity Instrunnent, leasehold paytnents or <br />graund rents on the Property, if any, and Cammunity Association Dues, Fees, and Assessments, if any. To <br />the extent that these items are Escrow Items, $orrower shall pay them in the mamier pravided in Section 3. <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT <br />�-6�NE) (oat t) Page 5 of 15 i��c�ais: � 1� Form 3028 7/G9 <br />L �-' ` <br />,�'! J �3tl���,� f`, <br />