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<br />premiums, if any, ar any sums payable by Borrower to Lender in lieu of the payment of MorCgage
<br />Insurance premiums in accordance with the provisions of Section 10. These items are called "Escrow
<br />ltems." At origination or at any time during the term of the Loan, Lender may require that Community
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and suoh dues, fees and
<br />assessments shall b� an Escrow Item. Borrower shall promptly furni5h 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 />Borrower' s obligation to pay the Funds for any or all Escrow Iterns. 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 writin�;. In the event of such waiver, Sorrower shall pay directly, when and where payable, the amaunts
<br />due for any Escrow Itema for which payment 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 ta make such payments 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 agreement"
<br />is used in Section 9. If Borrower is obligaced to pay Escrow ItemS directly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due for an Escrow Item, Lender znay exercise its rights under Section 9
<br />and pay such amonnt and Barrower shall then be obligated under Section 9 to repay to Lender any such
<br />amount. Lender may revoke the waiver as to any or all Escrow ltem� at any time by a notice given in
<br />accordance with Section 15 and, upan such revocation, Borrower shall pay tv 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 Funds 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 nnaximum amount a lender can
<br />require under RESPA. Lender shall estimate the amount of Funds due on the basis of cutrent data and
<br />reasonable estimates of expenditures of future Escrow ltenns or atherwise in accordance with Applicab1e
<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 Lender is an institution whose deposits are so insured) or in
<br />any Federa] Hoxa:�e Laan Bank. Lender shall apply the Funds to pay the Eticrovv Items no later than the time
<br />speci�ed under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the Escrow ltems, unless Lender pays Borrower interest on the
<br />Funds and Applicable Law per�x�.its 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 reguired to pay Borrower
<br />any interest or earnings on the Punds. Borrower and Lender can agree in writing, hawever, that int�rest
<br />shall be paid pn the Funds. Lender shall give to Borrower, without charge, an annual accountin� of the
<br />Funds as required by RESPA.
<br />If there is a surplus of Funds held in escrow, as defimed under RESPA, Lender shall account to
<br />Borrower for the excess funds in accordance with RESPA. lf there is a shartage pf Funds held in escrow,
<br />as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to
<br />Lender the anlount necessary to make up the shortage in accordance with RESPA, but in no more than 12
<br />monthly payments. If there is a de�ciency of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Borrower as required by RESPA, and Borrower shall pay to Lendar the arnount necessary to make
<br />up the deficiency in accordance with RESPA, but in no more than 12 monthly paym�nts.
<br />Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Bnrrowar shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Froperty which can attain priprity aver this Security Instrumen.t, leasehpld payments or
<br />ground rents on the Property, if any, and Comztxunity Association Dues, Fees, and Assessrnents, if any. To
<br />the extent that these items are Escrow Itexaias, Borrower sha11 pay them in the manner provided in Section 3.
<br />���1��:�:�
<br />NEBRASKA - Single Family - Fannie M ae/Freddie M ac UNIFORM INSTRUM ENT /��
<br />�-6(NE) (os��) PaAe5 of 15 Initials: �! V Form 3028 1/01
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