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<br />premiums, if any, or any suzns payable by Borrower to L.ender in lieu of the payment of Mortgage
<br />Insurance premiurns in accordance with the provisions of Section 10. lfiese items are called "Escrow
<br />Items." At origination or at any time during the term of the Lnan, Lender may require that Cornrnunity
<br />Associatian Dues, Fees, and Assessments, if any, be escrowed by Barrawer, and such dues, fees and
<br />assessments shall be an Escraw Item. Barrower 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 />Barrower's obligation to pay the Funds far any ar all Escrow Items. Lender may waive Borrower's
<br />obligation to pay to L.ender Funds for any or all Escrow Ttems 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 amaunts
<br />due for any Escrow Items for which payment of Punds has been waived by L.ender and, if Lender requires,
<br />shall furnish to Lender receipts evidencing such payrnent within such tirne period as T�ender may require.
<br />Borrower's abligation 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 agre�rt�ecrt"
<br />is used in Section 9. If Borrower is obligated ta pay Escrow Items diredly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due for an Escrow Item, I..ender may e�rcis�; its rights under .5erxion 9
<br />and pay such amount and Borrower shall then be obligated under Section 9 w nepay to i.ender any such
<br />amount. Lender rnay revoke the waiver as ta any or all Escrow Items at any �i� by a natice given in
<br />acrardance with Section 15 and, upon such revocation, Borrower shall pay ta Lender all Funds, and in
<br />such amounts, that are then required under this Section 3.
<br />I.ender may, at any tirne, collect and hold Funds in an arnount (a) suf�cient to pexnnit Lender to apply
<br />the Funds at the time specified under RESPA, and (b) not to excced the maximum 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 axe insured by a fe�eral agency,
<br />instrumentality, or entity (including L.ender, if L.ender is an institution whose deposits are so insured) or in
<br />any Federal Home Loan Bank. I.endex sha�l apply the Funds to pay the Escraw Items no later than the time
<br />specified under RESPA. Lender shall not charge Borrower for holding and applying thc �'unds, annually
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower intexest on the
<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 ta be paid on the Funds, Lender shall not be required to pay Borrower
<br />any interest or earnings on the Funds. Borrower and I..,endear can agree in writing, however, that interest
<br />shall be paid on the Funds. L.ender shall give to Borrower, without charge, an annual accaunting of che
<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 />Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held i.n escarow,
<br />as defined under RESPA, I.ender sha�l notify Borrower as required by RESPA, and Borrower shall p�ay to
<br />Lender the amount necessary to make up the shortage in accordamce with RESPA, but in no rnone t3�an 1�
<br />monthly payrnents. If there is a deficiency of Fwnds held in escrow, as defined under RESPA, T.e��der shall
<br />notify Borrower as required by RESPA, arxd Borrower shall pay to Lender the amount necessary to rnake
<br />up the deficiency in accordance with RESPA, but in no rnore than 12 rnonthly paymenCs.
<br />Upon payrnent in full of all surns secured by this Security Instrurnent, Lender shall promptly refund
<br />to Sorrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, �nes, and impositions
<br />attributable ta the Property which can attain priority aver this Security Instrument, leasehold payrnents or
<br />graund rents on the Property, if any, and Cornmunity Association Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escrow Items, Bonrower shall pay them in the nnanner provided in Section 3.
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
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