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<br />premiums, if any, ar any surns payable by Borrower to I.ender in lieu of the payxn�nt af Martgage
<br />Tnsurance premiums in accorcianc:� with the provisions af Section 10. These items are called "Escrow
<br />Ttems." At originatian ar at any time during the term of the Loan, L.ender may require lhaf Community
<br />Association Dues, �ees, and Assessments, if any, be escrUwed by Barrawer, and such dues, fees and
<br />assessments shall be an Escrow Item. Borrow�r shall pr��nr�ptly furnish to L.ender all notices of amounts to
<br />be paid under this Secti�n. Bomrow�r shall pay I,end�r th� Funds far Escrow Items unless Lender waives
<br />Borrower's obligation to pay the Funds for any or all Escrow Items. L.ender may waive Borrower's
<br />c�bligation lc� pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may only bc
<br />in writing. In the event of such waiver, Borrower shall pay directly, when and wh�r� payabl�, th� aznaunts
<br />due for any Escrow Ttems for which payment of Funds has been waived by I.ender and, if Lender requires,
<br />shall furnish to T.ender receipts eviden�ing such payzn�nt within such time period as L.ender may require.
<br />Borrower's obligation to make such payments and ta pravide receipts shall for all purposes be deemed to
<br />be a covenant and agreemenl contained in ihis S�curity Instrurnent, as the phrase "covenant and agreement"
<br />is used in Section 9. Tf Sorrower is obligated to pay Escrow Items directly, pursuant t� a waiv�r, and
<br />Borrawer fails to pay the amount due for an �scrow Ttem, T.ender may exercise its rights under Section 9
<br />and pay such amount and 13orrower shall then be obligated under Section 9 to repay to Lender any such
<br />amaunt. Lender may revoke the waiver as to any or all Escrow Items at any time by a notice given in
<br />accordance with Section 15 and, upon such revocation, Borrower shall pay to I.,cnder all Funds, and in
<br />such amounts, that are then required under ihis Secti��n 3.
<br />T.ender may, at any timc, collect and hnld Funds in an amciunl (a) sufficient to psrmit I,ender ta apply
<br />the Funds at the time specified undcr RF;SPA, and (b) ncit la exceed the rnaximum arnaunt a lend�r can
<br />require under RESPA. I.xnder shall estimate the amount af Funds du� on the basis af current data and
<br />reasonable estimates of expenditures Uf fuCure �scrnw Items or athexwise in accardance with Applic:able
<br />Law.
<br />The Funds shall be held in an institutian whose deposits ar� insured by a federal ag�ncy,
<br />ir�trumentality, or entity (including J_.ender, if I.ender is an instikutiaan whose deposits are so insured) or in
<br />any Federal Home T,oan $ank. L.ender shall apply the Funds to pay the Escrow Items no later than the time
<br />specified under RESPA. Lender shall not charge Borrower for holding and applying the �unds, annually
<br />analyzing the escrow account, or verifying the Lscrow Ttems, unless L,ender pays Borrower interest on the
<br />Funds and Applicable I,aw permits T.ender 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 T.ender 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 />�unds as required by RESPA.
<br />Tf there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to
<br />Borrower for ihe excess Punds in accardance with RESPA. If ther� is a shortag� of Funds h�ld in �scrow,
<br />as defined under RESPA, I,endcr skxall natify Burrawcr as required by RESPA, and Borr�wer shall pay to
<br />I..ender the amaunt necessary to make up the shoRage in accardance tvith RESPA, but in na mare than 12
<br />monthly paym�nts. If there is a deficiency of Funds held in �scrpw, as defin�d under RESPA, L�nd�r shall
<br />notify Barrawer as required by RESPA, and Barrower shali pay ta Lender the annount necessary tc� make
<br />up the deficiency in accordance with RESPA, but in no more than 12 manthly payments.
<br />Upon payment in full of all sums secured by this Security Instrument, Le:nder shall promptly refund
<br />ta Bnrrawer any Funds held by I.,ender.
<br />4. Charges; T+iens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Properiy which can attain priority avsr this Security Instrumsnt, l�asr;hald payments or
<br />ground rents on the Property, if any, and Community Association Dues, Fees, and Assessrnents, if any. To
<br />the extent that these items are F,scrow Items, Borrower shall pay them in the manner provided in 5ection 3.
<br />NEBRASKA - 5ingle Family - Fannie Mae/Freddie Mac UNIFqRM INSTRUMENT O�
<br />�-6(NE) losi i) Paqe 5 of 16 i��tieis: � Form 3028 1I01
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