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<br />premiums, if arry, or �ny sums payable by Borrowar to Lender rn lieu of the pay�ment af Mortgage
<br />Insurance premiums in a�ccordance with the pxovisions of Section ] 0. These items are catIed "Escrow
<br />Items." At origination or at any time during the teruz of the Loan, Lender n�ay require that Community
<br />Association Dues, �ees, and Assessments, if any, be escarowed by Barrower, and such dues, fees an.d
<br />assessm.ents sha.11 be an Escrow Item. Bvrrawer shalt prornptly fi�rnish to Lender all notices of amounts ta
<br />be paid vndar this Section. Sorrower shall pay Lender the Fuxads £or Escrow Ttems unless Lender waives
<br />Borrower's obLigation to �say the Funds for any or alI Escrow Items. Lender xnay waive Borrower's
<br />obligation ta pay to Lender Funds for any or a11 Escraw Items at any time. Any such waiver znay only be
<br />in writing. Tn tl�e event af such waiver, Borrower shall pay directly, when and where payable, tJae amounts
<br />due For any Escrow Items for whieh pay�nent of Funds has been waived by Lender and, iFLender rBquires,
<br />shall furnish to Lender receipts evidencing such payment within such time period as Lender may require.
<br />Borrower's obligation to make such payments and to provide receipts shall for all puxposes be deemed to
<br />be a covenattt and agreement eontained in this 5ecurity Insirument, as the phtase "covenant and agc'eexnent"
<br />i�s used iva Section 9. If Borrower is obligatod to pay Escrow Items diurectly, puxsuant tv a waiver, an:d
<br />Borrowerr fails to pay tlae azz�ouzxt due �or an Esarow itezn, Leund�r baay eacerczse its rights under Section 9
<br />and pay such amount and Borrower shaII then be abligated under Section 9 to repay to Lender any such
<br />amoun�. Lcnder may revoke the waiver as to any or all �scrow Items at any time by a natice given, in
<br />accordance with Section 15 and, upon such revocation, Boxrawer shall pay to Lender all Funds, and in
<br />such aznauxits, that are thcn required und�r this Section 3.
<br />Lender may, at any time, coliect and hold Funds in an amount (a) suf�icient to permit I.ender to apply
<br />the Funds at the time speci�ied under �tESP,A„ and (b) not to exceed the maximum amount a landar cau
<br />require under RESPA. Lender shall estitn�ate t}xe amauzat of Fux�ds due on the basis of current data amd
<br />reaso:�able estimates of expenditures of future Escrow Items or otherwise in accordance with Applical�le
<br />Law.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency,
<br />ivast�xnemality, or entity (iucluding �,ezidex, if T.e�uder is an institut�on whose deposits are so insured) nr in
<br />any Federal Home Laan Bank. �.eza�der sb;all apply the Funds to pay the Escraw Items na later than the time
<br />specified under RESPA. Lender shall not charge Borrnwer for holding and applying the Funds, ��a.ry
<br />amalyxing the escraw accouzxt, ax verifying the Escrow Items, unless Lender pays Sorrower interest an the
<br />Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing
<br />or Applicabfe Law requires interest ta be paid on the Funds, I.ender sha,II nat be required to pay Borrower
<br />any interest or earnings an th.e Funds. Barrower and Lender can agree in wz7.ting, howeve�r, tb.at interest
<br />shall be pa:id on the Funds. Lender shall give to Borrower, without ct�arge, an annusi accn�ax�ting af the
<br />Funds as required by RESPA.
<br />If there is a surplus of Funds held in escrow, as defi.ned uudez RESP,A, Leade�^ shall account to
<br />Bonrower far ttie excess funds in. accordance with RESPA. If there is a shortage of Funds held in escrow,
<br />as defined ttnder RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to
<br />L�nde.r the arnount necessary to m�ake up the shartage in accardance with RESPA, but in no more than 12
<br />mont}ily payments. If there is a de�aiency+ of Funds held in escrow, as defimed undex 12ESPA, Lender sk►all
<br />notify Borrow�r as raquired by RESPA, and Borrower shail pay to Lender the amount necessary to make
<br />up the deficienay in accardance with RESPA, but in no more than 12 monthIy payments.
<br />Upon payment in full of all sums secured by this Security ]nstrument, Lender shall promptly refimd
<br />to Sorrower any �'ut�ds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all ta�ces, assesszn�ents, chargas, fines, and impositions
<br />attributable to the Property which carf attain priority over tlais Security Instrument, leasehold payments or
<br />graund ren.ts on the Property, if any, and Commur�ity Assaciation Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escxow Items, Borrower shall pay thepn ua tbe xzzanuer pt'ovided in Section 3.
<br />r11i�a3as�
<br />NEBRASKA - Single Family - Fannla MaelFreddfe Mac IINIFORM INSTRUMENT WI S
<br />�$A�NE) (p810) Pepe 5 oT 15 �{ Form 3028 ���'�
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