201Q�
<br />obligation to pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may only
<br />be in writing. In the event of such waiver, �orrower shall pay directly, when and where payable, the
<br />amounts due for any Escrow Items for which payment of Funds has been waived by Lender and, if Lender
<br />requires, shall furnish to Lender receipts evidencing such payment within such time period as Lender
<br />may require. Borrower's obligation to make such payments and to provide receipts shall for all purposes
<br />be deemed to be a covenant and agreement contained in this Security Instrument, as the phrase "covenant
<br />and agreement" is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to
<br />a waiver, and Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights
<br />under Section 9 and pay such amount and Borrower shall then be obligated under Section 9 to repay to
<br />Lender any such amount. Lender may revoke the waiver as to any or all Escrow Items at any time by a
<br />notice given in accordance with Section 15 and, upon such revocation, Borrower shall pay to Lender all
<br />Funds, and in such amounts, that are then required und�r this Section �.
<br />Lender may, at any time, collect and hold Funds in an amount (a) sufficient to perrnit Lender to apply
<br />the Funds at the time specified under RESPA, and (b) not to exceed the maximum amount a lender can
<br />require under RESPA. Lender shall estimate the amount af Funds due on the basis of current data and
<br />reasonable estimates ofexpenditures oFfuture Escrow Items or otherwise in accordance with Applicable
<br />I�aw.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality,
<br />or entity (including Lender, if Lender is an institution whose deposits are so insured) or in any Federal
<br />Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time specified
<br />under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually analyzing
<br />the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds
<br />and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing or
<br />Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower
<br />any interest or eamings on the Funds. Borrower and Lender can agree in writing, however, that interest
<br />shall be paid on the Funds. Lender shall give to Borrower, without char�e, an annual accounting of the
<br />Punds as required by RESPA.
<br />If there is a surplus of Funds held in escrow, as defined under RESFA, Lender shall account to Borrower
<br />for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as def►ned
<br />under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender
<br />the amount necessary to make up the shortage in accordanc� with RESPA, but in no more than 12 monthly
<br />payrnents. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notify
<br />Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up
<br />the deficiency in accordance with R�SPA, but in no more than 12 manthly payments.
<br />Upon payment in full af all sums secured by this Security Instruinent, Lender shall promptly refund to
<br />$orrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable
<br />to the Property which cara attain priority over this Security Instrument, leasehold payments or ground
<br />rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To the
<br />extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />t, � 1757307723
<br />NEBRASKA-Single Family-Fannie MaelFreddie Mac LINIFORM INSTRUMENT /� � Form 3028 1/Di
<br />VMP� 4� �
<br />Wolters Kluwer Financial Services 2010713�3.5.0.0.400220100528V Initials�w� '� Page 5 of 17
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