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201U09679
<br />premiums, if any, ar any sums payable by Borrower to Lender in lieu of the payment of Mortgage
<br />Tnsuran�.e premiums in accordance with the provisions of Sectian 10. These items ar� 4alled "Escrow
<br />Items." At origination or at any time during the term of the I.oan, L.ender may require that Cammunity
<br />Asspciation Dues, Nees, and Assessments, if any, be esc;rawed by Borrower, and such dues, fees and
<br />assessments shall be an Escrow Item. Borrower slxall prarnptly furnish to I.endcr a11 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 obligatic�n to pay the Funds f�r any or all Escrow Ttems. Lender may waive I3orrower's
<br />obligation to pay to Lender Punds for any or all Escraw Items at any time. Any such waiver may only be
<br />in writing. Tn the evcnt of such waiver, Borrowe;r shall pay directly, when and wher� payable, the amounts
<br />due for any Escrow Items for which payment of Funds has been waived by Lender and, if Lender requires,
<br />shall furnish tc� I.,�nder receipts evidencing sueh payrnent within such time periad as Lender may require.
<br />Borrower's obligatian to make such payments and to provide receipts shall fc�r all purpases be deeined to
<br />be a covcnant and agreement contained in tlxis Security Instrument, as the phras� "cavenant and agreement"
<br />is used in Section 9. If Borrower is obligated to pay �scrow Items directly, pursuant to a waiver, and
<br />Borrower fails to pay the aznaunt due for an �scrow Item, Lender may exercise its rights under Section 9
<br />and pay such amounk and Borrower shall then be obligated und�r Suction 9 to repay to I,ender any such
<br />amount. T.ender may revoke the waiver as to any or all Escraw Items at any time by a notice giv�n in
<br />accordance with Sectian 15 and, upon such revocation; Barrawer shall pay to T.ender all Funds, and in
<br />such amounts, that are then required under this Sectic�n 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 R�SPA, and (b) not tn exGeed the maximum amount a lender can
<br />require under R�S�'A. I�ender shall estimate the amount of I'unds due on the basis of current data and
<br />reasonable estimates af expenditures of future Escrow Items ar atherwise in accordance with Applicablc:
<br />Law.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency,
<br />instrumentality, or entity (including I.,ender, if Lender is an institution whose aspasits are so insured) or in
<br />any Federal Home L.oan Bank. Lr:nder shall apply the Funds to pay the Escrow Iterns no later thau the time
<br />specified under RESPA. Lender shall not charge Borrower for holding and applying the Punds, annually
<br />analyzing th� escrow account, or verifying the Escrow Items, unless T.ender pays I3orraw�r interest on the
<br />Funds and Applicahle X,aw permits Lender to rnake such a charge. Unless an agreement is rnade in writing
<br />or Applicable Law requires interest to be paid on Ch� Fuuds, L.ender shall not be required ta pay BUrrawer
<br />any interest or earnings an the Nunds. Borrower and Lender can agree in writing, however, that interest
<br />shall bc paid an the Funds. Lender shall givc la BurrUwsr, without charge, an annual accounting af th�
<br />Funds as r�quirsd by RESI'A.
<br />If there is a surplus of Punds held in escrow, as defined under RESPA, Iaender shall accaunt to
<br />Borrnwer for the excess funds in accardance with RESPA. If there is a shortage of Funds held in c:sc:raw,
<br />as defined under RESPA, I..endsr shall notify Borrower as required by RESPA, and Borrawer shall pay to
<br />Lender the amount necessary ta make up the shortage in accordance with RESPA, but in no mUr� than 12
<br />manthly payments. Tf therc is a d�ficiency af Funds held in escrow, as defined under RESPA, Lender shall
<br />natify Borrower as required by RFSPA, and Borrower shall pay to Lender the amount ntcessary ta make
<br />up the deficiency in accordance with RESPA, but in no more than 12 monthly paymen[s.
<br />Upon payment in Pull af all sums secured by this Security Tnstrument, I,�nder shall pramptly refund
<br />to Borrower any Punds h�ld by Lender.
<br />a. Charges; I,iens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Property which can attain priarity ovcr tkiis Security Instrument, leasehold payments or
<br />graund rents on the Property, if any, and Community Assaciatian Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Fscraw Itcros, Borrowcr shall pay them in the manner provided in Section 3.
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INS"CRUM�N7
<br />�-6�NE) 1os�i1 Paga 6of 16 Initiels: prfll .3Q2� �/Q'�
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