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201009711
<br />premiurns, if any, ar any sums payable by Borrawer ta Lender in lieu of the payment of Mortgage
<br />Insurance prerniums in accordance with the provisions of Section 10. These iterns are called "Escrow
<br />Items." At origination or at any time during the term of the Loan, L.ender may require that Community
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessments shall be an Escrow Itern. Borrower shall prornptly furnish to Lender all notices of amounts ta
<br />be paid under this Section. Borrower shall pay Lender the Funds for Escrow Itenr�s unless L.ender waives
<br />Borrower's obligatian to pay the Funds for any ar all Escrow Items. Lender may waive Borrower's
<br />obligation to pay to L.ender Funds for any or all Escrow Items at any time. Any such waiver may only be
<br />in writing. In the event of such waiver, $orrower shall pay directly, when and where payable, the aamownts
<br />due for any Escrow Items for which payment of Funds has been waived by Lender and, if Lender requires,
<br />shall furnish to Lender receipts evidencing such payment within such time period as Lender rnay require.
<br />Borrawer's obligation to rnake such payments and to provide xeceipts shall for a11 purposes be deemed to
<br />be a covenant and agreernent contained in this Security Instrurn,ent, as the phrase "covenant and agreement"
<br />is used in Sectian 9. If Borrower is obligated to pay Escrow Iterns directly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due far an Escrow Item, Lender may exercise its rights under Se�tion 9
<br />and pay such amount and Banower shall then be obligated under Section 9 to r�ay to T�nder any sucii
<br />amount. L,�nder rnay revoke the waiver as to any or all Escrow Items at any tirne by a notice given in
<br />acc�rdance with Section l5 a�nd, upon such revocation, Borrower shall pay to Lender all Funds, and in
<br />such amounts, that are then required under this Section 3.
<br />L.ender may, at any tirne, collect and hold Funds in a�n amount (a) suf�cient to pernut 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 of Funds due o;n the basis of current data and
<br />reasonable estimates of expenditures of future Escrow Items ar otherwise in accordance with Applicable
<br />Law.
<br />The Funds sha11 be held in an institution whose deposits are insured by a federal agency,
<br />instrumentality, or entity (including L,ender, if Lender is an institution whose deposits are so insured) or in
<br />any Federal Horne Loazx Bank. L,ender shall apply the Punds to pay the Escrow Items no later than the tirne
<br />specified under RESFA. L.ender shall not charge Borrower for halding and applying the Funds, aYUivally
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays $orrower interest on the
<br />Fun.ds and Applicable La�uv pernuts Lender to make such a charge. Unless an agreement is made in writing
<br />or Applicable L.aw requires interest to be paid on the Funds, Lender shall not be re�uired to pay Barrower
<br />any interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest
<br />shall be paid on the �'unds. Lender shall give ta Borrawer, withnut charge, an amival accouz�tizag of the
<br />Funds as cequired 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 in escx'ow,
<br />as defined under RESPA, L.ender shall natify Bonower as required by RESPA, and $orrower shali pay W
<br />Lender the amount necessary to make up the shortage in accordance with RESPA, but in no rnoane tl�am 12
<br />monthly payrnents. I� there is a de�ciency of �'unds held in escrow, as defined under RESPA, Lender s�ari
<br />notify Borrower as required by RESPA, and Borrower shall pay to Lender the arnount necessary to tnake
<br />up the deficiency in accordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payrnent in full of all sums secured by this Security Instrument, Lender shall promptly refund
<br />to Bonawer any Funds held by Lender.
<br />4. Charges; Liens. Borcower shall pay all taxes, assessments, charges, fines, and irnpositions
<br />attributable to the Property which can attain priority over this Security Tnstrument, leasehold 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 axe Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSl'RUMEN7
<br />�-6(NE) �oa�t1 page5of 75 i��s�ais: Form 3028 7/01
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