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2010�971�
<br />premiums, if any�, or any sums payable by Borrower to Lender in lieu of the payment of Mort�age
<br />Insurance premiums in accordance with the provisions of SecCion 10. These items are called "Escrow
<br />Items." At origination or at any time during the term of the Loan, Lender may require that Cornmunity
<br />Association Dues, Fees, and Assess�nents, if an��, be escrowed by Borrower, and such dues, fees and
<br />assessments shall be an Escrow Item. Borrower shall promptly furnish to I.ender all notices af arnounts to
<br />be paid under this 5ection. Borrower sl�all pay Lender the Funds for Escrow Items unless Lender waives
<br />Borrowcr's abligation to pay tiae Funds for any or al] Escrow Items. Lender may waive Bnrrower's
<br />obligation to pay to Lender Funds for any or all Escrow Items at any time. Any �uch waiver may only be
<br />in writin�. In the event of such waiver, Borrower sha11 pay directly, when and where payable, the amounts
<br />due for any Escrow Items for which payment of Funds l�as bcen waived by Lender and, if Lender requires,
<br />shall furnish to Lender receipts evidencin� such payment within such time period as Lender may require.
<br />Borrower's obligation to make such pa,yments and te provide receipts shall for all purposes be d�emed to
<br />be a covenant and a�reement contained in this Security Instrunnent, as the phrase "covenant and agreement"
<br />is used in Section 9, If Bprrower is obligated to pay Escrow Itenns directly, pursuant to a waiver, and
<br />Barrnwer fails to pay the arnount due far an Escrow Item, Lender naay sxercise its ri�hts under Section 9
<br />and pay� such amount and Borrpwer shall then be obligated under Sectic�n 9 to repay to Lender any such
<br />amount. Lender may revoke the waiver as to any or a11 Escrow Itezns at any time by a notiee given in
<br />accordance with Section I S and, upon such revocation, Barrower shall pay to Lender all Funds, anu� in
<br />such amounts, that are then required under this Section 3.
<br />Lendcr may, at any ti.me, collect and hold Funds in an arnount (a) suffacient to perniit T.ender to apply
<br />the Punds at the time specified under RESPA, and (b) not to exceed che maximum amount a]ende: can
<br />require under R�SPA. Lender shall estin�ate the amount of T'unds due on the basia of current ctata and
<br />reasonable estizraates of expenditures of future Escrow Item� or otherwise in accordance with Appiicable
<br />Law.
<br />The Funds shall be held in an znstitutian r��hose deposits are insured by a federal agency.
<br />instrumental.ity, or entity (including Lender, if I.ender is an institution whase deposits aa so insured) or in
<br />ainy Federal I�ome Loan �3an1:. Lender shall apply the Funds to pay the �scrow Items no later than the Cime
<br />specified under F�SPA. Lendea Sliall noi charge E3orrow�r fnr holding arzd applyin� the �unds, annually
<br />analyzin�; the e�cro�� account. or verifying the Escro�� ]tems, unless Lender pays Borrower intere5t on the
<br />�unds and Applicable Law permits Lender to ma�:e 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 t11e Funds. �3orrpwer and Lender can arree ir. writi.ng, liowever, that interest
<br />shall be paid on the Funds. Lende: shall give to Borrower, without char�,e, an annual accountin� of the
<br />Funds as required by RESPA.
<br />If there is a 5urplus of Funds held in escro�N, as defined uz�d�r KESPA, Lender shall account to
<br />Borrower for the exc�ss funds in accordance witl� RESPA. If there is a shortage of �"unda held in escrow,
<br />as defined under RESPA, L�nder shall notify Borrower as required by RESPA, and Borrower sha11 pay lo
<br />Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12
<br />monthly payments. If fhere is a deficiency of Funds held in escrow, as de�ned under RESPA, Lender shall
<br />notify Borrov��er as required by KESPA, and T3orrower shall pay to Lender the amount necessary tn make
<br />up the de�ciency in accardance with RESFA, but in no �nore than 12 monthly payments.
<br />Upon payment in full of all sums secured by tl�is Security Instrumen.t, Lender shall promptly refund
<br />ta Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Property wl�ich can attain priority over this Security Instrument, leasehold payxnents or
<br />ground rents on the Froperty, if any, and Community Association Dues, Fees, and Assessments, if any. Ta
<br />the extent thaC these items axe Escrow Items, I3orrower 5ha11 pay them in the manner provided in Section 3.
<br />� 231011
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT ��..�
<br />�-8(N�) (oa� �> Page 5 oi 15 inifiais Form 3D28 1I01
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