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<br />201009845
<br />premiurns, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mo�tgage
<br />Tnsurance premiums in accordance �r+ith the provisions of Section 10. These iterns are called "Escrow
<br />Items. " At origination or at any time during the term of tl�e Loan, Lender may require that Community
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrow�r, and such dues, fees and
<br />assessments shall be an Escrow ltem. Borrower shall proznptly fumish to I.ender all notices of amaunts to
<br />be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless L.cnder waives
<br />Borrower's obligation to pay the Funds for any or all Escrow Iterns. L.ender rnay waive Barrower's
<br />obligation to pay to Lender Fwnds for any or all Escraw Itenns at any tirne. Any such waiver may only be
<br />in writing. In the event of such waiver, Barrower shall pay directly, when and where payable, the amounts
<br />due for any Escrow Itexns for which payment of Funds has been waived by L.ender and, if Lender requires,
<br />sha11 furnisk► ta L.ender receipts evidencing such payment within such tirne period as Lender may require.
<br />Borrower's obligatian to make such payrnents and to provide receipts shall for all purposes be deemed to
<br />be a covenant and agreement contained in this Security Instrument, as the phrase "covenant and agreement"
<br />is used in Section 9. If Borrower is abligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Borrower fails to pay the amaunt due for an Escrow Item, I,ender may exercise its rights under Sectian 9
<br />and pay such arnount and Borrower shall then be obligated under Section 9 to repay to Lemier any such
<br />arnount. Lender tnay revoke the waiver as to any or all Escrow Items at any titne by a notice given in
<br />accordance with Section 1S and, upon such revocation, Borrower shall pay to Lender all Funds, and in
<br />such amounts, that are then r�quired under this Section 3.
<br />Lender may, at any time, collect and hold Funds in an amount (a) sufficient to pernut Lender to apply
<br />the Funds at the time speci�ed under RESPA, and (b) not to exceed the maximum aznount a lender can
<br />require under RESPA. Lender shall estimate the amount of Funds due an the basis of current data and
<br />reasonable estimates of expenditures af future Escrow Ttems or otherwise in accordance with Applicable
<br />Law.
<br />'Ifie Funds shall be held in an institution whase deposits are insured by a federal agency,
<br />instrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insured) or in
<br />any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time
<br />specified under R�SPA. Lender shall not charge Borrower for holding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the Escrow Items, uriless Lender pays Bonower inCer�st on the
<br />Funds and Applicable Law pernvts Lender to make 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 require� to pay Borrower
<br />any interest or earnings on the Funds. Borrower and T.ender can agree in writing, however, that interest
<br />shall be paid on the Funds. Lender shall give tn Borrower, without charge, an annual accaunting of the
<br />Funds as required by RESPA.
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender sha11 �u� ta
<br />Borrower for the excess funds in accordance with RESFA. lf there is a shortage af �unds held in �cmw,
<br />as defined under RESPA, I..end�r shall notify Borrower as required by RESPA, and Borrower s�al� p�y #�
<br />L.ender the amount necessary to make up the shortage in accordance with RESPA, but in no mo�e than �2
<br />monthly payrnents. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lex�der s�ll
<br />notify Bonower as required by RESPA, and Borcower shall pay to I.,ender the amount necessary to ma�ce
<br />up the deficiency in accordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Inst�wnent, Lender sha11 promptly refund
<br />to Borrower any Funds held by L.ender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Praperty which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Community Assaciation Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escraw Items, Borrower shall pay them in the maruier provided in Section 3.
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />�-6�NE11osiil Page50f 15 Initia�s: Form 3028 1/01
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