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<br />premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage
<br />Insurance premiums in accordance with the pmvisions of Section ] 0. These items are called "F,scrow
<br />Items." At ori�ination or at any timc during the term af the Loan, L�nder may require that Coxnmunity
<br />Assnciation Dues, Fees, and Assessments, if any, be escrowed hy Borrower, and such dues, fees and
<br />assessments shall be an Escrow ltem. Borrower shall promptly furnish to Lender all notices of amounts to
<br />be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unlesa Lender waives
<br />Borrower' s obligation to pay the Funds for any or a11 Escrow itemti. Lender may waive Borrower' s
<br />obligation to pay to Lender 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, Barrower shall pay directly, when and where payable, the amounts
<br />due for any Escrow Items for which payment of Funds ha5 been waived by Lender and, if Lender requires,
<br />shall furnish to Lender receipcs evidencing such payment within such tizne period as Lender may require.
<br />Borrower' s obligation ta make such paym�nts and to provide receipts shall for all purposes be deemed to
<br />be a covenant and a�reement contained in thi� Security Instrument, as the phrase "covenant and agreement"
<br />is used in Section 9. If Sorrower is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due for an �scrow Item, Lender may exercise its rights under Seccion 9
<br />and pay such arnount and Borrower shall then be obligated under Section 9 tc� repay to Lender any such
<br />amount. Lender may revoke the waiver as to any or all �scraw Items at any time by a notice given in
<br />accordance with Section 1 S and, upon such revocation, Borrower shall pay to LEnder all Funds, and in
<br />such amounts, that are then required under this Section 3.
<br />Lender may, at any time, collect and hold �und5 in an amount (a) sufficient to permit Lender to apply
<br />the Funds at the time specified und�r RESPA, and (b) not to exceed the maximum amount a lender can
<br />require under RESPA. Lender shall estirnate the amount of Funds due on the basis of current data and
<br />reasnnable estimates of expenditures of future Escrow IteznS or otherwise in accordance with Applicable
<br />Law.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency,
<br />instrumentality, or entity (including Lender, if Lender is an in5titution whose deposiCs are so insured) or in
<br />any Federal Home Loan Bank. Lender sha11 apply the Funds to pay the Escrow Items no later than the time
<br />specified under RESPA. Lender shall not char�;c Borrower for halding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the
<br />Funds and Applicable Law permits Lender to make such a charge. Unless an agreeznent is made in writin�
<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 the �'unds. Sorrower and Lender can agree in writing, however, that interest
<br />shall be paid on the Funds. Lender shall give to 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 shall account to
<br />Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow,
<br />as d�fined under R�SPA, Lender shall notify Borrower as reguired by RESI'A, and Borrower sha11 pay to
<br />Lender the amount necessary to make up the shortage in accordance with RESPA, but in no mnre than 12
<br />manthly payments. Tf there is a de�ciency of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Borrower as required by RESFA, and Borrower shall pay to Lender the arnaunt necessary to make
<br />up tlie deficiency in accardance with R�SPA, but in no more than 12 monthly payments.
<br />Upon payment in full pf all sums secured by this Security Instrument, Lender shall promptly refund
<br />to Bozrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and imposations
<br />attributable ta the Property which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on the Propex if any, and Commuzaity Association Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />231029
<br />NEBRASKA - 5ingle �amily - Fannie MaefFreddie Mac UNIFORM INSTRUMENT
<br />�-B(NE) (0811) Page 5 af 15 ini�ieis: ��. Form 3028 1101
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