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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 provisions of Section 10. These items are called "Escrow
<br />Items." At origination or at any tune during the term of the Loan, Lender may require that Community
<br />Association Dues, Fees, and Asaessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessments shall be an Escrow Itern. Borrower shall promptly furnish to Lender all notices of amounts to
<br />be paid under this 5ection. Boxrower shall pay Lender the Funds for Escrow Items unless Lender waives
<br />Borrower's obligaCion to pay the Funds fpr any or all Escrow ltems. Lender may waive Sorrower's
<br />obligation to pay to Lender �'unds for any or a11 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 pf Funds has been waived by Lender and, if Lender requires,
<br />shall furnish to Lender receipts evidencing such payrnent within such time period as Lender may require.
<br />Borrower's obligation to make such paymenta and to provide receipts shall for a11 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 obligated to pay Escrpw Items directly, pursuant ta a waiver, and
<br />Boz7rower fails to pay the amounC due for an Escrow ltem, Lender may exercise its rights under Section 9
<br />and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such
<br />amount. Lender may revoke the waiver as to any or all Escrow Items at any time by a notice �iven in
<br />accordance with Section 15 and, upon such revocation, Borrower shall pay to Lender all Funds, and in
<br />such amounts, that are tk�en required und�r this Section 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 RESPA, and (b) nat to exceed the ranaximum amount a lender can
<br />require under RESPA. Lender shall estimate the amount of Funds due on the basis of current data and
<br />reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable
<br />L�w.
<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 institution whose deposits ace so insured) or in
<br />any Federal Home 1.oan $ank. 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 />analyziiag the escrow account, ar verifying the Escrow Items, unless Lender pays Borrower interest on the
<br />�'unds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing
<br />or Applicable Law requires interest to be paid pn the Funds, Lender shall not be required to pay Borrower
<br />any incerest or earnings on the Punds. Borrower and L�nder can agree in w�ri.ting, however, that interest
<br />shall be paid on the Funds. Lender shall �ive to Bo� without charge, an annual accounting pf the
<br />Funds as required by RESPA.
<br />If there is a surplus pf Funds held in escrow, as defined under RESPA, Lender shall account to
<br />Borrower for the excess funds in accordance with RE5FA. If there is a shortage of Funds held in escrow,
<br />as defined under RESPA, L�nder shall notify Borrower as required by RESPA, and Borrower shall pay to
<br />Lender the axnount necessary to make up the shortage in accordance with RESPA, but in no more than 12
<br />monthly payn�aents. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Borrower as reguired by RESPA, and Borrower shall pay to Lender the amount necessary to make
<br />up the deficiency in accordance with RESFA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instrurnent, Lender shall promptly refund
<br />to Sorrower any Funds held by Lender.
<br />4. Charges; �iens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Properiy which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Community 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 />23].041
<br />NEBRASKA - Single Family - Fannie M aelFreddie M ac UNIFORM INSTRUM ENT
<br />�-6(NE� �oaii� Paga5 oF 15 ina�ais: �� � Form 3028 1/01
<br />Q9
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