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201100412
<br />1111056283
<br />Mortgage Insurance premiums, if any, or any sums payable by Sorrower to Lender in lieu of the payment of Mortgage
<br />lnsurance premiums in accordance with the provisi�ns af Section 10, These items are called "�scraw Items." Ac c�rigination or
<br />at any time during the term of the Loan, Lender may rcquire that Community �ssociation Dues, Fees, and Assessments, if any,
<br />be escrowed by Barrawer, and such dues, fees and assessments shall be an Esc�ow ltem. Barrowcr shall prompUy furnish to
<br />Lender all notices of amounts to be paid under this Section. Borrower shall pay Lander the Funds for Escrow Items unless
<br />Lender waives Borrower's obligation tn pay the Funds fac any or al) �scraw items. Lendor may waive Aorrower's obligatian to
<br />pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may only be in writing. In the event of such
<br />waiver, 8orrower shail pay directly, when and where payable, the amounts duc for Any Escrow ltems for which payment of
<br />Funds has bcen waived by Lender and, if Lendar requires, shall furnish to I,ender receipts evidencing such payment within
<br />such timc period as Lender may require, Horrower's obligation to make such payments and to provide reccipts shall for all
<br />purppses be deemed ta bc a covenunt and agrecment contained in this Security Instrument, as the phrasc "covenant and
<br />agrcement" is used in Section 9. If Dorrower is oblig�ted to pay Bscrow Items directly, pursuant to a waivcr, and Borrower
<br />fails to pay the amount due for an �scrow ltem, I.ender may exercise its rights under Section 9 and pay such amount and
<br />}3orrower shall then be obligated under Sevtion 9 ta rcpay to Lender any such amount. C.cnder may revoke the waiver as to any
<br />or nll Escraw ]lems at any timc by a notice $iven in accordance with Section 15 and, upon such revocation, Borrawer shall pay
<br />to I.ender all runds, and in such amounts, that are then required imder this Section 3.
<br />I.ender may, at any time, collect and hold Funds in an amount (a) sufficicnt to permit I,ender to apply the Funds at the
<br />time specified under RESPA, and (b) nat to cxceed the mzximum amount a lender can require under RESPA. Lender sh�ll
<br />estimate lhe amount of Funds due on the basis of currcnt data and reasonable estimatas of expenditures �f future Escraw Items
<br />or othcrwise in accordancc with Applicablc Law.
<br />The Funds shall be held in an institutian who:t� depasits are insured by a federal agency, instrumentality, or cn[ity
<br />(including Lender, if i.ender is an institution whose deposits are so insurcd} pr in any Federal Home Laan Sank. Lender shall
<br />apply the Fwnds to pay t�e 6scrow Items na laler than thc time specified under R�SPA. Lcnder shall not charb� Borrower for
<br />holding and applying the Funds, annually analyzing th� escrow accaunt, or verifying the �scrow items, unless Lender pays
<br />13arrower interest an the Funds and Applicable Law permits Lender to make such a charga. Unless an agreement is made in
<br />writing or Applicable Law requires interest to be paid on the Funds, Lender shall not be required ta pay Sorrower any in�erest
<br />or earnings on the Funds. Borrower and I.ender can agree in writing, however, that intcrest shall be paid an the Funds, Lendcr
<br />shall give tq Borrower, withaut charge, an annual accounting of the Funds as reyuircd by RESPA.
<br />[f there is a surplus of Funds held in escrow, as defined under RLSPA, Lender shall ac�nunt ta Borrower for the
<br />excess funds in accordance with R�SPA, !f there is a shortage of Funds held in cscrow, as defined under RESPA, Lender shall
<br />notify Eiorrower as required by RrSPA, and Bvrrower shall pay to Lender the amount necessary to make up the shortage in
<br />aceordanca with RESPA, but in no more than 12 manthly paynients, If lhere is a deficiency of Funds held in escrow, as defincd
<br />under AESPA, Lendar shall notify Borrower as required by RESPA, snd Borrower shAll p�y to Lender the amount necessary to
<br />make up tha de�ciency in accordance with RESPA, but in na more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Sacurily Instrument, Lender shall promptly refund to Borrower any
<br />Funds held hy L,ender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, chargCS, �ncs, nnd impositions attributable to the
<br />Yroperty which can attain priarity over this Security lnstrument, leaschald payn�ents or ground rents on the Property, if any,
<br />and Communiry Association l�ues, Fces, and Asacssments, if' any. T'o thc extent that thesc items are Escrow Items, Borrower
<br />shall pay them in tha manner provided in Section 3.
<br />Borrawer shall promptly discharge any lien which has priority over this Security Instruntent unless Bprrower: (a)
<br />agrces in writing to the puyment of thc obligation secured by the lien in a manner acceptablc ta I,cndcr, but only so long as
<br />Borrpwer is perfonning such agreement; (b) contests the lien iri good faith by, or defends against enforcemenl of the lien in,
<br />legal proceedings which in Lender's apinion operate ta prevent the enforcem�nt of thc lien while those procccdings are
<br />pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreemnnt satisfactvey to
<br />I.ender subordinating th� lien ta this Security Instrument. If Lender detennines that any part of the Property is subjcct to a lien
<br />which can attain priority over this 5ecurity lnstrument, Lender may give f3orrawer a natice identifying thc licn. Within lp days
<br />of the date on which that notice is given, Barrower shaH satisfy the lien or take one or more of the actions set forth abave in
<br />this 5ectian 4.
<br />[,ender may rcquire Horrower ta pay a one-time charge for a real estate tax veriFication and/or reporting servic� used
<br />by I.ender ir► connection with this Loan.
<br />NEBRASKA--Singlc Family-Fannie MaelFreddle Mac UN[FbRM IiV5TRUMENT
<br />i?� 338.2 Pagn 4 of 12 Form 3018 1/Ol
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