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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 ln accordance with the provisions of Section 10. These items az'e called "Escrow
<br />Items." At origination ar at any time during the term of the L,aan, Lender may require that Community
<br />Assaciatian Dues, Fees, and Assessments, if any, be escrowed by Borrower, and sach dues, fees and
<br />assessments shall be an Escrow Item. 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 unless Lender waives
<br />Borrower's obligation to pay the Funds for any or all �,scrow Items. Lender may waive Borrower's
<br />obligation to pay to Lender Funds for any or all Escraw Items at any time. Any such waiver may only be
<br />in writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the amounts
<br />due fnc any Escraw Items for which payment of Funds has been waived by Lender and, if Lender requires,
<br />shall furnish to Lender receipts evidencing such payment within such time period as Lender may require.
<br />Borrower's obli�atian to make such payments and to provide receipts shall for all purposes be deemed to
<br />be a cavenant and agreement contained in this Security Instrument, as the phrase "covenant and agreement"
<br />is used in Section 9. If Barrower is ohligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Barrawer fails ta pay the amount due for an Escrow Iiem, I.ender may exercise its rights under Section 9
<br />and pay such amount and Borrower shall then be obligated under Sectlan y ta repay m Lender any such
<br />amount. �.ender may revoke the waiver as to any or all Escrnw Items at any time by a notice given in
<br />accordance with Section 15 and, upan such revocation, Borrower shall pay ta 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 Funds in an amount (a) sufficient to permit Lender to apply
<br />the Funds at the time specified under RESPA, and (b) not to exceed the maximum amouni a lender can
<br />require under RESPA. Lender shall estimate the amount of Funds due on the hasis of current data and
<br />reasanable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable
<br />Law.
<br />The Funds shall be held in an institution whose deposits are insured by a f'ederal agency,
<br />instrumentality, or entity (including Lender, if Lender is an institutinn whase 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 RESPA. Lender shall no[ charge Borrower for holdin� and applying the Funds, annually
<br />analyzing the escrow account, ar verifying the Escrow Items, unless Lender pays 'Borrower interest an the
<br />Funds and Applicable Law permlts Lender to make such a charge. Unless an agreement is made in writing
<br />or Applicable Law requires interest to be paid on the Punds, I.ender shall not be required to pay Borrower
<br />any interest ar earnings on the Funds. Borrower 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 accounting of the
<br />Funds as required by RE5PA.
<br />If there is a surplus of Funds held in escrow, as de�ned under RESPA, Lender shall account to
<br />Borrower for the excess fands in accordance with RESPA. Tf there is a shortage of Funds held in escrow,
<br />as def3ned under RESPA, Lender shall notify Bnrrawer as required by RESPA, and Borrower shall pay ta
<br />I,ender the amaunt necessary to make up the shortage in accordance with RESPA, but in no more than 12
<br />monthly payments. If there is a deficiency of Funds held in escrow, as de�ned under R�51'A, Lender shall
<br />notify Borrawer as required by RESPA, and Borrower shall pay to T�ender the amouni necessary to make
<br />up the deficiency in accordance with RESPA, but in no mare than 12 monthly payments.
<br />Upon payment in full of all surns secured by this Security Instrument, I.ender shall pramptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Chazgas; Liens. Borrawer shall pay all taxes, assessments, charges, flnes, and impositions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payments or
<br />graund 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 />001122305971 CitiMortgage 3.2.43.08 V4
<br />N�RASKA - Single Family - Fannle Mae/Ffeddle MaC UNIFQRM INSTRUMBJT WITH�IQFRS
<br />��A(Nq (osio� Page 5 of 15 Initials: l � S Form 3Q28 1/U1
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