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<br />premiums, if any, or any sums payable by Borrower ta Lender in lieu of the payment of Mortgage
<br />Insurance premiums in accordance with the provisions of 5ection 10. T'hese itenns are called "Escraw
<br />Iterns. " At origination or aC any Cime during the term of th� L.van, Lender may require that Cornrnunity
<br />Association Dues, Fees, and Assessments, if any, be escrawed by Borrower, and such dues, fees and
<br />assessments shall be aan Escrow Itern. Boxrower shall promptly furnish to I.ender all notices of amounts to
<br />be paid under this Section. Borrower shall pay Lender the Punds for Escraw Items unless Lender waives
<br />Borrower's obligation to pay the Funds for any or all Escrow Itezns. Lender may waive Borrower's
<br />obligation to pay to I.ender 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, Borrower shall pay directly, when and where payable, the amounts
<br />due for any Escrow Items for which payment of Funds has been waived by I..ender and, if Lender requires,
<br />shall furnish to Lender receipts evidencing such paynnent within such time period as Lender may require.
<br />Borrower's obligation to rnake 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 Barrnwer is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Borrower fails to pay the amvunt due for an Escrow Item, Lender rnay exercise its rights under S�ction 9
<br />and pay such amount and Borrower shall then be obligated under Section 9 to repay to I,ender any such
<br />amount. Lender rnay revoke the waiver as to any or all Escraw Items at any time by a notice given in
<br />accordance with Section 15 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 Funds in an amount (a) sufficient to permit Lender to apply
<br />the Funds at the time speci�ed under 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 />reasonable estimates of expenditures of future Escrow Iterns or oCherwise in accordance with Applicable
<br />Law.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency,
<br />instruznentality, or entity (including L.ender, if L.ender is an institution whose deposits are so insured) ar in
<br />any Federal Home �.oan Bank. J.ender shall apply the Funds to pay the Escrow Items no later than the time
<br />specified under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually
<br />analyzing the escrow accaunt, ar 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 agreement is made in writing
<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 Funds. Borrower and Lender can agree in writing, however, that interest
<br />shall be paid on the Funds. L,ender shall give to Borrower, without charge, an annual accounting 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 defined under RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to
<br />I.ender the amount necessary to make up the shortage in accardance with RESPA, but in no rnore than 12
<br />monthly payments. lf there is a deficiency of Funds held in escrow, as defined under R�SPA, Lender shall
<br />notify Borrower as required by RESPA, and $orrower shall pay to I.,ender the amount necessary to make
<br />up the de�ciency in accordance with RESPA, but in no more Chan 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all ta�ces, assessments, chaxges, fines, and impositions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on the Praperty, if any, and Community Association Dues, Fees, and Assessments, if any. To
<br />the extent thaC these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />NEBRASKA - Single Family - Fannie Mae/Fraddie Mac UNIFORM INSTRUMEIVT �
<br />�-6(NE) loet �1 Peae 5 ot i 5 Initlals: � " Farm 3028 1/01
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