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<br />premiums, if any, or any sums payable by Borrower to I.ender in lieu of the payment of Mortgage
<br />Insurance premiw�s in accordance with the provisions of Section 10. These items are called "Escrow
<br />Items. " At origination or at any time during the term of the Loan, L,ender may require that Community
<br />Association Dues, Fees, and Assessrnents, if any, be escrowed by Borrower, and such dues, fees and
<br />assessments shall be an Escrow Item. Borrower sha11 prornptly furnish to Lender all notices of amounts to
<br />be paid under this Section. Borrower shall pay I.ender the Funds for Escrow Items unless I.ender waives
<br />Borrower's obligation to pay the Funds for any ar all Escraw Items. Lender may waive $orrower's
<br />obligation to pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may anly 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 Itenas foar which payrnent of Funds has been waived by Lez�dear and, if Lender requires,
<br />shall furnish to I.ender receipts evidencing such payment within such tirne period as Lender rnay require.
<br />Barrower's obligation to rnake such payrnents and to provide receipts shall for all purposes be deerned to
<br />be a covenant and agreement containe� in this Security Instrument, as the phrase "covenant and agreetx�ent"
<br />is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under Section 9
<br />and pay such arnount and Borrower shall then be obligated under Section 9 to repay to I.�ender any such
<br />amount. Lender may revoke the waiver as to any ar all Escrow Items at any time by a notice given in
<br />accordance with Section 15 and, upon such revocation, Borrower sha11 pay to Lender all Funds, and in
<br />such amounts, that are then required under this Section 3.
<br />L.ender may, at any t'rme, collect and hold Funds in an amount (a) sufficient to pemut Lender to a�ply
<br />the Funds at the time speci�ed under RESPA, and (b) not to exceed the mazimum amount a lender can
<br />require under RESPA. Lender shall estiraate the amount of Funds due on the basis of current data and
<br />reasonable estimates of expenditures of future Escrow Iterns 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 />inst�wnentality, or entity (including L.ender, if Lender is an institution whose deposits are so insured) or in
<br />any Federal Home Lvan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time
<br />specified wnder RESPA. Lender shall not charge Boxrower for holding and a�piying the Funds, annually
<br />analyzing the escrow account, or verifying the Escrow Ttems, unless Lender pays Borrower interest on the
<br />Funds arad Applicable I..aw permits L.ender to rX►ake such a charge. Unless an agreement is rnade 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, howevear, that interest
<br />shall be paid on the Funds. Lender sha11 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 R�SPA, Lender shall account to
<br />Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escs�►vv,
<br />as defined under RESPA, L,ender shall notify Borrower as required by RESPA, and Borrower sha11 pay to
<br />Lender the arnount necESSary to rnake up the shortage in accordance with RESPA, but in no more i�a 12
<br />monthly payrnents. If there is a de�ciency of Funds held in escrow, as defined under RESPA, Lerader shail
<br />notify Borrower as required by RESPA, and Bo� shall pay to Lender the amount necessary to make
<br />up the deficiency in accardance with RESPA, but in no more than 12 monthly payments.
<br />Upon payrnent in full of all sums secured by this Security Instrument, Lender shall promptly refiuxd
<br />to Borrower any Funds held by I,ender.
<br />4. Charges; Liens. Borrower shall pay a�l taxes, assessnnents, charges, �nes, and irxxpositions
<br />attributable to the Property which can attain priority over this Security Inst�wnent, leasehold paynnents or
<br />ground rents on the Property, if any, and Carnmunity Association Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escrow Iterns, Borrower shall pay them in the rr►anner pxovided in Section 3.
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
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