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�a1100482
<br />premiums, if any, or any surns payable by Borrawer ta L.ender in lieu of the payrnent of Mortgage
<br />Insurance premiums in accordance with the provisiozzs of Section 10. These items are calleti "Escrow
<br />Items." At origination or at any time during the term of the I.oan, Lender may require that Community
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessrnents shall be an Escraw 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 I,ender waives
<br />Borrower's obligation to pay the Funds far any or all Escrow Items. I,ender rnay waive Borrower's
<br />obligation to pay to Lender Funds for any or a]1 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 arnounts
<br />due far any Escrow Items for which payrnent of Funds has been waived by L.ender and, if Lender requires,
<br />shall furnish to L.ender receipts evidencing such payment vvithin such time per�od as Lender may require.
<br />Borrower's obligation ta make such payments and to pravide receipts shall for all purposes be deemed to
<br />be a covenant and agreement contained in this Security Instrument, as the phrase "covenant and agreernent"
<br />is used in Section 9. If Borrower is obligated to pay Escrow ltems directly, pursuant to a waiver, and
<br />$orrower fails to pay the amount due for an Escrow Ttem, Lender may ezercise its rights under Section 9
<br />and pay such amount and Borrower shall then be obligated under $ection 9 to repay to Lender any such
<br />amaunt. Lender may revoke the waiver as to any or all Escrow Jtems at any time by a notice given in
<br />accardance 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 pernvt Lender to apply
<br />the Funds at the time specified under RESPA, and (b) not to exceed the mazirnum amount a lender ca�a
<br />require under RESPA. Lender shall estimate the annount of Funds due on the basis 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 federal agency,
<br />instrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insured) or ian
<br />any Federal Home L.oan Bank. T.,ender shall apply the Funds to pay the Escrow Items no later than the time
<br />specified under RESPA. L.ender shall not charge Bonower for halding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the
<br />Funds and Applicable Law pernuts I.,ender to make such a charge. Unless an agre�ment is rnade in writing
<br />or Applicable L,aw requires interest ta be paid on the Funds, Lender shall not be required ta pay Borrower
<br />any interest or earnings on the Funds. Borrower and Lender can agree in writing, hawever, that interest
<br />shall be paid on the Funds. Lender shall give to Barrower, 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 Lo
<br />Borrower for the excess funds in accordance with RFSPA. If there is a shartage of Funds held in escrow,
<br />as defined under RESPA, �.ender shall notify Borrower as required by R�SPA, and Borrower shail pay to
<br />Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12
<br />manthly payrnents. If there is a de�ciency of Funds held in escrow, as defined under RESPA, Lender st�a11
<br />notify Borrower as required by RESPA, and Borrawer shall pay Ca L.ender the amount necessary to make
<br />up the deficiency in accordance with RESPA, but in no more than 12 manthly payrnents.
<br />Upon payment in full of all sums secured by this Se�urity Instrument, Lender shall promptly refund
<br />to Barrawer any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Comumunity Assaciation 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.
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<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFQRM INSTRUMENT
<br />�-6�NE) rosi il Page 5 of 15 iniciai� Form 3028 1/01
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