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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 in accordanc� with the provisions of Section lp. These items are called "Escrow
<br />Items." At origination or at any time during the term of the Loan, Lender may require that Community
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessments shall be an Escrow Itern. Borrower shall promptly fumish to Lender all notices of amounts to
<br />be paid under this Section. Bonower shall pay Lender the Funds for Escrow Items unless L.cnder waives
<br />Bonower's obligation to pay the Funds for any or all Escrow Ttems. Lender rnay waive Borrower's
<br />obligation to pay to L.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, Borrawer shall pay directly, when and where payable, the amounts
<br />due for any Escrow Items far which payment of Funds has been waived by I.ender and, if Lender requires,
<br />shall furnish to Lender receipts evidencing such payment within such Cime period as Lender rnay require.
<br />Borrower's obligation to rnake such payments 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 Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Bonower fails to pay the amount due for an �scrow Item, Lender may exercise its rights under Section 9
<br />and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such
<br />amount. Lender may revoke the waiver as to any or all Fscrow Items at any time by a notice given in
<br />accordance with Section 15 and, upon such revocation, $orrower shall pay to I,ender all Funds, and in
<br />such amounts, that are then required under this Section 3.
<br />Lender may, at any tirne, collect and hold Funds in an amount (a) sufficient to pernut Lender to apply
<br />the Funds at the time speci�ied under RESPA, and (b) not to exceecl the maximum amount a lender can
<br />require under RESPA. Lender shall estimate the amount of Funds due on the basis of cunent data and
<br />reasonable estimates of expenditures of future Escrow Items ar atherwise 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 L.ender is an institution whose 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 />speci�ied under RESPA. Lender shall not charge Borrower for holding 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 permits Lender to malce such a charge. Unless an agreement is made in writing
<br />or Applicable Law requires interest to be paid on the Funds, Lender shall nat 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. Lender shall give to Borrower, without charge, an annual accounting of the
<br />Funds as required by RESPA.
<br />Tf there is a surplus of Funds held in escrow, as defined under RESPA, L.ender 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, I.ender shall notify Bonower as required by RESPA, and Bonower shall pay to
<br />L.ender the amount necessary to make up the shortage in accordance with RESPA, but in no rnore than 12
<br />monthly payments. If there is a de�ciency of Funds held in escrow, as de�ned under RESPA, Lender shall
<br />notify Borrower as required by RESPA, and Bonower shall pay to Lender the amount necessary to rnake
<br />up the deficiency in accordance with R�SPA, but in no rnore than 12 rnonthly payments.
<br />Upon payment in full of all swns secured by this Security Instrurnent, L.ender shall promptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, �nes, and impasitions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on tlae Property, if any, and Cornmunity 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 />NEBRA5KA - Single Family - Fannie Mae/Freddie Mac UNIFORM INS7RUMENT
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