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<br />prumiurnti, if any, ar any sum� payable by Borrower lo Lender in lieii of the paymenl oI� Mortgage
<br />In.utance premiwns in accotdance with the provisions of Section 10. 7'hese items are called "Escrvw
<br />Itcttis." At originulion ar at any time dutin� lhe tenn ol' Ihe Loan, Lender may require that Commiu�ity
<br />As�uciaiion Dues, Feeti, and Assessments, if any, be escrowed by T3orrower, and such dues, f`ees and
<br />asaessment5 shull be an Escrow Item. Bortower shall proinptly fiirnish to Lender all notices of a�nounts lo
<br />he paid under this Seciion. $orrower shall pay Lender the l�tiinds fi�r i;scrow Iterns unl�ss Lender warves
<br />Borrower'� ohli�ation to ray the l� unds fnr auy or all Escrow Items. Lendet muy waive Borr��wcr'G
<br />obligation to pay to Lcnd�r l�unds fnr any nr all F,ticrow Itemti at any time. Any such waiver may only bc
<br />in wz'iting. In the event pf such waiver, Bortowet shall pay directly, when and where payable, the amuunt�
<br />duc fi�r any Escraw Itctxis for which payment of Funds has been waived by Lender and, if Lender requires,
<br />shall tirrnitih ie� Lender receiptti evidencing nuch payment wilhin such time period as I.ender may requite.
<br />C3orrower's nbligation ta make �uch paymenls and to provide receipts shall lor all purposes be deemed to
<br />be a covenant an�l agreernent contained in ihi5 Secutiiy Instrument, us lhe phrase "covenant anci agreement"
<br />is used in Seclion 9. If Bottower is obligaled to pay Escrow Items directly, pursuant to a waivet, and
<br />I3orrower fails io pay the amount due lor an Escrow Iiem, Lender may exercise its rights undet Seciion 9
<br />and pay nuch amount and Borrower shall then be obligated undcr Section 9 to repay to Lcndcr any such
<br />amount. Lender inay tevoke the waiver as to any or all Cscrow ItcmG at any time by a notice given in
<br />accordance with Seclion 15 and, upon such revocation, Borrow�r tihall pay tn Lender all l�unds, and in
<br />tiuch amounts, that are then required under this Sectior� 3.
<br />Lender may, at any tiine, collect and hold 1'unds in an arnni�nt (a) tiufticient tc� permit Lcnder to apply
<br />the Fundy at the time specilied under RT�'SPA, and (b) not to excecd the tnaximu►ta azraount a Iender can
<br />require under RESPA. Lender shull estimate the amount of Punds due on the basis of current data and
<br />rcationable etitimutes of expenditures of luture Escrow Items or otherwisc in accordance with Applicable
<br />Law.
<br />The P'und� �hall he held in an institution whose deposits are insured by a lederal agency,
<br />instrutr�eritality, ot entity (including Lender, if Lender is an institution whose depositG are so insured) or in
<br />any kederal FInme Lnan Bank. Lendet shall apply the Funds to pay the Escrow Items no later than the time
<br />tirecifie�l unciet RESPA. Lender �hall not charge $orrower for holding and applying thc l�iuids, annually
<br />anal.yziryg the etictow acenunt, �it vetifyin� the Escrvw Iteins, unless Lendcr pays Borrower interest on the
<br />l;undti and Applicable I�aw permitti Lender to make such a charge. Unless an agrceinent is made in writing
<br />or Applicable Law tequires interest to be paid vn the Funds, Lender shall not be required to pay Borrowet
<br />any intere�t nr earnix�g� nn f}�e Fands. Bottower and Lencier cun aeree in writing, however, that intetest
<br />�hall be paia pn the Punds. Lender shall give to Sorrower, without charge, an annual accounting of the
<br />Funds as rcquire�l by Ri;SPA_
<br />If there is a tiut nf Fund� helcl in e�crow, as delined under TtESPA, T.ender shall account to
<br />$�rrowcr for thu execss fiinds in accordance with RESPA. If there iy a shottage of' Funds held in escrow,
<br />as defined un�ler RESPA Lender shall notify Borrower as required by RESPA, and Borrower shall pay to
<br />Lender the amount necessary to inake up lhe shortage in accordance with RESPA, but in no more than 12
<br />tnonthly payment�. If there is a deliciency ol FundS held in escrow, as defined under RESPA, T.ender shall
<br />nntify Bnrtower as required by RESPA, and $orrower shall pay to Lendcr the amount neccssary to make
<br />up the dcficiency in accordance with RESPA, but in no mote than 12 monthly payments.
<br />Upan puyrnent in full of all sulns secured by this Security Instnunent, Lendcr shall promptly refund
<br />tn Borrower any Ftimdy held by Lendet.
<br />4. Charges; Liens. $orrower shall pay all taxcs, asscssnients, chargee, fneti, and impositions
<br />uttributable tn thc Property which can attain priarity oVer this Security Insttumenl, leasehold payments or
<br />ground rents on the Pr�perty, if an.y, and Cnmmtuiity Association Dues, Fees, and Assessinenls, if uny. To
<br />the extent thai theye iteme ate Esctow Items, Borrower shall pay them in thc ►nanncr providcd in Scction 3.
<br />NEBRASKA- Single Family - F'annieMae/Freddie Mac LINIFORM INSTRUMENT
<br />�-6�NE) �osi�� Page 5 of15 in�tieis: �� Form 3028 1/01
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