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201101020
<br />7he Funcls 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 in
<br />any Federal Home Loan Bank. Lender shall apply the Funds to pay #he Escrow Items no later fhan the
<br />time speafied under RESPA. Lender shall not charge Borrower for holding and applying the Funds,
<br />annually analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower
<br />interest on the Funds and Applicable Law permits Lender to make such a charge. Unless an agreement
<br />is made in writing or Applicable Law requires interest to be paid on the Funds, I.ender shall not be
<br />required to pay Borrower any interest or eamings on the Funds. Borrower and Lender can agree in
<br />writing, however, that interest shall be paid on the Funds. Lender shall give to Borrower, without charge,
<br />an annual accounting of the Funds as required by RESPA.
<br />If thene is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to
<br />Bonower for the excess funds in accordanc,� with RESPA. ff 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 />Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more #han
<br />12 monthly payments. If there is a deficiency of Funds hetd in escrow, as defined under RESPA, Lender
<br />shall natify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to
<br />make up the deficiency in acc�rdance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Secunty Instrument, Lender shall promptly
<br />refund to Sorrower 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 lnstrument, leasehold payments or
<br />ground rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any.
<br />To the extent that these items are Escrow Items, Borrower shall pay them in the manner pravided in
<br />Section 3.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless
<br />BoROwer: (a) agrees in writing to the payment of the obligation secured by the tien in a manner
<br />acceptable to Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in
<br />good faith by, ar defends against enforcement of the lien in, legal proeeedings which in Lender's opinion
<br />operate to prevent the enforcement of the lien while those proceedings are pending, but only until such
<br />proceedings are concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender
<br />subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is
<br />subject to a lien which cah attain priority over this Security Instrument, Lender may give Borrower a notice
<br />identifying the lien. Within 10 days of the date on which that notice is given, Bo�rower shatl satisfy the lien
<br />or take one or more of the actions set forth above in this Section 4.
<br />Lender may require Bc>rrower to pay a one-time charge for a real estate tax ver'rfication and/or
<br />reporting service used by Lender in connection with this Loan.
<br />5. Property Insurance. Borrower shaA keep the improvements now existing or hereafter
<br />erected on the Property insured against loss by fire, hazards included within the term "extended
<br />coverage," and any other hazards including, but not limited ta, earthquakes and floods, for which Lender
<br />requires insurance. TMis insurance shall be maintained in the amounts (including deductibte levels) and
<br />for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can
<br />change during the term of the Loan. The insurance carrier providing the insurar�ce shall be chosen by
<br />Borrower subject to Lender's right to disapprov� Barrower's choice, which ri�ht shall not be exercised
<br />unreasonably. Lender may require Sorrower to pay, in cflnnection with this Loan, either: (a) a one-time
<br />charge for flood zone determination, certification and tradcing services; or (b) a one-time charge for flood
<br />zone determination and certification services and subsequent charges each time remappings or similar
<br />changes occur which reasonably might affect such determination or cerkification. Borrower shall also be
<br />responsible for the payment of any fees imposed by the Federal Emerger�cy Management Agency in
<br />connection with the review of any flood zone determination resulting from an objection by Borrower.
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<br />* 3 O O O 1 4 4 2 8 S+t � M C M D O T�
<br />NEBRA$KA--Single Family-Fannie Mas/I�reddia Mac UNIFORM INSTRUMENT Form 3028 1/01 (page 5 of 14 pages)
<br />Mortgage Cadenee, LLC � 3027 02/06
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