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241�0323�
<br />premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage
<br />Insurance premiums in accordance witti the provisions of Section 10. These items are calle� "Escrow
<br />Items," At origination or at any tune 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 sha11 be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to
<br />be paid under tlus S�rion. Bonower shall pay Lender the Funds for Eserow Items unless Lender waives
<br />Borrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive Borrower's
<br />obligation to pay to Lender Funds for any or all Escrow Items at any tune. Any such waiver may only be
<br />in writing. In the event of such waiver, Borrower shall pay dire�dy, when and where payable, the aznounts
<br />due for any Escrow Items for which payment of Funds has been waived by Lender and, if Lender requires,
<br />shall furnish to Lender receipts evidencing such payment within such time period as Lender may require.
<br />Borrower's obligation to make such payments and to provide receipts shall for aU purposes be deemed to
<br />be a cavenant and agreement contained in this 5ecurity Instrument, as the phrase "covenant and agre�ment"
<br />is used in 5�tion 9. If Borrower is obligated to pay Escrow Items disectly, pursuant to a�vaiver, and
<br />Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights vnder �rion 9
<br />and pay snch amount and Bonower shall then be obligated under Section 9 to repay to Lender aa�y such
<br />amount. Lender may revoke the waiver as to any or all Eserow Items at any time by a IIotia� given in
<br />accordance with Section 15 and, upon such revocation, Bonower shall pay to Lender ali Fvnds, and in
<br />such amounts, that are then requireii under this Section 3.
<br />Lender may, at any time, co11�t and hold Funds in an amount (a) sufficient to pemv.t Lender to apply
<br />the Funds at the tune sp�ified under RESPA, and (b) not to exceeci the malcimum attiount a lender can
<br />require under RESPA. Lender shall estimate the amount of Funds due on the basis of current data and
<br />reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable
<br />Law.
<br />The Funds shall t�e held in an institution whose deposits are insured bq a federal agency,
<br />instrumentality, or entiry (including Lender, if Lendar is an institution whose deposits are so insured) or in
<br />any Federal Home L.oan Bank. I.ander shall apply the Funds to pay the Escrow Items no later than the time
<br />spe�ified under RESPA. Lender sha11 not charge Bonower 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 perrnits Lender to make such a chatge. Unless an agreement is made in writing
<br />or Applicable Law requires interest to be paid on the Funds, Lender shall not be requirefl to pay Borrower
<br />any interest or earnings on the Funds. Borrower and Lender can agr� in writing, however, that interest
<br />shall be paid on the Funds. Lender shall give to Borrower, without chazge, an annual accounting of the
<br />Funds as required by RF.SPA.
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to
<br />Bozrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in e.scrovv,
<br />as defin� under RESPA, I.ender shall notify Borrower as requireti by RESPA, and Borrower ��y to
<br />Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more �au 12
<br />monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender s�a1]
<br />notify Borrower as required by RESPA, amd Borrower shall pay to Lender the amount necessary to maka
<br />up the deficiency in accardance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sum�s secured by ttus Security Instrument, Lender shall promptly refiind
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, chazges, fines, and impositions
<br />attributable to the Property which can attain prioriry over this Security Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Community 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 5ectiott 3.
<br />NEBRASKA - Single Fami(y - Fannie IHae/Freddie Mac UNIFORM INSTRUMENT
<br />�-6(NE) ros>>1 Page 5 of 15 ir,n�eis: Form 3028 7/07
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