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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 accordance with the provisions of S�tion 10. 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 />Associarion Dues, Fees, and Assessments, if any, be escrowed by Bonower, and such dues, fces and
<br />assessments shall be an Escrow Item, Borrower shall promptly fiunish to I.ender all norices of amounts to
<br />be paid undez this Section. Borrower shall pay Lender the Funds for Fscrow Items unless Lender waives
<br />Borrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive Bonower's
<br />obligation to pay to I.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, Borrower shall pay directly, when and where payable, the amounts
<br />due for any Escrow Items for which payment of Funds has been waived by Lender and, if Lender requires,
<br />shall fiuvish to Lender receipts evidencing such payment within such time period as Lender map require.
<br />Borrower's obligation to make such payments and to provide r�;eipts shall for all purposes be deemed to
<br />be a covenant and agreement contained 'vn this Security Instrument, as the phrase "covenant and agreement"
<br />is use� in Se�tion 9. If Borrower is obligated to paq Fscrow Ite�ms directly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due for an Fscrow Ttem, Lender may exercise its rights under Se�tion 9
<br />and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any sucii
<br />amount. Lender may revoke the waiver as to any or all Escrow Items at any time by a norice given in
<br />accordance with S�tion 15 and, upon such revocation, Borrower shall pay to Lender all Funds, and in
<br />such amounts, that aze then required under this S�tion 3.
<br />I.ender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply
<br />the Funds at the time specified under RESPA, and (b) not to excee� the �imum amount a lender can
<br />require under RESPA. Lender shall estimate the amount of Funds due on the basis of curtent data and
<br />reasonable estimates of expenditures of future Fserow Items or otherwise in accordance with Applicable
<br />L.aw.
<br />The Funds shall be held in an institution whose degosits aze insured by a federal agency,
<br />instnamentality, or entity (including Lender, if Lender is an insriturion whose deposits aze 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 />specified under RESPA. Lender shall not charge Borrower For holding and applying the Punds, 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 make such a charge. Unless an agreement is made in writing
<br />or Applicable "Iaw requires interest to be paid on the Funds, Lender shall not be required to pay Bonower
<br />any interest or earnings on tke Funds. Bonower and Lender can agr� 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 />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to
<br />Bonower for the exc.ess funds in accordance with RESPA. If there is a shortage of Funds held in escrow,
<br />as defined under itESPA, Lender shall notify Borrower as required by RESPA, and Bonower shall pay to
<br />Lender t�e amount necessary to maice up the shortage in accordance with RESPA, but in no more than 12
<br />aronthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Borrower as required by RESPA, and Bonower shall pay to Lender the amount necessary to make
<br />up the deficiency in accordance with RFSPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by tlus S�urity Instrument, Lender shall promptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, cha.rges, fines, and impositions
<br />attributable to the Property wluch can attain priority over this Securiry Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Community Association Dues, F�, and Assessments, if any. To
<br />the extent that these items are Escrow Items, Bonower shall pay them in the manner provided in Section 3.
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNtFORM INSTRUMEIVT
<br />�-6(NE) ros1 �) Page 5 of 15 in�ciais: Form 3028 1/07
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