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201103756
<br />premiwns, if any, or any sums payable by Borrower to Lender in lieu of the payment af Mortgage
<br />Insurance premiums in accordance with the provi�ons of Se�tion 10. These items are called "Escrow
<br />Items." At origination or at any time during the tesm of the Loan, I.ender may require that Comnnmity
<br />Association Dues, Fees, and Assessments, if any, be escrowerl by Bonower, and such dues, fees and
<br />�ts shall be an Esctow Item Borrower sha11 promptly furnish to Lender all notices of amouvts to
<br />be paid under ttris Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives
<br />Borrower's obligation to pay the Funds for any ar all Escrow Itezns. Lender may waive Borrower's
<br />obligation to pay to Lender 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, Boaower shall pay directly, when and where payable, the amounts
<br />due for �y Escrow Items for wluch payment of Funds has been waived by Lender and, if Lender requires,
<br />sball fumish to Lender receipts evidencing such payment within such time period. as Lender may require.
<br />Bonower' s obligation to make such payments and to provide r�eipts sha11 for all purpose.s be deemed to
<br />be a covenant and agreement contsinefl in this Se�urity Instr�maent, as the phrase "covenant and agreement"
<br />is used in Seetion 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due for an Escrow Item, Lender may e�ercise its rights under Section 9
<br />and pay such a�nount and Bonower shall then be obligated under S�tion 9 to repay to Lender any such
<br />amount. Lender may revoke the waiver as to any or a11 Escrow Items at any time by a notice given in
<br />accordance with Section 15 and, upon such reva�tion, Bonower shall pay to Lender all Funds, and 'm
<br />such �unts, that aze then required under this Section 3.
<br />Lender may, at any time, c�llect and hold Funds in an amount (a) suffici�t to pem�it Lender to apply
<br />the Funds at the time specifiad under RESPA, and (b) not to exc�ed 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 �es of expenditures of future Escrow Items or oth�vvise in acxordance with Applic�ble
<br />Law.
<br />The Funds sha11 be held in � institurion whose deposits are insured by a federal agency,
<br />instrumentality, or entity (including Lender, if Lender is � institution whose deposits aze so insurefl) or in
<br />any Federal Home Loan Bank, Lmder shall apply tha Fimds to pay tha Escrow Items no later thau the time
<br />specified under RESPA I.ender shall not charge Boaower for holding and applying the Funds, annually
<br />analyzing the escrow acxount, or verifying the Escrow Items, unless Lender pays Borrower interest on tlie
<br />Fwids and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing
<br />or Applic�ble Law requires interest to be paid on the Funds, Lender shall not be required to pay Boaower
<br />any interest or earnings on the Funds. Borrower and Lender can agrce in writing, however, that inteaest
<br />shall he paid on the Funds. Lender shall give to Bonower, without charge, an annual accounting of the
<br />Funds as required by RESPA
<br />If there is a surplus of Fuvds held in escrow, as defined under RESPA, Lender shall account to
<br />Boxrower for the excess funds in accordance with RESPA If there is a shortage of Funds held in escrow,
<br />as defined under RESPA, Lender shall notify Boaower as required by RESPA, and Borrower shall pay to
<br />Lender the amount n�essary to make up tha shortage in acxordance with RESPA., but in no more than 12
<br />monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Bonower as required by RESPA, aad Borrower shall pay to Lender the amouat necessary to make
<br />up the deficiency in accordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums s�urefl by this Security Instrument, Lender sha11 promptly refimd
<br />to Borrower any Funds held by Lender.
<br />4. Ch�rges; I3ens. Borrower sha11 pay all taxes, assessments, chazges, fines, and impositions
<br />attdbutable to the Property which c�n attain priority over this Se�i�rity Inslrument, leasehold payments or
<br />ground rents on the Property, if any, and Community Association Dues, Fee.s, and Assessments, if �y. To
<br />the extent that these items are Escrow Items, Bonower shall pay them in the manner provided in Sedion 3.
<br />2200133693 D V6AN8
<br />NEBRASKA - Single Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMENT WITH M
<br />�-6A(NFa loe�ol Page 6 of 16 irua�: Form 3028 7/01
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