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20110475�
<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 Section 10. These items are called "Escrow
<br />Items." At origina.tion or at any time during the term of the I.oan, Lender may ze�quire that Community
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br />assessments shall be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to
<br />be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives
<br />Borrower's obligation to pay the Funds foz 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 time. Any such waiver ma.y only be
<br />in writing. In the event of such waiver, Borrawer 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 furnish 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 receipts shall for all purposes be deemed to
<br />be a covenant and agreement contained in this Security Instrument, as the phrase "covenant and agreement"
<br />is used in Section 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 exercise its rights under Section 9
<br />and pay such amount and Bonower shall then be obligated under Section 9 to repay to Lender any such
<br />amount. I.ender ma.y revoke the waiver as to any or all Escrow Items at any time by a notice given in
<br />accordance with Section 15 and, upon such revocation, Boaower shall pay to Lender all Funds, and in
<br />such amounts, that are then required under this Section 3.
<br />Lender may, at any time, collect and hold Funds in an amount (a) sufficient ta permitt Lender to apply
<br />the Funds at the time specified under RESPA, and (b) not to exceed the malcimum amount a lender can
<br />require under RESPA. Lender shall estimate the amount of Funds due on the basis of curtent data and
<br />reasona.ble estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable
<br />Law.
<br />The Funds shall be held in an institution whose degosits are insured by a federal agency,
<br />instrumentality, or entity (including Lender, if Lender is an institution whose deposits aze so insured) or in
<br />any Federal Home Loan Bank. Lender shall apply the Funds ta pay the Escrow Items no later than the time
<br />specif'ied under RESPA. Lender shall not charge Borrower 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 permits Lender to ma.ke such a charge. Unless an agreement is made in writing
<br />or Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower
<br />any interest or earnings on the Funds. Borrower and Lender can agree 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 />Borrower for the excess funds in accordance with R.ESPA. If there is a shortage of Funds held in escrow,
<br />as defined under RESPA, L,ender shall notify Borrower as required by RESPA, and Borrower shall pay to
<br />Lender the amount necessary to ma.ke ng the shortage in accordance with RESPA, but in no more than 12
<br />monthly payments. ff there is a deficiency of Funds held in escrow, as defined under RESPA, I,ander shall
<br />notify Bonower as required by RFSPA, and Borrower shall pay to Lender the amount necessary � make
<br />up the de�ciency in accordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this 5ecurity Instrument, Lender shall promptly refund
<br />ta Borrower any Funds held by Lender.
<br />4, Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attxibutable to the Property which can attain priarity over this Security Instrument, leasehold payments or
<br />ground rents on the Property, if an,y, and Community Association Dues, Fees, and Assessments, if airy. To
<br />the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />NEBRASKA - Single Family - Fannie Mae(Freddie Mac UNIFORM INSTRUMENT
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