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<br />premiums, if any, or any sums payable by Borrower to Lender in lieu of the paymeat of Mortgage
<br />�nsurance premiums in accordance with the provisions of Se�tion 10. These items are called "F.scrow
<br />Items." At origination or at any time during the term of the Loan, Lender may reqirire that Community
<br />Association Dues, Fees, and Ass�ents, if any, be �crowed by Bonower, and such dues, fees and
<br />assessments sha11 be an Escrow Item. Bonower shall promptly furnish to Lender all notices of amounts to
<br />be paid under this S�tion. Borrower shall pay Lender the Funds for Fscrow Items unless Lender waives
<br />Boirower' 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 a11 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 wluch payment of Funds has been waived by Lender and, if Lender requires,
<br />shall furnish to Lender receipts evidencing such payment within such time periad as Lender may require.
<br />Borrower' s obligation to make such payments and to provide receipts shall for a11 purposes be deemed to
<br />be a covenant and agreement containe� in this Security Instrument, as the phrase "covenant and agreement"
<br />is useci in Se�tion 9. If Borrower is obligated to gay Escrow Items directly, pursuant to a waiver, and
<br />Bonower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under Section 9
<br />and pay such aznount and Bonower sha11 then be obligated under Section 9 to repay to Leuder any such
<br />amount. Lender may revoke the waiver as to any ar all 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 amounts, that are then r�uired under this Section 3.
<br />Lender may, at any time, collect and hold Funds in an aznount (a) sui�cient to permit Lende� to apply
<br />the Funds at the time spe�ifiefl under RESPA, and (b) not to exceed the maximum amount a lender c�n
<br />require under RESPA. Lender shall eskimate the amount of Funds due on the basis of cuirent data and
<br />reasonable e.4timates of expenditutes of firivre Escrow Items or otherwise in accordance with Applicable
<br />Law.
<br />The Funds 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 insure� or in
<br />any Federal Home Loan B�k. Lmder shall apply the Funds to pay the Fscrow Items no later than the time
<br />specified 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 make such a charge. Unless an agreement is made in writing
<br />or Applicable Law requir� interest to be paid on the Funds, Lender shall not be required to pay Borrower
<br />any interest or ea�nings on the Funds. Borrower and Lender c�n agr� in writing, however, that interest
<br />shall be paid on the Funds. Lender sha11 give to Borrower, without charge, an annual acxounting of the
<br />F� � ��a by xE�sra.
<br />If there is a surplus of F�mds held in escrow, as defined under RESPA, Lender shall ac�unt to
<br />Borrower for the excess funds in acxordance with RESPA If there is a shortage of Funds held in �crow,
<br />as defined under RESPA, Lender shall notify Borrower as require� by RESPA, and Bonower shall pay to
<br />Lender the �nount necessazy to make up the shortage in accordance 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, I.ender shall
<br />notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount n�essary to make
<br />up the deficiency in acc;ordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instrument, Lender shall PromPtlY re�nd
<br />to Horrower any Funds held by Lender.
<br />4. Charges; Lfens. Boaower shall pay all taxes, assessments, charges, fines, and impositions
<br />attnbutable to the Properiy wluch can altain priority over this Security Instrument, leasehold payments ar
<br />ground renLs on the Properiy, if any, and Community Association Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escrow Items, Barrower shall pay them in the manner provided in Section 3.
<br />2200129581 n v61�
<br />NEFRASKA - Single Family - Fannle Ma�IFr�ddle Mac UNIFORM INSTRUMEM M
<br />�-6A(NF� loeto) Paga 6 of 16 i �• Form 3028 1/01
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