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<br />Mortgage Insurance premiums in accordance with the provisions of Section 10. These items are called "Escrow Items."
<br />At origination or at any time during the term of the Loan, Lender may require that Community Association Dues, Fees,
<br />and Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments sha11 be an Escrow Item. Bortower
<br />shall promptly fitrnish to Lender all notices of atnounts to be paid under this Section. Borrower shall pay Lender the
<br />Funds for Escrow Items unless Lender waives B orrower's obligation to pay the Funds for any or all Escrow Items. Lender
<br />may waive Bonower's obligation to pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may
<br />only be in writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the amounts due
<br />for any Escrow Items for which payment of Funds ha.s been waived by Lender and, if Lender requires, shall furnish to
<br />Lender receipts evidencing such payment within such time period as Lender may require. Borrower's obligation to make
<br />such payments and to provide receipts shall for all purposes be deemed to be a covenant and agreement contained in this
<br />Security Inshument, as the phrase "covenant and agreement" is used in Section 9. If Borrower is obligated to pay Escrow
<br />Items directly, pursuant to a waiver, and Borrower fails to pay the amount due for an Escrow Item, Lender may exercise
<br />its rights under 5ection 9 and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender
<br />any such amoun� Lender may revoke the waiver as to any or all Escrow Items at any time by a notice given in accordance
<br />with Section 15 and, upon such revocation, Borrower shall pay to Lender all Funds, and in such amounts, that are then
<br />required under this Section 3.
<br />Lender may, at any tune, collect and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds at the
<br />time specified under RESPA, and (b) not to exceed the m�imum amount a lender can require under RESPA. Lender
<br />shall estimate the amount of Funds due on the basis of cunent data and reasonable estimates of expenditures of future
<br />Escrow Items or otherwise in accordance with Applicable Law.
<br />The Funds shall be held in an instiiution whose deposits are insured by a federal agency, instrumentality, or entity
<br />(including Lender, if Lender is an institution whose deposits are so insured) or in a.ny Federal Home Loan Bank. Lender
<br />shall apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender shall not charge
<br />Borrower for holding and applying the Funds, a.nnually analyzing the escrow account, or verifying the Escrow Items,
<br />unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make such a charge. Unless
<br />an agreement is made in writing or Applicable Law requires interest to be paid on the Funds, Lender shall not be required
<br />to pay Borrower a.ny 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 Funds as required
<br />by RESPA.
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender sha.11 account to Borrower for the excess
<br />funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Borrower as required by RE5PA, and Bortower shall pay to Lender the amount necessary to make up the shortage
<br />in accordance with RESPA, but in no more than 12 monthly payments. If there is a deficiency of Funds held in escrow,
<br />as defined under RESPA, Lender shall notify Borrower as required by RE5PA, a.nd Bonower shall pay to Lender the
<br />amount necessary to make up the deficiency in accordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of a.11 sums secured by this Security Instntment, Lender shall prompfly refund to Bonower any
<br />Funds held by Lender.
<br />4. Charges; Liens. Bonower shall pay all taxes, assessments, chaxges, fines, and impositions aitributable to the Property
<br />which can attain priority over this Security Instrument, leasehold payments or ground rents on the Properly, if any, and
<br />Community Association Dues, Fees, and Assessments, if any. To the extent that these items are Escrow Items, Borrower
<br />shall pay them in the manner provided in Section 3.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees
<br />in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as
<br />Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien
<br />in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while those proceedings
<br />are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreement
<br />HCFG-00359
<br />NEBRASKASingle Family-Fannia Mae/Freddie Mac UNIFORM INSTRUMENT
<br />VMP�
<br />Wolters Kluwer Financial Servicea 201107294.0.0.0.4002J20110224Y
<br />Form 302B 7/01
<br />Paga 4 ot 13
<br />' 3069 17 7'
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