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<br />�0110596� 201�Oi96�
<br />premiums, if any, or any sums payable by Bonower to Lender in lieu of the payment of Mortgage
<br />Insurance premiums in accordance with the provisions of Secrion 10. These items are callefl "Escrow
<br />Items." At origination or at any time during the term of the Loan, Lender may require that Communiry
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fces and
<br />assessments shall be an Fscrow Item. Borrower shall prompdy 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 for 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 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 furnish to Lender receipts evidencing such payment within such time period as Lender may require.
<br />Borrower's obligarion 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 S�tion 9. If Bonower is obligated to pay F•scrow 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 Se�tion 9
<br />and pay such amount and Bonower shall then be obligated under Section 9 to repay to L.ender any such
<br />amount. Lender may revoke the waiver as to any or all Escrow Items at any time by a notice given in
<br />accordance with 5ection 15 and, upon such revocation, Bonower shall pay to Lender all �unrls, and in
<br />such amounts, that aze then required under this Se,ction 3.
<br />Lender may, at any time, collect and hold Funds in an amount (a) suf�cient to permit Lender to apply
<br />the Funds at the time spe�ified under RFSPA, and (b) not to exceed the maximum amount a lender can
<br />require under RESPA. Lender shall estimate the amount of Funds due on the basis of current data and
<br />reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable
<br />Law.
<br />The Funds shall be held in an institurion whose deposits aze insured by a federal agency,
<br />instrumentality, or entiry (including Lender, if Lender is an institution whose deposits are so insured) or in
<br />any Fetieral Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time
<br />speeified under RESPA. Lender shall not chazge Borrower for holding and applying the Funds, annually
<br />analyzing the escrow account, or verifying the Escrow Items, unless I.ender pays Borrower interest on the
<br />Funds and Applicable Law pemuts Lender to make 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 requirefl to pay Borrower
<br />any interest or earnings on the Funds. Borrower and Lender can agree in writing, however, that intere.st
<br />shall be paid on the Funds. Lender shall give to Bonower, without chazge, 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 RES�A, Lender shall account to
<br />Borrower for the exc,ess funds in accordance with RESPA. ff there is a shortage of Funds held in ��v,
<br />as define� under i2E5PA, Lender shall norify Borrower as re�uirefl by RFSP1�, and Borrovver sha11 ��o
<br />Lender the amount necessary to make up the shortage in acc:ordance with RESPA, but in no mor� ���
<br />monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, L,ender s1�
<br />notify Bonower as required by RESPA, and Borrower shall pay to L,ender the amount 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 secured by this Securiry Instrument, Lender shall promptly refund
<br />to Bonower any Funds held by Lender.
<br />4. Charges; Liens. Bonower shall pay all taxes, assessments, charges, fines, and impositions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To
<br />the extent that these items aze Eserow Items, Bonower shall pay them in the manner provided in Section 3.
<br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />�-6�NE) (oai � � Page 5 af 15 inniais: Form 3028 1/01
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