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20�10�07�
<br />PI'��, if any� o�' any sums payable by Boaower to Lender in lieu of tbe payment of Mortgage
<br />Insurance Premiums in accordance with the provisions of Se�tion 10. The,se items are callerl "F�scrow
<br />Items." At origination ar at any time during the term of the Loan, Lender may require that Community
<br />Association Dues, F�s, and Assessments, if any, be escrowe� by Borrower, and such dues, fees and
<br />assessments shall be an Escrow Item. Borrower sha11 promptly furnish to Lender all notices of amounts to
<br />be paid under this �ckion. Borrower shall pay Lender the Funds for F.scrow Items unle,ss Lender waives
<br />Bonower' s obligation to pay tha Funds for any ar all F,scrow Items. Lender may waive Borrower' s
<br />obligation to pay to Le�der Funds for �y 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 Itenos for which payment of Funds has been waiveri by L�der and, if Lender requires,
<br />sha11 furnish to Lender receipts evidencing such payment within such time period as Lender may r�uire.
<br />Borrower' 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 Se�urity Instcument, as the plu�ase "covenant and agreement"
<br />is us�i 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. Lender may revoke the wai�er as to any or all Escrow Items at any time by a notice given in
<br />accordance with Section 15 and, upon such revo�rion, Borrower shall pay to Lender all Funds, and in
<br />such amowits, that aze then required under this Section 3.
<br />Lender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply
<br />the Funds at the time specified under RESPA., and (b) not to exceed the maximum amount a lender can
<br />require under RESPA. Lender shall �te the amount of Funds due on the basis of cunent data and
<br />reasona,ble e,4timates of expenditures of future Escrow Items or othervvise in accordance with Applic�ble
<br />Law.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency,
<br />mstrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insurefl) or in
<br />any Federal Home Loan Bank. Lender shall apply the Fimds to pay the Escrow Items no later than the time
<br />sPecified undeq' 1tESPA. 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 Applic�ble Law permits Lender to make such a charge. Unless an agre,ement is made in writing
<br />or Applicable Law raquires interest to be paid on the Funds, Lender sha11 not be required to pay Borrower
<br />any interest or earnings on the Funds. Bonower and Lender can agr� in writing, however, that interest
<br />shall be paid on the Funds. Lender sha11 give to Borrower, without chazge, an annual ar.c�unting of the
<br />Funds as rer�uired by RESPA.
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall acxount to
<br />B�rrower 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 Borrower as re�uired by RESPA, and Bonower sl�all pay to
<br />Lender the amount ne�essary 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, Lender 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 accordance 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 refund
<br />to Borrower any Funds held by I.ender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions
<br />attdbutable to the Properiy which can attain priority over this Security Insttvment, 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 are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />2200173281 D v6ANE
<br />NEBRASKA - Single Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMENT WITH MER.S
<br />�-6A(Nq coetol Paga 6 of 16 intt�ais: `f')Y Form 3028 1l01
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