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<br />and
<br />such
<br />the
<br />�s, if any, or any sums payable by Bonower to Lender in lieu of the payment of Mortgage
<br />:e premiums in accordance with the provisions of Section 10. These items are called "Escrow
<br />At origination or at any time during the term of the Loan, Lender may require tha# Community
<br />don Dues, Fees, and Assessments, if any, be escrowed by Bonower, and such dues, fees and
<br />snts sha11 be an Escrow Item. Bonower sha11 promptly fiu�nish to Lender a11 notices of amounts to
<br />under this Section. Borrower sha11 pay Lender the Funds for Escrow Items unless Lender waives
<br />;r' s obligation to pay the Funds for any or a11 Escrow Items. Lender may waive Bonower' s
<br />�n to pay to Lender Funds for any or a11 Escrow Items at any tixne. Any such waiver may only be
<br />ig. In the event of such waiver, Borrower sha11 pay directly, when and where payable, the amounts
<br />any Escrow Items for which payment of Funds has been waived by Lender and, if Lender requires,
<br />rnish to Lender receipts evidencing such payment within such time period as Lender may require.
<br />�r' s obligation to make such payments and to provide receipts sha11 for a11 purposes be deemed to
<br />venant and agreement contained in this Security Instrument, as the phrase "covenant and agreement"
<br />in Section 9. If Bonower is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />�r fails to pay the amount due for an Escrow Item, Lender may exercise its rights under Section 9
<br />such amount and Borrower sha11 then be obligated under Section 9 to repay to Lender any such
<br />Lender ma.y revoke the waiver as to any or a11 Escrow Items at any time by a notice given in
<br />nce with Section 15 and, upon such revocation, Borrower sha11 pay to Lender a11 Funds, and in
<br />iounts, that aze then required under this Section 3.
<br />nder may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply
<br />ds at the time specified under RESPA, and (b) not to exceed the maximum amount a lender can
<br />under RESPA. Lender sha11 estimate the amount of Funds due on the basis of current data and
<br />ble estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable
<br />Law.
<br />e Funds shall be held in an institution whose deposits are insured by a federal agency,
<br />entality, or entity (including Lender, if Lender is an institution whose deposits are so insured) or in
<br />any F deral Home Loan Bank. Lender sha11 apply the Funds to pay the Escrow Items no later than the time
<br />specifi d under RESPA. Lender shall not charge Bonower for holding and applying the Funds, annually
<br />analy g 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 Ap � licable Law requires interest to be paid on the Funds, Lender sha11 not be required to pay Borrower
<br />any in erest or earnings on the Funds. Borrower and Lender can agree in writing, however, that interest
<br />sha11 e paid on the Funds. Lender sha11 give to Borrower, without charge, an annual accounting of the
<br />Funds as required by RESPA.
<br />I there is a surplus of Funds held in escrow, as defined under RESPA, Lender sha11 account to
<br />Bono er for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow,
<br />as de ed under RESPA, Lender shall notify Bonower as required by RESPA, and Borrower sha11 pay to
<br />Lend the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12
<br />mon y payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender sha11
<br />notify Borrower as required by RESPA, and Borrower sha11 pay to Lender the amount necessary to make
<br />up the deficiency in accordance with RESPA, but in no more than 12 monthly payments.
<br />pon payment in full of a11 sums secured by this Security Instrument, Lender sha11 promptly refund
<br />to Bo ower any Funds held by Lender.
<br />. Charges; Liens. Borrower sha11 pay all taxes, assessments, charges, fines, and impositions
<br />amib le to the Property which can attain priority over this Security Instrument, leasehold payments or
<br />grout rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To
<br />the e ent thai these items are Escrow Items, Bonower sha11 pay them in the manner provided in Section 3.
<br />2200158219 D V6ANE
<br />NEB SKA - Single Family - Fennie Mae/Freddle Mec UNIFORM INSTRUMENT WRH MERS
<br />�- A(NE)1os�01 Page 6 of 15 �nitie�s: � Form 3028 1/01
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