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201107724
<br /> premiums, if any, or any sums payable by Bonower to L.ender in lieu of the payment oF Mortgage
<br /> inc�,rance p�� � accordance with the provisions of Section 10. These items are called "Escmw
<br /> Items." At origina[ion or at azry time during the term of the Loan, Lender may require that Community
<br /> Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and
<br /> assessments shall be an Escrow Item. Bonower shall promptly fiunish ro Lender all norices of amounts to
<br /> be paid under this Section. Horrower sl�all pay Lender the Funds for Escxow Items unle�s Lender waives
<br /> Borrower's obligation w pay the Fhnds for any or all Escrow Items. Lender may waive Borrower's
<br /> obligaTion to pay to Lznda Funds for any or all Fscrow 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 hy I.ender aad, if Lender requires,
<br /> shall furnish to Lender receipts evidencing such payment within such time period as Lender may require.
<br /> Horrower's obligation to make such payments and ro provide receipts shall for all purposes be deemed to
<br /> be a covenant and agreement contained in this S�urity Instrument, as the phrase "coven�t and agrcement"
<br /> is used in Section 9. If Borrower is obligated to pay Escrow Items d'uectly, 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 Borrower shall then be obligated under S�tion 9 to repay to Lender any suck
<br /> amount. Iznder �y revoke the waiver as to any or all Escrow Items at any time by a norice given in
<br /> accordance with S�tion 15 and, upon such revocation, Borrower shall pay to Lender all Funds, and in
<br /> such amounts, that are then required unda this Se�tion 3.
<br /> Lender may, az any time, collect and hold Funds in an amount(a) sufFcient to permit Lender to apply
<br /> the Funds at the time specified under RESPA, and (b) not ta exceed the max;mum ��t a lender can
<br /> require under RFSPA. Lender shall estimate We amount of Funds due on the basis of cunent 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 institution whose deposits are insur� by a federal agency,
<br /> instrumentality, or entity(including Leuder, if Lender is an insti[ution whose deposits are so insuted)or in
<br /> any Federal Home Loan Bank. I.enda shall apply the Funds to pay the Fscrow Items no lazer tUan the time
<br /> specified under RESPA. Lender shall not charge Borrower for holding and applying the Funds, aanually
<br /> analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the
<br /> Funds and Applicable Iaw permits Lender to make such a chazge. Unless an agreement is made in writing
<br /> or Applicable Law r�uires i�erest ta he paid on the Funds, Lender shall not be required to pay Borrower
<br /> azry interest or earnings on the Funds. Horrower and I.ender can agree in writing, however, tUat interest
<br /> shall be paid on the Fimds. Lender shall give to Borrower, without charge, an annual accounting of the
<br /> Funds as required by RESPA.
<br /> If there is a stuplus of Funds held in �scmw, as defined under RESPA, Lender shall accaimt to
<br /> Borrower for the excess funds in accordaace with RESPA. If there is a shor[age of Funds held in escrow,
<br /> as defined under RESPA, Lender shall notify Horrower as required by RESPA, and Borrower sUall pay to
<br /> Lender the amouot n�essary to make up the shortage in accordance with RESPA, but in no more than 12
<br /> monHily payments. If there is a deficiency of F�nds held in escrow, as defined under RFSPA, L.ender shsll
<br /> notify Borrawer as required by RESPA, and Borrower sUall pay to Lender the amouot n�essary to make
<br /> up the deficiency in accordance with RESPA, but in no more than 12 montlily payments.
<br /> Upon payment in fiill of all sums secured by this Security Tnctn,.�.+±, �¢� �]promptly refund
<br /> to Borrower any Funds held by Lender.
<br /> 4. Charges; Liens. Borrower shall pay all tazes, assessments, charges, fines, and impositions
<br /> attributable to the Property which can attain priority over ttris S�urity Instrume�, leasehold payments or
<br /> ground rents on the Property, if any, and Co�unity Association Dues, Fees, and Assessme�s, if any. To
<br /> the extent thet these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br /> ���
<br /> NEBHASK/1-Single Family-Fannle Mee/Fraddie Mac UPIIFOqM INSTHUMENT
<br /> �-61NE)�aei il ee¢a s or i a mnmis: Form 3028 7701
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