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201108126 <br /> Any application of payments, instu•ance proceeds, or Miscellaneotis Proceeds to principal due under the Note <br /> s11a11 not extend or postpone the due date, or ch�nge the ainount, of the Periodic Payments. <br /> 3. Fiuids for�scrow Itetns. Borrower sha11�ay to Lender on the day Periodic Payinents are due uncler the <br /> Note, tintil the Note is paid in fu11, a suin(the°Funds")tio provide for payment of amouilts due for: (a)taxes <br /> ancl flssossments and other items which can a�tain priority over tllis Seeurity Insfrument as a lien or <br /> encumUrance on the Property; (b) leasehold paymants or groui7d rents on the T'roperty, if any; (c)premiuii�s <br /> for lizy�nd all insurance required Uy Lender under Section 5; and(d)IVlortgage Insurance premiuins, if aiiy, <br /> or any sums payable by Boi•rower to Lenc�er in lieu oL the payinent of Mortgage Tnstiiranae premiums in <br /> aecordance�vitli the pr�vi�ions of Section 10. Th�so items are called"�scrow Iteins." At originatiall or at <br /> any tune during the term of the Loan, Lender may reqLiire that Cointnunity Association Dues, Eees, and <br /> Assessinents, if any, Ue escrowed Uy Borrower, aii�l such dues, fees an�l assessments sh�ll be�n�scrow <br /> Ifem, Borrower sha11 proinptly furnish to Lender all notices of ainounfs to be paid under this Section. <br /> Borrower shall pay Lender tlie Fuiids for�scrow Items unless Leiider waives Borrower's obligatioii to pa.y <br /> the runds for aiiy or all Escrow Items. Lencler may waive Borrower's oUli�ation to pay tio Lender Funds for <br /> asry or a11 Escrow Items at any time. Any s�tch waiver may only Ue ii1 writirlg. In the event oP such waiver, <br /> Borrower shall pay directly, when and where p�yaUle, the ainounts due for 1ny L�scrow Iteins for wliich <br /> �ayment of I'uncls 11�s lieen waived by Lender�nd, if Lender requires, shall furnish to Lencler receipts <br /> evidencing suoh pay�nent witllin stich time period as vender inay reqLiire. Borrower's oUligation to malce <br /> sLich paym�nts �nd to provide receipts s1ia11 for all�urposes ve deemecl to Ue a c�venant and agreement <br /> cont�ined in this Security�Instr�7inent, as the plua�e"coveiian� and agreement" is used in Section 9. If <br /> Borrower is obligated to�ay Escrow Items directily, pu�•suant to a waiver, and Borrower fails to pay tlie <br /> ainount due for an�scrow Itom, Lendei•m�y axercise its rights u�lder Section 9 nnd�ay sueli ainount an� <br /> Borrower s1�a11 then Ue obligated under Section 9 to repay to Lender uly such lmount. L�nder rn�y revolee <br /> the w�iver as to any or all�scrow Iteins at any time Uy a notice given in accordance with Section 15 ancl, <br /> upon s�icli revacation, Borrower shall pay to Lender�lI Funds, and in such aznounts, that are then required <br /> under this Section 3. <br /> Lender may, �t any tiine, collect and hold Tuuds in as1 a�nount(a) suffioient to perinit Lencier ta a�ply the <br /> Fuiids at the tiine s�ecified tuicler RGSPA, and(b)ilot to sxceed t11e maxirniun asnount a lender caii i•equire <br /> under I�SPA, Lencler shall estiinate the aiilount of I'unds due on the v�sis oF current d�ta and re�sonavle <br /> estimates oi'expendittiires oF future rscrow Items or otherwise in accordance with ApplicaUle L�w. <br /> The Funcls shall be 1ie1d in�si uisti�ution whose de�osits are insured by a federal agency, instrunYentality, or <br /> entity(inclucling Leiic�er, if�Lender is �i iustitution whose deposits are so�insured) or in a�iy I'ederal Home <br /> Loan B�rilt. Lender sha11 apply the Funds to pay ilie�scrow Items no later�han ihe tune speei�ed under <br /> 12ESPA. Lender shall�iot charge Borrower for holding a1�d applying tl�e FtYnds, aiuivally a��alyzing the <br /> escrow account, or verifyii7g the Escrow Iteins, unless Lender pays Borrower interest on the Funds and <br /> �1pplicable Law permits Lender to inalce such a cha�•g�. Unless an agreement is made in writing or <br /> A�plict�ble L�w requires interest to be paid on the Funds, Lender sh�11 riot be�•�quired to pay Borrower�ny <br /> iiiterest oi e�rnings on the Funds. Borrowei:a�d Lender c�n agree in writulg, however, �lia't uiterest sha11�be <br /> paid on the Fui�ds, Lerider sha11 give ta Borrower, without char•ge, fln a�uzual accounting of the Ftinds as <br /> required Uy R�SPA. <br /> If there is a surplus or I'unds helcl in escrow, �s defined uilder RESPA, Lender sh�11 account to Borrower for <br /> the excess fiinds in accordance with RLSPA. IF tllere is a shortage of I'unds held in escrow, as defined under <br /> RESPA, Leiider shall notify Borrower as required Uy It�SPA, and I3orrower s1ia11 pay to Lender the ainount <br /> i7aces�aiy to malce titp the shortage ui accordanoe with RBSPA, but in no inore than 12�onthly payments. If <br /> there is �i cleficiency of Punds held in escrow, as defined under R�SPA, Lender sh�ll notify Borrower as <br /> 231199 <br /> NEBRASKA-Single Family-Fannle MaelFretldie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br /> VM P O VM P6(NE)(1105) <br /> Wolters KluwerFinancial Services Pac�e 5 of 17 <br />