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20i108355
<br />premiuins, if any, or any sums payable by Barrower to Lender in lieu of ttie payment of Mortgage
<br />�S�u'arn� Pr�mi�s in accordance with the provisions of Section 10. These items are called "Escrow
<br />Items." At origination or at any time during the term of the Loan, Lender may require that Community
<br />Association Dues, Fces, and Assessments, if any, be escrowed by Borrowex, and such dues, fees and
<br />assessments sha11 be an Escrow Item Borrowe� shall promptly furnish to Lender all notices of amowrts to
<br />be paid under this 5ection, Borrower shall pay Lender the Fwids for Escrow Items imless Lender waives
<br />Borrower's obligation to pay the Funds for any or a11 Esc�ow Itezns. Lender may waive Borrowea's
<br />obligation to pay to Lender Funds for any or xil Eserow It�ns 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 Escraw Items for which payment of Funds has bcen waivefl by Lender and, if Leadez re4uires,
<br />shall fiirnish to Lender receipts evidencing such payment within such time period as I.ea�dar may require.
<br />Bonrower' s obligation to make such payments and to provide receipts shall for all purposes be de�nad to
<br />be a covenant and agrcement contained in this Security Instrument, as the phrase "covenant and agreement°
<br />is used in Section 9. If Bortower is obligated to pay Escrow Items directty, pvrsuant to a waiver, and
<br />Borrower fails to pay the am�unt due for an Escrow Item, Lender may �ercise its rights under Sectian 9
<br />and pay such amount and Borrower shall then be obligated under Section 9 to repay to L�der any such
<br />amount. Lender may xevoke the waiver as to any or all Escrow Items at any tiaie by a notice given in
<br />accordance with Section 15 and, upon such revocation, Borrower shall pay to Lender all Funds, a�d in
<br />such amounts, that are then required under this Section 3.
<br />Lender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender W apply
<br />the Funds at the time specified under RESPA, and (b) not to �cced the maximum amoUnt a leader can
<br />require �mder RESPA, Lender shall estimate the amount of Funds due on the basis of c�rrent data and
<br />reasonable estimates of expeuditures of future Escrow Items or otherwise in accordance with Applicable
<br />Law.
<br />The Funds shait be held in an institution whose deposits are insured by a federal ageatcY,
<br />in.strumentality, or entity (including Le,�der, if Lender is an institution whose deposits are so insured) or in
<br />any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Iteins no later than the time
<br />specified under RESPA. Lender shall not chazge Borrower for holding and applying the Funds, umually
<br />analyzing the escrow account, ar verifying the Escrow Ite�ns, unless I.ender pays Borrower interest an the
<br />Funds and Applicable Law permits Lender to make such a charge. Unless an ageement is made in writing
<br />or Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower
<br />any inte�est or earnings an the Funds. Borrower and I.ender can agree in writing, however, that interest
<br />sball be paid on the Funds, Lender shall give to Borrower, without chazge, an annual aaounting of the
<br />Funds as required by RESPA,
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender s6all account to
<br />Borrower for the excess funds in a�ccordance with RESPA,. If there is a shortage of Funds held in escrow,
<br />as definetl under RESPA, Lender shall notify Bonower as required by RESPA, aad Bonowez sball pay to
<br />Lender the aznount necessary to make up the shortage in accordance with RESPA, but in no more than 12
<br />montlity payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall
<br />notify Bortower as required by RESPA, and Borrower shall 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 />Upon payment in fuil of all sums secured by this Security Instrument, L�der sha11 promptly refund
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shail pay all t�es, assessments, charges, fines, and impositions
<br />attnbutable to the Properiy which can attain priority over this Security Instr�t, leasehold payments ar
<br />ground rents on the Properiy, if any, and Community Association Dues, Fees, and Assessments, if mry. To
<br />the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />2200162791 D V6ANE
<br />MEBRASKA - Single Family - Fannie Mae/Freddle Mac UNIFORM lMSTRUMENT WtTH M
<br />�$A(NEj (0810) PaOe 5 of 15 in�ueia: SO Form 8028 1/01
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