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<br /> Any application of payments, ins�rance proceeds, or Miscellaneous Proceeds to princip�l due under the Note
<br /> sha11 not extend or pos�oiie the due da�e, or change the asnount, of t11e Periodic Pa�inetlts.
<br /> 3. Fi►nds for�scrow Ite�ns. Borrowei�sli�ill p�y to Lendei•on the day Periodic Payments 1re due uiider tlle
<br /> Note, until tihe Note is paid in fit11, a suin(the °�Fttnds")to provide for payment of a�nounts due for: (1)taxes
<br /> and asee�sinents aud�other items wluch can attasn�riority over this Security Instrument as a liezz oi•
<br /> ellcumbrance on the Pro�erty; (b)leasehold payinan�s or ground rents on t11e�'roperly, if a�y; (c)preiniums
<br /> for�ny and all insurance required by Lender under Section 5; and(d)Morti��ge Insurance�remiums, if any,
<br /> or any suins payable Uy BorroWer to Lender in lietit of t11e payment of Mortgage Insurance premitiuns in
<br /> accord�nce uvith the provisions aF Sectipn 10. These iteins a�•a aalleci"�scrow Items." At origination or at
<br /> any time during tlie term of ihe Loan, Lender may r�t�ire tkat Comn�unity Association Dues, Fees, a�id
<br /> Elssessments, if any, be escrowed by Borrower, 1nd such dues, fees and assesslnents shall Ue ai1 Escrow
<br /> Itein. Borrower sllall promptly fi�ri�ish to Lender all�otices of ainounts to ve paicl und�r this Section.
<br /> Borrower sliall pay Le��der the L'unds for Escrow Items unless Lender waives Borrower's oUligation to p�y
<br /> the Funds Por a11y or all Escrow Iteins. Lender may waive Borrower'a obligation to pay to Lend�r Tunds for
<br /> any or all Escrow Items at any time. Any such wliver may only�e in writing. In the�vent of such waiver,
<br /> Borrower sh�ll p1y directly, when aiid where pay�Ule, the�inounts due for airy Escrow Itenls for which
<br /> payinent of Ftiinds has Ueen waived by Lender and, if Lender requires, stiall furnish to Lender recaipts
<br /> eviciencing such payment within such tiine period as Lender may require, Borrower's obligation to malce
<br /> such payments and to�arovide receipts shall for a11 purposes l�e deeined to be a covenailt anc�ag�eesllent
<br /> contained in this Security Iilstrumant, as the plu•ase"cavei�ant and agreement" is used in Section 9. If
<br /> Borrower is obligated to pay Escrow Tterns drrectly, pursuant to a waiver, alid Borrower fails to pay the
<br /> amount due for an Escrow Item, Lender may exercise its righ�s under Section 9 and pay sLtch alnoui7t and
<br /> Borrower skall then be oUlig�ted under Section 9 to repay to Lender�ily such amount. Lender ii��y revolce
<br /> the waivei•as to any or all Esorow Iteins at azly time by a notice given in accordance with Section 1S and,
<br /> upon such revocatioii, Borrower sliall pay to Lendei•all I'unds, aiid iii such alnounts, that are�hen rec�uired
<br /> iuider this Section 3.
<br /> Lender�71ay, 1t any time, collect anc11io1cl Ftuids in ai�amount(a) stiifficient to pernut Lender to apply the
<br /> Funds ai tlie time specified under RESZ'A, and(U)not to exceed the�naximtu�amount a lender can require
<br /> under RESPA. Lenc�er sh�11 estimate tlle aulotuzt of Fuiids dlte on the basis of current daC�and reasonable
<br /> estiinates of expeirditures of fiiture Escrow Items or otherwise in accorc�ancd with Applicable T�a.w,
<br /> The Fuiids sllall be held in a�z institution whose deposits �re insured Uy a federal agenc�r, instrui�entality, or
<br /> entity(including Lender, if Lender is a�i institution whose deposits are so insured) or in:�ny reder2l ITome
<br /> Loan Banlc Lender shall apply the I'unds to pay the Escrotv Itei�ls no later thtm the time s�eci�'ied under
<br /> R�SPA. Lender sh�till not cl�arge Borrower For holding az�d applying the Funds, annually an�Yyzing the
<br /> escrow aocou�it, or verifyiilg th�Escrow Items, u1�less Lend�i•pays Borrower interest o�the Funds and
<br /> Applic�ble Law perinits Lender to malce suck a c11a1 ge, Unless an agreeinent is made in wrii;ing or
<br /> Ap�licable Law lequires interest fo Ue paid an the runds, Zender shft11 not be requir�d to pay Borrower any
<br /> interest or earnings on the I'unds. Borrower�iid Lender cali agree in writing, however, that interest shall be
<br /> paid on the Funds. Leiader s17a11 give to.Borrower, witliotirt charge, ��i lnnual accotznting o£the Funds as
<br /> required Uy RESPA.
<br /> If there is a surpfis of Tunc�s held in escrow, as ela�ned under RESPA, Lend�r shall account to Borrower for
<br /> t11e excess funds in accordlnce with R�SPA. If there is a shortage oF Fttnds held in escrow, as de�ned under
<br /> RESPA, Lender shall iiotify Borrower as required Uy R�SPA, �nd Borrower shall pay to Leixder the ainount
<br /> necessary to ma.lce up the shortage ii1 accordlnce with [tESPA, but in no more tllai� 12 monthl'y payments. If
<br /> theie is� deficiency of Funds held in escrow, as de�ned under RESPA, Lender shall notiPy Borrowei•as
<br /> 231205
<br /> NEBRASKA�Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT form 302II 1I01
<br /> VM P q VM P6(NE)(1105)
<br /> Wolters I<luwer Financial Services Page 5 of 17
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