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201109037
<br />The Funds shall be held in an institution whose deposits aze insured by a federa.l agency, insfrumentality, or
<br />entity (including Lender, if Lender is an institution whose deposits are so insurec� or in any Federal Home
<br />Loan Bank Lender sliall apgly the Funds to pay the Escrow Items no later than the time specified under
<br />RESPA. Lender sha11 not charge Borrower for holding and applying the Funds, annually analyzing the
<br />escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the Fnnds and
<br />Applicable Law permits Lender to make such a charge. Uniess an agreement is made in writing or
<br />Applicable I.aw requires interest to be paid on the Fuuds, Lender shall noi be required to pay Bonrower any
<br />interest or eamings on the Funds. Boaower and Lender can agree in writing, however, that interest shall be
<br />paid on the Funds. Lender shall give to Borrower, without charge, an annual accounting of the Funds as
<br />required by RESPA
<br />If there is a surplus of Fuads held in escrow, as defined under RESPA, Lender shall account to Borrower for
<br />the excess fands in accordance with RESPA If there is a shortage of Funds held in escrow, as defined under
<br />RESPA, Lendcr shall notify Boffower as required by RESPA, and Boaower sha11 pay to Lender the amovm
<br />necessary to make up the shortage in accordance with RESPA, bui in no more than 12 monthly payznent5. If
<br />there is a deficiency of Fnnds held in escrow, as defined under RESPA, Lender shall notify Borrower as
<br />required by RESPA, and Boirower shall pay to Lender the amount necessary to make up the deficiency in
<br />accordance with RESPA, but in no moze than 12 monthly payments. -
<br />Upon paym.ent in full o� all snms secured by this Security Instrument, Lender sha.11 pzomptly refund to
<br />Boaower any Funds held by Lender.
<br />4. Charges; Liens. Borrowez shall pay alI taxes, assessments, charges, fines, and impositions attributable to
<br />the Properiy which can aitain priority over this Security Instrument, leaschold payments or ground rents vn
<br />the Property, if any, and Community Associatioa Dues, Fees, and Assessments, if any. To the e$tent that
<br />these items aze Escrow Items, Bo.aower sha11 pay them in the manner protnded in Section 3.
<br />Bosower shall promptly discharge any lien �vvhich has priority over this Security Instrument vnless
<br />Boaoiaer: (a) agees in writing to the paymeat of the obligation secured by the lien in a ma.nner acceptable
<br />to Lender, but only so long as Borrower is performing such agreemen� (b) contests the lien in good faith by,
<br />or defends aga.inst enforcement of the lien in, legal proceedings which in T.ender's opinion opeiate to prevent
<br />the enforcement of the lien while th.ose proceedings are gending, but only uutil such proceedings are
<br />concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinatin.g the
<br />lien to this Security Instrumen� If Lender detezmines that any part of the Property is subj ect to a liea which
<br />can attain priority over this Security Instrument, Len.der may give Borrower a notice identifying the lien.
<br />Within 10 days of the date on which t6at notice is given, Borrower shaLl satisfy th.e tien or take one or more
<br />of t.�.e actions set fozth above in this Section 4.
<br />Lender may require Borrower to pay a one-time charge for a real e.state tax t�erification and/or reporting
<br />service used by Len.der in connection with this Loan.
<br />5. Propertylnsurance.$orrower shall keep the improvements no�v ex'�+� or hereafter erected on the
<br />Properry insttred against loss by fire, ha.zazds incladed within the term "extended coverage," and any other
<br />hazazds inclnding, but not limited to, earthquakes and floods, for which Lender reqnires insurance. This
<br />insnrance shall be maintained in the amounts (including dednchble leveLs) and for the periods that Lender
<br />requires. What Lender reqnires pursuant to the preceding sentences can change dvring the term of the Loau,
<br />The insurance carrier providing the insurance shall be chosen by Boaower subject to Lender's right to
<br />disapprove Boaower's choics, wluch right shall not be exercised unreasonably. Lender ma.y require
<br />Boaower to pay, in connection with this Loan, either: (a) a one-tinie charge for flood zone determination,
<br />certification and tracking services; or (b) a one-time charge for flood zone determination a.nd certification
<br />NEBRASW�.Single Ferrtfry-Fannta MaelReddte Mao UNt�'ORM INSTRUINENT WITH MERS Form 30261l01
<br />y(Np @ V6APBA{NE) (11RSj.00
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