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�Q1109149
<br />'The Funds shall be held in an insHtuflon whose deposits are insured by a federal agency, instrumentality, or
<br />entity (including Lender, if Lender is an instttution whose deposits are so insured) or in any Federal Home
<br />Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time specified under
<br />RESPA. Lender shall not charge Bonower for holding and applying the Funds, annually analyzing We
<br />escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds and
<br />Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing or
<br />Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower any
<br />interest or earnings on the Funds. Borrower 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 Funds held in escrow, as defined under RESPA, Lender shall account to Borrower for
<br />the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as defined under
<br />RESPA, Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount
<br />necessary to make up the shortage in accordance with RESPA, but in no more than 12 monthly payments. If
<br />there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as
<br />required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the deficiency in
<br />accordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instrument, Lender shall prompdy refund to
<br />Borrower any Funds held by Lender.
<br />4. Cherges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and imposiflons attributable to
<br />the Property which can attain prlority over this Security Instrument, leasehold payments or ground rents on
<br />the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To the eJCtent that
<br />these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />Borrower shall promptly discharge any lien which has priority over tlris Security Instrument unless
<br />Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable
<br />to Lender, but only so long as Borrower is performing such agreeraent; (b) contests the lien in good faith by,
<br />or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent
<br />the enforcement of the lien while those proceedings are pending, but only nntil such proceedings are
<br />concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the
<br />lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which
<br />can attaln priority over this Seciuity Instrument, Lender raay give Borrower a notice identifying the lien.
<br />Witt►in 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more
<br />of We actions set forth above in this Secflon 4.
<br />Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting
<br />service used by Lender in connection with this Loan.
<br />5. Property Insurance. Borrower shall keep the unpmvements now existing or hereafter erected on the
<br />Property insured against loss by fire, hazards included within We term "extended coverage," and any oWer
<br />hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This
<br />insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender
<br />requires. What Lender requires pursuant to the preceding sentences can change during We term of the Loan.
<br />The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to
<br />disapprove Borrower's choice, wluch right shall not be exercised unreasonably. Lender may requ9re
<br />Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone determination,
<br />certification and tracking services; or (b) a one-tirne charge for flood zone determination and certification
<br />001122675509 Ckibank 3.2.51.31 V6
<br />NEBRASKA-Single Femily-Fannle Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS Form 3028 1/01
<br />VMP p VMP6A(N� (1105).00
<br />Wolters Kluwer Financial Services Page 6 of 17
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