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2U1109333
<br />premiums, if any, or aay sums payable by Borrower to Lender in lieu of the payment of Mortgage
<br />Tnm,rAr�cc� pxemiums in accordence with the provisions of Section 10. The,se items are called "Escrow
<br />Items." At origination or at any time during the term of the Loan, Lender may require that Comm�mity
<br />Association Dues, Fees, and Assessments, if any, be escrowed by Boirower, and such dueg, f�s and
<br />ass�nnents shall be an Escrow Item. Bonower sha11 promptly fuznish to Lender all notices of amounts to
<br />be paid under this S�on. Borrower shall pay Lende� the Funds far Escrow Items unless Lender waives
<br />Borrower' s obligation to pay the Funds for any or a11 Escrow Itenns. Lender may waive Boaower' s
<br />obligation to pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may only be
<br />in writing. In the event of such waiver, Borrower shall pay d°u�ectly, when and whera payable, the amounts
<br />due for any Escrow Items for which payment of Funds has b�n waivad by Lender and, if Lender requires,
<br />shall furnish to I,eader re�eipts evidencing such payment within such time period as Lender may require.
<br />Borrower's obligation to make such payments and to provide receipts shall for all purposes be deemed to
<br />be a covenant and agreement contained in this Security Instrument, as tha phrase "covenant and agreement"
<br />is used in Seetion 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Borrower fails to pay the amount due for an Escrow Itam, Lender may exercise its rights under Se�tian 9
<br />and pay such amount and Bonower shall then be obligatefl under Section 9 to repay to Lender any such
<br />aznount. Lender may revoke the waiver as to any or all Escrow Items at any time by a notice given in
<br />accordance with Section 15 and, upon such revoc�tion, Boaower sball pay to Le�►der all Fimds, and in
<br />such amounts, that are then re�uired under this Section 3.
<br />Lender may, at any tima, collect and hold Funds in az► amowrt (a) sufficient to permit Lender to apply
<br />the Funds at the time speeified under RESPA, and (b) not to exc�ed the maximum amount a lender c�n
<br />require under RESPA Lender shall estimata the amount of Funds due on the basis of cuaent data and
<br />reasonable estimates of expenditures of future Escrow Items or othervvise in accordance with Applic�ble
<br />Iaw.
<br />The Funds shall be held in an institution whose deposits are inswred by a federal agency,
<br />instirumentality, or entity (including Lender, if Lender is � institution whosa deposits are so insured) or in
<br />any Federal Home Loan Bank. Lender sha11 apply the Funds to pay the Escrow Items no later than the time
<br />spec:ified undar RESPA Lender sha11 not chazge Borrower for holding and applying the Funds, annually
<br />analyzing the escrow account, or verif3ring the Escrow Items, unl�s I,ender pays Borrower interest on the
<br />F�mds and Applicable � aw permits Lender to make such a charge. Unless an agreeme� is made in writing
<br />or Applicable Law requires interest to be paid on the Funds, I.ender shall not be required to pay Borrower
<br />any interest or earnings on the Funds. Bonower and Lender c�n agr� in writing, however, that i�est
<br />shall be paid on the Fwnds. Lender shall give to Borrower, without chazge, an annual accounting of the
<br />Fuc►ds as re�uired by RESPA
<br />If there is a sucplus of Funds held in �crow, as defined under RESPA, Lender shall account to
<br />Borrower for the excess fimds in accordance with RESPA If there is a shortage of Funds held in e�row,
<br />as defined under RESPA, Lender sha11 notify Bortower as required by RESPA, and Bortower shall pay to
<br />I,ender the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12
<br />monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA., Lender shall
<br />notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make
<br />up the deficie,ncy in acxordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this S�urity Instrument, Lender shall promptly refinnd
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessnaents, ch�ges, fines, and impositions
<br />attnbutable to the Property which can attain priority over this Security Instrument, leasehold payments or
<br />ground rents on the Properiy, if any, and Community Association Dues, Fees, and Assessments, if any. To
<br />the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />2200194778 D V6�1NE
<br />NEBRASKA - Singls Family - Fannle Mae/Frs�ddle Mac UNIFORM INSTRUMENT WITH
<br />�-6A(NF� coetol Pege 6 of 16 instt Form 3028 7/01
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