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<br /> The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality, or
<br /> entity(including Lender, if Lender is an institution 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 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 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 eamings 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 tban 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 promptly refund to �!�
<br /> Borrower any Funds held by Lender. I
<br /> 4. Charges;Liens.Borrower shall pay all taxes, assessments,charges, fines, and impositions attributable to i
<br /> the Property which can attain priority over this Security Instrument, leasehold payments or ground rents on I
<br /> the Property, if any, and Comrnunity Association Dues, Fees, and Assessments, if any. To the extent that ,
<br /> these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3. 'i
<br /> Borrower shall promptly discharge any lien which has priority over this 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 agreement; (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 until 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 attain priority over this Security Instrument,Lender may give Borrower a notice identifying the lien.
<br /> Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more
<br /> of the actions set forth above in this Section 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. Propertylnsurance.Borrower shall keep the improvements now existing or hereafter erected on the
<br /> Property insured against loss by fire,hazards included within the term "extended coverage," and any other
<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 the 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,which right shall not be exercised unreasonably. Lender may require
<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-time charge for flood zone determination and certification
<br /> 106ANE 000887841886 November 30,2011
<br /> NEBRASKASingle Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WITH MERS Form 3028 1/Ot
<br /> VMP� VMP6A(NE)(1105).00
<br /> Wolters Kluwar Financial Services Page 6 of 17
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