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201°10941�
<br />premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage
<br />Insurance premiums in acxordance with the provisions of Section 10. These items are called "F,serow
<br />Items.'° At origination or at any time during the term of the Loaa, I.ender may require that Comnm�nitY
<br />Association Dues, Fe�, and Assessments, if any, be es�owed by Borrower, and such dues, fees and
<br />ass�sments shall be � Escrow Item. Borrower shall promptly furnish to Lender a11 notices of amounts to
<br />be paid under this Seckion. Borrower shall pay Lender the Ftmds for Escrow Items unless Lender vvaives
<br />Borrower's obligation to pay the Funds far any or all Escrow Items. Lender may wazve Boaower's
<br />obligation to pay to Lender Funds for any ar all Escrow Items at any time. Any such waiver may only be
<br />in �c+riting. In the event of such waiver, Borrower shall pay directly, when and where payable, the amounts
<br />due for any Escrow Ite�ns for which payment of Funds has been waiveri by Lender and, if Lender requires,
<br />shall furnish to I.ender receipts evidencing such payment within such tti�me period as Lender may require.
<br />Borrower's obligation to make such payments and to provide receipts ahall for all purposes ba deemed to
<br />be a covena�t and agreeme�nt contained in this Security Instrument, as tha phrasa "covenant and agreement"
<br />is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuaot to a waiver, and
<br />Boaower fails to pay the amount dua for an Escrow Itemy Lender may exercise its rights under Saction 9
<br />and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such
<br />amount. Lender ma.y revoke the waiver as to �ny ar all Es�row Items at any time by a notice given in
<br />accordance with Saction 15 and, upon such ravocation, Borrower shall pay to I.ender all Funds, and in
<br />such amounts, that are then required under this Section 3.
<br />I.ender may, at any time, colle�t and hold Funds in an amourt (a) sufficient to permit Leaider to apply
<br />the Funds at the time spacified under RESPA, and (b) not to exc�cl the maximum amount a leader can
<br />require under RESPA Lender shall �e the amount of Funds due on the basis of curr�►t data and
<br />reasonable �stim�es of expenditures of future Escrow Items or othexwise in acxordance with Applic�ble
<br />Law.
<br />The Funds shall be held °un an institution whose deposits are insure�l by a federal agency,
<br />ans�mentality, or entity (including Lender, if Lender is an institution whose deposits are so insared) or in
<br />any Federal Home Loaa Bank. Lender shall apply tha Funds to pay the Escrow Items no later than the time
<br />specified under RESPA I.ender sha11 not chatge Boirower for holding and applying the Funds, aanually
<br />anatyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the
<br />Fwids and Applicable Law permits Lender to inake such a chazge. Unless an agreement is made in writing
<br />or Applicable Law requires interest to be paid on tha Funds, Lender svall not be requirefl to pay Boaower
<br />any interest or earnings on the Funds. Borrower and Lender c�n agree in writing, however, that interest
<br />shall be paid on the Funds. Lender shall giva to Borrower, without cbarge, an annual acxounting of the
<br />Funds as required by RESPA
<br />If there is a surplus of Funds heYd in ascrow, as defined under RESPA, Lender shall acxawrt to
<br />B�orrower for the eacc�s funds in acxordanca with RESPA If there is a shortage of Funds held in escrow,
<br />as defined under RESPA, Lender shall notify Bonower as require� by RESPA, and Borrower shall pay to
<br />Lmder the amount necessary to make up the shortage in a�cordance with RESPA, but in no more than 12
<br />��Y P��. ���'e is a deficien�y of Funds held in escrow, as defined undei° RESPA, Lender shall
<br />notify Borrawer as required by RESPA, and Borrower shall pay to Lender the amount necessary to make
<br />up the deficiency in accordance with RF.SPA, but in no more than 12 monthly PaYmer►ts-
<br />UFon PaYment in full of all sums secured by this Sc�rity Instrument, Lender shall prompfly refimd
<br />to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay a11 taxes, assessments, charges, fines, and impositions
<br />atln`but�ble to the Properiy which c�n agtain priority over this Security Instrument, le�asehold payments or
<br />ground rents on the Property, 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 provideci in Section 3.
<br />2200198794 D V6AN�
<br />NEBRASKA - Single Family - Fannle MaelFreddle Mac UNIFORM INSTRUMENT WITH MERS
<br />��A(Nq �oe�o� PaBe 6 of 16 i„w�s�. /� .�, Form 3028 1/01
<br />� � �. i� _
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