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2 01�09�5� BORROWER COVENANTS that Boirower is lawfully seised of the estate hereby conveyed and has the right to grant and cflnvey the Properiy and that the Properiy is unencumbered, except for encumbrances of record Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record THIS SECURITY INSTRUMIIVT combines uniform covenants for national use and non uniform covenants with limit�l variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Brnrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charga. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment ch�rges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Inslrument shall be made in U.S. currency. However, if any chec;k or other instrument re�eived by Lender as payment under the Note or this Security Instrument is retumed to I,ender unpaid, Lender may require that any or all subsequent payments due under the Note and this Se�urity Instrument be made in one or more of the following forms, as sele,cted by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer' s check or cashier' s chec;k, provided any such che�k is drawn upon an institurion whose deposits are insur� by a federal agency, instrumentality, or entity, or (d) Ele�tronic Funds Transfer. Payments aze deemed received by Lender when r�eived at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice prov�ons in Sec:tion 15. Lender may rehirn any payment ar partial payment if the payment or partial payments are insuffici�t to bring the Loan current. Lender may accept anY payment or partial payment insufficient to bring the Loan current, without waive� of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligate� to apply such payments at the time such paymmts ara accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied fimds uatil Bonower makes payment to bring the Loan cuiren� If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or retum them to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note immediately prior to fore,closure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower &om malcing payments due under the Note and this Security Instrument or performing the covenants and agreements se�ure� by this Security Instnument. 2. Application of Pa�ments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and apphed by Lender sha11 be applied in the following order of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under Saction 3. Such payments sha11 be applied to each Periodic Paymeat in the arder in which it became due. Any remaining amounts shall be applied first to late charges, second to any other amounts due under ttris Sec�mty Inshvment, �d then to reduce the principal balance of the Note. If Lender re�eives a payment from Borr�wer for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent paym�t and the late chazge. If more than one Periodic Payment is outstanding, Lender ma.y apply any payment receiverl from Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applied to the full payment of ona or more Periodic Payments, such excess may be applieri to any late chazges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance prceeeds, or Miscellaneous Proceeds to principal due undar the Note shall not elctend or postpone the due date, or change the amount, of the Periodic Payments. 3. Fands for Escrow Items. Borrower shall pay to Lender on the day Periadic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds") to provide for payment of amowrts due for: (a) taxes and assessments and other items which can attain priority over this Se�urity Inslrument as a lien or encumbrance on the Properiy; (b) l�sehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance 2200209563 D V6ANE NEBRASKA - Single Family - Fannle Mae/FreddlO Mac UNIFORM INSTRUMENT WIT MFR.S �j-6A(NF� (oatol Pege 4 of 15 i�;dais: � Form 3028 7101 0