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201200506 BORROWER COVENANTS fliat Borrower is lawfully seised of the esfate hereby conveyed and has the righf to graazt a�jd convey tho Propefty e�»d t��at thc Yroperty is ancncuuibcrcd, except for oncumbrances of record. Borrower warrants nnd�mill dePend generally I]ie tiLle lo the Property againsl all clain�s and dcmands, subject tn nny encumbrances of record. TIIIS S�CURITY INSTRUNIENT combines uivfon�covenants for national use and non-unifonn covenauCS with limited variations by jt�risdictiou to constifute a miiform security instrumant covering real proporty. Uniform Covenants. Borrower anrl Lender coveuant and Agree as follows: 1. Payment ot Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Bo�rower shall pay whe�i due tlie pi�iilcipal of, and interest on, ttie debt evidenced Uy the Note and any prepayinent charges �nd laCe chtv-ges due under flie Note. ]3orrower shall also pay funds fox Esorow Iteins puesuanf to Secfion 3. PflymenYs due wider the Note and this Security Instrmi7ent shell be made in U.S. currency. IIowever, if ziry check or oUier uistrtunent received Uy Lender as I�2yinent under the N�te or Uus Securitiy Instcwnent is rehuned to I.e�ider wZpaid, Lender may requiio fl�at�iry or all auhscquent payinents due under tha Note ttnd d�is Security I�istmn�ent 6e inade in one or more of Che following foxma, as selected by I,ender: (a) cash; (b)money order; (c) certified check, Unnk aheck, treasurer's check or ceshiet's checic, provided aary such eheok is drawn upon an instituCion whose cleposits are ins�ued by a fede��a1 agevey, nlstrumentality, or entity; or (d) L:lcchonic Fm�ds '1`ravsfcr. Pa}�nonYs are decmed received l�y Lcudur wl�an receivcd at the locaEion designated in the Note or ati such oSher loc�tiort as m�y be designated bq Lender in accordvice with Hie notice provisions in SeeEion 15. Lender mny return any payinent or p�utial payuiant if Yhe payment or ptutial paymente are insufticienC Co bring tlae Loan cm'reiiti. Lender may accept any payinent or partial pa;yment insufficient to Uring the l.oan cw'rent, wifihout waivet of any rights hereunder or projudice Lo ite righUs tio refuse such pnyment or pu'tial pa}nnonte ir�the futuro, but Lende��is noC ol�ligaied to apply such payments at the 6me a�ich paymenfs nre accepted. If eaeh Periodic Pnyment ie applied as oP ita scheduled due data, tlien Lender need not pag interest on unapplied funds. Lender may hold snch uaiapplied fiuids u�1ti7 13orrowcr melcos paymants to briug thc T.oan currenC. If Borrowcr docs not do so wifluii a re��sonable period of time, Lender shall either apply sueh fimds or re[urn them to Barrower. If not applied e�u•lier, such Fuuds will Ue applied Co the oufstanding principel baltwice tuider the Notie immedia�tely piior to foteclosure. No offset or claim which Boerowcr might have now or in tAe fiiture againet Lender ahall relieve Borrower fi•om maldng paymel�ts due under the Note �nd this Secm'ity Insttument or perf'orming the covenaaits at�d agreemenfs securcd Uy this Security Instrwnenti. 2. AppflCatfon of PaymenYs Or ProCeeds. Fxcept as othcrwisc dcscribcd ii�tihis Section 2, all paymente accepted and appliul Uy Lcnder shall Uc applied in the following orcier of prioxity: (a) interest due under the Noto; (b)priucipal due uucie�• 11ie Note; (c) amounta due under Section 3. Such I�ayinents sliall Ue applied to each Periodic Payment in the order in which it beoaane due. Any reuiainii�g smow�ts vhali be tipplied firet tn la�te charges, seco�id to a�ry ofl�e�� ainounts duc uvdcr this Security v�aCrmnenh, and then to reduce the piincipal balaiice of the NoCe. If Lender rccoivos a pa}nnent fi�om Borrower fox a delinque�it Periodic Paytnanti whiol�includes a sufficient amoimt to pay any late chtu•ge due, the paymanti inay be applied to Ehe delinquenf payment c�nd the late charge. If more til�tui one Periodic Fayment is outstanding, Lender may apply any payinent received from Borrower to the repayme��t of the Periodic Payinents if, anci Co Che extent[hat, ettch payment can be paid in full. To tl�c cxtcnt that any excess exists affer the paymecit ie applied to flie full paymant of one or inore Poeiodio Pn}nnents, such excess rnay ba applied to any lata oha��ges due. Voluntary prepaymeuts sliall be applied first to any prepayinenf chv ges and flren ae descriUed in tl�c Notc. xnaaoa�a NEeRABKA-SlnAla Femlly-Fa�inle MaelFreddle Meo UNIFORM INSTRUMENT Fo�m 3020 1101 VMPC� NMP6(NE)(11061 Wol�ers Kluwer Flnanclal3ervlces V'age A oi 17