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201200795 BORROWER COVL'NANTS thaE Borrower is lawfully seised of'the estaYe hereby oonveyed�ncl has the right to grnnC nnd oonvey the Pcoperty zaid t1�at the Property is unencumUered, except for encumUrauces o£record. Borrower waarants aud wi11 dofcnd generallq khe 6iCle Lo 41�ie Property against all claims and dcmands, sub.jcct to any encwnUranccs of rccord, THIS SECURITY 1NS"L'RUMENT combines uniPorm covenente for national use and non-rmif�rm eovenan'ts wiHi liinited vaciati�ons by jurisdic�ion to constitute a lmifonn security inskument covexing renl propexty. Uniform Covenants. Borrowcr and Lender oovenanf and agree as follows: 1, Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrowcv shali pay when due tha principnl of, nnd inferest on, the debt evidenced by[lie Note and eny�rep�ymenC ohargea and late charges due m�der fl�e Note. 13orrower sha11 also pay funds for f;scrow]tams pursuant to Section 3. Payments due under the NoYe and Chis Sec�rti[y I��stxurueuC sha17 Ue made iu U.S. cuxtenoy. Ilowever, if any cl�eck or other inatrument received by Lender as p�yinent under the Note ot�this Security InstruinenC is retumed to Lender mipa.id, Lender inay require that any or all suUsequent payments due uncier the NoYe aud thie Sectu•ity Instruuzent Ue made in onc or in�re of tUc following for�ns, as se1ected Uq Lender: (a) cash; (U) inoney oxdee; (c) cGrtificci ehccl<, banlc checl<, treasm'er'�check or oashier's cl�eck, prov�dcd any suoh check is drawn Li}�on�n instrCution whose deposies are insured by a fecler�l agenoy, instrumentnlity, or enkity; or (d)L�loctronic Fiuids Tr�nsfer. Payinents are deemcd received by Lender when reeeived at the loca�tion designaCed in the Note or at snch othcr location na mny l�e designaYed by Lender in accordanca witli Uie notica provisions in Section 15. Lender may return nny payme�rt or par6al paymeut if tho}�aymcnt or partial payments are insufficicnt to bi•ing tlie I�oau curtaut. Lc��der may accept any payment ox par[ial payinenh insuffioient fo bring the Loan current, w+t7tout waivec of�uiy rights liereunder or prejucGce to its rights Yo refuse euch paymeut or pa�•tial payn�enLs in the fiituxe, Uut Lander is uot obligated to apply such payments at the tima such}�ayments are ¢coepted. If each Perioclic Payu�ent is applicd as of ite schcduled due date, than Leiider nced nof pay intorest on unapplied iuuds, f.e��dcr may hold such unapplied fimds nntil Borrower makes pn}nnenCe to Uring the Loa�i cutrent. Tf Borrower doee not do so within a re�sonable period of time, Lender sh�ll either apply such ftmds or ret�un khem Co Borrower. If uot applied earlier, such fimds will be applied to flie oLitstanding pr'v�cipnl hfll�nce tutder tha Note immediately prior to foreclosure, N�� offsct or claim which Borrowor mi�ht haue no�v or in the fuCure againet Lender shall relieve Borrower fcarn malung payinents dLie tiuider Eha Note and 11iia Security Inatrumanti or paiPonning the covenants end agrca�nenPy sectiu�ed by t1�is Security Instrument. 2, kppRCation of Payments or Proeeeds. Ezccpt as otherwise desoribed in Uiis SacCion 2, all pnyments accepfed and applied by Lender shall Ue applied in the following order of priority: (a) interest dua under the Note; (b)pr3noipal due under the Note; (c) arnounlB due uuder Section 3. Such pa}nnents shall be applied to each Periodio Payment in the order in which it became due. Ai�y remaining amounts sha11 Uc applied first to late chnrges, second Co any otUcr amounts due under Yliis Securiry inscr�unent, nnd fhen to recince the pruicipal Ualance of thc Note. Tf Lender reoeives a pxyrncnC fiom Borrower for a delinquant Periodie Payment which includes a sufficieut a�noiu�t to pay any lal�e charge due, the payment may be applied to tha delinquent payment and tl�e la�te charge. IL more than one Periodic PayinenC ie oUtstatidinb, Lendc.�'may apply any paymc�rt�ecnived from Borrowei to the cepayme��t�f thc Pcrindic Payivents if, and to the extent Ch�t, each paymenC can be ppid in full. To the exfent thau�ny exoess exiats aftex the pa}nnent ie appliacl Co tha full paymanC af one or inoca Peciodic Payinents, suoh excass mzy be applied to airy lake charges due. VolLmtary prepayments shall be applied firet fo any'prepayment c1ia�ges end then as doscril�cd in Cl�e Nuto. sn0007sa NEDRASKA-Single Famlly-Fannle Mae7Fxetldle Mee UNIFORM INSTRUMENT Form 30281101 VM P� VM P6(NC)(11051 N1olleYS Kluwer Plnanclal Servlces Page A o�17