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201201199 BORItOWEK COVENANTS tliat Borrower is lawfully sciscd oPthe estate hereby ponveyed and has tho right to grant and convey the Property and that the Proparty is unencumbered, except for encumbranccs oC record. Borrower wariants and will defend gencrally lhe dde to ehe Pcoperty againsC all claims and demands, su6ject ro any encumbrnnces oY record. THIS SECURITY INSTRUMENT combines uniPorm covenanfs for national use and non-uniform covenants with ]imited vt�riations by jurisdiceion to eoustitute a uniform security insCtument covering real property. Uniform Covenants.Borrowcr and I.ender covenant and 2g'ee as tbll�ws: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrowcr shall pay wlien due thc pri�cipal of, and interest on, Uie debt evidenccd by the Note and any prei�ayn�enf char�es and late cl�arges due under the Note. Borcower shall also pay flmds for Escrow Itcros pursuant to SeeCion 3. Payments due under the NoCe and ehis SecuriYy Insh�ument shall be made 3n U.S. eurrency, However, if ai�y check or olher inslrument received by Lei�der Fis paynienC under the NoYe or this SecuriCy Instruinent is reCUCned to Lender unpaid, Lender may rezluirc lha6 any or all aubsequenC payments due under tihe Nota and this Security Instrument Ue made in one or more of the following forms, as scleceed by Leudar: (a) cash; (b) money ordei; (c) cerC3tied check, bank check, Yreasurer's check ar cashier's checic, provided ai�y sueh check is tlrawn upon an insCitution whose deposits are insured by a fedcral aganey, insriumentaliry, or entity; or(d) Electronic Funds Transfer, PaymenCs are deemed receivecl by L,encler when received at tha location designaCed in Ute NoYe or at sucl� oYher location as mxy be dcsignated by Lender in accordance with thc nol'ice provisions in Section 15. Lendet may reCUrn any payment or partial payment if Ihe paymen�or partial payments are ineufficicnl to bring the Loan current. Lznder may accept tlny paymcnt or partial paqmeut insufficient W bcing the Loan current, without waiver of any rigl�ts heceundcr or prejudice to its rights to refuse such payment or partial payme�rte in Che fuhire, but Lencier is not obligated to apply such pnymente at the Citne sueh payments aire accepted. If each Periodic PaymenC is applied as of its scheduled duc daCC, then Lender need not pay intcrest on uuapplfed Tunds. Lender may hold such unapplied funds unCil Borrower makes payments to bring the Loan current. If IIorrower does not do so within a reasonable period of time, Lendcr shall either app}y such ft�nds or return thein to Borrower. If nol applied earliei, such ftmds will be applied to the outs�2nding principal balaru;e under thc NoCe immediately prioe to foreclosure. No ofPset or claim which Borrower miglit have now or in the future againsC Lei�der shall rclieve Borrower from making paymenCs due u�der tlie Noce and diis SecuriCy Iustrument or perfocming lhe covenants ai�d agraemei�ts securcd by this Sectu�ity L�stettment, 2. Application of Payments or Proceeds, Except as otherwise describecl iu this Section 2, all paymenCs acce�ted and applied by Lender shalf beapplied in tl�e following ordor af primity: (a) inter�st due uiidcr the Note; (b) principal due under the Note; (c) amoants due undez Secdon 3. Sucl�pnyruents shall bo applied to each Periodic Payment in tlie order i�i which iC became due. Any remaining amounts shall be appliecl Picst to late eharges, second to any otlier amounts due under thts Security Ii�strument, and then to reduce tlie princi�al Ualance oP ChcNote. IP Lender receives a payment from Borrower for a delinqEtent Periodic Paymcnt whicU iucludes a sufficient amounY fo�ay aiiy ]ate chargc due, Cl�e payment may be applied to the delinquent ��ayment and [he ]tite charge. If niore than one Periadic PaymenY is outstavding, Lender may apply �tuy paynient received Prom Borrowet•to Che repayment of the Perindic Payments if, and to the extent that, each pay�zient can be paid in full. 'Po the extenC that any excass existe after thc payment ig applied ro the thll paymcnt oP one or moce Periodic Paymeuta, such excess may be appl3ed to any fate cl�uges due. Voluntaxy prepayments shal] bc npplied fixs[to any prepayment charges aud then as descrlbed in the Note. za000zoi NEBRA91<A�9ingle Famlly-Fanide MuelFredtlie Mee UNIFORM IN3�1'RUMFNT Form 30281l01 VMP(y VMPBMEI U 10fi� Wolte�s Kluwer Finanr,iai Seriices Paqe 4 of 1]