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� 201201356 BORROWER CQVENAIQT"S that Borrower is lawfully seised of the estate hereby eonveyed and has the riglat to grant and convey the Properiy and that the Properry is unencumbered, except fos encumbxances of recor& Bpsower warrapts and w�ill defend generally tlte title to the Fropei4y a�inct all claiins and demands, subjec�t to any encumbrances of record. THIS SECURITY INSTRUM�NT comUines uniform covenants for nafional use and non-uniform covenanYs with Iunited varia4ions by jurisdiction to constitute a ixniform sectu-ity uistrumea�t covering real property. Uniform Covenants. Borrower and Lender covenant and a�>ree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. I3orrower shall pay when due the principal of, and intere5t on, the debt evideneed by the Note and any prepa�ient charges and late chazgcs due mider the Note. Borrower sha11 also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, iF any check or other inshwnent received by Lender as payment under the Note or this Security Instrutnent is returned to Lender unpaid, Lender may require fktat any or all subseqnenY payments due under the Note and this Security Ivshwnenf be made ia one or more af khe following forms, as selected by Lender: (a) cash; (b)money order; (c) certified checl�, bank check, treas�er's check or cashier's check, piovided any such check is drawn upon an institution whose depoaits aze insured by a fuleral agency, instrumentality, or entity; or(d)Electronic Funds Transfer. Payments are deemcd received by Lender when rcceived at the locafion designated in the Note or at such other location as may be designated by Lender in accordance with the norice provisions in Section 15. Lender may return,any pavment or putial yayment if the nayment or par[ial payments are insufficiant to biing the Loan cuirent. Lender may accepi any payment or pm-tial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights io rcfuse such payment or partial payments in the future, but Lender is not obligated to apply such payments at the time snch payments are aceepted. I£each Pcriodic Fayment is applied as of its scheduled due date, then Lander need not pay interest on unapplied funds. Lender may hold such unapplied funds unlil Borrower makes payanents to bring the Loan current I£Borrowes does not do so within a reasot�ble period of ri�ne, Lender ehall eithex apply such funds or reriu�i them to Borr6wer. If not applied earlier, such funds wiTl be applied to the outstanding principal balance Lmder the�Iote iimnediately pxior to foreclosure. No ofFnet or cla3m which Borrower inight have now or in the future against Lender shall xeliece Borrower from making payments duz under the Note and this Security Insttwnent or perfornuna the covenants and ageemcnts secured by this Security . InstrumenL 2. Application of Payments or Proceeds. Except as othenvise described in this Sectiqn 2, all payment� acceptcd aud applied'oy Lender shall be applicd in thc£ollow-ing order of priority: (a) Lrterest dne mider 4he Note; (b)principal due uader the Note; (c) amaunts due under Secfion 3. Sueh payments shall be applied to each Periodic Payment in the order in which it became due. Any reinainin�amounts shall be applied firsE fo late chazges, second to any other�mounts due uvdcr this Security Instrument, uid then to xeduce the principal balance of 4he l�TOtc. If I,ender receives a paymeilt froin Boxrower fox a delinqueiit Periodic Payment wlveh includes a sufFicient amounY to pay any late charge due, the payment may be applied to the delinquent payment and tho late charge, If more than one Periodic Payment is outst�idiag, Lender may apply any payment received from $oxrower to the repayment of the Periodic Payxuents if, and to the extent thaY, each payment can be paid in fiill. To TUe extent that azry excess e�sts aftcr the payment is applied To the fiall p�yment of one or more Periodic Payments, such eYCess may be applied w any late charges due. Voluntary yrepayments shall be applied firsY to any prepayment chazges and then as de�eribed in[he Note. za000avz NEBRASKA-Single Family-Fannie MaelReddie Mac UNIFORb1 INSTRUWENT Form 3028 Ve1 VMP� VMPE(NE)(1�05) - Woliers KIUrv sr Financ:al Services Page e ot�1