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201201745 BORROWEB COVENANTS that Boirower is lasvfully seised of tlxe estate hereby conveyed and has the right to grant and convey the Properiy and that the Property is unenciunbered, except for encumbrances of record. Borrower waxrants�d will defznd generally the title to the Property against all claims and demands, subject to any encmnbrances of record THIS SECURITY INSTRU�Nf�NT combines uniform covenants for national use and non-unifonn covenants with lisnited variations by jurisdiction to constitute a uniform security instrument covering real property. lDniform Covenants. Borrower and Lender covenant and agxee as follows: 1, Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due thc principal of, and interest on, the debt evideneed by the Note and aiay prepayment cl�arges and late charges due imder the Iv'ote. Borrower shall also�aay fimds for Escrow Iteins pursuant to Section 3. Payinents due under the Note and this Security Instttunent shall be made in U.S. currency. However, if any check or other inshzunznt reeeived by L.ender as payment undcr the Note or tlus Security Instrument is retumed to Lender unpaid; Lcnder may require Lhat any or aIl subsequent payinznts due under the Note and this Seciuity Instrument be made in one ox more of the followii�forms, as selecced Uy L,ender: (a) casli; (b)money order; (c) certified check, bank check, treasurer's check or cashicr's check, provided any such check is drawn upon an insritution whose deposit�are inswed by a federal agency, instrmnentality, ar entity; or(d)Electronic Funds Transfer. Paynzents are deemed received by Lendcr when received at the location desi�aYed in ihe Note or at snch other location as may 6c de,eiguated by Lender in accardance with th0 notice provisions in Secfion 15. Lender may rehtrn any payment or parEial payment]f the payment ox partial payments aze insufficient to bring the Loaai curxent. Lender m2y accepk any payment or partial payment insufficient to bxing the Loan current, ��ithout waiver of any righ{s hereunder or prejudice to its xights to refiuse such pa}nnent or partial payments m the futux€, but Lender is not obligated to apyly such payments at the tune such payments aze acceptcd if each Periodic Payment is applied as of its schetluled due datc, thzn Lender need not pay interzst on unapplied funds. Lcnder may hold such unayplied hmds mitil Borrower makes pay�nents to bring the Loan current. If Borrower does not do so within a xeasonable period of time, Lender shall cither apply such funds or ret�n them to Borrower. If not applied carlier, such fimds will he applied t4 the ontstanding principal balance uader the Note unmed�ately prior f.o foreclosura No offset a�el<1vn whieh Borzowei migJrt 1�a��e now ar in the future against Lender shall relieve Borrov✓er from inalang payments dua under the Note and this Sectu�ity Instruinent�r performuig the covenants and a�neements secured by flus Security Insmunent. . 2. Application of Payments or Proceeds. Lxce�t as otherwise described in this Secuon 2, all payments accepted and applied by Lendcr shzill bc applied in$ie fo119wiug order of priority: (a)in4ere�t due under the Note; (b)princiyal due under the Note; (c) vnoimts due under Section 3. Such payments sha11 be applied to each Periodic Payment in the order in whicl�it became due. Any xanaining unounts shalI be applied fitst to late ct�arges, second to any other amounts due under this Security InslrumenC, and then to reduce the princlpal balance of the Note. If I.ender receivzs a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late char�e due, the payment may be applied tR the deluiquent paymenC and fhe late charge. If more than pne Perio&c Payinent is outstanding, Lendes�nzy apply any payment recetved from Borrowex to the repayment of the Periodic Payments if, and to 4he extenT that, each payment ean be paid in fu1L To the extent that any excess exists after lhe pa}nnent is applied to the fixll yaymeirt of one or more Periodic Payments, such excess may Uc applied to any late charges due. Voluntary prepayments shall 6e applied first to any prepayxnent charges and then.as describcd in the Note. - 2400C488 NEBRFSKA-Sing!e Family-FZnnie hlawFredtlie biec UMFORNI INSTRIIAI.WT Porm 3028 7!0� VA1P? VMP6 N ( �lc>>oa) Wolters Kluwer Fnenclal SeNices Pqqe 4 of 1�