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201201838 BORROW�R COVP�NAI�TS tl�at Borrower is lawfully seised of the estate heceby convayed 2nd has thc right W grant aaid convoy t1�e Proper6g nnd thnt the Property is unencumUered, axccpti for c.7�cutnbrances oP reoord. 13<�rrower�warrants nnd will c1efend ganea•a11y tlie title to tl�c�Proper�y agvnst all e1�inAS and demands, stiibject to nny encumbrances of recorci, TftiS S�CURITY INSTRUMENT coinUines uniform covenanes for naeional use�uid non-uniPorm covenants with limited variations by jm'lsdiction to constiiutc a uuiform seouxity insh�nment covernig real property. Unifntm CoVenants. Barrower andLender co�+enant and agree as Pollows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrowcr shall pay when due Yhe principa.l of, and intcresC on, Clie debt evidenced by the Note and any prepmymenC chu•ges and latc charges due under the Note. Borrower shxll aPso pay fimds for�scrow Iteme pursua�rt to Seofinn 3. Payments due undar the Note and thia Seom�iCy InsCruu�enY shall be mada in U.S. currency. IIowever, if a�y check or other� inst�luneni received by Lendar as pa5nnent under th�Notc or this Security Inetrumenti is retumed to Lcncier unpaid, Lender mt�y require that any r>r zdl subsequent plyments due mider the Note and this SecL�ri6y Instrument be made in one or moro oC the following foxnis, ae selecYed Uy l.endcr: (a) cash; (li)money order; {c) certified check, Uanlc check, treasurer's ohecic or cashier's checic, proviQed nny sucli aheok is drawn upon an instiUxfion whose deposits nre ineured by a tederal ageney, insh�u�ti�ontality, or enCity; or(d)Electiroiuc Cwids'CrvisPer. Pnylnents aa�e deemed received Uy Lender when received aC the location designatcd in Che Note or nt suah other location ae rnety Ue daeignated Uy Lender iu aocordE�nce wiYh the noLice provisions in Section 15. l.ender may rei�nrn any payment or p�rtia1 paymcnt if the payment ot p�rtial pa�yments v�e insnfficionC fo bring Lhe Loen currenti. Lende� may accepf any peyment or parPial payment ineufficicnt to bring Che Loan currenti, withotirt waivor of any rights hereunder or prejudioe to its rigl�L�Io refuse auctipayment or t�a�•fial paTnnents in the fiiuure, bnt Lender is uot obligated to apply suoh p2yments at the tiine such payinetrts are acccpted IP each Periodic Pa}nnent is app1icd ae aP its sohednlul due date, then Lender need not pay interest on m�applied funds. Lendex may 1�old euoh tmnpplied fmids until Barrower�nakes paymenhe t'o bring tha Loan cwrent. PP Bouowcr docs not do so�uithin a reasonable perioci of timo, Lender shall eithex apply such fwids or return thcmi to Boxrower. If noti applied earlier, such fiu�ds will be ppplied to Che outstancling principll b�lanoe under the Nota iirunediatcly prior Co foreclosure. No oftset or claim which Qorrower might haua now or in the futm e agaiiist Lender sha11 relieva]3on owar from malcing pa}nnents due under the RTOtc; e�nd tlue Seom iCy Insdrwnent or perfo�ming thc c�veii�nCs uid agreements secured Uy thiS Security Insh•urnent. � 2. Applieafion Ofi Payments or PYoeeeds. E+xcept ns oYherwise descriUed in tUis Scc;tion 2, all�ayments accepted aud applied Uy Lencier shnll be�pplied in Yhe £ollo�uing order of priority: (a) interest due under the Note; (b)}n'incipal ciue imder the Note; (c) auiow�ts duo undor SecCion 3. Such payments sha11 be applicd fo each Ycriodic Payment in the order in whic1� it bccaine dne. Atry ren�aiu'ing ainounts s1�a11 be applicd 6rst Yo late chargea, secand to aaiy other ai��c�unCs due Lmder this Secm�ity I�istauvent, and t11on ta reduae the principal bal�nce of the Notc. I£Lender receives a payn�cnt firom Boirower for a delinquent Periodic Pay�nent which 'tncfides a suffioient amoi.mt to pay aary late oharge due, the�aymeirt may be applied fo Che delinquent pa�yment and t71e]ato chlrge, I£more than one Periodic Yayment is outst��nding, Lender rnay apply any paymcnC received from Borrower to Yhe repaymont of the Periodic Pe}nnents it; aud to fUe extcKit that, each peyment can be paid in itall. To the cxtcnt Ch1l any excess exists afCer tl�o paymeilC is applied to the full paymant o'C one or more Periodic Payinents, such excess inay be applicd ho anq late cliu�ges due. Volwrtaiy prepayn�onts�shall be applied �irat to any prepayment chargcs and 11ien ns described in the Note, 24000521 NEBRqSKA-Singla Pamlly-Fannle M selFretldle M ea UNIFORf� INSTRUM FNT Form 3�28 7f07 Wol�ter�s I(luwer Glnanclxl Servlaae VPA P6(NF)('I 1067 Pape 4 of 1'I