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2012019�� BORR09TER COVENAP�ITS fhat Borrower is lawfnlly �ised of the estate hereby conveyed and.has the right to grant and convey the �roperiy and that the Property is unencumbered, except for encumbrauces of record. Borrowar warrants and w�l defend generally the title to the Property against all claims and demands, subject to any encumbrances �of record. THIS SECURITY INSTRI7MENT cflmbines uniform covenants for national use and non uniform covenants witla limited variations by jurisdiction to constitute a uniform security inshvment covezing real property. liniform Covenants. Barrower and Lender covenant and agree a.s follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower sball pay when due the pri.ncigat of, and interest on, the debt evidenced by the NoYe and any prepayment charges a�ad late charges dne under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due nnder the Note and this Secnrity Insi=ument shall be uaade in U.S. currency. However, if any check or other i�shvment zeceived by Lender as payment nnder the Note or this Security Instrument is returned t� Lendcr unpaid, Lender may requixe tha.t any or all subsequent payments due nnder the Note and this Security Insirument be made in one or more of the following forms, as selected by Lender: (a} cash; {b) money arder; (c) ce�ed check, bank check, treasurer's check or cashier's check, prnvided any sucb. check is drawn upan an institufion whose deposits are insured by a federal agency, instrumentality, or entity; ar (d} Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in fhe Note or at such other location as may be designated by Lender in accoxdance witla the notice provisions in. Section 15. Lender may reinrn an� payme� or gartial paym�nt if the payment or partial payments aze insuff'icient to . bring the Loan current. Lender may accept aay payment or partial gayment insnfficient to bring the Laam current, without waiver of any rights hereunder or prejudice to its rights to refuse such payznent or partial payments in the future, bnt Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay intezest on unappliecl funds. Lender may hold such unapplied fnnds nntil Borrower makes payments ta bring the Loan current. If Borrower does not do so within a reasonahle period of time, Lender shail ezther apply such funds or return them to Borrower. If not applied earlier, such funds will be applied. to the ontstaasling pri.ncipal balance under the Note immediately prior to for�closure. No offset or claim which Borrower might have now or in the futtue against L.ender shall relieve Borrower frmm �aaking payments due undez the Nate and this Security Instmment or perPorming the covenants and agreements secured by this Security Instrument. 2. Application of payments or Procseds. Except as otherwise described in this Section 2, all payxnents accepted and appli.ed. by I.ender shall be applied in the following order of priority: (a} interest due under the Nate; (b) principal due under the Note; (c} amounts due under 5ection 3. Snch payments shall be applied ta each Period'zc Payment in the order in which it became due. Any remaining amounts shall be applied first to late charges, second to auy other amou�s due under this Secnrity Instrunaent, and then to reduce the principal balance of the Note. If Lender receives a payment fzom Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge dne, the payment may be appLied to the delinquent payment and the late charge. If more than one Periodic Payment is outstanding, Lender may apply airy payment received from Bnrrower to the repa.yment of the Periodic Payments if, and to ths extsnt that, each payment can be paid in full. To the e�ctent that any excess exists after the payment is applied to tlne full payment of one or mare Periodic Paymtents, snch excess may be applied to any late chargss dne. Volw�tary prepayments shall be applied first to any prepayment charges and then as described in the Note. NEBRASKA-Single Pamily-Fanrrie MeelFreddie Mac UNIFORM INSTRUMENT F°rm 30z8 �lOf yMP � • YAAPBtNEI t17061.00 Waltera Kluwer Flnancial Servtcas Paee 4 aP 17