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2��.��0595 ` Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligaxed to apply such payxnents at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied fiands until Borrower makes payments to bring the Loan current. If Borrower does not do so within a reasona.ble period of time, Lender sha11 either apply such funds or retum them to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Nata immediately prior to foreclosure. No offset or claim which Bonower might have now or in the future against Lender sha11 relieve Borrower from making payments due under the Note and this Security Instnunent or performing the covenants and agreements secured by this Security Instrument. 2. Application of Payments or Proceeds. Except as othenvise described in this Section 2, all payments accepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments sha11 be applied to each Periodic Payment in the order in which it became due. Any remaining amounts sha11 be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment ofthe Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applied to the full payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments sha11 be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note sha11 not extend or postpone the due date, or change the amount, of the Periodic Payments. 3. Funds for Escrow Items. Borrower sha11 pay to Lender on the day Periodic Payments are due underthe Note, until the Note is paid in full, a sum (the "Funds") to provide forpayment ofamounts due for: (a) ta.xes and assessments and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Properry; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and a11 insurance required by Lender under Section 5; and (d) Mortgage Insurance premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums in accordance with the provisions of Section 10. These items are ca,lled "Escrow Items." At origination or at any time during the term of the Loan, Lender may require that Community Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments sha11 be an Escrow Item. Borrower sha11 promptly furnish to Lender all notices of amounts to be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives Bonower's obligation to pay the Funds for any or a11 Escrow Items. Lender may waive Borrower's obligation to pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may only be in writing. In the event of such waiver, Borrower shall pay direcdy, when and where payable, the amounts due for any Escrow Items for which payment of Funds has been waived by Lender and, if Lender requires, sha11 fumish to Lender receipts evidencing such payment within such time period as Lender 1457072283 N�BRASKASingle Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �� Form 30281/01 VMP� 08/10 Wolters Kluw+er Finerxial Services 201207094.0.0.0.4002J20110209Y Initiels: page 4 of 17 1 7