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201206276 BORROWER COVNNAN'L'S t�at Borrower is lawfully seised Uf thc csCaCe hereby conveyed and has the right fo granC and convey the Property and tl�at Yl�e Property is unencumbered, exeept for e��cumbrances of record, Borrower warrauYs aud will dePend genecally the titic Eo the Property against all claiins and demands, subjeet eo any encwn6rances of record. THIS SECURITY INSTRUMENT winbines uniform coveuanes for natioilsil use and non-uniPorm eovenants with limited variations by jurisdiction to constiCuCe a unPfonn seeuriYy instramentcoverin� real properCy. Uniform Covenants. Borrower end Lender covenant and agree as followe: 1. Payment of Principal, lnterest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay wlien due the piincipal of, and interest on, tlie debt evitlenced by Che Note and any prepayment charges and lale charges due uuder tl�e Note. Borrower shal[ atso pay funds for Escrow IYems parsuant to SecCion 3. Payments due under tlie Note tmd Uils SccuciCp TnsCrument shall be made in U.S. currency. However, if any check or other instruinent reccived by Lender as payment under the Note or tl�is Securiry Instrument ie returned to I.ender impaid, Lender may require tl�at airy or all subsequent paymenYs due uuder tlie Note nnd fhis Security Instrumcnl be made ii� one or more oY the follow3ng forms, as selected by Lender: (a) cash; (b) money ordcr; (o) certi'ied cheek, banlc check, treaeurer's cheelc or cashiee's cliecic, provided any sucl� check is drawn upon an instihiCiou whose deposits are insured hy a federal agency, insh-ument�ality, or entity; or (d) Nleetronic Funds Txnusfer. Payl��cnts arc deemed received by Lendec when received at the IocaCion designated i�i the Note or at sucli oCher]oeation as may be designated by L,endcr in accordance with the noYice provisions in Sectiou 15. Lencler may cehiiv uiy plyment or partial payment iP the paymeiit oc parCfal pa}'ments are instrFficient to briiig Il�e Loan curre��k Lendcr may accept auy payinent or paztial payment insuPficient to biing the L.oan curre»t, without waiver nf any righes lierettnder or prejudice to its rights to refiise such paymenC or parCial }�xynionCs in tha tuture, hut Lender is not obligat�d Co apply such payments at the time such payments are accepted, if eacl� Periodic Payment is appliod as of its scheduled due date, then Lender need noC pay interc,sf. on unappliec6 funds. Lender may hold such unapplied funds until Borrower malces payinents to bring Chc La�u curreilt. IY Boi�rower does not do so within n reasoiiable pcciod of time, Lender shall eitl�er apply such Yui�ds or return thcm lo Rorrowec If not applied eaelier, such funds will be applied to the ouCsCanding prSricipal balance uncler the Note immedititely prior to foreclosure. No offset or claim which Ba�rower might linve now or in the Yuture against Lender shall re[ieve Borrowor Prom making plyinents due under Che N�,te xnd th3s Securify instrument or performing the covenanCs and agreemenYs secured by this Securiry lnstrwnent. 2. Application of Payments or Proceeds. Except as oCherwisa deseribed in tl�is SeaCion 2, all payments accvpCcd and applied by L,ender shall be applied in Che following order of priority: (a) inlerest due under the No[e; (b) prineipal due under[he A'ote; (c) amounts due under Section 3. Such p�yments shall 6e applied Co each Periodic Payment in the order in which it became due. Any remaining amounCs shall be applied firsC Co l�tre cl�arees, second to tmy other amounts due undec chis Security Instrument, and then to reduce the principnl Ualance oi'tl�c Note, If L,ender receives a ptrymerd Prom Rorrower for a delinquent Periodic Yaymeat whicli inoludes n suPPicient amount to pay any lace charge due, the paymeilt may be applied to the delinquent payment and the late charge, if more Chan one Periodic Paryii�enC is oiiCstanding, I,ender ti�ay apply any payment received from Borrower Co the repayment of the Pc�iodic Payments if, and to the extenC chac, each paymenC cnn Ue paid in Ptill. To tl�e exteiit that any cxcess exisCs after Clie payment is applied to the full payment of one or more Periodic PaymcuCs, such excess may be applied to any late charges due. Voluntaiy prepaymenls shall be appl3ed 'Piist to any prepnyment cl�arges and Ihcn as deseribed in the Note. 24001802 NEBFASKA-Sin{�le Femlly-Fznnia MaolFreddio loiac 11NIfOPM WSTFlUMENT Fo�m 3028 1I01 VMP� � VMP61NE11�7061 Wolters IUuwer Flnanolal Servloes Pepa 4 of 1]