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201206906 BORTtOWFR COVENANTS that Borrower is la�wfiilly seised of 11ie estate horoby conve�ycd xud has tl�e rigirt to grvit and convey the ProperCy�id th�t the Property ie tmencumberecl, except for encumbrances oPrecord, Borrowe��wnrrants tuid will defend generally the title to tlie Property t�gainst all claims twid deinnnds, suUject to �ny enoumbi�tnces of record. 1'flIS SL C[I}2T'CY 1�S'fRUM�N'1' cbmbines uniform covenants for national usa and non-tuuform coveaaaiYs with limited varia�tiona by jurisdiction fo consCitute�uiufoim securiEy inetruii�ent eovering rcal prope�•ty. Uniform Covenants. Borrower ax�d I,enci�r cpvenuraC�nd agrco as fo17o5�s: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. I3orrowar shall pny when dne the pi9ncipel of, and interest ari, the debt evidenced by the Note anci any prapalnncnt char�;ee and laYc;chargcs duc uttidor thc Noh:. Borrowcr shaU also pery funds for Psorow It�ems ptu'stit�rt Yo Section 3. Payinents due imdex the Note nnd this Seourity Histrmi�ent shall bc mttde in U.S. currcncy. I3owever, if any check or other inatrmne�it received Uy Lender as payment under the Note or this Seouridy Insta'mnent is reteuned to Lender wipaid, Lender may require that any or all subsequent paymenYs clue under tho Note and this Scc�rity Inetruinentl�o i��adc itt ono or moro of t6e following fonns, �a selected by Lznder: (a) c�sh; (b)inoney oxder; (c) certiffed cheok, bank checlG traaeurer'a eheck or cashier'�chwk, ��rwided any suoh cbeck is cLawn u�on an ins¢itution whose deposits aa•e insured by a federal agency, inehumeutality, or entity; or(d)Rlectronic Funds Trnnsfer. PaSnnents are deemed received by Lender when received at the locatiion desi�;nated in the Note or at such othcr]ocation as may be designated l�y Loncier i� acoordance with thc i�oNce provisio�ny in Soctiw� 1$. Lender may rehu�n nny payment or p�rriel payment if the pn}nnent or peu�6in1 payments su�e insuf�ioienC fo briug the Loan current. Lender inay�cce�t any paymenY or partial payment insuPficient to bring the Loan ctui�eut, wifllout waiver of any iiglits her�mde�� or prejtiidice to its rights to refitse stitich paytnent or paatinl payii�ont�in tlio fa6urc, but Lender is�2ot obligatcd Co apply such paymcn{s �Gt thc Limc such payu�ents are aocepted. If each Pexiodic Paylnent is applieci ns of its scl�eduled due daCe, tlien Leuder need noC pay int�K'ost ou wiapplied fiinds. Lender inay hold sucli uuap�lied Rancls unti113orrower tnzke�paymenls to bring the � Loan current. If B�rroWer does not do so witl�iti a reasonable pEriod of time, Lender shall either apply auch funds or reCurn them to l�orrower. IP not applied earlier, eueh fiiuds will be applied fo tho a�iGstandrng prinoip�l balanoa undar the Nota itrunac9iaYely prior to forecloaiue. No of£aet or claim whieh Boxxower might ha�e uow or iu fhe fiilure against Lender sliall relieve Boxrower fion�making payinai2ts duc wider thc Note aud this Security InsLument or performiug Yhe covenants and ngi•eement�aecured by this Secnrity [nst��wnent�. 2. Application of Payments oN Proceeds. Pxcept as otlxerwise descriUed in this SecCion 2, all pa}nnents acc�ptiEd and tipplicd by Lcndcr sliall bc a�plicd in Lho following order of piiority: (a)interest due uncler Y1ie Note; (b)principal due uncler the Note; (o) amotints due uuder Secuon 3. Sitch pa}nnenls shall be applic�3 to each Pariodic Payinant iu 11ie order in which iY becama due. Any remaitiing �unounta shall Ue applied first Co lako charges, second fo 2ny other amounts dtiie under this Security lush'tiunent, and flien to ieduce Uia principal bplance of the Note. If Lender reoeives a��n�nent from Borrower for a delinquenC Periodic PaymenC which includos a sitfficient �inount to puy tmy late charge clue, the p��yment ma�y be applied to the delinque�it p�}ni�ient azid the late ohaxge. lf mme than one Periodic P�yinent is outsfanding, Lendar ixu�y apply any��ayment reoeived ti�om Borrower to ihe repayment of tho Pcriodio Paymenls if, and to tho cxtent that, each payment can be paid tn full, To Che extent that any excess etists aftex [he paymenf is npplied Co lhe full pa}m�enC oP onc or more Periodic Paymanf�, such excese mny be applied to auy late ch�u•g�es due. Voluntary piepaymenis shall be applied first tn any ptepaymairt chazbes �nd then as ciescriUed in tlie Note. -�--� �----- `— �-- -- znootesa NE6RASKA-SIn9leFamlly-FannleMee/FroddleMaoONIFORM INSTRIIMENT Pormaa2a11o1 Vld P OO VM P6(NF.)(1106). Woliars I<I�wer Finanoial ServlceR PnfleA of 1"/