Laserfiche WebLink
20120�� <br />BORROWER COVENANT'S that Borrower is lawfully seised of the estate hereby conveyed and has the right to <br />grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. <br />Borrower warrants and will defend geaerally the title to t�e Property aga.inst all claims and demands, subj�t to <br />any eII�ttnbraaces of record. <br />'��IS SECFTR�'Y Il�TS'FRUMENT combines uaifornz eovenazrts for narional use and non-uniform covenants with <br />limited variations by jurisdiction to constiwte a uniform security instrument cvvering real property. <br />�ieeei`cirm �ove�a�ets. Borrow+er aa� Lsnder covenant aad agree as fotlowrs: <br />1. Pa�e�t �f Principaf, lnterest, Escrovv Fterres, �aym�nt Charges, and Late Charg�. Borrower <br />s1r�LI pay when due the grincipa� of, � urteres� an, the cfiebt evi�ce,� by the l�Tote �d anY P�PaYment <br />cbarges and Iate charges. dne vncfier tt�e Note. Bvrrower sha�� also pay fuucis far �scro�r Items pursuant to <br />�ioa 3. Payrrr�eents �ue uader t�ie Note and tlsis �Sty I�trurge� str�l be mac�e uc iT.S. curreacy. ` <br />�Fovvewer, if any cfieck or ather instr�ent r�eived by E.�der as gayme�t unde� the NQte or tliis Security <br />�ment is returne� to Lea�er r�nap�i�, �.en�er may req tUat a�r �r atI �uent gayments due uIICter <br />the 1�Tote � tfiis Seeurity �� be �c3e in oace Ar �re of �e following farms, as selectecfi by Lender. <br />f aj c�s; f b� moIIeY o�; (c) certifiec� check, b�s& cTseck, tr�rer's check or c�&ier's eheck, providec� �y <br />suc�'i c�ec& is drawa, ngoa aa institw�rn whose deg�its a�e insur�fl i�y a federa� agency, n or <br />eatity; or (d) Eteetrauic Funds �ra�cfer. <br />Pa,ymenL� are deemed receiv� by Lercder whe�, r�eive.ct at tfie Y�ion d�signat� in tiae Note or at such <br />ofher I�ioa as may be � by H.�er iu �rc�a� vc+itt�a t� �tice provision.s in Section 15. <br />��y��y���r�������eg�������to <br />briag cTie � c�.reIIt. �c�er maY ���� es � FaY� in�&cient re briag the Loaa <br />c�cure�t, v�rithout w�iver of a�r righLs � sr� grejr�iee to igs rights to ref� suct� paymeat or gartia� <br />L�Y� ia t�e futuae, but � is acrt o�Iigate� tm apply s�3s gayffieats at the time such payments are <br />acs�tec�. �f each. Periodie Faymeat is apg�E a� af i�s �ed cFx� cPate, thea F.�ncter aee� aot pay iaterest <br />c� u�sglied fimc�s. � may Fi�Ta� s�h ��iec� fe�vds vati� E3orrciv�+er makes ga�+rneats to bri,ng tT�e <br />�.oa�e current. If Bom�w+er does a�E �� v�rit� � r�ason�� geri� of tune, Lea�er shatl either aggty s� <br />f�ads or retum theffi to Borrc�wer. � not app�iee� eazlier, suc�a f�ucds �x+iit be apgtiecfi tQ the outstandiIIg <br />Princigal batance unc�er the Note immediateSy grior to for�tosvre. l�o offset or cIaim which �orrower might <br />I�a:�re Hcrw or in the futvre against F.ender sfialt retieve �orro�c fro� matang paymeIIts due under the rIote <br />a� t� Se�uri.ty In�vment or p�foami�g the cove�ts aa� agce�ts secaued b� this Secvrity <br />In�ent. <br />2. LlRpt cica�ion o� �ayre�ts or F'c�eeds. E�cept as atherwis� de�rr,bec� ia this Sectioa 2, aII paymeats <br />a�t� and aPPlied b}� F.ender shall be applie� in the fo1lo�+ing order of griority: (ay interest due undes the <br />Note; (b) grincipat due under the l�dote; (c) amavats due under Secrioa 3. Such payments shail be agpliec� to <br />each Peri�Iic Payment in the order in �rhich it became due. Any *�_ a*n*na amounts sha1l be apglied first to <br />Iate cdaarges, se.cond to any other amouuts due under ttiis Security Instr�ment, and then to reduce the <br />principal batance of the Note. <br />If Lender receives a payment from �orrower for a delinquern Periodic Payment which includes a sufficient <br />amount to pay any late chazge due, the payment may be applied to the delinquent payment and the late <br />charge. If more than one Periodic Paymern is outstanding, Lender may apply any payment received from <br />Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in <br />full. To the extent that any excess exists after the payment is applied to the full payment of one or more <br />Periodic Payments, such excess may Ue applied to any late chazges due. Voluntary prepayments shall be <br />applied first to any prepayment charges and then as described in the Note. <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />yMp � VMP6lNE) (1105) <br />Wolters Kluwer Financial Services Paga 4 of 17 <br />