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201207436 BORROW I3lz COVLrNAN"CS fhat Borrower is lawfully seised of[he est��te hereby conveyed and h�s the right to grant ani{convey the Property and that the Properry is unencmnbered, except for encumhrFuicas of record Borrower tivarruiYs and wil1 dafend generally the title Co the Property against all claims and demands, subjccti to auy encwnbrances of record. TT3SS S�GURITY INSTROMEN"f combinas an'rform covenanta Por nsi[ional tiue and non-uniform covenanCa wiCh liinited vatiafions by jurisdicfion fo oonstihite� unifonn security insh•mnent covexing real properEy. U11ifo1'm Covenants. 13otrowcr and LenQer covenant�nd agree ns follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrowc,� shalI pay when due the princiy�tl of, and intcrest nn, Che debt evidenced l�y Cl�ie NoCe and nny prepnyment cl�argea ancl late ch�rges due imder the Note. Borrower sl�ll aleo pay fiuids for Bscrow]teine pursLtant to S�clion 3. Payu�ents dao undet tihe Note a�id fliis Security Insh m��cnt shall bc ii�adc in U.5. currcncy. However, if tury ci�eck or ott�er instr•umcnt rcoeived by Lencier as payment nnder the Note or this Securitp Insh�tiuuent is returncd to Lender nnppid, Lender m�g require that auy or a11 subsequent payine�its due wider thc NoCe atid lliis Security Instrurnent be made in one or more of the followinb forms, as sc1cctcd by Lendcr: (a) ceah; (U) money ordei; (c}cerEified cUeck, Ua�dc chcck, Lreaeuror's cl�e�k or cashier's ol�eok, provided nny suoh check is drawn upnn a+� institutinn who�e cleposits �re ii�sured by a federel agency, iilstrumentaliYy, or entity; or(d)Elco�-onic Funda Transfer. Payrne�itg aa�e de�mcd reocivcd by Lencier when received at the location designated in the Note or at�such othcr ]ocation as inay be designated Uy Lender iu Etecordance witih tlie nottce provisions in Seofion 15. Lender rnay return any p�.ymenY or partial paymeilt if the paymont or paft9al payme�tts are inFirfflcierif to bring Y1ie Low cmrent. I,ender mxy accept airy paymcnt or parlial payment insiiffioieut Ca bring the Lonn curre�rt, without wfliver of any righCs hereunder or prejudice to ite rights Yo refuse such paymenY or partial paymenta in Che future, but Lender is not obliga�ted to apply such payinents at the tivie yuch payme��ts 1rc accepPed. If each Periodic Payme��t iy appliod as nf iCe scheduled due ftflCe, fhen Lender need not pay interest on unayplicd fuiids. Leuder nnay hold such nnapplied funde until Borrower makea payments to bring the Loaii currenG If Borxower does noC do so witUin a reasonaUla period of time, Lender el�all either apply sneh fimds or return them to Botrowar. If not lpplied earlier, eucl� fimds will bc a�plicd to the outstanding principal balvice wider the Note imincdiatc1y prior tio foreclosure. No oPPsei or claiin which Borrowex tnight haue now or in the future againat Lender shall raliava Borrowar from makin�PaymenCs due tuider the Note and this Security InsY��wnent or perfarming Uie covenants and abrcc��onts secured by this Sccurity Instrmnent. 2. Application of Payments or Proceeds. Excopt �s otherwise ciescribed in this 5ection 2, all pnymente acoepted and ap�lieci by Levcler shall be applied iu the following order of priority: (a) ii2tarest due uuder ttie Nota; (b)principal due under the Note; (c) ainouuts dite ttnder Section 3. Sucli pa�nents sl�all be applicd to eaeh Pariodic Payment in the order in w1�ic1� it Uecamc duo. Any re��naining amounts shall be applied first to Iate charges, second fo any oChor amonnCs ciue imder this Seenrit3�Insuurnent, and then to reduce the principal balanee oP Che Note. If l,ender reccivcs a paynienC from Borrower for � delinquent Periodia Pa}nnent wh}cli includes � suPlicient amomiC lo pay nny late chaz•ge due, tha payinant inay be applied to the delinquent payment and tlie lato charge. If more thui one Periodic PmynTent is outstanding, Lcnder may xpply any p�tyn2ent recaivecl fi�om Borrower to the rcpayment of the Perioclic Paynnents iL, and to the extent that, eech pa�yment cen be pud in Pnll, To flie extent thnt eny exoess exists aftec Y1ie payinent is applied to �1ie iiill payment of one or�noi�e Periodie Paymai2ts, such excesa lnay Ue aypNed to any latu charges due. Voltixitary t�ropaymcnCs sl��ll he applied firs�C to Uny prcpayinenC charges axicl then as desoribed in tl�e Note. ------ saoosoit NEBftA3KA-Single Family-Fannie M aelF�etldlc M ac UNIFORM1i IN6TRUM GNT Form 3026 1l01 VMP p VMPB(NF)(11051 Wnl[ers Kluwnr Finarioial 9xrvlr.ex Page 4 of 19