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201208989 BORROWER GOVENAIVTS 11iaE Rorrower is lawfidly seiseci of the estate hereby conveyed�tid has the right to grant and convey tl�c Nrc�perty aud that Lhe Property ie uneucumbered, axcept'tor ei2cwnbrance.s of i�ecord. 13orrower warrants wd will ciefend generally the Citile Co the Property against all claims and demands, subjeoC Co nny enournbr�nces of record. THIS SL�CLII2ITY INSTRUMENT combines Lu�iForm covennnte for nrrCioual use and non-uniform covenants with limited vnriaEions by jurisdiction to aottsfitutc a miifonn Fecurity instrument covering real properEy. Uniform Coven2nt8. Borrower and Lender covenant and agree 2s follows: 1. Payment of Principal, Interest, Escrow Items, Prepaymerit Charges, and Late Charges. Borrower shall pay wheu dne Yhe principal of, uid intcresC on, Che debl evidenced Uy tl�e Note and Eu�y prepayment charges and late ch�rges c�ue uiider the Note. Borrower shall a}so pay funds for�scrow Iteme pmsunnt Yo �ecuon 3. Paytnents due wider the Note and this Security Inatei�ment shall be made in U.S, currancy. I3owever, if auy chack or otl�er instrumenl received by Leaider as payment uuder tUe]votc or this Security Insh'mnenY is returned fo I,ender unpnid, Lendei may reqttire thaY any or a71 si�sequenC pa}nnents due under the Notc auxi fhis Security Insh•ument be in�zde in one or m�re oP[he Pollowing forms, ae selecteci by Leuder: (a) oash; (b)money ordes; (o) cert�ified check, l�>anlc check, treesurer's check or cashiec'e check, provided any such cheek is cLawn upon<tti ir�sfttution whose deposits Are inewed Uy a federa1 abency, ins6ruinenlaliCy, or enYity; or(d)Flectronic Fui�ds Transfer. Payments aee deeined receivcd by Lender when received at the locatiou de5ignatod in the Note or aC suoh other location as i��ay be desigaiated hy Lender ii2 accordance with the xiotice provieiona in Section 15. Lcnder inly return nny paymenY or partial payanent if Lhe pa}nnent or parrial paymenYs are insufficieut to bxing the Loan currenC. Lendar may acccpt any paytnent or partial payinent insnfticient to hring thn LoEui eurrenti, without waiver of any righls hereunder or prejudice to its rights tc�rcfusc sueh�nytnent or p�rtizl paymc�nts in fhe fuLiire, but Lendor is not oUligated to apply such payments at the time suoh payments are accepCed. I£ench Periodic Pa�ymenC is applicci ae of its schednled due dnte, than Lender need n�t,pay intcrest on unapplied hu7ds. Lender may hald such unapplied fiuids until I�orro�ver mal<c;s paymenCe to bring the Loau current. If Borrower does not do eo within a reasouable period oP Cin�s, Lender shnll eiYher apply such fixnds or rch�m t'fie�n fo Borrower. IP uot appfled earlia, euch funds will be applied to the ontstanding prineipal balance under the Notie inunecliataly prior to fnrecloewe. No otfsat or claiin�liich Borrawer �iught have now or in fho fuCure against Lender shall relieve I�orrowcr froin m�king peyments due midex Uie Note and this Securi[y InshutnenC or perfoi�ming tho covuneuts And ag•eemenYs secured by[liis Seo�uity Instrmnent. 2. AppliCa4lorr of Payments ol' Proeeeds. Pxcept as otherwise descriUed in this Sc,�c;tion 2, all p�yments accepted and applied l�y Lend�r ehall be applied iu f7ie fr>ll�>wing orcier oPpriority: (fl) interesti due mider tlie Note, (b}�rinoipal due uuder the Note', (c) anwunte ciue under Sectiou 3. Such payments sliall Ue applicd to ench Periodie Payment in the oedcr in�uhich it beoame due, Any remaining amotimts shall be applied firsti to lete charges, second fo ttny oCher an2onuts dne under tl�iy Secnrity instrauicnl', tmd Chen to reeluce tlie princi��al Ualance of che Note. If Lender i�eccivice a paymeiit from Borrower for a delinqucnt Periodic Payme�t which includes a sLil'Ficient aui�ount to pny any Inte oharga due, tihe payment may be applied to the delinqueuY�pnyitient a��d tlie lato chaxge. If moro Yhan one Yeriodia VayiiienC is outstaudiug, Lender n'iay apply a�ty paymenC receiveci'G'otn Borrower to the repayinont oP Che Periodio PAyinents if, and to tl�o cxtcnf U�aC, esich plytnent can he paid in full, To the exhen[[hat uiy excesa exists at�er the payn�enf is npplied to Uhe full payment of one or more Periodic PaymenCs, such excess may Ue applieci Co nny latie charges due. Voluntary prepaymonCs �hnll be applied first to any�repaymonC charges and then as dascribed in the Note. zaoo2ua2 NEBRASI<A-Single Famlly-Fannle PAaelFreddie Mac ONIFOFM INSTRIIMENT Porm 3p28 7101 VMP� VMP6(NF�(1706) YVoHers Kluwer Financlal3ervices Pa9a4 of 1"!