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201209483 <br /> BORROWER COVENANTS that Boaower is lawfully seised of the eatate hereby canveyed and ha,the ri�t to <br /> grant and convey the Praperry and th2#the Properry is unencumbered, e�cept far enctunbxauces of record <br /> Borrower waerants and will defend generally the 6tle to the Propexty against all clavns and demands, subject to <br /> any encumbrances of record. <br /> THIS SECIJRPiY INSTRL7MENT comUines unlform covenants for national us�and non-uniform covenasi#s with <br /> limitad variaYions byjurisdiction t0 constitute a uniform security instruuient covering real property. <br /> Uniform Covenants. Borrower and Lender covenant and agee as follows: <br /> 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower <br /> shall pay when due the principal of, and interesl on, the debt evidenccd by the Note and any prepayment <br /> charges and la[e charges due under the Note. Borrower shal] also pay funds for Escrow Iteins pursuant to <br /> Section 3. Payments due undcr the Note and this Security Instrument shall be made in U.S. cunency. <br /> However, if any check or other inst�ument received 6y Lender as payment under the Nofe or this Security <br /> Instrument is retumed to Lender unpaid, Lender may require that any or all subsequent payinents due under <br /> the Note and this Secwity Instrtunent be made in oue or more of the following forms, as selected Uy I ender: <br /> (a) caah; (b)money order; (c)certi.fied check, bank cheCk, treascu-er's check ox casl�ier's checic, provided any <br /> such check is drawn upon an institution whose deposits are inswed by a federal agency, insTiwnentality, or <br /> entity; or(d)Elecironic Fnnds Transfer. <br /> Payments are dee�ed reeeived bp Lendei when received at the location designated in the Note or at such <br /> other loca#ion as may be designated by Lender in accordance with the notice prooisions in Sectian 15. <br /> Lender may return any payment or partial payment if the payment or paztial payments �re insufficient to <br /> bring the Loan current Lender may ae9ept any payment ar paztial payment in9uf�'icient to bring the Loan <br /> current, without waiver of azry righY�hexeunder ar prejudice tc its rights to refuso sneh payment or pattial <br /> payxnents in the future, but Lender is not obligated ta apply such payments at the time such payxnents are <br /> accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not�ay interest <br /> on unapplied funds. Lender may hold sucli unapplied fuads unt�l Sorrower rnakes payments to bring the <br /> Loan current. If Bonower does not do so within a reasonable period of tiine, Lencler shall either apply such <br /> funds or return them to Borrower. If not applied earlier, such funds will be applied to the outsCancling <br /> principal balance under the Note iminediately prior to foreclosure. No offset or claim which Borrower�night <br /> have now or in the future agairosf Lznder shall relieve Bosowes froin inaking payments due under the Note <br /> and this Security Instrument or perforxning the co�enauts and agreeinents securcd by this Security <br /> Instrvment. <br /> 2. Application of Payments or Proeeeds, Exc;ept as otharce*ise described in this Section 2; all pxyments <br /> accepted and applicd 6y Lender shall be a}�ylied in tl�e following Urcler of priority: (a) intaest due under the <br /> Note; (b)principal due under the Notc; (c) amounTs dne undet Section 3. SUch paysnents shall be applied to <br /> each Periodic Payment in thc order in which it became due_ Anp rPma;n;ng�o�ts sha11 be applied fust to <br /> late charges, second to any other amaunts due undex this Secuxity Instrumen{, ynd then to reduce the <br /> grincipal balance of the Note. <br /> If Lendcr receives a payment&om Borrower for a deltnquent Peri��iic Payxnent which includes a sufficient <br /> amounf to pag any late charge due, the payment may 6e applled to fhe delinqucnt payment and the late <br /> charge. If more than one Periodic Payment is outstanding Lender may apply any payment recei��ed from <br /> Borrowar to the repayment of Lhe Periodic Payincnts if, and to the extent that, each payment can be paid in <br /> full. To fhe�xtent that any czcess axists a8er the pa5�xnent is applied to the full payixient of one oi more <br /> Periodic Payments, such escess may be applied to any late cLarges due. Voluntary prepayments shal]be <br /> applied fire#to any prepaymeirt charges and then,as described in flie NotE. <br /> Zaoani s <br /> NFBRASKASingle Famity-Fannie M 2e/F�eticie M ac UNIFORM INSTRt1M ENT Form 3028 UO? <br /> WM P� VM PG(NEf(11�5) <br /> W ol�ers Kluwer Financial Services Page 4 of 1] <br />