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201209694 BOI220iVER COVLNAN7S that Borrower ia lawfially seised of the esCate hereby conveyed wd has T]ie righf To �ant and convey the Pioperty and thai the Property is unencLunUered, �cept for encumbrances ofrecord. Borrower wazrants and wilI.defend generally the Title to tlie Properiy against all.claims and demanc3s, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants far national uSe and non-imifozm covenants with limited variations byjurisdiction to constitute a Luiiform secwity instrument covering real properly. Uniform Covenants. Borrower and Lender covenant and agee as follows: 7. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pa}�when due the principal of, and inTerest on, the debt evidenced Uy the Note and any prepayment charges and late charges due under the Note. Borrower shal also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and tlus Security Instrument shal]be made in U.S. currency. However, if any check or other instrument received by Lender as payment under tl�e Note or this Security Instnunent is returned to Lender unpaid, I,ender may require thaL any or all subsequent pxyxnents due under the Nate and this Security Instrument be made in one or more of the following forms, as selected Uy Lender: (a)cash; (U) money orcier; (c) cerLified check, bank check, trcasurer s check or cashier's check, provided any such check is drawn upop an instiTution whose deposits are insured by a fed0ral agency, instnunentality, or entity; or(d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the location desi�ated in the Note or at such other Iocation as may be designated by Lender in accordance with the noHcepiovisions in Seetion 15. Lender may return any payment or paztial payment if the paymen[or par[ial paytnents aze insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficieni to bring the i�oan current, witl�out waiver of any rights hereunder or prejudice to ifs riglrts to refiase such payinent or partial payments in the future, but Lender is nof obligated to apply such payments at flie time such paymen[s are accepted if eaeh Periodic Payment is appGed as oYits scheduled due dat0, then Lender need not pay interest on un2pplied funds. Lender may hold.such unapplied funds until Borrower inakes pa}�nents to bring the Loan current. If Borrower does not do so within a reasonable period o�time, Lender shall either apply such funds or retum thzm to Borrower. If noC applied earlier, such funds will bc applied to the outs[anding principal balance under the Note immediately prior to foreclosure. No offset or claim which Bonower mig�t have now or in the future against L:nder shall relieve Borrower from malcing payments clue undcr the Note and this Securi'ry Instrument or performing the covenants and a�eements secLued by this Security Ivstrument. 2. Application of Payments or Proceeds. Except as otherwisc descnbed in this Section 2, all payments accepted and applied by Lender shall be applicd in thc following order of priority. (a) interest due�under Lhe Note; (b)principal due imder the�'ote; (c) amounts due under Secrion 3. Such payments shall be applied to each Pariodic Payment in the order in u�hich it bccame due. Any remaining ainounts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a paymeut from Borrower for a delinquent Ycric�dic Payment which includcs a sufficient ainount to pay any late charge due, the paqtnent inay be applied to the delinquent payment and the late chazge. If more than one Periodic Payment is outstanding, Lender may apply any paymenf received irom Borrower to the repayment of the Periodic Payments if, and to the exeent that, each payment can be paid in fu1L To ttie extent that any excess exists after the payinent is applied t0 the fiill paynient of one or more Periodic Payment,, such�cess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepay�ment chazges and then as deacribed in the Note. 24002]65 NFBRNSKFSingle Pamity-Fannie M ae/F�etltlie PAac UNIFORRI INSTRUMENT Form 3�28 1lOt VM P� VM P6(NEJ(�105) VPORers Kluwer Financial Services Page 4 ot 1]