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201210011 BORROWER COVENANTS that Sorrower is lawfully seised of the estale hctcby conveyed and has the right to grant and conve7 the Properh and that the Property is unencumbcred, except for encumbruices of record. Borrower warrants azid will defend generally the title to thc Prope�ty against all claims and dcrnands, subject[o anp encumbrances of record. THIS SECURITY INSTRUMENT combincs uniform covenants for na[ional use and non-wnform covenants�vith limitcd variations by junsdiction to constitute a uniform securiry instrumen[covering real propertv. Uniform Covenants.Sorrower and Lender covcnant and agree as follows: 1. Paymentof Principal,lnterest, Escrowltems, PrepaymentCharges,and LateCharges.Borrower shall pay when due the pdncipal of, and interest on, thc debt evidenced by the Note and airy prepaymcnl cliarges and late cl�arges due under the Note. Bonower shall also pay funds For Escro�� Items pursuarn to Section 3. Payments due under the Note and this Sccurity Tnstrument shall be made in U.S. currency. However,if am check or other i�stnunent recci�ed by Lender as payment under thc Notc or this Security lnstrument is returncd to Lender unpaid, Lender may require thal any or all subseqnent payments due under the Note and this Securih Instrument be made in one or more of the following forms, as selected by Lcnder: (a) cash; (b)money ordcr; (c)certified chcck,bank check, u�asurer's clieck or cashier's check,provided any such check is d�aK-n upon an instituUon whose deposits are insured by a federal agency, instrumentality, or emity; or(d)Electronic Funds Transfer. Payments are deemed receivcd by Lender�vhen rcceived at the location desig�ated in the Nom or at such other location as may bc desiUmated by Lender in accordance with the nouce provisions in Section I5. Lender may retum azry payment or partial pacment if the payment or partial paymeuts a�e insufficient to bring lhe Loan cunenL Lciuler may accepi any payment or par[ial payment insufficient to bring thc Loan current,without waiver of any rights hereunder or prcjudice to its nghts to refuse such payment or partial paements in the future, bu[Lender is not obligated to apply such paymems at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due datc, Ihen Lender need not pay interest on unapplied funds. Lender mav hold such unapplicd funds until Borrower makes payments to bring the Loan current. lf Borrower does nol do so within a reasonable period of time,Lender shall eilher apply such funds or rehun them to Borrower. If not applicd enrlier, such funds�rill be applied to the outstanding pnncipal balance under the No[e immediately prior to foreclosure. No offsct or claicn which Borrowcr might havc now or in the futurc agains[Lender shall rclieve Borrower fmm making payments due under the Note and this Security Instrument or pedorming the covenants and agreements secured by this Securig= Instrumcnt. 2. Applicationof Payments or Proceeds.Ezcept as othen;ise described in tltis Section 2, all payments accepted and applied by Lender shall be applied in the following order of priorit�-: (a)intcrest duc undcr the No[e; (b)principal duc under the Note; (c) amounts due under Section 3. Such paymenCs shall be applied to each Periodic Payment in ffie order in which it became due. fury remaining amounts shall be applied first to late charges, second to am� other amoums due under lhis Secuutv Instmment, and then to reduce the pnncipal balancc of the Note. If Lcnder receives a paymcnt from Borrower for a dclinquent Periodic Pa}�ment which includes a sufficient amount ro pay am late charge due, the payment may be applied to the deGnquent payment and the late chargc. If more t}ian one Periodic Paymenk is outstanding,Lender may apply azry paymcnt rcccivcd fro�n Borrower to the repayment oF the Periodic Paymenis iC, and to the extent that, each payment can be paid in full. To the extent that any escess eusts aIlcr the payment is applied to the fidl paymeM of one or more Periodic Payments, such excess may be applied to any late cl�arges due. Voluntary prepa}ments sliall be applicd first to airy prepaymem ctiarges and then as described in the Note. NEBRASKASingle Family-Fannie MaelFretldla Mac UNIFORM INSTRl1MENT Porm 30281!01 VMP� VMPBINE](1105)00 Wolters Klu•xer Financial Services Page 4 af 1]