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201210549 ROR ROW N R COVLNAl��'1'S thaC Borxower is lawfully seised of the estate here6y conveyed and has the right io g�an4 and convey the Properry vid that the Property is unancuinbered, except for encumbrances of recard. Borrower warrants and will defend generally fha title to tl�e Property agaivet a11 claims and demands, suUject to airy encumbrances of record. THIS SECURITY INSTRTJM�NT comUines uniform covenants fpt nakional uso and non-uniform covenailts with linutieci variations by juiisdiction to consNtute a uniforn�securily inetruinenC wveri�g real property. UnlfoYm Covenants. Borrower and l,ender covenant and agrce as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and late Charges. Bo„owcr shall pay when due d�e�n incipa7 of, ttnd intcrest on, fhe debC evidenced by fhe Note and any prepaymenC charges nnd l�te eharges due uuder the Note, Borrowet slxa1l also paq funds for Nscrow Items pursuant to Section 3. Payments dLie Lmdcr tho Notc and fliis Seciuity InsCruinen[shaill be inade in U.S. currenoy. Howcva, if any oheck or otlier instruinent received by Lender As pa}nnent under tha Note or this Secwity Insrnunent is returned to Lender wipaid, Lender may require khat any or al] snUsequent payments due mider the Note and this Secm•ity Instcmnent be�nade in onc�r morc of tho following forms, as sclectcd hy Lcndor; (�) cash; (b)irioney orde�; (c) ccrtificd check, bauk cheek, treasurer's cheek or eashier's oLeck, provided any such checlr is drawn upon an inaCituCion whose depasits ere insured by a fede�•ei agency, instrumentality, or on�ity; or (d) Slectronic Plmds Transfer. Pnymenfs are deemed received by Leuder when received at tlie locatiou designatcd in 11ie NoCe or aC suoh other location as inay be designa�ted by Lender in accordanco with tho noticc pr ovisions in Scction 15. Lender may rehu�i any pa5nncnt or�ar6ral payn�enf iP ihe paymenC or paxtinl pnyments are insuf&cienl to bring the Loazi oi�rrent. Lender m�p aoeept any paymenY or p�•tial paymenk insufticient to bring tha Loan current, without wniver of auy rights hereundar or prejudice to its rigiits to refuse snch payment orpartia1 paymenCs in the future, but l,ender is not oblignfcd to app7y suah paymen4s aC thc tin�e such payments aro accepted. lf each Ycriodic Pttymcnt is applied ae ol'ika scheduled due date, then Lender need not pay inCerest or�unapplied fmids. Lender may liold such tm�pplied funds uutil Borrower tnalces paymenta to briug the Loan current. If Borrower does not do so within a reasonable period of time, Lander shall eiYher apply such f'tuids or xeturn Ghem to I3orrower. lf noC npplied ear1ier, snch fimda wi11 be app1iod to tlie onkstanding principal Ualance nnder Lhe Note inunediafelq prior to foreolosure. No oPPsef or elnim whioh Borrower mighC have now or in the future �ainsC I,eixder shall relieve Rorrower fi�om malring payments due nnder the NoCe and this Scoarity Instrmnent or perfonning 8ie covenants and ag•eemenCs seoured by Clus Security Insknment. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, nll pnymeiits acoepCed aud applied by Lender shall be applied iu t1�e following order of'priority: (a) interest due under the Note; (b)p�ittcipal dtiie timder the Notc; (c) ainounts due undcr Soction 3. 5�Gch pa�ymcn�ts shall be applied to cach Perioclic Pagu�ent in 11ie order in which iC beeame due. Any remaining av7ounts shall be applied Pirst Lb late oharges, seoond to any other amounte due mider tlus Secwity Inst��wnent, aud then to reduce the principal Ualance of Uie Note. If Leuder reeeives a pa}nnent fi�om T3orrower for a delinquent Periodic P�lyme�rt which includes a sttfticient amount to pay zuiy ltttc charge ciue, ihe p�qment maiy be applied to 4he delinqnent payment and thc]ato oharge. If more th�n one Periodic Paynient is outetanding, Lender may apply any paytnent received fi�om Borrower to Uie repayment of fhe Periociic Paytuente if, and Co the extent thaY, each payment can Ue paid in fiall. To the estent that any cxccss cYists aftcr tih�payment ie applic,d to thc fnll}�ayment of�nc or more Periodic PaymenCa, auoh excess may be npplied to nny lnke charges due. Voluntary prepnyments ehall be applied first to cury prepayment charges and then as described in 8ie Note. 2A003004 NE6RASKA-Single Famllp-fannle MaelFietltlfe Mac ONIFORM IN6TRl1M ENT Form 302�1 f01 VM P� VM P6(NE)(1106} Wolters Kluwer Flnencinl Sevices Page A af 1'!