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201210891 BORROWER COVENANTS th�t Borrower ls l�wfully seiaed of the eatate hereby conveyed�nd has the righC Co gaut znd coiarey Uie Property and that tihe Pro�erty is miencmnbered, excapt for enciimbrances of record. Borrowcr warraiit� nnd wil] dofcnd genorally thc title to the Property against all claims aud deinands, subject to any encuuibrances oPrecord. L'HIS SECURITY 1NS'I'ROMENI' combines unifonn covenanta for national usa and non-uniform covenaaits with limited varittfions by jurisdiction Eo conFtitute a uniform swurity insirumcnt covering real property. Uniform CoVenants. Borrower and L,e�ider covenant and agree ae follows; 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay whcn duc the pr'v�ci�al oP, and interesE on, the debC evidoneeci by the Noto and any prepayment charges ttnd late ohFu�ges due under the Note. Bouower shall also pay fiuicls for�scrow Items ptu'suanf to 3ection 3. Yxymmits duc imdc;r the NoCo au�d thie Sccurity Inslr�uncnt shall bc mada ii� U.S. currenc}�. However, if any cheok or other instrumenE received by Lender pe payment under ttie Note or N�is Security Insh�iment is xeturned to Leiider uupaid, Lendar ixk�y reqLura that any or all subsequent pnyments due under the NoCe aud this Security Hista�anent Ue made in one or more of the following Forms, as selected by Le�ider: (a) caeh; (b)money order, (c) certified cl�ecic, bailk checl<, trea5urer's check or cashier's check, provided any such checic is dratam upoii an iusCituCion whose de�osihs are inanred by a Pederal agency, instmmeirtttlity, or entiry; or (ci)L�Iech�onio Pnnde TxAnsfer. Payments sire deemed received Uy Lender wheu received at the locatiion designn[ed in the Note or at such oYher location as mny be designated by Lender in accordance wiUi Uia notica provisions ai Section 15. Lendar mag return vry payinent or par6al paymenk if thc payment or partial payments are ins�x£ficie��t to briub thc Loan currcmE. Lcnder ma�acoepl�ny payn�ent or p��Cial pa5n��enl insirf[icievit Co bring Lh�e Loan oiirrenl, withoul w�iver of any righte hereunder or prejudice to its rights to refuse sueh payinent ox p�u•tial payments in the fi�ture, but Lender is not obligated to apply suoh�ayments aC tha time s�ich pa}nnents are accepted. If each Periodic Payment is applied as of its scheduled due date, tl�en Lender need noC pay inkerest on unapplied funds. l.ender may T�old sti�h unapplied funds untiil Borrowcr malccs payments fo in ing the Loan cun'cnt. If Borrower does not cio sa wilhin a reasonnble period of time, Lencier shall eilher ap�ly such fimds or rehuu theul to Borrawer. If not al�plied earlier, such funds will be applied Eo the outetanc&ng principal balanca under flie Note iimnediately�rior to foreclosure. No offset ar claim which Borrower migUt have now or in tlie Fuhue againse Lender ehall relieve Borrower Pi-om making pa�ments due tiu�der the Note aud Yhis Security Iustruinent ar perfoxmin�the cove��ants and sgreeme��ts seoured Uy thia Secw�ity Instrument. 2. Application of Payments or Proeeeds. U�xcepC as othexwise deacribed in Chia Seecion 2, all payments accepted and lpplied by I,ender sh�ll be applied in the following orde�•of priority: (a) uiterest due under the Note; (b)pxincipnl due under the Note; (c) amounts due under Seotion 3. Such paymenta shall be applied to each Periodic Payment in the order in which It becaine due. Any remaining amotiurts shall 6e appliecl first to late charges, second to auy otliee amounts dtiw nr�dcr this Security Instruu�ent, and tlicn to rcducc thc principal balance of Cho Nohe. If Lcndc�r rcc civea a payinenC frona Borrower for n deluiquent Periodic Peyment wliich inoludes a sufficient n�nount to pay any late ehargo due, the paymeut may be applied to the cialincpzent payinent aud tha late ��charge�. If mora than one Pariodic I'ayment is outstanding, l�ender may ayp1y any payment received from 13orrowci�to thc rcpayinait oP the Periodic PaymenSs i�P, and Co fhe exten[that�, �ch payment can be paid in fu1L To Che extent that any excess exists after Uie p�yment is applied to the full pnyment oP one or more Periodic Pn}nneuYs, such excess mey be a�plied io any 1�1e charges due. Voluntaiy prepayments shall Ue applied first to aaiy prepayment charges avd tihen as descriUed in t1�e Note. ----.__.____..---`----`--.___�._ _..._—..._.__.. zaoos�zo NEBftASKA-Single Famlly-f-annie M aelFred�la M ec UNIFORM INS'fRUM EJ'I Form 3028 1701 VM P� V M PB(NE)(11061� Wolters Kluwer Financiel Services Pa9e 4 0�17