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201210949 BORItOW�+R COV}?NANTS tl�at Rorrower is lawFiilly seised of the eafafe 1�croUy conveyed and hae(1ie right to granf and oonvey the Properry and that fhe L'roperty is Lmencumbered, except for eneuinbrancac of record. Borrower waii<tinto and will defend geaerally the title to tl�c Property againsE all claims and demands, aubjecf Co uiy encutnbrancec of record 'fH1S SRC'.UR1TY INSTRUMENT combines unifornz covenanis for national usc and non-uniform covenante with linvCed variations by jurisdicfiou fo constitute a wnioun security ina�tliment ooveruig real property. Uniform Covenants. 13orrower and Lender covenaut�nd ngree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, uid interest on, the debt evidenoed Uy hhe Note and any prepaymenG ohnrges mid Iate chaxges due undec the Notes, Borrow�t�shal1 also pay funds for �scrow Items pursunnt to Seetion 3. Pnyments due under the Note and this Seourity InaCriunent shttll bc made in U.S. currency. However, if any clleck or other instrument received by Lendor As payment under Ihe Note ar this Security I�isCrLuneut is reCmned w Leiider unpaid, Lcndcr may require tl�at any m all subsequent payments clue under the Note and this Security Instrument be m�de in one or more of the followiiig forms, ns selected by Leuder: (a) c�sl�; (b)money ordet; (c) certified cheok, buil�check, trettsurer's cheok or oashier'e chee;k, providcd any Fuch check is drawn upon an institution whoee doposits are nisw�ed by a federal agency, inetrnmentality, or entity; or(d)L�lectronio Funds Transfer. Payi��c-nis aro decmcd reccivcd Uy T�nder•when received at Uie location designated in the Note or at such athex looation ns may be designated by Lender in accordancc with tho notico provisions in Section 15. Lencler may retucn eny pa�yment or partinl paynnent if the payn�en[or partial payvianCs are insuffieient to bring the Loau current. Lender may accept viy payineut or parlial payment insufficient to bring the Loen current, without waivcr of any righte hcroundcr or prcjtiulice to its rights to refuse euch paymant or partiial pnymente in the firture, bnt Lender is not obligated to apply auch pnymenus aC Che ume snch paymcnts are acoepted. If e�ch Periodic Payment is applied as of its seheduled due dete, than Lender need not pay interesC on unapplicd funds. Lcndar may hold such unttpplied fimds tiu�ti1 Rorrower makes paymenCs to bring the Lo�n ourxent If Boi�rower does not do so within n renaonal�le period ot tiuie, Leuder s1Ta11 ciChcr ap�aly such funds or return Yhem Eo Borrower. Ii'not applied eat•lier, such fimds will be Applied to the oucst�nding principal Ualance under the Note inunediately prior to ffireclostu'e, No off'set or claiin which Borrower inight have now or in the future against Lender sh�ll relieve Borrower from u��king paymenks duo uuder tho Notc and this SecuriEy Tnetrument or performing Y1ie covenanYs and ngree�nents secared by this Seouridy Insii�wnent. 2. Application of Payments or Proceeds. Rxcept as otliarwise descriUed in This Section 2, all paymentis accept�ed and ap�lied by Lender she11 be applied in the following order of priority� (a) iziterest duc undor tho Note; (b)principal due under�the Note; (c) a�nomxEs due under Section 3. Such paymenYs shall be npplied to each Periodic Pay�nent in the order in wliich it becama due. Any re�naining amomlts shall be applied frst to lale chatges, second to nny oCher aixionnts clue tmdes� this Secmity Ine6riiment, nnd Chen lo reduoe the principal Ualnnce of Yhe Note. If Lender receivea a pa,yment fi•om Boxxower for a delinquei�it Pexiodio Payment which inchides a su'P["icient amaunt to p�y nny laYe cherge due, the payment m�y be�pplied Yo the delinquent payment and the late chaiga. If'more tilian one Periodic Pa�yment is outst�iding, Lender may apply viy paymenti received fl'om Sorrower to thc rcpayinent of thc Pcriodic Yaymeiits if, and to{he oxte��t that, each payment can be paid in fiill. To the extent that any excess exists afrer the pqyment is epplied to the full payinent of one ar more Periodio Paymants, such excess inay be applied to aaiy late charges clue. Voluntaiq prepayments shall be applied first to any�rq�ayinont uhargcs and thcn a� dcscribcd in tho Notc;. 24�03152 NEBftASKA-Single Famlly-FAnnlo MeelFredtlie M ao UNIFORM INSTRUM ENT Form 3028 110� V M F� VM P6(N E)(11051 W altere Kluw er Financi�7 Servloea Page 4 nf 17