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201211145 BORROWER COVEIVANTS that Borrower is lawfiilly seised of the estate hereby conveyed and has the right to grant and convey the Properly and that the Property is unencutubered,except for encumbrances of record. Borrower warrants and w311 defend generally We tide to the Property against all claims and demands,subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for naflonal use and non-uniform covenants with limited variaflons by jurisdiction to consHtute a uniform security insttutnent covering real properly. iJNIFORM COVENANTS.Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Iaterest, Escrow It�►s, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidencedby the Note and any prepayment charges and late charges due under the Note.Bomower shall aLso pay fw�s for Escrow Items pwsuant to Secflon 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency.However,if any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned ta Lender unpaid,Lender may require that any or all subseqnent payments due under the Note and this Security Instrument be made in one or more of the followin� forms, as selected by Lender: (a) cash; (b) money order; (c) cerlifled check, bank check, treasurer s check or cashier's check, provided any such check is drawn upon aa institution whose deposits are Insured by a federal agency,inshvmentality,or entily;or(�Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated Uy Lender in accordance with the noHce provisions in Section 15. Lender may return any payment or partial payment 3f the payment or parflal payments aze insufficient to bring the Loan current.Lender may accept any payment ar partial paym ent 9nsufficfent to bring the Loan cvrrent,withont waiver of any rights hereunder or prejudice to its rights to refuse such payment or parHal paytnents in the future,but Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied fiutds.Lender may hold such unapplied funds until Bonower makes payment to bring the Loan current.If Borrower does not do so wiUun a reasonable period of tune,Lender shall either apply such funds or rehun them to Bonower.If not applied earlier,such fiunds will be applied to the outstanding princ3pal balance under the Note itnmediately prior to foreclosure. No offset or claim wluch Borrower night Itave now or in the future against Lender shall relieve Bonower from making payments due under the Note and this Security Inshvment or performing the covenants and agreements secured by this Security Instivment. 2. Appflcation of Paym�ta or Proc�eda. Except as othenvise descrIbed in this Secdon 2, all payments accepted and appHed by Lender shall be applied in the following order of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amonnts due under 3ecflon 3. Such payments shall he applied to each Periodic Paytnent in the order in which it became due. Any remaining amounts shall be applied first to late charges,second to any other amounts due under this Security lastrument,and then ro reduce the principal balance of the Note. If Lender receives a payment from Bortower for a delinquent Periodic Payment w6ich includes a � sufficient amount to pay any late chazge due,the payment may be applied to the delinquent payment and the late chatge.If more than ane Periodic Payment is outstanding,Lender may apply any yment received from Borrower to the repayment of the Periodic Payments if,and to the extent that,eac�payment can be paid in fiill.To the e�rtent that any excess eaists after the payment ls applied to the full payment of one or more Periadic Payments,such excess may be appfled ta any late charges due.Voluntary prepayments shall be applied first to any prepayment chazges and then as described in the Note. Any application of paytnents, insurance praceeds,or Miscellaneous Proceeds to prindpal due under the Note shall not e�ctend or postpone the due date,or change the amount,of the Periodic Paymenfs. 3.Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due nnder the Note,until the Note is paid in full, a sum(the"Funds")to provide for payment af amonnts due for: (a)taxes and assessments and other items wluch can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b)leasehold payments or ground rents on the Property,if aay; (c) premiums for any and all insurance required by Lender under Secflon 5; and (d) Mortgage Insurance 92285634 0086307519 N�R4SKA-Single Family-Fennle MeelFreddle Mec UNIFORM INSTRUMHVT WITF�M�S ��p1Mq(0810) Paga 4 of 15 InlHak:(�� Fortn 3028 1/01