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201211194 BORROWLR COVENAN'TS t7�at Boriower is lawfully seised oF thc cstate hereby conveyed ancl has the rigl�t T�o grant And convey the Property aiid that the Property is unencmnbered, except for encumUrances oPrecord. Borrower warrants and will defend generally thc title to the Property ugainst nll clain�s and demands, subject to any encwnbrances of record. THIS S�CURITY INSTRUMflNT combines unifotm covenants f'or national use nnd non-uuiform covenants with ]'rmiYed variations by jurisdic�ion to oonsflhite a uniPorm sccurity insh�mnent covering re�l prope��ty. Uniform Covenan4s. Borrower end Lendec covenant and a�ree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Rorro�ver shzll pay wl��n due tlie privcipal of', and Interest on, the debf evidc�tced Uy the Note and any prepaymenu charges and lata charges due under the Nole. Borro��c r sl�all also pay Yunds for Escrow Ilems pursuant to Scction 3. Payments due undar tlie Note and this Security IneCrumont sl�all be made iu U.S. eurrenoy. However, iP airy cl�ccic or otl�er insfrmnent reeeived by Lender aa paymc;nt under the NoCe or tl�is Seourity Inelrument is re[urned to Lendcr unpaid, Lendar may require that any or all suUscque�rt payme�rts due under the Note azid this Seci�riCy Instrument Ue made ii� one or more of'the following formF, as sclected Uy Lender: (a) cash; (b)monoy order; (o) certifed checic, Uanle chcolc, treaeurer's chack or c,�shiex's checic, providctl aaiy such checlr is drar*ni upon��insYiiution whose depoaits are insured by a federal agency, instnunent�lity, or enti[y; or (d)�lecu'onic 1'unds"Pransfer. Paymeuts are derni7cxl roceived Uy T.ender whan received aY the locntion designatcd in tbe Note or at sueh other locatiou es may be designated by Lendcr in accordance witli the aatice pxovisions in Section 15. I,e�ider inay return any payment or pnrtial�aymenC if the payment or partial payinants are insufficient to bring Chc Loan current. Lender may accepf any pa3nnent or pt�rii�l pa3nnenti insufficieut to bring Uie Loan current, withouC waivcr of any rights lieretmder or prejudice to ite rights to refuse st[ch paymc»t or partial p�yments in the future, but Lender ie not oUligated to apply such paymenfs et tha rime suoh payinenCe arc accepCed. If eaoh Periodic P�3nnent ie npplied as o£iCe schedulcd due ciate, tlien Lender need not p�y interesC on unapplied funds. Lendar inay hold such unapplied funds unlil Borrowcn'mal<es paymenCs to bring the Lozw currenG If Borrower does not do eo wifliin a reasonable pariod of time, Lender shall oithcr apply sncU funde or retuxn them to Borrower. If not a�plicd carlic��, auch funds will Ue applied to the outetanding t�rincipal Ualance undar the Note iimnediaCely priar to forecloeure. No offsct or claim wl�ich Rorrowar might have now or in the f'uture against Lender sha11 rclicvo Borrower i'rom making paymenta due under the Note axid tUis Secm�ity Instrument or perf'onning�Yhe eovennnts and ngreemenls securcd Uy tl�is�'ecm'ity Inslrument. 2. Application of Paymentis or Proceeds. Except es otherwise described in this Seccion 2, all payn,cuts accepted and applied by Lc��der shall Uc applied in the following order of priority: (�) interest due Lu�der N�o Note; (b)prinoipal due under [he NoCe; (c)u�ioimts duo und�r Scction 3. Such payinents shall be applied to each Periodic Paymeut in the order in which it becntne due. Any remaining amounts shall Ue applied 1irsC to 1ate charges, second to atiy other a�nountis due under this Security Instrument, and khen fo reduce khe prinoipal balanoe of fhe Note. If Lander x�eceives a p��nnent from Borrowcr for a delinquent Periodic Payinent which includes a suffciont amount to pay nny]�tte chtuge due, the payment rnay be applied to tl�o dclinque�it payment a�id the late dt�rge. If more than one Periodie PaSnnent ie outstanding, Lender may apply any�apnont reooived froin Borrower to the rc��ayment of tUc Yeriodic Petiyments if, and to tl�e extent Yhat, ench pnymenC cnn be paid in full. To the e:ctent that ury excees exisCs affor tl�e payment is applied to Cha Pull pa�yment of one�or more Periodic PeymenYs, aueh excess mny Ue applied to any IaCe cl�argc,� d�ie, Volantazy prepayinants shall be al�plied first to z�iy prepayment ch�uges niid then�s described in the NoCc. -- — 24003210� N EBHASKA-Single Fam Ily-Pannle W ea7fretldle M ac UNIFORAI INSTROM ENT Form 3028 7107 VM P n VM PB(NCj(1105) Wolters Kluwer Financinl Services Page 4 of 17