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201300454 Loan current. without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such payments at the time such pay ments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied fluids. Lender may hold such unapplied fluids until Borrower makes payments to bring the Loan current.If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to Borrower. It not applied earlier, such funds will he applied to the outstanding principal balance under the Note immediately prior to foreclosure.No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument. 2. Application of Payments or Proceeds. Except as othcrw ise described in this Section 2, all payments accepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment 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 Instrument. and then to reduce the principal balance of the Note. If Lender receives a pay ment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due,the payment may be applied to the delinquent payment and the late charge.If more than one Periodic Payment is outstanding, Lender may apply any payment received (torn Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applied to the full payment of one or more Periodic Payments, such excess may he applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments. insurance proceeds. or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date, or change the amount. of the Periodic Payments. 3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full,a sum (the "Funds")to provide for payment of amounts due for: (a)taxes and assessments and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold pay ments or ground rents on the Property, if any; (c)premiums for any and all insurance required by Lender under Section 5; and(d) Mortgage Insurance premiums, if any. or any sums payable by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums ill accordance with the provisions of Section 10. These items are called "Escrow Items." At origination or at any time during the term of the Loan, Lender may require that Community Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments shall be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds for any or all Escrow Items.Lender may waive Borrower's obligation to pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may only be in writing. In the event of such waiver. Borrower shall pay directly. when and where payable, the amounts due for any Escrow Items for which payment of Funds has been waived by I ender and, if Lender requires, shall furnish to Lender receipts evidencing such payment within such time period as Lender 11g:4352090 NEBRASKA-Sinyle Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMEN Form)0291/01 ta3/11 Wolters Kiuwar Financial Services 201212064 0 0 0 4002.001109'9Y Initiate f tr' "'Page 4 oft 'HLU1199U820801 t'_q' II I 11�� IIflIIIIIIflIiIIII 11 11 11 11 I II I I 1111 II