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��14��377 B�RR�'�V'ER��VENANTS tha�Barrower is lawfull�r se�sed�f the�s�ate hereb�canveyed and has the right t� gran�and con�ey�he Property and�hat th�Proper�y is unencumbered, e�cept for encumbrances�f record. Borrower warrants and will defend g�neraliy the ti��e ta �he Property against a�� cla�ms and demands, subjec�to a.ny encumbrances of record. TH�S SECURITY�N�TRUMENT combines unifarm cavenan.ts for na�iona�use and non-u��form c�ve�aan�s�v��h limited variations by�ur�sdictian to c�ns�itu.te a uniform se�ur�ty ins�rument co�er�ng real prop�r�y. Uniform �v�enants. Borrawer and L�nder cov�na.��ax�.d a�ree as follows: '1. Payment �f Principal. �nterest. Escraw Items, Prepayment Charges, and Late �harges. B�rrower s�a�l pay when due�he principa� �f, ar�d in�eres�an, the deb�evzdenced by th�Na�e a�a.d any prepaym�nt charges and Iate charg�s due under�he No�e. B�rro�ver sha�� a�so pay funds for Escrov�r Item�s pursuant to Sec��on 3. Payments due und�r the N�te and th�s Securi�y�ns�rument sha�Z be made in L�.S. curren�y. However, if any check or other znstrument rece�ved by Lend�r a�paym�nt under the N�te or�h�s Securi�y �ns�rum�nt�s returned�o Lender unpa�d, Lender may require tha� any nr a1� subs�quent paymen�s du�under the Not�ar�d this Secur�ty�nstrume�t�e made in ane or m�re of�he follaw�ng forrns, as selected by Lender: �a}cash; �b�money order; tc��ert�f��d che�k, bank check, treasurer's check ar cash��r's�h��k, pravxded any such check�s drawn upan an in�tituti�n whose deposits are insured by a federa� agency, �nstrumental��y, �r enti�y; ar�d} E�ec�ronic Funds Transfer. � Payments are deemed recez�red by Lender when recezv�d at th��cati�n designated in�he Nfl��or a�such ��her�acati�n as may be des�gnat�d by Lend�r in accardance w�th the not�ce provisians ��.�ection 15. Lender may re�urn any payment or partial paym�n�if the paym.ent ar par��al paym�n�s are insufficient t� br�ng�he�oan current. Lender may accep�any payment or par��a.l pay�xzen��nsuff�ci�n��o bring th�Loan �urre�t, �v�thou�vvaiver�f any ri�hts hereunder or pre�udice to i�s rights to refus�such paymen�or par��a� payments �n�h�futur�, but Lender is not o��gated to apply such payments at�he t�me such payments are acc�pted. If ea�h Period�c Paym�nt�s applied as of xts s�heduled due date, then Lender need nat pay int�res� �n unapp�ied funds. Lender may ho�d such unapplied funds unti� Borro�ver makes paymen�s�o bring�he Laan current. If B�rro�ver dae�no�do so w�thin a reasonab�e per�od of t�me, Lender sha11 e�ther apply such funds ar return th�m�o�orra�er. �f not app��ed earlier, such funds w��be appii�d�a�he autstanding principal ba�an�e un�er the No�e immedia�e�y pr�ar to for�cl�sure. Na offset ar��a�m v�ih�ch Borro�er xnight have now or in th�futur�aga�nst L�nder sha�� re�iev�Bnrrawer from making paym.ents due un.der the N�te and this�e�uri�y Instrument ar perform�ng the co�enants and agr��m�n�s se�ur�d by this Se�urity �nstrument. �. App�i�at�on �f Payments or Proceeds. �xcep�as otherwise des�ribed�n�h�s Sectzon 2, a11 payments accepted and app��d by Lender shai�be app�ied in�he foll��ing arder of prior�ty: �a} �nterest due under the Note; �b}principa�du�under the No�e; ��} amounts due und�r Se��ion 3. Such payments sha�.�be applied ta ea�h P�riod�c Paymen�xn�he order�n wh�ch i�became due. Any rema�ning arr�ounts sha�I be app�ied f�rst to �ate charg�s, second�o any oth�r amounts due under this Security�ns�rument, and then ta reduce�h� pr�nc�pa�balance of th�Nfl�e. �f Lender rece�ves a payment frflm Borrovver for a delin�uent Per�od��Paymerit which inciudes a suf�c�en� amount ta pay any�ate�harge du�, the paymen�may be appli�d t� �he de��nque�.�payment and th��a�e charge. �f more�han nne Periodic Payment is auts�anding, Lend�r may app�y a.�.y paym�n�recei�ed from Borrower�o the repaymen�of t�e Peri�dic Payments�f, and�o the ex�ent that, each payrnen�can be pa�d�n fu11. To the exten�tha�any excess exists after the payment is app�ied ta the fu��paym�nt of one or mflre Periodic Paym.en��, such excess may be app�ied to any late charges due. Vo�un�ar�prepayments sha�� be applied firs��o any prepayment charges and�hen as describ�d in the Nate. N�BRASKA-Single�amily-Fannie MaelFrer�riie Ma�UNIF�RM INSTRUMENT Farm 3028 1101 VMP a VMPS{NE�{13�Zf Wo�ters Kluwer Financial Ser�icss Page��f 17