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��14��733 B�RRDWER�UVENANTS that B�rrawer�s �awfu��y seised�f th��state hereby can�eyed and has �he r�ght�o gran�and con�ey�he Praperty and �hat�h�Prnper�� is un�nCumber��, excep� far encumbrances af recard. gorrow�r warran�s and will def�nd g�n�ra�ly th�ti��e t�the Property aga�ns�a�� laim�s and demands, sub�ect to any encumbrances af recard. THI� SECURITY INSTRUN�ENT combines uniform cov�nants for natiana�use and nanWuniform covenants with timited varia�ians by jurisdi��ion t�cons�xtu�e a un�form secur�ty instrument covering real pr�per�y. Unifvrm Co�enants. Borrow�r and Lender cavenant and agree as f�l�ows: �. Payment vf pr�nc�pa�, I nterest, Esc�ow ItemS, ��epayment Charges, and Late Charges, Borrower sha�l pay wh�n due t�e pr�nczpa� of, and interest on, the�ebt�vi�enced by �h�Not�and any pr�pa�m�nt �harges and �ate charges due under the Note. Borr�v5rer sha�l al��pa�funds for E�cr�w It�ms pursuant�a �ect�on 3. Payrnen�s due under the Na�e and this Security �nstrunzen�shal�be n�.ade�n U.�. curr�ncy. However, �f any Gheck or��her instrument rece�ved by Lender as payment under the N'�te nr thzs Security Instrument is re�urned t� Lender unpaid, Lend�r ma�require t�a�any or ali subs�quent paymen�s due under the N�t�and this Secur�ty �nstrument be mad��n�ne ar more of�he following f�rms, as selected by Lender: �a} Gash; ��}man�y�rd�r; (c} cer��ed check, �ank check, treasurer's check or cashier's check, pra�ided an� such ch�ck��drawn upor�an institutian whos�d�pos��s ar��nsured by a fe�era� agency, instrum�n�al��y, ar entity; ar�d} ��ecrron�� Funds Transfer. Payments are de�med re�e��ed�y Lender when rec�ived at the Ioca�ian designated in�he Na�e or at such o�her I�ca�iQn as may be des�gna�ed by Lender in accordance wi�h the notice provisians in Section I5. Lender may return any payment or partial pa�rmen� xf the pa�ment or part�a�paym�nts ar�insufficient to bring�he Laan�urren�. Lender may acc�pt any paym.en�ar par��al.paymen��nsuf�cien�to bring the Loan curr�nt, with�u�waxver af any right�hereunder or prejudice�a its rights to r�fuse such paymen�or par�ia� payments in the fu�ure, but Lend�r is n�t�b�iga�ed��apply such payment� at the�ime such pa�rments are accep�ed. If each Periodic Paynnen��s app��d as of x�s schedu�e�i due dat�, �h�n Lender n�ed nat pay �nt�r�st on unapplied funds. Lender may ha�d suGh unapp��ed funds un�i� Barrawer am.akes paym�nts ta bring th� Loan�urren�. �f Borro�ver does not do s�wi�hin a reasonah��per�od of t�rn�, Lend�r sha�l e��her app�y suGh funds or return�hem��Borrower. If na�app�ied earlier, such funds will be app��d to the�uts�anding principa�ba�ance under th� N�te immediate�y prior t� fareciosure. Na offse�or c�aim which Barrower might hav�now or in�he future against Len�ier sha�l relie�e Borrav�er from making pa�ments due under the Note and th�s S��uri�y Instrun�en�or perfarming the ca�venants and agr�emen�s s�cur�d by�his Security �ns�rumen�. �. Application vf Payments n� P�aceeds. E�cept as o�herwis�des�ribed in��is Se��ion�, a��payments a�c�pted and appl�ed b� Lender shall be applied in�he following arder af priori�y: �a} interest due under the Not�; �b}pr�ncipal due under the N��e; �c} am�unts due under Section 3. Such pa�ments sha��be applied to �ach Periadic Payment in�he order in whzch it became due. An�r remaining amaunts shall be app�ied�rst ta �ate�harges, secor�d t� any other amounts due under thxs Securi�y Instrumen�, and�hen ta reduce�he princ�pa�ba�ance af th�Nate. If Lender rece�v�s a paymen� from Borr�wer f�r a de�inquen� Periodic Paymen��vhich�nclud�s a suffici�nt amount t�pay any late charge due, the payment may he app�ied to�he deiinquent payment and the�a�e charge. If more than�ne Period�c Paymen� �s outs�anding, Lender may apply an�payment r�c�ived fram B�rrower t� the r�pa�men�of the Periadic Paym�n�s if, and�o the extent�hat, each payment can be paid�n fu��, To the exten�that an�excess�xists after the payment is app��ed to th� ful�payrn�.�nt of one tir m�re Periad�c Payments, such�xcess may be appl�ed to a.ny Ia�e charges due. Va�un�ary pr�payments shall be applied f�rst to any prepayment charge�and then as described in�he Note. NEBRASKA-Single Family-Fannie MaelFreddi�Mac UN��QRM INSTftUMENT Fprm 3028 IID� VMP� VMPfi{NE}[13D2) Wolters Kluwer�ina�cial Ser�ices P�ge 4 vf�7