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��14��759 BC�RRC3V�ER CC]VENANTS �ha�Barr�v�rer z� �av�+�fuily seised�f th�estat�hereby canv�y��and has the right�o gran�and�on�ey the Property and tha��he Pr�per�y is unencumb�r�d, �xcept for encumbrances of r��ord. Borrov�er v�arrants and�vi�l def�nd genera��y th�t�tle t� �he Pr�p�rty against all cia�ms and demands, subject to any encumbrance�flf r��rd. TH�S SE�URITY�NSTRUMENT comb�nes un�farm ca�enants for nationa� use and non-uniform��enants with limi�ed�variati�ns by jurisdic�ion to const�tu��a un�form securi�y instrument covering real proper�y. Uniform C��enants. Barrawer and L�nder co�enant and agree as fal��ws: �. Payment �f Principal, interest, Escraw �tems, Prepayment Charges, and Late Charges. Borrower shall pa��hen due�h�prin��pa� of, and�n��res�an, �he debt evid�nced b�the Note and any pr�payment charges and�a�e charge�due under�he N�te. Borro�ver sha�� als�pa�r fund�for��raw ��enls pursuant�o S�Cti�n 3. Paym�nts due under�he Note and thi�Secur�ty �nstruz�nent sha�l b�made in U.S. currency. Howe�er, if any check�r other ins�rument received by Lender as paymen�under the Note�r this Security Instrumen� is returned to Lender unpaid, Lender may require that an� ar all subsequent payments du�under th�Note and th�s Secur��y �ns�rument be made�n one or more of the fo��owing forms, as sel��ted by Lender: �a}cash; �b} m�ney order; �c} c�rtif��d che�k, bank�heck, treasurer's check or cashier's check, prfl�ided any such check�s drawn up�n an institut�on whose depas�ts are insur�d by a federal ag�ncy, �nstrum�n�a��ty, or entity; ar�d� E�e�tronic Funds Transfer. Payments are deem�d received by Lender u�h�n recei�ed a�the l�cation designated in the Not�or at such o�h�r IoGation as may be des�gnated by Lender�n accordance w�th�he no�iCe prn��s�ons�n Sect��n 15. L�n�er may return any paymen�or partia�pa�men� if the paymen�or par��a� payments are�nsuffzc�ent to br�ng�h�Loan�urrent. Lender may accep�any payment�r par�ia�pay�nen��nsuff�cient ta�r�ng the Loan current, w�thout wa��er nf any r�ghts hereunder or prejudic�to its rights ta refuse such paym�nt or partial payrnents in the future, 1�ut Lender is not ob�xga�ed��apply such paymen�s at�he time such payments are accep�ed. If each Perzodic Payment is appl��d a�af��s schedu�ed due da�e, �hen Lender ne�d no�pay int�res� on unappli�d funds. Lender may hald�uch unapp��ed fund�untx� B�rro�v�r mak�s pay�ments ta bring the Loan current. If Borrower daes not do sa within a reasanable periad of time, Lender shall either apply such funds nr return�hem to Barrower. If nat applied earlier, such funds wi��be app�ied to the outs�anding pr�nc�pa� ba�ance under the Not� �mmediately priar��foreclosure. Na offse�ar�Iaim which Borr�wer might have now or�n�he future a�a�nst Lender sha�� re�ie�ve Borra�er from malfing paymen�s du�under the Na�e and�his Stcuri�y Instrument flr p�rformin�the coWenants and agreemen�s secured�y th�s Secur��y Ins�rum�nt. �. App�icatifln of Paym�nts or Proceeds. E�cep�as�therwise described in�hi�Sec�ion�, a�I paymen�s acc�pted and app��ed by Lend�r shall�e app�ied in the f��a�ing order af priori��; �a} �nteres�due under the Note; �b}pr�ncipa� due under the No�e; �c) amounts due under Section 3. Su�h payments sha��e applied to �ach P�riodic Paymen� �n the order�n wh�ch ��became due. Any r�maining amounts sha��be app��ed�rst to �ate charges, se��nd to any other amounts due under this Secur�ty �nstrument, and then�a reduce the pr�nc�pal ba�anee of the Not�. �f Lender recex�es a payment frnm Borrou�er for a d��inquent Period�c Paymen�which inc�udes a sufficient amount t�pay any late charge due, the paymen�ma�be app�ied to the d�linquent payment and the lat� charge. If more than ane Perzod�c Paym.ent is autstandxng, Lender may app�y any paymen�recei�ed from Borraw�r�o�he repa�ment�f the Periadic Payme�ts if, and ta the extent that, �ach paym�nt can be paid xn fu��. Ta th��xtent that any�xcess exists after�he payrnen�is app��ed to th�full paym�nt of�ne or more Perzodi� Paymen�s, such ex�e�s may be app��d t� ar�y�at��harges due, V�luntary prepayments sha�1 be appl�ed f�r��ta any prepayment charg�s and�hen as d�scribe��n the Note. N�BRASKA-Single Famity-Fannie Mael�reddie Mac UNIFQRM INSTRUMENT Farm 3��8 71�1 VMP[g� VMP6�N�)��302} Walters Kluwer�inancial Ser�ices Pag�4 af I 7