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��14�1�93 <br /> �. App�icatifln of Payments ar Prnceeds. Excep�a� ����erw�s�desc�-ibed in�h�s Secti�n�, all paymen�s <br /> accep�ed ar�d app��ed by I..,ender shall be applied in�he fo�l��ving order of p�io�-i�y: (a� �nte�•est due under the <br /> Note; �b} principa� due unde�r�he Nflte; �c) amoun�s due under Section 3. 5uch paymen�s shall be applied�o . <br /> each Pe�ifldic Payment in the order in which i�became due. Any�-emaining amoun�s�hal� b�applied frs��o <br /> late charges, second t� any o�heY•amoun�s due under-�h�s Secu�-i�.y�ns��•umen�, and then to Y-educe�he <br /> principal balance�f�he No�e. <br /> �f Lender rec�iv�s a payme���fr4m Barrovver fQr a delinquent Period�c Paym�nt whxch include�a sufficient <br /> amount�o pa�any �a�e charge due, �h�paymei��may �e appl i ed ta�h�del inquent paymen�and th�Ia�e <br /> charge. �f ma��e than one Per�odic Paymen�is ou�standing, Lender may app�� any paymen��-ecei�ed fi•�m <br /> Borro�ver to�he repaymer��of�he Periodic Payme��s if, and�o�he extent that, each paymen�can be paid in <br /> full. To the�x�ent tha�any excess�xists after the paymen� is appiied ta�he ful� paymen�af one�r more <br /> Periodic Payments, su�h excess may be applied�o any late charges due. Volun�ary prepayments sha�i be <br /> applied firs�to a��y prepaymen�charges and then as desc�-ibed i��the Nate. <br /> Any applica�ian�f payments, insurance proceeds, or M�sceilan��us Proceeds ta prin�ipal due under the Nn�e <br /> shall no�ex�end or pas�pane the due da�e, or change the arnount, af the Periadic Paymen�s. <br /> 3. Funds for Escr�w Items. Barrower shall pay�a Lender o�-�t�ie day Periodic Payn�ents are due under�he <br /> Na�e, un�i 1 the Na�e ��paid in full, a sum ��he "FUnC�S�'� �a px•o�ide for pa�ment of amflunts due foi-: (a}taxes <br /> and assessmen�s and o�her items vWh�ch can attain priorit�over�his Security�r�st�um�nt as a lien or <br /> encunr��rance�n th�Property; �b� leasehold paymerits n����•ound ren�s on the Property, if any; ��� premiums <br />. foY• any and all insu�-ance required by Lende�•unde�- Section 5; and �d} Mo�-�gage�nsu�ance prerniums, if any, <br /> or any sums payab�e by Borra�rer tfl Lender in lieu�f�he paymer�t af Mortgage Insurance pr�miums in <br /> accordance v���h�he prfl�isions of Section 10. These i�ems are called "Escro�nr��ems." At orig�na�ion or at <br /> any tirne during the ter�n of the Loan, Lender may �•equi�•e�ha�Community Associa�ion Dues, Fees, and <br /> Assessments, if any, b�escrowed by Bor��wer, and such dues, fees and assessmen�s shall be an Es�row <br />� �tem. Borrflwer sha�I promptly furn�sh to Lender alt na�ices of amoun�s�o be�a�d unde�this Sec�ion. <br /> �arra�er shal� pay Lender the Funds for-Escr�vW I�ems ur��ess Lend�r waives Bor�-ow��-'s obl igatifln to pay <br /> �he Funds for any�r all EscrflvW��ems. Lender may waive Borr�wer's obligatYon to pay to Lender Funds for <br /> a�y�r a11 Escrow I�ems at any tin�e. Any such waive�-may anly�ae in wri�ing. �n�he e�vent af such vvaiv�r, <br /> Borro�nrer shall pay d�rec�iy, when and where payab�e, �he am�un�s due fo�- any Escrow�items fflr which <br /> payment of Fund��as been v�raived by L�nd�r and, if Lende�-requires, shall furnish tfl Lender reeeipts <br /> evid�nc�r�g suc�� payment vWi�hin such time period as Lender �na�require. Barrav�er's abl�ga��on�a make <br /> suc�pa�ments and t�pr��ride recei pts shall for aI I purpases be deemed�o be a covenan�and ag�•eement <br /> con�ained in this Secur�ty Ins��-umen�, as�he phrase "cavenant a�.d agreemen�" is used �n Section 9. If <br /> Borrower is abliga�ed to pay Escrov�r I�ems c�irec�ly, pursuant ta a waiver, and Bo�-r�we�- fai�s�o pay�he <br /> amaun�due fa�-an Esc�•�w Tt�m, Le�de�• may exercise its�-igh�s under Section 9 and pay such amount and <br /> Barrov�rer s��ali �hen Ue ob�igaCed under Sec�ian 9 t�repay��Lende�- any such amoun�. Lende�r may revake <br /> �he waiver as��ar�y a�� alI Esc�•ov��tems a�ariy t�me �y a notice gi�en in accordance vtri�h Sec��on i 5 and, <br /> upan such �•evoca�ian, Borrower sha�I pay to Lender al� Funds, and �n su�h amounts, �ha�are�hen rea�uired <br /> under this Secti on 3, <br /> Lender rnay, at a��y t�me, ca�lect and hald Funds �n an amount�a}suffic�en��o perm��Lender ta apply the <br /> Funds a�th��ime spec�fied und�r RESPA, and �b} n��t�exceed�he maximum amoun�a�ender can require <br /> under RESPA. Lender shall es�imate�he amount�f Funds due on�he�aasYs of cu�•�•en�da�a and reasonab�e <br /> estima�es af expendi�ur�s of future Eserow��ems or o�herwise in accordance v�i�h Appl�cab�e Lav►r. <br /> s�fl��s�so3 C 4� aso��s�s�� <br /> T W TH NiER � t�' �nrm 3028�l0� <br /> NEgRASKA-Ssngle Fam�ly-Fann�e M aefFred�ie M ac UNiF�RM 1NSTR�M EN ! S <br /> VM P Q VM l'fiA{NE��13D2� <br />' Wniters Kluw er Financial Services �'a9��p��� <br />