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��14�135� <br /> under the Note and �his Security Ins�rumen� shall be made in U.S. currency. Howe�er, if any check or other <br /> instrument rece��ed by Lender as payment under the Note or this Security Ins�rurnent is returned to Lender unpaid, <br /> Lender rnay requ�re that any or all subsequent payments due under the No�e and this Security�nstrumen�be made in <br /> one or more of the following forms, as selec�ed by Lender: �a�cash;�b}money order;�c}certified check,bank check, <br /> �reasurer's check or cashier's check,pro�id�d any such�heck�s drawn upon an institution whose deposits are insured <br /> by a federa� agency, instrumentality, or entity; ar�d} Electronic Funds Transfer. <br /> Payments are deemed recei�ed by Lender when recei�ed a�the location d�signat�d in the Note ar at such other <br /> location as may be designated by Lender�n accordance with the notice pro��s�ans �n Sectian 15. Lender may return <br /> any payment or par�ial payment if the payment or partial payments are insuffici�nt�o bring the Loan current. Lender <br /> may accept any payment or partial payment insufficient to br�ng the Loan current, �vithout wa���r of any rights <br /> hereunder or prejudice �o i�s r�gh�s to refuse such payment or partla� payments �n the future, but Lender is not <br /> obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as�f <br /> its scheduled due date,�hen Lender need not pay interes�on unapplied funds. Lender may hold such unapplied funds <br /> urttil Borrower makes payment ta bring�he Loan current. If Bflr�o�ver does not da so within a reasonable per�od of <br /> �ime, Lender shal� either apply such funds or return them �o Borro�ver. �f nat applied earlier, such funds w�ll be <br /> applied to the outstanding principal ba�ance under the Na�e immediatety prior to foreclosure. No offset or claim <br /> which Borrower might ha�e novv ar ip the future aga�nst Lender sha�l relre�e B�rrower from mak�ng payments due <br /> under the Note and this Security Instrument or perf�rm ing the co�enants and agreements secured by this Security <br /> Ins�rument. <br /> 2. Appl�cat�an of Payments ar Proceeds. Excep� as otherwise described in this Sec��on 2, all payments <br /> accepted and applied by Lender sha�1 be applied in the following order of priarity: �a} lnterest due under the No�e; <br /> �b}principal due under the Note; (c}amaunts due under Sectian 3. Such payments shail be applied to each Fer�odic <br /> Payment in the order in which i�becarne due. Any remaining amaunts shall h�appl�ed first to Iate charges, sec�nd <br /> �o any o�her amoun�s due under this Securi�y Instrument, and then�o reduce the princlpal balance of the Note. <br /> �f Lender recei�es a payment from Borrower for a deiinquent Periadic Paymen� which includes a sufficient <br /> amount to pay any late charge due, the paymen�may be applied ta the delin�uent payment and the late charge. If <br /> mare than one Periodic Payment is outs�and�ng, Lender may apply any payment .received from Barrower to the <br /> repayment�f the Periodic Payments if, and�o the ex�ent that, each payment can be paid �n ful�. Ta the extent that <br /> any ex�ess e�is�s after the payment is applied�o the full payment of one or more Per�odic Payments, such excess may <br /> be applied to any ia�e charges due. Vo�untary prepayments shall be appl�ed first to any prepayment charges and then <br /> as described in�he Note. <br /> Any app��cation af payments, insurance proceeds, or Miscellaneous Proceeds ta principal due under the Note <br /> shali not ex��nd or pastpone the due da�e, or change the amount, of th� Periodic Payments. <br /> 3. Funds for EScrow Items. Borrower shall pay t� Lender an the day Periad�c Paymen�s are due und�r the <br /> Note, until the Note �s paid in fuil, a sum ��he "Funds"}t� pra�ide for payment of amounts due for: �a}taxes and <br /> assessments and other items wh�ch can at�ain priority over this Security Instrumen�as a lien ar encumbrance an the <br /> Property; �b} leasehold pa�ments or graund rents on the Property, if any; �c} premiums for any and a�l insurance <br /> required by Lender under Se�tion 5;and�d�Mortgage�nsurance premiums, if any, or any sums payable by Borrawer <br /> t�Lender in Iieu of the payment of Mortgage Insurance premiums in accardance with the pro��sians vf Sectian 10. <br /> These items are ca�led"Escrow Items." At orig�natian or at an}��ime during the term of the Loan, Lender may require <br /> �hat�ommunity Association Dues,Fees,and Assessmen�s, if any, be escrowed by Borrflwer,and such dues, fees and <br /> assessm�n�s shall be an Escravv I�em. Borrower shall pramptly furnish to Lender alI notices af amounts to be paid <br /> under this Sectian. Borrower shall pay Lender the Funds for Escraw Items unless Lender wai�es Borrower's <br /> obligation �o pay the Funds far any or al�Escrow Items. Lender may wai�e S�rrower's obligatian t�pay to Lender <br /> Funds for any or a�l Escrow Items at any�ime. Any such wai�er may on�y be�n writing. In the e�ent of such wai�er, <br /> Borrower shall pay direct�y, when and�here payable, the amounts due for any Escraw�tems for which payment of <br /> Funds has been wai�ed by Lender and, if Lender requires, shall furn�sh to Lender rece�pts e��denc�ng such payment <br /> within such tYme period as Lender may require. Borrower's obligation to make such payments and to pro�ide receipts <br /> shall far a�l purpases be deemed ta be a ca�enant and agreement cvn�ained�n this Security Instrument, as t he p hrase <br /> NEBRASKA--Single Family--Fannie MaelF�eddie Mac UNIF�RM INSTRUMENT - MERS pa����� <br /> FoRn 3��8 110� Page 4 of �5 www,docmagic.�om <br /> . <br /> . <br /> � <br />