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��14�1455 �. Applr�a��on af Payments�r P�ac�ds. Except as otl�erwise descr�bed in tl�is Section 2, all pay�Y�en�s �iccep�ed and appl�ed by Lcnder shall be applicd in the faliav�ing order of priority; (a} interest du�under ti�e Nat�; �b}prirYcipal c�u�u�idur tlx��ot�; �c�axnou��ts du�utld�r�ectian 3. �uch payiY�ents�hall �e�pplied to Uach Per�oc�ic Payment in the order in whicl�it became due. Any remainirig at��ounts shall b�appli�d first to �i:��L L:�l`c�I'��:�y seconc� �c�any otheY�amo�.int� c�u�under t��i�5ecurity Instru�nent, and tl7en t�.�Y-ec�uce t17e principal�ba�ance of the Note. �f L�nder receives a payment from Borra�ruer for a deli��qu��t Periadic Payme�7t wlaic��iticludes a sufficit��t �moti��t to pay a�y late charge due, tla�payment may be applied to the delinquent payment and the Iat� cl�arg�. I['�nc:�re than«ne Perior�Y�: Payment i�aut�tanding, 7�enc�er may ap�a�y any payment re��i��c�from �3orrov►rer to the repayment of the Periodic Pa�rnen�s if, and ta the extent that, eac�a payment can be paid in f��l. Ta tl�e extent tl�at�tny excess exists�ft�r�he payment is�pplied to the fuil payment�f one ar mare Per�or�ie Payments, such excess may he appl�ed to any late cl�a�-ges due. Voluntas•y�repayments shall be app�ied first to any prep�ymcnt ch�rges and�hen as described in the Natc. Any applies�tion of paymen�s, insurance proceecis, or Miscellan�ous�'roceeds to principal due under th�S�fl�e ��ill no�ext�nd or pos�po�ae the due daCe, or cha�ge the ama��nt, af the Periadic P�yments. 3. Funds�or Es�row �tems. Bo�rower shall pay to Lend�r on t��e day Periodic Payments 1re due u�der tl�e � Nate, until tl�e Note i�paid in full, ��um{the rrFunds"� to pravide for payment of amounts du�for: ��ta.xes r�nd asseSsments and other items�n�hicl�cat�attain priority o��er t��is Security Instrument as a lien or c�cun�hrance on the Property; (�) leaseha�d p�yments or ground rents on the Property, if�ny; �c�premiums f�r any and all ix�surance required by Le��der under Se�tiox7 5; and �d�Mar��age Insurar�tce premiun�s, if��y, o�any sums payahle by Borrovver to L�n�er in li�u of the payment of Mortgage�nsuraz�ce premiums in �iceardance��vith the pravisiot�s of Sectian 1�. These xte��s are call�d "Escrow�t�t��s." At�3rigi�latio�a or at a��y time during t��e term of tlle Loa�, Le�c�er�na�reyuire that Commu�ity Associ�ti�n I]ues, Tees, and l�55es5ment5, iC any, he e�crC�wec�by�3arr�wer, anc��uch dues, T�es and a,s�essm�nt5�hal1 be an F��;r��v Item. �3orr�wel•shall pro�-np�ly furnish to Ler�der all natic��af amounts ta be paid under this Se�tion. �3c�rrawer sha��pay L�ncier the Funds for Escro�v Items unless Le�der wai�es Borrower`s obli��tion�o piiy t�ae Fi�nds for�r�y or all Escrow Items. Lender��7ay waive Bor�•ower's o�li�atior�r to p�y to Lendei-Funds for ��ny or•all Escro��r Items at any tirt��. AY�y��ach wai�er�rnay on�y be in writing. �n the e�ent of such�vai�rer, 13arra��er ��aall pay directly, wh�ti a�i� w��ere pa�able, ��le ar��out�ts due far a��Escrow ICer�7s far w��ic�7 paymei�t of Funds has been��ai�ec�by Lender axld, if Lender requires, s��all fur�aisl�to Le��der receipts ��i�ieY�cirj��uch payme��t within �uch time�c�rind a��]�enc�er may rec�uire. Borra�ver'�nhli��oi�to make sucll payments and to pro�ide receipts sha�l for all purpases be deemed to be a ca�renant�nd agreement �:ontained in th�s Security Instrument, as t17e phrase "'�o�ena�it and a�reement" is used in Seetion �. rf �3or�ower is abli�ated to pay Escraw�tems directly, pursuant to a�va��er, a.nd B�rro��er fa�ls to pay the 4��nount due for�n Escrow�tem, Lender m�y exercise its rights under Section�and p�iy suclz�uno�xnt and Borrower sha��then be o��igated under Section 9 ta repay t❑Lender aY-�y sucl�axnount. Lender Y��ay revflke the`�v��i�er as to any or a11 Escrow Items at any timc�y a notice g��en in acc�rdance with Section 15 and, upozi suc��revocatioxi, Borrower sha��pay ta Letlder all Fut�ds, a�ic�i�� sucl7 arnouxats, ��ia�are tlaer�r�quired under this Seetion 3. Lender may, �t any tirx�e, colle�t and l��ld Funds in an amour�t�a�sufficieYi�t�perx��it Y�er�der �o appl�t�� Funds at the timc sp�c�frcd uY�der RESPA, �nd�h} not to excee�i the maximurn amount a Iex7der cax�rcquire �.�n�i�Y• ��F;.�N1�. I_,end�r�hal� �stiin��l�t]��amc�unt oi'Func��ue r�n the ha5is oi current�i�t�i��nd re�snnah�� e�tim�tes of expenditures of future I;scrow Ite�ns or otherv�ise in accorda�nce with Appli�ahle Law. 2�14-24�i95D� 1 D0�437�[7(l1�27�866 5857 N�BRASKA-Singl��amily-Fanni�Mael�reddi�Mac UNIFQRM INSTRLIMENT WITH MERS Farm��8 1 J�1 VMP n VMP�A4N�(i 3p2} Wolters Kluw er Financial Se�vices 311�12D�� 9:45 AM Pag�5 af 17