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��14�1955 B�RR�WER �QVENANTS that Bvrrower is lawfui�y seised�f�he estate hereby can�e�eai and has the right to grant and conve�r the Property and that the Proper�y xs unencumberec�, e�cept f�r encumbrances of record. Borrow�r warrants and wi�i defend general�y the title t�the Property against ali c�aims a.nd demands, subject ta any encumbrances of re�ord. THIS SECURITY INSTRUMENT combrnes u�ufarm co�enants for nat�onal use and non-unif�rm co�enants with limited�ariia�ions by jur�sd�ction to consti�ute a uniform se�urity instrument co�ering real praperty. Un�form Co►�enants. Borrow�r and Lender co�enan�and agree as fol�ovirs: 7. Payment of Principal, lnt�rest. Escrow ltems, Prepayment Gharges, and Late Charges. �rrawer shaix pay when due the pr�nc�pal af, and interest an, �he debt e��denced by the Nate and any prepayment charges and�a�e charges due under the Note. Barrower sha�i also pay funds for Escrow�tems pursuant�o Sec�ion 3. Payments due under�he Note and�Yiis Security Ins�rument sha11 b�made in U.S, currency. Ha�rever, if any check ar o�ier instrument re�ex�ed by Lender a�payment under the Note ar th�s Security Instrument is re�u.rned�o Lend�r unpaid, Lend�r ma.y require that any or ai1 subsequent payments due under the Note and t�is 5�cur�ty instrumen�be made in one or more of the fallawi�ng form�, as select�d.by Lender; �a}cash; �b}money vrder; (�}certif ed check, bank check, �reasurer's check or cashi�r's check, prov�ded any such check is drawn upon an ins�itut�on wvhose deposits are insured by a federal agency, i.ristrumenta�ity, or entity; or�d} Exectronic Funds Transfer. Payments are deemed recei�ed by Lender when recei�ed at�he�ocation des�gnated in�he Note or ax such o�h.er Iacatian as may be designa.ted by L�nder in accordance wr�h the notice proW�sions in Sectian 15. Le�d�r may retu�n any payment or partial paymen� if t.�e payment or pa�xal payments are insuff cient to bring the Loan curren�. Lender may accep�any payment or partial paymen�insuff cien��o bring the Loan current, withaut wai�er of any rights hereunder or prejudree�o r�s rights to refuse such payment or partial paymen�s in the future, but Lender is not obl�ga�ed�o appiy such paym�nts at the time such payments are accep�ed. �f ea.ch Periodic Payment is applied as of irs scheduled due date, then L�nder need no�pay interest an unapp�ied funds. Lender may hold such unapplr�d funds untii Bvrra�,ver makes payments to bring the Laan current. If Borrower does not do so wi�h�n a reas�nable period af time, Lender shall ei�her app�y such funds or re�urn them�� Borrvv�er. If not app��ed earxier, such funds w�II be appl�ed to the vu�standing principal balance under the Note immedia�e�y prior�o foreclasure. No offset or cla.�m which Borrower might ha�e now or in the futur�against Lender shall relieve�rrovver from m�aking payments due under the No�e and this Securi�y Instirumen�or performYng th�cavenan�s and agr�ements secured.by this S�ecuri�y Instrument. �. App�icatinn of Payments or Proceeds. Except as o�herwise describ�d in this Se��ion�, aii payments accepted and appiied by I.�nder shall be app�xed�n the fo�low�ng order of pr�ar�ty: �a}interest due under the Note; �b}principa�,due under t�Yie Nate; �c} amoun�s due under Section 3. Such payments shai�be app�xed to each Periodic Paymen�in the order in which�t became due. Any remaixung amoun�s shaii be applied�rst to xate charges, second to any o�ier amounts due under this Security Ins�rument, and then�o reduce the princ�pal ba�ance of�he Note. �f Lend�r recei�es a paymen�from�rrovver for a dexinquent Peri�dic Paymen�wh�ich�nciudes a sufficient amount fio pay any Xate charge due, �he paymenx ma.y be applied ta the delinquent payment and the�a�e charge. If more�han ane Per�odic Payment is ou�stand�ng, Lender may apply any payment rec�i�ed from B�rrow�r tn the repayment�f�ie Periodre Paymen�s if, and to the extent tha�, ea.ch paymen�can,be paid in fu�l. To the e��ent�hat any excess exists after the payment is app��ed to the fu11 payment of one or more Periad�c Payments, such�xcess may be applied to any late charges due. Voluntary prepaym�nts sha11 be applxed frrst�a any prepayment charges and�hen as desc�.b�d in the Note. NEBRASKA-Single Famify-�annie Ma�IFre��ie Mac L1NIFORM INSTRUMENT Form 3�28'i J01 VMP� VMP6{NEf{1302y.0� Wo[ters K�uwer Financial Services Page 4 vf'�7