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��14��344 B�RR��ER��V�NANTS #ha�Borr�wer is �awfully se��ed of th��tat�hereby con�ey�d and has the right to grant and canvey th� Prop�rty and that the Property is unencumbered, e�.�ept for encumbrances�f rec�rd. Barrower warrants and�ill def�nd generall�r the ti��e to the Pr�per�� again�� a�� cla�ms and demands, su��ec� to any�nCumhrances of recard. THIS SECUR�TY INSTRUMENT comEbznes un�form co��nants for nat�ona� use and non--un�form��venant,�with limited�ariat�ons by�urisdic�ion�o constitute a un�forn�s�curi�y instrumen�c��er�ng real property. lJnifarm �v�r�nants, Bflrrower and Lender co�enant and agree as follaws: �. Payment vf Principa�, Interest, Es�r�w Items, Pr�payment Charges, and Late �harges. Borro�ver sha��pay vvhen due the pr�nc�pa� af, and interest an, the deb�evidence�i by the Note and any prepaymen� Charges and �at�charges due under�he Nate. Borrower shall a�sa pay funds fnr Escrow �tems pursuant�n Sectian 3. Pa�ments due under th� Na�e and this Security �nstrument sha�� be�made in U.�. currency. Hawe�er, if an�ch�ck or other instrument r�ceived by I�en��r as payment under th�Note�r th�s Security In��rumen� is returned�o Lender unpaid, Lender may requ�r�that any or all subsequ�nt paymen��due un�er the Na�e and th�s Securzty �ns�rum�nt be made�n on�or more of�he follaw�ng f�r�n�, as sel�c�ed b� Lender: �a}cash; �b} money order; �c�certif��d�heck, bank�h��k, �reasurer's ch�ck or cashier's checl�, pra��d�d an� such�heck is drawvn upon an znst�tutz�n whose depns��s are insured by a federal agency, instrumental��y, ar �nt�ty; ar�d} El�ctranic Funds Transfer. Payments ar�deemed rece��ed by L�nder when recei��d at the I�catian d�s�gna��d in the Note or at such ather�acatz�n as may be designated b�r L�nder in accordan��wi�h the na��ce pravisions in Sectinn 15. Lend�r may return any payment or partza�payment �f the paym�nt�r partial payments ar��nsuffic�en�t� bring th�Loan curr�nt. Lender m.ay a�cept any payment or par�ial payment insufficient to br�ng�he Loan eurrent, wzthau�waiver of any rights hereunder Qr prejudice ta i�s rights t� refuse such payment or partial payment� �n th�future, �ut Lender i�nat abligated ta apply such paymen�s at the t��ne such pa�ments are accepted. �f each Periodic Payment is app�ied as of its scheduled due date, then L�nder need n�t pay znterest QI�ll.Il��l�1�C�fl.lI]C�S. Lender may h��d such unapplied funds untz� �orrower mak�s payments�o�r�ng�he Loan current. If Barrower does nnt do so w�thin a reas�nab�e p�r�od of�irne, Lender sha��ei�her apply such funds or re�urr�them t�Barrawer. �f not app�ied earl�er, such fun�is wi��be app��ed to the outstanding pr�ncipa�ba�ance under the Not�im.mediat��y prior t� foreclasure. Na�ffset�r c�a�m which Borrower might have now or�n the future against Lender shal� re�ie�e Borrawer frann mak�ng payments due under the Note and �his Securi�y �nstrum��nt or perf�rm�ng �he�avenants and agreenlents secured by th�s Security Instrument. �. Applicat�on vf Payments or Proceeds. Exc�pt as��herwis�described in th�s Sec�ion 2, all paymen�s accep�ed and app��ed by Lender sha��be applied in the fQllnvving order of priority: �a} interest due under the Note; �b}principal due und�r th�Nate; �c} am�unts du�under Sect�an 3. Such paymen�s sha1��e app��ed�o each Periodic Payment in the order�n wh�ch�t became due. Any remaining amounts sha��be app��ed f�rs�to Iate charges, s�c�nd t� at�y other am�unts due under this Security Ins�rument, and then to reduce the pr�nc�pa� balance of the Nate. � �f Lender receiv�s a paym.ent from B�rrawer for a del�nquent Perz�d�c Payment which includes a suffic�ent amaun��o pa�any �a�e charge due, the paym�nt m�.a�be app��ed ta the delinquent payment and�he�a�e �hargt. �f m�re than ane Period�c Payment zs outstand�ng, Lender may apply any paymen�rece��ed from Barr�wer�o�he repaymen�of�he Periodic Payments if, and ta the extent�hat, each paymen�can be paid in full. T� the ext�nt that any excess��ists after�he payment is app�ied�o�he fu��paym�nt af one or mor� Periodic Payments, such excess ma�b�applied t� an�late Charges due. Vo�untary prepaym�n�s �ha��be applied first to any prepaymen�charges and then as des�ribed �n the Note. NEBRASKA-SingEe�amiiy-Far�nie MaelFreddie Mac UNI��RM 1NSTRUM�NT Fvrm 3�28�la1 VMP� VMP64NEy t'�3�2� Walters K�uwer�inanciai Ser�ices Page 4 oi 17