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��14��57� B�RR��ER�DVENANTS�hat Borrawer is �awfu�ly se�sed of the�s�a�e hereby c�n��yed and has the r�gh�to gran� and con�ey the Property and that th�Proper�y �s unencumb�red, exc�pt for enGumbran�es o f rec�rd. Barrower warrants and will defend genera�ly the t�tle to th�Praperty against ail �laims and demands, subj��ta any encumbrar�ces of record. T��S S�CUR�TY'��I�TRUM�NT comb�nes unif�rm c��enan�s for nat�ona�use ar�d non-un�farm covenan��wi�h I�m�ited variati�ns b�jurisdiction ta cons�itute a un�form�ecur��y instrument cover�ng rea�prap�rty. unifvrm Co��nants. B�rrawer and Lender c��enant and agree as fol�aUvs: 'l. Payment af Rrincipa�, �nte�rest, Escrow �tems, P�epayment �harges, and Late �harges. Borrower shail pay�vhen due the principal of, and�n�erest�n, �he debt��idenced by �h�Nate and any prepaymen� charges and�ate charges due under the Nflt�. Borr�w�r sha�� als�pay funds for Escrow It�ms pursuant to Section 3. Payments due under the No�e and th�s Security �ns�ruxnent shall be made in U.�. �urren�y. Ho�ever, �f an�che�k or other ins�rumen�re�ezved b�r Lender as paymen�under�he Note or�his Security �nstrument �s re�urned�o Lender unpa�d, Lender may require tha� any or a�� subsequent paym.en�s due under th�N�te ar�d this SeCuri�y�ns�rument be made�n ane or more af�h�fal�owing forms, as seiected by Lender: �a}cash; �b} money order; �c}cer�i�ed ch�ck, bank check, treasurer's check ar cashzer's ch��k, pra��ded any �u�h check is drawn upon an institu�ion whose depos�ts are insured by a federa� agency, ins�rumenta�it�, or entity; or�d} E��ctron��Funds Transfer. Payments are de�m�d rece�v�d by Lender when r�ceived at�he loca�ion d��igna�ed in the No�e or at such other locatian as ma�r b�designated b� L�nder in a�cordan�e wi�h the notice prov�s��ns �n Section �5. Lender may return any paymen�or partia�payment�f�he paym�n�nr par�ia�payments are insuffc�ent ta �ring the Loan curren�. Lender may ac��pt any paymen��r par�ia� payment insuffzc�ent�o br�ng�he Loan �urrent, �v�thau�wa��er of any rights hereund�r or prejud�ce�o its rights to refuse such�ayment or par�ia� paymen�s �n�he future, but Lender�s not ob�igate�to apply such paymen�s at�he tzme such payment� are accepted. �f each Periadic Pa�men� is app��ed as�f��s schedu�ed due da�e, then L�n��r n�ed not pa� �nterest on unappi�ed funds. Lender may hold such unapplied funds unt�l Borrower makes pa�ments��br�ng the Loan current. �f Borrower does not d�so within a reasonable p�ri�d of�ime, Lender sha��e��her app�y such funds or return�h�m�a Borrow�r. �f not app�ied�arlier, su�h funds w�I1 be app��ed to�he autstanding principa�balance under the No��immed�ate�y prior to farec�osure. No offs��or cla�m wh�ch Borravver m�ght ha�e nou�or in�he future against Lender�ha�l relieve Barrower from making paym�n�s du�und�r the Nate and this SeGur�ty �nstruxnent or perf�rming the c�v�nan��and agreement�secured by th�s Securzt� �nstrument. Z. App�icat�on of Payments or Proceeds. Excep�as�therwise des�ribed in�his 5ec�ion 2, all payments accep�ed and app��ed by L�nder shall be appli�d in the fo��ow�ng order�f pri�rity: �a} �n�erest du�under�he No�e; �b}principa�due under the Na��; tc} amaun�s due un�er Se�tion 3. Su�h payments sha�� be apg�ied�o each Fer�odic Payment�n th�order in vvh�ch it became due. Any rema�n�ng amounts �hai� be app�ied �rs�t� la�e charges, second�o any other amoun�s due under th�s Se�uri�y �n�trument, and�hen ta redu�e the prxnc�pa�ba�anc�of�he N�te. �f Lender rec��es a pa�ment from Borrower for a d��inquent Periadic Payment which inc�udes a suff�c�en� amount to pay an�la�e charge due, the paymen�xnay be applied to the de��nquent payment and�he�at� charg�. �f mar�than ane Period�c Paymen�is outstanding, L�nder may app�y an�paymen�received from Barr�vwer to �e r�paymen�of the Perzodic Payments zf, and��the extent that, each payment can be pa�d in fu��. To �he�xtent tha�any exce�s exists aft�r the payment is appized to�h� fu�� paymen�af one ar more Periad�c Payments, su�h excess may be appl�ed ta any�a�e charges du�. Volun�ary prepaymen�s sha�l be app��ed first�o an�prepayment charg�s and then as desCribed in the Na�e. N�SRASKA-Single Farr�ity-Fannie MaelFreddie Mac�Ni�UftM INSTRUMENT Form 3D�8�la� VMP Q VMP��N�J{13QZy Wo�ters Kluw�r Financia!Ser�ices Page 4 v�i 7