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��14��71 need not pay�nterest an unapplied funds. Lender may hold such unapplied funds until Borr�wer makes payments to bring the Loan curr�nt.If Borrower does raot do so vvithin a reasona��e period of time,Lender shall either apply such funds or re�urn them to Borrower.�f not applied earl�er,su�h funds wi�l�e app��ed to the outstanding principal halance under the Note immediate�y pri�r to foreclosure.No affset or ctaim which Borr�wer might ha��now or in the future against Lender shall r��ie�e Borrower from making payments due under the Note and th�s Security Instrument or perforrning the covenants and agreements secured by thi s Security Instrument. �. Application of Payments ar �raceeds. Except as otherwise d�scribed in this Section 2,a�� payments accepted and applied by Lender shall be applied in the fallowing order of priority: (a}interest due under the Nate; (h)princ�pai due under the Note; �c}amounts due under Section 3. Such payments sha�I be applied to each Period�c Payment in the order in which it became due. Any remaining amounts sha11 be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance�f the Note. If Lender recei�es a payment from Borrower for a delinquent Periodic Fa�ment which�ncludes a su�cient amaunt to pay any la�e charge due,the payment may be applied to the de�inauent payment and the late charge.If more than one Per�ad�c Payment is outstanding,Lender may apply any payment rece��ed from Borrovv�r to the repayment of the Periodic Payments if,and to the extent that,each payment can be paid in fu��. To the extent that any excess exi sts after the paymer�t is appl ied to the full payment of on�or more Periodic Payments, such e�cess may be applied to any late charg�s due. Voluntary prepayments shall be applied first t�any prepayment charges and then as descr�bed in the N�te. Any application�f payments, insurance proceeds,or Miscellane�us Proc�eds to principal due under the Na�e shall not extend�r postpone the due date, nr change the amount, of the Periodic Payments. 3. Funds f�r Escr�w Items. B�rrower shall pay to Lender on the day Periodic Payments are due rxnder the Note,until the Note is paid in full,a sum�the"Funds"}to pra�ide for payment of amounts due for: �a}taxes and assessments and other items�vh�ch can attain pri�r�ty over this Security Instrument as a��en or�ncumbrance�n the Property; �b}leasehald payments or ground rents on the Property, if any; �c�premiums for any and al�insurance required by Lender under Section 5;and�d}Mor�gage Insurance premiums, �f any, or any sums payab�e by Borr�wer to Lender�n lieu of the payment of Mortgage Insurance premiums in accordance with the provisions of Se�tion 1�. These items are call�d "Escrow Items."At originatian or at any time during th�term�f the Loan,Lender may requ�re that��mmunity Assoc�ation Dues, Fees,and Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments shall be an Escrow Item.Borrower sha11 prompt�y furnish to Lender all notices of amounts to be paid under this Secti�n.Borrower shall pay Lender the Funds for Escrow Items unl�ss Lender waives Borrower's obligation to pay the Funds for any or all Escro�v Items.Lender may wai�e Borrower's obligatton to pay to Lender Funds for any or all Escrow Iterns at any time. Any such`uaiver may only be �n writing. �n the event of such waiver, Borrower sha1�pay d�rectly,when and vvhere payable,the amflunts due far any Escrow Items for which payment of Funds has been wai�ed by Lender and,if Lend�r requires, shal�furnish tn Lender r�ceipts e�idencing such payment with�n such time per�od as Lender may require.Borra�ver's obligation to make such�ayments and to pra�ide rece�pts shal�for all�urposes be deemed to he a covenant and agreement contained in this Security Instrument,as the phrase"co�enant and agreement" is used in Section 9. If Barrower is ohligated to pay Escrow Items direct�y,pursuant to 1195fi979�6 NEBRASKA-Sir�gl�Family-Fannie MaelFreddie Mac UNIFDRM INSTRUMENT Form 3�28 11D� VMPC�] D3113 Walters Klwver Finan�iai Setvices 2��404184.1.1,2529-J2D130828Y Initials: Page 4 of 17 * LD�1956979161123"`