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��14�3444 B�RR��R C�VENANTS�hat Borrfl�er is�awfu��y s��sed of th��stat�hereby canveyed and has the r�ght to grant and cQn�ey the Proper�� and that the Praper�y is unencurnbered, ex�ept for en�umbrances of re�ord. B�rrower�arran�s and wi�l defend general�� he titie to the Propert�again��all claims and demands, sub�ec�to any encumbranc�s flf record. TH�S SE�URITY INSTRUMENT�ombines unifarm cov�nan�s for national u�e and non�uniform�avenants with limite��ariations by jur�sd�ct�on t��ns�i�ute a un�farm s�cur�ty�nstrumen�co�er�ng rea� prop�r��. Uniform �o�enants. Borra�ver and L�nder co�enant and agree as fol�ows: '1. Payment af Principal, Interest, Escravr► �tems, Prepayment Charges, and Late Charges. Borrower sha11 pa�wh�n due the prinCipal of, and interest�n, the debt evidenced by �he No�e and ar�y prepayment charges and Iate charges due under�he Note. Borro�uer shall also pay funds for Es�row �tems pursuant to Sectz�n 3. Payments due under th� Note and th�s Secur�ty �nstrurnen�shall be mad�in U.S. curr�ncy. Hov�ev�r, if any check or oth�r instrumen�received by L�nder as paym�nt under�he N��ar this S�curity Instrumen� i� returned to L�nd�r unpa�d, Len��r may r�quzre that any or al� subsequent payments due under �he Note and�h�s Secur��y �nstrum�nt be mad��n one�r m�.ore of�he fo�l�wing farms, as select�d by Lender: �a} cash; ��} xnone�arder; �c}cert�fied che�k, �ank check, treasurer's check or cashier's check, provided any such check is drawn upon an institu�ion whose dep�sits are insured by a f�dera� ag�ncy, instrumentalit�, ar ent�ty; ar�d} Elec�r�nic Funds Transf�r. Paymen�s are deemed received by L�nder v�hen re��i�ed at the lacation d�signated in�h�Nflte or at such flther loca�ian as ma�be designated by Lender�n accordance�vith the na�ic�pravisians in Section 15. Lender may re�urn any paym�nt or partia�paymen� if th�payment ar par�ia�paymen�s are insuffici�n�ta bring the L�an current. Lender ma�accept any payment�r partiai pa�ment insuf�cient�a bring the Loan current, withnut wax�er of any rzgh�s hereunder or prejud�ce to ��s r�gh�s�o refuse su�h payment or part�a� pa�rm�nts �n the fu�ure, but Lend�r is not ob��gated�a apply such payments at the tirne such paym.ents are accepted. If each Periadic Paym�nt is applied as af its sch�dule��ue dat�, then Lender need not pay inter�st on unapplied funds. Lender may h�ld suGh unapplied funds un�il Barr��ver mak.es payments t�bring�he Loan�urrent. �f Borra�ver does not da sa v�ith�n a r�a�nnab�e per��d af�ime, L�nder sha�� either app�y such funds�r return them�o Barrawer. �f n�t app�ied ear�ier, such funds wi�l be applied to the auts�anding prin�ipa�balance under the Note immedia�ely priar to fareclosure. No offset or claim which Borrawer might have now or in the fu�ure against Lender shall relie�e B�rrower from making pa�men�s du�under�he Note and this Secur�ty �nstrument�r performing the co�enants and agr��men�s se�ured�y�his Se�ur�ty �nstrument. �. Appli�ativn vf Payments ar Praceeds. Except as atherwise described in this Sec�ian 2, a11 paymen�s accepted and app�ied b�L�nd�r shail be applied in the fallowing�rder of prior�ty: �a} interest du�under�he N�te; �b}principa�due under the Nate; �c} amounts�iue under Secti�n 3. Such payments shall be appl�ed to each Periodic Pa�men� �n the order zn which k�beCame due. Any re�ma�n�n� amounts shal�be appl��d�rst to late charges, second�o any o�her amounts due under�his Securi�y Instrument, and th�n��redu�e th� princ�pa�ba�anc��f the Note. �f Lender re�eiv�s a payment from Borrower far a dei�nquen�Periodic Pa�ment wh�ch �nc�udes a suffic��nt amount�a pay any �a�e charge due, the payment m.ay�e app��ed to the d��inquent paymen�and the late charge. �f mare than�ne Periadic Payment is outs�anding, Lender may appty any paym�n�recei�ed fr�m Borrow�r ta the repaym�n�of the Periodic Payments �f, and to the ex�ent xha�, each paym�nt�an be pa�d �n fu��, To th�extent that any excess exists aft�r the paymen� �s app��ed�a the fu��payment�f ane or n�ore P��odic Payments, �uch exces�may��app��d�o any lat�charges du�. V�Iuntary prepayments ,shall b� applied �rs�to any prepa�ment charges and then as described�n the Nate. N�SRASKA-Single�ami(y-Fannie MaelFreddie Mac UNiFDRM INSTRUMENT Fvrm 3D28 110� VMP� VMPS{NE�t13��j Walters Ktuwer Financiai Ser�ices Page 4 of�7