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��14�4954 Z. Ap p I i cati v n of Payments o r Proce�ds.Excep�as oth�rwise de�cribed in this Secti�n 2, all payrnents accepted and applied by Lender�hal�be appl�ed in�he fo�lowing order of priority: (a}�nterest�ue und�r the Nate; (b)principal due under the�o�e;�c}amounts due under Section 3. �uch payments shal�be app�ied�o each Periodic payment in the ord�r in�vhich i�became due.Any remaining amounts sha11 he appt��d first to late charges,second to an�ather amounts due under this Security Instrument,and then ta reduce the principa�balance�f th�Not�. If Lend�r receive�a pa�ment from Borro�ver for a delinqu�nt Periodic Payment which includes a suf`f'icient amount ta pay any 1a�e charge due,the payment may be applied to the delinquen�payment and the late charg�. If more than one Periodic Payment is outstanding,Lender may app�y any gayment recei�ed from Borrower to the repaym�nt of the Periodic payments if,and ta the extent�hat, each paym�nt can be paid in fu11. To the extent that any excess exists after the payment i�applied to the fult payment of one or more Periodic Paym�nts, such excess may be applied to any late charges due.Voluntary pr�payments sha11 be app��ed first t�any prepayment cha.rges and then as de�cribed in the Note. Any application of payments, insurance proceeds,ar Misce�lane�us Proceeds to principal due under the Note sha�l not extend or postpone the due date,or change the amount,of the Periodic Payments. 3. Fundsfor Escrovr►Items.Borrower sha11 pay to Lend�r on�he day Periodic Payments are due under the No�e,until the Note is paid in fu11,a sum(the"Fund�")to provide for paym�nt of amoun.ts due for; (a)taxes and as�essments and other it�ms�vhich can attain pr��rity Q�er this Security Instrument as a lien or encumbrance on the Praperty;�b)leas�hold paymen�s or ground rents on the Praperty, if any; �c}premium� fvr aa�and a11 in�urance required by Lender under Section 5;and(d}Mortgage Insu�rance premium�, if any, or any sums payable by Borrovver to Lender in�ieu of�he payment of Mortgage Insurance premiums�n acCordance with the provisions of Section 1�,These�tems are called"Escrow Items."At orig�nat�on or at any time durin�the term af the Loan, Lender may require that Community Association Dues,Fees,and Assessments, if a�y,be escra�ved by B�rro��r,and such dues, fees and assessments shall be an Escraw It�m. Borrower�ha�l�ramptly furnish to Lender a11 notices of amounts ta be pa�d under this Section. Borrower sha��pay Lender�h�Funds f�r Escrow Iterns unless Lender waives Borro�ver's obligation to pay the Funds for any vr alI E�crow Items. Lender may waive Borrower's obiigation to pay to Lender Funds for any or at�Escr�w Items at any time.An.y such waiver may Qnly be in wri�ing, In the e�ent of such wai�er, Borrower shall pay directty,when and where payable,the amounts due f�r any Es�row Items for which payment of Funds has been waived by Lender and, if Lender requires, sha�l furnish to Lender receipts e�idencing such payment within su�h time period as Lender may require. Borrotiver's obligation to make such p�yments and to pravide reeeipts shall for a11 purposes be deemed to be a co�enant and ag�reement conta.ined�n th�s�ecurity Instrument,as the phrase "co�enant and agreement" is used in Section 9. If Borravver is obligated to pay Escrow Items directly,pursuant to a waiver,and Borrower fails to pay the amount du�for an Escrow Item,Lender may exerci�e its rights un�er Secti�n 9 and pay such arnount and Banower shall then be obligated under S�ction 9 ta repay ta Lender any such amaunt. L�nder may re�oke the waiv�r a�to any or a11 Escrow Items at any time by a notice given in accordance wi�h Section 15 and, upon such revocation,Borrower shall pay to Lender a�l Funds,and in�uch amounts,that a.re then required under thxs Section 3. Lender may,at any time,coll�ct and ho�d Funds in an amoun��a}suff cient ta permit Lender to apply the Funds at the tirne specified under RE�PA,and(b�no�t�exceed the maximum amaunt a lender can require under RESPA. Lender sha11 estimate the amoun�of Funds due on the basis of current data.and reasanable estimates of expenditures of future Escrow Items or otherwise in accordance�vith Applicable Law. NEBRASKASirtgEe Family-Fannie MaelFreddie Mac UNIF�RM INSTRUMENT WlTH AIIERS � Form 3D28 1141 VMP� VMPBA(NE}(1342}.44 Wolters iClwver Fir�ancial Services Pag�5 of 1? qo3��s1z�44z o�3� 351 0�1�