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��14�513� B�RR�W�R�4V�NANTS ��at Borrov�er is lau�fu�ly seised of�he estat�hereby c�nve�ed and has the right�� grant and Gon�ey the Prop�rty and�hat�he Property is unencumbered, except far encumbrances of record. Borrov�rer warran��and vvi�� defend gen�ral�y the title�o the Property against aI� c�a�ms and demands, subj��t to any encumbrances of record. TH�S SE�URITY INSTRUMENT combines uniform�o�enan�s f�r national use and non-uniform cavenants with limi�ed�ar�atians by�urisdiction��ns�itute a un�farm security instrum�nt c�v�ring real property. Uniform �v�enants. Borrower and Lender cov�nan�and a�ree as foliows: �. Payment vf Principal, �nterest, Escrow �tems, Prepaym�nt Charg�s, and Late Charges. Barr�wer sha�I pa�when due the principa� of, and inter�s�on, �h�d�bt evidenced b�the Note and any prepaym.en� charg�s and�ate charges du�under the N�te. Borrower sha11 also pay funds for Escrow ��ms pursuant ta Section 3. Payments due und�r the Not�and th�s Security �nstrument shall b�made in U.S. �urrency. �-3ow�ver, �f any�heck or other instrum�n�recei�ed�y Lender as payment under�he N��e�r�h�s Securi�y �ns�rum�ent is returned to Lender unpaid, Lender may require that any�r all subsequen�paymen�s due under �he Not�and this Securit� Ins�rument be made �n one or mor�of�h� foilowing forms, as selected by Lender; ��}�ash; �b} m�ney order; �c}cer�if�ed ch�ek, ban�che�k, treasurer"s check or�ashi�r's check, pro�ided any such check is drawn up�n an inst�tu�ion whose depas�ts are insured by a federa� agen�y, instrumenta��y, or en�ity; or�d} El�ctranic Funds Transf�r, Pa�ments are deemed recei�ed by Lender when recei�ved at th�loca�ion designated in the Not�or a�such o�h�r la�at�on a�n�ay be des�gnated by L�nder in accordance w��h the no�x�e�ro�isions in Section 15. Lender n�ay re�urn any payrx�en�ar par�ial payment �f the payrnent or par�ia�payments are insuff�c�ent�o bring the Loan current. L�nd�r may a�c�pt any paym�nt or partiai paymen�insuffi�ient to bring�he Loan current, without wai�er of any rights hereund�r or prejudi�e�o i�� rights �o refuse such payment ar par�ial paymen�s in the fu�ur�, but L�nder�s not o�ligated ta apply such paymen�s a��he�ime such pa�ments are accepted. �f each Periodzc Paymen� is ap��ied as of i�s scheduled due date, then Lender need nn�pay �nterest on unapp�ied funds. Lender ma� hoid su�h unapp�i�d funds un�i� Barrow�r makes pa�rments�o bring the Loan current. If B�rrawer does no�do so w�th�n a reasonable periad of time, Lender shal�e��h�r apply such funds or return then�to Borrawer, �f n�t app�ied�ari�er, su�h funds w�11 be applied t��h�outstanding przn��pa�balance under the N��e immediatel�prior�o f�rec�asure. N�affse�or c�a�m wh��h Barr�urer migh� have naw ar in�he future aga�nst Lender sha�i relie��Borrower from making payrnents due under�he Note and this S��uri�y Ins�rument or perform�n�the c��nants and agreem�nts secured by�h�s Security Instrum�n�. �. App[icat�on of Payments nr Pro�eeds. Except as otherw�se described in this Sect�on 2, all payments accep�ed and appli�d b� I.�nder shall be applied in�he follow�ng order of priorit�: �a} in�erest due under the Not�; �h} principal due under th�No�e; �C} amoun�s due und�r Sec�ian 3. Such pa�ments shall be appl��d to each Periodic Payn�zent in the order�n wh�ch z��ecame due. Any remaining amoun�s shall be appl�ed first to �a�e char��s, second to any a�her amounts due und�r this Secur�� ns�rum�n�, and�hen t�redu��the princ�pa�balanc�of th�Na��. �f Lender receives a payment from Borrov�rer for a de��nquent Periodic Pa�men�whiGh inciud�s a sufficient am.aun�to pay any la�e charge dues the pa�ment ma�r be applied t��he de��nqu�nt pa�rment and th�late charge. If m�re than ane Peri�di�Payment is outstanding, L�nd�r may appi�any pa�rm�n�recei�ed from Borr�w�r to�he repayment af the Per�odic Payments �f, and to the ex�ent�hat, ea�h payment�an be paid in fix��. T� �he exten�that any excess e�ists after the pa�ment is app�ied�o�he ful�pa�n�en�of one�r mnre Period�c Paymen�s, such excess may�e app�ied to any�ate charges due. Voluntar�prepayrnents shail be applied f�rs��o any prepaymen�charges and�hen as d�scribed in the N�te. N�6RA5KA-Single Farnity-Fannie Mael�reddie Mac UNI�ORM(NSTRUMENT Form 3028 1101 VMP Q VMPfi{NE}�i 3�2� Wa�ters Kluwe�Financial S�r�ices Page 4 vf�7