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, , , , � < < ; ��14�54�� . 2. App�icationof Payments or Prace�ds.Ex�ept as otherwise descr�hed in th�s Sec�ion 2, aIl payments accep�ed and app�ied by Lender sha1�be applied in the follo�ving order of priority: �a}ir�terest du�under the Note; �}princ�pa�due under the Note; (c}amounts due under Sec�ion 3. Such pa�ments sha��be applied to each Perio�.ic Payment�n the�rder in vvh�ch it became due. Any remaining amounts sha��be appl�ed f�rs�to late charge�, secand to any other amounts due under this Security Instrument,and then�o reduce the principal�alan�e of the Note. If Lender recei�es a payment from B�rrow�r for a de��nquent Periodi�Payment which includes a suffi�ient am.vunt to pay any late charge due,the�ayment ma.y be applied�o the de��nquent payment an��he late chaxge. If more than one Periodic Payment is�utstanding, Lender may appl�any payment received from B�rrvwer ta t�ie repa�merit of the Periodic Payments�f, and ta�he extent that,each payment can be paid in fu1�. To the extent tha.t any excess exists after the pa�ment is app��ed to�he full payment of�ne or more Periodic Payments, such excess may be app�ied tv an� �ate cha.rges due. Voluntary prepayments sha11 he applied firs�to any pre�ayment charges and then as described in the Note. Any appli�ation flf paymen�s, insuranc��ro�eeds, or Miscellaneous Proceeds ta principal due under the Note shall not ex�end or post�one the due da�e, or change�he amount, of the Periodic Pa�ments. 3. Fundsfor Escrow Items.�orrower sha11 pay to Lender on the day Peria�ic Payments are due under the Nvte,until the Note is pa.id in fu11, a sum�the "Funds"�tn pra�ide for paymex�t of amau.x�ts due for: �a}ta.��s and assessments and�ther items�vhich can attain priority o�er�h�is Secu�ity Instrument as a lien❑r encumbrance�n the Property; [b} leasehold payments or ground ren�s on the Pro�erty, if any; �c}premiums f�r any and a11 insurance required by Lender under Sec��on S; and(d}Mor�gage �nsurance premiums, �f any, or any sums paya�ale by Borrower to Lender in l�eu vf the payment of Mortgage Insurance prerruums�n accordance v�ith the pravisions nf Secti�n 10. These �tems are cal�ed"Escrow Items." A�ori�a�.�ion or at any time during th�term of the Loan, Lender ma.y requ�re that�ammuruty Assoc�ation Dues, Fees, and Assessments, if any,be escro�ed by Borro�er, and such dues,fees and assessments sha.11 be an Escr�w Item. Borrower sha11 promptl�furnish ta Lender ai�notices of amounts to be paid under this Sect�on. Borr�wer sha11 pay Len�ler the Funds for Escrow Items un�ess Lender wa�ves Borro�ver's�bl�gation to pay the Funds for any vr a11 Escrow Items. Lender may waive Borrower's ob��gation�t�pay to Lender Funds f�r any or a�l Escrow�tems at any t�me. Any such vvaiver may only be�n�vri�ing. In the e�ent of such wa��er, Borrower sha11 pa�directly,�hen and where payab�e, the arrioun�s due fvr any Escrv�Items for tivh�ch pa�ment of Funds has�een�ai�ed�y Lender and, if Lender requires, shai�furnish to Lender receipts evidenc�ng such paymen�within su�h�ime period as Lender may require. Borrower's obligation to make such payments an�l tv provxde receipts sha11 for all pur�oses be�eem�d to be a covenan�and agreement eQntair�ed in this Security Instnxment,as�he phra.se "cvven�a.nt and agreement" �s used in Sect�on 9. If Borrower is abliga�ed ta pay Escrow Iterns�lirect�y,pursuant to a wai�er, and�orrower fai�s to pay�he amvunt due for an Escrow Item, Lender may exercise its rights under Sect�vn 9 and pay such a.mount and Barrower sha�I then�e abi�gated under Se�tron 9 to repay�v Len�er any such amount. Lender may revake the waiver as to any or a11 Escro�v I�ems at any t�me by a notice given in accord.a.nce with Sectian �5 and, u�on such revocat�an,Barro�ver sha11 pay ta Lend�r a1�Funds, and in such amounts,tha�are then requxred j under th�s SectXon 3. Lender may, at any time, collect and hold Funds in an axnount(a� sufficient tv permit Lender to app��the Funds at th�time spec��ed un�er RESPA, ant��b}not to exceed the maximum amvunt a lender can requi�re under RESPA. Lender shal�estima�e the amount of Funds�ue an the basis of current data.and reasonable estimates of expenc�itures of future Escrow Items❑r othe�ise in accord.ance�vith Applicab�e Lavv. 'i Q6ANE OOflfi28802472 July 9,20'I4 09 53am NEBRRSKA-Single FamEEy-Fannie MaelFreddEe Mac�NIF�RM INSTRUMENT IMTH MERS Form 3��8 1I0'I VMP� VA�P6A{iVE��1302}OQ Wolters Kluwer F�nancia�Ser�ices Page 5 of 97 .