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��14��173 B4RRQ�V'ER�UVE�ANTS that Borrower is lawfu�i�r s�is�d�f the esta��hereb�canveyed and has �he r�ght t� grant an�can�e�r the Praperty and tha�the Prapert� is unen�umbered, ex��p�far en�umbrances�f rec�rd. Borrow�r warra.�ts and �i11 defend generall� the��tie to the Proper�y aga�ns�a�� c�aims and demands, sub�ect ta an�encumbrances af rec�rd. T��S S�CLJRITY INSTRUM�NT�omb�nes uniform co�enants for na��onal use and n�n-un�forna covenan�s v�ith �zm�t�d variat��ns by jur��di�tifln t� con�titute a unifarm secur�ty �nstru�ment co�ering rea�proper��. Un�form Covenants, Borrower and Lender c�venant and agree as fo�l�ws: 'l. Payment of Principal, Interest, Escraw �tems, Prepayment Charges, and Late Charges. B�rro��r shall pay when due�he pr�nc�pa� of, and int�r�st an, �he debt evidenced by the Note and any prepaym�nt charges and�ate charges due under the Note. Bflrrower shail also pay funds for Escrow Item.s pursuant�� Sec��on 3. Payments due under th�Nate and this Security Instrument sha��be made in U.S, currency. However, if any ch��k or o�her�nstrumen�received by Lender as paymen�under the Note�r this Security �ns�rum�nt zs returned�o Lender unpaid, Lender may r�quire tha�any or all �ubsequ�n�pa�ments due under �he No�e and this Securit�Ins�rument be made�n�ne�r more of the fn�iaw�ng forms, as�e�e��ed by L�nd�r: �a} cash; �b}money order; �c}cer�ified checl�, bank che�k, treasurer's ch�Ck or cashier's check, provided any suc�check is drawn upon an inst�tu��on whose deposi�s are �n.sur�d by a federal agency, instrumentalit�, �r entit�; �r�d� E�ec�ron�c Funds Transfer. Paxmen�s are deemed received by Lender wh�n r�cei�ed at the lnca��on des�gnated in the Note or at such �ther laca�ion as may be designated by L�nder in a�cordanc�with�he natice provisi�ns �n Sect�on �5. Lender may re�urn any paymen�or par�ia�paym�nt�f�he payment or par�ial payments are�nsuf�ic�en�to bring the Lnan curren�. L�nd�r may aGc�pt any payrnen�or par�ial pa�ment insuf�c�en��o bring the L�an �urrent, v�x�hou�wai�er of any rights her�under or prejudic�to its r�ghts tn refuse such paymen��r par�ial pa�men�s in�he future, but L�nder�s nn��bliga�ed t� apply such paymen�s at �he time such pa�ments are a�c�pted. If ea�h P�r�od�c Payment zs applied as�f its schedu�ed due da�e, then L�nder need n�t pay inter�s� on unappl�ed funds. L�nder nzay hald such unapp��ed funds unt�� Borrow�r mak�s pay�nents t�bring the L�an current. �f Barrower daes not do sa�vith�n a reas�nab�e periad of time, Lender shall either apply such funds ar re�urn them ta Borrower, If not app��ed earli�r, such funds w��be applied to the outstanding pr�ncipal balance under the N�te immed�a�e�y pri�r to f�re��osure. No affset ar claim whiCh Borrower might ha�re now or in the fu�ure against Lender shal� re��ve Borr�wer from making payments due under the Note and this S�curit� �ns�rumen�or perf�rming�he cavenants and agreements secured by th�s Securit� Instrument. �. App��cat�an af Payments ar Praceeds. Ex�ept as a�he�w�se d�s�ribed �n this Sec�ion 2, a�l payments accepted and app�ied by Lender sha��be appli�d in th�fo��ow�ng�rder of pri�ri�y: �a} �n�erest due un�l�r�he Note; tb}princ�pa� due under the No�e; �c} am�unts due under Sectian 3. Such paymen�s shall b�appii�d�o each Periodic Pa�rment in the�rder�n which it became due. Any remain�ng am�un�s shall b�applied f�rst to late charges, s��an�i��any oth�r amnun�s due under this Securi�y Instrument, and th�n ta reduce�h� principal balan��f�he�Io�e. If Lender reCe�v�s a payment from Borrawer for a delin�uent Periodic Payment vvh�ch �ncludes a suff�c�ent amount ta pa� any late charge due, �h�paym,ent ma�be app�ied ta the delinquent pa�men�and�h�la�� charge. �f more than�ne P�r�odxc Paym.en�is autstanding, Lender may app�y an�payment rec�zved from Borrow�r to the repaym�n��f th�P�riodic Pa�ments �f, and��the ex�en� that, �a�h payn�ent can be paid in fu�i. To th�ex�en�that any excess e�ists af�er the paynzen� �s applied�a the fu��payment of on�ar more Peri�diG Pa�rments, such exces�may be app��ed to any �ate charges due. V��untar�prepayments shail�e app��d�rst to any prepayment charges and then as des�ribed in the Nat�. N�BRASKA-Single�amily-Fannie MaeJFreddie Mac UN#�ORM fNSTRUMENT Fvr�3�28�1�� VMP� VMPfi�N�)4�3�Zf Wvlters Kluwer Financial Ser�ices Page 4 of�7