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��14��573 <br /> BQRRC)WER C�VENANTS that Borrawer is lawfuily seised af the esta�e hereby con�eyed and has the right�a <br /> gran�and con�ey the Pr�perty and that the Prop�rty is unencumbered, except for encumbrances of record. <br /> Bflrro�ver warran�s and vwi�l defend g�nerally th�t�tle to the Praper�y against all claims and demands, subjec�to <br /> any encumbrances af rec�rd. <br /> THIS SECURITY INSTRUM�NT c�mb�nes un�form covenants for nat��nal us�and n�n�unifflrm cov�nan�s�i�h <br /> limi�ed variations b�jur�sdiction ta cQnst�tute a unif�rm�ecur�ty ins�rument cn�er�ng rea�praper�y. <br /> Unifvrm ��v�nants. Barrower and Lender c��enan�and agr�e as fa��ows: <br /> 7. Payment of Principa�, �nterest, Esc�ow Items, Prepayment �harges, and Late Charges. Borr�wer <br /> shall pay when du�the principal of, and �nterest on, the deb�e�idenCed by the No�e and any prepa�ment <br /> charges and�ate�harges due under th�N�te. Borrov�er shall a�so pay funds for Escr�w ��ems pursuant to <br /> Secti�n 3. Payments due und�r the No�e and this�ecurity Ins�rument shall b�made in IJ.S. �urrency. <br /> However, if any chec��r�ther�nstrun�ent re�ei�ed by L�nder a�paymen�under th�N�t��r�his Secur��y <br /> Instrumen� is returned to Lender unpaid, Lender n�ay requ�re�hat any�r a�� sub�equent payn�ents due under <br /> the Note and this SeCur�ty Ins�rument be made in ane or more af the following forms, as selected by Lender: <br /> �a}cash; �b}m�ney nrder; �c� cer���e�check, bank Check, treasurer's che�k or cashier's check, provid�d any <br /> such chec�is drawn upon an inst�tutzan whose deposits are �nsur�d by a federal a�ency, instrumentality, or <br /> �n��ty; or�d} Ei�c�roni�Funds Trar�sfer. <br /> Paymen�s are deemed rece�ved hy Lender when received at the location designated in the N�te ar a� such <br /> ��her�ocation as may ae des�gna�ed�y Lender�n accordance with the notiGe provisions in Sectian �5. <br /> I�nder may r��urn any payment ar par�ia.�. paym�.en��f the paymen�ar par�ia�payn-�ents are �nsuff�c�ent t� <br /> �ring�he Loa.n�urrer�t. Lender rnay accept any pa�rment or par��a�paymen� insuff�ci�nt ta br�ng�he Loan <br /> current, wzthou��va�ver af any rights hereunder ar pr��judi�e�o its rights�a refuse such paymen��r par�iai <br /> payments �n the future, but L�nder zs no�ob�zgated t� app�y such payments a��h�t�me such pa�ments are <br /> accepted. If each Periodic Payment�s appl�ed as af�ts schedu�ed du�da�e, �hen Lender n���no�pay �nteres� <br /> �n unappl��d funds. Lender ma�ho�d,�uch unappl�ed funds un�il Borrov�er makes payments to bring the <br /> Loan current. If Borrower does n�t do so w�thin a reasnnab�e period af time, Lender sha�l ei�her apply such <br /> funds or re�urn�hem to Borrower. �f n��appli�d eariier, such funds wi��be applied to�he auts�anding <br /> principal ba�ance under�he No�e�m.medxate�y prinr��fore�Iosure. No offse�or claim v�hi�h Borrower might <br /> have now or in the fu�ure aga�nst Lender shall re�ie�e Borrower from making paym�nts due under�he NQte <br /> and th�s Securi�y Ins�rumen�or p�rf�rming th�co��nants and agr�ements secur�d b�r this Security <br /> �nstrument. <br /> Z. App�ication of Payments vr Proceeds. Except as nthervvise descrihed in th�s Secti�n 2, a��paymen�s <br /> accept�d and applie�i by Lender sha��be app�ie��n�he fo��awing order of prior�ty: �a} �nterest due under�he <br /> Note; ��}princ�pal�ue undtr th�No�e; �c} am�unts du�und�r Section 3. Such payments shal� be applie�i�o <br /> each Perifldic Paym�n��n the order in wh�ch�t b�cam�due. Any remaining amounts shall be applied first to <br /> late charges, second�o any ather amaunts due under th�s S�curity �ns�rumen�, and then��redu�e the <br /> principal balance of�he No�e. <br /> �f Lender rece�ves a payment fram Barrower for a delinqu�nt Periodic Pa�men�wh�ch inc�udes a suf�cier�t <br /> amoun��o pay any �a�e charge du�, �he payment may b�appli�d t�the de�inqu�n�pa�ment and the late <br /> charge. If mare than on�Periodxc Payment is aut�tandzng, Lend�r may app�y any paym�n�re�e��ed from <br /> Barrov�er�o�he repayment af th�Periadic Payments �f, and to�he�xtent tha�, each paymen�can h�paid in <br /> fu��. To�he extent tha�any�xcess exis�s after the paymen�is applied to the full paymen�of ane ar more <br /> P�riQ�ic Payn�ents, such excess may�e applied to any late charges due. V�luntar�prepaymen�s shall be <br /> appiie� �rst ta any prepayment charges and then as d�scri�ed in the Note. <br /> N�BRASKA-5ingl�Family-Fannie MaelFredr�ie Mac UNi�DRM INSTRUM�NT Fvrm 3a28 11D7 <br /> VMP Q VMPfitNE�t13D2y <br /> Vllolters Kluwer F€�ancial 5er�ices Page 4 of 17 <br />