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��14����3 <br /> B�RR�WER��]VENANTS�hat B�rr�wer�s �awfu��y s��sed of�he estate hereby con��yed and has�he right to <br /> gran.t and can�ey the Proper�y and that th�Pr�perty �s unencumbered, except for encumbran�es of recard. <br /> Borrawer warrants and w��� defend genera��y the t����t� the Pr�per�y agaxnst a�� cla�ms and demandsy SU���C��� <br /> any encumbrances Qf r�cord. <br /> TH�S ��CL.)RITY�NSTRUMENT c�mb�nes unzform coWenants for na��onai use and non-uniform c�venant�wi�h <br /> �im.it�d�ariations b�jurisdiction�o c�nstitut�a uniform securi�y instrum�ent co�er�ng real proper�y. <br /> Unifarm Cv�enants. Borrow�r and L�nder covenant and agr�e as f�llaws: <br /> �. Payment af Pr�nc�pal, Inter�st, Es�rnw �tenns, Prepayment �harg�s, and Late �harges. Borrower <br /> shail pay when due the pr�ncipal of, and interest an, �he debt evidenced by�he Nate and any prepayment <br /> charges and �ate charges due und�r the Note. Barr�wer shall a�so pa� funds for Escr�w Items pursuan�to <br /> Sec�ion 3. Paymen�s due under th� Note and�his Securi�y �ns�rument sha�l be made in U.S. curr�ncy. <br /> Hflwe�er, zf an�chec�or other�nstrument recei�ed by Lender as paymen�under�he Not�or�his Security <br /> �nstrum�nt is r�turned ta L�nder unpaid, Lender may require that any ar ail subsequen�pa�ments due und�r <br /> the N�t�a.nd�his �e�urity Instrument be made in one or mar�af the fallvwing forrns, as se��c�ed by L�nd�r: <br /> �a}cash; �b} maney order; �c}c�rti��d ch�ck, �ank check, treasurer's check�r cash�er's check, prov�ded any <br /> such�heck zs drawn upon an�nstztut��n v�hase d�posits ar��nsured�� a federa� ag�n�y, ins�rumenta���y, flr <br /> enti��; or�d} ��ectranic Funds Transfer. <br /> Payments are deemed re��i�ed by Lender wh�n recei�ed at the tocation designated in the Tla�e or at such <br /> other�ncatz�n as may be d�signated by Lend�r�n accordan�e wx�h�h�no�ice pro�vxs�ons �n Se�t�on �.5. <br /> Lender�nay return any paynaent nr part�a�pa�r�ment �f�he paym�nt�r par��a�payment�are insuf�cient to <br /> bring the Loan current. L�ender may accept an�paymen�or partial paym�nt in�ufficient�o bring the L�an <br /> current, withou�wai�er of any r�ghts hereund�r ar prejudice ta its righ�s to refu��such payment or part�al <br /> payment� in the future, but Lend�r is not obliga�ed to apply such paymen�s a��he time such paymen�s are <br /> acc�pted. �f each Periodic Payment is applied as of��s sch�duled du�da�e, then Lender need not pa�r�nterest <br /> �n unapp�zed funds. Lender rnay ho�d su�h unapp�ied funds un�i� B�rr�wer makes payments t� bring the <br /> L�an curr�nt. �f Borrow�r daes not d� so w��hin a reas�nab�e per�od of t�n�.e, Lender sha�l either apply such <br /> funds or return�hem ta Borrower. If not appl�ed earlier, such funds wi��be app�ied��the outstan�iing <br /> pr�ncipal balan�e under�he N�te immediately pri�r�o for�closure. No�ffs�t ar ciaim wh�ch Borr�wer mught <br /> haw�now�r�n the fu�ure aga�nst L�nder shal�re1�e��Borrnw�r from mak�ng payments due under�he Nat� <br /> and�his Secur�ty �ns�runlen�ar perfarm�ng the c�venants and agr�ements se�ured by�hi� Security <br /> �nstrument. <br /> �. Appl�catinn af Payments vr Proceeds. Ex�ept as othervv�s�described in�his Se���an 2, a�l payment� <br /> accep�ed and app�ie�.by Len�er shall be app�i�d�n the fo�low�ng order�f pr��rit�: �a} in��re��due under�he <br /> N�te; �b} przn��pa�due und�r the No��; �c} a�m�un�s due under Sect�an 3. Such paym.ents shall be app�ied�o <br /> each Periodic Paymen�in the arder in vvhich �t became du�. Any rem�a�ning a�mounts shall be appl�ed first�o <br /> late charges, second ta any ather amoun�s due under��ii� Security Instrument, and then to reduc�the <br /> prin�ipal balance of the Note. <br /> �f L�nder rece���s a paym�nt from Barrav�er for a�el�nquen� Per�odxc Fayment�h�ch zncludes a suff�cient <br /> amoun��o pay any lat�charge due, �he payment rnay be app�ied t��h�delinquen�paymen�and the late <br /> charge. �f more than ane Periadic Paym�n� is autstand�ng, Lender may apply any paym�nt recei�ed frnm <br /> Borrower to the repayment of the Periodic Paymen�s if, and�a the e�tent that, each paymen�can be pa�d�n <br /> ful�. To�he exten�tha�any excess ex�sts after the paym�n� is appl�ed to the ful�paymen��f one�r mare <br /> Period�c Payments, such excess ma�be app�ied to any �ate char�es due. Vo�untary prepayments sha�l be <br /> app�ied first t� an�prepayment charges and�hen as descr�bed �n the Note. <br /> NEBRASKA-Sing�e Famiiy-Fannie Mael��eddie Mac UNIFQRM fNSTF�UMENT Farm 3�28 110� <br /> VMP� VMPfi�NE}{�3p�} <br /> Wotters Kluwer Fi�ancia�5er�ices Pag�4 af 17 <br />