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��14����� <br /> BflRR�WER C�VENANTS that Borr�w�r is �awfully se�s�d of�he estate hereby canveyed and has the right ta <br /> grant and c�nvey�he Proper�y and that�he Property is unencumbered, except for encum�rances af record. <br /> B�rrow�r warrants and wil� def�nd gen�ral�y the title to the Proper�y agains�alI claims and demands, subjec�to <br /> a�y encumbrances�f r�cord. <br /> THIS S�CUR�T�INSTRUMENT comb�nes uniform c�v�nan�s for nationa�use and nnn-uniform cov�nants with <br /> �imited�ariatians by jurisd�cti�n ta c�nst��u�e a uniform securi�y �nstrument covering rea�prQper�y. <br /> Uniform Co�enants. Borr�wer and Lender ca�enax�t and agre�as fol��ws: <br /> "1. Payment �f Prin��pa�, �nterest, Escraw Item�, Prepayment Charges, and Late �har�es. Borraw�r <br /> shal�pay when due the prin��pa�af, and interest on, the deb�ewidenced by the N�te and any pr�paymen� <br /> charg�s and�a�e charges due under th�N�te. Borro�er sha�� a�sfl pay funds for Escrow I�ems pursuan�to <br /> Sect�an 3. Payrnents due under the NQ�e an�this�ecuri�y ��s�rument sha1� be made in U.S. currency. <br /> H�wev�r, if ar�y ch�ck or�ther instrurr�ent r�ce���d by Lend�r as pa�ment under�he Note flr th�s Secur��y <br /> �ns�rumen� xs re�urned�o Lend�r unpa�d, Lender may requir�that ar�y ar all su�sequent pa�rnl�nts due und�r <br /> the N�at�and th�s Secur�ty�nstrument be made in one or m�re of the following forms, as s��ecte�by Lender: <br /> �a}cash; �b} mone��rder; �C} certi�ed check, bank check, treasurer's ch���or cash��r's check, pravid�d any <br /> such check is drav�n upan an xns�ztu�ifln wh�se d�pos�ts are insured by a federal agency, in�trum�nta��ty, �r <br /> enti�y; or�d} Electron��Funds Transfer. � <br /> Paym�n�s are�eemed recei�ed by Lender when re�e�ved at the I��ation des�gnated �n the Note or at suc�. <br /> �ther�Qcat�on as may be designa��d by Lender in acc�rdanc�w�th th�no�ice praWisions zn 5ec�ion �5. <br /> Lender ma�r return any payment or par�ial paymen�if the paymen�or partial paymen�s are�nsuffici�n�t� <br /> bring the Loan�urren�. L�n�er may accept any payrnen�or partial payment insuf��ient t�bring �h�Laan <br /> current, without vvai�rer of any rights hereunder or prejudic�t� i�s rights to refuse such payment ar partza� <br /> payments in�he fu�ure, but Lender is n��o��zgated to app�y such payments at�he t�me su�h payments are <br /> ac��p�ed. ��each Periodic Payment is app�ied as of its schedu�ed due dar.�, t�?en I�r�der need nat pay interest <br /> fln unappli�d funds. Lender may ho�d such unapplied funds un�i� Btirrc�wer makes payrnents to bring the <br /> Loan curr�nt. If Barrower daes no�do s�w��hin a reasonable period o���me, Lender sha�� either app�y such <br /> � funds or return them to Bnrrower. If nat app�i�d.�ar��er, such funds will b�appli�d�o the ou�standing � <br /> principa�balan�e under�he No�e immediately priar ta forec��sur�. No offset or claim which B�rr�wer m�gh� <br /> have nov� or in the future aga�nst Lender sha11 reiiew�Borrower fro�n mak�z�g payment�due under th�N�te <br /> and th�s Se�urity �n�trum�nt or perfarmi.ng�he cavenants and agr�ements secured by�����ecuri�y <br /> �ns�rumen�. <br /> �. Applicat�on �f Payme�ts ar Prflceeds. Excep�as a�herwise descr�b�d�n�his Section 2, alI paymen�s <br /> accepted and app�ied by Lender sha���e appl�ed in���fo��awing order of pr��r�ty: �a} �rit�r��t due under the <br /> Note; �b}pr�ncipal due under��ie Nat�; tc} amounts due under Sectian 3. Such payrr�ents sha��be applied to <br /> �ach Per�odzc Payment in�he nrder in which i�became due. Any remaining amaunts shall be app�ied f�rs�to <br /> late�harges, sec�nd to any other am�unts du�under th�s Securzty �ns�rument, and�h�n�a reduce the <br /> principal balance�f�he Note. <br /> - ' �f Lender receives a paymtn� from Borro�ver fnr�d�linquen�Periodic Payment w�����r���udes a suffz�ient - � +� <br /> amoun��o pay any 1a�e charge due, th�paymen�may be appl��d��the de�inquent payrnent and th�late <br /> charge. �f m�re than one Peri�dic Payment�s outstanding, Lender may app�y any payrnen�received franl <br /> Borrawer_to�he repayment of�he Peri�dic Payments xf, and�o the ex�ent that, each payment can�e paid in <br /> ful�. To �he ex�ent�hat any�xc�ss exists af�er the pay�nent�s app��ed t�the ful�payment of ane or mor� <br /> Periadic Paymen�s, such excess m.ay be appl���i to a.�y�a�e charges du�. Vo�untary prepaymen�s sha��be <br /> app�ied first�� any prepayment charges ar�d then as described�n the Note. <br /> N�BRASKA-5ingle Family-Fanni�MaelFreddie Ma�UNIF�RM�NSTRUM�NT Form 3D2$11D� <br /> VMP[] VMPStN�y t'13��y <br /> Walters K�uwer Financial S�r�ices Page 4 af�7 <br />