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<br /> until�orro�er makes payment to bring the Loan curren�. If Borro�ver does nat do so within a reasonable period of
<br /> �ime, Lender shall either apply such funds or return�hem t� Borrower. If no�app��ed earlier, such funds w�Il be
<br /> appl�ed to the outstanding principal balance under�he Note immed�a�ely pr�or�o forec�osure, No offse� �r claim
<br /> wh�ch Borr�w�r might have naw or in the future against Lender sha11 relieve Borrower from mal�ing payments due
<br /> under the Note and th�s Security Instrument or perforrning the co�enants and agreements secu.red by this Secur�ty
<br /> Instrument.
<br /> �. App�icatian �f Payment� or Proceeds. Except as otherwise d�scribed �n this S�ct�on 2, all paymen�s
<br /> accepted and applied by Lender shall be appl�ed in the fo��owing order af praarity: �a)interest due under the I�Iate;
<br /> �b�pr�ncipal due under the No�e; �c�am.ounts due under Section 3. Such pa�ments shal�be applied to each Periodi�
<br /> Payrnent in the order�n which�t be�ame due. Any remaining amoun�s sha�l be app�ied f�rs�to Tate charges, second
<br /> �o any other amounts due under thzs Securi�ty�nstrument, ax�d then to reduce�he principal balance of the Note. ,
<br /> �f Lender receives a payment from Borrower for a de�inquent Periodic Payment which inc�udes a suff�cient
<br /> amaunt��pay any late charge due, the payment may be app�ied t� the de�inquen�paymen�and the �ate charge. If
<br /> more than one Per�odic Payment is ou�standing, Lender may apply an�payment received from Borrower t� the
<br /> repayment of the Periodic Payrnen�s�f, and t�the�xtent that, each payx�n.en�can he pa�d in fu11. Ta �he extent that
<br /> any exc�ss ex�sts after the payment is applied�o the fulx payment of ane or more Periodic Payments, such excess may
<br /> be applied to any la�e charges due. Vo�untary prepayments shall be applied�rst to any prepayment charges and then
<br /> as described in the�Iote.
<br /> Any app���at��n of pa�rxnents, insurance pro�eeds, �r Misce�l.aneou�Proceeds to pr�ncipal due under the�Ta�e
<br /> sha11 nat extend or pastpane�he due d.ate, or change the amount, af the Periocli�Paym.en�s.
<br /> 3. Funds for Escrow Items. Barrower sha11 pay t�Lender on the day Periadic Paymen�s are due under the
<br /> No�e, un�il�he Note�s paid�n fu�1, a sum��he "Funds"} to pravide for payment of amounts due far: �a}taxes and
<br /> assessments and other items which can attain priorxty over this Security Instrurnent as a�ien�r encumbran�e on the
<br /> Property; �b� leasehaid payments or ground rents on the Property, if any; ���prem�ums for any and a11 insurance
<br /> required by Lender under Sec��ar�5;and�d}Martgage Insurar�ce premiums,if any, or any sums payable b�Borrower
<br /> to Lender in l�eu of�he payment af Mor�gage�nsurance premiums in accordance with the provisions af Sec�ian �4.
<br /> These items are called"Escrov�Items." A�ori.g�natian or at any�ime dur�ng the term of�he Loan, Lender may require
<br /> that Cornmunity Associatian L�ues,Fees,ar�d Ass�ssmen�s, if any,be escrowed by Borrower,and such dues,fees and
<br /> assessments shall be an Escrow Item. Barrower shall pramptly furnish to Lender alI not�ces of amounts to be paid
<br /> under �h�s Section. Borrawer shall pay Lender the Funds for Escrow Items unless Lender waives Borr��ver`s
<br /> �bligation to pay t�e Funds for any or all�scro�v I�ems. Lender may waive Borrower's obligatian ta pay to L,ender
<br /> F��nds for an��r a�l Escrow��ems at any time. Any such wai�er may only�e in writing. In the event of such waiver,
<br /> Borrower�hall pay directly, when and vvhere payable, �he amounts due for any Escrow Items for which payment of
<br /> Funds has been wa�ved by Lender and, zf Lend�r requires, shall furnish to Lender rece�pts e�idenc�ng such payrnen�
<br /> within such t�m��eriod as Lender may require. Barrotiver's o��igatian to make such payments and ta pravide r�ceip�s
<br /> sha11 for al1 purp�ses be deemed to be a covenant and agreemen�con�axned in this Securi�y Instrumen�, as the phrase
<br /> "covenan�and agreement" is u�ed in Section 9. If Borrower�s ab�igated ta pay Escrow I�ems d�rectly, pt�rsuant to
<br /> a wai�er, and Borrower fails�o pay�he amount due for an Escraw Item, Lender may exer�xse its r�ghts under 5e�ti�n
<br /> 9 and pay such amoun�and Borrower shall then be obl�gated under Sect�on 9 to repay to Lender any such amount.
<br /> Lender may re�oke the waiver as to any or all Escrow I�ems at any time by a natice given zn accordance with Sectian
<br /> I S and, up�n such revocation, Barrawer shall pay to Lender a11 Funds, and in such axn�unts, tha�are then required
<br /> under this Section 3.
<br /> Lender may, at any time, callect and hold Funds in an amoun�(a}suff c�ent to perm.it Lender�o app�y�he Funds
<br /> at the time spe�if�ed under RESPA, and�b�not to exceed the maximum arnount a lender can require under RESPA.
<br /> Lender sha11 est�mate the amount af Funds due on�he bas�s af current da.�a and reas�nable estima�es nf expenditures
<br /> of future Escrovv Items or�thervvise in accordance wi�h Applicable Lawo
<br /> Tlae Funds shall be held in an institu�ion whase deposits are�nsured by a federa�.agency, instrumentality, ar
<br /> entity �inc�uding Lender, if Lender is an ins�itution whose deposits are�❑ insured� or in any Federal Home Laan
<br /> Banl�. Lender sha�l app�y the Funds to pay the Escr�w Items no Iater tha�the�ime specified u.r�der RESPA. Lender
<br /> NEBRASKA--Single Fam��y--Fannie MaelFreddie Mac �NfFqRM 1NSTRUMENT ���M�g�c a
<br /> Farm 30Z8 11D'! Page 4 af 'i4 wv�wt c�acrrrac�ic.cam
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