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��14��5�� which curr�ntly has �he address �f 4U71 Z�LA LANE �Street] GRAItID ISLAZV'I� , Nebraska 688U3 �"Property Address"}: [City] ��ip Cnde� T�GETHER WITH all the impro��ments n�w or hereafter er�cted on the proper�y, and al) �asem�n�s, appurtenances, and fix�ures now or hereafter a part of the proper�y. AI� replacemen�s and �dditions shall also be covered by this Security I ns�rumenf. All of the foregoing is referred �a in this Security Inst�ument as the"Property." BDRR�WER CC�VE�ANTS that Borrower is fawfuily seised of the estate he�e�y conveyed and has the right ta grant and cvnvey the Praperty and that the Property is unencumb�red, except fo� encumbrances of record. Borrower warran�s and will defend generally the title �o the Property against aIC claims an� demands, subjec�t� any encumbranc�s nf r�cvrd. THIS SE�URITY �NSTRUMENT combines uniform covenants for nati�r►al us� and n�n�unifo�m cvvenan�s wi#h limited variations by jurisdic�ion to constifute a uniform se�urity ins�rum�n� cavering rea� proper�y. UN I FC]RM C�VE�IANTS, Borrower and Lender covenant and agree as follows: 'I. Payrr�ent of Principa�, Intere�t, Escrow items, Pr�payment Charges, and Late Charges. 6�rrower shall pay when due the principal �f, and inte�est on, the deb� evidenced by the Not� and any �re�ayment charges and late charges due under �he Na�e. Borrower snall a�so pay funds for Escr�w l�ems pursuant to Secti�n 3, Payments due under the i�ote and this Security Instrument shal� be made in U.S. curren�y, However, if any check or other instrumen� recei�ed by Lender as paymen� under �he N��e or this Security Instrument is returr�ed �v Lend�r unpaid, Lender may requ�re that any o� a!I sub�equent payments due under the Note and this �ecuri�y lnstrumen� be made in ane or more of�h� f�liowing forms, as selected by Lender: �a} cash; �b} money arder; �c} cer�ified �heck, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an instituti�n whose depos��s are insured by a federal ag�ncy, instrumentality, ar en�ity; or�d} E��ctronic Funds Transfer. Payments are deemed recei�ed by Lender when received a� the facation designated in �he Note or at such other location as may be designated by Lender in accordanc� with the n�tice �rovis�ons in Secti�n �5. Lend�r may r�turn any payment or partial payment if the paymen� or partiai payments are insufficient fa bring the Loan current. Lender may accept any payment or partial payment insufficient to bring �he Loan �urrent, w��h�u� waiver of any rights hereunder or pre�ud�c� to its rights ta ��fuse such paymenf ar par�iaf payments in �he future, bu� Lende�- is no� obli�ated to apply such payments at the time such payments are acce��ed. If each Per�odic Payment �s applied as of i�s scheduled due dat�, then Lend�r need not pay interest �n unapplied funds. Lender may h�ld such unapplied funds until Barrower makes payment ta bring the Loan curren�. I� Borrower does n�� do so within a r�asona�le period of time, Lender shall either apply such funds or return �hem �o Borrower. if no� appl�ed earlier, such funds will be app�i�d �o the autstanding principal balance under the Note immedia�efy prior ta foreclflsure. No offset or claim which Borrawer migh� have now or �n the future agains� L�nder shal� r�lieve Bvrrower from making payments du� under th� Nnte and this Security lnstrument or perfarming the covenants and agreements secured by this Security Ins�rument. �. Application of Paymen�s or proceeds. Except as otherw�se described in �his 5ectian 2, all payments accepted and app�ied by Lender shall be a�pfied in the following Qrder of priority: �a} interest due under the Note; �b} princ�pal due under the Note; �c} amoun�s due und�r 5ection 3. Su�h �ayments shal� �e applied to each Periodic Payment in th� order in which i� became due. Any remainin� amounts sha[f be applied firs� �o late charges, second to any o�her am�unts due under �his Security Instrument, and then to r�duce the prin�ipal �aianc�of the Note. If Lender receives a paymen� from 8orrvwer for a delinquent Perindic Payment which �ncludes a sufficien� amount to pay any late �harge due; the payment may be applied �o tn� d�linquent �ayment and �he late charge. If mo�e than one Period�c Paym�nt �s outs�and�ng, Lend�r may apply any payment rece�v�d from Borrawer fio the repayment �f the Per�od�c Paymen�s �f, and to the �xtent tha�, each payment can be �aid in fu11, To the ex�ent that any excess exists after the paym�nt i� applied to the full paym�nt of one or more Pe�iodic Payments, such excess may be a�pli�d to any late charges due, Voluntary prepaym�n�s shall be appfied first fo any pre�aymenf charges and tnen as d�s�ri�ed in th� Note. Any applicafifln af payments, insurance proceeds, or Miscellaneous Proce�ds to pr'rncipal due und�r the Nvfe shaf! n�t extend or postpone the due da�e, or change the amount, of the Periadic Payments. �page 3 af 1�}