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��14�7�74 �. Applicat�onaf Payments ar Proce+eds.Except as o�herw�se descr�bed in this Section 2, all paym�n�s accepted and app�ied by Lender sha11 be app�ied in the folla�ving order of priority: (a}interest due under the Note; �b}principal due under the Note; �c)amounts due under Section 3. Such payments shall be applied ta each Periodic Payment in the arder Yn which it became due. Any remaining amounts sha�l be applied firs�to lat�charges,secflnd to an��t�.er am�unts du�ur�der t��s Security Instru.rr��t,a�d the�.to recl��e the principa�balance of the Note. If Lender receives a payment from Barrower for a de�inquent Per�odic Payment�vh�ch inc�udes a sufficient amount ta pay an�r late charge due,the payment ma�be applied t�the delinquent payment and the late �har�e. If more than one Periodic Paymen�is outstand�ng, Lender m�y app�y any paymerit recei�ed from Borrower to the r�pa�ment of the Period�c Payments if,and to the extent that,each pa�m�n�can be paid in full. To�he extent that any excess exists after the payment�s app��ed to the full payment of one ar more Perio��c Payments, such excess may be applied to an�r late�harges due.Voluntary prepa�ments shail be applied �rst to any prepayment charges and then as described in the�Tote. Any ap�lication of payments, insurance pro�eeds, or Mi�cell�neous Proceeds ta principal�ue und�r the Note sha�l nat extend or postpone the due date,or change the amau�.t,of the Per�odic Payrn�nts. 3. Fun�l�for Eserow I�ems.��rro�er shall pay to Lender on the day Per��dic Payments are due under the Nate,unt�l the Note is paid in fu11,a sum�the "Funds"}to provide for payment of amoun�s due far: �a}taxes and assessmen�s and ather items�vhich can attain priority o�er thYs Security Instrument as a lien ar encumbrance on the Propert�; (b) leasehold payme�ts or ground rents on the Froperty, if any; (c}premium� for any and al� insurance required by Lender under Section S;and�d}Mortgag;e�nsurance premiums, if an�, or a.ny sums payable by Borrower to Lender in�ieu of the pa�ment of Mortgage�nsurance premiums in accordance�vith the prov�sians af Section ��.These items are cailed"Escraw�tems."At originatian or a� any time during the term of the Loan,Lender may require that Commun�ty Asso��ation Dues,Fees,and Assessments, if any,be escrowed by�orra�rer,and such dues, fees and assessments shall be an Escraw ��ern. B�rrawer shal�promp��y furnish ta Le�der all n��ices of arriounts�o be paid under this Sec�ion. Borr�wer sha11 pay Lender the Funds far Escrow Items unless Lend�r waives�orrower's al��iga�tion to pay the Funds for any�r all Escro�I�ems. Lender may waive$a�rrower`s ob�igation ta pay to Lender Funds for any or all Escrow I�ems at any time.Any such wai�er may only b�in writing. In the even�af such�vaiver, Borrower shall pay direct�y,vvhen and where payable,the an�ounts due for any Escrov�I��rns f�r which paymen�of Funds has been�rai�ed by Lender and, �f Lender requires, shall furnish to Lender rece�pts evidencing such pa�men�w�thin such time period as Lender may require. Borrotiver's ob�i�ation t�make suc'h payme�.�s and to provide receip�.s sha11 for a�l purposes be deemed to be a covenan�and agreem�n� contained in this Security Instrument, as the phrase "cov�nant an�l agreement" is used in Sectio�.9. If Borrovver�s abligated to pay Escrovv It�ms�irectl�,pursuan�to a wai�er,and Barrower f�.ils�o pay the amount due far an Escrow Item, Lender may exercise�ts rights under SeGtion 9 and pay such am�unt an�l Borrovver shal��he�.be obligated under Section 9 to repay to Lender an�such amoun�. Lender may revol�e the��a��er as to any or all Es�ra�Items at an��irn�by a notice gi�en in accordance�t,vith Section I5 and, ugon such revoca�ion?$orrotuer s�ial�pay to Lender all Funds,and in such amou�ts,that are then required under this Section 3. L�nder may� at any t�me,c�llect an�hold Funds in an amount(a}suf#icient to permit Lender to apply the Funds at the time speeified under RESPA,ar�d(�)not�o exceed the maximum amount a le�der can require under RE�PA. Lender shal� estimate the amount of Funds due an the basis of�urrent data.and reasonab�e estimates�of expenditures af future Escr��v Items�r o�herwise in accordanc��ith Applicable La�, ---,, NEBRASKA-Single Family-Fanr�ie MaelFreddie Mac LINIFORM iNSTFiUMENT WITH MERS -- �� Farm 3U28 11U1 VMP� VMPfiA([VE)(13�2}.p4 Vlfolters Ffluwer Financial Services Page 5 of 17 q03333772839 ��33 24Q OS17