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��14�7��3 B�RR��IIEJE�C�VENANTS that Ba�rr�wer is Ia�vfully seised of the esta�te h�reby canveyed and has the rzght�o grar�t a:�d canvey the Propex�ty and�hat t�e Property�s unencumbered, e�cept for encumbrances of r�cord. BorrQw�r warra�ts and will defend gen.erally the t�t�e to th.e Property agaa.ra.st all c�.a.�.�s and demaands, subject�a any encumbrar�ces of record. THIS SECURITY INSTRUMENT comb�e�un�form�ovex�ants for nat�onal use and r�or�u.n7:form cavenants v�r��h Iimi�ed var�a�:on.s by jur�sc�ct�on to constztute a ur�iform security i�nstrt-rment covering rea�.property.. �J niform �o�rena�ts. B�rr�-�rer ax�d Lender c�vena�t and agree a�follovvs: '�. Paymea�i� �f Princ��aI, �nterest, Escr�w [tems, Prepayment Charges, and L�t� �har�ges. Barrower sha.��ay when due�he princxpal.of, and in�erest on, the c�e�t evidenced by the Note and ar�y prepaymen� charges and�ate charges due ur�.der the Note. �orrov�rer sha��also pay funds for�scraw Itexn.s pursuant to Sec��o�.3. Payments due under�he Note and this Secur�ty Instrumer��shall be made�n�LT.S_ currency. However, if any�heck or other�nstrur�e�t received by Le�d�r as paymen�unde�-�he No�e or�s Secur�.ty Instrument�.s re�urned t�Lender unpa�d, Lender may requ.ire�hat any or all subsequen�payments due un�.er the Nate and this Security Ira.�i�.unent be made in on�ar more of�he fo��ov�i.n.g forms, as se�ected by L�nder: �a} cash; �b}mo�:ey arder; �c} cert�f ed check; ban�che�k, treasurer's ch.eck or cashi�r'�chec�, prav�.d�d any such check zs dravvn.upon a:n�nstitutio�.whose deposits are zn�ured by a fed�ra�agency, iu.s�rumenta�ity, or entity; �r�d�El.ectr�nic Funds Transfer. Payments are c�eeme�.r�ce�.ved by]Lender when received at the I.acation de�ig.�.a�ed Yn the N�te or at such other��c�.ti�n as may b�designated by Lend.er in accordance with the noti.ce provisions i..r�.Sec�on 1 S. ]Lender may return any payment or partia.�payment if the payment or par�ia�pay�ments are ir�suf�cien��o bring the Loan current. Lender may acc�pt any paymen�ar pa.rtial paym:e�.t�nsufficien�ta bri�g the Loan current, ,wzthout wazver af any rights hereura.der or prej udice tfl its r�ghts to refuse such paymen�or part�.a1 payxazents in the future; but Lend.er is not abl�gated t�apply such payments at the time such pa.yments are accepted. If each Periodic Pa�m�nt is app�%ed as�f i#s schedu�ed due da�e, �..en Lender need not pay iriterest on unapplied fu�xds. Lender may hoJ,d such unapplied fiu�.d�unti�Borro�rer makes payments�o bri-�g�he Loan�urren�. If Borrovrer does not da sa w��liin a reasanable�ex-�i�d of time, Lender sha1�.ex�her app�y such �unds or return them ta Borrower. If not applied ear��.er, su�h funds vvx].I be app�.zed�o the outs�and.�ng principal balance ur�der�he Note�med.iately prior�o forecl�sure. No offse�or cla.�m vsrhich Borrower migbt have r�ow�r i-�.�he f�a:ture again.st�e�.der shall re�ieve Bflrrflwer from mak�ng payments due under the Note and this Securzty Ins�rument ar perfo�mi�.1g�he covenants axa.d agreements secured by�h�.s Security Instrumen�. �. Ap�aI`rcation �f Pa�ments ar Praceed�. Except as otherw�se descr�.be�.in this Sectzon 2, a1�payments ac�epted and appl�ed by Lender sha�.I.be applied in the fo��owulg order of priority: �a}in�eres�due under the Nate, �b�przncipal due under the No�e; �c�anl�unts due ux�der Sectian 3. Such payments sha1�be applied to ea�h P erxodic P ayment in�he order i�.which it�ec�.me d:ue. Any rema�.rung amoun�s sha11 be app��.ed first to Iate charges, secand�o any o�.her amour��s due under this Secur�.ty Instrr.ur�en.t, and�ien to redu�e the �pri.n.c�pa.�ba.�arice of the Note. If L�nder reCe�ves a pay�ent from Borrawer for�de�.i�a.quent Per�odic Payment wh.�.ch�r�c�uc�es a suff�c�ent amou�t tQ p�:y an�1.ate charge due, �he�ayment xna�r be app��ed�o the delinquen.t payment and th:e�ate charge. If more than or�e Periodi.c Payment is outstand�:ng, Lender may app�y a:ny payment received fram Forrower ta the repay�nent Qf�he Per�ae�iG Paymen�s i:f; and to the exte�xt that, eac�payment can be pai.d in full. To�he e�tent that any excess exists after the paymer�t xs app��ed to the fu].�.payment of ox�.e or mare P erzodic P aymen�s, such exces s may b e app��ed.to any Iate char�es due. Vo]:un�ary�rep aymen�s sha�I b e applied�rst�o a�y prepayme�.t charges and then as descr�bed�n the Note. 24aa7392 NEBRASKA-5ir�gfe Family-Fannie M aeTFreddie M ac�NIFORM 1NSTRLf1V!ENT Farm 3�28�IG� VM P g VM P�i�NE}��30�} WolterS Kluw er Financial Services Page 4 of'#7