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��14�7443 Z. Applicativnof Payments or Proceeds.Except as otherw�se d�scribed in this Section�, a�l payments accepted and applied by Lender sha11 be applied in the following arder of priority: �a}interest due under the Nate;(b}principa�due und�r the Na�e; (c)amaunts due under Section 3. Such payments sha11 be applied to each Periodic P��m�nt in the order in which it became due.Any remain�ng amaunts sha11 be applied first ta ta�e cha.rges,second to any ot�er amounts due under this Security Instrument,and then to reduce the principal�aalance of the Note. If Lender receives a payment from Borrawer for a delinquent Periadic Payme�t v�rhich includes a sufficient amoun�to pay any late charge due,the payment may be applied ta the delinquent payment and the 1at� charge.If mor�than one Periodic Payment is outstanding,Lender may apply any payment recexved from Barrawer to t�e rep�.yment of the Periodic Pa�men�s if,and t�the ea�tent that, each pa�rm�nt can be paia�n fu11.To the extent that any excess exists a��r the paymen�is applied to the full payrnent of one or more Period�c Payments,such excess may be applied t�any late charges due.Voluntary prepayments sha�l be applied f�rst tQ an�prepayment chaxges and then as described in the Nate. Any applicat�on of payments, ir�surance proceeds,vr Miscellaneous Proceeds to principal due under the Note s�.a�1 not extend ar postpone the due dat�,ar c�.a�ge the amount,��`the Periad�c Pa�me�ts. 3. Fundsfvr Escrv�nr ltems.Borro�ver�ha11 pay to Lender an the day Periodic Payments are due under the Nate,unti�the Note is paid in fu11,a sum(th� "Funds"}to provide f�r payment of amounts due far: (a}t,axes and assessments and ather items which can attain priority a�er this Security Instrument a�a�ien ar encumbra.nce an the Praperty;�b}leasehold payments ar ground rents on the Praperty, �f any;�c]premiums for a�y and a��n�uran�e requir�d by Len�er und�r Sectian 5;and�d}Martgage Insurance prerniums, if any, or any sums payable by B�xrower to Lender in lieu of the payment of Mortgage Insurance premiums in accordaace with th�prav�sions of Seetion 1�. These items are called"Escro�Items."At arigination or at any time dur�ag the term of the Loan,Lender may requir�that Cammunity Association Dues,Fees,and Assessments, if any,be�scrowed by Borrower,and such due�� fees and assessm�nts sha11 be an Escrow Item, Borr�wer sha11 promptly furnish�to Lender a�l notices of amounts to be paid under this Section. Borrower sha11 pay�.ender the Funds for Escrow Items un�ess i,end�r waives�orrower'�ob�ig�.tian ta pay the Funds for any or all Escrow I�ems. Lender may wai�e�orrotiver's obligatian to pay to Lend�r Funds for any ar all Escro�v Items at any time.Any such waiver may only be in writi�g. In the event af such wai�er, Borrower shall pay directly,whe�and where payab�e,the amQunts due for any Escraw It�ms for whiGh payment of Funds has been waived by Lender and, if Lender requues, shal�fi�.rn�sh to Lender rec�ipts evidencing such payment within such time period as Lender ma�require. Borrovver's obligatian�to make such paymeats and to grov�de receipts shali for a11 purposes be deem�d to be a covenant and agreement contained in this Securit}�Instrument,as the phrase "covenant and agreement" is used in Sec�i�n 9.If Borrower is o�ligated to pay EsGrow Items directly,pursuan��Q a vvaiver,and Borrower fails to pay the amount due for an Escrow Item,Lender may exercise it�rights under Section 9 and pay such amount and Borr�wer sha11 then be abligated under Section 9 to repay to Lender any such amauat.Lender may revoke the�va��er as�Q any a�a��Escrow�tems at a�y tzme by a not�ce g��en�n accvrdan�e with SeGtion 15 andg upon such revocation,$orrav�er shall pay to Lender a11 Funds,and in such amounts,that are then required under this Section 3. Lender may,at any�ime,collect and h�1d Funds in an amoun�t�a}sufficient to perm�t Lender ta app�y the Funds at the time specified under RESPA,and(b}not to exceed the maximu�rn amount a len�er can require under RESPA.L�n�ier sha��estimate the amount�f Funds due on the basis�f�urrent dat�and reasvnab�e estimates of expenditures of future Escrow Items or otherwise in accardaace with Applicable Law. NEBRASKA��ngle Family-Fannie MaeJFreddi�Mac�NIFaRAII 1NSTRUMENT WITH MERS Farm 3428 1141 VMP� VMPBA�NE}[13U2).04 Wolters Kfuwer F(nanciaf Services Page 5 af f� q4333382471� UZ33 364 �517