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��14�755� <br /> Laan current,without wai�er of any rights hereunder ar prej udice to its rights ta refuse such payment�r <br /> partial payments in the future,but Lender is n�t obligated to apply such payments at the time such <br /> payments are accepted.If�ach Periodic Payment is applied as af its scheduled due date,then Lender <br /> need not pay�nterest on unappl�ed funds.Lender may hold such unapplied funds unt�l Borr��ver makes <br /> paymer�ts to bring the Loan current.If Borrower does nat do sa within a reasonable period af tim�,Lender <br /> shall either apply such funds ar return them to Borrower.If not applied earl�er,such funds vvi11 be applied <br /> to the outstanding�rincipal balance under the Nate imm�diately prior to foreclosure.Na offset�r claim <br /> wh�ch Borra�ver might ha�e now or in the future against Lender shall relie�e Borrower from making <br /> payments due under the Nate and this Security Instrument ar performing the covenants and agreements <br /> secured by this Securit�Instrument. <br /> �. Ap�lication of Payments or Proce�ds. Exce�t as othervv�se described in this Section 2,all <br /> payments accepted and applied by Lender shall be a�plied in the f�llowing order of priority: (a}interest <br /> due under the Note; �b]principal due under the N�te; �c}amounts due under Section 3. Such payments <br /> shall be applied to each Periodic Payment in the arder�n which it became due.Any remain�ng amounts <br /> shall be applied first t� late charges, second ta any ather amaunts due under this Security Instrument, <br /> and th�n to reduce the principal balance of the N�te. <br /> If Lender recei�es a paym�nt from Barrvvver f�r..a�eli.nqu.�nt F�ri�d��c Paym�nt which includes a sufficient <br /> amount to pay any late charge due,the payment may be applied to the delinquent payment and the late <br /> charge.If more than one Periodic Payment is outstanding,Lender may apply any payment rece�ved from <br /> Borrovver t�the repayment of the Periadic Payments if,and to the extent that,each payment can be paid <br /> in fu11. To the extent that any excess exists after the payment is a�plied t�the full payment of one ar <br /> more Periodic Payments, such excess may be app�ied to any late charges due. V��untary prepayments <br /> shall be applied first to any prepayment�harges and then as described in the Note. <br /> Any applicati�n of payments,insurance pr�ceeds,or Miscellane�us Proceeds to principal due under the <br /> Note shall not extend or postpon�the due date, ar change the am�unt,of the Periodic Payments. <br /> 3. Funds for Escrow items. Borrovver shall pay ta Lender on the day Per��dic Payments are due <br /> under the Note,until the Note is paid�n fu11,a sum(the"Funds"}to provide for payment of amounts due <br /> f�r: (a�taxes and assessments ar�d other items wh�ch can aitain pri�rity over this Security Instrument as <br /> a lien or encumbra.nce on the Pr�perty;(b}leaseh�ld payments or gr�und rents on the Property, if any; <br /> �c�premiums for any and al��nsurance re�uired by Lender under Sectian 5; and(d}Mortgage Insurance <br /> premiums, if any, or any sums payable by Borr�vver to Lender in lieu of the�ayment�f Mortgage <br /> Insurance premiums in accordance w�th the pro�isians of Section 1�. These items are called "Escr�vv <br /> Items."At arigination ar at any time during the term�f the Loan,Lender may require that Community <br /> Association Dues, Fees, and Assessments, if any,be escrovved by Barrower, and�uch dues, fees and <br /> assessments shal�be an Escrovv Item. Borr�vver shall promptly furnish to Lender al�notices of amaunts <br /> to be paid under th�s Sect��n.Barr�wer sha�l pay Lender the Funds for Escr�w Items unless Lender <br /> wai�es Borrower's obligation to pay the Funds for any or a��Escrovv Items.Lender may waive Borrower's <br /> obligation to pay to Lender Funds fvr any or a11 Escrow Items at any time.Any such waiver may�nly <br /> be in writing.In the e�ent of such wai�er,Borrower sha11 pay directly,when and where payable,the <br /> amounts due for any Escrow Items for which payment of Funds has been waived by Lender and,if Lender <br /> requires, shall furnish to Lender receipts evidencing such payment within such time period as Lender <br /> 1378285�09 <br /> NEBRASKA-Singfe Family-Fannie MaeJFreddie Mac UNiFaRM INSTRUMENT � r ��p� <br />� VMP� 2114 <br />� Wolters Kluwer Finar�cial Ser►�i�es ���4��2114.2.D.2944-J2D140429Y Initials: 4 0�17 <br />; <br /> *HLa13?8 85 '123* <br />