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��14�75�3 B�RRC3�VER C�VENANTS�ha�Barrower�s Iaw�u��y se�sed�f the estate hereby con��yed and has the r��ht ta grant and convey the Proper��r and that the P�roperty �s unencumbered, except for�ncumbran�es of r�cord. Borrower warran�s and wi1� defend gen�ra�� the t��e to the Praper�y against all cla�rns and d�mands, subject t� an�encum�rances of record. TH�S SECURITY�NSTRUMENT combines uniform ca�enants for nationa�u��and nan-uniform covenants with ��m�ted varia�ions by jurisdic�ion�a c�nstitute a uniform�ecurity instrument covering real property. Uniform ��enants. Borr��ver and Lender co�enant and agre�as fallows: �. Payment of Principal, Interest, Escrow �tems, Prepayment Cnarges, and Late Charges. Barr�wer sha�I pa�r when due the pr�ncipal of, and in�erest on, �he debt e�idenced by th�No��an�i any pr�payment �harges and late charges du�under th� No�e. B�rrower shall alsa pa�fund� f�r�scrow �tems pursuant t� Sect��n 3. Paym�nts du�under th� Not�and�h�� Security �ns�rumen�shall be made in U.S. currency. Howe�er, zf any check�r o�her�nstrument r�c��v�d by Lender as payment under the Note or this Security �nstrum.ent is return�d to L�nder unpaid, Lender may require tha�any or all subsequent paymen�s due und�r the Note and this Securi�y Ins�rument be made in ane or more of the follaw�ng forms, as sel��ted by Lender: �a}cash; (b� mon�y order; �c} certif�ed check, bank check, treasurer's ch�ck ar cash�er's check, pro��ded an� such ch�ck is drawn up�n an institutian�hose depnsi�s are �nsured�y a fe��ral ag�ncy, instrum�.enta��y, or en�ity; �r�d} ElectroniC Funds Transfer. Payrr�ents are deem.ed re�e��ed by Lender�vhen rec�i�ed at the location designat�d in the Not�or at such other location as may be designated by Lend�r in accordance with the na�ice prav�s�ans �n Sect�on �5. Lender may return any payment or part�al pa�men�if the payment�r partza�paym.en�s are�nsuf��c�en��o bring th�Loan current. Lender may accep�any pa�ment or partial pay�nent insuf�ci�n�to bring the Loan current, w��hout v�aiver of any r�gh�s hereunder or prejudice ta �ts r�ghts to r�fuse such paymen�or partial paym�nts zn the future, bu� Lender�s no��b��gated to apply such payments at th�t�me such payments are accept�d. �f each P�riodic Paym�nt is app�ied as of it�schedul�d du��at�, then Lender need na�pay�nterest on unapplied funds. Lender ma�hold su�h unappli�t�funds until Barrawer makes payments t�br�ng the Loan�urren�. If Borr�wer does n�t do sa wzthin a r�as�nabXe per�od�f t�me, Lender shall e�t�er apply such funds or return them��Borrower. �f not applied ear��er, such funds will be applied to the outstanding prxnczpa�ba�ance under�h�Na�e immed�ate�y pr�or t�foreclosure. No offset or claim which Borra�er migh� ha�e n�w or in th�future against Lender shall relie�e Borrawer from making paym�nts due under�he Note and th�s Secur�ty �ns�rument or performing the c��enan�s and agre�ments secured by�h�s 5ecur�ty Instrument. �. Applicat�an of Payments ar Prvc�eds. �x�ept as a�herwise described in this Sec�ion�, a11 payrnents accepted and appli�d�y L�nder�hall be appl�ed in the f��owing arder�f pr�ority: �a} interest due under�he Note; �b}prin�ipa� due under�he N�te; �c} amaunts due under Section 3. Such payments shall be applied�o �ach Feriodic Payment in the�rder�n which it became due. Any remaining amnunts sha1�be applied firs�to la�e charges, second to any other amaunts due under th�s Securi�y Instrument, and th�n to reduce the principal balanee of the Note. �f Lender rece��es a pa�rmen�fram B�rrower for a delin�uen� Periodic Paym�nt which includ�s a sufficient amount tfl pay any late charge due, the payment ma�be applied�a the delinquent payment and the Iate charge. If mare�han one Periodic Paymen� is au�standing, Lender may app�y any payment rece�ved fram Borr�wer to the repayment of the Periodic Payments �f, and ta the ex�en��hat, each pay�r�.ent can�e pa�d in ful�. To the extent that any e�cess exis�s after the paymen� �s app��ed�o the ful�paymen�of ane or m�r� Per�od�c Paymen�s, such excess may be app��ed�o any late c�arges due. `lo�untary prepayments shall be app��ed�rs��a any prepayment charges and�hen as described in the No�e. NEBRASKA-Singfe Family-Fannie Mael�reddie Mac L3NfFQRM INSTRUMENT �Qrm 3q28�t41 VMP� VMP84NE�{�3D2y Wo�t�rs K�uwer Finan�ial 5er�ices Pag�4❑f 17