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��14�S�1S B�RR�WER C�VENANTS tha�Borr�wer i.s lawfully se�sed of the estate hereby cax�veyed and has th�righ.t to graxlt and convey�he�rope�-ty ax�:d that the Praperty�s unencumbered, except for encumbrances of rec�rd. Borr�wer warrants ar�.d v�r��.defend generally the t�t1e t�the Property aga�nst all c�.a�ms and demands, subj ect to ariy encumbrance�af recar�I. THIS SE�URITY INSTRUMENT comb�.nes u�iform covenants for national.use and nan-uniform c�venants�v-i�h I.i��ed var�a.��ons by jurisd.ic�.on�a co�st�tute a unifarm secur�ty instruxnent covering rea�praperty. L�n�farm ��venants� Barrower and Le�.der covenax�t and agree as fo�.�ov�s: '�. Payment of Pr�ncipal, lnterest, Escro�r [terr�s, F�repayment �harg�s, a�d l.�fe �harges. Borrawer �ha�.�pay wh�n due�he prirzczpa�of, aald I�7.tere5t o�i, the deb�evidenced by the N�te and any prepayment �har�es and�ate charges due under the Note. 1�nrrower shall a�.so pay fu�.ds for Escr�w Itenas pursuant to Sectzon 3. Payments due ux�der�he N�te and�h�s Se�uri.ty Instrum�nt shal�be made in U.S. cuxrency. However, if ax�y cheek or other instrument received by Ler�der as payment ur�.der�he No�e or t.�is Securzty Instrument�s re�ed to Lender unpai.d, L�nder may requ�re�hat any or a1�subsequent�ayments due u�der �ie Nate and this Securit�y Instruinent be made�n one or more of the f�llawing fvrms, as se�ected by Lender: [a� cash; (b}money order; �c� cer��fied cheek, bank cheek, treasurer's check or cashier's eheck, prov�deci any such check�.s dravm upon an ins�itut�oz�whose deposits are�r�.sured by a fed�ral ag�ncy, instr�umenta��ty, or . entx�y; or�d�E1ec�ron.�c Funds Tran�fer. Payments are deem.ed rece�.ved by Lender�when received at the�oeation des�gna�ed.�n�he Note�r at such other�acat�on as may be de�ignated by Lender in accordar�ce tivzth the no�iee pr�v�.sions�n Sec��.an �,S. Lend�r may r��urn any payment or partia�.�a:ym�x�.t if�he pay�ment or partia�.payments are�nsuff cient to br�ng�he L�an.currex�.t. Lender may accept any payment or parti.al paymen�xnsuf�i.cient�o bring the Loan ct�ren�, w�thau�wa.�ver of any�..ghts hereunc�er or prejudice to its rig�its to refuse s�cl�p�:ym.ent or�part�.a1 payments i�.the future, but L�nder�s no�obl�gated to apply such payments at�ie��me such payments are accepted. If eac�i Fer��d�c Pay�m�nt is applied as of its scheduled due el.a.�e, th.en Lender neec��ot pa.y i�terest an unapp�ied fu.nds. Le�der may hoYd such uuapplied funds ur�.t��Borro�rer mal�es�aayments ta bring�he Loari cu:rrent. If Borrower does not do so�v�ith�a reas�nable per�ad of time, Lender shal.�e�ther apply suc�. funds or retur.rz�hem�o Borr�urer. If not app��ed earlier, such funds will be ap��ied:to the auts�ancl.irig pr�ncxpal ba�ance u�der the Nate�mmed.xately pr�.or to foreclosure. No offset ar c�a.im wh7.ch Bo�-rower migh� have r�ow or�r�.the future against Lender sha��relieve Borrower from ma.k�ng payments due under�h.e Nate and this Security Instrum�nt or perfn�g t�e cov�nants and agre�m�n�s secured by this Securrty I�zs-t�rt�ment. �. App[�c�tio� of Paym�n�s �r Proceeds. E�ce�t as other�vise descr�bed in�ii.s Sect�on 2, a��.payments accepted and applied by Lender shall l�e appl�ed ir�.�he fol�Qtiving order of prior�ty: [a�i�terest due under�he No�e; ��b}princ�.pal due uz�der the Note; �c� amaunts due un.der Sect�.an 3. Such payments sh�1 be app�ed.�o each Period��Payment in the order in�v-h�ch it became due. Any�-ema�rung;amaur�ts shall be applied f rst to Iate charges, s�cond t�ar�y other a:rn.ounts due under�his Securi�y Instrument, and th.en to reduce the princ�pa�.balance of the Note. If Lender receives a payn�ent from I3orrower f�r a deliriquent Periodic Payrn.en�which includes a suff�c�ent amaurit�o pay any�a�e charge due, the payment may be app�.i.ed to the del�nque�xt payment and�he late charge. If rn.are�han Qn�P�riod�c Pay�ent zs ou�standzng, Lend�r may app�.y anY�ayment re�eived from Borrawer to fhe repayment of the Period�.c Fayr�e�.ts if, an�ta the e�t�ra.t�ha�, each paym�nt caxl be pa�d�in fu1l. To the ex�ent�iat a;ny exces�exzsts after t�e paymer�t�s ap��ied�o�he full payme�.t af one or x�ore Perxodic]Payments, suc�i excess may be applied to an.y�ate charges due. Vo�un�a.ry prepayxnents sha�.��be a�pplied first ta�.ny pre�ay�er�t c�iarges anc��hen as descr�bed in�h�Note. 24�07�57 NEBRASKA-5i�g3e Family-Fannie M aelFreddie M ac L]N[F4RM 1NSTRUM ENT F�rm 3028 �1D� VM P� VM P6�NE}��3��} Wafters Kf�:rw er Finan�ia�5ervices Page 4 flf'E T