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��15��11 B�C3RR�WER��VENANTS that Borrower is lawfix�ly seised af the estate hereby cc�nveyed�d has the right to �' ant and convey the Property and that tbe Property i s une�ncum�erecl„ �xcept for�ncumbrances of record. Borrower warrants and will defend generally the tit��to the Property against a11 claims and dem�ds, subject tv any encumbrances of record. THIS SE�URITY INSTRUMENT combin�s uniform cove�ants for nativnal use and nvn-uniform covenants with limited variat�ons by jurisdiction to constitute a uniform security instrume�r►t Govering real prop�rty. U n if�m �a�enant�. Borrower and Lender cave�ant and agree as fall�ws: �. Pa ment of Princi�al, Inter+est, Escraw Items, Pre�aymen# Changes, and Late�harges, BorroweT y sha11 pay vvhe�n du�th�principal of, and interest on, the debt�v�ideneed by the Note and any prepayrnent charges ar�d late charges due uude�'the Nate. Bon'awer shall alsa pay funds fvr Escrow Ite�ms pursua�►t to S@ction 3. Payme�nts due uu�der the Note an.d this Security Instru�me�nt shal�be made in U.S. currency. Hvwever if an check or othe�r instrum�nt received by L�nder as payment under the Not�vr this Security � Y Instrument is returned to Lender unpaid, Lender may require that any�r all subsequ�nt payme�nts due under the Note and this Securi Instru.mea�t be mad�xn vne or more of the follovving forms, as selected�y Le�ndez': fiY a cash• mon �rder; (c]�ertif�ed check, bank check, treasurer's�hec�ar cashier's�heck, provided any � � � �) �Y in�rume�ntali or su�h check is drawn upon an in�stitutian wh�se deposits are ir�sured by a federal agency, tY� entity; ar(d}Ele�ct�'�nic Funds Tra]nsfer. Pa ents ar�dee�med received by Lender when recei�ed at the location designated in the�ote or at such Y� other locatian as ma be desi�nated by Lend�r in accordance with the notice pro�isians�n 5ection 15. Y Lerider ma rettu-n.an ayment or p�tial payme�nt if the payrnent or partial payments�re ir�sui�ii�ient ta � y� brin the Loan curre�nt. Len�1ei-may a�ept any payrnent or partiai payment insuf�"icient t�bring the Loan � e�n� withaut waiver of an ri ts hereunder or prejudice to its rights to refuse such payme�nt or partial curr , �' � . ts are a e�nts in the future, but Lender is not ob�igated to apply such payme�►ts at the txm�such payme�n . P Y� ted. If each Peri�dic Payment is a�plied as of its scheduled due date, the�n Le�nder need not pay 1nteTest accep n a lied fur�ds. L�nd�r may hold such w�applied funds uutil BorroweT mal�es�Sayments to bring the o un pp t. If Barrowe2'does n�t do so within a reasonable period of times Lender shall either apply such Loan►curre�n ds vr returs�th�m to Borrower. If not�ppiied ea�rlier, su�h funds will he applied t�the outstanding fun ' ' ce under the Note immediately prior to fareclosure. No ofFset vr claim which BarroweT might pnnclpal balan nvw or in the future a ainst L�nde�'shall relieve Borrower frarn making payments due under the Note ba�e g d this 5ecuri Instrument or pe�rforming the caver�ants and agre�ehme�nts secured by this Security an �Y Instrume�nt. A I icat i�n o�f P2� ments or s. Ex�ept a�atherwi se described in thi s Secti�n 2, all payments 2, pp ]1 a �ied b Lender shall be app�ied in the following arder of priority: (a}int�rest due ur�der the accepte�l au�d PP Y Such a ents sha11 be applied to Not�; �b)principal due under the Note; (c�am�ur�ts due und�r Sec��un 3. p Ym Ferivdic Pa ent in th�order in which it b�came due. A�y remaining amounts shail be a�plied firs�ta each ym har es second to av atber amvunts due under this 5ecurity Instrument, and the�to reduce the late c g , Y principa�balance of the�ote. er re�ceives a a ent fr�m Barrawer for a deliriquent Periodic Paym�nt w�hich includes a guffici�n� If Lend e1 p yrn ount to a an �ate ehar e due, t�e payment may be applied t�the delinque�nt payment and the late � PY Y � charge . If more than one Periadic Payment is autstanding, Lender may a�p1y�Y PaYme�nt re�ived fram v the r a ent af the Periadic Payments if, and to the extent that, each payment can be paid in Barr�v`rer t �p Ym full. T�the extent that any excess exists af�er the payme�nt is applied to the fu11 payme�t of on�or mare ' ' Pa e�ts such excess ma be applied ta any late charges due. Voluntary prepayrnents sh�all be Pe�nad1c ym , Y applied f rst to any prepayment charges and then as descril�ed in the Nate. z�oa3534s� o�aN� Farm 3028 11�1 NEBRASKA-5inele Family-Fannie MeelFreddie Mac UN1F�FtM INSTRIlMENT VMPB(NEy�13U�j VMP(r� Peee 4 of 17 WoFters Kluwer Financiet Ser►�icas