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��15�15�3 <br /> B�RR�V►�ER��VENANTS that Barrawer is �awful�y se��ed af th��stat�h�r�by canv�yed and has th�r�gh��o <br /> grant and convey�he Property and �hat�he Pr�perty �s un�ncumbered, �xcep�fnr�ncumbrances of record. <br /> Borrow�r�arrants and will defend generally the t�tl�to th�Proper�y again�t all�laims and demands, sub��c�to <br /> any�ncumbrances �f r�cord. <br /> THIS SE�UR�TY �NSTRtJMENT combines un�farm covenants �or na��ona1 use and non-uniform covenants wi�h <br /> limited�ariatians by�ur�sd�ct�on to�flnstitute a uniform securit� ins�rument�over�ng real property. <br /> Un�form CoWenants. Borrower and Lender ca�enant and agree as follaws: <br /> 7. Payment of Princ�pal, I nterest, Escrow �t�ms, Prepaym�nt Charges, and Late Charges. Borrower <br /> shall pay v�hen due the principa�of, and interest on, the deb�e�id�nced by�he Note and any prepaym�ent <br /> charges and late charges due und�r�he N�te. Borrawer shali als�pay funds for Escr�v� ��ems pursuan�to <br /> 5ect�an 3. Payments du�und�r�he No�e and this Security Instrument shal l be made in IJ.�. curr�ncy. <br /> However, if az�y check�or other instrun�en� rece�ved by Lender as paym�nt under the Nate or�his Security <br /> Instrum�nt�s re�urned �a Lender unpaid, Lender n�ay requzre tha�any�r a11 subsequ�nt paym�nts due under <br /> th� Nate and thi� Se�ur�ty �nstrument be made in one or more af�he f���ow�ng for�ms, as selected b� Lender: <br /> �a} cash; �b}maney arder; �c} cer����d�h�ck, banl�check, tr�asur�r's�heck or cash�er's check, provided any <br /> such check is drawn upon an institut�on whose depos�t�ar��nsur��by a federa� agency, ins�rumen�a��ty, or <br /> en�i��r; ar�d} E�ectronic Funds Transf�r. <br /> Payments are deem�ed rece��ed by Lend�r when r�ceived a��he loca��on desx�na�ed xn�he Note ar at such <br /> other locatian as may�e designated by Lender in ac��rdan�e with�he notice pra�is�ons in 5e��ion �5. <br /> Lender may return any payment�r par��a�payment if the�a�men�or partial paym�n�s are insuf��c��nt to <br /> �ring th� Loan curr�n�, L�nd�r may accep� any paynlent�r partza�paym�nt �nsuf�Gient t�bring the Loan <br /> current, w�thout waiver�f ar�y rights hereunder or pre�udice t� z�s rzghts to refuse su�h pa�men�or partial <br /> paym�n�s in the future, but L�nder is na�obligated to apply such paynzents at the t�me such paym�nts are <br /> acc�pt�d. �f�ach Period�c Paymen� is a�p�ied as of its scheduled due date, then Lender need na�pay interest <br /> �n unapp�ied funds. L�nder ma�ho�d such unapplied funds unti� Borro�er make�payment� �o bring the <br /> Loan current. �f Borr�wer daes no�do so w��h�n a reasonab�e period of time, Lender sha�� ei�her appl� such <br /> funds or return them t�Barr�wer. If not appi�ed ear��er, such funds wil��e applied to�he ou�standing <br /> pr�ncipal balance under the Na�e xmmed�atel�priar to foreclosure. N� affse�or c�aim vvhich Barr�wer might <br /> have now or in�he future against Lender shal� relieve Borro�v�r from mak�ng pay�x�.ents due under the No�e <br /> and this Security Instrumen�ar perf�r�m�ng �he c��enants and agr�ements�e�ured b��his Security <br /> Ins�rument. <br /> �. Application af Paym�nts o� Proceeds, Except as a�her�v�se descr�bed in this Section 2, a�l payments <br /> aCcepted and applied b�r L�nder shal�be applied in�he following order of pr�ority: �a} znterest due und�r th� <br /> Note; �b}principa�due under the Note; �c} am�unts due under Se��ian 3. Such paym�nts sha�� be app�ied to <br /> each Periodic Paymen�in�he order in wh�ch �t became du�. Any remain�ng amoun�s sha�� be appiied f�rs�to <br /> la�e charges, seCnnd to any o�her amounts due under th�s Security Ins�rument, and th�n t�re�.uce th� <br /> prir��ipal ba�ance of the Nnte. <br /> �f Lender rece�ves a payment frflm Borrower for a delinquent P�riodic Payment whzch inc�udes a sufficient <br /> am.aun��o pay any�ate charge due, the payment may be applied�o�he delinqu�nt payment and the�a�e <br /> �harge. �f mnre than�ne F�riodic Paymen� is outstand�ng, Lend�r may app�y ax�y payment reC�i�e�i frflm <br /> Borrower to the repaymen�of�he Peri�dic Pa�ments if, and ta th�extent tha�, each payment can b�paid in <br /> fu��. To th��xt�nt that any excess exists aft�r the payn�ent is app�ied to �he full pa�ment of one�r more <br /> Per�odic Payments, su�h�xc�ss may be applied to any late charges due. Voiun�ary prepayments sha�l be <br /> applied f�rst ta any prepa�men��harges and then as des�ribed�n the Note. <br /> NEBRASKA-Single Famiiy-Fanni�Mael�reddi�Mac t1NIFQRM�NSTRUMENT Form 3�28 i IQ1 <br /> VMP Q VMPS�N�y{�342� <br /> Wolters Kluwer Financial 5�r�ices Page 4 af 17 <br />