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��15��5�� B(]RR�]'�VFR.C�VE�VAh�TS tha�Ban�ower xs�a��sei.sed��the es�ate here�y con�reyed and h�s�he r�ght.to �ant and con�ey the Pra�and that the Prt�pe��s w�.en , except for e�cumbrances af record. Barrower warrant�and wi��efez�d�enerall:X tb�t�tl�tQ t�e Pro��agai:�st all�c��ms an��em�ads,.s�t��e.ct to a.ny encun�bran.ces of record. � 'I'I��S SE� IN'STRUM��'I`combines unifarm c�ve�t��Q�natioa�a�use�and nvn un�form cove�ants wi�h ��aaaited var�a�ions b�j�risci��t�on tc�const�tut�a uniform s�cur�t�' t co�ering,rea�pr��x�y. E1n�f�rr�Cavena�ts.Barrow�r and.Lenc�er co�venant a�d ag�+ee a��fa�ows: 1. Pa�r�ent v�F Principa�, �nterest. Escraw �t�ms� Pr�payr�ent Charges, and Late��arges. B�rrawer �p��y when�u�th�p�inc�pa�of,and�nterest�n,t�te d�ebt evid�nc�d.b��h�Note and an�pre�a�ent �ha�rges�a��a�e charges due under the�V'ote. Bor��awer sha�l also pay��unds fv�F�row Items pur�uant tv ��a�.P��ts d�.e under t��at�and�his S�cur�ty�n t s�all��aade i�n U.S. curr+enc�. I�oweve�, if an�che�c�ar athe�' t rec�ved by L�nd+er as payment und�r the�ote vr t,h�.s Secur�t� �is retur.�ed to I�en.r�er�aa►pa�d, I�de�m��rec�ui.r�that.an�;�r a�.�suUsequen�pa�mea�ts due under ��vt��c�this S�ux�ty t be�d.e in�ar��r a�n.are v�th�fall�v��ng farms, as se�e.�te�d.by Le�der: ��; �b}n�an��order; �c}ce��d r.�i�c�,�a�ch�ek� � 's ch�ck or cas�er's c�xeck,provided a�y �e�k i�d�wn�upon an�tut�vn�h�se de�a�it�s a�-e in�rec��a f�.��g�nc�, ' tality, or �ifi,�r aa��}�ec�nic�u�nc�s Tar�nsfer. ��ar�d�e�:rece�v�t��Le�er whe��ved at th��on des�gnated i�t�i�N�ot�or at�uch ��~��ma�b�c��y�n.ci�r in�cc��e w�t�t��nat�ce pro�nisions in Sec�.an 15. ��etu�a�y��o�ar�a�pa�nt i�the pa�t or pa�ca�g��ts are insui�c�ent ta ��'a��urrent. I��y�t a��pa��a��al pa�men.t' ze�t ta brvag th�I.oan c��,r�rit�i��a�ver o�a��rights h�nd�r or greju�ce�a�t�r��to refuse such p��ent or gartia� �y��t��future,but I�c�r i�s na�ab�iga�ted tu�pp��such p��mer�ts a�the tua�such pa�nents are a�gte�.If�P�riod�c Pa�t is applied as of�ts sch�d.u��d due o�,then.�nc�r ne�d na�pay int�r�st an�p��ed fi�r�c�s. �eaa�er m�a�h��d s�.ch uaa�ppl�ed fi��ts unti�Bor�owe�r makes��aa�ents tv bri�n.g�he �c�t. If Bvrrower d�s nat�.o sv w�it�in a rea�vnab�e�€�of�ze,L�ader sha�1 e�thea�app�y such fu�d�or ret�.rn�h�xm to B�rrvwer. If not�gg��ed�r��e�, s�ch fwa�ds��app��ec�tv th�outsta�ad�ng �rincipat��a�,a�a.ce under�N�t��atel�pr�ar to fvr�c�asure, l�fo of�set ar c�ai�m which Barrower might have n��a vr in�he futur��s�Le�ad�r shal�re�i�e�r�rowe�r fro��g pa�t�du.e under�e Nf ote ar�c��his�eu�r�tx �vr�erfvrm�g��co�enant�and ag�eeme�ts b�#�us Security t. 2. Ap�ii�a�an of�ay��nt� vr Prv�eec�s. Except as o�.e�wi�se d��in th�s 5�an 2, aII pa�en�s �c�epted and apgli�d by Le°n.�3er sha�be applied�n�h.�fa�Ivw�n�va�der of pr�o�.t�: �a}int�r�due under th� Note; �b}Princxpal due under th�Note; [c)amoux�ts due�ncie°r�a�3. Su�h pa�ats shau b�appl�e�d.to each Pex�oc�c Payment i�a the t��der in which�.t becam+e due. Any . . g am�vunts�all be apglied first t� �ate charges, second to any other am�unts due w�.de�t�hx.s S�c�.ty- t, and��h��to reduce the principal balance o€�he NCvte. �f Le�ad�r recez�es a gayment from Borrower f�r a de�in�uent Period�c Fa�ment whai��x inc�udes a suf�cie�t �am�ount ta pa�any�ate�harg�due,the paym�nt may be app�e�to the de�iq��paym�nt ana�t�e�ate charge. If mare t�an.ane Per�od�c Paym�nt i s outstandiang,�nd��m�a�a�p�y an�Payme�at recexved frvm �3orrower to the repayment af�h.e Fer�odic Payment�if,and ta the��te�tt that, each pa�nt�an l�e pa�d in full. To the extent t�iat any e�cess�xis�s a�ter the payment�s appued tc�t�e full paymer�t of one vr more Per�odxc�'ayam�ents, such exc�ss m,a�b�app�x�d.to any Iate cl�arges du�. '�'a��tar3�'pr�Payments sha�I� app�xed�irst to anY P�Fa�nt c�arges and the�as descr�b�d in the Not�.. NEBRASKA S€r�gle Family Fanrrie MaelFreddie Mac UN[Ff3RM INS'TRIJMENT Form 3a28'!1�'i VMP� . " VMP��IIEJ�'�30Z� Nlohers tC[uwer F'�nanaal Services Page 4 of'I 7