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��15��55 B�RR�WER C�V�NANTS that B�rrower is lawfully seised of the�state h�r�by c�n�eyed and has the r�ght to grant and�anve� t�e Pr�per�y and that the Proper�y �s unencum.bered, except far encum�rances of rec�rd. B�rr�wer warrants and w�� d�fend generaily �he ti�le ta the Prop�rt�r aga�nst ali c�azms and demands, subj�ct ta a�y encumbrances of record. TH�S SECURITY �NSTRUMENT c�mbines uniform�ovenan�s for natianal use and n�n-unif�rm cn�enan�s w�th l�m�t�d �a�iatians b�j urisdic�ian�o constitu�e a unifarm securi�y instrument co�ering rea�property. L�nifarm �ovenants. Borr�wer and L�nder ca�enan�and agree as fa��ows: �. Payment vf Principa�, Int�rest. Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pa��vhen due the princzpa� of, and�nteres�on, the debt eviden�ed by�he No�e and any prepa�m.�nt charges and late charges due under the Na�e. Borrnvver shal� a�so pay fund� for Escr�� Items pursuan�to SeCtion 3. Payments due under�he Note and th�s Security �nstrument sha�� be made�n U.S. currency. Hawever, zf any check or�ther instrument recei�ed by L�nder as payment under the N�o�e or th�s Secur�ty �nstrum�nt�s re�urned to Lender unpa�d, Lend�r may r�quire�hat any or al1 subsequen�paymen�s due und�r the Note and th�s Security �nstrumen�be made in one or more of the following farms, as selected by Lender: �a� cash; �b}money ord�r; �c} c�rti�ed che�k, �an�check, �reasurer's check or cashier's ch�ck, provided any such check �s drawn up�n an institution whos�deposi�s are insured by a federa� agency, instrumenta�ity, or entity; or�d} E�ectranic Funds Transfer. Payments are deem�d reGei�e�by Lend�r wh�n recex�ed at�he�ocation designated �n the Note or at such other�oca��an as may be de��gna�ed by L�n�er in acc�rdance w��h the not�c�provisinns in Section 15. L�nder may return any paym�nt or par�ial paymen� if�he payment�r partia�paym�.�n�s are insuf�czent�o bring the Loan current. Lender may ac�ept any paymen�or par�iai paymen� insufficient to br�ng t�a�Loan current, without waiver af an�ri�hts hereund�r or prejud��e ta its rzghts�� refus�such payment ar partial payments in the future, but Lend�r is not ab�igated�o app�y such pay�n�nt� at�he time such payments are accepted. �f each PeriodiC Paym�nt is appl�ed as af i�s scheduled due da�e, then Lender n�ed n�t pay �nterest on unapp��ed funds. L�nder may hald such unappl��d funds un�il Borrawer makes paym.ents to br�ng the Loan�urrent. If Borrower does n�t da so wi�hin a reasonabl�p�riad of time, Lender sha�l either apply su�h funds or return them to Borrower. �f not app��ed earl�er, such funds will b�applied t��he outstanding principa�ba�an��under the Note immedia�ely pr�or t� for�c�osure. No offse��r claim wh�ch Barr4u�er might have nav��r�n�he futur�against Lender shall relie�e Barrower fram makzng paymen�s due under the Nate and this Security�nstrumen�or p�rfarming th�cov�nant�and agreement� secured by th�s Securi�y �ns�rument. �. Applicati�n vf Rayments vr Proeeeds. �xcept as othe�-v�r�se descrzbed�n this Section 2, aI�payments accepted and app��ed�y Lender shai�be applied in the fa�iow�ng order flf pr�or�ty: �a� �nterest due under the Note; �b}principa� du�under the Note; �c} amoun�s due under Section 3. Such payments sha�I be app�ied�fl each Periadic Payment in�he order�n�vh�ch z�became due. Any rernaining amounts sha��be app�ied firs� to �a�e charges, second ta any ather a�mounts due under th�s Secur�ty �nstrument, and th�n to reduc�the principa�balanCe af the Note. �f Lender receives a payment from Barrow�r far a delint�uent Perio�lic Pa�ment wh�ch �ncludes a sufficient amount to pay an��a�e charge due, the paymen�may be appli�d t� th�delinqu�n�paym�n�and the late charge. �f more than ane Periodic Payment is outstanding, I�ender may app��any payment re��i�e� from Borrov�er�o the repaym�n�of the Periodic Paymen�s if, and to �he extent�hat, each payment can be paid �n fux�. To the extent that an��xcess�xists after�he payment is app�ied ta�he full paymen�of one�r more P�riodic Payments, such excess may be app�ied to any late charges�ue. Voluntary prepaym.ents sha11 be app�ied first to an�prepayment charges and then as described in�he Note. N�BRASKA-SingEe Family-Fa�nie MaelFreddie Mac�NIFDRM INSTRUMENT Form 3028 11Q� VMP� VMPS{NE�t'�30�f Walters K�uwer�inar�cial 5er�ices Page 4 of�7