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201502877 BORROWER COVENANTS tkiat Boxrower is lawfully seised of the estate hereUy couveyed and lias the right to grant and convey the Properry and that the Property is unez�ciunbered, except for encutnbrances of record. Borrower warj•ants and will defend generally the title to the Properly against all claians and demands, suUject to any encuza�brances of record. THIS SECURITY INSTRUMENT combines uniForin co�venants for national use and non-unifonn coveiiants wit1� liinited variations by jurisdiction lo constitute a unifoz•m security instrument covering real property. Un�fiorm Covenar��s. Borrower and Lender covenaa�t and agree as follows: 1. Payment of �rincipal, Interesfi, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the deUt svidenced by the Note and any prepayment charges t�nd late charges ciue under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due l.uider the Nota and this Security Instruinel�t shall be inade in U.S. currency. However, if any check or other instruinent received by Lender as payin�nt under the Note or this Security Instrtunent is ret�uned to Lez�dex uz�paid, Lender may require that any or all subsequent payments due ur�der the Note and thss Security Insh•lunen#be fnade in on�or inore of the following forins, as selected by Leuder: (a}cash; (b)money order; (c) certified check, banlc check, treasurer's check or cashier's check, provided any such check is drawn upan an institution whose ciepasits are insured by a federal agency, instrumentality, or entity; or{d) Electronie�'unds Transfer. Payments are deelned received by Lender when received at the location designated in the Note or at such other location as inay be designated by Leiider in accordance with the notice provisions in Section 15. Lander inay return any payinent ar partial payznent if the payinenti or partial payrnents are insufficient to bring the Loai1 current. Lender may accept any payment or partial pay�x�ent insufficient to bring the Loai7 current, without wai�er of any rights hereunder or prejudice to its rights to refuse such pa}nnent or part�al pay�nents in khe future, but Lender is not oUlzg�tetl to�pply such paymenfs at the time such payinents are accepted. Tf each Periodic Payinent is applieci as oF its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hoSd such unapp�ied funds until Borrower inal�es payments to bring the Loan current. If Borrower daes not do so within a reasonable period of time, Lender shall either apply such funds or return thein to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance uiider the Note iirunediately prior to foreclosure. No offset or claim which Sorrower might have now or in tl�e future against Lender sl�all relieve Borrovver fioin malcing paytnents due under the Note and this Security Instrt�inent or perforining the covenattts aa�d agreements secured by this Security Instrtunent. 2. AppllCatlon of Pay171enf5 or Pr'oCeeds, Except as otherwise described in this Sc;ctian 2, all payments accepted and appliecl hy Lendex s1�all be applied in the following order of prioriry: {a) interest due under the Note; (b)principal due under the Note; (c)ainounts due under Section 3. Such pa}nnenis shall be applied to each Periodic Payment ii�the order in which it became due. Any remaining amo�uits shall be applied first to late chai ges, second to any otlier ainoLu�ts due under this Security Instruinent, and then to reduce the principal balance of the Note. Tf Lender receives a payment from I3orrower for a delinqucnt Periodic Payment which includes a sufficient ainouut to p�y any late charge due, the pay�nent may be applied to the delinquent payment and the late charge. If more tlian one Periodic Payment is outstanding, Lender may apply any payinent received fi�oin Borrow�r to the repayment of the Periodic Payinents ii, and to the extent that, e�ch payinent can be paid in full. '�'o the extent that any excess exists after ihe paymeilt is applied to the Full payment of ane or znore Periodic Payments, such axc�ss inay be applied to any late charges due. Voluntary prepayir�ents shafl bc applied first to any prepaymeilt charges and then as descrsbed in the Note. 2400f3380 NE6RASKA-Single Family-FanniehhaelFredd€e Mac UNIFORM INSTRUMENT Form 3028 flQ1 VMP� VMP6{NE)(1302) Wolters Kluwer Financial Services Page A of 17