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��15�3��5 <br /> under �he Note and this Security Instrument shall be made in U.S. currency. Howe�er, if any check or other <br /> inst�rument recei�ed by Lender as payment under the Note ar this Security�nstrument is returned ta Lender unpa�d, <br /> Lender may require that any ar a�l subsequent payments due under the Note and this Security Instrument be mad��n <br /> vne or more of the fol�awing forms, as selected by Lender: �a}cash;�b�money order;(c}certified check,bank check, <br /> treasurer's check or cashier's check,provided any such che�k is drawn upon an institution wh�se deposits are insured <br /> by a federal agency, instrumentality, or entity; or�d}Electronic Funds Transfer. <br /> Payments are deemed recei�ed by Lender when recei�eti at the locatian designated in the Nate or at such other <br /> l�cation as may be designated by Lender in accordance wi�h the notice pra�isions i.n Sec�ion 15. Lender may return <br /> any payment or partia�paymen�if the payment vr partial payments are znsufficient to bring the Loan current. Lender <br /> may accept any payment or partial payment insufficient to bring the LQan current, withnut wai�er of any rights <br /> hereunder or prejudice ta its rights to refuse such payment or partial payments in the future, bu� Lender is not <br /> obligated ta apply such payments at the time such payments are accepted. If each Periodic Paymen�is applied as of <br /> i�s scheduled due date,then Lender need not pay interes�on unapplied funds. Lender may h�ld such unapplied funds <br /> un�i1 Borrawer makes payment to�ring the Laan current. If Borrower does nat do sa within a reas�nable per�od af <br /> time, Lender shal� eith�r apply such funds or return th�m�o Borrower. If no� applied ear�ier, such funds wYll be <br /> applied to the outstanding principal balance under the Note immediately prior to foreclosure. No affset vr claim <br /> which Borrower might ha�e now or in the future against Lender shall relie�e Borrnwer frvm making payments due <br /> under the Note and this Security Instrument or performing the cfl�enants and agreements secured by this Security <br /> Instrument. <br /> 2. Applicat�on of Payments or Proceeds. Except as atherwise described in this Sec��on 2, ail payments <br /> accep�ed and applied by Lender shal�be app�ied i.n the fol�ow�ng order of priority: �a� interest due under the Nate; <br /> �b}principal due under the Note; �c�amounts due under 5e�tian 3. Such payments shai�be applied to each Periodic <br /> Payment in the order in which i�became due. Any remaining amounts shal�be appiied fust�� late charges, second <br /> to any other am�unts due under th�s Security Instrument, and then ta reduce the pr�ncipal balance af the Note. <br /> If Lender rec�i�es a payment from Borrower f�r a delinquent Perivdic Payment whiGh includes a suff�ient <br /> amount ta pay any 1a�e charge due, the payment may be applied to the delinquent payment and the la�� charge. If <br /> more than ane Periadic Paymen� is outstanding, Lender may apply any payment recei�ed from Borrower t� the <br /> repayment of the Per�odic Payrnents if, and t� the exten�tha�, each payment can be paid in full. To th�exten�that <br /> any excess exists ai�er the paymen�is applied to the full payment of ane ar mor�Per�odic Payments, such excess may <br /> be applied to any late charges due. Vo�untary prepayments shall be applied first to any prepayment charges and�hen <br /> as described�n the Nate. <br /> Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principa�due under the No�e <br /> sha11 not exten�ar postpone the due da�e, ar change�he amQunt, of the Periodic Payments. <br /> 3. Funds far Escrow Items. Barrawer sha11 pay�a Lender an the day Per�odic Payments are due under the <br /> Na�e, unt�l the Note is paxd in ful�, a sum[�he "Funds")ta pro�ide for payment�f amounts due for: (a}taxes a.nd <br /> assessments and other i�ems wh�ch can atta�n priority o�er this Securi�}r�ns�rument as a lien or encumbrance an the <br /> Property; �b} leaseho�d payments or ground rents�n the Property, if any; (c}premiums far any and all insurance <br /> required by Lender under Section 5;and(d}Mortgage Insurance premiums, if any,or any su.ms payable by Barrower <br /> to Lender in lieu of the payment of Mortgage Insurance premiums i.ri accordance with�he pro�is�ons of Section I0. <br /> These it�ms are called"Escrow items." At vriginatian ar at any time dur�ng the term of the Loan,Lender may require <br /> �hat Cvmmu.nity Assaciation Dues,Fees,and Assessments, if any,be escrowed by Borraw�r,and such dues, fees and <br /> assessments shall be an Escrow�tem. Borrower shall promptly furnish to Lender all notxces of amvunts to be paid <br /> under this Sectian. Borrawer shall pay Lender the Funds for Escrow �tems unles� Lender wai�es Borrower's <br /> ob�igatian ta pay the Funds for any or all Escrow�tems. Lender may v�rai�e Bvrrvwer's�b�igati�n t�pay tv Lender <br /> Funds for any or all Escraw Items at any time. Any such wai�er may vn�y be in writing. In the event of such vvai�er, <br /> Barrower shall pay directly, when and where payab�e, the amounts du�for any Escrow It�ms for which payment of <br /> Funds has�een wai�ed by Lender and, if L�nder requires, sha�l furnish�o L�nder receipts e�idencing such payment <br /> v��thin such time period as Lender may requ�re. Borrower's obligation t�make such payments and t�pro�ide receipts <br /> sha11 far all purposes be deemed to be a co�enant and agr�ement contained in this Security Instrument, as the phrase <br /> NEBRASKA-Single Family--Fann�e MaelFraeddie Mac UNIF�RM INSTRUMENT- MERS pvcA�a�lc <br /> Form 3028 1101 Page 4 of 15 www.docmagic.�om <br />