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��15�3�59 B�RR��'VV�R��VENANTS�ha�Borrower�s lawfuily se�s�d af�he�sta�e h�reby�onveyed and has th�right to grant and con�ey the Praperty and�hat the Property is unencumber�d, e�cept far�ncumbrances of record, Borrower warrants and will defend general�y the titie tg the Prop�r�y against all c�a�ms and��mands, subject �o any encumbran�es of record. THIS SECUR�TY �NSTRUM�NT com�ines uniform co�enan�s far nationa� us�and non�uniform cov�nan�s with Iimited �ar�at�ons�y jurisdiction to cans�itut�a uniform securi�y instrument covering real proper�y. Unifnrm Cvrrenants. B�rr��ver and L�nder cn�enant and agre�as fo��aw�: �. Payment of Principa�, Inte�est. Escrow �tems, Prepaymer�t Charges, and Late �narges. Barrow�r shall pay when du��h�pr�nc�pa� of, and interest on, the debt evid�nced by the N�te and ar�y prepayment charges and�at�charg�s due under the Note. Barrower sha�l a�so pay fund� fnr�scrow ��ms pursuant to Section 3, Payments du�under�he N�te and th�� Se�ur�ty �nstrumen��ha�l be made �n t�.S. �urrency. Howev�r, if an�check ar o�her�nstrument rec�i�ed by Lender as payment under the Nate ar thi�Security �nstrument�s returned to Lender unpaid, L�nder may require that any ar all subs�qu�n�payments due under the Note and this Securit� Instrument be made in on�or more af the fa��owing forms, as selected by L�nder: �a}cash; �b}money�rd�r; �c} cer�i�ed Check, ban�check, treasur�r's check or cash�er's check, pro�ided any such ch�ck is drau�n upon an�nst�tut�on whflse deposzts are znsured by a fed�ra� agenc�, instrumentality, �r entit�; or�d} E�ec�ron�c Funds Transfer. Payments are deemed recei�ed b� Lender wh�n recei�ed at the locat�an des�gnated �n the Nfl�e�r a�such o�her�oca�ion as may b�designated by Lender in accordanc�w�th th�not�ce provis�ons in S�c�zon 15. Lender may r�turn any pa�ment or par��a� paym�nt �f th�pa�ment�r par�ial paym�nts are insuffi�ien�to bring�he L�an current. L�nd�r may accept any paym�nt or par�ial paymen��nsuffic�ent to bring th�Lnan current, w�thout wai�er af any r�ght�hereunder�r pr�jud�ce ta ��s rzghts to refu�e such payment ar par�ial paymen�s in th�future, but L�nder�s not ob�iga�ed�o app�y such paymen�s at�he tirne su�h paymen�s are acc�pted. If each Per�od�c Paymen�is app�ied as of its scheduled due date, then Lender ne�d nat pay int�rest an unapp�ied funds. Lender may h�ld such unapplied funds unti� Borr�wer makes paymen�s to bring the Loan current. �f Borrav�er daes n�t do so wi�hin a reasonab�e p�riad of�irne, Lender shall either apply such funds�r re�urn them�o Borrower. �f na�applied e�rlier, such funds wzl�be app��d �o �he au�s�anding principal ba�ance under th� Note immed�ately priar�o forec�osure. Na o�fse�or claim wh�ch Borrower might have now or in the fu�ure a�ainst Lend�r sha�� rei��ve Borrower from making payment� due under the N�t� and this Secur�ty �nstrumen�or perfarming the co�enan�s and agreements secured by th�s�ecur��y �nstrumen�. �. Applicat�on af Payments or Proceeds. E�cept as otherv��se d�scrib�d�n�his Sectian Z, al�pa�men�s accepted and applz�d by Lender sha��b�appt�ed �n the fo��owing�rder of priarity: �a} interest due un�ier th� Note; �b}princ�pal due under�he Note; �c} amounts due under Se��n 3. Su�h pa�ments shal��e app��ed�� each P�r�ad�c Paym�r�t i�a�he order in whzch�t b��ame due. Any r�nr�a�ning amount� sha��be app�i�d first to late charges, secand ta any ather amount�due under�h�s S�curit�r �nstrument, and�hen tfl r�duce�he principal balance of the No�e. �f Lender rece�ves a paym�n� from Borrower far a del�nquen�Per�od�G Paym�nt wh�ch �n��u��s a suf�c�en� amount to pay any�at�charge due, �he paym�nt may be app��d tn the d��nquent payment and the late charge. If mar�than on� Period�c Faymen� zs out��anding, Lend�r may apply any payment received from Barrow�r t� the r�paymen��f the Per�odic Payments �f, and ta the extent that, each pa�m�nt can be paid in fu��. Ta the extent that any excess exists after the payment is applied ta the fu�i paymen�of ane or more Periodic Payment,s, such excess may be appli�d t� any late charges due. Va�un�ary prepayments shaii be applied �rst to any pr�paym�nt charg�s and then as described in the No��. N�BRASKA-Single�amily-Fannie MaelFreddie Ma�UN[��RM fNSTRtJM�NT Fvrm 3�2$�1�7 VMP� VMP6�NE)�1302� W�lters KEuwer Financial 5er�ices Page 4 of 17