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��15�33�7 <br /> �. Application af Paynn�nts or F�r�ce�ds. E�cep�as o�her�v�se described in�his SeGtion 2, a�1 paymen�s <br /> ac�epted and ap�li�c�by Lender shall be a�p�ied in�he fol�oyving order af pr�o�•ity: �a}in�erest due ur�der�he <br /> Nate; �b�prin�ipal due und�r t�e No�e; �c� amounts due ur�der Sec�ion 3. Such�aymen�s sha�i be applied�o <br /> each P�riodic Paymen�in�he order�ri vvh�ch��became due. Any remaining amoun�s shali be app�i�d f�•s��o <br /> �a�e charges, s�cand�o any othe�amoun�s due under�h�s Securi�y�ns�rumer�t, arid�hen to reduce the <br /> principal ba�an�e of�he Nate. <br /> If Lender r�ceives a paymen�from Borro�er for a deli�quen�Periodxc Payment which inc�udes a suf�c�ent <br /> amoun��o pay any Iate charge due, the payment may be appl�ed�o the delinquen�paym�nt and the la�e <br /> charge. If xnore�han one Period�c Paymen��s ou�s�andxng, Le�der may apply any payment�-ece��ed from <br /> Barrov�er�o�he repaymen�of�he Periodic Payments�f, and to the e�tent that, each payrr�en�can be paid in <br /> fu��. To the ex�er��that any�xcess exis�s after the paymen�is app��ed to�he fu�X paymen�of one or more <br /> Period�c Paymen�s, such excess may be applied to any�a�e charges due. Volun�ary prepayments shal�be <br /> applied firs�to any pr�payment�harges and�hen as described in�he Note. <br /> Any appl�ca�ion of payments, insurance proceeds, �r Miscellaneous�roceeds�o pr�nczpal due under the Note <br /> shall nat ex�end or pos�pane the due da�e, or chax�ge the amaunt, of�he Periad�c Paymen�s. <br /> 3. Funds for Escrow i�ems. Borrower sha�I pay�o Le�der on�;he day Periodic Paymen�s are due under the <br /> Note, u���i�he No�e is pa�d in ful�, a sum��he"Funds"}ta provide for payment af amounts due for: �a��axes <br /> ar�d assessmer�ts and�ther items�vhich can at�a�n prior��y over this SeCuri�y Instrumen�as a��en ar <br /> encumbrance on the Prope�-�y; �b} 1eas�hoXd payrnents or ground ren�s on�he Praper�y, �f any; ���prem�ums <br /> for any and ail xn�uran�e r�qu�red by Lender under Sec�ion 5; and�d�Mortigage Insurance p�•emiums, if any, <br /> or a�y surns payable by Bar�•o�ver�a Lender in lreu of�he paym�nt of Mflrtgabe�nsurance pre�nxums in <br /> �.ccardari��w�th�he provisiflns of Section �D. Thes�items are ca��ed "Escrovv�tems." A�orig�natian or at <br /> any time duri�.g the�erm of the Laan, Lender may requzre�ha�Comrnunity Associa�ion Dues, Fees, and <br /> Assessmen�s, if any, be escrowed by Borrov�rer, a�d such dues, fees and assessments shali be an Escra� <br /> �tem. Sorro�ver shall prom.ptly furnish�o Lender aI�notic�s of amounts to be paid under�his Se��ion. <br /> Ba�rativer sha1�pay Lerider the Funds far Escra�v I�ems un�ess Len�er wa�ves Borrower's ob��ga�i�n to pay <br /> �he Funds for any�r al�Es�row Ytems. Ler�der may wai�e Borro,t7ver's o�liga�ion t�pay�o Lender Funds for <br /> any ar ail Escrow�tems at any�ime. Any such waiver may only�e�n writing. �n�he ev�r��of such waiver, <br /> Ba��rower shal�pay direct�y, when and whe�-e payab�e, �he amourits due far any Escrow���ms far wh�ch <br />. payment of Funds has been wa�ved by Lender and, if Lender requi�•es, shail furnish to Lender rece�pts <br /> evidenc�ng such payrnen��vvith�n such�irne period as Lender may�•equire. Borrower's ob�iga�ion�o make <br /> s�.ch payments and�o p�•avide rec��pts shall for ail purposes be de�m�d�o�be a co�enant and a�reemen� <br /> con�a�ned xn this Securi�y Ins�rume�t, as the phrase"cover�ant and agre�ment" xs used xn Sectinn 9. If <br /> Borro�ver�s oh�iga�ed�o pay Escrov�Ite�ns direc��y, pursuan��o a waiver, and Borro�vex•fai���o pay the <br /> amount due for an Escr��v��em, Lender may exercise its r�gh�s urider S�c�io�9 ar�d pay su�h axnount and <br /> Borro�rer sha�X�her�be aloliga�ed under S�ctzan 9 to repay to I��nde�•any such amoun�. Lender may revoke <br /> the waiver as to any or all Escr�w�terns at any time by a notiic�gi��n�n accordanc�w��h Sec�ior� I5 and, <br /> upc�n such revocatzon5 Borrawer sha�l pay to Lender ali Funds, ar�d in such amaur��s, �hat are then rec�uired <br /> under�h�s Sec�ion 3. <br /> Lender may, a�any�ime, c�llec�and hold Funds ir�an axnount�a} sufficier���a permi�L�nder��apply�he <br /> Funds a��he�ime specif�ed und�r RESPA, and�b� no��a exceed�he max�muzn amoun�a Iender car�require <br /> under RESPA. Lender sha�� estimate�he amoun�of Fu��ds due on the basis of currerit data and r�asar�able <br /> �stima�es of expe��dz�ures of fu�ure Escrow Ytems or o�her�vise xn accardanc�w�th Applicab�e Lavv. <br /> 88417�3�6� 88017�3�fiD <br /> N�BRASKA-Single�am ily-Fannie M ael�reddie M a�UNIFQRM lNSTR�M�NT W ITH M�RS Farm 302$11D 1 <br /> VM P� VM F'6A{NE}��3�2} <br /> Wolters Kiuwer�ina�cial Services �'age 5 of 17 <br />