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��15�3337 �3�RRD"4?VV'ER��VENAN'T� that]Borrower is lavvfuily seised of�he�stat�hereby canve�red and has th�r�ght ta grant and con�ey the Property and that�he Property �s unencumber�d, �xcept f�r encumbrances of recard. Borro�ver warra�.ts and will defend g�nera�ly the title to the Prop�rty agains� a�� c�aims and demands, subject to a�zy encumbrances of record. TH�S SE�UR�TY�N�TRUMENT cflmbines unif�rm ca�enants for nat�ona� use and n�n�uniform c�venan�s w��h �im�ited�ariations�y jurisdiction�o c�nsti�ute a uniform secur��y �nstrumen�c�ver�ng r�al pr�per�y. Unifarm Cflvenants. Borrav�er and Lend�r co�enant and agree as foi�ows: �. Payment af Princ�pal, Interest, Escr�w �tems, Prepaym�nt Gharges, and Late �harges. Borrfl�er shall pa�v�h�n�u��he princ�pa� �f, and int�res�on, �h�debt e�idenced��r the�ote and any prepa�ment charges an��ate charges due under�he No�e. Borrower sha�l aiso pay funds far Escrnw �tem�pursuant to 5ection 3. Paymen�s due und�r�he Note and�his Secur��y�nstrument sha��e nzade �n U.S. �urr�ncy. Howe�ver, if any ch�ck�r o�her ins�rument receiv�d b� Lender as payment und�r the N��r th�s Secur�ty �ns�rument is return.ed to L�nder unpaxd, Lender may require that any ar a�� subsequent pa�men�s due und�r the Note and�his Securit� Ins�rument be made in on�or mor�of the foi�awing forms, as selected by Lender: �a}cash; �b}mone�ord�r; �c}certif�ed check, bank checl�, tr�asurer's check or cashier's check, provided an� such cheCk is drawn upan an�nstitution whose d�posits are insured h�a federal agency, instrumentali��, �r en��y; �r�d� Ele��rc�nic:Fu��i�Tra��.Cer. Paymen�s ar�deemed rec��ved by Lender when rece�v�d at the��cat��n d��zgna�ed in�he Na��or a�such ather�acat�on as ma�be�ies�gnated by Lender in ac��rdance wi��h�n�t�ce provisions in S�ction �.5. Lender may�re�urn any paymen�or par�ial paymen� if the pa�xnent�r part�a�gaynz�nts are�nsuf�cxent to bring�he�oan curr�nt. I�end�r ma�r accep�any payment or par�ial payrnent insuff�cxen��a br�ng the Loan current, withou�wa�v�r of any r�ghts hereunder or prejudice ta i�s rights�o refuse such paymen�ar par��a� payments in th�future, but Lender is not o��igated to apply �u�h payments at the tim�such pa�ments are accept�d. �f each Periodic�'aym�nt i�appl��d as of its scheduled due date, then L��der need not pa� interest on unapp�zed funds. L�nder may hold such unapp��d funds until Borrov�er makes paymen�s to hring�he Loa.n current. Zf Borr�vver daes nat d� so w�th�n a r�asona��e per�od of t�me, Lender shal�ezther app�y such funds or return them t� Borrower. �f n��applied�arlier, such funds will�e appl��d�o�he outs�and�ng pr�ncipa�ba�ance under th�Note immediate��r pr�nr t� forec��ure. No affs��r claim which Borrow�r might have naw�r in the future aga�nst L�nder sha�� r��eve Barr�vver frnm making payrn��ts due under the No�e and�his Secur��y I�strurnen�or performing the covenants and agreements secur�d by th�s Security Ins�rurnent. �. Application flf Payrnents �r Proc��ds. Except as otherwzse d�s�ri�ed in th�s Sec��n 2, a��payments ac�ep�ed and appl�ed b�Lender shall be app�xed�n the f�I�awing order of priori�y: �a} znt�rest du�under the Nate; �b}pr�n�ipal du�under the Nate; �c} amoun�s due under�ecti�n 3. Su�h payments sha��b�appli�d�o each Period�c Pa�men�in the order in v�hich it became due. A�.y remaining amounts sha��be applied fi�s��o late charges, secand t� any n�her amounts due und�r this Secur�ty�nstrum�nt, and then to reduce th� principa�balance�f the Not�. If L�n�ier rece�ves a payment from B�rrower for a dtlinqu�nt Per�od�c Payment which inc�udes a suff��ent amoun��o pay any�a�e charge due, the payrnent may be app��ed ta��de��nquen�paymen�and the Zate Charg�. �f more than one Peri�dic Paym�nt is �utstanding, Lend�r may app�y any payment received franl Borr�wer�o th�repayment af�he Per��d�G Payments if, and to th��tent that, each paymen�can be pa�d zn fu��. T� the�xtent�hat an�exces�exists aft�r�he payrnent is applied to the fu��paymen�af flne or m�re Periodi�Payments, such e�cess may be appl��i�a any Iat�charges due. Va�untar�r prepaymen�s shall be app�i�d first to any prepaymen�charg�s a.�d then as descr�b�d �n��Nflte. N�BRASKA-5ingle Family-Fanni�Mael�reddie Mac UNI�DRM 1N5TRt1M�NT Form 3028"f 1�1 VMP� VMPS�N�}{13�2y Walters Kluw�r�irtancia[Ser�ices Page 4 af 17