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��15�4�47 �. Ap��catianaf Payments or Praceeds.Except as otherwise descr�bed in this Sectian 2, a11 payments accepted and app�ied b�Lender shall be applied�r�the follo�ing o�der o��ri�rit�: [a}inter�es�du��e untier the Note; �b}principal d�e under the Na�e; (c�amaunts due under Sectian 3. Such payments sha��be a�p�ied to each Per�odic Paym�nt in the order in�vh�ch it became due.Any remaining amounts shall be applied fust t� Iate chaar�e5,seco�d to any oti�er amaunts due under this Security Instrument,an�then to reduce the principal ba�a�ce of the Note. If L�nder rec��ves a payment from B�rrflv�er for a de��nqtte�t Peri��ic Payme�tt�r�.��i�.cludes a suf�'icient amount ta pay any late charge due,the payment may be app��ed to th�delinquent paymen�and the late c�.arge. If more than one peri�dic Payment is�utstanding,Lender may apply any pay�ent received fr�m Barrow�r to the repa�men�of the Periodic Payment�if,and to the extent tha�, �ach�ayment can be paid in full. To the extent that any excess e��sts af�er�he pa�nent is applied to the full payment of�ne or more Periadic Paymen�s, such excess may be applied to any late charges due.Voluntaiy prepa�ments sha11 be appl�e�first to any prepayment charges and then as described xn the Note. Any app�i�ation of payments, insuran.ce prace�ds,ar N�iscellaneous Proceeds to prin.c�pa1 due und�r the Note sh��not ext�nt#flr postp��e t'he d�e date,or c�ange the am�un�,af the Periodic Payments. 3. Fundsfor Es�raw Items.�orrower sha�l pay to Lender on the day Periodic Paym�nts are due under the Note,unti�the Note is paid�n fu11,a sum�t�.e "Funds"}to provide far payment af amounts due far; (a}�axes and assessment�and other items which can at�ain priority over this Security I�strum�nt as a lien�r encumbrance�n the Property; (b)�easehold payrnents or ground rents on the Property, if any;[c}premiurrYs fvr any anc�a��it�surance r�quired by�.e�d.er under Se��ia�5;an��d)Mortg�ge�ns��.ce pre�iums,if any, �r any sums gayable by Borrower to Lender in�ieu of the payment of Mortga�e Insurance premiums�n � a��ordance with the provisions of Section ��. Thes�items are cal�ed"Escraw Items."At arigi�.ation or at a�.�t�m�dt�r�ng t�.e term of the Loa�,i�ent�er may re�uire t�at Community Associat�on I�ues,�ees, and A.sses�ments, �f any,be escrowed by Borrower,and such du�s, fees and assessments shal�b�an Escrow Item. Borrower sha�l promptly fu.rn�sh to Lender a��notices of amounts�o be paid under�.is Section. Borro�ver sha��pay Lender the Funds for Es�row Items un�ess Lender waives Bonawer's obl�gation ta pay the Fund�for any vr all Escro�v I�ems. Lender may waive Barrower's obligation to pay to Lender Funds for any or a��Es�row It�ms at any time. Any such wai�er ma�r only be�n�vriting. In the ev�n�of such�vaiver, Borra�ver sha11 pay directty,when and whe�e payable,the amounts due far any E�cro�Items for�rh�ch payment of Fun�is has been waived by Lend�r and, if Lender requires, sha��furnish to Lenc�er��ceipts evidencing such payme��within such time period as Lender may require. Borrow�r's abliga��n ta make such pa�ments and to pr�v�de receipts sh�11 for a11 purposes be deem�d to be a covenant a�d agreemen� contained�n this Secur�ty Instrumen�, as t�e phrase "covenant ar�d ag�reernent" is used in�ection 9. If �3orro�ver is ob�igated to pay Es�row�te�s d�ectly,p�su��t to a v�ra��er,and�3arrovver fails tfl pa�th� amount due for an Escraw Item�L�nd�r may exercise its righ�s under Section 9 and pay such amaunt and Borrower sha11 then be obligated under Sectian 9 to repay ta Lend�r any such amount. Lender may revoke the�aiver as tti an�y�r a�l�s�row Items at any time by�.noti�e give�in accardance tivith Section �5 a�nd, � upor�such revocation.,Borro�ver shall pay to Lender a11 Fun�s,and in such amountsA t�at are then requ�r�d under this Se�t�on 3. Lender may,at any time,collect and hold Funds in an amount�a}sufficient to permit Lend�r�a app�y the Funds at the time sp�cif ed under RESPA,and(b�not to exceed the maximu�amount a lender can require und��SPA,Lender sha�l es�imate t�.e a�rno�nt af F�nds due an the�asis�f current data and reas�nable estimates of expend�tures af future Escrow Items or atherwise in accordance��h Applicable La�. NEBRR►SKA�i�gle Fami(y-Fa�nie�VIaelFr�ddie Mac UNIF�RM INSTRIlMENT WITH�ERS Farm 3�28 1141 VMP� VMPfiA[NE}�'�3tf23.dt} Walters Kluw�er Finar�eial Services Page 5 0#17 �a�3�118414� c��3 3�1 ��3�