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��15�455U �. Appiicativnof Payments ar Pro�eeds.Excep�t as�t�er�vise described in this Sectr�n�, all payments accepted and applie�i by Lender shall�e applie�in the follawing�rder of priority:�a)interest due under the 1Vo�e;�b}pr�ncipa�c�ue�nder the�ote;�c}am�unts due under Sect�on�. Su�h payments s�all be applied to each Per�odic Fayment in the arder in which it becarne due.Any remaining amounts sha11 be applied fust to la�e charges,s�cand�ta any other arnounts due under this Security Ins�rument,and then to reduGe the principa�balance of the 1�Tate. If Lender re�eiv�s a payment firom Bdrro�v�r for a de��nquen�Periodic Paym�nt which inc�ud�es a sufficient arnount to pay any la�e charge d��,the payme�t may be applied to�he delinc�uent payment and the late charge, �f more than ane Periodic Payment�s ou�stan�ing,Lender may apply any payment receE�ed fr�m B�rro�ver ta th�repa�m�nt of the Periodic Payments if,an.d ta the extent tha�,ea�h pa�ment can be paid in fu11.To the�x��nt that any excess exists a�er the payment is app�ied t�the fu11 paym�nt of one or more Periadic Paym�nts,�uch ex�ess may be applied�o any late charges due.Valuatary prepayments shal�be applied first to any prepayment charges and then as describ�d in the Nc�te. An�application of payments,insurance proceed�,ar Miscel�aneous Proceeds to principal du�und�r the Note sha11 not extend�r postpone the due date,or change the amount,of the Periadic Payment�, 3. Fundsfvr Escrow Items.B�rrower shal�pay to Lend�r an the day Periadic Paym�nts are du�under the IVo�e,until the 1rTote is pai�d in fu1l,a sum�the"Funds")to provid�far payment of amount�due for: �a}taxes and assessments and oth�r item��hi�h can attain priority over th�s Securit�Insta�i�nent as a�lien.ar encumbrance on the Froperty;�b)�ea�ehold paym�nts or grouad rents on tbe Proper�y,if any;�c)prem�ums for any a�d a1��ns�rance requi�ed by Lend.e��nder S�ec�ian S;an��d}�ortgage Insurance prerniums,if any, or any sums payab�e by Borrower to�ender in lieu of the payment of Mort�age InsuranGe premiums in a�cordance�vi�h t�e provi�ivns of Section 1�.These it�ms are called"�scrow Item�."At arig�natia�or at any t�rne during the term of the Loan,Lender may r�quir�that Community Associa�ion Dues,Fees,and Asses�ments, if any,be�s�rotived by Borrawer,and such dues, fees and assessments shall be an Escro�v I�em. Borra�ver shall pramgtly furnish to Lender all natices of amouats tQ be paid under this Sec�ion. Bor��er shall pay Lender the�unds for Escrow Items un�ess L�nder wai�es Barrower's abligation to pa� the Funds for any or all Escraw I�tems.Lender may wai�e B�rrower's abligation to pay to Lender Funds for any or a11 Escr��v�tems at any time.Any such waiver may only b�in writing. In�he�vent of such waiv�r, Bono�ver sha��pay direct�y,whea and where payable,the amounts due for any Escraw I�ems far whi�h payment Qf Funds has been waived by Lender and, if Lender re�uires,shall furnish�o Lender re�eipts e�idencing�u�h p�.ym�nt withu�su�h time periad�s Lender may require.Bo�row�r's ob�igat�on to make such payments and to pravide receipts sh�ll for ai1 purpases be deerned to be a covenant and agreement contained in this Secu�rity Ins�rttm��t,as the p�ase"�o�ena�t and agreement"is�sed in Sectian 9.If Borro�rer is obligated t�pay Escrow Xtems directly,pursuant to a waiver,aad Borrower fails t�pay the ar�ou�.t due�or�n�scrow Item,Lender may exerc�se its rights under Section 9 and pay such amount and Barrativer sha��then�e�b�`rgated under Se�tian 9 to repa�ta Lender any such amount.Lender may revo�c th�tivaiver a�ta any or all Es�raw Iterns at any time by a notice gi�v�n�fl accordance with 5ection 15 and, upon such rev�cation,Bonower shal�pay to Lender all Funds,and in such arnounts,that are then r�quire�l under this Sec�ion 3. Le�.der ma�,at any t�ne,cQiiect and hold Funds in.an amount�a}s�fficient to permit Lender to apply the Funds a�the�ime specifi�d under RESPA,and(b)nat to exceed the maximum amount a lender can require u�der RES�A.Len€�er sha�l est�mat�the amount�f Fun�ls due on the basi�of current�iata.and reasonab�e estimates of expenditures af future Escrow Items ar�therwise in accordance�vith Applicable Law. NEBRASKA�ingle Famiiy-Fannie MaelFredciEe Mac UNIF�RM tNSTRIJMENT WITH MERS Form 3Q2811�1 1IMP� VMPBA(NE}��3�2}.DD Walters Kluwer Fina�cial Se�vices Page 5 of 17 q�33408157�4 �Z33 394 �517