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��15�57� 5 B�RR�'�VER��VENAI�TS that Borrawer is lawfully s�ised�f the estate hexeby c�n�eyed and has�he ri�ht�a grant an�.con�ey the Praper�y and that the P�oper�y is unencumbe�ed, �xcept fa�en�umbranc�s of recard. Borrawer warrants and will defend genera��y the title t��he Proper�y against a�� a�m� and demands, subject to any en�umbranc��of record. THIS SECURITY INSTRUMENT�omb�nes unif�rm covenants for nationa�use and non-uniform ca��nants with limi�ed�ar�at�ans by jurisdicti�n t�constitute a un�form�ecurity instrumen�covering real p�np�r�y. Lln�farm CoWenants. Borrower and Lender covenant an�.ag�e�as fal�ows: '�. Payment of Pr�n�ipal, �nterest, E�cr�w Items, Prepayment �nar�es, and Late Charg�s. Borravver sha11 pay when due the principa�of, and�nterest on, the debt evidenc�d by�he Note and any prepayrnent charges and late charges du�under the N�te. Bt�rrawer shal� al�a pay funds for Esc�o� �tems pursuant to Sectzon 3. Paymen�s due under the Note and this Secur�ty�nstrument shall be made in U.S. currency. HaweWer, if any check or o�her instrument received by Lender as payment under the Note or th�s Secur��y Instrurnent is r�turned�o Lender unpaid, Lender ma� require that any or all subsequ�nt payment�due under the Nate and this Securi��Instrument b�rnade in�ne or mare of the fal�owing forrns, as sele�ted by Lend�r: �a}cash; �b} mon��order; �c} ��r��f�ed check, bank ch�ck, �reasurer's check ar cashier's check, provided ar�� such check is drawn up�n ar�in�titution whose depas�ts are �nsu�red by a federal agenc�, instrum�nta��y, nr enti�y; ar�d}�lectran�c Funds T�ransf�r, Payrnents are deemed rece�ved�y Lender when re��ed at the locati�n designated in the No�e�r a�such �th�r�ocat�on as may be d��ignated�y L�nder�n a�cordance wi�h the n�ti�e pro�isions�n Se��on 15. Lender may re�urn an�payrnent�r partial paym�nt zf th�paym�nt�r partia�paymen�s are insuff�c�en�t� bring�hc Loan cur��nt. Lender ma�acc�pt any paym�n�o�r pa�t�al pa�rment insufficient to bring the Loan curren�, w�thout�ai�rer of any r�ghts�ereunder or pr��udice to its rights��efuse such paym�nt or partial pa�ments�n�he future, but Lender�s no�ob��gat�d to app�y such pa�men�s at the t�me such payments are a�cepted. �f each Periad�c Payment i�applied as�f its sch�du��d due date, then Lender need nat pa�in�erest on unapp��ed funds. Lend�r may ho�d,�uch unapp�zed funds untz� Bor��wer mal�es�aym�n�s �o bring�h� Loan curr�n�. �f Borrawer daes na�do sa within a reasonab�e period af tim�, L�nder shali e��her app�y such funds or re�urn them�o B�rr�wer, �f not applied�ar�ier, suGh funds tivi�l be app��e�to the�u�stand�ng principa�ba�ance under the No�e�rnmedzately prior to fareciosure. No offset or c�a�m��vhich Borrawer migh� have no�or in the fu�ure against Lender sha�� re�ieve Barrav�rer from making pa�ments due under th�Nate and this S�cur��y �nstrument or performing the ca�enants and agreements secured by�his Secur�ty Instrument. �. App�ication af Paymen�s or Proceeds, E�cep�as �therwise des�ribed in th�s Se�tion�, all payrnents a�cept�d and appl�ed by Lender shail b�applied in the fo�lowing arder of priarity: �a) in�erest due under the Note; �b}pr�nc�pa�due under the No�e; �c}arnaun�s due under S�ction 3. Such paym�nts�ha��be app��ed to ea�h Period�c Paymen�in th�arder in which it b��;arn�due. Any remaining amounts�ha�l be app��ed f�rs�to la�e charg�s, sec�nd�o any other amaunts�ue under�his Se�ur�ty�ns�rumen�, and then to reduce the principa��a�ance�f�h�Na�e. �f Lender recezves a paymen�frarn Borrower for a de�inquent Periadic Pa�ment which�nc�udes a suf�c�ent amflun�to pay any�a�e charge due, the payment may be applied��the delinquent paym�nt and the�ate charge. �f rnore�han one Period�c Pa�ment is outstanding, Lender may app��any payment recei�ed frorn Borr�wer t�the repayrnent af the Per�ad�c Payrnen�s if, and ta the ex�ent that, each paym�nt�an be paid in fu11. To the extent�hat an�exc�ss exists after the payment�s app�ied to the full payrnent of one or more P�riod�c Fayments, such excess may be app�ied to any�a�e charges due. Vniur�tary prepaymen�s shal�be app�ied firs�to any prepaymen�charg�s and�hen a�deScr�bed zn�he��e. NEBRASKA-Sing[e FamiEy-Fannie MaelFreddie Mac UNIFQRM 6N5TRUMENT Fvrrn 3�2$114'� VMP Q VMPS�N��13D2y Watters Ktt�wer�inancial 5er�ices i��ge 4 of 17