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��15�577� BC]RR��'�VER G�VENANTS�hat Barro�v�r is lawfully seised af the estate he�eb�r con�eyed and has th�right to g�rant and con�ey the Praper�y�nd that th�Pr�per�y is un�ncurnbered, �xcept far�ncumbrances af rec�rd, Borrower vvarrant�and vv�Il defend genera�ly�he tit�e to�he Proper�y against al�claims and demands, subject ta any encumbrances of rec�rd. TH�S SE�URITY II�STRLJMEI�T combines un�form covenants f�r natz�na�u��and n�n-un�form covenants w�th li�ni��d variation�by�urisd�c��an to�fln�titute a unifa��m secur�ty �nstrument covering�eal proper�y. Un�fvrm �a�enants. B�rrower and Lender c�venant and agree as fallows: '1. Payment �f Principa�, interest, Escraw �tems, P�epayment Charges, and Late Charges. Borrower shail pay when due th�princ�pal of, and interes�an, the c��bt evidenGed by �he Not�and any pr�paymen� charge�and�ate charges due under�he No�e. Barrower shall a�sa pay funds for Escrow ��ems pursuant t� Sec�ion 3. Pa�rn�nts due under the Note an�this Securi��Instrument shal�be made in U.S. currency. However, if any che��a��ther ins�rument recei�ed by Lender as paymen�under the Nate ar thi�SeGurity Instru.ment is r�turn�d ta Lender unpaid, Lenc�er may require that any or alI�ubsequent payments due under the No��and this Security�nstrument be made�n�ne ar more of the fallowing forms, as sel�cted by Lender: �a}cash; �b}money❑rder; (c}��rtified check, �ank ch�ck, treasur�r's check or cashier's check, provided an� such check�s�.rawn upan an�nstitution whos��.eposi�s are insured by a federa� a��n�y, �nstrumentali�y, a�r �ntity; or�d}��ectronic Funds Transfer. Payments ar�deemed r�cei�ed by Lender when rece��ed at�he loca�ion desi�nat�d in the Note ar at such ath�r�o�ation as may�e designat�d by Lender in a�cordance v�►rith the notice pro�isions in Sect�an 15. L�nder may r�tum an�payment or part�ai payment�f�he paymen�or par�ial payments are insuf��cient�o br�n��he Loan curaren�. L�nder may acc�p�ar�y paym�nt�r part�a�payment�nsuff��xen�to bring the Loan curr�nt, without waiver of any r�ghts hereunder or pre�udic��a its righ�s to refuse such paym.ent�r par�ial payments in the future, bu�L�nder�s nat ob��ated to appl�su�h payments at th��ime such payments ar� accepted. If each Periodic Payment is app�ied as af its s�heduled due date, �hen Lender need nat pa��nteres� vn unapplied fun�s, I�ender may hold such unapp�ied funds unti�Borra�ver rnakes payments ta b�zng �he Loan current. If Borrawer daes no�da so�vith�n a reasanable periad of��rne, Lender sha�� e�ther apply such funds or r�turn�hem to Barrower. �f not applied eari�er, such funds will be app�ied�o th�outstandin� p�r�ncipal ba�ance under the�o�e�mmediately priar ta fareclosure. Na off,�et or�laim wh�ch Borrawer migh� have naw ar in�he future aga�nst Lender shall r�lie�e Borrotiver fr�m making payments due under the Nate and�his Se�uri�y Instrument or performi�.g the covenants and agreem�nts secur�d by this Securi�y �ns�rument. �. Applicativn af Payments vr Praceeds. Except as o�herwise d.e�cribed in this 5ect��n 2, al�payments accep�ed and app��ed by Lender�ha�i b�applied in�h�following order�f priority: �a}in�eres�duc under��ie N�te; {b}principai due under the Note; �c}amounts due under Sectian 3. Such pa�ments sha�I�e appiied�o each Periodic Paymen�in the fl�der�n whzch it b�came due, Any rernaining am�unts sha11 be applied�rst to late charges, s�Gond t�any a�her atnaunts due under th�s Se�ur�ty�nstrumen�, and�hen to reduce�he pr�ncipax balance af the No�e. �f Lend�r receives a payment f�om B�rrower f�r a de�inquent Periodic Payment which inclu�ies a�uffcient amount tfl pay any lat�charge due, the payment ma�be applied ta�he d��inquent payment and the late charge. �f more than one Peri�dic Payrnent is auts�anding, Lender may apply an�payment r��ived from Bor�awer to�he repaym�n�of the P�riodic Payments if, and ta th�extent�hat, each pa�ment t;an be paid in fu�i. To the ex��nt tha�any ex�ess exzsts after the payment is applzed to�he fu��paymen�of one ar m�re Peri�dic Pa�m�n��, such exc�ss n�ay he appl�ed�a any late charg�s due. Vo�untary prepayments shall he �pplied first��any prepayment cha�rges and�hen as described in tht Note. NEBRASKA-Sinc��e Family-Fannie MaelFreddie Mac UNIFflRM INSTRUMENT Fnrrr�30Z$1(d1 VMP[�] VMPG�NE)��30�] VVolters Kluwer Financial Ser�ices Pa�e 4 of 17