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<br /> UNIF�RM C��ENANTS. Bo��rowe�r and Le�d�r covenant and ag�ee as fol�ows;
<br /> 1. Paymen� of P�incrpal, Interest, Es�row I�ems, Prepayment�harges, and i�ate Charges. B�rrower
<br /> shali pay when due the principal of, an� in�eres� on, �he debt eviden�ed by �he No�e and any prepaym�r��
<br /> cha�rges and Ia�e charges due under the No��. Borrovve�r shail als� pay funds for Escrow Z�erns pursua�at �o
<br /> �e��xaza 3, Payrnen�s due ul�der �he 1�Ta�� ai�d �his Secv�ri�y Ins�rument sha�i Ue made ir� U,S, cur�ency.
<br /> Howe�er, �f an�� check ar o�her instrumerit recei�ed by Lender as �ayment under �he Nn�e or �his Securi�y
<br /> Ins�rument is �retuxned �o Lender unpaid, Lender may require tha� any or a�� subsequen� payments due und�r
<br /> the Notc and �hzs Secur��y �ns�rum�n� be rnade in ane ar mo�e of�he fol�owing forms; as sele�te� by Lender:
<br /> �a} cash; �b}mozley o�rder; �c� ce���ified Gh�cic, bank ct�eck, t�•easureY•'s check o�r cashier's checls, provided any
<br /> su�h check �s dxawn upon an �nstitution vvh�se dep�s�ts are insured �y a fedexal agency, iris�rumentaix�y, or
<br /> en�z��; o��d�Elec�ror�ic�`u�nds'1}ransfer.
<br /> �'ayrnents are deerned re�eived by Lender v�hen rc�cived a��he location desxg�.a�ed in the hTo�e or a� such
<br /> ��h�x iocation as may b�desi�nated by Len�er in accordance with the notic�p�rovisians in Sectian 1 S. T_lend��
<br /> may re�urn any paymen� or partzal paymen� �f the paymex�t or par�za� payments are insufficien� �o brin� �he
<br /> Laan current. Lender may accep� any paymsn� ax par�ial payrnen� �nsuff�ient �o bring the Laan current,
<br /> wi�hou��waxvex �f any xzgh�s he�eunde�r a� prejudice�❑ its rights �to refuse such pa����e���oz• paxtial payment� it�
<br /> �he fu�ur�, hut Lender is no�❑bligat�d to appi�� such payment� a�the time sueh payment� are ac�epted. �f each
<br /> Pexiadic Payrnent i� applied as of zts schedu�ed due date, then Lender need nat pay in���res� on unapplied
<br /> funds. Lender may ho�d such unapp��ed fu�ds u�t�I Borrflwer malc�s �a�men� �a bring �hc Laan cur�r�nt, Zf
<br /> Barrawex• daes not da sa vvzt�xzn a reas�naU�e pez i�� af time, Lende�• sha�1 ei�her apply su�h funds or retu�rn
<br /> them to F3arrovver. �f na�applied eaxlie�r, such funds wiIl he appI�ed�❑�h� outstanding p�r�ncipal ba�an�e under
<br /> the �o�e irnmedia�eiy p�riar �o f��reclosure. No offset or clairn wh�ch Borrow�r mig�.� have now or in �he
<br /> fu�ure agains� Lendcr shall rclievc Barrovvcr f�rorn. malczr�g paymcnts due under the �Ia�e and �his Secu�i�y
<br /> �n��rurnen�ar perfar�ning���e�ovenants and agreemen�s se�ured by�his Security rn�trumen1;.
<br /> �. App�icatxon of Paymen�s ar ProcQeds. Excep� as a�herwise described in tih�s Section �, all paymen�s
<br /> accep�ed a�.d appl'z�d by Lender sha1l be applied in �he fol�owing or�ler af pria�i�y; �a} �n�eres� duc under �he
<br /> 1�T��e; �b� p�inczpa� due u�.de� �he Na�e; �c} amounts due under Sectian 3. Such pa�ments shall be appli�d �a
<br /> ea�h Pe�riodic Pa�men� in �he order in which it hecame du�. Any remaining amounts shail �e applied frs��a
<br /> la�e cha�rges, second ta any o�her amaunts due under this S�curi�y�nstrume�.t, and then�o reduce �he pxzncipal
<br /> balancc 4f�hc No�c.
<br /> If Lender receiwes a payme�C rram Barr�rovvex far a delinquent Perx�dic Payment whxch inc�.udes a sufficient
<br /> amaun��o p�y �ny la�e charg� due; �he payment may be applied to �he c�elinquent payrnent and the�ate cha�ge,
<br /> �f more than ane Periodic Payment i� ou�standin�, Lender may app�y any payrner�t receive� fram. Barr�wex to
<br /> the repayment of��e Periadic Paymen�s if, and �o �he extent tha�, each payme�t can be paid in full, To �he
<br /> ex�en�: that any excess existis a:Cte�r the payme�� i� appFied to the rull payment of ❑ne or more Per�odic
<br /> Payrnents, such e�cess may be applied�o any�a�e c�arges due: V��un�arW p�re�ayments shall be applzed firs��o
<br /> any prepaymen��harges and�hen as descr�bed zn the Note.
<br /> An� a�pli�ation of pay�ments, insurance p��aceeds, or Misce�latleous P�•oceeds ta pri�l�ipal due ut�der the
<br /> Nc�te sha1I nat ex�end�r po��p�ne�he due date,nr�hange�he amoun�,nf the Per��dic Paymen�s.
<br /> 3. Funds for Escr�w l�ems. Borrower shail �ay �o Lender �n the day Periodic Paymen�s are due unde�r
<br /> �he N�t�, until the No�� is paid in fu1�, a sum ��he "I'unds"} �o pravidc far paymcn� of arnoun�s du� for; �a�
<br /> tax�s and assessments and at�er it�ms v�hi�h can attain pri�rity aver thxs Security Iristrument a� a Iien o�r
<br /> encurnbxanc� ot� the Proper��; (b� Ieasehold payments ar graund rents on �he Proper�y, if any; �c} premiums
<br /> far any an.d aZl insuran�e �equx�ed �y Lender under Section 5; ar�d �d} Mor�gage Insu��ance premiums, if any,
<br /> or any sums payable by Bair�rovc�e�r �o Le�.der in lteu of 1:he paymen� of Mortgage Insu�ance prexniums it�
<br /> accardanc� wit� �he pxov�s�ans af Sec�ion �Q. TheS� it�m� are cai�ed "Escrow ��ems." At orzgxna�i�n or at
<br /> any �im.e during �he term of �he Loan, Lender ma� �equire tha� Community Associa�ian Dues, Fees, and
<br /> 1Lssessments, if ar�y, be �scrowed by Borro�ver, an.d suc� dues, fees and assessments shali �e an Escrow I�em,
<br /> Borrawe� s��a11 pron�p�I� furnish �o Leilder a�l na�ices af amaun�s �o be paid u�ader ��is S�G�l.0I7, Ba�x�vsr�r
<br /> shall pay I�end��r�he Funds f�r F.scr�v�� T�ems unless Lender vvai�es l�orr�vv�r's o�lzga�ion�� pay�he Funds far
<br /> any ar al1 Escrovt� ��erns. Ler�der may vvaive �a�rower's ab�iga�zon �a pay �o Lender Funds for any or �.1�
<br /> Escrow I�cros a� any �ime, Any such �t�vai�e�r �may anly be in yv�ri�ing, Tn�he �ven� af such wa�ver, Ba��ravsret•
<br /> shall pay direc�ly, v�hen and where payable, the arnoun�s due fax any Escrow I�ems f�r �h�ch paymen� of
<br /> Funds has b�en waived b� Lender and, zf Lender requ��res, shall fu��nish �o Lende�r receipts evidencfn� such
<br /> payrnent wzthin such�ime periad as Lender rna�y requixe, Ba�rrower's obi�gat�on�o malce such paymcnrs and to
<br /> NEBRAS�CA-Single Farnily-FannieMaelFr�ddieMac UNIF�RM INSTRUMENT
<br /> Form 3�28'�14�
<br /> I�aser F�rms I�c,(SDD}446-3555
<br /> 1.F1#FNMA3�28 91�� Pag�4 of I3 Initials:� � �
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