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��1 5�7�� B�RR�WER�C)VEI�IAI�TS�hat Barra��r is lawful�y seised af�he�state here��con�eyed and has the r�gh�ta grant and conve�the Prapert� and�hat the Proper�y is un�ncumbered, �xc�pt for encumbrances of re�ord. Bflrrawer warran�s and�vill defend generally the�it1e ta the Fraper�y against a�i claims and demands, subject to any encumbrances af record. T��S SE�UR�TY INSTRUMENT cambines uniforrn c��en�n��f�r na�ionai use�nd non-unif�rm�o�enan�s with I�m��e�variatiQns by jur�sd�ct�an ta cons�itute a un�forn-�.secur�ty instrument covering real prop�rty. Uniform Ca�enants. Borrower and Lende�ca�enant and agree as fol�ows: 1. Payment af Prin�ipa[, �nterest, Escrow items, Prepaym�nt C�arges, and Late Charges, Borrower �ha�l pay when due the principal af, and interest�n, the debt evidenced by the �o�e and any prepayment �;harges and la�e charges du�under�he No�e. Borrow�r shall aiso pay funds for Es�row �tems pu�suan�tfl Section 3. Paymen�s due under the No�e and�h�s Secu�r�ty�nstrum.ent shall be rnade in U.S. curr�ncy. How�v�r, if any check or othe�r�nstrument rec��r�d by Lender as paym�n�under th�Na�e ar this S�cur�ty �nstrument�s r�turned ta Lender unpaid, L�nder may requir�that ar�y ar a��subs�qu�nt payments due und�r �he Note and this Security Instrutnent b�mad��n one ar rnor�af the fa��awing farm�, as select�d by Lender: �a}cash; �b}m�n�y�rder; ��}c�rt�fied ch�ck, bank check, t�easurer's check or cashier's�heck, provid�d any su�h ch��k is drav�►rn up�n az�.�nst�tut�an wh�se depasits are insured by a federal agency, instrumenta�it�, ❑r en�i�y; nx�d} E��ctronzc Funds Transfer. Payments are de�med received�y L�nde�when r�c�iv�d at th�l�cati�n des��nated�za the No�e or a�such o�her�ocation as may be designat�d by Lender�n accordance w�th the natzce provi�ians in Sect�on 15. L�nder may r��urr�a.r�y paym�r�t or par�ia�pa�rmen��f the ga�rment ar partial payments are insuffiGien�ta bring the Laan current. Lender ma�accept any payment or partia�pa�ment insuffcie��t ta bring the Loan current, w�thout wai��r of any rights hereunder or prejudice to its rights to reius�such paymen�ar par�ia� payments in�he future, but Lender is nat abligated ta apply su�h pa�men�s at�he�ime such payments are ac��pted. �f each Periadic Payment is appiied as of its schedul�d due date, th�n Lender need not pay interes� an unapp�ied funds. L�nd�r may hold such unapp�ied funds until �arrower ma.�es pa�rments�o br�ng�he Loan current. If B�rr�wer d�es no�d�sa with�n a reasonabie per�ad of t�me, L�nder shai�eith�r apply such funds or return thein to B�rrower. IC n��app��ed�ar��er, such funds vvili be appiie�l to�he outstanding principa�baiance under�he Note�mmediately prior to foreciosur�. �o offset or�lazm whi�h Borr�wer might ha�e now or�n �he Future aga�nst Lender sha�l retie�e Borrower from rnaking paymen�s�.ue un�er the Note and�h�s Securi�y�nstrument�r p�rf�rming th�coWenants and agre�men�s secured�y this 5ecur�ty Ins trument. �. App�ica#ion af Payments vr Praceeds, Except as otherw�se descr�bed in this Se�tion�, all paymen�s a�cepted and app��ed b�r L�nde�shall be app�ied in the following order af prior�ty: �a}znter�st due un�er the Nate; �b�pr�ncipai due under the Nate; �c�amounts�u�under Se�tion 3. Such payments shall be app��ed.to ea�h Periodic Pa�m�nt in the arder in whi�h i�be�am�du�. Any r�ma�ning amaunts shal�be app��ed fir�t ta iate charges, s�cand to any�ther amounts due under thzs Se�ur�ty �n�trument, and then t�reduce the principal balance af�he Nate, �f Lender rece��es a payrn�n�f�rom Borraw�r fQr a delinqu�nt P�riodic Pa�rnent wh�Gh in�lud�s a suf�zc�en� am�u�t�o pay any late charge due, the paym�nt may be applie�.�o the de��nquen�payxnent and the late charge. If m�r�than on�P�riodic Payment�s auts�and�ng, Lender n��.y appl�an�payment recei�ed from Borr�wer�o the r�payment af�he P�riodic Payments if, and t�th�ex�ent that, each payment can be paid �n full. T��he ext�nt that any excess exi�ts after the pa�ment is applied t❑th�full pa�men�of one ar more Per�odic Paymen�s, such excess rnay be applie�l to any�ate charges du�. Voluntar�pr�paym�n�s shall be appl��d fzrst to an�prepa�rnent�harges and�hen as described in�he No��. NEBRASKA-5i�r�le Fami[y-Fannie MaelFreddie Mac llNIFQRM iNSTRUM�NT Farrrt 3028 110� VMP� VMP6SN�1 t13a�f Wc�t�ers Kl�wer Fina�ciai Ser�ices Page 4 vf 17