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2� 15�759� Payments are deemed re��iv�d by Lender when received at the lo�ation designated in the No�e�r at such other loeativn as may be designated by Lender in aecordance with the notice pro�isions in Sec�ion 15. Lender may return any payment or partial payment if the payment or partial payments are insufficient t�bring the Loan curr�nt. Lender may acc�pt any payment�r partia�pa�ment insuff'icient to bring th� Loan current,without waiver nf any rights hereunder or prejudice�a its rights t�refuse such payrnent or partial payments in�he future,but Lender is nQt abli�ated�o apply such payments a�rhe time such payments are ac�epted. If each Periodic Payrnent is applied as of i�s scheduled due date,then Lender need nat pay in�erest on unapplied funds.Lender may hold such unapp��ed funds until Borrower makes pa}nnents t�bring the Loan current.If Borro�v�r does nat do s�within a reasonable peri�d of tim�,Lender sha11 either apply such funds ar return them to Borrv�er.If not applied ear�ier,such funds v�ill b�app�ied �o the outstanding principa�balance under the Note immediately priar to foreclosure.N�affse�or claim which Borrower might have novv or in the future against Lender shall relieve Borrower from making payments du�under the Na�e and this S�curity Instrume�.t or p�rforming the covenan�s and agreements secured by this Security Instrurnent. 2,A�plicatiart �f Payments or Proceeds. Except as a�herwise describ�d in this Sectian�, aIl payments a�cepted and app�ied by Lender sha11 be applied in the foll�wing nrder�f priarity: �a}interest due under th�Not�; �b}principal due und�r the Note; �c} am�unts due under S�ction 3. Such payments shall be applied to each P�ri�diC Payment in�he order in which it became due.Any r�maining amounts shall be appiied first to late�harges,secand to any other amaur��due under this S�curity Instrument, and then�a reduce the prin�ipal balance of the Note. If Lender recei�es a payment from B�rr�wer for a delinquent Periodic Payment whi�h inc�udes a suf�icient amount�o pay any�ate charge due,the payment may�e applied to the de�inquent payment and the late charge.If more than�ne Periodic Payment is outsta.nding,Lender ma�r apply any payrnent received frflm Borr�w�r t�th�repayment�f the Periodic Payments if,and�o the�xtent that,each payment car�be paid in ful�. To the e�tent that any excess exists after the payment is applied to the full payment of one or more Peri�di�Payments, su�h excess may b�applied to any late charges due.Voluntary prepaym�nts shall be applied first to any pre�ayment charges and then as describ�d in the Not�. Any applicati�n af payments,insurance proceeds,or Miscellan�aus Proceeds�o principal du�under the Note sha11 not extend or p�stpane the due date,or change�he amount,of the Periodic Payments. 3. Fu nds for Escror� Items. Borra�ver shall pay�o Lender on�he day Periodic Payments are due under the N�te,until the Note is paid in fu11,a sum�the f f Funds"}to provide for payment of amaunts due for: �a}taxes and ass�ssments and other i�ems v�hich can a�tain priarity�ver this S�curity Instrument as a lien or�ncumbranCe an the Property; �b}l�asehold payments�r ground rents�n the Proper�y,if any; �c)premiums for any and a11 insurance required by Lender under Section 5 a and�d}M�r�gage Insurance prern�ums,if any,or any sums payable by Borrovver to Lend�r in lieu af the payment�f Mortgage Insurance premiums in accardance with the provisions of Section 1�. These items are ca��ed"Escro�v Items."At originatian�r at any time during th�term af the Loan,Lender may require�hat Carnmunity Assoc�atian Dues,Fees,and Assessments,if any,be escrow�d b�Borrower,and such dues,fees and assessments shal�be an Escro�v Item.Borrawer shall promptly furnish to Lender all nflti�es of amounts to l�e paid under this Secti�n.Bflrrower sha11 pay Lender th�Funds for Escro�vv Items unles�Lender vva�ves Borrower's obligation t�pay th�Funds for any or all Escrov�Items.Lender may waive Box7ower's HCFG-oti3�s NEBRASKA-Single Famify-Fannie MaelFreddie Mac UNIFqRM 1NSTRLIMENT Form 3�25 11�'1 VMP� �3115 Wolters Kiuwer Financial Services �d151��9'15.�.2.3298-J�Q�50506Y Page 4 of 17' * 51522q'"