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2� 15�7974 713�132775 944853 1. Payment of Principal, interest, Escraw Items, Prepayment Charges, and Late Charges. Barrower shall pa� when due the principal af, and interest an, the debt e�idenced by the Note and any prepayment charges and late charges due under the Note. Borrower sha�l also pay funds for Escrow Items pursuant to 5ection 3. Payments due under the Note and this �ecurity Instrument shall be made in U.S. curr�nc�. Howe�er, �f an�check or other znstrument rece��ed b�Lender as pa�ment under the Note ar this Security Instrument is returned to Lender unpaid,Lender may reyuire that any or all subsequent payments due under the Note and this Security Instrument be rnade in one or more of the following forms,as sele�ted by Lender: �a}cash; �b}money arder; �c}certi�ed check, bank check, treasurer's check or cashier's check, pro�ided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or �d} Electronic Funds Transfer. Payments are deemed recei�ed by Lender when recei�ed at the location designated in the Note or at : such other locatian as may be designated by Lender in accordan�e with the noti�e pro�isions in 5ection I5. Len�.er ma� return any pa3�ment Qr partial payment if the pa�ment or partial payments ar� insuf��i�nt to bring the Loan current. Lender may accept any payment or partial payment insuf�cient to bring the Loan current,without wai�er af any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply�uch payments at the time such paym�nts ar� accepted. If each Periodic Payment is appl ied as of its scheduled due date,then Lender need not pay interest on unappl ied funds.Lend�r may hold such unappl ied funds until Borrower makes payment to bring the Loan current. If Borrower does not do so within a reasonable period of time,Lender shali either appiy such funds or return them to Borrower. If not applted earl ier, such funds will be appl ied to the outstanding principal balance under the Note immediately prior to foreclosure.No ofFset or claim which Borrower mtght ha�e now or in the future against Lender shall relie�e Borrower from making payments due under the Note and this : Security Instrurnent or performing the co�enants and agreements secured by this 5ecuriry Instrument. 2. Application of Payments or Pro�eeds. Except as oth�rwise described in thls 5�ction �, a�� payments accepted and appl ied by Lender shall be appl ied in the fol lowing order of priority: �a}interest due under the Note;�b}principal due under the Note;�c}amounts due under 5ection 3. 5uch payments shall be . applied ta each Periodic Payment in the order in which it became due. Any remaining amounts shall be applied first to late charges, secand to any other amounts due under this Security Instrument, and then to reduce th�principal balance of the Note. If Lender recei�es a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due,the payment may be applied to the delinquent payment and the late eharge. If more than on�P�ri��ic Payment is autstanding,Len�.�r ma�apF�3�any payment rece�ved from Borrower to the repayment of the Periodic Payments if,and to the extent that,each payment can be paid in � full. To the extent that any excess exists after the payment is appl ied to the full payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments sha�l be applied �rst to any prepayment charges and then as described in the Note. " Any applicatian of payments,insurance proceeds,or Miscellaneous Proceeds to principal due under - the Note shall not extend or postpone the due date,or change the amount,of the Periodic Payments. 3. Funds for Es�raw Items. Borrower shall pay to Lender on the day Periodic Payments are due ; under the Note,until the Note is paid in full,a sum�the "Funds"�to provide for payment of amounts due for: �a}taxes and assessments and other items which can attain priority o�er this 5ecurity Instrument as a lien or encumbrance on the Property;�b}leasehold payments or ground rents on the Property, if any;�c}premiums far any and all insurance reyuired by Lender under 5ection 5;and�d}Mortgage Insurance premiums,if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums in accordance with the pro�isions of 5ection 10.These items are called"Escrow Items." At origination or a�any time during the term of the Loan, Lender may require that �ommunity Association Dues, Fees, and Assessments,if any,be escrowed by Borrower,and such dues,fees and assessments sha1l be an�scrow Item. �orrower sha�l promptly furnish to I�ender all notices of amounts t�be paid under this 5ection. Borrower NEBRASKA--Single Family--Fannie MaelFreddie Mac UNIF�RM INSTRUMENT � 338.25 page 4 of 1 S Form 342$1141 Modified for VA