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2� 1 �� 1492 B�R.R�,"WER��VENANTS that Borraw�r�s �a�fu��y �eis��.�f t��est��h�r�by�an��ed a�d�as �he zig�t to grant an�.con�v�y the Proper�y and that the Property is unencumb�red, �xCept for encumbrances of record. Borrow�r�varran�s and wi�� defend g�neral�y the�itle ta the Prop�r�y against aI� claims arid demands, sub�ec�to any encumbra�c��af record. TH�S SECURITY �N`STRUMENT combines un�form�ovenants far na�ional use and nonwun�form�o��nants vvzth ��mited varia�ians by jur�s�ic�ion�� cons�itute a unifnrm security instrumen�covering rea�pr�per�y. Unifarm �o�enants. Borrower and Lender co��nan� and agree as f�llows: �, Payment Qf Principal, Interest, Escrv►n► ftems, Prepayment Charges, and Late Gharges. Borrower shall pay�vhen due�he pr�ncipal �f, and in�er�st an, th�d�bt evidenG�d b�the Note and any prepayment charges and xa��charg�s due un�er th�No��. Borrawer�ha�� a��o pay funds for�scrov� ��en1s pursuant�� ��tinn 3. Payments due und�r the Note and�his 5ecurity �ns�runlen�shall be made�n U.S. �urrenc�. Hawe�er, if any check or a�her�nstrum�nt received�y Lender as payment under the Note or th�s Securi�y �nstrumen�is r��urned t� L�nder unpaid, L�nder may requ�re tha�any or a�� subs�qu�nt payments due under the N��e and this Security Ins�rument he made zn one ar more of the f�llowing f�rms, as sele�te�.by Lender: �a}cash; �b}m�ne�r order; �c}cer�if��d check, ban�check, �reasurer's check or Cashxer's ch�ck, pr�vided ar�y such check�s drawn upon an ins��tuti�n whos�d�pos�ts are insured b� a federal agency, �nstrumen�a�.x�y, ar enti�y; or�d} ��e��ronic Funds Transf�r. Paymen�s ar�deerned received by L��der when recei�e�i at the l�ca��an des�gnated in th�Nate�r at su�h �ther�o�ation as may be designat�d by Lend�r�n accardance w�th the not�c�provisions in Sec�ion �5. Lender may return any pa�ment or par�ial payment if�he paym�nt or par�ial paymen�s are�nsuffici�n��o bring the Loar��urrent. L�nder may accept any paymen�or par�ial payment insuff��en�to br�ng the Loan current, with�u�vvaiver of any r�gh�s hereunder or prejud�ce to i�s rights to refuse such payment or part�al payments in the future, but Lender is na�abligat�d t� apply such payments a�the time such paymen�s are accep�ed. �f each Per�odic Paymen�is app�ied as af��s �chedul�c�du�da�e, �hen Lender need not pay inter�s� o�a unapp��ed funds. Lender may h��d such Unapplied funds ur�til Borr��r makes payments to bring the L�an�urr�n�. �f B�rrower does riot do s�vvi�hin a r�asonab�e per�od of time, L�nder sha�� e�ther app�y such funds or r�turn them to Borrower. If not app�zed earlier, such funds v��be applie��o the au�stand�ng princ�pa�ba�ance under the Note�mmediately prxor to forecl�sure. No offse�or claim which Borrower migh� ha�e naw or�n the fixture agains�Lender shall r��re Borrower from making paymen�s due und�r the Nate and this Secur�ty�nstrument or perfarm�ing the c��enax�.�s and agr��ments secured by th�s S�cur�ty Ins�rument. �. App�ication af Payments or Pr�ceeds. E�cept as oth�rvvise described in�h�s Se�tion�, a��pa�m�nts accepted and appli�d by Lender sha��be app�ied in�he fallowing arder af pri�rit�r: �a� interest due under�h� Note; �b}pr�nc�pai�ue under the Note; �c} amaunt� �ue und�r Sec�ion 3. Such pa�rnen�s shaX�be app��d�� �ach Periodi�Payment in the arder�n which��became due. Any remaining amoun�s sha�l b�appl�ed first tQ late charges, secand to ar�y��her amounts due under this Secur�ty �ns�rument, and then to reduc��he pr�nc�pal balance�f��.e No�e. �f Lender re�eives a paymen�from Borrower f�r a de�inquen� Periodic Payment wh�ch includ�s a sufficxer�� amoun�to pay ar�y late charge due, the payment may be applied�o the delinqu�nt paymen�and the�ate charge. If more tha�one Peri�d�c Payn�ent�s out��and�ng, Lender may apply any payme�t rece�ved fr�m B�rrower ta �he r�paym�nt�f the Period�c Payments if, an�ta�he ex�en�that, each payment can be pa�d in ful�. To the extent tha�any excess e�ists after�he payment�s appxied�o th�full paymen�af Qn��r more Peri�diG Payments, su�h e�cess may be app�ied to any �ate charges due. Valuntary prepaymen�s sha��be app�ied�rst ta any pr�pa�ment charges and then as d�scribed �n the�ote. NEBRASKA-5ingle Family-Fannie Mael�reddie Mac UNIF�RM iNSTRUMENT Farm�428 11�1 VMP a VMP�(NE7�13�2� Wolters K[uwer Fi�ancial 5er�ices Page 4 vf 17