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2� 1 �� 1 �74 BflRR��VER��VENANTS tha�Borrower�s�awfully seised�f the esta�e hereby conv�yed and has the r�ght�n grant and con��y the Property and�hat�he Property is unencumbered, excep�for en�umbrances af r��ord. Borr�vver warrants and wi�l def�nd genera��y�he titl�t� �he Proper�y against a�I claims and demands, subjec�t� any encumbrances af recard. THIS�E�URITY INSTRIIMENT�omb�nes un�form ca�enants for natinna�use and nnn-uniform co�enants w�th limite�var�atians b�jurisdic�ion ta consti�ut�a unzf�rm security ins�rument co��r�ng rea�property. Uniform Cfl�enants. Borr�u�er and L�nder co�enant and agree as fallows: 'i. Paym�nt vf Principal, Interest, Escrow �terr�s, Prepayment Charges, and Late �harg�s. Borrow�r ,�hall pay v�hen due the prin��pa��f, and�n�er�st on, th�deb�evidenced by the Note and any prepayment Gharges and la�e charges due under the N'�te. Borrower sha�� a�so pay funds for Escrow Items pursuant to Sectinn 3. Paym�nts due under the Nate and�h�s Security Instrum�nt sha�l be made �n U.S. �urrency. However, if any check or other ins�rumen�receiv�d hy Lender as payment un�er the No�e or th�s Security �nstrumen� �s returned�o Lender unpa�d, Lender may require�hat an��r all subs�quent payments due under �h�No�e and�his Secur�ty �nstrumen�be made in�ne or n�ore of�he fo��av�v�ng forms, as s�lect�d�y Lender: �a�cash; ��} money order; �c} c�rtif�ed check, ban�check, �rea�urer's check flr cash�er's che�k, pra��ded any �u�h che�� is drawn upan ar� ins�itu�ion whose depflsits are insur�d by a federal agency, znstrumentality, ar entity; or�d} E�ec�ron�c Funds Transfer. Payments ar�deemed r�ce�ved by Lender when received a��h��acati�n d�signate� in�he Note�r at such �ther l�catzon as may b�de��gnated by Lender in accardance w�th the not�ce pro�xs�ons �n Section �5. L�nder rnay re�urn ar�y payment or part�a� payment if�he payrnent or par�ia�paymen�s ar�insufficient�� br�ng�h�L�an curr�nt. Lender may accept any payment or part�a�pa�ment insuf��ient t�bring�he L�an curren�, w��haut wazver af any rights hereunder ar prejudice to its rights to refuse such paymen�or part�ai payments �n�he futur�, but Lender is na��bligated to apply such payments at the�ime such payments ar� accepted. If each Periodi� Paym�nt �s appl�ed as of its schedul�d due date, then Lender ne�d no�pay interest an unapplied funds. Lender may ha�d such unapplied funds unt�1 Borrower makes paym�nts to bring the Loan current. If Borr��ver does n�t da sfl w��hin a reasonab�e per�od❑f��rze, L�nder shall �ither app�y such funds or return thern�o Borrawer. If not app��d�ar��er, such funds wi�� be appi�ed to the�utstar�ding pr�nc�pa�ba�ance under the Nate immediately prior to for�Glasure. No offset ar c�ain�wh�ch Borrower might have nour or in the future aga�nst L�nder shal� re�ieve B�rro�ver from making pa�rm�nts due under the Note and this Securit� �ns�rum.ent or performing�he cavenants and a�re�men�s secured by this Securi�y Instrument. 2. App�icatian of Payments o� Proc�eds. Excep� as oth�rwise descrzbed �n�his S�ctzon 2, al�paymen�s accep�ed and app�ied by L�nder�hal�be app�ied in the fall�wing arder of priorit�: �a} �nteres�due under the N�te; �b}pr�ncipa� due und�r the Nate; �c} amounts due un��r Sec�ion 3. Such payment� sha�l be app��ed ta each Periodzc Payment�n the order in which i�became due. Any rema�n�ng amounts shall be applied f�rst�a late charg�s, second to any other amounts due under this Security �nstrument, and then to r�duce�he pr�nc�pal balance�f th�Nate. �f Lender receives a paymen�fr�m B�rrower for a de�inqu�nt Periadic Payment which �ncludes a sufficzent amount tfl pay any late charge due, �he payment may be app��ed t��he de�inquen�payment and the�a�e charg�. If more thar�one Per�od�c Payment is outstanding, L�nder may app�y any paym�nt received from Barrow�r to�h�r�paymen�of the Period�c Payments if, and�o the�xten�tha�, ea�h paymen�can be pa�d in full. Ta the extent that any ex�ess ex�s�s after the payment i� app�ied to the full payment of one�r m�re Periodic Payn-�ents, such excess may be applied to any la�e charges du�. Voluntary prepayxnents sha�l be applied first to any prepaymen�charges and then as descr�bed in�he No�e. NESRASKA-Si�gte�amiEy-Fan�ie MaelFreddie Mac UNl�DRM INSTRLJM�NT Form 3028�IQ7 VMP Q VMPfi{N�7('t 3a�� WoEters Kl�wer Fir�ancial 5er�ices Page 4 af�7