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. 2� 1 ��2�� THIS SECURITY INSTRUMENT cambines unifor�n Covenants f�r national use and non�unifarm cavenan�s with � limited�ariations b}�jurisdiction�o cons�itute a uniform security instrument covering real pr�per�y. U NI F�Ri�I ��V E NANTS. Barrower and Lender co�enant and agree as follows: 1. Paym�nt of Principal, Interest,Escraw Items,Prepayment Charges,and Late�harg�s. BorrovWer sha11 pa}�when due the principal of, and interest on, �he deb�e�idenced by the Note and any prepayment charges and late � charges due under�he Note. Borrower sha11 alsa pay funds far Escrow�tems pursuan�to Sec�ivn 3. Payments due �� ' 1 e made in U.S. currenc . Howe�er if an �heck or othe• �.�� under the Nafie and this Secur�ty Ins�rument shal b y a Y ,� ins�rument recei�ed by Lender as paylnent under the Note or this Security I.nstrum�nt is re�urned to Lender unpa�d, Lender may require that any or a�1 subsequent payments due under the N��e and thxs Security I.nstrumen�be made in one or mare of the fa�lovWing forms,as s�lected by Lender: �a�cash;(b}money order;�c}cert�fied check,bank chec�, treasurer's check or cash�er's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumenta�ity, or en�ity; or�d)Electr�nic Funds Transfer. Payments are deemed r�ceived hy Lender when r�cei�ed at th�locat�on designa�ed in the Nate or a�such other l�catian as may be des�gnated by Lender in acc�rdance w��h the notice pro�isi�ns �n Sec�ion 14. Lender may return an}�payment or par�ial pay�nent if the payment or par�ial payments are insufficien�#fl bring the Laan curren�. Lender may accept any payment ar partial payment insufficient �o bring the Loan current, without v►�ai�er of any rights hereunder or prejudice ta �ts righ�s to refuse such pa}�ment or partial payments in the future, bu� Lender is not obligated to apply such payrnents at the time such payments are accepted. Tf each Periodic Payment is applied as of its scheduled due date,then Lender need nat pay interes�on unapplied funds. Lender may hold such unapp�ied funds un�i1 Borrower makes payment to hring the Laan curren�. �f Borrav�er does nat d� so within a reasonab�e period of time, Lender sha�l either apply such funds or return them to Borrower. ��f no� applied earlier, such funds wil� be applied to the autstanding princ�pal balance under the No�e imrnediately pr��r �o foreclosure. Nfl offse� ar claim which Borrower might have now or in fihe future against Lender shall relie�e Barrawer from making payments du� under the Nate and this Security I.nstrument or perform�ng�he co�enants and agreements secured by this Securit}� �nstrument. 2. Application of Payments or Praceeds. Except as otherwise des�ribe� in this Sec�ion 2, all payments accepted and appl�ed by Lender shall be applied in the follovWing �rder of priorify: �a} interest due under the Note; �b}principal due under the Nate; �c�amounts due under Section 3. Such payments shall be applied to each Periodic Payment�n the order in v►�hich it became due. Any remaining a�r�ounts shall be applied first�0 1a�e charges, sec�nd . to any other a�r��unts due under this 5ecurity Ins�rurnent,.and then to reduce the principal balance af the Note. If Lender recei�es a payment fr�m Barrower far a delinquent Peri�dic Paymen� which includes a sufficient amount to pay any late charge due, the payment rnay be applied to the delinquent payment and the late charge. If more than �ne Periodic Payment is outstanding, Lender may appiy any paymen� received from Borrawer to �he repayment�f the Peri�dic Payments if, and ta the exten�that, each paymen�can be paid in fu11. To the extent tha� . any excess exists a#�er the payment is appiied to the full payment of ane vr more Peri�dic Pa�ments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first t�any prepayment charges and then as described in the Note. An� appl�cation of pa}�ments, insurance pr�ceeds, ar Miscellaneous Proceeds to principal due under the Note shail not extend or postp�ne the due date, or change the amaun�, af�he Perioda�Paymenfs. 3. Funds for Escraw Items. B�rrower sha1�pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in ful1, a sum (the "Funds"}to pro�ide for payment of amounts due far: �a�taxes and assessments and other items wh�ch can attain priority ��er�his Security Instrurnent as a lien or encumbrance an the Property; �b�leaseh�ld payments or ground rents on the Property, if aray; and�c}prem�ums far any and aIl insurance � required by Lender under Se�tion 5. 'These items are ca�led "Escrow Items." At origina��on or at any tv�ae during �he term of the Loan, Lender may require that �ommuni�y Association Dues, Fees, and Assessments, if any, be escrowed hy Borrower, and such dues, fees and assessments �hal� be an Escrnw Item. Borrower shall promptly furnish to Lender all natices of amounts to be paid under this 5ection. Borrower shall pay Lender�he Funds for Escrow�tems un�ess Lender wai�es Borr�wer's ob�iga�ion ta pay the Funds for any ar a�l Escrow Items. Lender may NEBRASKA-Sing�e Famiiy-IJNIFQRN! INSTRUMENT Dacll��lc M�DI FIEi] FaR DEPARTMENT 4F VETERANS AFFAI RS - MERS www.d�cmagic.com {Rev. 1101} Qage 4 of 14 . . �