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2� 1 ��2� 18 <br /> B�RR�WER C���NANT��hat Borr�tiver i��awful�y seis�d of th�estate her�by conveyec�and has the r��ht�o <br /> grant and�onvey the Proper�y and that�he PrQper�y �s unencumbered, except for encum�rance�of recard. <br /> B�rrov��r warra.n�s and w��l defend genera��y th�t�t�e�� the Pr�per�y aga�nst a�� cia�ms and demar�.ds, subje�t �o <br /> any encumbrances�f rec�rd. <br /> T��S SECUR�TY INSTRUMENT�ombin�s un�form co�enants for na�ianal use and nan-un�fflrm ca�e�an�s vv��h <br /> 1im��ed variatzons by jur�sd�ctinn�o canstitut�a unzfflrm security instrum�n�covering rea�pr�per�y. <br /> Unif�rm Corr�nants, Borr�wer and Lender covenant and agree as follavvs: <br /> �, Payment vf Princ�pal, lnter�st. Escrvw �te�msr Prepayment Charges, and Late Charges. Barrovver <br /> sha�l pay when due the pr�nc�pa�of, and in�erest o�, the deb�ev�denc�d by�he Note and any prepaymen� <br /> �harges and�at�charg�s due under the Nfl�e. Borro�ver s�.al� a�so pay funds for Escrow �t�ms pursuant�o <br /> Sect�on 3. Payments due under the N��e an�.this Se�ur��y �ns�rume�zt sha��be made in U.�. currency. <br /> Ho�ever, xf any check or�ther instrumen�rece�ved by L�nder a�payrnent u�der the No�e ar this �ecurity <br /> �nstrument xs return.ed to Lend�r unpaid, Lender ma�r r�quir�that an��r ail subsequent payxnents due under <br /> the Note and this Secur�ty �nstrument�e made �n one or more of the f��Iowing f�rm�, as select�c�by Len�er: <br /> �a}cash; �b}m�ney order; �c}certified check, bank ch�ck, tr�asurer's che�k or cashier's che�k, pr��ided any <br /> such check�s dra�n upon an institution v�has�depas�ts are�nsured by a federa� ager�cy, in�trumer��alz��r, or <br /> entity; or�d} �lec�ronic Funds Transfer. <br /> Pa�ments are deemed recei�ed by Lender wh�n recei�ed at�he lo�a�i�r�designated �n�he N�te�r at such <br /> ��her 1�cat�on as nlay be designated by Lender in accor�ance with th�not���provisi�ns �n Sectian �5, <br /> Lender may return any paymen�or partia.�paymen� �f the paym.ent or par��al payments ar�insuffic�en�to <br /> bring the Loan current. Lender may accep�any paymen��r par��a�pa�m.ent �nsuffi�ient to bring �h�Laan <br /> curren�, wi�hout waiver�f an�r r�gh�s hereun�ier or prejud�ce�o its righ��to r�fuse suGh pa�ment or par��a� <br /> payments in the future, bu�Lend�r is n��obl�gated to apply such payments a�the t�me such paym�n�s are <br /> accepted. �f ea�h Perxodic Payment is app��ed as of its scheduled due date, �hen L�nder n�ed not pa� �nterest <br /> on u�app��ed funds. L�nder rnay hold such unapp�zed funds un�i1 Borrower makes pa�ments to bring th� <br /> Loan�urren�, �f B�rrower d��s n�t do so within a reasonab�e per��d�f��me, Lender shall either appiy such <br /> funds ar return them to Borrov�er. �f n�� app�ied earl��r, such funds wi�l be app�zed ta the outstand�ng <br /> prine�pa�balanc�under the Note irnmedia��l�r prz�r t� f�recl�sur�. No�ffse�or c�azm whxch Borrav��r might <br /> have now or xn th�future against L�nder shall re��eUe B�rrawer frnm making pa�ments due und�r�h�N�te <br /> and this Secur��y Ins�rument or perf�rming the co�enar��s and agreemen�s secured b�this Security <br /> Instrum�n�. <br /> 2. Applicatian vf Payments or �'r�ce�ds. Exc�pt as otherwise dts�ribed�n thzs S�Ct�on�, aIl paymen�s <br /> accep�ed and app��ed by Lender sha1�be appl�ed�n the fallowing�rder�f pri�rity: �a} �nterest due under the <br /> No�e; �b}pr�nC�pa� due under�he No�e; �c} amaunts due und�r Sect�on 3. Such pa�m�n�s s�a��be app�ied to <br /> each Periadic Payment�n�he arder�n which it beca�me due. Any remaxning amaunts shall be appli�d firs�ta <br /> �ate charges, se�nnd�o any��her amaunts due under this Se�uri�y �nstrument, and�hen to reduce�he <br /> principa�balance�f the Note. <br /> If Lender receives a pa�ment from Barrawer for a deiinquent Periodi� Payment wh�ch includ�s a suf�cze�t <br /> amount to pay any �a��charge du�, the pa�m.�n�may be app�ied to �h�de��nquerzt paym�nt and�he�ate <br /> charge. �f mor�than nne Periodic Payment�s ou�s�anding, Le�der may apply an�paymen�r�cezved from <br /> Borro�ver�a th�repaym�.ent af the Periodic Paymen�s if, and�o the extent�hat, each payment can b�paid in <br /> fu��. To the�xt�nt that any excess�xis�s af�er the payment is app�ied to�he fu�l payment af one or m�re <br /> P�r��d�c Pa�rments, such excess may be app��ed to any la�e charg�s�u�. Voluntary pr�paym�nts sha�� b� <br /> app�z�d f�rst�o a�r�y prepayment charges and�hen as descr�bed in the Note. <br /> N�BRASKA-Singl�Family-�annie MaelFreddie Mac L1NIF�RM iNSTRUMENT Form 3�28�10� <br /> VMP Q VMPfi{N�3�13Q2y <br /> Walters K luwer�inanciaE 5er�ic�s Page 4 af 17 <br />