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2� 1 ��2832 <br /> to bring the Loan current,without waiver of any rights hereunder or prejudic�t�its r�ghts to refuse <br /> such payment nr partial payrnents in the future,but Lender is nat obligated to apply such payments at <br /> the time such payments are accepted. If each Per�odic Payment is applied as nf its scheduled du�date, <br /> then Lend�r need nat pay int�rest on unapplied funds.Lender may hold such unapplied funds until <br /> Borrovver makes payments to bring the Loan�urrent. If Borrower does not do so within a reasonab�e <br /> period of time,Lender shall eith�r apply such funds or return them to Borr�wer.If r�at applied�arlier, <br /> such funds will be app�ied ta the autsta.nding pr�ncipal balance under the Note immediately prior <br /> to foreclosure.No�ffset or claim which B�rrower might ha�e now or in the future against Lender <br /> sha11 relie�e Barr�wer from making payments due under the Note and this Security Instrument�r <br /> performing the c�venants and agreem�nts secured by this Security Instrument. <br /> 2. Application of Payments or Pr�ceeds, Except as otherwise described in this Sectian�, <br /> al�payments accepted and applied by Lender shal�be applied in the fol�ov�ing order of priority: <br /> (a}interest due under the Note; (b}principal due under the Note; �c}amounts due under Section 3. <br /> Such payments shall be applied to each Feriodic Payment in the order in which it became due.Any <br /> rernaining amounts shall be appl�ed first to late charges, second to any other amaunts due under this <br /> Security Instrument,and then to reduce the principa�balance of the Note. <br /> If Lender receives a payment from Borrower for a delinauent Periodic Payment which inc�udes a <br /> sufficient amount to pay any late charge due,the payment may be applied to the delinquent payment <br /> and the late charge. If more than one Periodic Paym�nt is outstanding, Lender may apply any payment <br /> received from Borrower to the repayment of the Periodic Payments if, and to the extent that,each <br /> payment can be paid in full. To the extent that any exc�ss ex�sts after the payment is applied to the <br /> full payment of one or more Per�odic Payments, such excess may b�applied ta any late charges due. <br /> Voluntary prepayments shall be applied first ta any prepayment charges and then as descrihed in the <br /> Note. <br /> Any application of payments, insurance praceeds, or Miscellaneous Proceeds to pr�ncipa�due under <br /> the Nate shall not extend or pastpone the due date, vr change the amount, of the Periodic Payments. <br /> 3. Funds for Escr�w Items. Borrower shall pay ta Lender an the day Feriodic Payments are <br /> due under the Note,until the N�te is paid in fu�l,a sum�the "Funds"�to pro�ide for payment of <br /> amounts due for: (a}taxes and assessments and oth�r items which ca.r�aitain priority over this Security <br /> Instrument as a lien or encurnbrance on the Praperty;�b} leasehold payments or graund rents an <br /> the Property, if any; �c}premiums f�r any and all insurance requ�red by Lender under Section 5; <br /> and(d�Martgage Insurance premiums, if any, or any sums payahle by Borr�wer to Lender in Iieu <br /> �f the payment of M�rtgage Insurance premiums in accordance w��h the pravisions af Section 1�. <br /> These items are cal�ed "Escr�w Items". At ar�gination or at any time during the term of the Loan, <br /> Lender may require that Cammunity Associatian Dues, Fees, and Assessm�nts, if any,he escrowed <br /> by Borrower, and such dues, fees and assessments sha�l be an Escrvw Item.Borrawer shall prompt�y <br /> furn�sh to Lender all notices of amounts to be paid under this Section.BQrrower shall pay Lender the <br /> Funds f�r Escrow Items un�ess Lender waives Borrower's�hligat�on to pay the Funds for any or all <br /> Escrow Items. Lender may wai�e Borrower's obligation to pay to Lender Funds for any�r all Escrow <br /> Items at any time.Any such waiver may on�y be in writing. In the e�ent of such wai�er,B�rrower <br /> shall pay direct�y,when and where payable,the amounts due for any Es�row Items for which <br /> payment of Funds has been waived by Lender and, if Lender requires, shall furnish to Lender receipts <br /> eviden�ing such payment within such time period as Lender may require.Borrower's obligatian t� <br /> make such payments and to pr��ide receipts shal�for al�purposes he deemed to be a c�venant and <br /> agreement contained in this 5ecurity Instrument, as the phrase "co�enant and agreement" is used in <br /> z3oa4��z3z <br /> NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIFDRM lNSTRUMENT Fvrm 3028 11�1 <br /> VMP� 08l2015 <br /> Vllaliers Kfuwer Financial Services 2�16D421'ifi.1.�.345�-N2a1510'i 9N Page 4 af 1 fi <br />