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2� 1 ��2937 the time such payments are accepted.If each Periodic Payment�s applied as af its scheduled due date, then Lender need not pay interest on unapplied funds.Lender may hold such unapplied funds until Borrower makes payments to bring the Loan current.If Borrower does not da so within a reasonable period of time,Lender shal��ither apply such funds or return them to Borrower.If not applied earlier, such funds wil�be applied t�the outstanding principal balance under the Nate immediately prior to foreclasure.No offset or claim which Borravver might have now or in the future against Lender shal�relieve Borrawer from rnaking payments due under the N�te ar�d this Security Instrument or perf�rming the co�enants and agreements secured by this Security Instrument. Z. Appl��at�on of Paym�nts �r Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be ap�lied in the following order of priority: �a� interest due under th�Note; (b}principal due under the Note; (c}amounts due under Section 3. Such payments shall be applied to each Periadic Payment in the order in which it hecame due.Any remaining amounts�hall be applied first to late charges, secand to any vther amounts due under this Se�urity Instrument, and then t�reduce the principal balanc�of the Note. If Lender receives a payment from Borrawer for a delinquent Periodic Paym�nt which includes a sufficient amount to pay any lat�charge due,the payment may be applied to the de�inquent payment and the late charge.If more than one Periodic Payment is outstanding,Lender may apply any payment recei�ed from Borrawer to the repayment af the Periodic Payments if,and to the ext�nt that,each payment can be paid in fu�l. Ta the extent that any excess exists after the payment is applied t�the fu�l payment af�ne or mare Periodic Payments, such excess may be applied to any late charges due. Voluntary�repayments shall be applied first to any prepayment charges and then as described in th� Nate. Any appiication�f payments, insurance proceeds, or Misc�ilaneaus Prc�ceeds t�principal due under the Note sha11 not extend or p�stpone the due date,or change the amount, af the Periodic Payments. 3. Funds for Escraw Items. Borrower shall pay t�Lender on the day Periodic Payments are due under the Note,until the Note is paid in fu�l,a sum(the "Funds"�t�provide for payment�f amaunts due for: (a}taxes and assessments and other items which can attain priority over this Security Instrument as a lien�r en�umbrance on the Praperty; (b} leasehold payments or graund rents on the Property, �f any; (c}prem�ums for any and all insurance required hy Lender under Section 5; and(d}Mortgage Insurance premiums, if any, or any sums payable b3�B�rrower to Lender in li�u of the payment of Mortgage Insurance premiums in accordance wit�i the prflvisi�ns of Sectian 1 D. These items are called "�scrow Items". At origination or at any time during the term of the Loan, Lender may require that Cammunity Assvciation Dues,Fees,and Ass�ssments, if any,be escrowed hy Barrower, and such dues, fees and assessments shall be an Escraw Item.Borrower shall prompt�y furnish t�Lender all notices of amounts to be paid under this Section.B�rrovver shall pay Lender the Funds far Escrow Items unless Lender waives Borrawer's abligatian to pay the Funds for any ar all Escrow Items. Lender may waive Barrower's obligation to pay to Lender Funds for any or all Escrow Items at any time.Any such wai�er may only be in writing.In the e�ent af such waiver,Borrawer sha11 pay directly,when and where payable,the amounts due for any Es�raw Items for which payment of Funds has b�en vvai��d by Lender and, if Lender requires, shall furnish to Lender receipts e�idencir�g such payment within such time period as Lender may require. BarroWer's abligation to make such payments and to provide receipts shall far all purposes be deemed to be a co�enant and agreement cantained in this Security Instrument,as the phrase "co�enant ax�d agreement" is used in Sect�on 9. If Borrower is obligated to pay Escrow Items directly,pursuant ta a wai�er, and B�rrower fai�s to pay the amount due for an Escrow It�m�Lender may exercise its rights under Section 9 and 22Dfl5959fi2 NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIFaRM INSTRUMENT Form 3D281101 �P� �8I2D15 Wolters Kluwer Financial Services 2�16031915.3.�.3406-N20151�19N Page 4 of 1 fi