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2� 1 ��3�21 whose deposits are insured by a federal agency, instrumentality, or entity; or(d�Eiectronic Funds Transfer. Payments are deemed received by Lender�vhen recei�ed at the Iocation designated in th�Note or at such other Iocation as may be designated by L�nder in accordance with the notice pro�isions in Section 1 S. Lender may return any payment or partial payment if the payment or part�al payments are insufficient to bring the Loan current. Lender may ac�ept any paym�nt or partial payment�nsufficient to bring the Loan current,without waiver of any rights hereunder�r prejudice to its rights ta refuse such payment or par�ial payments in the future,but Lender is n�t ob�igated t�apply such payments at the time such payments are accepted. If each Peri��iic Payment i�appl�ed as of its scheduled due date, then Lender need n�t pay interest on unapplied funds. Lender may hald such unapplied funds unt�l Borrovver makes payments to bring the Loan current. If Barrower d�es not do so vvithin a reasonab�e per�od of time, Lender shal�either apply such funds�r r�turn them to Borrower. If n�t applied earlier, such funds will be applied ta the outstanding principal balance under the Nate �mmediate�y prior to foreclosure.No offse�or cla�m which Borrawer rnight ha�e now or in the future against Lender shall reiieve Borrower from making payments due under the Nate and this Security Instrument or performing the covenar�ts and agreements secured by this Security Instrumen�. 2. Applicat�on of Payments or Proceeds. E�cept as otherwise described in this Section Z, all payments accepted and applied by Lender shall be applied in the following order of priority: �a} interest due under the Note; �b}principal due under the Note; �c�amounts due under Section 3. Such paymer�ts shall be app�ied to each Periodic Payment in the order in vvhiCh it became due.Any remaining am�unts shall be appl�ed first to late charges, second to any other amaunts due under this Security Instrument, and then to reduce the principa�balance of the Note. If Lender receives a payment from Borravver for a delinquent Periodic Payment which inc�udes a su�cient amount to pay any late charge due,the payment may be applied to the delinquent payment and th� �ate charge. If more than one Periodic Payment is outstanding,Lender may app�y any payment recei�ed from Borrower to the repayment of the Periadic Payments if, and to the e�tent that, each payment can be paid in ful�. To the ext�nt that any excess ex�sts after the payment is applied to the full payment of one or more Periodic Payments, such excess may be applied to any�ate charges due. Voluntary prepayments shall be app�ied first to any prepayment charges and then as desCribed in the Nate. Any app�icatian of payments, insurance proceeds, or Miscellanenus Proc��ds to principa� due under the Note sha11 not extend or postp�ne the due date, or change the amount, of the Periodic Payments. 3. Funds for Escrow ltems. B�rrower shal�pay ta Lend�r on the day Periodic Payments are due under the Note,Ll�'ltil t�l�N4t�15�7a1C�lI1 fUl�, a sum (the "Funds"}to provide for payment of am�unts due for: �a�taxes and assessments and other items which can attain pr�ority over this Security Instrument as a lien or encumbrance on the Pr�pert�; [b} leasehold payments or ground rents an the Property, if any; �c}premiums for any and aII insuranc�required by Lender under Sectian 5; and(d}Martgage Insurance premiums, if any, ar any sums payable by Borrower to Lender in l�eu �f the payment af Mortgage Insurance premiums in accordance with the pro�isions of SeCtifln �U. These items are cal�ed "Escrow Items." At origination or at any time during the term of the Loan, Lender may require that�ommunity Association I]ues, Fees, and Assessments, if any, be escrowed HCFG-00359 NEBRASKA-5ingle�amily-Fannie MaelFreddie Mac LINIFQRM INSTRUMENT Farm 3�28 11�1 VMP� 10I15 Wolters Kluwer Financial Services ��'ffi050415.3.2.35�9-J2D151�3flY Page 4 of 17 *7926977� 15'`