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2� 1 ��3912 vWhase deposits are insured by a federal a�ency, instrume��tality, or�ntity; or�d} Electrot�ic Funds Transfer. Payments are deem�d recei�ed by Lend�r vvhe�� -ecei�ed at�he Iocatian designated in the No�e or at such o�her �ocafioY� as may be d�sigr�ated by Lender in accordatice wit��l�e t�otice pro�isiot�s it� 5ectia�� 15. Lender may return any payir�e��t or partial pay�nent if tl�� payment ar partial payme��ts ar-e insufficiei�t to bring tl�e Laar1 curren�. Letlder inay acc�pt any payinet�t�r�ar�ial payrnent insiifficie��t �o bri��g tl�e Lnan curre��t, �vithout wai�er of az�y rights hereu��d�r or�re j ud i ce to its ri�I��s to refuse su�h paytnent nr partial payments in�l�e fut��re, but Lender is not ob�igated to apply suc�� payinen�s at �he�ime such payments are accepted. If each Period�c Payment is applied as of its sche��led d��e date, the�z Lender need n�t pa� in�er�st on unapplied funds. Le��der inay ��old such unapplied funds u��til Borrower rnakes paymer�ts to brii-�g the Loatz c�.irrent. If Bflrrower does i7ot do so withiti a reaso��able period af time, Le��der slial l eit��er apply sue�� fut�ds or retur�� t�1e�n to Borrower. If»ot appl i�d earl ier, such funds will be applied to the outs�andi��g principal balance ur�der�he Note �mrnediately pri�r ta foreclosure. No affse�or clairn rn�hicl� Borrower�nigl�t l�a�e ��ow ��- �n t��e f�ztG�re agaij�s� Le��der shall relie�e Borrawer fr��n makit�g payrne��ts due ut�der tl�e Note at1c�tl7is 5ec�.irity I��str�irr�et�t or performing the co��nants and agree�nez��s se��zred by t��is Sec��rity l��strut�nei��. 2. App�icat��n of Payments or Pr�c��ds. E��cept as otherr�vise described �t� t��is Sectiar�2, al1 pay�nents accepted and app 1 i ed by Lend�r sl�al 1 be ap�l ied i n the foi lowi ng order o f priority: �a} interest due under t�ze Note; �b} principa� due u��der t��e Not�; �c} atno�r��ts dtie �l��der 5ectia�� 3. . Sucl� payments sha11 be applied ta each Periadic Payinent in tl�e order it1 wl�ici� it beca�r�e d�ze. Any remainin�a��nounts shall be applied first to late cl�ar�es, second ta ar�y �thet•amounts d�re �inder t��s Security I��strument, and the��to reduce t��e Uri nci pal bal at�ce o f'tl�e N�ie. If Lender recei��s a payir�et�t fro�r� Borrow�r for a delinauer�t Yeriodic Payment whicl� incl��cies a sG�fficie��t atr�ount t� pay a��y late cl�arge d��e,tl�e pay�nent may be applied to the deli��q�ie��paymei�.t and the late charge. If�nore t��a�� ne Period�c Payinent is outs�a��ding, Lender�nay app�y any payt�ent recei�ed fr�m Borrovver to the �epaymex�t�f t��e Periodic Payme��ts if, and to the�xtent that, eacl� pay�n�nt can be paid i�� ful l. To the extent that any excess exists after the pay�nent is appl�ed to the full payinen�of ar�e ar m�r� Periodic Paytnet�ts} ��cl� excess tnay be applie�d to a��y late charges due. Volu�ztary prepayinents sha�l be app�ied first to ar�y prepaytnent charges a��d t��en as described i��the N�te. Any app�ication of pay�net�t�, i��sura��e proceeds, or Misce�la��eo��s I'roceeds to pri��cipal due under the N�te sl�al� not extend �r pos�po��e tl�e d��e date, or�l�a��e t��e am��r�t, of tl�� P�i-iodic Paym��ts. 3. Funds for Escrow Items. Borrower shall pay �o Le�7der�r�t��e day Neriodic I'ayments are du� ut�der t��e Note, unti�the Note is paid in fi�l�, a surn �th� ``F'zcjzcls"�to pro�ide for paymet�t of amflut�ts due f�r: �a�taxes a��d assessments a��d other i�ems which can attain pr�ority o�er tl�is Secur�ty Instrument as a lien or er�c«mbrat�ce ai� the Proper�y; �b} leaseh�ld pay�nen�s or gro��nd rents o�� ti�e Pr�perty, if any; �c� pr•�rni«ri�s for a��y ai�d all ir�s�.�rat�ce required by Lender Lu�der Sectiot� 5; and�d} Mortgage Ii�surance pr'�'1�71L11`t`l5, if any, or any sums payable by Qorroti�ver to Le��der i�� ieu �f the payment of Mor�gage Ii�surance p�-eziliums in a�:corda��c� witl�tl�e prc��isior�s �f�Scctic�x� 1�. These items are ca�ied `'Escr•atit�Ite��s". At❑�-i�i�7atioi7 or at any tirn� d��rir��;the ter�-� ��'the i�oa��, Le��der may require that�om�r�unity .Elssociation D��es, Fecs, ai7d Asse5sil�ents, if any, be escrow�c� by Borrower, a��d such dues, fees and assessine��ts sl�all be a�� Escro��v Ite�Y�. B�rrower sl�all prompt�y furt�ish to Lender all no�ices of am�un�s to be �a�d ui�der this Sectian. Bflrr�vver shall pay Le��der th� Fui�ds for Escro�v Items u��less Ler�der��vai�es Borrower's obligatio��t� pay thc �'��nds #'or at�y or all 23Q��1�1fl4 NEBRASKA-S:ngfe Fam�ly-Fann�e MaelFr�ddi�Mac UNIFQf�M fNS�Tf�UMENT F�rm 3Q28 11Q1 VMP� 1212015 Wait�rs Kluwer F�nar�cial Serv�ces �Q�6�61��6 1 1 3�55-NZQ16Q12�iN Pag�4 af 1 F