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2� 1 ��3973 B�RR�WER ��VENANTS tha�Borrow�r�s la�vfu��y se�sed of the es�ate hereby�onv�yed and has the r�ght to grant and con�ey the Froperty and tha�the Prop�rty �s unencumbered, except fQr encumbranc�s af record. Borrovv�r warrants and will defend genera��y �he tit��to the Prop�r�y aga�nst alI c�aims and demands, �ubject to any encum�rances of record. TH�S SECURITY' �NSTRUMENT combines uniform cav�nant� f�r nat��na�use and non-uniform covenan�s w��h limi��d�arza��ons by jurisd�c�ian to const�tu�e a uniform securzty instrunzen��v�ring real prop�r�y. Un�fvrm ��rrenants. Borrower and Lender covenant and agr��as fo��ows: �. Payment of Princi�al, �nterest, Escrvw ftems, Prepayment �harges, and Late Charges. B�rraw�r sha�l pay�vhen du��he pr�n��pal af, and zn�eres��n, �he debt e�idenced by th�Not�and any pr�payment charges ax�� Iate c�arge�due under�h� Note. Bnrrower sha11 also pay funds for�scrc�w ��ems pursuant to SeCtznn 3. Payments due under the Note and�his S�curity �ns�rument shali be made�n U.S. currenc�r. H�wev�r, if any check or o�her�nstrum�n�rec��ed by Lender as payment under�he No�e�r�h�s S�curity �ns�rument is returned to Lend�r unpa�d, Lend�r may requzr�tha�any nr aIl subs�quent paym�nts due under the Note and this Secur�ty�nstrumen��ma�.e in ane�r mare of th�to�l�wing f�rms, as se�ec�ed by Lender: �a}cash; tb}money. order; ��ertified check, bank�heck, �r�asurer's checl�ar cashi�r's check, provided any such check zs drawn upon an ins�i�ution whas�depo�its ar� insur�d by a federal ag�ncy, ins�rumen�ality, or enti�y; or�d} Ele�tronic Fund�Transfer. Payments are deemed rece�ved by Lender when received a�the location designated �n�he Note or at su�h �th�r location as may be des�gnated by Lender�n accardan�e wi�h�he notice prov�sions in Sectian I5. Lend�r ma� return any paymen�or partiai payment zf�he pa�ment flr part�al payments are insuffic�ent ta bring the L�an current. Lender may a�cep�any payment ar partiai payment�nsufficient t��ring the Laan curren�, without wai�er�f any rights hereun�.er or prejudice to its rights to refuse such payment or par�ial payments �n the fu�ure, bu� Lender is nat ob��gated t� apply such payments a�the t�me such payments are acCepted. If each Periodic Paym�nt is applied a�nf��s schedu�ed due dat�, then L�nder n�ed not pay interest on unappiied funds. L�nd�r may ho�d such unapp�ied funds un�il Borr�wer makes pa�ments ��bring �he Loan curren�. �f B�rrower do�s not do so wi�hin a reasonab�e peri�d of��me, Lender sha11 ei�h�r apply such funds or r�turn�hem t� Barraw�r. If not app�ied�ar�i�r, such funds wil�be applxed to the autstandxng prin�ipal balance under th� Note�mmedia�e�y prior�o foreclasure. Na affset or�laim which Borrflwer m�.ght ha��now�r in the futur�against Lend�r sha�� re�ieve Borrower from making payments due under the Note and th�s S�curity Instrument or perf�rm�.ng�he covenants and agreements secured�y this Secur��y �nstrumen�. 2. Applicativn of Paym�nts flr Pr�ceeds. Except as otherwise described in th�s Se�t�on 2, ai�payments ac�epte�.and app�ied by Lender sha��be app��d in the fo�lowing order of priar��: �a} �n�erest due under the Na�e; ��}principa� due under the N�t�; �c� amoun�s due under Sect�on 3, 5uch paymen�s sha��be app��ed ta eac�Z Per�odic Paym�nt in�he arder�n whi�h it became due. Any remaining am�un�s sha��be app�i�d first�a �ate charges, s��and�❑any ather amaun�s�iue und�r�h�s Secur�ty�nstrument, and then to r�du�;e�he prin�ipal balance of the No��. �f Lend�r receives a paymen�fr�m Borrower far a delinquent P�riadi�Paynrzent which inc�udes a suff��en� arnount to pay any �ate charge du�, �he payment may be applied ta the delinquent payment and the�ate charg�, If more than one Per��dic Paym.en� �s ou�standing, L�nder may app�� any paym�nt recexWed from Borr�wer ta th�repa�men�of the P�riod��Payments if, and�� the extent tha�, ea�h paymen�can be pa�d� �n fuil. To�he�x�ent that any excess ex�sts after the payment is app�ied�o the ful� payment af one ar more P�riodic Payments, such excess may be app��ed to any la�e charges due. Vo�untary prepayments sha��be app�ied firs� to any prepa�men�charges and�hen as described in the Note. NEBRASKA-5ingle Family-Fannie MaelFreddie Mac IJNIF�AM INSTR#JMENT Form 3�28 11�1 VMP �Q VMPfitN�}�13fl2y WaEters Kluwer Financial 5er�ices P�JQ 4 Q��