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2� 1 ��4�4� �. Applicationof Payments vr Proceed�.Except as other�vise described in�his Sectian�, al�payments accepted and applied by Lender sh�ll be applied in the following order of priorit�: (a)int�rest�due under the Note; (b�principal due under th�Not�; (c)amounts due under Secti�n 3. Such payment�sha11 be app�ied ta each T'eriadic Payment in th�order in which it becam�due.An.y remaining�.mounts shall be applied first to �ate charges,secona�o any o�her arx�aunts du�u��e�th�s Secur�ty Instrun�en#,an.d th�n to redu�ce the principal balance of the Not�. I�Lender recei�es a paymen�fr�m Borrower for a de�inquent Periodic Pa}�ment�vhich includes a sufficient amvunt to pay any late charge due,the payment may be applied to the delinqu�nt payment an.d the lat� c�iarge. If more than one Per�odic Fa�men�is outstanding,Lender may apply any payment received from �orrovver tv�he rep��r��nt Qf the Perivdi�Payments�f,and to th��tent that, ea�h pa}�ment can be pa�d in fu��.T�the extent that any excess ex�sts after the payment i�appl�ed ta the fu.11 payment of one or more Periodic Faymen�s,such excess may be appl�ed to any�ate charges due.Volunt�y prepayments sha11 be app��ed�'xrst to an�prepayrnent char�es a�d t�.en as descr�bed in the�Tote. Any applicatian of paymea�s, insurance praceeds,or M�scellaneaus Procee�s to principal du�under the Note sha�l not e�tend or p�stpone the due da�te,�r change the amount,of the Periodic Payments, �. Fundsfvr Escrow�tems.Barrawer shall pay to Lender on the da}r Periad��Paymen�s are due under the Note,until the Note is paid in full,a sum(the "Funds"}to provide far payment of amaunts due for: �a)ta.xes and assessments and other items�hiGh can attain priority a�er this Security Instrument as a lien or encumbrance on the Pr�per�;(b}leasehold payr�ents or ground ren#,�on�he Property, if any;�c}premiums for any and at�insurance required by Lender under Section 5;and�d)Mortgage I�.suranc�premiums, if an}�, or any sums pa�rab�e by Borrower t�o Lender in lieu of the payment of Mortgage InSurance premiums in a�cGordance with the provisions of�ection 1�. These it�ms are called"Escrow Items."At originati�n�r at an��ime d�ring th�term of the Loa.n,Len�er may require that Communit�r AssociatiQn Dues,F�es,and 1�.ssessments, if any,b�e�raw�d by Banower,and such dues,fees and assessments sha�l be an Escrow It�m. Borrower sha11 promptly furnish to Lender alI n�tices of amou�ts ta be paid under this Section. �orrower sha��ay Lender the Fun�s��Escrow Items un�ess Len�er�va�ves B��ro�er's ob�iga��on to�ay the Funds for any or a11 Escr�w Items. Lender may waive Banower's obligation to pay to Lender Funds for any or a11 Es�row It�ms at any tim�.�,ny such waiver may only be in writin�, In the event of such waiver, Borro�ver shall pay directly,when and where payable,�he a�vun�s due for ar�y�scraw It�ms for wh�ch pa�ment�f Funds has�een waived b�Lender and, if L�nder requires, shal�furnish to Lender receipts evidencin�such payment within such time period a�Lender may require. Borrower's oblig�tian to make such payments and to provide receipts sha11 f�r a11 purpos�s be deemed to�e a co�enant and agreement cont��ned in this Security Instrument,as th�phrase"co�renant and agreement" is used in Section 9. If Borro�er i�obli�ated to pa�Escrow It�rns dir�ctly,pursuant tv a waiver,and B�rrov�er fails to pay�he amount due far an Escraw Item,Lender may exer�ise its rights under Se��ion g and pa}�such amount a��1 Borrower shall then be abligate�under Section 9 to repay to Lender any such amount. Lender may revoke the wa�iver as to any or aI1 Escrotiv Items at an�t�me by a not�ce given�n aecordance with Section �S and, upon such revocation,Borra�ver shall pay to Lend�r a�t Funds,and in suGh amounts,that are then required under this Sectian 3. Lender may,at any time,��11ect and hold Funds in an amount(a}suff'�c�ent to permit Lender ta apply the Funds at the time s�ecif�ed under 1�ESPA,and(b}not to exceed the maximum amount a lender can requir� under RESPA. Lender sha��estimate the amount of Funds due�n the basis of cunent data and reasonable estimates of expenditures of future Escrow Items or other�vise in acGordance with Applicable La�v. NEBRASKA-Single Family-Fann3e MaelFr�ecidie Mac UNIF�RM INSTRLIMENT WiTH MERS Fonn 3U28 1101 VNlP� VMPfiA[NE}[13�2}AQ Wofters f[luwer Financiai Senrices Page 5 of�7 q4335 U77974 4z33 434 4517.