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2� 1 ��429� <br /> B�RR�'L�U"ER C�VENANrTS that Borrawer is lawfu�Iy seise�i�f the estate hereby c�n�eyed and has the right to <br /> grant and convey the Prap�rt� and that the Pr�p�rty �s unenGumbered, �xcep� for encumbrances�f record. <br /> Borro�rer v�arrants and wi�l defend gen�ral�y the t�t��to th�Praperty aga�nst all c�aims and dem�ands, subjec� to <br /> any encumbrances of reeard. <br /> THIS.SE�UR�TY INST�UMENT combines uniform covenan�s far natianal use and nan-uniform cavenants w��h <br /> limited�ariat�ons by jurisdic�i�n tfl canstitut�a un�form secur�ty instrument covering real praperty. <br /> Uniforrn �ovenants. Borrouler and L�nder co�enant and agre�as f�l��ws: <br /> �. Payment of Pr�n�ipa�, Inte�rest, Es�rvw items, Prepayment Charges, and Late �harges. B�rrflwer <br /> shall pay u�hen due�he pr�ncipal af, and in��rest on, the de�t e�iden�ed by �he Note and any prepaymen� <br /> charges and�a�e charges due under�he Na�e. Borr��ver sha�� a�so pay fun�s for Escraw I��ms pursuan�to <br /> Sect��n 3. Pa�rments due under th� Note and this Secur�ty �nstrum�nt shall be made in U.S. �urren��. <br /> Hawever, �f any che�k or ather�nstrument received by Lender as payment under the Nnte�r�h�s S�curity <br /> Instrurnent is r�turned�o Lender unpaid, Lender may require�hat any ar a11 subsequent payrnents due und�r <br /> the Note and �his 5ecurity �nstrument be made�n one ar more of the fallowing farms, as selected by Lend�r: <br /> �a} cash; �h} m�n�y ord�r; �c} c�rti�ed check, bank�heck, treasurer's che�k�r cashi�r's check, provided any <br /> such check is drawn upon an institution wh�se deposits are�nsured by a federal agenCy, instrumentality, or <br /> entity; ar�d} �lec�ronic Funds T�ansfer, <br /> Payments are deern�d re�e�ved by Lender vc�hen r�ceived at the�ocatian designated in the Note�r at suCh <br /> a�her ioc:ation as may be designat�d by L�nder in acc�rdance�ith�he notice provisian� zn Sectian �5. <br /> L�nder may return any payment�r part�al paymen� �f the payment�r partial payment� ar� insufficient to <br /> br�ng the L�an Current. Lender may acc�pt any payment or partia�payment insufficient ta bring the Loan <br /> curren�, without wai�er of any rights hereunder or prejud�ce tfl i�s rights to refuse such payment or partial <br /> payn�en�s in the future, but Lender��not ab�iga�ed�o appl� such paym�n�s at the t�me such payments are <br /> accepted. If each Periodic Pa�ment �s app��ed as of it� s�heduled due da��, �hen Lender need not pay �nterest <br /> an unappli�d funds. Lender may hald such unap�iied funds untit Borro�ver makes payments to bring the <br /> Laan current. �f Borrower does nat do so wi�hin a reas�nab��period�f time, Lend�r shal� �ither apply such <br /> funds or return the�n to Borro�ver. �f not applied�arl�er, such funds w�lt be appl�ed ta the nutstan�.ing <br /> pr�nc�pal ba�ance under the�Ia�e immediate�y priar�a forec�osure. N� offset�r��a�m tivhich Barrawer might <br /> ha��n�w or�n the tu�ure aga�ns� Lender shall relieve Borrow�r frarn�.mak�ng payment�due under the Note <br /> and this 5ecurit� �nstrument or per��rm�n�th�covenan�s and agreements s�cured b� this Securi�y <br /> Ins�rument. <br /> �. App[��ativn of Payments �r Prflc��ds. E�cept as�therwzse d�s�r�bed in�his Secti�n 2, al�payments <br /> accept�d and app�ied by Lender shall be applied in the follow�ng arder of pr��rity: �a} �nteres��iue under the <br /> Note; ��}pr�nc�pal due under the Nnt�; �c} amoun�s due under 5ection 3. Such pa�m.�nts�hal�be app��ed t� <br /> each Peri�dic Payment in the order �n which �t�ecame due. Any remaining amounts shall be applz�d�rst�n <br /> ia�e�harges, secand t� any ather amoun�s due under this Security Ins�rument, and then�o r�duce the <br /> pr�n�ipa�ba�ance nf the Nnte. <br /> �f Lender r�ceives a paymen�from Borrovver for a delinquent P�riodi� Payment tivhz�h �nC�udes a sufficien� <br /> amount ta pay any late charge due, the pa�ment may be appl�ed to the de�inquent payment and�he�ate <br /> charge. If mflr�than ane Periodic Pa�m.ent �s outstanding, Lender may apply any payment rece�v�d fr�m <br /> B�rrower to th�repayment of�h�P�riod�c Pa�rm�en�s �f, and�a the�xt�nt that, �ach payment can be paid �n <br /> fu�l. To �he e�ten�tha� any exces��xists after the payment�s app�ied ta �he ful� paymen�of one or more <br /> Period�c Pa�men�s, such exc�ss ma�be app�i�d to an� �at�charg�s due. Vo�un�ar�prepayments shall be <br /> applied firs�to any prepaymen��harges and th�n as descr�bed in the N��e. <br /> NEBRASKA-5ingie Famiiy-Fannie MaelFreddie Mac UNIFqRM INSTR�MENT Farrr-�3428 110'� <br /> VMP Q VMP�fNE2 47 3a2f <br /> Wolters KEuwer Fir�ancial 5erviees Page 4 af 17 <br />