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2� 1 ��445� B�RR�'��R CDVENANTS tha�Borrawer�s lawfully seised of the es�ate hereb�con��y�d and has th�right�o grant and convey the Praper�y and tha�the Property is unencumbered, �xGept for encumbrances af record. B�rroti�er�arrants and will defend generall� the title to the Proper�y agains� ali ciaims and demands, subject to any encumbrances of r�cord. T��S S��UR�TY �NSTRtJMEN�T c�mbin�s un�form cflvenan�s for nat�nnal us�and non-un�form covenants wzth Iim��d�ar�a��flns by jur�sd��t�on to const�tute a un�form secur�ty instrument co�er�ng rea� prap�r�y. Unifvrm Gvrrenants. Borrawer and Lender co�enant and agr��as fa��aws: '1. Payment of Prin�ipal, interest, Escrvw items, Prepayment Charges, and Late Charg�s. Borrower shall pay when due the princ�pa� of, ar�d in�eres�an, the deb�evidenced by the Note and an.y prepaym�n� charges and�ate charges due under the No�e. Borrower shail a�so pay �'unds far Escrow �tems pursuant t� S�c�ion 3. Paym�ents due und�r�he Note and this 5ecurit� �ns�rument sha�� be made in U.S. currenc�r, �o�v�ver, if any check nr�ther�nstrument re��i�ed by Lender as payment under the Nate or th�s �ecurity �nstrum�nt�s re�urn�d t� Lender unpa�d, Lender may requ�re�hat any�r al� subsequen�payments due und�r the Note and this Securit� Instrument be mad� in one ar m�ore af the fo��wing f�rms, as�e�ected by Lender: �a}cash; ��}maney�rder; �c} cer�if�ed check, bank check, tr�asurer's check or cashier's check, pravided any su�h check is drawn upon an instituti�n v�hose deposits are insured b�a federa� agency, ins�rumenta�i�y, ar en�ity; or�d} Electronic Funds Transfer. Paymen�� are deemed received by Lender when received at the�acation designated in th�Nate or at such ather locat�on as may be designa�ed by Lender in accordan�e with the na�ic�provisi�ns in Sec�ion �5. L�nder ma�r�turn any pa�ment ar partia�paymen�if the paymen�or par�ial payments are insuf�cient t� bring the Loan curren�. Lender ma�r accept any payment or par�ia�payment�nsuff�ci�n�to bring the Loan curren�, �v�thout wa��er af any rzghts hereunder or pre�ud�ce�� s r�ghts�o refuse such paym�nt�r part�al payrnents in the future, but Lender is not ob�igat�d�o apply such paymen�s at th�tzm�such pa�m�nts are ac�epte�i. If each Period�c Payment is appli�d as of its sGh�du�ed du�date, then L�nder need not pay int�rest on unapplied funds. Lender may ho�d such unapplied funds unt�� Borrower makes pa�m�n�s�o�r�ng the Loan�urren�. �f B�rrower dfles not da s�wi�h�n a reasonab�e periad of��me, L�nder sha�� e�ther app�y �uch funds ar return them�o Borro�ver. �f nat app��d earlier, such funds w��l be app�ied to the�utstanding principa��alanc�under�he �iote imm�diatel�priar to forec�osure. Na off�e�or claim which Barrower might haW�now or in the future agains� Lender shali rel�eve Borrower fr�m m�king pa�ments due under the Note and th�s Securi��nstrumen�or performing the cavenants and agre�ments secured by this Se�ur��y �ns�rumen�. 2. App��cation ❑f Paym�nts �r Proceeds. E�eep� as otherw�se described in th�s Section�, a�l pa�ments accep�ed and app�ied b�r Lender shall b�applied in�he follo�ing order af pri�r�ty: �a} in�eres�due under the No�e; �b}pr�ncipal due under the No�e; ��} amounts due under Sec�ian 3. Such payments shal�be�pplied to each Peri�d�c Payrnen� �n the order�n which i�beca�ne due. Any remaining amoun�s sha��be app��ed��rst ta �at��harges, second�o any ot�aer amounts due under th�s Secur�ty�nstrumen�, and then�o r�duc�the princip�l b�l�ncc of thc I�Iotc. �f Lender receives a paymen�from Borrov�rer far a delinquent Peri�dic Payment which inc�udes a suff�cien� amoun��o pay any �a�e charg�due, �h�paymen�may be app��ed to�he de��nquen�paym�nt and�he�ate charge. �f m�re than one Periodic Payme�t is�ut�tand�ng, Lend�r n�ay apply an�payment r�ceiv��i fram Borrav�er�� the repa�men��f the Periodic Payments i f, and to the ext�nt that, each payment can be paid in fuxX. To�he ext�nt�hat any excess ex�sts af�er the paym�nt �s appl�ed to the fu��payment of ane or mor� Period�c Payn�ents, such�xcess may be app��d�o an� late charges due. Voiuntary prepaym.ents sha��be applied f�rst to any prepaymen�charges and then a� describ�d in the Note. N�BRASKA-5ingle Famiiy-Fannie Mael�reddie Mac UNlF�RM INSTRUMENT Farrr�3028�101 VMP� VMPS�N�j 413q2) Wolters Kiuwer Financial Ser�i�es Pag�4 of i 7