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2� 1 ��4�44 B�RR�VVER C�VENANTS�hat Borrawer�s lawfully seised of the estate here�y con�rey�d and has the right ta grant a.nd can�ey th� Prop�rty and that the Prap�r�� is un�ncumbered, except for encumbrances of record. Borrovv�r warran�s and wi�� defend g�neraliy the��t�e to the Praperty agains� a�l��a�ms and d�mands, sub�ect�o any encun��rances af record. TH�S SECUR�TY INSTRUM�NT combines un�form c�venants for nati�nal use and non-uniform c�venan�s w��h limit�d variati�ns by jurisdiction to constitute a un�farm secur�ty instrurnent co�ering real property. Unifvrm Covenants. Borrower and L�nder c�venant and agre�as fo�iows: �. Payment of Principal, �nte�est, Escrv►rv �tems, Prepayment ��arges, and Late �harges. Borrower shall pay when due�he pr�ncipal af, and interest on, th�debt�vi�.enced by tht N��and any prepaymen� charges and late charges due und�r the Note. Borrower sha�l alsa pay funds far Escro�v �tems pursuant to Sect�an 3. Pa�men�s du�under the N�te and this Securi�y �nstrument �ha��be made�n U.S. curr�nc�. Ho��er, if any check�r other instrument received b� L�nd�r a�paymen�under the Nn�e�r�h�s Security �nstrument �s r�turned ta Lender unpaid, Lender may require tha�any or aII subs�quen�pa�ment�du�under the N�te and�his �eCurzty�ns�rument be made in one or mare of the following forms, as selected by Lender: �a}cash; �b} money order; �C�cert�f�ed che�k, bank check, treasurer's ch�ck or cash�er's ch�ck, pro�ided any such chec�is drawn upon an�nstitu��on whose deposi�s ar�insured�y a federa� ag�ncy, instrumental�ty, or �ntity; �r�d} El�c�ronic Funds Transfer. Paym�ent� are deenned recexved by Lender when rec�ived at the�oca�ion designated�n�he Note or at such ather location as may be des�gna��d by Lender in acGardanc��v�th�he nat�ce prov�s�ons �n Sect�an 1 S. Lender may re�urn any paym�n�or par��a� payment if�he payment or partiai payments are insuf#ic�ent to � bring the Loan current. Lend�r may ac�ept any payment or part�a�payme�t insuffi�ien��r�ng the Loan current, tivi�hou�waiver of any ribhts hereunder or prejudice to �t� r�gh�s to refuse su�h pa�ment�r par�ia� payments ��.the future, bu� Lender is not abligated �o apply such pay�rnents a�the t�m�such paymen�s are accepted. �f each P�riodic Paymen� is appl�ed as�f its scheduled due date, then Lender need not pay inter�st on unapp�ied funds. Lender may hoid such unapp��ed funds until Barrower makes payment� to br�ng�he L�an curr�nt. �f Borrawer do�s nat da so v�ithzn a reasonable period of t�me, Lender sha�l either app�y �uch funds nr return them�a Borrawer. �f n�t app�ied ear�i�r, such funds vW�ll be appi�ed to the autstanding principai balance under�he Nflte�mmediately pr�ar to foreLlasure. No offset or cla�m wh�ch Borr�u�er mibht have now or�n�he fu�ure aga�nst Lender sha�� r�l�e�e Borrow�r fr�m m.aking paym.ents due under the Note and this Secur�ty �ns�rum�n�or perfornling th�covenants and agr�em�n�s se�ured by �his Secur��y �nstrument. 2. App�ieati�n �f Payments ar P�aceeds. Ex�ept as otherwise descr��ed �n th�s Section 2, a11 paymen�� accepted and app�ied by L�nder sha��be app��ed �n the f��lowing order af pri�rity: (a} �nteres�due under the N�te; �b} pr�n�ipa� due und�r�h� No�e; �c} amounts due under Sec�ion 3. Such payments shaii b�app�ied to each Period�c Pa�m�n� �n�he�rder in wh�ch it became due. Any rema�n�ng amounts sha��be appiied first to late charges, second to any o�her amounts due under�his Security �nstrurnent, and th�n to reduce�he principai balance�f the No�e. �f Lender rece��es a pa�ment from Borrawer for a deiinquen�P�r�od�c Payment wh�ch includes a suf�cient atnount ta pay any la�e charge due, the payment may be appl�ed�a the del�nquent payment and the late �harge. If more than one P�riodic Paymen�is outs�anding, Lender may app�y ar�y payment re��zv�d fram Barrow�r ta the re�ayment�f th� Period�c Payments if, and �� the extent that, each payment can be paid �n fu��. T�the extent that any exc�ss exists after the pa�rnent�s appiied�n the fui�payment of one or more Periadic Payments, such e�.cess m�.a�be applied tfl an� �at�charges du�. Va�un�ary prepayments shall be applied first ta any prepaymen�charg�s and�hen as describ�d in the Note. N�BRASKA-Sin�ie Famiiy-Fannie M�elFreddie Mac UNIF�RM INSTRUMENT Form 3�28�1�1 VMP� VMP6{NEy 413fl2� Wolters Kluwer Financial Ser�ices Page 4 of 17