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2� 1 ��54�5 B�RR��ER C�VENANTS that Borrower is lawfu�Iy seised of the estat�hereb��onveyed and has �he righ� �a grant and con�ey the Proper�y and that the Property is unencumbered, except f�r encumbrances af rec�rd. . � Barrow�r warrants and�vili defend generally the t�tle to the Proper�y against a11 claims and d�mands, subject �a any �ncumbrances of r��ord, T��S SECURITY �NSTRUMENT cambines un�form covenants for natianal use and nan-uniform co�enants wi�h �imited�variatiflns�y jur�sdiGtion ta consti�ute a un�form se�urit� instrument c:avering real property. Unifarm Cavenants. Borra�ver and Lender cfl�enant and agree as f�llaws: �. Payment of Princ�pa�, Interest, Es�row ltems, Prepay�ment Charges, and Late Charges. Borrower sha�l pay v�hen due�he principa� of, and interest on, the debt ev�denced by the No�e and an�prepayment charges and Ia�e charges due under�he Note. Borr�w�r shall alsa pay funds far Escrow �tems pursuant to Sec�ion 3. Paymen�s due und�r�he Note and this Securit� �n�trument shall b�made in U.S. curr�ncy. �owever, �f any check or other instrument rece��ed by Lender as payment under th� Note ar this�ecurity �ns�rument �s r�turned�o Lender unpaid, Lender may requ�re that any or all subsequent payments due under �he No�e and this S�cur�t� �nstrument b�mad� in o�ae or m.or�of the f��aw�ng forms, as selected by Lender: �� a} cash; �b} mon�y order; �c}certified check, bank ch�ck, treasurer's�h�ck ar cashi�r's check, provided any such chec� �s dra�vn upon an institution whos�d�p�sits are insured by a f�derai agenc�, �nstrumen�a��y, or en�ity; ar�d} E�e�tron�c Funds Transfer. Pa�rmen�s are de�med rece��ed by Lender when rec�ived at the locatian desibnated in the No�e or a� su�h o�her��cat�on as may be des�gnated h�r Lender �n accordance�v�th the n��ice prov�sions in Sec�ion 1 S. Lender may re�urn any payment or part�a� payment if the payment or par�zal pa�m.�n�s are insuf�c�en��o bring th�Loan current, Lender may accept an�payment or partia�pay��.�nt insuffici�nt to br�ng the Loan current, w�th�u��a��er af any ri�hts hereund�r or pre�udice to its r�ghts �o refuse such paym�nt or par�ial payments �n the future, but L�n�er�s n�t flb�igate�i t� apply such payrnen�s at the time such payments are ac�ept�d. �f each Per�od�c Payment�s applied as flf�ts s�h�du��d due dat�, �h�n Lender need nat pay �nteres� on unapp��d funds. Lender may h��d such un�pp��d funds un�i1 Borrower mak�s paym�nts �o bring the Loan curren�. �f Borrawer do��not �o so within a reasonab�e per�od of t�me, Lender shal� ei�her apply su�h funds ar return them ta Borro��r. �f not appii�d earlier, such funds �v�li be appiied to�he au�s�andxn� principai balance under the No�e �mmedia��y priar ta far��losure. No offset or clairn wh�ch Barr�w�r m�ght ha�e now or�n the future against L�nder sha�i relieve Borro�ver fram making paymen�s due under th� No�e and this Securi�y �nstrument ar performing�he cov�nan�s and agreements secured by thi� Security Instrum�n�. �. App�ieation vf Payments or Prvice�ds. Excep�as �ther�v�se�.escr�bed �n�his S�ct�an 2, a�l paym�n�s acc�pted and appl�ed by L�nd�r�ha�l be applied in the fo�io�ving order of priarity: �a} �nterest due under the Nate; �b} principa� due under the I�ote; �c} amounts due under Sec��on 3. Su�h payments sha�l �e appi�ed to each Periodic Paymen� in th�arder in which it became due. Any remaining amounts shall be appl��d first�o � late charges, second to any other amounts due under this Security Instrument, and then ta r�duce the princ�pai ba�ance of the No�e. If Lend�r receives a paym�nt frorn Borrower for a delinquent P�riodic Paymen�which �nc�udes a suff�c�ent amoun��o pay an� �a��charge due, the paymen�may be appiied to the delinquent payment and�he�ate charge. If more�han�ne Periadic Payment�s �utstanding, Lender may apply any payment received from Bflrravver to the repa�ment of the Periodic Payments if, and to the extent tha�, each payment can b�paid in fu��. To the�xten�tha� any e�cess ex�sts af��r the�ayment�s appiied�fl the fuli payment af one or more P�r�odic Payments, such excess may be applied to an�r�a�e charg�s due. �o�untaz-�r prepayments sha�l be applied �r�t t� any prepa�ment charges and the�as descrz�ed�n�he No�e. NEBftASKA-Sing[e�amily-�anr�ie Mael�reddie Mac UNIFDRM INSTRUM�NT Form 3D�8 1I0� VMP� VMP6�NE�413a2j WvIters Kfuwer Finan�iai Ser�ices Page 4 vf 17