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2� 1 �� 12� SDRR�WER CUVENANTS tha�Borrower is lawfully seised of the estate hereby canveyed and has the rzght ta grant and�on�ey the Praper�y and tha�the Property is unenGumber�d, excep� f�r encumbran�es of record. Barrower warrants and w�� d�fend generally the�itle to the Proper�y against all c�aims and demands, sub��C��a any�ncumbrances of record. THIS SE�C�RITY INSTRUMENT ca�mb�nes un�form covenant� far nationa� u��and non-uniform co�enants �r�th lirnited�ariatians by jurisd�ction ta can�ti�u�e a uniform secur�ty �nstrument cnv�r�ng real praperty. Un�fvrm CoWenants. Barrower and Lender covenant and agr�e as fo�lows: '1. Payment of Principa�, lnterest. Escrflw �tems, Prepayment Charges, and Late Char�es. Borrower shall pay when�u�the pr�nc�pa� of, an.d interes�nn, the debt evidenCed by th� Note and any prepayment �harges and Iate�harg�s due und�r th�N��e. Borro�er sha�� a�so pay funds for Escraw I�ems pursuant ta Sectzon 3, Payments�ue under the Not�and th�s Security �nstrum.en�sha�� be made�n U.S. currency. HoweW�r, if any ch��k or other�nstrum�nt received by L�nder as paym�nt under the Nate or�his Secur�ty Instrumen�is re�urned t� L�nder unpa�d, L�nder may r�qu�re tha�any or all sub�equent paym�n�s due under the Nate and this Se�urity In�trument be mad��n gne�r m�r��f the fo��n��ng f�rms, as se�ec�ed by Lender: �a}cash; ��} money order; �c} cert��d check, bank check, treasur�r's�heck�r Gash�er's�h�ck, pr��i�ied any such chec� �s drawn upon an institution whose deposi�s are insured by a federal ageney, �nstrumentalk�y, or �nt�ty; or�d} E�e�tron�c Funds Transfer. Payments are deem�d re�eiv�d by Lender when rec�ived at�he�oca��on d�s�gnated in�he No�e or at such oth�r l�catian as may be designated by L�nder in accardanc�with the no�ice pro��si�ns in��ction �5. Lender may return any paymen�flr par�ial pa�ment if the paymen�or partial pa�ments are�nsuff�cient to br�n�the Loan curren�. Lender may a�cept any payment or partial payment insuff��ient�o br�ng th� Loan curren�, without�va�v�r af any r�gh�s hereunder�r prejudi�e to its rights to refus� such paym�n�or partiai payments in the �uture, but L�nder �s n�t obl��ated to app�� such payments at the time such payments ar� a�:cepted. �f each Periodic Payment �s app�i�d as of its s�hedu�ed due da�e, then L�nder need nat pay interest on unapp��ed funds. Lender may hoid such unapp�ie� funds un�i� Borr�wer n�ak�s payments tfl brin�the Loan current. �f Bflrr��ver c�oes no�da so within a reasflnabie period of�ime, Lender sha�� eith�r app�y such funds or return �hem to Borr�tiver. �f na� appl�ed eariier, su�:h funds�viii be appl�ed to the outs�and�n� principal balanc�under�he Note�mmed�a�e�y pr��r to forec�osure. N�o�fs�t�r claim which Barro�ver migh� have now or in the future a�ains� Lender shal� re��eve Bflrrower frorn�mak�ng payments du�un�er the l�a�e and this Security Instrument�r perForming the co�enants and agreements secured b�th�� S�cur��y �ns�rument. �. Applicati�n �f Payments vr �'rflc�eds. �xcep� as��her�vzse descri�ed in this Sectian 2, a�i payments accepted and applied by Lender shali be app�ied�n the fo��awing order�f przority: �a} �n�er�s�du�und�r the Note; �b� principa� due under th� No�e; �c} amounts due under Sectian 3. Such paym�nts sha�� be app�i�d to ea�h P�r�adic Fayment �n the arder in u�hich i�became due. Any remaining am�unts shal�be applied #�rst t� tate charges, s�cand ta any o�her amounts due under this Security In�trument, and then�o reduce the prineipal ba�ance af th� Nate. �f Lender recei�es a payment fram B�rroti�er for a delinquen� Peri�dic Pa��m.ent wh�ch �ne�ude� a suff�cient amount��pay any �a�e charge due, the paymen�may be appiied to the de�inquent payment and�he late charge. If mor�than one Per�od�c Payment is outstanding, Lender may apply any payment rece�ved from Barrow�r to the r�payment of the Periodic Paymen�s �f, and to the ex�en�tha�, ea�h payment can be paid in fu��, T��he�xt�nt tha� any��cess exists after th�payment is app�ied to th�fu��pa�ment of one or more Peri�dic Pay�ments, su�h exGess may be applie��o any �ate�harg�s due. Voiun�ary prepa�ments sha�I be appiied f�rst to any prepa�ment charges and�her�a�des�ribed�n�h�Nate. NEBRASKA-SingEe Family-Fannie MaelFrec�ciie Mac UNIFORM INSTRllMENT Farm 3aZ8 11�� VMP� VMPfitNEf�13�2) Walters Kiuwer�inancia!Services Page 4 of 17