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2� 1 ��� 189 <br /> under �he Note and this Security Znstrumen� shal� be rr�ade in U.S. currency. Hawever, if any check or other <br /> � ins�rumen�received by Lender as paymen�under�he No�e or�his Securxty Instrument�s returned�o Lerider unpaid, <br /> Lender may requ�re�tha�any or all subsequen�paymen�s due under the No�e and�hi.s 5ecurzty Instxumen�t be made in <br /> one or more of the followin�forms,as se�e�ted by Lender: �a}cash;�b}money ard�r;�c}cer�fied chec�,bank check, <br /> treasurer's check or�ashier's check,prav�ded any such check is drawn upon an�nst�tu�.on whose deposits are insured <br /> � by a federal agency, instr•umental��ty, or enti�y; or(d}Ele�tronic Funds Transfer. <br /> Payments are deemed received by Lender when received at th.e loca�ion desi�nated in the Note or at such other <br /> locatian as may be des�gnated by Lender�n accordance w�th�he no�.�e provis�ons in Sect�on I5. Lender may return <br /> any paym�nt or partia.l paymen�if�he paymen�ar partia�payments are xnsufficien�to bring�he Loan curren�. Lender <br /> may accept any payment ar par�a� payment xn.suffxc�en� �o brina the Loan curren�, wxthQu� wa�ver of any ri�hts <br /> hereunder or prejudice to its righ�s to refuse such payment ar p�rtxa.� payments in �he fu�ure, but Lender xs not <br /> abl�gated to apply such payments at the�ime such payments are accepted. If each Periadzc Paym�nt�s applied as of <br /> xts scheduled due date,�hen Lender need no�pay interest on unapplied funds. Lender may hold such unapp�ied funds <br /> until Borrower makes payment�o brinb�e Loan current. If Borro�rer does no�do sa w�th�in a reasonab�e per�od of <br /> t�me, Lender sha�l ex�her appiy such funds or ret-urn.thexn to Borrower. If not applied earizer, such funds will be <br /> app�xed t� th� ou�s�a.ndinb princxpal ba.�ance under�h.e Note �mmediateiy prior�o fareciosure. No offset ar c�a�m <br /> whi.�h Porrou�er might have now ar in the fu�ure agarnst Lender sha��re��eve Borro�ver from mak�ng payments du� <br /> under�he No�e and th�s Security Instrumen�or perfarming�he covenants and agreerr�ents secuxed by thxs Secur�ity <br /> Instrumen�. � <br /> Z. Application of Pay�e�.ts or Proceeds. Excep� as athervvise descr�bed in thi.s Sec�.on 2, a�� payments <br /> a�cepted and app��ed by Lender shall be app��ed in the following order af priori�y: �a��nterest due under the Note; <br /> �b}principal due under�he Note; �c}amaun�s due und�r Section 3. Such payments shall be app��ed�o each Periadxc <br /> Paym.en��n the order xn vvhich�t became due. Any rema�ning amaunts shal��e applied firs�to late charbes, secand <br /> to any other amounts due under this Securi�y Instrumen�, and�hen to reduce�he principal baiance of�he No�e. <br /> If Lender r�ce�ves a payment from�3orrower for a delinquent Periadic Payment which inc�udes a suff c�en� <br /> amount to pay any late charge du�, �he paymen�may be app��ed to the de�xnquent paymen�and�he la�e chaxge. If <br /> more than one Period.xc Payment is ou�standing, Lender ma� apply any payment re�eived from I3orro�uer ta the <br /> repa�ment of the Periodic Payme�ts�f, and�o�he ex�en�tha�, ea�h payment can be pa�d in fu�l. To�he�xten��hat <br /> any exce�s exists after the paymen��s appixed to the full paymen�of one or more Periodic Payments, such excess may <br /> be applied to any late charges due. Volun�.ry prepaym�nfs shall be applied�.rs��o any prepaymen�chaxges and then <br /> as des�ribed in�he Note. <br /> Any app��cat�on of paymen�s, insurance pr�ce�ds, or Miscel�aneous Praceeds to principal due under�he No�e <br /> shall not extend or pos�pane the du�date, nr change the amoun�, of�he Period�c Payments. <br /> 3. Funds far Escrow It�ms. Borrotiver sha.��pay�o Lender on the d.a.y Period�c Payments are due under the <br /> Note, unti��he Na�e is paid in ful�, a sum(the 'TFunds"}�a provide for paymen�of amounts due for: �a�taxes and <br /> assessments and o�her��ems wh�ch can atta.�n priorzty over this Security rnstrument as a Iien or encu.mbrance on the <br /> Property; �b} Ieasehold paymen�s or gr�und rents on�he Pro�per�y, if any; �c}premiu.ms for any and a1I insuran�e <br /> requ�red by Lender under Sec�ion S; and�d)ll�ortgage Insurance premuiums, �f any, or any sums payable by Borro�ver <br /> to Lender in lieu of th�paymen�of Mortgage Insurance premiums xn ac�ordance tiv�th�he pro�isrons of Sec�ion I.Q. <br /> These items are cai�ed'tEscrow Items." A�orig�nat�on or at any�ime during�he�erm of the Loan,Lender may require <br /> �hat Community Associatian Dues,Fees,and Assessmen�.s, xf any,be escro�ved by Barro�ver,and such dues,fees and <br /> assessments shal�be an Escrow rtem. Borrotiver shall pramp�.y furn�sh to Lender aII no�ices of amoun�s to be pax.d <br /> under �his Sec��on. Borrower shal� pay Lender the Funds for Escrow It�ms un�ess Lender �va�ves Borr�werr s <br /> ob��gatrnn to pay�h�Funds for any or ai1 Escrow I�ems. Lender may wai�e Barrotiver's ob�xgat�on ta pay�a Lender <br /> Funds for any or alI Escrou�Items at any time. Any such wa.�ver may anly be zn writzng. In the e�ent of such�raiver, <br /> Borrower sha.l�pay dxrectly, when and tivher�payab�e, the amoun�s due for any Escra�Items for vvh�ch payment of <br /> Funds has been wa.ived by Lender and, �f Lender requires, sha.��furni.sh�o Lender receip�s e�v�idenc�ng such payment <br /> wi�hin such time period as Lender may require. �orrower's obli�atron to make such paym�nts and to pro�id�receipts <br /> shall for a.��purpases be deemed to b�a covenan�ar�d agreement contained in this Security Instrument, as the phrase <br /> NEBRASKA Singfe Family---Fannie MaelFreddie Mac UN[F�RM lNSTRUMENT- MERS pa���x���-,� <br /> Form �o�s ��o� Page 4 vf 'I5 www_�Io�ra�ag�c,corr� <br />