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2� 1 ��347 B�RR��R C�`IENANTS�hat Borrov�er i� la�vfui�y seis�d�f�he esta��her�by�onveyed and has the righ�t� gran�and convey the Pr�per�y and that the Proper�y is unen�umb�r�d, except fflr encumbran��s of record. Borrower warran�s and will d�fend g�neral��r the��tle�o the Property a�ainst a�� c�ainzs and demands, subject to any encumbra�a�es flf record. T�I�SECUR�TY �N�TRUIV�ENT com�ines unzform covenan�s for nati�nal use and non-unifar�m covenants v��th ��mi�ed var�at��ns by jurisd�c�ion�o const�tute a un�forrn security instrument c�ver�ng real praper��r, Unifarnn �o�enants. Borrower and Lender co�enant and a�ree as fo�low�: '1. Payment af Principa�, �nterest, Escrflw �tems. Prepayment Charges, and Late �harge�. Borraw�r shall pay when due th�pr�r��ipa� of, and inter�s�on, �he d�b�e��denced by �he Note and axzy prepa�me�t charge� and�ate charges du�under the Not�. B�rrower sha�� also pay funds for�scr�v� Items pursuant tfl 5ec�i�n 3. Payments due under th�No�e ar�d�his Secur�ty �ns�rument shall be m.ade in U.�. curr�nc�. Hnwever, if any check ar��her instrument re��i�ve�by Len�er as payment und�r the�ot�or th�s S�cur�ty Ins�rument is r��urned to Lender unpa�d, L�nder may require that any�r a11 subsequ�n�payments due und�r the N��e and this Se�uri�y�ns�rum�n�be made �n ane or more�f th�follow��g fnrms, as se�e�ted b�Lender: �a} cash; �b}mon�y order; �c}cert�f�ed �heck, bank check, treasurer's Check nr cashi�r'�chec�, provided an� such check zs drav�n upan an institu�ian whose deposits are insured by a federa� agenc�, instrumentality, or entit�; or�d} Eiec�ronic Fund�Transf�r. Paymen�s are deemed received by L�nder when recei�ed a� the�oca�ion designate� in the Note or at such other location as nzay�e d�signa�ed by Lender in accordance w�th the notic�provisi�ns ir�Se��xon �.5. L�nder max return any paym�nt�r partial payment if the payment or par�ial payments are�nsuf�c��nt�a br�ng the Loan current. Lender may accep�any pa�ment or part�a� payment insuffic�en�t�br�ng the Loan current, w�thou�wai�er of any r�ghts h�r�under�r pre�ud�Ce�o �ts rights to refuse such paymen�or par�ial pay�nents �n the future, but Lender�s no�obligated �o appl� such payments at the t�me such payments are accep�ed. �f eac�a Peri�dic Payment is app��ed as af its sGh�duled due dat�, then Lender ne�d not pay interes� on unapp�i�d fun�s. Lender may hold such unapp�ied funds unt�� Barro�er makes payments to bring the Laar�current. If Barrower does no�do s� w�thin a reasonable period of time, Lender shal� ei�her app�y su�h funds ar return them�o Borrower. �f n�t appl�ed eariier, such funds �vill be applied to �he�utstand�ng princ�pa�ba�an�e under the No�e zmmed�ately prior to for�closure. No offset or claim which Borr��er m�ght have now or in th� future aga�ns�L�n�er sha�� re�ieve Borrov�er from making paymen�s due under the N�te and th�s Secu.ri�� Znstrumen�ar perform�ng the co�enants and agreements secured by th�s Security �nstrum�n�. �. Applicativn �f Payments ar Proceeds. Exc�pt as�therwise described in�his S�ction�, all payments accep�ed and app�i�d�y Lender sha��be appl�ed in�he fo��owing order of pr�flri�y: ta} interest due und�r th� �at�; �b}principa� due under the Note; �c} amaunts due under Section 3. �uch paymen�s shall be app�ied to ea�h P�riodic Payment in the arder�n whzch it��came due. Any rema�nin� amounts sha.�.� be applied first to �a�e charg�s, s�cand to any ather am�unts du�under th�s Security Instrum�nt, a�a.d then t� reduce �he principal balance of the Note. �f Lende�receives a paymen� fr�m Borrotiver for a delinquent Per�adi� Payment�vhich �nc�udes a suf�Cient amoun��o pay any lat�charge due, the payment may be applied to the d�linquen�payment and�h�late c�.arge. �f mor�than one Periodic Paymen� is auts�anding, L�nder may appiy any payment r�ceived from Borrnv�er to�he repa�m.�nt of the Period�c Paym�nts if, and to the extent that, each paymen�can be paid in fu�I, To �h�extent that any excess exis�s af�er the payment is app�ied to �he fu11 paymen�of�ne ar more P�ri�dic Paym��a�s, such excess may be appli�d to any la�e charg�s due. Volun�ary prepaym�nts shal��e a�ap�zed�r�t to a.ny pr�payment charges and th�n a�des�r�bed xn�he Nore. NEBRASl4A-Sin�le Family-�anni�Mael�reddie Mac UNIF�RM INSTRUMENT Farm 3�28 11�1 VMP� VMP6{N�y�13�2y Wvlters K fuw�r Financial Ser�ices Page 4�f 17