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2� 1 ��7751 B�RR�W�R C�]V�NANTS that Borrower is �a�vful�y seised�f�he esta��hereby can�e�ec�and has�he ri�ht to grant and canvey �h�Property and that��e Pr�per�y is unencumbered, ex��p�for�ncumbr�n�es of recard. Borrower warrants and�i��defend gen�ra�ly the tit��to the Pr�perty aga�nst a�� claims and dezn�nds, sub��ct�a any�ncumbrance�af record, T�3�S SE�UR�TY IN�STRUMENT combines un�farm�o�venants for natianal us�and non-un�f�rm�o�ena�a�s with limited�aria�ions by�ur�s�iction�o constitute a un�form se�ur��y �ns�rumen�covering rea�proper��r. Uniform C��enants. Bflrrower and Lend�r�ovenant and agree as f��ows: �. Payment �f Principa�. �nterest, Escrow ltems, Prepayment Charges, and Late Charses. Barro��r sha��pay when due�he prin�ipa� af, and interes�on, �he deb�evkdenced by the No��and any prepayment charges and�a�e charges due und�r�h�N�te. B�rrow�r sha�l a�so pay tunds for Escrow �tems�aursuant�o Sectian 3. Paym�nts due under the Note ar�d this Security Instrunlen.t shai�be mad�in U,S. curren�y. �av�e�er, xf any check�r other�ns�rumen�received b� Lender as payment under�he N�te ar this Securit� Instrument�s re�urr�ed�o L�nd�r unpazd, L�nder may requ�re that an�or al� subsequent paymen��due under the Note and this Security�nstrument be made in one or more�f th�folla��ng forms, as selec�ed b�L�nder: �a} cash; �b} maney arder; �c}c�r�ified check, bank check, treasurer's�h�ck or cash�er's check, provided any such che�k is drawn upon an�nsti�ution whose d�pos�ts are in�ured by a f�deral agency, �nstrumen�al�ty, or �nti�y; or�d} E��c�ron�c Funds Transfer. Payments are deemed r��e��d by L�nder wh�n received at the �ocati�n designated in the Note or at such ��her locat�on a�ma�r be designated by Lender xn accnrdance�i�h the n��ice pr�vis�ons in Section �5. L�nder may return any paymen�or partial payment xf the payment or par�ial pa�ments are insufficient to hr��g�he L�an curr�nt. L�nder may accept any payment ar partia�payment insufficient�a bring the Laan curr�n�, without wai�er af any rights hereunder or prejud�ce to its righ�s ta refuse suCh payrnent or par�ial payments in the future, but Lendtr is not ob�igat�d to apply such paymen�s a� �he t�me such payments are accepted. If each Periadic Paym�nt i� app��ed as �f�ts sc�edu�ed due date, th�n Lender need no�pay in�erest �n unappXi�d funds. Lender may h�ld such unapplied funds unt�� Borr�wer makes payments �o brzn��he Loan current. If Borro�er daes n�t do so withxn.a reasonab�e�eriod of t�me, Lender sha�� e�ther app�y such funds or re�urn them to Bnrrower. �f n�t appli�d ear�ier, such funds wi1� be applied to th�outstand�ng principal ba�an��und�r the Note immedia�ely pr�ar�a for�clasure. No offse�ar Cla�m which Borrower might have n�w or in the fu�ure against Lender sha�l relie�e Borro�er from making payments due under the Nn�e and th�s Security �ns�rument ar perform�ng the covenants and agreements secured by �his Secur�t� �n��rument. 2. Appli�ativn vf Payments or Praceeds. Excep�as other�v�se described�n�h�s Section 2, a�l pa�rments accepted and applied by Lend�r sha��be appl��d in the foll��ing order af prxor�ty: �a} int�res�du�under the Note; �b}princxpal du�under the No�e; �c} amounts due under Se�tian 3. Such paymen�s shal� �e app�ied to each Peri�dic Payment in�he�rd�r in whiCh it became due. Any rema�n�ng amaunts sha�l be app�ied firs� �a �a�e charges, s�cond t� any other amaunts due under�his Security �nstrument, and then�o reduce�he pr�ncipal balan�e of th�Note. �f Lender re�ei��s a pay.m�nt fr�m Barrow�r for a delinqu�nt Periodic Payment wh��h inc�udes a suf�cien� arnount t�pay any�ate c�arge du�, th�paymen�may be app�ied t� th��l�nquent payment and�he late ck�arge. �f m.�re�han one P�r��dic Paym�nt�s au�standing, Lender may apply any payment rece�ved fr�m Barrower�a�h�r�paym�nt of the Periodic Payments if, and ta �h�extent�hat, each paymen�can be paid in fi�l�. To th�ext�nt that any��.�ess ex�sts a��er the pa�men� is app�ied to th�full payment nf one or m�re Per�od�c Payments, su�h excess may be app�ied �a any�ate charges due. V�luntary prepaymen�s shall �e app�ied f�rs�to an�r pr�payment charges and then as descri��d �n�he Nate. N�BRASKA-5ing��Famity-Fannie MaelFreddie Mac UNIFQRM INSTRUMENT Farm 3fl�8 11a1 VMP Q VMPfitNEf�13�2� Wo�ters K luwer�i�anciat 5er�ices Page 4 of�7