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2� 1 ��7935 <br /> BURR�VVER�C)VENANTS�hat Borro�uver is lawfuliy se�sed�f th�esta��hereby conveyed and has �h�right t� <br /> gran� and conv�y the Prap�r�y and that�he Prop�rty is unencumber�d, exc�p�for encumbrances of recard. <br /> Barra�ver warrants and vv��� defend gen�raliy the titie ta�he Proper�� against all claims and demand�, subject to <br /> any encum�ran�es of record. <br /> THIS SE�[JR�TY INSTRUM�NT combines uniform covenan�s f�r national use and nonWunzform co�enan�s wi�h <br /> limi�ed variati�ns�y jurisdiction t�cons���u�e a uniform securit� �ns�rument cavering real proper�y. <br /> Uniform Co�enants. Borrov�er and Lender c�venant at�d agree as fa��ows: <br /> '1. Payment af Prin�ipa�, Interest. Escr�w Items, Prepayment Charges, and Late Charg�s. B�rrower <br /> shall pay when due the principa� of, and interest on, �he debt evidenc�d by the Nate a.nd an�prepaymen� <br /> charges and Iate charges due under the N�ote. Borro��r sha�� a�so pay funds far Escro�v Iteam.s pursuant�o <br /> Sectxon 3. Payments due under the Note and this Se�urity �nstrumen�sha���e made in U.S. currency. <br /> How��er, �f any check or other instrument recei�ed by L�nder as paymen�under the Not�or this Securi�y <br /> Instrument is returned to Lend�r unpaid, Lender may requzre that any or a�� subsequent payments due under <br /> the Not�and this Se�uri�y Instrumen�be made in one ar more of th�fa�lo�rn�ing forms, as selec�ed�y Lender: <br /> �a} cash; �b} mon�y arder; ��} c�rti�ed check, bar�k check, �reasurer's Che�k or cashier'�check, pro�ided any <br /> such che�k is dra�vn upon an in�titution v�hose deposits are insured by a federa� agen�y, instrumentali�y, or <br /> enti�y; �r�d} Electronic Funds Transfer, <br /> Paym�nts ar�deemed r�cei��d by Lender when received at the�o�ati�n designated in the Not�Qr a�such <br /> other�ocation as may be de�igna�ed b�r Lender in acGardance wi�h the no�ice prov�sions in S�ctz�n �5. <br /> L�nder may r�turn any payment nr part�al paymer�t if the payment or par��a� pay�m.ents are insuffic�ent�a <br /> bring the Loan curren�. Lend�r may accep�any payment ar partial paymen� insuff�c�ent to bring the Loan <br /> current, vvi�haut wai�er of any rights hereunder or pre�udice to its rights t� refuse su�h paymen��r par�ia� <br /> payments in the future, but Lender��no��bligated�o apply such payrnents at the time su�h pa�m�n�s are <br /> a�cepted. �f each Periodic Paym�nt is app����.as of i�� scheduled due da�e, �hen Lender n�ed not pa� interest <br /> �n unapplied funds. Lender may hold such ur�app���d funds un�i� B�rrower make�pa�men�s ta bring�he <br /> L�an curren�. �f B�rro�ver does na�do sa wi�hin a reasonable periad af t�me, L�nder sha�l ei�her apply su�h <br /> funds or r�turn�henz to Borrower. �f not app�ied ear���r, such funds�vill b�app�ied to the ou�standinb <br /> principai ba�ance under the No�e�mmedia�ely pr�or ta fore���sure. No affset or Gia�m�h�ch Borrower mzght <br /> have nov� or in th� future against Lender sha�l relieve Borrower frarn mak�ng payments due u�.der�he N�te <br /> and�his S�curzty �nstrumen��r perF�rm�ng the covenants and agre�men�s secur�d b�r �his 5ecurit� <br /> Instrun�ent. <br /> 2. Appli�ation of Payrr�ents or Pro�eeds. Exc�pt as other�vzse des�rib��i in this �ec�ion 2, al� payments <br /> accep�ed and applzed by Lender sha�� be app�i�d in the fo��awing order�f priority: �a} in�erest du�under�he <br /> No�e; �b}prin��pa� due under�h� No�e; �c} amounts due under S�c�ian 3. Such paymen�s shall be app�ied to <br /> each Per�odic Paynlent in th�order in vvh�ch �t became due. An�remain�ng amounts sha��b�applied first�� <br /> Iate�harge5, �ec�nd tn any nther�.x�ou��s du�under this�ecur��y Instrumen�, and then ta re�uce�he <br /> principal balanc�of the Na�e. <br /> If Lend�r rece��es a payment from Borrower for a del�nquent Periadic Payment which in�lud�s a suf�ci�nt <br /> arnaunt t�pay any�ate�harge du�, the payn��n�may�e appli�d �o the delinquent payn-�en�and the �ate <br /> charg�. If more than one Periadic Pa�ment is outstand�ng, Lender may apply any payment rec�i�ed fram <br /> Borra�er��th�repaym�nt of the Per�ad�c Payments if, and to �he exten�that, each payment can be paid in <br /> fu��. To the e�.tent that any ex�ess exis�s af��r the paymen� is applzed to the fu��payment of one ar more <br /> Peri�d�c Payments, such excess ma�be app��ed�o any �ate�harges du�. Valuntary prepayments shal�b� <br /> appli�d�irst t�any prepaym�n�charges and then as describ��i in the Not�. <br /> N�BRASKA-5ingte Family-Fannie MaelFredc�ie Mac UNIFQRM INSTRUMENT Fvrm 3a28 1101 <br /> VMP Q VMP�{N���'�3D�f <br /> WvIters Kluwer Fi�ancial 5er�ices Page 4 vf 7 7 <br />