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2� 1 ��8�71 <br /> B�RR�VV'ER ��VENANTS tha� Barrower is la�vfu��y s�ised af�he esta�e here�y conveyed and has �he r�ght �o <br /> grant and con�ey the Property and that the Praper�� �s unencum�ered, exc�pt far enGumbrances of record. <br /> Borro�ver warran�s and v�il1 defen�i genera�ly the t�t�e to�he Prnper��r against all claims and demands, subje�t�a <br /> any encumbran�es of re�ard. <br /> TH�S SECtJR�TY �NSTRUMENT combines unifarm�ovenants f�r na�zona�use and non-uniform��venan�s�ith <br /> lzm�t�d�ar�atz�ns b�jur�sdi�tion t�c�nstitu�e a uniform seGur�ty xns�rument c�vering r�a1 prop�rty. <br /> Uniform C�►►enants. Borr�w�r ar�d L�nder covenant and agree as fo�l�v�s: <br /> 'I. Payment af Prin�ipal, �nterest, Esc�ow ltern�, Prepaym�nt �harges, and L�te �har�es. Borr�wer <br /> shal�pay when due the pr�nc�pa��f, and interest an, the deb�evidenced by�ae Nate and any prepayment <br /> c�iarges and�ate�harges due under the N�te. Borrawer sha�l a�so pay funds for�scrow ��ems pursuant�o <br /> S�ctian 3. Paymerits due und�r�he Note and�his Securi�� Instrurnent shall be made�n U.S. currenc�r. <br /> Havve�er, if any ch�Ck or other�nstrument recez�ed by Lender as paymen�under the No�e or this Secur�ty <br /> Instrument is r�turned to Lend�r unpaid, L�nder ma�r require that any or ali subsequent payments due under <br /> the Note and �his Securitx Instrurnen�be made in nne�r more�f the fo�lowing forms, as se�ected by Lender: <br /> �a} cash; �b} mone�order; ��} certified che��, ba.�k check, treasur�r's check or�ashier's check, provided any <br /> �u�h chec� is dra�n upon an ins��tuti�n wh�se depo�its are insured�y a federal agency, ins�rumentality, or <br /> enti�y; or�d} Electran�� Funds Transfer. <br /> Payments are deemed recei�ed by Lender when rec�ived at the I��a�ian designated in�he Nate ar a�such <br /> o�her�oca�inn as may be de�ignated b�r Lender�n accordance with th�n�tice pro�i�i�ns in 5ecti�n �5. <br /> Lender may re�urn an�payrn�nt or par�ia�paymen� �f the paymen�or par�ial payments are insuf�c��rzt to <br /> br�ng �he Loan curr�n�. L�nder may acc�pt a�ay paymen�or par�ial payment insuf�cient to �r�ng the Loan <br /> curren�, w��hou�vvaiver af any rights her�under ar prejud�ce to its rzghts t� r�fuse such payment or par�ial <br /> pa�rnen�s �n the future, �ut Lender xs not nbliga�ed t�appi�su�h payments at th��im�such paymen�s are <br /> acc�pted. If each Peri�dic Pa�rment is app��ed as�f�ts sCheduied due date, then L�nder n�ed nn�pa� xnterest <br /> �n unapplied funds. Lender may hold such unapp���d funds un��l Borrower makes payments to bring the <br /> Laan curr��t. If B�rro�ver does n��do so v�ithin a rea��nab�e p�r��d�f t�me, Lender shall either apply such <br /> funds or return�hem to Borr�wer. �f not app�ied eariier, such funds w��l b�app��ed t� the outstanding <br /> principal ba�ance und�r the Na�e�mm�diate�y prior t�farec�osure. N�offset or claim which Barrovver might <br /> have now or in the futu�e against L�nder sha�� relzeve Borrower from making pa�m�nts due und�r the No�e <br /> ar�d this Security Xns�rument ar performing th�cavenants and agreemen�s secured by�his 5ecur�t� <br /> Ins�rument. <br /> 2. Applicatian of Payments ar Pr��eeds. Except as o�herwise d�s�ribed�n�his��ct�an 2, aIl paym§�nts <br /> accept�d and appl��d by Lend�r sha��be appi�ed in the follow�ng arder of pri�rit�: �a} interes�due under the <br /> Note; �b}princ�pa� du�under�he Note; ��� amounts du�under 5ec�i�n 3, Such paymen�s sha11 b�app��ed t� <br /> each Periodic Payment�n th�order in which zt becarne due. Any r�maining amaun�s shall be app��ed f�rs�t� <br /> Ia�e charg�s, se�and ta any athe�arnaun�s du�under�hzs S��ur�t� �nstrument, and�hen�o reduce the <br /> pr�nc�pa�balance af the N�te. <br /> If Lender re�eives a payment from Barrower for a delinquent Peri�dic Paym�n�wh�ch zn�ludes a suff�c�ent <br /> amount�o pay any la�e charg�du�, �he payment may be app�ied to �he delinquent payment and the ta�e <br /> Charge. If more than one Period�c Paym�n� �s�utstanding, Lender may apply any paymen� receiv�d from <br /> Borrower�a the repayment of th�P�rzod�c Paymen�s �f, and�o the exten�tha�, each paymen�can be paid in <br /> full. T�the ex�ent�ha�any excess e.x�sts af�er the payment is app�ied to the fu��payment of one flr more <br /> Period�c Payments, such excess ma�be appiied�o any la�e charges due. Volun�ary pa•epaymen�s shal� be <br /> appl ied �rst to any prepayment charges and then as descr�bed in the Note. <br /> N�BRASKA-Sing#e�amily-�annie MaelFreddie Mac 11NIFQRM INSTRlJMENT Form 3028 11�1 <br /> VMP[r� VMPfi=NE}(130�f <br /> Wo�ters K luwer�inar�cisl Ser�ices Page 4�f�7 <br />