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i <br /> 2� 1 ��8282 <br /> t��ring the Loan current,without waiver af any rights hereunder or prejudice ta its rights to refuse <br /> such payment or partial paymen�s in the fu�ure,but Lender is nv��bligated to apply such payments at <br /> the t�me su�h payments are accepted. If each Periodic Payment�s�pp�ied as�f its sche�du�ed due date, <br /> then Lender need nat�ay interest�n unapplied funds.Lender may hold such unapplied funds until <br /> Borrawer makes payments to bring the L�an current.If Borrower da�s n�t do s�within a reasanable <br /> per�od of�ime, Lender shall�ither apply such funds ar return them tv Barrawer. If not applied ear�i�r, <br /> such funds v�ill b�app�ied t�the�utstanding principal balance under the Note i�mmediately priar <br /> tv foreclosure.Na af�'set or claim v�hich Borrov�er might have now or in�he future against Lender <br /> sha11 relieve Bc�rrflwer fram making payrnents due under the Nate and this Security Instrument or <br /> perfarming the co��nan�s an�agreements secured by�his Security Instrument. <br /> 2. Ap p i i�ati o n of Payments o r Pro�e�d s.Except as athervv�se described in this Sect�on�, <br /> a11 payments accep�ed and app��ed by Lender shall be applied�n the fallawing order vf pri�rity: <br /> (a} interest due under the Note; (b}principa�due under�he Nate; �c)amaunts due uncier Section 3. <br /> Such payments shall be applied ta each Periodic Payment in the order in which it became due. Any <br /> remaining amounts shall be applie�first to late charges,second to any a�ther am�unts due under this <br /> Security�nstrument, and then to redu�e the princ ipal balance af the Note. <br /> If Lender re�e��es a payment fram Borrower for a�elinquent Perioclic Payment which includes a <br /> sufficient am�unt ta pay any late�harge due,the payment may be applied to the delinquent payment <br /> and the late charge. If more than ane Per�odic Payment is vuts�anding,Lender may appl�any payment <br /> received from Borrower to�he repaym�n�of the Peri�dic Payments if,and to�h.e extent that,each <br /> payment can be paid in fu11. Ta the ex�en�that any excess exists af�er the paym�nt is applied to the <br /> fu1�paymen��f ane or m�re Peri�dic Paymen�s,such excess may be applied�v any late charges due. <br /> Voluntary prepayrnents sha11 be applied f�rst to any�repaym�nt chaxges and�hen as described in the <br /> I�To�e. <br /> Any app�ication vf payments,in�urance praceeds,.or Misce�laneous Praceeds�o principal due under <br /> the N�te shall n�t extend or�vstpone�e due date;or charige the amount,�of t�ie Pen�dic Payments. <br /> 3. Funds for Escrow Items. Borrower shall pay to Len�.er on the day Perivdic Payments are <br /> due under the Nate,until the No�e is paid�n fu�l,a sum(�he "�'unds"}tio provide far payment of <br /> amaunts due for: (a�taxes and assessmen�s and other items whi.ch can attain priority�ver th�is Secur�ity <br /> Instrument as a lien ar encumbr�nce vn the Property; (b}leasehald payments or grvund r�nts on <br /> the Property,if any; �c}premiurns far any and all insurance required by Lender under Section 5; <br /> and�d)M�rtgage�nsurance premiurns,if any, or any sums payable by �vrrower to Lender in lieu <br /> ❑f the payment af Mortgage Insurance premiums in accordance with the provisions of Section 1�. <br /> Th�se items are called "�scrow Items". At origina.tian or at any time during the term of the Loan, <br /> Lender may require that Community Association Dues,Fees,and Assessrnents,if any,be escrawed <br /> by Barrovver,and such dues,fees and assessments sha11 be an Escr�w Item.Borrawer shall prflmptly <br /> furnish�a Lender a11 notices of amounts to be paid under this Section. Barraw�r shall pay Lender the <br /> Funds for Escrow Items unless Lender waives Barr�wer's obligati�n to pay the Funds for any�r a11 <br /> Es�row Items. Lender may waive Borrower's obligatian to pay to Lender Funds far any or all Escrow <br /> Items at any time.Any such waiver may�nly be in writing. In t�ie event of such wai�er,B�rrov�er <br /> sha11 pay directly,when and where payable,the amaunts due for any Escrow Items far which <br /> payment of Funds has�een waived by Lender an�.,if Lender requires, shall furnish ta Lend�r rece�pts <br /> evidencing such payrnent within such time peri�d as Lender may re�uire. Borravver's obligati�n to <br /> make such payments and to provide receipts shai�for a11 purp�ses be deemed to be a cavenant and <br /> agreemen�cnntained�n this Security Instrumen�, as�he phrase "cavenant and agreement" is used in <br /> $ozss�sss� <br /> NEBRASKA-$ingle Family-Fannie Ma�lFreddie Mac UNIF�M�NSTRUAAENT Form 3��8 1101 <br /> VMP� Ofi12D18 <br /> Wolters Kluwer Fir�ancial SErvices �415�12816.1.3.362�-.i2D16�8�5Y Page 4 of i7 <br />