Laserfiche WebLink
2� 1 ��8481 <br /> under the Note and this Security instrument sha�l be mad� �n U.S. currency. Howe�er, if any check or ather <br /> instrument re�eived by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, <br /> Lender may re�uir�that any ar a�l subsequent payments due under the Nate and this Security Ins�rument be made in <br /> ane or m�re of the following forms,as selected by Lender: �a}cash;�b}money nrd�r;�c}certified check,bank check, <br /> treasur�r's check or cashier's check,provided any such check is drawn upon an institution whose deposits are insured <br /> by a federal agency, instrumentatit�, or entity; or�d}Electranic Funds Transfer. , <br /> Payments are deemed recei�ed�y Lend�r when recei�ed at the lacation de�ignated in the Note or at such o�her <br /> Iocation as may be d�signated by Lender in accordance with the notice pra�isians in Section 15. Lender may return <br /> any payment ar par�ial paymen�if the payment or partial payments ar�insufficient ta bring the Loan current. Lender <br /> may accep�any payment or partial payment insuffic�ent to bring th� Loan current, without wai�er of any ri ghts <br /> hereunder or prejudice to ifs rights to refuse such payment or partial payments in the future, bu� Lender is nat <br /> obligated to apply such payments at the time such payrnents are accep�ed. If each Periodic Payment is applied as af <br /> i�s scheduled due date,then Lender need n�t pay inter�st on unapplied funds. Lender may ho�d such unapplied funds <br /> until Borrower makes payment to bring the Loan current. �f Borrower dves not do so within a reasonable period of <br /> time, Lend�r shall either app�y such funds ❑r return them to Borro�er. If not applied ear�ier, su�h funds will be <br /> applied ta the ❑utstanding principal balance under the Nate immediately prior to foreclosure. No of�'set or claim <br /> which Bflrrower might hav�naw ar in th�future against Lender shall relie�e Borrower fram making payments due <br /> under the Note and�his Secur�ty Instrurnent or performing the co�enants and agreements secured by this S�curity <br /> Instrument. <br /> 2. Application of Payments or Proceeds. Except as atherwise described in this Section 2, all payments <br /> accepted and applied by Lender sha�l be applied in the following order of priority: �a}interest due under the Nflte; <br /> �b)principal due under th�Note; �c�am�unts due under Section 3. S�zch payments shall be appiied to�ach Periodic <br /> Paym�nt in the order in which i�became due. Any rema�ning amounts sha11 be appl�ed first to late�harges, second <br /> �a any other amounts due under this Security Instrument, and then to reduce the principal balance af the Note. <br /> If Lender recei�es a payment from Bflrrower for a d�linquent Periodic Payment whi ch includes a sufficient <br /> amount to pay any late charge due, the payment may�e applied to th�delinquent payment and the late charge. If <br /> m�re than one Periodic Payment is ou#standing, Lender may app�y any payment recei�ed from Borrower ta the <br /> r�payment�f the Periodic Payments if, and ta the extent that, each payment can be paid in futl. To�he extent that <br /> any�xcess exists after the payment is applied ta the fuli payment of ane or mare Periodic Payments, such excess may <br /> be applied to any la�e charges due. Voluntary prepayments shall be applied first to any prepayment charges and then <br /> as described in the Note. <br /> Any app�icatian of paymen�s, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note <br /> shal�not�xtend vr pos�pone the due da�e, or chang�the amaunt, of the Periodic Fayments. <br /> 3. Funds for Escrow Items. Borrawer shal�pay to Lender on the day Periodic Payments are due under the <br /> Note, until the Note is paid in full, a sum�the"Funds"}to pravide for payment of amounts due for: �a}taxes and <br /> assessments and other items which can attain priority over th�s Security Instrument as a lien or encumbrance on the <br /> �rflperty; �b� leasehold payments or ground rents nn the Praperty, if any; �c}prem�ums for any and aIt insurance <br /> required by Lender under Section 5;and�d}Mortgage Insuranc�premiums,�f an�, or any sums payable by B�rrawer <br /> to Lender in lieu�f the paymen�of Martgage Insurance pr�m�urns in accardarice with the provisions of Section 1�. <br /> These it�ms are ca�led"Escrow I�ems." At origination or at any time during the term of the Loan,Lender may re9uire <br /> that Community Association I�ues,Fees,and Assessments, if any, be escrowed by Borrower,and such dues, fe�s and <br /> assessments shail be an Escraw Item. Borr�wer shall promptly furnish to L�nder a��notices af amounts to be paid <br /> under this Se�#.ion, Borrower shal� pay Lender the Funds for Escrow Items unless Lender wai��s Borrower's <br /> obligation to pay the Funds far any or all Escrow Items. Lender may wai�e Borrower's obligati�n to pay to Lender <br /> Funds f�r any or all Escravv Items at any time. Any such waiver may anly be in writing. In the event of such wai�er, <br /> Borrower shall pay directly, when and where payable, the am�unts du�for any Escrow Ttems for which payment of <br /> Funds has been waived by Lender and, if L�nder requires, shall furnish to Lender receipts e�idencing such payment <br /> within such time period as Lender may reQuire. Borrower's obligatian to make such paym�nts and to provide receipts <br /> sha�l for a11 purpases be deemed ta��a co�enant and agreement contained in this Security Instrurnent, as the phrase <br /> NEBRASKA--SingLe Famiiy--Fannie MaelFreddie Ma� IJNIFORAlI IIVSTRUMENT- MERS D��IHaglc <br /> Form 3�28 �lQ� Page 4 of 15 www.dvcmagie.cvm <br /> . <br /> . <br />