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2� 1 ��8484 app�i�d�o the ou�standing principal ba�ance under the N��e �mmediafely prior to forectasure. N� offset nr claim wh�ch Barraw�r might ha�e now❑r in fh�futur� against Lend�r sha�l relieve Ba�rower from making payments due under th� N��e and this Securifiy Insfrument ar perfa�ming the �a�enants and agreements secured by this Securi�y Ins��ument. �. Application af Paymen�s ar Proceeds. Exc�p�as otherwise desc��bed in this 5e�tion �, a1i payments accepted and applied by Lender shal� b� appl�ed in �he fo�lowing order of priarity: �a}int�rest due under the Note; �b} principal due und�r�he No�e; �c}amaun�s due under Section 3. 5uch payments shal! b� app��ed �o each Peri�dic Payment in the order in whi�h it became due. Any remaining amvunts shall be applied first to late cha�ges, se�ond to any other amounts due under this Securify Instrumen#, and then to reduce�he prin�ipal balance of the Na�e. �f Lender recei�es a paym�n�frvm Barr�wer f�r a del�nqu�nt Periodic Payment which includes a sufficien�amoun�to pay any la�e�har�e due, the payment may be applied��the de��nquen�paym�nt and the late charge. If mo�e �han one P�ri�dic Paymen� is outs#anding, Lender may apply any payment recetved from Bar�-ower fio the repayme�t af the Periodic Payments if, and to �he ext�nt �hat, �ach paymen# can be paid �n fuil. To the extent that any excess exis�s after�he payment is applied �a �he�u[I payment vfi one or m��e Periodic Paymen�s, suc� excess may be applied to any late charges due. Volun�ary pr�payments shall be applied firs� to any prepayment charges and then as des�ri�ed �n the - Nvfe. Any application o� paymen�s, insurance proceeds, or M�s�ellaneous Froceeds �o pr�ncipal due under the N�te sha�[ no� extend or pas�pone the due dafe, Qr �hange the amount, of the F'eriodic Payments. 3. Funds for Es�row �tems. B�rrower sha[I pay to Lender an the day Periodic Paymenfis are due under�he Note, unfil the Nflte is pa�d in full, a sum �the "Funds"} ta pro�ide for payment Qf amoun�s due�or: �a}�axes and assessments and o�her items whi�h can at�a�n priori�y��er�his Secu��ty Ins�rument as a lien a�encumbrance on the Property; �b}leasehold payments vr g�ound rents on the Prope�y, ��any; �c} premiums for any and all insurance required by Lender under Sect�on �; and �d} Mor��ag� Insurance �remiums, i� any, or any sums payabie by Borrowe� t� Lender in i��u af the payment vf Martgage ln�urance premiums in accardance w��h �he provisiorts of Sec�ion ��. These itemS are calied "Escrow �fems." At vrig�natian ar at any �Eme during the term of th� Loan, Lend�r may r�quire that �ammunifiy Association Dues, Fees, and Assessments, if any, �e escrawed by Bvrrvwer, and su�h dues, fees and ass�ssments shall �e an Escr�w Item. Borrower sha�l promptly furn�sh �o Lende�a11 notices of amoun�s �o be paid und�r this S�ct�on. B�rrower shall pay Lender �he Funds �or Escrow If�ms unless L�nder wai�es Borrov�er's ab�igation�o pay the Funds f��any or ali Escrnw �tems. Lend�r may wai�e Borrflwer's obiiga�ian to pay to Lender Funds�'or any a�al[ Escr�w It�ms at any��m�. Arty such wai��may only be in wri�ing. In th� ��ent �f Such vtirai�er, E3�rrower sha�� pay directly, when and wnere payable, �he amounts due far any Escrow I�ems for which payment nf Funds has been wai�ed �y Lender and, if Lender requi�es, shalf furnish�� Lender rece��ts e��dencing such payment within such time peri�d as Lender may require. Borrawer's obligativn to make su�h paym�nts and �� pro�ide receipts sh�lf fiar afl purposes be deemed �o he a caWenant�nd ag�eemen�contained in this S�curity Instrument, as �he phrase "�o�enant and agreement" is used �n Secti�n 9. l�Borrower is obligated to pay Escrow ltems direcfily, pursuan��v a wa��r, and B�rr�wer fails t� pay �he am�un� due for an E��row [��m, Lend�r may exercise i�s rights under 5e�tion � and pay such amount and Borrower shall then be ob�igated unde� Section 9 ta repay to � Lender any such amount. Lender may re�oke the wai�er as �o any �r a�l Escrow Items a�any time by a noti�e ��en in a��ordance with Sec�ion '�� and, upan such re�ocafifln, Borr�wer shall pay to Lender all Funds, and in su�h amoun�s, that are�hen requir�d under this Sec�ian 3. Lender may, a� any time, Callec� and hald Funds in an amount �a} su�ficient �o perm�t Lender�o apply the Funds at the time specif�ed under RESPA, and �b} na�to exceed the maximum amaunt a �end�r can require under RESPA. Lender shall �st�ma�e the amount of Funds due an th� basis o�current data and �easonable estimates �f expenditures of �uture Escr�w It�ms or �therwise in accordance wi�h I � 3 v o ❑ � 4 s z a $ * * M c M a R T D v T � NEBRASKA--Single Fami�y�Fannie MaelFreddie Nla�UNIFORM INSTRt1MENT Ftirm 3�2$ 'fID'� �page 4 of 14 pages) Mvr#gags�adence fl�cument Center D 3D27��1�4