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2� 17��3�5 B�RR��VER��VENANTS that Borrower�s lawfully seised of the estate hereby canveyed ar�d has�e r�ght to grant and convey the Property and that the Pragerty xs u�encumb�red, e�c�pt far encumbrances of record. Borr�wer warrants and wi�Z d�fend genera�Zy t,he�it�e to the Propert�against a.�l claims and demands, subject to any encumbrances of recard. THIS SECURITY INSTRUMENT com�vines uniiform cvvenants far national use and non-unifarm cflvenants with limited variations by jurisdict�on to�onstitute a uniform security instrument cover�ng real praperty. Unifarm C�venants. Barr�wer and Lender covenant and agree as fa��ows: . �. Payment of Principal, Interest, Escrow ltems, Prepayment �harges, and Late �harges. Borr�wer sha11 pa�when due�he principal of, and interest�n., the debt evidenced by the Note and any prepa�ment � charges and late charges due under th�Not�. Borrovver sha11 also pay funds for Escrow Yterns pursuant to Sectian 3..Paymen�s due und�r the Note.artad th�s Security Ins�trument shal�be made in U.S. currency. Havvev�r, xf any check or other instrument received by Lend�r as paym�nt under the Note ar this Security Instrument is returned to Lender unpaxd, L�nder may require�1iat an�or a11 subsequent payments due under the Note and this Security Instrument be made�n.�ne or mvre of the follo�vir�g farms, as se�ect�d by Lend�r: �a} cash� �b}money vrder; �c}certi�ed�heck, bank check, treasurer's check or cashzer's check, pravided any such check is dravvn upon an xnstitution�vhose deposits are insured by a federal agency, xnstrumentality, or entit�; or�d� Electronic Funds Transfer. Paymen�s are deemed recexved hy Lend�r when received at#he location designated�n the Note or at such . other lacatian as may be designated��r Lender�n accardance with the notice provisions in Secti�n 15. L�nder.may return any payment or partial payment if the payment or partial payments are insuff�czent to bring the Laan current. Lender ma�accept any pa�ment or partial payment insuf�icient to bring�he Loan . current, without waiver of any rights hereund�r ar pre�udice t�its rights to refuse su�h payment ar partial payments in the future, but Lender is not ob�igated�� app�y such paymen�s at the time such payments are acc�pted, If each Periodic Payment is app��ed as of its schedu�ed due date, then Lender need not pay interest on unappxi�d funds. Lender ma�r ho�d such unapplied funds unt�l B�rrvwer makes payments to bri�.g the Loan current. If Borrower does not do s�wi�h�n a reas�nahle period of time, Lender shal�either apply such funds or return�i�m�v Bvrrov�er. If not appx�ed earlier, such funds�vi�l he appZied to the au�standing principal ba.�ance under the Note immediately prior to for�cl�sur.e. No offse�or c�aiFn which Borrower might have nnw or in the future against Lender sha�I re�ieve Borrow�r from making payments due u.nd�r the No�e axad�his Security Instrument or performing the coven.ants and agreements secured h�this Security Instn�ment. � �. Applicatifln af Payments vr Prviceeds, Except as otherwise described in th�s�Sectian 2, alI payments accepted and app��ed b�Lender shal�be applied in the fo�lowing�rd�r af priori��: (a}interest due under the Note; t�}principal due under the Nate; �c}amvunts due under S�ct�an 3. 5uch payme�ts shall be app�ied ta each Periadic Payment in the�rder in which�t became due. Any remauung amounts shal�be applied first ta Iate charges, s�cond to any other amounts due und�r this SeGurity Instrumen�, and�hen to reduce the principal balance vf the Nat�. If Lender receives a payment fr�rn Barrawer for a del�nquent Periodic Payment which includes a sufficient am�u�t to pay any late charge due, th�paym�nt ma�be appl�ed to the delinquent pa�ment and the�ate charge. If more than one Periadic Payment is autstanding, Lender may apply any paym�nt received from Bvrrower to tlie repayment of the P�r�odxc Pa�ments if, and to the extent that, each payrnent can be paid in fu�l. Ta the extent�ha�any excess exist5 �fter the paym�n�is applied to the full payment of one or more Periodic Pa�rm�nts, such excess may be applied to an�late charges due. Voluntary prepayments sha11 be appiied first t�any prepayment charges and then as described in the Nate. NEBRASKA-S+ngle Fami�y-�annie MaelFreddie Mac 11NI��RM INSTRUMENT Form 3028 1I�1 VMP� VMPBiNE}�13�2y Wvlters Kluwer Fin�nciaR 5er�ices Page 4 vf i 7