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2� 17��724 <br /> B�RRaWER. C�VENANTS that B�rrower is lawfully seis�d of�he estate hereby conveyed and has the ri�ht�� <br /> �ran�and con�ey the Prape�.y and�hat the Proper�y is unencumbered, except for encumbrances af recard. <br /> Barro�er warrants and�v�ll defend gen�rally the titte�o the Property against a�� claims and demands, subject to <br /> any encumbran�es of record. <br /> TH�S 5��LJR�TY �NSTRUMENT cambines un�form Go�enants fnr national use and non-uniform�nvenan�s with <br /> ��mzt�d�ar�atians b�jurisdiction to cans�i�ut�a un�farn�se�uri�y �nstrument����r�ng real praperty. <br /> lJniform Ca�enants. Borrower and Lender covenan�and agree as fnliows: <br /> �. Payment af Principa�, Interest, Escrv►►v �tems, Prepayment Charges, and Late �harges. Barrower <br /> shall pay vvhen due th�principal af, and interes�an, th�deb��videnced by th�Not�and any prepaym�nt <br /> charges and late charges due und�r the Note. Borravver sha1� a�so pay funds for Escr�w ��ems pursuant to <br /> Sec��on 3. Payments due under the No�e and th�s Secur��y �nstrument sha�� be made zn U.S. currency. <br /> ��wever, �f any check or o�h�r�nstrument received by Lender as pay�men�under�he N�te ar this�ecur�ty <br /> �nstrumen� is returned to Lender unpaid, L�nd�r may require�ha� any�r a�� subs�quent paym�n�s due under <br /> �he Note and�hi� Security Instrument be made�n�ne or more of�he foli�wxng forms, as selected b� Lender: <br /> �a} cash; �b} mnn�y ord�r; �c}cer���ed check, bank check, �r�asurer's check or cashi�r's check, pravided any <br /> such check �s drawn upan an�n��ituti�n whose depos�ts are insured by a federal agency, ins�rumenta�ity, or <br /> �ntity; or�d} ��ectronic Funds Transfer. <br /> Paymen�s are de�m�d recei�ed by Lender when rec�x�ed at the l�ca�ion desi�na�ed in the Note nr at such <br /> �ther��cat��n as may b�d�signa��d by Lender in a�cordanc�with the notzce prov�sxans in Se��ian 15. <br /> L�nder may r��urn any pa�ment or par��al payment �f the pay�ment ar par�ial paym�ents are insufficient t� <br /> br�ng the L�an�urrent. Lender may accept an�paymen�ar par�ial payment insufficient ta bring the Loan <br /> curren�, withou.t wai��r of any righ�s hereunder or prejudice ta its rights to r�fu�e such payment or par��ai <br /> payments in the fu�ure, but Lender is not abliga�ed ta appi� such payments at th�time such pa�men�s ar� <br /> accep�ed. If�ach Periodic Payment is applied as of its scheduled due da�e, then Lender need not pay interes� <br /> on un�pplied funds. Lender may hald such unapp��ed funds�ntil Borro�rer mak�s pa�m�n�s to �ring �he <br /> Loan current. �f Borr�wer d�es not do so with�n a r�asonab�e per�od of t�rn�, L�nder sha�� eith�r appl�r su�h <br /> funds or return them ta B�rrower. �f na� applzed earl��r, such �unds will be applied ���he�uts�an��ng <br /> pr�ncipa� balance und�r the Nflte �rn�mediately priar to f�re�losure. N�flffset ar c�aim wh�ch B�rr�wer might <br /> ha��now or in the future again�t Lender sha�l re��eve Borr�u�er fram mak�ng payments due under the Nate <br /> and th�s Secur�ty�nstrument nr perfarm.ing the�ov�nants and agreement� secur�d by this Security <br /> �ns�rument. <br /> �, Applicat�on vf Payments ar Prflceeds. Except as o�herw�se�escribed in this Se�tinn 2, a�l paynlents <br /> a�c�p��d and applied by Lender shall be appi�ed in the following order of prinr��y: �a� znterest due under the <br /> Note; �b}principal due under the No�e; ��} amaunts due under Sect��n 3. Such payments shall be applied to <br /> each Peri�d�c Payment in�he order in which i�became du�. Any ren-�aining amounts shall be appli�d�rst to <br /> �a��charges, �ecand to any other amaunts due under this Securi�y �nstrument, and then��reduce the <br /> principal ba�ance of the Nate. <br /> If Lender r��ei�res a payment fram Borrnwer for a de��nquent Per��d�c Payment which inciudes a sufficien� <br /> amount�a pay any late charge due, �he payment may be appiied to the delin�uent payment and the late <br /> charge. �f mar�than ane Periodic Payment is autstanding, Lender may apply any paymen�recei�ed fra�n <br /> Borrawer to the repaym�nt af th�Periodic Payments if, and to�he ex�en�that, �ach paymen�can be paid in <br /> ful�. Ta the extent�ha�any�xcess exists after the payment zs appli�d to�he fu�l payment of�n�ar mor� <br /> Per�odic Payments, such excess may�e app�ied to any�ate charges due. Votuntary prepaym�nts shal�b� <br /> app���d�rs��o an�prepayment charg�s and�hen a� des�ribed in th�Nat�. <br /> N�BRASKA-Single Famiiy-Fannie MaelFreddie Mac�NIF�RM INSTRUM�NT ��rm 34�8�1�� <br /> VMP� VMP64N�y(13D2) <br /> Wotters Kluwer Financiaf 5er�ices Page 4 of 17 <br />