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2� 17��771 <br /> B�RR�WER C�VENANTS that Borrower is lawfully seised nf�he es�ate hereby conveyed and has the r�ght�a <br /> grant and cari�ey the Property and that the Proper�y is unencumbered, except for encumbrances of re�card. <br /> Borrower warrants and wi�l defend gen�ra�l�the title to the Property against all c�aims az�d dem�ands, subjec#to <br /> any encumbrances af recard. <br /> THIS SE�URITY INSTRUMENT combines uniform co�er�ants for national use and n�n-uniform co�enants wi�h <br /> , limited�ariat�ons by jwrisdic�ion to constitute a uniform security instrument co�ering real property. <br /> Uniform Co�enants. Borr�wer and Lender co�enant and agree as fol��ws: <br /> 1. Payrnent�f Principal. lnterest. Escrow Items. Prepayment Char�es, and Late Charges. Borrower <br /> shall pay when due the principa�of, and interest on, the debt e�idenced by the Note and any prepayment <br /> charges and late charges due under the Note. Borrower sha11 a�so pay funds for Escrow�terr�s puxsuant to <br /> Section 3. Paym+ents due under the Note and this 5ecurity Instrument shal�be made in U.S. currency. <br /> Howe�er, if any check or atlier instrument recei�ed by Lender as payment under the Note or this Security <br /> Instrument is returned to Lender unpaid, Lender mtay r�quire tha.t an�or a11 subsequent payments due under <br /> . <br /> �he Note and this Security Instrumen�be n�ade in one or more of the foliawi.ng forms, as sel�c�ed by Lend�r: <br /> (a}cash; �b}money order; �c}certified che�k,bank check, treasurer's check or cashier's che�ck,provided any <br /> such check is drawn upon an institution whose d�pasits are insured by a fed�ral agency, irLstrumental�ty, or <br /> entity; or(d}Electronic Funds Transfer. <br /> Payn�ents are deemed receiWed by Lender when recei�ed at the location designated in�.ie Note or at such <br /> other lacation as may be designated by Lender in accordance w�th�he notice prav�isions in Section 15. <br /> Lender may return any payment or partial payment if the payment or partial payments are insuf�icient to <br /> bring the Loan current. Lender m�ay a�ccept any payment�r partia�paymen�insufficient to bring�he Loan <br /> current, without wa��er af any rights hereunder or prejudice to its rights�o refixse such payment or partial <br /> payments in the future, but Lender is nat obligated to app�y such payments at the tu�e such payments are <br /> accepted. If each Period.ic Payment is applied as af its scheduled due da�e,�h�n Lender need not pay�nterest <br /> on unapp�ied funds. Lender may hold such unapplied funds unti�Barrower makes payments to bring the <br /> Loan current. If Borrower does not do so w�thin a reasanable period of time, Lender sha11 ei�her apply such <br /> funds or return them�o Borrower. If nat app�ied ear�ier, such funds will be applied to the outstanding <br /> principal balance under the Not�immediately prior to forec�osure. No offset or cla�m which Borrower might <br /> ha�e now or in the future against Lender shall relieve Borrawer from making paymen�s due under the Not� <br /> and this Security Instrument or perfornung the co��nants and agreements secured by this Se�curity <br /> Ins�rument. <br /> 2. Application of Payments or Proceeds. Exc�pt as otherwise described in this Section 2, all payments <br /> accepted and applied by Lender sha�I be applied in the follawing arder of priflrity: (a}interest due under the <br /> Nate; �b}principal due under the 1�To�e; �c}amounts due under Section 3. Such payments sha�l be applied ta <br /> each Periodic Payment in the order in which it became due. Any rem,aining amounts sha1�be applied f�rst to <br /> late charges, second to any other amaunts due under this Secwcity�nstrument, and then to reduce t11e <br /> princ�pa�balance of the Note. <br /> If Lender recei�es a payment from Borrower for a de�inquen�Per�odic Payment which includes a suf�icient <br /> amowat to pa�any�ate charge due, the payment m�ay be applied ta the delinquent paymen�and the late <br /> charge. If more than one Periodic Payment is outstanding, Lender may apply any payment recei�ed from <br /> Borrower to th�repayment of the Per�odic Payments if, and ta the extent tha�, each payment can be pa�d in <br /> full. To the�xtent that any excess exists after the paymen�is applied ta the full payment of one ar more <br /> Periadic Payments, such excess ma.y be applied�o any late charges due. Voluntary prepayments sha11 be <br /> applied firsr to any prepaymen�charges and then as d�scribed in the Note. <br /> NEBRASKA-Smgle Famify-Fannie Maelfredd�e Mac UNf��RM INSTRUMENT Form 3D28 11�� <br /> VMP� VMPBtNEf(1342f.Q4 <br /> Wolters Kluwer Financial Services Page 4 of 17 <br />