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2� 17� 1244 Section 1 S. Lender may return any payment or partial payment�f the payment or par-tiai payments ar� insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficien� to bring the Loan current,withaut wai�er of any rig�ts hereunder or pre�udice to its righ�s to refuse such paymen�ar partial payments in the future,but Lender is no�abligated to apply such payments at the time su�h payments are ac�epted. �f each Periodic Payment is app��ed as af its sch�duled due date, then Lender need not pay interest on unapplied funds. Lender may hold such una�plied funds until Borrov►�er makes�ayments to bring the Loan�urrent. If Borr�w�r does not d� so within a reasonab�e period of time, Lender shall either apply such funds or return them to Borrower. If n�t applied earlier, such funds will be app�ied to the outstanding princ�pal ba�ance under the Note immediately prior to fareclasur�.No ofFset or claim which Borrower might have now or in the future against Lender shal�relieve Borrawer from making payments due under th�Note and this Security Instrument or performing the co�enants and agreements secured by this Se�urity Instrument. 2. Applicat�on of Payments or Proceeds. Except as otherwise described in this 5ection 2, all payments accepted and applied by Lender shall �e appiied in the following order�f priarity: �a} inter�st due under the Note; (b}pr�ncipal due under the Note; (c}amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it�ecame due. Any remaining amour�ts shall be applied first t� late charges, second to any�ther amounts due under this S��urity Ins�rument, and then to reduce the prin��pal balance of the Note. If Lender recei�es a payment from Borrow�r for a del�nquent Periodi�Payment which includes a suf�icient amount ta pay any late charge due,the payment may be applied to the delinquent payrnent and the late charge. If more than one Perifldic Payment is outstanding, Lender may apply any payment received from Borrower ta the repayment�f the Periodic Payments if,and to the ext�nt that, ea�h payment can be paid in full. To the extent that any exc�ss ex�sts after the payment is applied to the fuli payment af on�ar mare Peri�dic Payments, such excess may be applied to any �ate charges due. Voluntary prepayments shall be applied f rst to any prepayment charges and then as described in the N�te. Any applicat�on of payments, �nsurance proceeds, or Miscellaneaus Proceeds to principai due under the Note shail no�extend or postpone the due date, or change the amount, of the Per�odic Payments. 3, Funds for Es�row It�ms. Borrvwer shall pay�o Lender on the day Periodic Payments are due under the Note, until the Note �s paid in fu11,a sum �the "Funds"}to pro�ide for payment of amounts due for: �a��axes and assessments and ather items which can attain priarity a�er this Security Instrument as a lien or encumbrance�n th� Property; (b} leasehold payments�r ground rents on the Property, �f any; (c}premiums for any and all insurance required by Lender under Secti�n 5; and(d} Mortgage Insurance premiums, if any, or any sums payable by B�rrower to Lender in lieu of the payment of Mortgage Insurance prem iums in aCc�rdance with the pro�isions af Section �D. These items are called "Escrow Items." At ariginatian or at any�ime during�he term of the Loan, Lender may require that Cammunity Associati�n Dues, Fees, and Assessments, if any,b�escrovved hy Borr�wer, and such dues, fees and assessments sha11 be an Escrnw Item. Borrawer shall promptly furnish tn Lender all notices of amounts to he paid under this Section. Borrower shall pay Lender th� Funds for Escrovv Items unless Lender wai�es Borrower's abligation to pay the Funds f�r any or all Escraw Items. Lender may wai�e Borrower's obligation to pay to Lender Funds for any or all Escrow HCFG-00359 ��s4og3�� NEBRASKA-Single�amily-Fa�nie MaefFreddie Ma�IJNIF�RM INSTRUMENT Form 3028 1101 VM P� 04116 Waiters Kluwer Financial 5ervices 2D11021615.3.2.3509-J2�1 fi122�Y Page 4 of 17 � �