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2� 17�2�84 �. �4pplicationof Payments or Proceeds.Except as otherwise described in this Se�tion�a a11 payments accepted and applied by Lender sha��be applied in the follo��ng order af pritiri�y: (a}int�rest due under�he Note; (b�princtpal due under the Note; �c}amounts due under Section 3. Such payments sha11 be applied to e�.ch Periadic Payment in t�e order in which it beGame due.Any remaining amounts shall be app�ied first to �a�e charg�s, second�o any ather amounts du��.�.der th�s Secur��y�nstrumen�,and then to r�du�e�he principal balance of the Nate. If Lender receives a payment from Borrovver for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due,�he payment may be applied to the delinquent payment and the late c�iarge. If m�re than one Per�od�c Paymen�is�utstanding,Lender may apply any payment received from Borrower to the repayment of�he Periodi�Payments if,and to the extent that, each pa�ment can be paid in ful1. To the exten�that any excess exists after the payment is applied to the fu11 payment of one or more Feriodic Payments, sueh excess may be app�ied to any late charges due. Voluntary prepaym�nts shall be applied frst ta any prepayment charges and then as described in the Note. A�y applicatian of payments, insurance proceeds,or Misce�laneous Proceeds to principal�ue under the No�e sha11 not extend or postp�ne the due date,or change the amount,of the Per�odic Payments. 3. Fundsfor Escrow Items. Borravver sha1�pay to Lender on the day Periodic payments are due under the �Tote,until the Note is paid in full,a�um�the "Funds")to pro��de f�r payment of amounts due for; (a}taxes and assessments and other items which can atta�n prior�ty ov�r this Security Instrument as a lien or encumbrance on the Property; (b�leasehold payments or ground rents on the Property, if an�; �c�premiums for ariy and a11 insurance requ�red by Lender under Section 5;and(d}1Vlort�age Insurance premiums, if any, a�any sum�payable by Borro�ver to Lender in lieu of the pa�ment of Martgage Insurance premiums in accordan�e with the prov��ions of Sectian 1�. These items are called"Escrow Items."At�rigination or at any tim�during the term of the Loan,L�nder may require that Community A�socia�ion Dues,Fees, and Assessrnents, �f�n�,be escrowed by Borx`�v�er,and such dues,fe�s a�d assessments sha11�e an Escro,t�v Item. Borrawer sha11 promptly furnish to Lender a11 notices of amounts�o be paid under this Section, Borro�er sha��pay Lender the Fun�s for EscrQ�Items un�ess I�ender�vaives Bo�rower's vbligation tc�pay the Funds for any or a11 Escrovv�tems. Lender may waive Borr�wer's obliga�ion to pay to Lender Funds for any or a11 Escrovv Items at any time. Any such�vai�er may only be in writing. In the eve�t af such wai�er, Borrotiver shall pay directl�,�rhen and where payable,the amounts due for any Escro�v Items for which payment of Funds has been wa�ved by Lender and, �f Lender requi.res, shall furnish to Lender receipts evidencing such payment within such�ime period as Lender may require. Borrower's obligatio�to make such payments and tQ provide receip�s shail for aII purpases be deemed�o be a ca�enant and agreement canta.ined in this Security Instrument,as the phrase "covenant and agreement" is used in S�ctian 9. �f �orrower is obligated to pay Escrow Items directly,pursuant to a waiver,and Barrower fails to pay the amount due for an Escrow It�m, Lender may exercise its righ�s under Secti�n 9 and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such amount. Lender ma�re�oke the wai�er as to any or a11 Escro�Items at any time by a notice g��en in ac�ordanc�with Secti�n 1 S and, upon such re�ocation, �orro�ver shall pay to Lender a�l Fur�ds,and in such amounts,that are then required under this Sectian 3. I�ender ma�, at any tim�, caliec�and hold Funds�n an amount�a}suffic�ent to permit Lender to app�y�he Funds at the time specified under RESPA,and(b}not to exceed the maximum amount a len.der can requir� under RESPA. Lender sha11 estimate�he amount of Funds due on the basis of current data and reasonable estimat�s of expen�litures of future Es�row It�ms Qr otherwise in a��ordan��wi�h Appli�a�le I�aw, NE6RASKA-Sin�le Family-Fannie MaelFr+eddie Mac UNIF�RM INSTRLIMENT WITH MERS Form 3�28 1lQ1 VMP� VMPfiA[NE](13�2}.�� �Nolters K��wer�Fir�ar�cial Serv�c�s Page 5 of 1� q03373499�83 �233 457 �517