UNIFORM
<br />1. Paymen
<br />shall pay when
<br />charges and lat
<br />Section 3. Pa
<br />However, if an
<br />Instrument is re
<br />the Note and th
<br />(a) cash; (b) m
<br />such check is d
<br />entity; or (d) El
<br />Payments ar
<br />other location a
<br />may return any
<br />Loan current.
<br />without waiver
<br />the future, but
<br />Periodic Payme
<br />funds. Lender
<br />Borrower does
<br />them to Borrow
<br />the Note imme
<br />future against
<br />Instrument or pe
<br />2. Applicati
<br />accepted and ap
<br />Note; (b) princi
<br />each Periodic P
<br />late charges, se
<br />balance of the N
<br />If Lender re
<br />amount to pay a
<br />If more than on
<br />the repayment o
<br />extent that any
<br />Payments, such
<br />any prepayment
<br />Any applica
<br />Note shall not e
<br />3. Funds f
<br />the Note, until
<br />taxes and asses
<br />encumbrance on
<br />or any sums p
<br />accordance with
<br />any time durin
<br />Assessments, if
<br />Borrower shall
<br />shall pay Lender
<br />any or all Escr
<br />Escrow Items at
<br />shall pay direct(
<br />Funds has been
<br />payment within
<br />OVENANTS. Borrower and Lender covenant and agree as follows:
<br />of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower
<br />due the principal of, and interest on, the debt evidenced by the Note and any prepayment
<br />charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to
<br />ments due under the Note and this Security Instrument shall be made in U.S. currency.
<br />check or other instrument received by Lender as payment under the Note or this Security
<br />urned to Lender unpaid, Lender may require that any or all subsequent payments due under
<br />s Security Instrument be made in one or more of the following forms, as selected by Lender:
<br />ney order; (c) certified check, bank check, treasurer's check or cashier's check, provided any
<br />awn upon an institution whose deposits are insured by a federal agency, instrumentality, or
<br />ctronic Funds Transfer.
<br />deemed received by Lender when received at the location designated in the Note or at such
<br />may be designated by Lender in accordance with the notice provisions in Section 15. Lender
<br />payment or partial payment if the payment or partial payments are insufficient to bring the
<br />ender may accept any payment or partial payment insufficient to bring the Loan current,
<br />f any rights hereunder or prejudice to its rights to refuse such payment or partial payments in
<br />ender is not obligated to apply such payments at the time such payments are accepted. If each
<br />t is applied as of its scheduled due date, then Lender need not pay interest on unapplied
<br />ay hold such unapplied funds until Borrower makes payment to bring the Loan current. If
<br />of do so within a reasonable period of time, Lender shall either apply such funds or return
<br />r. If not applied earlier, such funds will be applied to the outstanding principal balance under
<br />iately prior to foreclosure. No offset or claim which Borrower might have now or in the
<br />ender shall relieve Borrower from making payments due under the Note and this Security
<br />forming the covenants and agreements secured by this Security Instrument.
<br />n of Payments or Proceeds. Except as otherwise described in this Section 2, all payments
<br />lied by Lender shall be applied in the following order of priority: (a) interest due under the
<br />al due under the Note; (c) amounts due under Section 3. Such payments shall be applied to
<br />yment in the order in which it became due. Any remaining amounts shall be applied first to
<br />and to any other amounts due under this Security Instrument, and then to reduce the principal
<br />te.
<br />eives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient
<br />y late charge due, the payment may be applied to the delinquent payment and the late charge.
<br />Periodic Payment is outstanding, Lender may apply any payment received from Borrower to
<br />the Periodic Payments if, and to the extent that, each payment can be paid in full. To the
<br />excess exists after the payment is applied to the full payment of one or more Periodic
<br />xcess may be applied to any late charges due. Voluntary prepayments shall be applied first to
<br />harges and then as described in the Note.
<br />ion of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the
<br />tend or postpone the due date, or change the amount, of the Periodic Payments.
<br />r Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under
<br />he Note is paid in full, a sum (the "Funds ") to provide for payment of amounts due for: (a)
<br />ments and other items which can attain priority over this Security Instrument as a lien or
<br />the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums
<br />for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance premiums, if any,
<br />able by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums in
<br />the provisions of Section 10. These items are called "Escrow Items." At origination or at
<br />the term of the Loan, Lender may require that Community Association Dues, Fees, and
<br />ny, be escrowed by Borrower, and such dues, fees and assessments shall be an Escrow Item.
<br />romptly furnish to Lender all notices of amounts to be paid under this Section. Borrower
<br />the Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds for
<br />w Items. Lender may waive Borrower's obligation to pay to Lender Funds for any or all
<br />any time. Any such waiver may only be in writing. In the event of such waiver, Borrower
<br />, when and where payable, the amounts due for any Escrow Items for which payment of
<br />waived by Lender and, if Lender requires, shall furnish to Lender receipts evidencing such
<br />uch time period as Lender may require. Borrower's obligation to make such payments and to
<br />NEBRASKA- Singe Family - Fannie Mae /Freddie Mac UNIFORM INSTRUMENT
<br />Form 3028 1/01
<br />Laser Forms Inc. (800) 46 -3555
<br />LFI #FNMA3028 -MER 9/11 Page 4 of 13
<br />Initials: PC
<br />201704348
<br />
|