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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 />