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200207064. UNIFORM COVENANT'S. Borrower and Lender covenant and agree as follows'. I. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower Shall pay when due the principal of. and annual nn, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Bonowe shall also pay funds for Esurw items pursuant to Section 3. Paymrnts due under lire Note and this Security Inslmrimnt shall be made In US currency However, if any check or other Instrument re coved by Lender as payment under the Note or this Security hutrnment x returned to Lender unpaid. Lender may require that any or all subsequent payment duc under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender. (a) cash: (h) money order: let xinifed check, bank check, heAullrelS check or oAshaor chock, provided any such check IS drawn upon an institution whose deposits are insured by a federal agency. 'nature nl:dily, At mine: or (d) Electronic Funds Transfer. Pyyments ore dimmed received by Lender when received at the lueaion designated in the Note or it such other laea5m as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or prrial payment if the PuYnleut or partial payments are inauffiaent to bring the Loan current Icnder may accept ally Payment Or partial Payment "importer to bring the Loan Parent, without waiver of any agars hereunder or prejudice hi its rights to refuse such Payment nr partial payments in W Ac e mn but Lender is sal obligated to apply such Payments at the time such payments are accepted_ It each Periodic Payment is applied as of Its sehcdulel due date. them ICache need not pay IuWerl n unapplied Funds. Lender may hold such mappled lands until Borrower makes puymeer m bring the Loan tcurrent. If Burrower does not do SO widlin a rearmahle period of rule, Lender shall either apply such Hands nr return them to Borrower. It lint applied earlier, such funds will be applied to the outstanding prindpal balance under tire arch arche - arrinedrately prior In lorecloame. No offset I which Borrower mlyJ t my r in the future AVaIdPt headed shall aloe B. r from making 1 ymenn due under the Note I taiz S CCU rity Insrmment Or performing the covenants, and agreements secured by this security Instrument, 2. Application of Payments or Proceeds. E' pt as Chastise d I ed In this S rc 2 ll pay ne rts accepted and applied d I y Lender Shall b.Applied In [lie follo • order of pretax: (a) Interest due under the Note, (h) principal due ands the Note. (c) amounts doe mtdn Section 3. Suet] paymems shni he applied to each Periodic Payment in the Order in which It became due Any ordinary amounts shall be applied first to late charges, Second to any other amaama due under this security Instmment, and then to redraw the principal balunec of the Note. 11 'Lender receives a payment frtnn Borrower for a delinquent Periodic Payment which Includes a sofficicnt tint to Pay any title charge due. the payment mw be applied to the delinquent payment and the late charge. it mum than one Periodic Payment is outstanding. Lender may apply any payment mmlvcd from Borrower to the repayment of the Terrible Payment If, avd to the extent Nat, each payment can be paid in full. To the extent Ihm a exists after the payment IS applied m the full Payment ur uric n re Periodic m Payments, sorb meacwamey he applied to any late ehkvgev dine. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note Any application of payments, Mallaucc proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due dime, or change the amount of the Periodic Payment. 3. Funds for Escrow Items. Borrower shall Pay to Lender on the day Penal is Payments are due under dire Note, until the Note is paid In full, a sum (the "Funds ") to provide for payment of amounts due for. (a) taxes and a eats and other items which e. attain priority over lace Security Instrument is I lien n on t umhrand on the Property; Ibl leasehold payments tin 5, a rent) m the Property. If tiny: (c) premiums for any aced All insurance regalrvf r t Lender under ell of the end (d) Mortgage age Insurance premiums, if any or y with bl b si err m Leda' 'I of the payment of Mortgage , - premiums .cordere ney the perm n s Of Senor ad fir a called Fscmw LLen At Origination or d any lime ts, it the term of the try Bo over, may ch buy that Cnmmunity Asaociall b Dues. Fes. and riorro Assessments, if any.. be esumwed by dall and sect dams, Pecs and e Peru uncle shall be an Escrow Item err S all 1 Fu f 'sir Lender II I s u be p's d h section. B -- wet Shall pay L ode the Funds Lead ❑ unless Lunde o - Obligation or to ply tl F or for an , II mscr It Lends, p wave An obligee to pay to Lend Funds fort ny � r all v or Fsc w Items at any time Any such w may only be in writing- In Ns, eves of such w -. Bortowet elver ahwt shall pay directly, n when and where payable, We amorous due for any n to Le der for which payment of Ponds has been wuivwl by Lender and. er Lender squires, shell furnish m Lender receipts evidencing such payment within suds time period as Lender rimy require. Borrowers oNiguGnn to make such payments and to NEBRASKA - Single Family - Fannie MaelFretlEte Mac UNIFORM INSTRUMENT Form 3028 F1111 I'S ( eoo)mcwss OF rrvmn Page a of 19 Initials _ f rIx`/IN/h°tY, '