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_L_~LL-L--- """ .._..11 lU,' I ' ' Iii --~,-,,---,,' -~_..- 200903171 THIS SECUlUTY INSTRUMENT combme.. uniform oovCDallts for oatlonal use and nou-Wlifom1 coVCDlllll$ with limited. VariatioDS by jurilcliction to ooDBtitute a UDifcmn security in5lnlmen1 coverillg real property. UNlFORM COVENANTS. Borrowllr and Lender covenant and ap:e 8l follows: 1. Payment of PrInclpal, Interest, &I.lrow 1mDs, Prep8ymeIIt Charpi, aDd Late ChargeI. Bonuwer sball pay when duo the prim:ipsl of, and intOl1lllt on, the debt evidenced by the Note and any prepayment charges and !ale charges due IIDde:r the Note. Bcmower shall also pay funds for Escrow ItemlI por8Uant to Section 3. Payments d\Ic under the Note and this Security lnatrumenl sball be made in U.S. wm:ncy. However, if 8llY c.beck or other \nstruml::IIt received by Llmder as p&yllllllllllllder the Note or this Securlty I:nstruIIlent is returned to Lender unpaid, Lender roay reqIIin: that any or all 8Ubscquent payments duo under the Note and this Security InsIIumBllt be made in 0IlC: or IlIOre of the following fOIlIl8, lIS selected by Lcmdcr: (a) cuh; (b) money order; (c) certified checlt, bank cbeck, trea8\lrer's check or c:ashier's check, PlVvidcd 8IIY 8Ilch check is dJ:awu upon an institution whose deposits are insored by a fIldera1 agency, In8tnmm1tality, or entity; or (d) Electronic Funds Transfer. Payment>; lire deeJned received by Lender when received at the location desiguated in the Note or at 8UCh otheJ location 88 may be deslped by Lender in accordance with the IlOtice provisions in Section IS. Lender may return 8IIY ll81lDC11t or partial payment if the paywent or partial payments arc in8Ilfflcicnt to bring the Loan current. Londer may accept any payment or partial paymenI wufficient to bring tho Loan CU1TOltt, without walver of lIII)' rigbls hereunder Or prejudice to its rights to refull8 8UCh paflDCllt or pIlrIlaI payments in the future, but Leuder is not obUaiUed to apply $IlCh payments at tho tinw such payments are accepted, If each Periodic Payment is applied lIS of Ita llCheduled due date, then Lender need oot pay interest on \lIIl\pplled funds, Lender may hold such unapplil!d funds until Borrower 0lIIkes payments to bring the Loan CUITelll. If Borrower does not do so within a reasoDlIble period of time, Lender shall either apply such funds or retum them to Borrowlll'. If not applied earlilll', such funds will be applied to the outstatllllng priDclpal balance under the Note Immediately prior to fon:clllllure. No offset or claim which Borrower might have lIllW or in the future Biainst Lender sbaIl relieve Borrower from JPlIkIng payments duo UIHIer the Nolo and this Security lnatrument or performing the covenants and agretlIIlCIlI8 secured by this Security Instrument. 2. App1lcatlon of I'aylDeDts or Proeeeds. Except lIS otherwise descnlJed. in this Section 2. all payments BCCllpted and applied by Lender sball be applied in tho following order of priority; (a) interest due under tho Nolll; (b) prlllclpal due under the Note; (c) IlIIIOUllt8 due under Section 3. Such paymenlS shall be applied to each Periodic Payment in the order in which it bocamo due. Any remalning amounts shall be applied fIrat to late chIIrgea, second to any otheJ amounts due um1er IhilI Security I:nstrtmumt, and then to reduco the principal balance of tho Note. If Lender receives a payment from Borrower for a delinquent Perlodic PaflDCll! which iDeludes a sufficient moount to pay any la1e charge due, the payment may be applied to the delinquent payment and the late charge. If more than o~ Porioclie Payment Is outstanding, Lender may apply 8IIY payment received from Borrower to the repll)'lIlBDl of the Periodic PaymCll18 if, and to the extent that, each payment can be paid in full. To the extent that any exccs& exists after the payment is applied to the full payment of OIlO or more Periodic Paymems, such ellCe8S may be applied to 8IIY late charges due. Voluntary prepaymmWI shall be applied first to any prepayment charses and then 8l described in the Note, ADy applloaliou of pll)'lll"lltll. lnsurance proceeds, or Miscellaneous Proceeds to principal due under the Note shallllOt extend or postpone the due date. or change the llIIIOunt, of the Periodic Payments. 3. Funds for Elicrow ltl!lllll, Borrower Ilball pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full, a llUIll (the "Funds") to provide for payment of amounts duo for; (8) taxes and IlIsessmonts and other items which can attain priority over this Security InslnUn8lllllS a lien or enc:mnbrance On the Proporty; (b) lea8ehold payments or ground rents on the Property, if any; (c) premi\1II18 for any and ll1l insurance required by Lender under Section 5; and (d) Mortgage Insurance 8016730387 8016730387 NEBRASKA. Singl. Famllv . Fannie M..If/.ddl. Mae UNIFORM INSTRUMENT _ 'J M () ~"'INElto.'l1 .......,. ......,-JlI'>-.-t- - Fll/m30211 1/01