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200909726 BQRROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encrmrbrarrces of record. Borrower warrants and will defend generally the title to the Property against all claims and denrarrds, subject to arry encumbrances of record. THIS SECURITY INSTRUMENT combines rrrriform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instnmrerrt covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, .Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by dre Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items prusuarrt to Section 3. Payments due under the Note and this Security LrsUument shall be made in [I.S. currency. However, if any check or other instmment received by Lender as payment under the Note or this Security h~inrment is relurrred to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security hrstrvment be made in one or more of the following farms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashiers check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instnmrentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received ai the location designated in the Nole or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or prutial payrrrent if the payruerrt or partial payments are inuufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial paymer~s in the future, but Lerxler is not obligated bo apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied Funds until Borrower makes payment to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such famds or reiurn them to Borrower. If not applied earlier, such frurds will be applied to the outstarxlirrg principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower from malting paymerds due under the Note and this Security Instrument or petformirrg the covenants and agreemerrLs secured by this Security InShvment. 2. Application of Payments or Proceeds. Except as oWerwise described in this Section 2, all paymens accepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Note; (b) prirx:ipal dry under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any rerrrairrirrg amounts shall be applied first to late charges, second to any other amountiS due under this Security Instrument, and then to reduce the principal balance of the Note. U Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. V more than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent that; each payment cau be paid in full. To the extent that any excess exists after the payment is applied to the full payment of one or more Periodic Paymeuts, such excess may be applied to arty late charges due. Volwntary prepayments shall be applied firsi to any prepaymeni charges and Then as described in the Note. Any application of payments, insururrce proceeds, or Miscellaneous Proceeds t4 principal due under the Note shall not extend or postpone the due date, or change the amount, of the Periodic Payments. 3. Funds for Escrow Items. Borower shall pay bo i,errder on the day Periodic Payrnerrts are due under the Note, until the Note is paid in full, a sum (the "FurxlS") ttr provide for payment of amourLLs due for: (a) taxes and assessments and other items which can attain priority over this Security lrrstrtimrent as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiurrn for any acrd all insurance required by Lender under Section 5; and (d) Mortgage Irrsururce 001120991870 CitiMortgage 3.2.27.13 V5 NEBRASKA -Single Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMENT WITH -6A(NE) ~as1o~ Hags 90115 iii:~ Form 3D28 1lD1