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~oloo~sss <br />'PHIS SECi.71Z1'1`Y INSTRUMi.:N'1' combines uniform covenants for national use and non-YUlifarrrl <br />covenants with l:irllitcd variations by jurisdiction to constitute a uniform security instrurnenC covering real <br />Propc'rtY- <br />IINIFORM COVENANTS. $arrowcr and Lender covenant and agree as follows: <br />1.. Paym;cut of Principal, Interest, ITSCrow Items, Prepayment Charles, and Late Charges. <br />Borrower shall pay when duc tllc principal of, and interest an, the debt evidenced by the Note and any <br />prepayment charges and late charges duc under the Note. Burrower shall also pay funds for Escrow Items <br />pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in IJ.S. <br />currency. IIuwevar, if any check ur other instrument received by Lender as payment under the Note ur thia <br />Security Instrument is returned to Lcndcr unpaid, Lender tray require that any ur all subsequent payments <br />due under the Nula and this Security Iusirulnent be nladc in one or Inure of the following forms, as <br />selected by Lender: (a) cash; (b) looney order; (c) certified check, bank check, treasurer's Check or <br />cashier's check, provided any s>.-ch check 15 drawn upon an institution whose deposits are insured by a <br />federal agency, instrumentality, ar entity; or (d) Electronic l~unds'1'ransfer. <br />Payments arc deemed received by Lender when received at the bcatipn designated in the Nate or at <br />such gthcr location as may ba designated by Lender in accordance with the notice provisions in Section 1S. <br />Lender may return any payment or partial payment if the payment or partial payments arc insufl"lciant to <br />bring t.hc Loan current. Lettder may accept any payment. or partial payment insufficient to bring the Loan <br />current, without waiver of any rights hercu.ndcr or prejudice to its rights to refuse such payment or partial <br />payments in the; liilure, 'but Lcndcr is not obligatccl lu apply such payments at the time such payments are <br />accepted. It' each Periodic Payment is applied as of its scheduled due data, then Lender need not pay <br />interest un unupplied filnd5. Lender may hold such unapplicd lilnds until Borrower makes payments to <br />bring the Loan current. If Borrower does nut clo so within a rca5onable period of time, Lender shall either <br />apply such funds or xcturn them la Borrower. If not applied earlier, such funds will be applied to the <br />outstanding principal balance under the Note immediately prior to fnrccl.osure..No of#sct ox claim which <br />Borrower might. have now or irl the filture against Lender shall relieve i3orrowcr from. making payments <br />duc under the Nr>te and this Security Instrument or performing the covenants and agreemcnt5 secured by <br />t}ais Security Instrument. <br />2. Application of Payments ur Proceeds. except as otherwise clascribcd in this Section 2, all <br />payments accCptc.d alld applied by Lender shall be applied in the following order of priority: (a) interest <br />duc under the Nc.-tc; (b) principal duc under the Note; (c) amounts duc under Section 3. Such payments <br />shall be applied to each Periodic Payment in the order ill which it became due. Any remaining amounts <br />shall be applied lust to late charges, second to any other amounts due Colder this Security Instrument, and <br />then to rcdncc the principal balatlee of the Notc" <br />If Lcndcr receives a payment from Borrower for a deli.ilqucnt Periodic Paylncnt wklich includes a <br />aufficicnt amount to pay any tale charge clue, the payment may be applied to the delinquent payment and <br />the late charge. 11' more than one Periodic Paylnunt is outstanding, .Le.nder m.ay apply any payment received <br />from Bormwcr to the repayment of the Periodic Payments if, amd to the extent that, each payment can be <br />paid in filll. "1'a the extent. that any excess exists after the payment is applied to the lull payment of one or <br />more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall <br />be applied first la any prepayment charges and then as described in the Nate. <br />Ally application of payments, in5uxanca proceeds, or Miscallaneou.s Proceeds to principal due under <br />the Note shall not extend or postpone the due dale, or change the amount, of the Pcxiodic Payments. <br />:i. lrull.ds lire I;scrnw Item~t. Borrower shall pay to Lcndcr on the day Periodic Payments are due <br />under the Note, r.ultil the Note is paid in filll, a surll (the "I~ultds") to provide for payment of amounts due <br />for: (ar} taxes ~rnd a5sc5smcnts and other itctns Which can attain priority over this Security Instrument as a <br />lien nr encumbrance nn the Property; (h) leasehold payments or ground rents un tllc Property, if any; (c) <br />prelzi.iums for u.r.ry and al) insurance required by Lcndcr under Section 5; and (d) Mortgage Insurance <br />NE8RA3KA- Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT <br />c.~ <br />-8(NE) (Q611) Page 4 pl15 i~~,~ai9: J ~ J• Form 3Q28 1101 <br />5 _.. <br />