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201005053 THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument 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. Hc>rrawar shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Harrower shall also pay fiords tar Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made iti U.S. currency. However, if any check or other instrument received by Lender as payment under the Note ar this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security instrument be made in one ar mare of the following forms, as selected by Lender: (a) cash; (b) money ardor; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an ia>stitution whose deposits are it>sured by a federal agency, instrumentality, or entity; or (d) Electronic Fundy Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other lcx:ation as may ba designated by bander in accordance with the notice provisions in Section 15. Lender may return any payment or partial payment if the payment or partial payments era insuffcient to bring the Loan currant. Lender may accept any payment or partial paytnent insufficient to bring the Loan currant, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to 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 eat pay interest on unapplied funds. Lender tray hold such unapplied funds until Borrower makes payments to bring the Loan current. if Borrower does not do so within a reasonable period of time, Lender shall wither apply such funds or return them to $orrowar. If eat applied earlier, such funds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset ar claim which Borrower might have now or in the future against Lander shall relieve Borrower from making payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument. 2. Application of Payments or Froceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Nate; (b) principal duo under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order itn which it became due. Any remaining amounts shall be applied first to late charges, sawed to any other amounts duo under this Security Instrument, and than to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any lets charge due, the payment may b'e applied to the delinquent payment and the late charge. If more than one Pericxiic Payment is outstanding, Lender may apply any payment received from Harrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applied to the fi><ll payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Nnte. Any application of payments, insurance proceeds, ar Miscellaneous Proceeds to principal due under the Nate shall not extend or postpone the due date, or change the amount, of the Periodic Payments. 3. Inds for Escrow Items, Harrower shall pay to Lender on the day Periodic Payments are due under the Nate, until the Nate is paid in full, a sum (the "Funds"} to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain priority over this Sccuriry Instrument as a Tian or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if arty; (c) premiums for any and all insurance required by Lender under Section S; and (d) Mortgage Insurance NE RASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT -6(NE) tos~n r•p~q of 16 tnitia~a: ,~ Form 3028 1/p1 ~.