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201005931 THIS SECI7RiTY nvsTItUML~rr cambiues uniform covarants for national use and nan~mifo:m covenants with limitai variations by jurisdiction to constitute a uniform security inshvmart covering real Pl'DPa'tY- UNIFORM COVENANTS. Borrower and Lender caveaaant 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 an, the debt evidenced by the Note and any Prepayment charges and late charges due under the Note. Bomawer shall also pay funds far Escrow Items pursuant to 5ectian 3. Payments due under the Note and this Security Instinnmtent shall be made in U.S. curirency. However, if any check or other instrument received by Lender as paymerrt under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequant payments due undea the Note aml this Security Instrument be made in one ar more of the fallowing forms, as selected by Lender. (a) cash; (b) money order, (c) certified check, bank check, tr~esaurer's check ar cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrnmentality, or egtity; ar (d) Electronic Funds Transfer. Payments are deemed received by Lender whar received at the lncatian designated in the Note or at such other location as may be designated by Lender in accordance with the notice pmvisio~ in Section 1S. Lender may return any payment or partial paymant if the payment ar partial paymeants arc insug'iciant to bring the Loan currant. Lender may accept any payment ar partial paymart insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such Payment or partial paymarts in the future, but Lender is not obligated to apply such paymants at the time such paytnepts are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lendea need not pay interest on unapplied fiords. Lcndea may hold such uanapplied fiords until Bot~wer makes payments to bring the Loan cuirart. If Hoxmwer does not ~ so within a reasonable period of time, Lender shall either apply such funds or return them to Bomowex. If not aPPlied earlier, such fiords will be applied to the outstanding principal balance under the Note immediately Prior to foreclosure. No offset or claim which Borrower might have now ar in the future against Lender shall relieve Baaower from making payments due under the Note and this Security Instrament or performing the covenants and agreements secured by this Security Instrument_ 2. Application ni Payments or Proeeeds. Except as otherwise desenbed in this Section ~, all payments accepted std applied by Lender shall be applied in the fallowing order of priority: (a) interest due under the Note; (b) principal due under the Nate; (c) amounts due under Section 3. Such payments shall be aPPlied ro each Periodic Payment in the order in which it became due. Airy remaining amnuuts shall be applied fast to late charges, seeond ro any other amounts due under this Security Instrument, and than to reduce the principal balance of the Note. If Leader receives a payment from Borrower fior a delinquart Periodic PaymeaiR which includes a sufficiart amount to pay any late charge due, the payment may be applied to the delinquent paymart and the late charge. If mare than anc Periodic Payment is outstanding, Lender may apply any paymart received from, Borrower ro the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in finll_ To the extent that any excess exists after the payment is applied to the full Payment of ono m more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and than as described in We Nate. Any application of payments, insurance proceeds, or Miscellsme~ous Proceeds to principal due under the Note shall not extend or postpone the due data, ar change the amount, of the Periodic Paymarts. 3. Ihmda for Escrow Itemr. Barnawer shall pay to Leer an the day Periodic Payments are due undex the Nato, until the Note is paid iw full, a sum (the "Funds") to Provide far payment of amounts due for: (a) taxes and assessments and other items which can attain priority aver this Security Instrument as a lien or encumbrance on rho Property; (b) leasehold payments ar ground rants an rho Property, if any, (c) premiums far any and all insurance required by Lander under Section 5; and (d) Mortgage Insurance NEBRAtsKA- Sirgia FamNy - Fanrda MaalFnddM Mac UNIFORM INSTRUMENT ~~~ (0011) Pape 4 of 1b NNlld~ '^+~V'!^'"~ Farm 3Qffi 11b1