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20~.oo7i52 Payments are deemed received by Lender whieta received at the location designated inthe Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section I S. bender rxiay return arty payment or partial payment if the payment or partial payments are insufficient to bring the Toan cnrrerrt. Lender may accept arty payment or partial payment insufficient to ]ring the Loan current, without waiver of airy rights hereunder or prejudice to its rights to refuse such payrraelrt or partial payrnerits in the future, but Leander is not obligated to apply such payn~rds at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due data, then Lencl~s need not pay intermit 4n unapplied funds- Lender may hold such unapplied funds until Borrower makes paynaernc to bring the Loan cturer~. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds oz return them to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance urger the Note immediately prier to foreclosure. No offset or claim which Borrower might have now or in the future against Lendex shall relieve Borrower from snaking payments due under the Note and this Security Instnmient or performing the covenants and agreements secured by this Security lnslxunaent. ~. Applicatlan of Payments or Proceeds. Except as otherwise de~ribed 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 Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment iu the order in which it became due. Any remaining amounts shall be applied fast to late charges, second to arty other amounts due under this Security lnshtunent, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which. includes a sufficient aurount to pay any late charge due, the payment may be applied W the delingr~nt payment and the late charge. if mare than acne Periodic Payment is outstanding, Lender tray apply any payment received fromBoxtrnver to the repayment of the Periodic Payments if, and to the extent that, each payment eau be paid in full. To the extent that only excess exists alter the paymerrt is applied to the fuif payment of one or mare Periodic Payments, such excess may be applied to arty late charges due. Vohmtary prepayments shall be applied trust to any prepayment charges and then as described in the Note. Any application of ~yments, insurance Ixoce~s, ar Mrscellan~eous Proceeds to principal due under the Nate shall trot extend ar postpone the due date, ar change the ai~unt, of the Periodic Payrraents. 3. P`ands for Escrotr Items. Borrower shall pay to Tender on the day Periodic Payments are due antler the Note, until the Nate is paid in full, a sum (flee "Funds") to prrovide for payment of amounts dce for. (a) taxes and assessments ark other items which can attain priority over this Security lnshvnaent as a lien or encumbrance on the Property: (b) leasehold paymens or ground rents on the Property, if arty; (c) prtrminms four any and all insurance required by Lender urger Section S; and {d) Mortgage Insurance premiums, if arty, or arty sums payable by Borrower tci Lender in lieu of the payment of Mortgage Insurance premiums in accordance with the provisions of Section ld. These items arc called "Escrow Items." At origination or at arty time during the team of the Loan, Leudor may require that Comrxnurity Association Dues, Fees, sod Assam, if arty, be escrowed by Borrower, and such dues, fees and assesstr~ms shall be an Escrow Item Borrower shall promptly famish. to Lender all notices of amounts to be paid under this Section. Borrower shall pay Lender the Ftiru~ fur Escrow Items unless Leridex waives 13onmrover's obligation to pay the Funds far any ar all Farrow hems. Lender may waive Borrower's ol~igation to pay to Lender Funds for any or all Escrow Items at arty tirce. Any such waiver may only be in writing. In the event of such waiver, Borrower sha11 pay directly, wheat and where payable, fhe amounts due for any Escrow Items for which payment of Funds has been waived by Lender and, if Lender requires, shall famish to Lender receipts evidencing such payr~nt within such time period as Leader may require. Borrower's obligation to make such payments and to provide receipts shall for all purposes be deemed to be a covenant and agreement contained ra this Securrty Tmtn,ment ~ the phrase "covenant Arad agrcement" is used is Section 9. if Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and Boaxower fails to pay the amourx due for an Bscro'cv hear, Lender may exercise its rights under Section 9 and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender' airy sash amount. Lender' may nronke the waiver as to any or all Escrow Itarrs at any time by a notice given in accordance with Section 15 and, upon such revocation, Borrower shall pay to bender all Funds, and in such amamts, that are then requimd under this Section 3. Lender may, at any #iuae, collect and hold Funds in an amount (a) sufficient to pemrit Lender to apply the Funds at the time speciFied under RESPA, and (b) not to exceed the maximum amount a leader can require under RESPA. Lendea shall estimate the amount of Funds due an the basis of curretrt data and reasonabic estimates of expe~itnres aF Future Escrow Items ox otherwise in accordance with Applicable Law. NEBRASKA -Single Family -Fannie MastFraddia Mac UNIFORM ItrSTItUMENr /j /y~ ~/ ~7 K~ ~~N~ X171 ego 4 d re u,ac.K: ~ /~ I T Form 9P~ 'U01 1~DS-3~1E9 I~~~~~~~~~~ 00017NF_3638R76