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201UU7478 THIS SECURITY INSTRUMENT combines uniform Govenants for natipnal use and non-uniform cavenants with limited variations by jurisdiction to constitute a uniform security instrurnent 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 the Note and any prepayment chazges and late chazges due under the Note. Bo�rrower shall also pay :fucids for Escrow Items puxsuant to Section 3. Payments due under the Note and chis Security Instrwnent shall be made in U.S. cuzxency. However, if any check or other instrurnent received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender nnay require that any or a11 subseyuent paynnents due under the Note and this Security Instrument be made in one ar rnore of the following forms, as selected by Lender: (a) cash; (b) money arder; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Payments az�e deen�ed received by Lender when received at the location designated in the Note or ac such other location as may be designated by Lender in accordance with che notice provisions in Section 1S. Lender may return any payment or partial payment if the payment or partial paynnents ace insufficient to bring the I..oan current. Lender may accept any payment or partial payment insufficient to bring the Loan cunrent, without waiver of any rights hereunder or prejudice to its rights ta refuse such payment or partial payments in the future, but L.ender is not obligat� 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 nced nat pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payrnents to bring the Loan current. If Borrower does not do so within a reasonable period of tirne, Lender shall either apply such funds or return thern to Borrower. If not 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 futuxe against Lender shall relieve Borrower from making payments due under the Note and this Security Instrument or perfornung the covenants and agreements secured by this Security Instrument. 2. Application of Payrnents or Proceeds. 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 wr�der the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Paym�ent in the order in which it became due. Any remaining amounts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If I.ender receives a payment from Borrower for a delinquent Periodic Paynnent which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If more than one Periodic Payxx�ent is outstanding, Lender ma,y apply any payment received fram Borrower to the repayment of the I?eriodic 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 full payment of one or rnore Periodic Payments, such excess may be applied ta any late chazges due. Voluntary prepayments shall be applied first to any prepayrnent charges and then as described in the Note. Any application of payrnents, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date, ar change the ampunt, of the Periodic Payments. 3. Fnnds for Escrow Items. Bormwer shall pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds") to provide for payment of amounts due for: (a) taxes and assessnr�ents and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance NEeRA$KA -$ingle Family - Fannie Mea/Freddie Mac UNIFQRM INSTRUMENT �-B�NE) �osttl Page4of 15 inicisis: Form 3028 7/07 �� j �r �� . � ,' `