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201oo�4so THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform cvvenants with lirnited variations by jurisdiction to constitute a uniform security instruir�ent cvv�ring real property. UNIFORM COVENANTS. Borrower and T.ender covenant and agreE as fallows: 1. Payment of Principal, Interest, F.scrow 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 charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Paynnenis due under the Note and this Security Instnunent shall be made in U.S. currency. However, if any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to I.ender unpaid, Lender may require that any or all subsequent payments due under the Nate and this Security Instrument be rnade in one or more of the following forxns, as sel�cted by Lender: (a) cash; (b) rnoney order; (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. Paym�ents are deemed receive� by I.ender when received at the location designated in the Note or at such other location as may be designiated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or partial payment if the payrnent or partial payments are insufficient to bring the Loan current. I..ender may accept any payment ar partial payrnent insufficient to bring the Loan current, without waiver of any rights hereunder ar prejudice to its rights to refuse such payment or partial payments in khe future, but Lender is not obligated to apply such payrnents at the time such payments aze accepted. If each Periodic Payment is applied as of its scheduled due date, then T,ender need not pay interest on unapplied funds. Lender may hold such unapplied fun�ds until Borrawer makes payments to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to the outstanding principat balance under the Note immediately prior to foreclosure. No affset or claim which Bo�rrow�r might have now ar in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Instrument ar perfomning the covenants and agreements secured by this Security Instrument. 2. Application of Payments or Proceeds. Except as othe�rwise 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 Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any remaining amaunts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance pf the Nate. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payrnent rnay be applied to the delinquent payment and the late c.�arge. If more than ane Periadic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. 'I'o the extent that any excess exists after the payrnent is applied to the full payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first ta any prepayment chazges 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, or change the amount, of the Periodic Payments. 3. Ftinds for Escmw Items. Barrower shall pay to Lender on the day Periodic Payments aze due under tt�e Note, until the Note is paid in full, a surn (the "Funds") to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain priority over this Security Instnunent 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 Se�tion 5; and (d) Mortgage Insurancc NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORIVI INSTRUMENT (�-6(NE) Ioe> > 1 Pag9 4 of 16 in�t�ais: �. �l � Form 3028 1101 � , , s t � ! i � ' ," � , F � �