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�aioo�� THIS SECURITY INSTRUMENT cornbines uniform covenants for national use and non-uniform cavenants with limited variations by jurisdiction to constitute a unifarm security instrunnent covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment oP Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidence�i 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. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, if any che.ck or other instrument received by Lender as payment under the Note or this Security Instrument is returne� ta Lender unpaid, Lender rnay require that any or all subsequent payrnents due under the Nate and this Security Instrurnent be made in one or more of the following forms, as selected by Lender: (a) cash; (b) rnoney order; (c) certi�ed check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institutian whose deposits are insured by a federal agency, instrurnentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed receiv� by Lender when receiv�cl at the location designated in the Note or at such other location as may be designat� by Lender in acc�rdance with the notice provisions in Section 15. Lender rnay return any payment or partial payment if the payrnent or partial payments aze insufficient to bring the Loan current. I.ender may accept any payrnent or partial payment insufficient to bring the Loan cuxrent, without waiver of any rights hereunder or prejudice to its �ghts to refuse such payment or partial payznents in. the future, but Lender is not obligated to apply such payznents at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payments to bring the I.oan 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 principal balance under the Note unrnediately prior to foreclosure. No affset or clairn which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Instrurnent or performing the covenants and agreements secured by this Security Instrument. 2. Applicatian of Payments or Proeeeds. Except as otherwise describ� 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 Npte; (b) principal due under the Note; (c) amounts due undcr Section 3. Such payments shall be applied to each Periodic Payment in the order in which it becanne due. Any rernaining arnounts shall be applie� first to late chazges, second to any other arnounts due under this Security Instrurnent, and then to reduce the principal balance of the Note. If Lender receives a payment fram Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge du�, the payment rnay be applied to the delinqusnt payment and the late charge. If mare than one Periodic Payment is outstanding, Lender may apply any payrnent received from Borrawer to the repayment of the Periodic Payments if, and to the extent that, each payrnent can be paid in full. To the extent that any excess exists a�ter the payment is applied to the fu11 payment of one or more Periodic Payrnents, such excess may be appliad to any late charges due. Voluntary prepayments shall be applied �irst to any prepayment charges and then as described in the Note. Any application of payments, inswrance procec�ds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date, or change the amount, of the Periodic Payrnents. 3. Funds far Escrow Items. Borrower shall pay to Lender on Che day Periadic Payments are due under the Note, untit the Note is paid in full, a sum (the "Funds") to provide for payment af amounts due for: (a) taxes and assessments and other iterns which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments or graund rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section S; and (d) Mortgage Insurance NEBRASKA - Single Family - Fannia MaelFreddie Mac UNIFORM INSTRUMENT �-6�NE► (oetl) Peg840f 16 initiais: Form 3028 1I01 , 6 � � �a 1� ' .. �