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20100779G THIS SECURITY INSTRUMENT combines uniform covenants for naCional use and nan-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agr�e 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 charges and late charges due undex the Note. Borrowsr shall also pay funds far Escrow Items pursuant to Section 3. Payments due under the Note and this SecuriCy Instrument sha11 be made in U,S. currency. Hovuever, if any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subseyuent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected 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. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance witkA the notic� pravisions in Section 15. Lender rnay return any payment or partial payrnent if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payrnent or partial payment insufficient ta bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payrnents in the future, but Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then L.ender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower 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 principal balance under the Note icnrnediately prior to foreclosure. No offset ar claim which Borrower might have now or in the future against Lender shall relieve Borrower from nnaking payments due undear ttie Note and this Security Instrument or performing the covenants and agreements secured by this Security Instnunent. 2. Application of Payments 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 under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payrnent 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 reducc the principal balance pf the Note. If L.ender receives a payment fram Barrawer for a delinquent Periodic Payment which includes a suf�cient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If nnore than one Periodic Payment is outstanding, Lender may apply any payment received frorn Borrower to the repayment o� the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extenC that any excess exists after the payment is applied to the full payment of one or more Feriodic Payz�nents, such excess may be applied to any late charges due. Voluntary prepayments shall be applied �rst to any prepayment charges and then as described in the Note. Any applicaCion of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date, or change the amaunt, of the Periodic Payments. 3. �nds for Escrow Items. Borrower shall pay to I.ender on the day Periodic Payments are due under the Note, until the Note is paid in full, a surn. (the "Funds") to provide for payment of arnounts due for: (a) taxes and assessments 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 che Property, if any; (c) premiums fvr any and all insurancc required by Lender under Section S; and (d) Mortgage Insnrance �� ,�. NEBRASKA - Single Family - Fannie Mae/Fraddie Mac UNIFORM INSTRUMENT �� �-61NE11oe>>1 Paaeaofi5 in�c�ais:� Form3028 1/09 � g t t €