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�O�O�r��D� BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby convey� and has the right to grant and convey the Property and that the Property is unencumberecl, except for encumbrances of record. Sorrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encurnbrances of record. "THIS SECURITY INSTRUMENT carnbines uniform covenants for national usc and non-unifrnm covenants with linaited variations by jurisdiction to constitute a uniform security instrument covering real properiy. UN�ORM 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 tha Note and any prepayment charges and lata charges due under the Note. Horrower shall also pay funds for Escrow Items pursuaTat to 5ection 3. Payments due undec the Note and this Security Instrument shall be made in U. S. cuirency. However, if any check ar other instrument received by Lender as payment under the Note or this Security Insirument is returned to Lender unpaid, Lender may reqrrire that any or all subsequent payments due under the Note and this Security Instrurnent be made in one or mare of the following fonns, as selecte� by Lender: (a) cash; (b) annoney order; (c) certiified 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, instarumentality, or entity; or (d) Elec�ronic Fuuds Transfer. Payments are de�med received by Lender when received at the location designated in the Note or at such other location as nnay be designated by Lender in accordance with the notice provisions in Se�tion 15. Lender may return any payment or partial payment if tlae payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insuf�icient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to resfuse such payment ox partial payments in tha future, but Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applieci as of its schedule� due date, then Lender need not pay interest on unapplied funds. Lender rnay hold such unapplied funds until Horrower rnakes payment to bring the Loan currexit. Tf Sorrow�r does not do sa 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 immediately prior to foreclosrxre. No offse�t or claim which Borrower might have now or in t}ae future against Lender shall relieve Sarrower fram maldng payments due under thc Note and this Security Instrument or performing the cavenants and agreements secured by this Security Instrument. 2. Application of �ayments or Proceed�. Except as otherwise described in this Section 2, al1 payments accepted and applied by Lender shall be applied in the following order of priarity: (a) interest duc under the Note; (b) principal due under the Note; (c) arnounts due under Sectian 3. Such payments shall be applied to each Periodic Paymen►t in the order in which it becarne due. Any remaining amounts shall be applied �irst to late ch�ges, second to any other amounts due under thia Security Instrurnent, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrovcrer for a delinquent Per,�iodic Payment 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 Payme�at is outstanding, Lender naay apply any payment received from Honower to the repayment of thc Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the paynaent is applied to the full payment of one or more Periadic Payments, such excess rnay be a�plied to any late charges due. Voluntary prepayments sha11 be applieri �rst to any prepayment charges and then as described in the Note. Any application of payments, insurance procceds, or Miscellaneous Proceecis to principal due under the Note shall not extend or postpone the due date, or change the amount, of the Periodic Payments. 3. Funds for Escrow Items. Borrower shall pay to Lender an 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 assessments and othcr items which can attain priority over this Sacurity Instrurnecat as a lien or encumbrance on the Property; (b) leasehald payments or ground rents on the Property, if any; (c) premiums far any and all insurance required by Lender under Section 5; and (d) Martgage Insurance 2200076996 D V6ANE NE9RASKA - Single Family - Fannla MaeJFreddla Mac UNIFpRM IN5TRUMpdT WIT�� ��BA(Nq roeio� Pepe 4 of 16 Inklels: Porm 3028 1101 �