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�o�oo�sz� THIS SECURIT'Y INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. $orrower and Lender covenant and agree as follaws: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrawer shall pay when due the pcincipal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Barrower 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. cunrency. Hpwever, if any check or other instrument received by Lender as payment under the Note or this Security Instrurnent is returned to Lender unpaid, L�nder may require that any or all subsequent payments due under the Note and this Security Tnstruxnent be rnade in one or more of the fallowing forms, as selected by Lender: (a) cash; (b) money oarder; (c) certi�ed check, bank check, treasurer's check or cashier's check, pravided any such check is drawn upan an institution whose deposits are insured by a federal agency, instrurnentality, or entity; or (d) Electronic Funds Transfer. Payments are dcemed 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 with the notice provisions in Section 15. Lender may return any payment or partial payment if the payment or partial payrnents are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such payments at the tirne such payments are accepted. If each Periodic Payment is applied a5 af its scheduled due date, then Lender need not pay intarast an unapplied funds. Lender may hold such unapplied funds until Boxrower makes payments to bring the Lpan current. If Borrower does not do so within a reasonable period of tia�xae, Lender shall either apply such funds or return them to Borrower. If not applied earlier, such funds wi11 be applied to the outstanding principal balance under the Note immediately prior to fareclosure. No offset 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 Insirument or performing the covenant�s and agreements secured by this Security Instrument. 2. Appiication of Payments or Proeeeds. Excapt as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the follovving order of priority: (a) int�rest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to �ach Periodic Payment 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 Instrum.ent, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge dixe, the payment may be applied ta the delinquent payment and the late char�e. If rnore than one Periodic Payment is outstanding, Lender may apply any payment received from Bozrower to the repayment of the Periodic Payments if, and to the extent that, each payment can bc paid in full, To the extent that any excess exists after the payment is applied to the full paym�nt of one or more Periodic Payzr►ents, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and than as described in the Note. Any application of payments, insurance proceeds, ar Miscellaneous Proceeds to principal due under the Nate 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 on the day Periodic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds") to pravide for payment of amounts due for: (a) taxes and assessments and other items which can attain priarity over this Security Instxument as a lien or encumbrance on the Prpperty; (b) leasehold payments or ground rents on the Properiy, if any; (c) premiums for any and a11 insurance required by Lender under Section 5; and (d) Mortgage Insuranc� 230942 NEBRASKA - Single Family - Fannie M aelFreddie M ac UNIFORM INSTRUM ENT �-B(NE) �oeii� Paga4 of 15 inicieis: � Form 3026 1101 �