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2010078�8 THIS SECURITY INSTRUMENT combines uniform covenants for national use and nan-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrurnent covering real pcoperty. UNI�ORM COVENANTS. Barrower and Lender covenant and agree as follows: 1. Paymea�t 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 under the Note. Borrower shall also pay funds for Escrow Iterns pursuant to Section 3. Payments due under the Note and this Security Instniment shall be made in U.S. currency. However, if any check or other instrurnent received by Lender as payament under the Note or this Security Instnunent is returned to Lender unpaid, Lender may require that any oar all subsequent payments due under the Note and this Security Instrurnent be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank che�k, treasurer's check or cashier's check, provide� any such check is drawn upon an institution whase deposits are insure�i by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Payments aze 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 with the notice provisions in Section 15. Lender may return any payment or partiai payrnent if the payment or partial payments are insufficient to bring khe 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 paynnents in the future, but Lender is not obligated to apply such payments at the tirne such payrnents are accepted. If each Periodic Payrnent is applied as of its scheduled due date, then Lender nced nat pay interest on unapplied funds. Lender may hold such unapplie� funds until Borrower makes payrnents 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 appli�d eazlier, such funds will 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 maldng payrnents due wnder the Note and this Security Instrument or performing the covenants and agreernents secured by this Security Instrument. 2. Application of Payments or Proceecls. Except as otherwise described in this Section 2, all payrnents 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) arnounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any r�a�n�ng arnounts shall be applied first to late charges, second to any other arnounts due under this Security Instz�ument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payrnent which includes a sufficient annount to pay any late charge due, the payment may be applied to the delinquent payment and the late chazge. If more than one Periodic Paymen.t is outstanding, Lender may apply any payrnent received from Borrower to the repayment of the Peripdic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applied to the full payrnent of one or m�ore Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayrnent charges 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. FY�nds for Escrow Items. Borrower staall 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 provide for payrnent of amounts due for: (a) taxes and assessrnents and other items which can attain priority over this Security Instrument as a lien or encurnbrance on the Property; (b) leasehold payments or ground rents on the P�roperty, if any; (c) prerniums for any and a1l insurance required by Lender under Section 5; and (d) Mortgage Insurance NEBRASKA - Single Family - Fannie Mae/Freddfa Mac UNIFORM INSTRUMENT �-BI��) loe>>) P8q840f 15 iniciais: Form 3028 7101 � �►:.P � ��;� a ,. {� • s� �� ,• - / i