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241407921 THIS SECURITY INSTRUMEN'T combines uniform covenants for national use and non-unifornn covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Iterns, 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 chazges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payrnents due under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instniment receivai by Lender as payment under the Note or this Security Instrunnent is returned to Lender unpaid, T..ezader may require that any or all subsequent payznents due under the Note and this Security Instrument be made in one or more of the following forn�s, as selecte� by I.ender: (a) cash; (b) money order; (c) certifie� check, bank check, treasurer's check or cashier's check, pravided any such ch�k is drawr� upon an ianstitution whose deposits are insured by a federal agency, instrurnentality, or entity; or (d) Electroruc Funds Transfer. Payrnents 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 with the notice provisions in Section 15. Lender may return any payrnent or partial payment if the payrnent or partial payments are insufficient to bring the I,oan current. Lender may accept any payment or partial payment insufficient to bring the L.oan current, without waiver of any rights hereunder or prejudice ta its rights to refuse such payment ar partial payments in the future, but �.ender is not obligated to apply such payxnents at the time such paym,ents are accepted. If each Periodic Payrr�nt is applied as of its scheduled due date, then I.end�r need not pay in,terest 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 thern to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset or clairn which Borrower rnight have now or in the future against Lender shall relieve Sonower from making payments due under the Note and this Security Instrurnent or performing the covenants and agreements secured by this Security Instrurnent. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments acrepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Note; (b) principat due under the Note; (c) amaunts due under Section 3. Such payments shall be applied ta each Periodic Payment in the prder in which it became due. Any remaining amounts shall be applied first ta late charges, second to any other amounts due under this Security Instrument, and then to re,duce the pr�ncipal balance of the Note. If Lender receives a payment from $onower 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 more than one Periadic Payment is outstanding, I.ender may apply any paymant received from Borrower to the repayrnent of the Periodic Payments if, and to the extent that, each payment can be pai�d in full. To the extent that any excess exists after the payment is appliefl to the full payrnent of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayrnents shall be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance procceds, or Miscellaneous Procceds to principal due under the Note shall not extend or postpone the due date, or change the amount, af the Periodic Payments. 3. Funcls for Escrow Items. Borrower shall pay to Lender on the day Peripdic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds") to pravide for payment of amow�ts due for: (a) taxes and assessments and other items which can attain priority over this Security Instnunent as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) prerniums far any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance NEBRASKA - Singla Family - Fannie Mae/Freddie Mac UNIFQRM INSl'FiUMENT � �-B�NE) (qet t� Paae a ot i 5 initiais:� Form 3028 1/01 r"� ��i+� �� i��