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2oi�oosiss THIS SECURITY INSTRUMENT combines uniform covenants for national 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 agree as follows: 1. �'ayment 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 t�e Note and any prepayment charges and lat� charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Paynnents due under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or othcr instrument received by Lender as paymenC under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or a11 subsequent payments due under the Noce and tt�is Security Instrument b� made in one or rnore of the following fornn�s, as selected by Lender: (a) cash; (b) money order; (c) certified check, baz�k 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 lacation as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may retum any payment or partial payment if the payrnent or partial payments are insuf�cient to bring the Loan current. I.ender may accept any payment or partial payrnent insuf�cient to bring the L,oan currenc, without waiver of any rights hereunder ar prejudice to its rights to refuse such payment ar partial payments in the future, but Lender is not obligated to apply such payments at the tirne such paymeants are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes paymencs to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds ox return them to Borrawer. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note imm.ediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due nnder the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument. 2. Application oF Payments or Proceeds. Except as otherwise described in this Section 2, all paymencs 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 Feriodic Payment in the order in which it became due. Any rernaining amounts shall be applied �rst to late charges, secand to any ather amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Barrower for a delinquent Periodic Fayment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent paymenc and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic 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 payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments sha11 be applied first ta any prepayment charges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneous Praceeds to principal due under the Note shall not extend or postpane the due date, or change the amount, of the Periodic Payments. 3. �nds for Escrow Items. Barrower shall pay to Lender on the day Periodic Payrnents are due under the Note, uncil tlxe Note is paid in full, a sum (the "Funds") to provide for paymcnt of amounts 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 ar ground rents on the Property, if any; (c) premiums for any and all insurance required by I.ender under Section 5; and (d) Mortgage Insurance NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIF�RM INSTRUMENT �-B�NE) loat �1 Paee a ot � 5 i• �eis: Form 3U28 11A1 . � fR "�" � �� st ,/ .� '� • ��