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2oioos34� THIS SECURITY INSTRUMENT cambines uniform covenants for national use and non-uniform covenants with liraited variatipns by jurisdiction to constitute a uniform security instrument covering rea] property. UNIFORM COV�NANTS. Barrawer 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 af, and interest on, the debt evidenced by the Note and any prepay�nent charges and late chazges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Sectian 3, Payments due under the Note and this Security Instrument sha11 be made in U.S. currency. However, if any check or other instrurnent received by Lender as payment under tkie Note or this Secu�ty Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and th.is Security Tnstrument be made in one or rnore of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, tareasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrurnentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in the Nate or at such other location as rnay be designated by L,�nder in accordance wiCh the notice provisions in Section 15. Lender may return any payment or partial payrnent if the payment or partial payments arc insufficient to bring the Loan current. Lender may accept any payment or partial payment insuf�cient to bring the I�,aan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but I.ender is not abligated ta apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. T.ender may hold such unapplied funds until Borrower makes payments to bring ctxe Loan current. If Borrawcr does not da so within a reasonable period of time, Lender shall eitl�er apply such funds or return th�m 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 claim which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Instrument or performing the covenants and agreernents secured by this Security Instrument. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments 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 Not�; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any remaining amounts shall be applied �rst to late charges, second to aza.y other amaunts due under this Security Instrument, and then to reduce the principal balance of the Noce. If Lender receives a payment from Borrower for a delinquent Periodic Payrnent which includes a suf�cient amount to pay any late charge due, the payment may be applied to the delinquenc paymenC and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received frorn Borrower to the repayment of the Periodic Payments if, and to the extent that, each payrnent can be paid in full. To the extent that any excess exists after the payment is applied to the full payrnent of one or more Periadic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first ta any prepayment charges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpane the due date, or change the amount, of the Periodic Payments. 3. Ftinds 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 provide for payment of amounts due for; (a) taxes and assessrnents and other items which can attain priority over this Security lnstrument as a lien or encumbrancc an the Property; (b) leasehold payrnents or ground rents on the Property, if any; (c) premiums for any and a11 insurance required by Lender under Section 5; and (d) Mortgage Insuxance NEBRASKA - Single Family - Fannie Mael�reddie Mac UNIFDRM INSTRUMENT �-B�NE) (0911) Page 4 of 15 i��siais: �� Form 5028 1/01 / ; f . y Y ,.� X 1 z � d .y . � �