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2oioo��s� THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniforn� covenants with limited variations by jurisdiction to constitute a uniform security instrument cavering real property. UNIFORM COVENANTS. Borrawer 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 principat 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 �scrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument shal.l be made in U.S. currency. However, if any check or other instrument received by Lender as payment under t1a.e Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or rnore of the following forms, as selected by L,�nder: (a) cash; (b) money ordex; (c) certi�ed check, bank 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 location as may be designated by Lender in accordance with the notice provisions in Sectiqn 1S. Lender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payxnent 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 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. Lender rnay hold such unapplied funds until Barrower rnakes payments to bring the I..oan current. If Borrower does not do so within a reasonable period of tirne, Lender shall either apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to the outstanding principat balance under the Note irnmediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender sha11 relieve Barrower frorn making payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this 3ecurity Instrument. 2. Application of Payments or Proceeds. Except as otherwise described in this 5ection 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 Note; (c) amounts due under Section 3. Such payments shall be applied co each Periadic Payrnent in the order in which it became due. Any rernaining amounts sha11 be applied �rst to late charges, second to any other amounts due under this Security Instrument, and then to reduce Che principal balance of the Note. If Lender receives a payment frarn Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied co the delinquent payrnent and the late chazge. If more than one Periodic Payment is outstanding, Lender may apply any payrnent received frorn Borrower to the repayment of che Periodic Payments if, and to the extent t.�at, each payment can be paid in full. To the extent that any excess exists a�ter the payment is applied to the full payment of one or rnore Periodic Payments, such excess may be appli�d to any late charges due. Voluntary prepayments shall be applied �rst ta any prepayrnent charges and then as described in the Nate. Any application of payments, insurance proceeds, or 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 an 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 assessments and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by L,Qnder under Section S; and (d) Mortgage Insurance NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT �-6(NE) 108111 Page 4 of 15 i��c�eis: �' Form 3028 7/Q7 ri i; 1�1 2� /� ,; ai i