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201008580 THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIF�RM COVENANTS. Borrower 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 of, and interest an, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds far Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrurnent shall be made in U.S. currency. However, if any check or other instrument received by Lender as payrnent under the Note or this Security Instrurnent is returned to L.ender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be rnade in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check ar cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a fe�eral agency, instrumentality, or entity; vr (d) Electronic Funds Transfer. Payments aze deemed received by Lender when received at the locatian designated in the Note or at such other location as rnay be designated by I.ender in accardanca with the notice provisions in Section 15. Lender may return any payment or partial payment if the payment or parCial payments are insufficient to bring the �.oan 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 time such payments are accepted. If �ach Periodic Payment is applied as of its scheduled due date, chen I,ender need not pay interest on unapplied funds. Lender rnay hold such unapplied funds until Borrower makes payments to bring the L.oan 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 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 T.ender shall relieve Barrower from making payments due under the Note and this Security Tnstrument or perfornung the covenants and agreennents 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) xnterest due under the Note; (b) principal due under the Note; (c) amounts due under S�ction 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any remaining amounts shall be applied first to late charges, second to any other arnou;nts due under this Security Instrument, and then to reduce the principal balance of the Note. If L.ender receives a payment from $orrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If nrtoz'e than ane Periodic Payment is outstanding, Lender may apply any payznent receiv�d from Borrower to the repaynnent of the Periodic Payments if, and to the extant that, each payrnent can be paid in full. To the extent that any excess exists aft�r the payment is applied to the fu11 payme;nt of one or rnore Periodic Payrnents, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to 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 postpone the due date, or change the amount, of the Periodic Payments. 3. Funds for Escrow Items. Borrower shall pay to I_.ender 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 fox: (a) taxes and assessments and other items which can attain priarity over this Security Instrument as a lien or encuXnbrazxce on the Property; (b) leas�hold payments or ground rents on the Property, if any; (c) prerniums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INS7RUMENT �-fi(NE) 108ii1 Page4of 15 tr,�c�eis: Form 3Q28 9/p7 � ,,` I`11 . ,� atF��' '�1/ Y �. R �