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201008G29 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. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepaynnent 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 charges due under the Note. Borrower sha11 alsa pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrurnent received by Lender as payment under the Note or this Security Instrument is retumed 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 more of the following forms, as selected by Lender: (a) cash; (b) mvney arder; (c) certified 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 d�signated in the Note or at such other location as may be designated by Lender in accordance with the noCice pravisions in Section 15. Lender may return any payment or partial payrnent if the paymenC or partial payments are insufficient to bring the I.,oan current. Lender may accept any payrnent or partial payament insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payrnents in the future, but I.ender is not obligated to apply such paymencs at the time such payrnents are accepted. If each Periodic Payment is applied as of its scheduled due date, then I ender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payments to bring the I.oan current. If Barrower does not do so within a reasonable period of time, Lender shall either apply such funds ar return them to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note irnrnediately parior to foreclosure. No offset or claim which Borrower might have now or in the future against L,�nder sha11 relieve Barrower from making payments due under the Nate and this Security Instrument or performing the covenants and agreements secured by this Security Instrument. 2. Applicat�on 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 Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any rernaining amounts shall be applied �irst to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If I.,ender receives a payment from Borrower 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 Periodic Payment is oucstanding, Lender may apply any payment received from Bonrower ta 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 ta the full pay�nent of one ar more Periodic Fayments, 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 sha11 not extend or posipone the due date, or change the amount, of the Periodic Payments. 3. Funds for Escrow Ttems. Borrower shall pay to Lender on the day Periodic Payments aze due under the Note, until the Note is paid in full, a surn (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) premiurns for any and all insurance required by Lender under Section S; and (d) Mortgage Insurance NEBRASKA - Single Family - Fannie Mae/Fraddia Mac UNIFORM INSTRUMENT �-B�NE) (0811) Pggg 4 Of 16 ininais: Form 5028 9I01 . 8 y . • . .. . � ,