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�o�oo�� THIS SECURI'I"Y INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrurnent covering real property. UNIFORM COVENANTS. Borrower and I.ender covenant and agree as follows: 1. Payment of Princapal, Interest, Escrow Items, Prepayment 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. Borrpwer shall also pay funds far Escrow Iterns pursuant to Section 3. Payments due under the Note and this Security Instrurnent sha11 be mad� in U.S. currency. However, if any check or other instrument received by Lender as payment under the 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 more af the following forms, as selected by I.ender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's chcck, provided any such check is drawn upon an institution whase deposits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Punds Transfer. Payments are deemed received by Lender when received ac the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Sectian 15. I.ender may return any payment or partial payment if the payment or partial payments are insufficient to bring the L.oan current. Lender may accept any payrnent or partial payment insufficient to bxing 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 payxnents at the time such paynnents aze accepted. If sach 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 uncil Borrower makes payments to bring the Loan current. If Borrower does not do so within a reasonable period af tirne, Lender shall either apply such funds or return thern to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. Na offset or claim� which Borrower might have naw or in the future against Lender shall relieve Borrower frorn making payments due under the Note and this Security Instrument or perfarming 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) inCerest due under the Note; @) principal due under the Note; (c) amounts due under Section 3. Such payments shall bc 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 any other amounts due under this Security Tnstrument, and then to reduce the principal balance of the Npte. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a suf�cient amount to pay any late charge dne, the payment rnay be applied to the delinquent payment and the late charge. If �nore than one Periodic Payment is outstanding, L,Qnder may apply any payment received from Borrower to the repayment of the Periodic Paynnents 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 prepayrnents shall be applied first to any prepayment charges and then as descxibed in the Note. 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 Periadic Payrnents. 3. Funds for Escrow Items. Barrower 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 arnounts due for: (a) taxes and assessrnents and other items which can attain priority over this Security Tnstrument as a lien or encumbrance on the Froperty; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance NEBRASKA - Single Family - Fannie MaelFraddie Mac UNIFORM IN57RUMENT �-B(NE) �osi i� Pege 4 of 15 inmais: Form 3028 1/01 ; <� . ;