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2oioos�3i THIS S�CURITY INSTRUMENT combines uniform covenants for natic�r�l use and non-uniform covenants with limiCed variations by jurisdiction to constitute a uniform securily instrum�nt coverin� real property. UNIFORM COVENANTS. Borrvwer and I.�nd�r covenant and agree as follows: 1. Payment of Principal, Interes#, Es�row 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. Borrower shall also pay funds for Escrow Items pursuant to Scction 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, if any eheck or c�ther instrument recsived by Lender as payment under the Note or this Security Instrument is returned ta I.ender unpaid, L.ender 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) money order; (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 f�d�ral agency, instrumentality, or entity; or (d) Electronic Punds Transfer. Payments are deemed received by Lender when received at the location dc:signat�d in the Nr�te or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. L,ender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. I.ender may accept any payment or partial payment insufficient to bring the Loan cu�rrent, 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 Yayment is applied as of its scheduled due date, then T..ender need not pay interest on unapplied f'unds. T.ender may hold such unapplied funds until Borrower makes payments to bring the Loan current. If BorrUwer daes not do so within a rc:asc�nable periad af timc, I.,�ndGr sha11 cither apply such funds or rctum them ta Barraw�r. If not applied �arlier, sueh funds will bs applied ta the outstanding principal balanc:� under th� Nate immsdiat�ly prior tu fnr�clUSUrs. No affset qr claim which Borrower might have nc�w c�r in lhr: futur� against I,ender shall rr:licve 13orraw�r frc�m makin� paymenls due under the Note and Ghis Security Instrum�M �r pc:rforming the covcnan[s and agre�m�nts secured by this Security Tnstrument. 2. Applieation 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 th� arder in which it became due. Any remaining amounts shall b� applied first to late charges, second to any other amounts du� under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower 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 more than one Periodic Payment is outstanding, Lender rr�ay apply any payment rec.eiv�d from Barrorver t�� the repayment of the Periodic Payments if, and to the �xtent that, each paym�nt can bc paid in full. To the extent that any excess exists after the payment is appli�d to the full paym�nl Uf Une ar more Periadic Paymcnts, such excess may be applisd ta any latc c:harges due. Valuntary prepayments shall be applied first to any prepayment charges and then as described in th� Nut�. Any applieatian of payments, insurance proceeds, ar Misc;�llan�ous Prac��ds tc� prinGipal due under the Note shall not extend or postpone We due date, or change the amount, af the Periodic Paymenta. 3. Funds for Escrow Items. Borrower shall pay to I.ender on the day Periodic Payments are du� under the Note, until the Note is paid in full, a sum (the "Funds'") to provide for payment of amaunts du� f"or: (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 paynients or ground rents on the Property, if any; (c) premiums for any and all insurance required by T.ender under Section 5; and (d) Mortgage Insuranc� NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFpRM INSTRUMENT � Q�-G�NE) �nai 11 Page 4 of 16 i��vaig: Form 3028 9I09