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2oioos79� BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is uneacumbered, except for encumbrances af record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. '1'HIS SECURiTY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform securrty instrument covering real properiy. UNI�ORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prep$yment Charges, and Late Charges. Borrower shall pay when due the princrpal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges dne under the Note. Borrower shall also pay fiuids for Escrow iterns pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, rf any check or other instrument received by Lender as payment u�ader the Note or this Secutity Instrument is returned ta Lender unpaid, Lender may reyuire that any or all subse�uent payments due under the Note and this Security Instrument be madc in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's che�k or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumex�tality, or entity; or (d) �lectronic Funds Transfer. Payments are deemed received by Lender when received at the location dasignated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or partial payment if tha payment or partial payments are insufficient to bring the Loan cw Lender rnay accept any payment or partial payrnent insufficient to bring the Loan current, without waiver of any rights hereunder or pr�judice to its rights to refuse such paymenl or paztial payments in tt►e future, but Lender is nat obligated to apply such payments at the rirne 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 may hold such unapplied funds until Borrower makes payment to bring the Loan 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 clairn which Barrower rnight have n�w or in the future against Lender shall relieve Borrower fram making payxnents due under the Note and this Security Tnstrument or perfomung the covenants and agreements se�ured by this Security Instrument. 2. Application of Payments ar 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 Nate; (b) principal due under the Note; (c) amounts due under Section 3. 5tiich 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, se�ond to any other arnounts due under this Security Instrument, and then to reduce the principal balance of the Note. Tf Lender receives a payment from Borrower far a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delrnquent payment and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent tl�at, each payment can be paid in full. To the extent that any excess exists after the payrnent is applied to the full payment of one or more Periodio Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and tl�ieu 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 Lender on the day Periodic Payrnents 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 ather items which can attain priority over this Security lnstrument as a lien or encumbrance an the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiwns for any and all insurance required by Lender under Section 5; and (d} Mortgage Insurance 2200072053 D V6ANE N�BRASKA - Singls Family - Fannie MaelFreddie Mac UNIFORM INSTRUMpdT WITM M� �-BA(N�IOa�ol Pape4of15 i�wais��; a Form3028 1/01 0