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2 oiooss�� THIS SECURITY INSTRiJMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. iJNIFORM COVENANTS. Barrower and Lsnder covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prep�yment Ch�rges, 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 th� Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Notc and this Security Instrument shall be made 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 ane or more af 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 upoan azx 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 designated in the Note or at such other location as nnay be designated by Lender in accardance with the notice pravisions in Section 15. Lender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any ri,ghts hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but I.,ender is not obligated ta apply such payments at the time such payments are accepted. If each Periodic Payrnent is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Horrower makes payments to bring the Loan current. If Borrower daes not do so within a reasonable period of time, Lender shall eithar apply such funds or return them to Honower. If not applied earlier, such funds will be applied ta the outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower rnight have now or in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instntment. Z. Applle�tion of Payments or Proeeeds. 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) priucipal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Fayment in the order in which it became due. Any remaining amouuts shall be applied fust to late charges, second to any other amounts dus under this Security Instnument, atxd then to reduce the principal balance of the Note. If Lender receives a payment from Bonower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquant 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 that, each payment can be paid in full. To the extent that any excess exists after the payment is applied ta the full payment of one or more Periodic Paym�nts, such excess may be applied to any late charges due. Valuntary prepayments shall be applied first to any prepayment charges and then as described in the Nate. 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 annount, o£ the Periodic Fayments. 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 "F'unds") to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain priority over this Security Insirument as a lien or encumbrance an the Froperty; (b) leasehald payments or graund rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance 230978 N�BRASKA - Single Family - Fannie MaelFrsddie Mac UNIFORM INSTRUMENT ,�,,,/ �-B(NE) (oe>>� Page4 of 15 i�iaa��T"�/ Form 3028 1101