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2oioos9o2 THIS SECURITY INSTRUMENT combines unif�rm covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrumenl ccavering real property. UNTFORM COVENANTS. 13orrowc:r and I,�ndcr covenanl and agre� as follows: 1. Payment af Princi�al, Inter�st, Eacraw It�ms, Prepayrnent Charges, and Late Charges, Borrower shall pay whcn dn� the principal uf, and inlerest an, the d�bt evidenced by the Note and any prepayment charges and late charg�s due under the Nate. Barrower shail also pay funds for Escrow Items pursuant to Section 3. Fayments due und�r th� Nota and this Sacurity Instrument shall be made in i7.S. currency. However, if any check c�r ath�r in.�trument receiv�d by Lender as payrnent under the Nate ar this Security Tnstrument is returned ta I,�nd�r unpaid, Lend�r may r�yuir� that any pr all subsequent paymenls duc under lhc Note and this Security Instrument be made in ane ar 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'ederal agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received hy T,endcr when received at the location d�signaCed in the Nc�tc �r at such other location as may bc designated by Lender in accordance wilh ihe ntitic� provisions in S�ction 15. Lender may return any payment or partial payment if the payment or partial payments arc insufficient to bring the Loan current. I.ender may accept any payment or partial payment 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 Lender is not obligated to apply such payments at the time such payments ar� accepted. Tf each Periodic Payment is applied as of its scheduled due date, then T,ender need not pay interest on unapplied funds. T.ender may hold such unapplied funds until Borrower makes payments to bring the Loan current. If Bnrrowcr do�s not du so within a rcasonable period of time, I.c:nder shall either apply such funds c�r return them to Borrower. If not applied earlier, such funds will be applicd la lhc outstanding principal balance under the Nate immediately priar ta fUr�cic�sure. No affset ar claim which Barrower might have now or in the future against Lender shall relieve Barrower from rnaking payrn�nts due under the Note and this S�curity Instrument ar pc:rfvrming Che cavenants and agr��ments secured by this Security Ir�trument. 2. Application uf Ps�ymentti ur Procceds, Exccpt as othcrwise describGd in thia Scction 2, all payments accepted and applied by Iaender shall be appli�d in the f�llowing order of priority: (a) interest due und�r the Note; (b) principal due under the Not�; (c;) amounls du� nnder Sectipn 3. Such paymcnts shall b� appli�d to each Periodic Payment in the arder in which it became due. Any remaining amounts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If T.ender receives a payment from Borrower for a delinquent Periodic Yayment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. Tf mare than one Periodic Payment is outstanding, L,ender may apply any payment received from Borrower to the repayment of the Periodic I'ayments if, and to the extent that, each paym�nt can bc paid in full. '10 the extent that any excess exists after the payment is applied ta the full paymc:nt of one or more Periodic Payments, 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 a�plication Gf payments, iansurance proceeds, or Miscellaneous Proceeds to principal due under ihc N��e shall not axt�nd or p�stponc th�: duc date, or change the amount, of the Periodic Payments. 3. Funds for Escrow Items. Borrower shall pay ta Lender an the day Periadic Payrnents are due under the Note, until the Note is paid in full, a sum (the "Funds") to provide for paym�nt pf amc�unts due for: (a) taxes and assessments and other items which can attain pxiority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments ar ground rents on the Property, if any; (c) premiums for any and all insurance required by I,ender under Section 5; and (d) Mortgage Insuranc� NEBRASKA - Single Family - Fannie M�e/Freddis Mac UNIFa�iM INSTRUMENT � Q�-BINE) �aai i� Paye a o� i s i��t�eis: �orm 3028 9I01 R.�