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�oioos9i1 THTS S�,CURITY INSTRUMENT combincs uniform covenants far national use and non-uniform covenants with limited variatic�ns by jurisdictian ta canstitute a uniform security instrument covering real property. UNIFORM COVENANTS. Baarrower and Lender cavenant and agree as follows: 1. Payment ot' Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Barrower shall pay when due the principal of, and interest on, the debt evidenced by the Nate and any prepayment charges and late charges due under the Nate. BUrraw�r shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrurn�nt shall be made in iJ.S. currency. However, if any check or other instrument received by Lender as paym�nt under the Note ar this Security Instrument is returned to Lender unpaid, L.ender may require that any or all subsequent payments due under the Nate and this Security Tnstrument be made in one or more of the Pollowing forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashi�r's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or (d) �lectronic Funds Transfer. Payments are dccme:d received by I,end�r wh�n rec�ived at th� lUC.atian designated in the Nate ar ak such athcr lacatian as rnay be designated by Lender in accordance with the notice provisions in 5ection 15. I.end�r rnay r�turt► any payment or partial payment if the payment or partial payments are insufficient to bring the Loan curr�nt. L,ender may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder ar prejudice to its rights to refuse such payment or partial payments in the future, but I,snder is nat abligated to apply such payments at the time such payments are accepted. If each Periodic PaymenC is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender rnay hald such u;napplied funds until Borrower makes payments to bring the I.,oan 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 claim which Borrawer might have now or in the future against L.ender shall relieve Borrower from making payments due under the Note and this Security Tnstrument or performing the covenants and agreements secured by this Security Instrument. 2. Application of Payments or Proceeds. �xcept as otherwise described in this Section Z, all payments accepted and applied by L,ender 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 ta each Periodic Payment in the order in which it became due. Any remaining amounts shall b� applied fzrst to late charges, second to any other amounts due under this 5ecurity 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 delinqucnt payment and the late charge. Tf more than one Pcriodic Paymcnt 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 extcnt 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 prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments, in.surance proceeds, or Miscellaneous Proceeds to principal due under the Note shall n�t extend or pctstpan� thc due date, ar changE lhc amount, of thc Periodic Payments. 3. Funds for Escrow Items. Borrower 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 amounts due for: (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 payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section S; and (d) Martgage In.tiurance NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIF�RM INSTIiUMENT ��►�� �-6�NE) losi i1 Paqn 4 nf 16 i��c�e Z. Form 3028 9I01