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20100891� T�IIS S�CURITY INSTRUMENT caznbines uniform covenants for nationial use and non-uniforin covenanta with limited variations by jurisdiction to constitute a uniform securily instrurnent covering real praperty. UNIFORM COVENANTS. Borrower and Lender covenant and agrec as follows: 1. Payment of Principal, �nterest, Escrow Items, Prepaym�nt Charges, and Late Charges. Borrower shall pay when due the principal ot", and interest on, the debt �videnced by the Note and any prepayment charges and latc charges due under the Note. Borrower shall also pay funds for �scrow Ttems pursuant to �ection 3. Payments due under the Note and this Sccurity Instrument shall be made in U.S. currency. However, if any check or ather instrument received by Lender as payment under the Note or this Security Tnstrument is r�turned to Lender unpaid, Lender may requir� that any or all subsequent payments due und�r the Note and this Security InsCrum�nt h� mad� in one or more of the following forms, as scl��t�d by Lender: (a) cash; (b) mUn�y order; (c) certified check, bank check, treasur�r's chec:k ar cashier's check, provided any such check is drawn upon an institution whose deposils are insur�d by a federal agency, instrum�ntality, ar entity; or (d) Electronic Funds 1'ransfer. �'ayments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the naticc. pravisions in Section 15. L.ender may return any paymsnt ar partial payment if the payment or partial payments are insufficient to bring the Loan currcnt. L,ender may accept any payment or parCial paym�nt insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to r�fuse such payment or partial payments in th� future, but Lender is not obligated to apply such payruents at the time such payments are accepted. IP cach Periodic Payment is applied as af its sch�duled due date, then Lender need not pay interest on unapplied funds. L.ender may hold such unapplisd funds until Borrower makes paymcnts to bring the Loan current. Tf Borrowcr da�s nat do so within a reasonable period of timc, I.,�nder shall �ilh�r apply such funds or return them to Borrow�r. If nat applied earlier, such funds will be applied to the autstanding principal balance undcr the Nate immediately prior to foreclosure. No offset or claim which Barrower might have now or in the future against I,E:nder shall rsliev� Barrower froin making payments due under the Nate and this Security Instrumtnt ��r p�rfnrming the cavenants and agreements secured by this Se4urity Instrument. 2. Application of Payments or Proceeds. �xcept as atherwise described in this Section 2, all payments accepted and applied by I.�nd�r shall be applied in the followin$ 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 the order in which it became du�. Any r�maining amounts shall be applied first to late charges, second to any other amounts due under this Security Instrumcnt, and then to r�duc� the principal balance of the Note. Tf T.ender receives a payment from Borrower for a delinquent Periodic Payment which includc�s a sufficient amount to pay any late charge due, the payment may be applied to the: delinqusnt payment and the late charge. If m�re than one Periodic Payment is outstanding, Lender may apply any paym�nC ruceiv�:d from Borrower to lhe repayment af 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 tU lhe full payrnent of one pr mc�re Peripdic Payments, such excess may be applied to any late charges due. Volunfary prepayments shall be applied first to any prepaymcnt charg�s anc� th�n as d�scribsd in the Nate. Any application of payments, insurancc proceeds, pr Miscellan�aus Proceeds to principal due under the Note shall not extend ar postpane the due date, or change the amount, of the Periodic Payments. 3. Fnnds for Escrow Items. Borrower shall pay to T.ender on the day Periodic Paym�nls arc; due under the Note, until the Note is paid in full, a sum (the ""Funds") to provide for payment of amounts duc: for: (a) taxes and assessments and other items which can attain priority over this Security Instrumcnt as a lien or cncumbrance an the Property; (b) leasehold payments or ground rents on the Property, if any; (c) pr�miums far any and all insurance required by Lender under Section 5; and (d) Mortgage Tnsurance NEBRASKA - Single Family - Fannis Mae/Fraddie Mac UNIFQRM INSTRUMENT �-6�NE) loett! Papa4of 16 i��t�eis: � Form 3028 1/09 �