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2oio�s�� THIS SECURTTY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFQRM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and inCerest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Barrawer shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other insCrument received by I.ender as payment under the Note or this Security Instrument is returned to Lender unpaid, L.ender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one ar mare of the following forms, as selected by Lender: (a) cash; (b) nnoney order; (c) ccrtified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institutian whose deposits are insured by a federa,l agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in the Note ar at such other locatian as may be designated by Lender in accordance with the notice provisions in Section 1S. Lender may return any payment or partia,l payment if the payrnent or partial payrnents are insuf�cient to bring the Loan current. Lender 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 payrnent or partial payments in the future, but Lender is not obligated to apply such payments ac Che 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 Borrower makes payments to bririg 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 eazlier, snch funds will be applied to the autstanding principal balance under the Note immediately prior to foreclosure. Na offset or claim which Borrower might have now ar 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 secur�d by this Security Instrwnent. 2. Application of I'ayments or Proceeds. Except as otherwise described in this Section 2, a11 payments accepted and applied by I.ender shall be applied in the following order of pxiority: (a) interest due under the Note; (b) principal due under the Nate; (c) arnounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it becarne due. Any remaining amounts shall be applied �irst to late charges, second to any other amounts due under this Security Instruznent, and then to reduce the principal balance of the Nota. If Lender receives a payment from Banower for a delinquent Periodic Payment which includes a suf�icient amount to pay any late charge due, the payment rnay be applied to the delinqnent 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 che extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applied to th� full payment of one or more Periodic Fayments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied firat to any prepaymcnt chazges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneaus 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. Bonowear sha11 pay ta Lender on the day Periodic Payrnents are due under the Note, until the Note is paid in full, a sunn (the "Funds") to pravide 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) premiurns for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTFtU1VIENT �-B�NE) 1oBt t 1 psce a of t 5 in�t�ais: Form 302$ 9l09 . ��. t e ?� . � + r � . , y t