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2Q1009087 THIS SECURITY INSTRUMENT connbi,nes uniform covenants for national use and rwn�uniform covenants with lirnited variations by juriisdiction w constitute a uniform security ins�t cov� real P�I�n3'- UNIFQRM COVENANTS. Barrowe�r and I,ender cov�nant and agre� as follows: 1. Payme,nt af Prindpsl, �ntcrest, F.ecrow Items, Prepayment Charges, and Late Charges. B�rravvcr � pay wh�a due the principal of, and interest on, the debt eviidenced by tt�e Note and any prepaynne�t charges and late charges d�re under the Notc. Borrower sha�l also pay funds for Escrow Items pYr+�rAnt to Section 3. Payinettts due u�er the Note ax�d this 5ecurity Instrument s,ball be Inade in U.5. curnency. However, if any checic or ather instniment re�eive� by L.�nder as payment under the Nate ar this Sacurity Instnunent is r�urnad to Lender rynpaid, Le»dear xnay require that any or all subs�quent payments due under the Nvte and this S�curity Instrum�at 1� m�ade in one or more of the following fox�ns, as selecte� by I.ender: (a) cash; (b) mone3' order; (c) certificd check, bank check, treasurer's c.l�eck or cashier's check, prnvided any such check is drawn upon an institution whose deposits are insure� by a fecleral aBencY. instnunentality, vr entity; or (d) El�tronic Funds Tranafer. Pa�ts are d�d re�ived by Lender when received at the location desigr�ated in the Note or at such other location as may be designated by Lc�ndcr in accordance with the notice pmvisions in Section 15. Lender may return anY ��Y� �r P�� PaY�ent if the paym�nt or partial payments are i�asufficient to bring the Y.oan cuxrent. Lextder may aa�t any pa�+ment or partial payment insufficient ta bariang the Loan current, without waiver of any rights hcreunder ar prejudice to its rights tn refuse such payrnent or partial payments in the future, but L�nd�r is �t obligated to apply sucb paym�ts at ihe tim� such payments ar� accepted. If each Periodic Payment is app�ied �s af its scheduled due date, thcn Lender need not pay interest on uaapplied itrnds. I.e�uder may hold �uch unapplicd funds until Honower makes paynnents Co bxan�g the I.oan curreni. If Borrower does not do so withiya a rBasonable periori of timc, L,ender shall either apply such fiu�s or return th� to Bonrawcr, lf not applied earlier, surb, funds will be applie�i tn the outstand.ing principal balance under the Notc ivpmediately pnior to fore�losure. No offset or claitz� wluch Borrower might have now or in the future against Lender shall relieve Banmwer from naaking payments due under thc Note and this Security I�astxu�nt or performing ths oovcn�nts and agrce�nents secured �y ttus Security Instru�aent. 2. Appliratfo� of Payme�nt� or Proce�c�ls. Except as otherwise desexibe� in t}us Saction 2, all pay�entx accepted and applied by Lender shall bs applied in the following ordex of priority: (a) interest due wnder the Note. (b) Principal due under the Note; (c) ana�wnts duc unde�r Section 3. Such payments shall be applied ta B�ch Perindic Payment in� the order in which it be�aine due- ArrY �enna,ini�n8 amounts shall be applied first to late charges, seco�i to acry oCb.er axtwu�nts due under this 5ecurity Xnst�vmc�nt, and then to raduce the principal balance of the Note. If Ixnder receives a paynaent f�m Horrower for a delinquc�t P'eriadia Payment which includes a suffici�nt arnou�nt Co pay any late charge due, the payment may be applicd to the delinquent payment and the late charge. If �re than on�e �eriadic Paymea�t is outstanding, L�der maY �P �Y Aaym�ent received fro�an Borrower to the repayment of tha Periodic Payments if, and to the p�tient that, cach paytnent can be paid in full. To the eatent that any excess exists a�te�r the pay�nent is applied to the fiill payment of oxae or morc Periodic Payments, such ea�aess may be applied ta a�ty late cha�rges due. VoluntarY Pr�aY�ts shall be a�lied first to anY P�PaYm�t charSes and thar as described iu� the Note. Any application of payaaents, insurance prooeeds, or Miscellataeous Prqeeeds to principal due undcr the Note shall not eatend or postpone the due date, or change the amount, of the Pemiodic Paynaents. 3. �nds for F.�ccrow Items. Borrower s1�a11 pay to L,ender on the day Periodic Payments are due under the Natc, witiil tl�e Note is paid, in full, a sum (the "Funds") to prov�ide for payment of amnunts due far: (a) tax� and ass�ts and otlter ite�ns wbaic]x can aCtain priority over this 5ecurity In�na�nC as a lien or encuwbrauce on the Propetty; (b) leasehold payments or grnund rents o�n tl� Properiy, if any; (c) premiums for any and all insurance required by Lender under Section 5; aad (d) Mortgage Ynsurance NEBRASKA - Singls Family - Fannb Mep/Frqddls Mac UNIFORM INSTRUM�NT �-BINEI�oBtt1 Peoe4ottb Imdals: FpIrm3028 7/07 . �. ,,