201009093 - Laserfiche WebLink

Browse

201009093 THIS SECURITY INSTRUMENT combines uniform covenan,t,s for natirnoal use and non-unifanm covenants with lua�ited variarions by jwrisdiction to constitut� a uniform sec��rity i.nsavment cove�ring real P�P�'tY• UNIFORM COVENANTS. Hormwer and I.end�r covenant and ag,ree as follaws: 1. P�y7auuaut ot PN�ndpal, Interest, Ea�crow Ttcaro�, PreP�Ym�nt Charges, and Lste CLarges. Borrower shall pay when due the principal of, and intereat an, thc debt evidenced bq the Note anci any prepaYz�ent charges and late charges due under the Note. Borrower shall also pay fimds for Escrow Itezns pursuant to Section 3. Fayments duc under the Note and this Security Insprument shall be made in U. S. currency. Howevcr, if any check or other in�ixunnent received by I,en�dex as payment under the Note or ttus Security Instrument is returned ta Lender uuapaid, �.ender may re�uixe that any or all subsequent paymen�ts due under the Note and this Security Instn�ent be xnade in one or more of the fallowing forms, as sele�tad by I.ender: (a) cash; (b) �rone�' order; (c) r.ertified checic, bank c1��ck, treasurer's che�k or casbier's check, provided any such check is drawn uipon an institWirna whose deposits are insu�i by a fedeeal agency, ir�strumentality, or enrity; or (d) IIectmnic Funds Tratasfer. � Pay�nts are deemed receive� by � whean rec�ived at the location designated in ths Note or at such other location as may be designatcd by L�ender in �cordance v�rith the notice provisions in Section 1S. Lender may return any pa�nt or parti�ll paymeat if the payme�nt ar partial paym�ents are insufficie.nt to bring the Laan current. �.cnder maY accept anY P$Y� or P�� P�Ym�t insuffici�t to bring the T..oan cun�ent, withar.0 waiver of any rights heteunder or prejudice tv ixs rights to refuse st�h payment or partial paym�nts in the futurc, but I,e�der is not obligated to apply such payme�nts at thc t.i�ne such payments are accepted. If each Periodic Payment is appli�d as of its scheduled due date, thcn Lsnder need not pay intex�est an unapplied funds. L�nder may hold sttch unapplied funds until Eorrawer � paym�;ts to bxing tla� Loan c�uxe�at. If Borrowex does not do so within a reasonable period of tit�e, I.ender shall eit.h�er apply such funds or retu�m them W Hornower. If not applied earlier, such funds will be applied to the outstanding prin,cipal balance under thc Note immedaately prio�r to foreclosure. No offset ox elaim whirh Borrower might laave now or in the future agaiust Letxler �all relieve Botxower from maki.ng payments due undez the Ndte and this Security I+,cn,��,r or pearforming the covenants and agreea�nts secured by this 5ecwaty Ynstnum�enC. 2. Applicatip�, o� Paym�nts or Proceed;s. Exc.�pt as otheruvise de�cribed in this Section 2, all payn�cnts accept�d and applieci by Lender shall be applied in the following order of priarity: (a) interest due under tt� Note; (b) Principal due under thc Note; (c) anwunts due under Section 3. Such payments shall be applied to each Periodic Fayrnent in the order in which it became due. ,Any remaining amounts st�all be apptied first to late c�arges, second to atry nther aa�ounts due tuider this Security tnstruuneut, and then to reduoe the principal balance of the Note, If L�der re�ceives a payYnent from Borrower far a delinqpent Periodic Paym�ent which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinqu�nt paymsnt and the late charge. If more than or� Perivdic Payment is outstanding, �.ender may aPP �Y PaY� re�eived fram Bornower to the repaynaent of the Periodic Pay�nts if, and to the e�tent that. each payment can be paid in fqll. To the extent that any excess exists after the payme�t is applied to the fiYll payment af one or more Periodic 1'aymeats, such exc;�ss may be applied w aziy late c�targes due. Voluntary PY'ePaYm�nts shall be applied first to any prepaYme�t chatges and then as descxibe� in the Note. Any application of payments insurance proceeds, or Miscellaneous Proceeds to principat due under ffie Note shall not exten�d or postpone the due date, or change the amount, of ihe Periodic Payments. 3. Fwr� for F�craw Ite�. Borrowcr shall pay W�der on the day Periadic Payyments are duie under the Nota, until the Note i� paid in full, a sum (the "Fru�ds") to provide for paynnent of a�uounts due for: (a) taaes aad asse�n.ts and ather items which can attain priority ov� tlus Se�urity Instrument as a lien or e�cumbrance an the Pmperry; (b) leas�hald pay�ts or gnound rents on the PmPex'ty if any; (c) prc�ni�tms for any and all insurance requir�d by Lendes undcr Section 5; au�d (d) Mortgage Insurance NEBRASKA - Single Family - FanNn Mas/Freddi� Mac UNIFQRM INSTRUMENT �-81NE11os � � 1 �r a m � s idctds: Form 3028 1/01 �D