Laserfiche WebLink
2oioosii2 <br />"1 HIS SECURITY INSTRUM�N1 combines unif'orm cov�nants for national use and non-uniform <br />covenanls with limited variations by jurisdiction to constitute a uniform security instrument covering rc:al <br />pr�perty. <br />UNIFUKM COVENANTS. Barrawer and L.ender covenant and agree as follows: <br />1. Payment of Principal, Ynterest, Escrow Items, Prepayment Charges, and L�te Charges. <br />Borrower shall pay when due the principal of, and interest on, the debt �vzdenced by the Note and any <br />prepayment charg�s and late charges due under the Note. Borrower shall alsa pay funds for Escrow Items <br />pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. <br />currency. However, if any check or other instrument received by Lender as payment under the Nate ar this <br />Security Tnstrument is r�[urn�d to Lender unpaid, Lender may require that any or all subsequ�nt payments <br />due und�r tht Not� and this Security Tnstrument be made in one or more af the fallawing forms, as <br />selected by I,end�r: (a) cash; (b) money order; (c) certified check, hank check, treasurer's check or <br />cashier's chcc:k, provided any such check is drawn upon an ir�titutian whose deposits are insured by a <br />federal agency, instrumentality, or cntity; Ur (d) El�c:tranic Funds Transfer. <br />Payments are deemed received by I.,�nd�r when r�c:�ived at the location designated in the Note or at <br />such other location as may b� designated by I.endex in accardance with the notice provisions in Section 15. <br />Lender inay return any paymcnl or partial payment if the payment or partial payments are insufficient to <br />bring the T..oan current. Lencler may ac�ept any payment ax partial payment insufficient to bring the I..oan <br />current, without waiver of any rights harsund�r ar prejudice to its rights to refuse such payment or partial <br />payments in the future, but Lender is not obligat�d ta apply such payments at the time such payments are <br />accepted. If each Periodic Payment is dpplied as of its scheduled due date, then Lender need not pay <br />interest on unapplied funds. I�ender may hold such unapplied funds until T3orrower makes payments to <br />bring the Loan currcnt. If Borrower does not do so within a reasonable period of time, Le:nd�r shall cithcr <br />apply such funds ar return them to Borrower. If not applied earlier, such funds will bG applicd to lhc <br />outstanding principal balance under the Note immediately prior to foreclosur�. No offset ar clairri which <br />Burrower might have now or in the future against T.ender shall relievc Barrow�r from rnaking payments <br />du� under the NaGe and this Security Instrument or performing the covenants and agr�ernents s�cur�d l�y <br />this Security Instrument. <br />2. ApPlication of Payments or Proceeds, �xcept as otherwise described in this Section 2, all <br />payments accepted and applied by T,ender shall be applied in the following c�rdcr ryf priarity: (a) int�r�st <br />due under tl�e Not�; (b) principal due under the Note; (c) amounts due under Section 3. Such payments <br />shall be applied to each Periodic Payment in the order in which it became due. Any rernaining amounts <br />shall be applied first to late charges, second to any other amounts due undcr lhis S�curily Inslzum�nt, and <br />then to reduce the principal balance of the Note. <br />If Lender receives a payment fram Barrawer for a delinquent Periadic Payment which includes a <br />sufficient amount to pay any late charge due, the paymcnl may bs applied to the delinquent payment and <br />the late charge. Tf mare than ane Periadic Payment is outstanding, Lender may apply any payment received <br />from Borrower to the repaymcnt �f the Periadic Payrn�nls if, and lc� th� extent that, each payment can be <br />paid in full. To the exCent that any �xcess exists after the payment is applied to the full payment of one or <br />more Periodic Payments, such cxcc:ss may b� appli�d Cci any lal� c:harges due. Voluntary prepayments shall <br />be applied first to any prepayment charg�s and tkten as describ�d in th� Note. <br />Any applicati�n of paymenCs, ir�surance proc�eds, c�r Misc�llaneous Proceeds to principal due under <br />the Note shall not extend ar pastpone ths due date, pi" GXldri$� L17� �Tl1Pllllt af the Periodic Payments. <br />3, Funds for Escrow Items. Borrower shall pay to T.ender on the day Periodic Payments are due <br />under the Note, until the Note is paid in full, a sum (the "Funds") to provide for payment of amounts due <br />for: (a) taxes and assessments and ath�r it�rns which can attain priority over this Security Instrument as a <br />lien or encumbrance on lhc Prope�ty; (b) leasehc�ld payments or ground rents on the Property, if any; (c) <br />premiums for any and all insuranc� r�quir�d by Lc:nder under Section 5; and (d) Morigage Insurance <br />NEBRASKA - 5ingle Family - Fannie IVlae/Freddie Mac UNIFORM INSTRUMENT (`� <br />�-6�NE) loaiil Paqe4of 16 Initials: � Form 3028 1I01 <br />