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�oloosi4� TIIIS SFCiJRITY INSTRUMENT combines uniform covenants for national use and non-uniform cav�nants with limited variations by jurisdiction to constitute a uniform securily instrum�nt c�vering r�al propr:rCy. UNIFORM COV�.NANTS. Borrower and L.ender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and I,ate Char��s. Borirower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower shall alsc� pay funds far �scrc�w IC�ms 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 instrument received by Lender as paym�nt under the Note or this Security Instrument is returned to T.ender unpaid, T.ender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or mors af the fallawing forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by T.ender in accordance with the notice provisions in Section 15. L.ender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. I.ender may accept any payment or partial payment insufficient to bring the T.oan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated ta apply such payments at the time such paynnents are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest o;n unapplied funds. Lender may hold such unapplied funds until Borrawsr makes paym�nts to bring the Loan current. Tf Borrower does not do so within a reasanable period of time, Lender shaA eith�r apply such funds or return them to Borrower. If not appli�d �arli�r, suGh funds will }� applicd to the outstanding principal balance under the Note immediately priar ta fareclosure. Na affset ax clairn which Borrower might have now or in the fulure against Lender shall relieve Borrower from rnaking paym�nts due under the Note and this Security Tnstrument or performing the covenants and agreements secured by this Security Tnstrument. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the following 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 due. Any remaining amounts shall be applied first to late charges, second Co any other amounts due under this Security Tnstrument, and then to reduce the principal balance of the Note. If I.��nd�r reccives a paym�nk fram Barrawsr far a delinquent Periodic Payment which includes a sufficient amount tp pay any late charge dus, the payment may bc applied lo the delinquent payment and the late charge. If more than one Periodic Payment is autstanding, I.�nd�r may apply any paym�.nt received from Borrower to the repayment of the Periodic Paynnents if, and to th� extent thaC, each payment can be paid in full. To the extent that any excess exists after tlxe payment is appli�d ta the full payment of one or more Periodic Payrnents, such excess may be applied tq any lat� charges duG. Vc�lunlary prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance proceeds, ar Miscellan�ous Prace�ds to principal due under the Note shall not extend or postpone the due date, ar change the amount, of the Pcriodic Payments. 3, Funds for Escrow Items, Borrower shall pay ta I.,ender an thc day P�riUdic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds") la provide fc�r paymcnt of amounts due for: (a) taxes and assessments and other items which can atCain priority over lhis Security Instrument as a lien or encumbrance on the T'roperty; (b) leasehold payments ar ground renfs an thc Property, if any; (c) premiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Tnsurance NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �� , �-6�NE) �pst i � Pape 4 of 15 Initials �]7 �(�4__,) Form 3028 1I09 T�r