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�oi�o�� THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with lirnited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, lnterest, Escraw Items, Prepayment Charges, and Late Charges. Borrower 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 also pay funds for Escrow Itenns pursuant to Section 3. Paynnents due nnder the Note and this Security Instrurnent shall be made in U.S. currency. However, if any check or other instrument received by I.ender as payrnent under the Note or this Security InsCrument is returned to I.endear unpaid, L.ender may require that any or all subsequent payments due under the Note and this Securicy Instrument be made in one or more of the following forms, as selected by I,ender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check ar cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, vr entity; or (d) Electronic Funds Txansfer. Payments are deemed received by Lender when received at the location designated in the Nate or at such other location as rnay be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payrnent or partial payrnent if the paymen.t or partial payments are insufficient to bring the Loan current. Lender may accept any payrnent or partial payment insuf�cient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but L.ender is nat obligated to apply such payrnents at the time such payments are accepted. If each Periodic Payment 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 bring the L,oan current. If Borrower daes not do so within a reasonable period of time, I.ender shall either apply such funds or return them ta Barrawer. If not applied eaz'lier, such funds will be applied to the outstanding principal balance under the Note imrnediately prior to foreclosure. No offset or claim which Borrower might have now or 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 secured by this Security Instrument. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payrnents 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 arder in which it became due. Any remaining amounts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payrnent from Borrower for a delinquent Periodic Payment which includes a sufficient amount ta pay any late charge due, the payment may be applied to the delinquent payrnent and the late charge. If rnorc than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applied to Che full payment of one or rnore Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments sha11 be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneous 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. Borrower shall pay to Lender on the day Perzodic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds") to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain priority over this Security InsCruznent as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section S; and (d) Mortgage Insurance NEBRASKA - Single Family - Fannia Mae/Frgddie Mac UNIFORM INSTRUMENT �� �-g�ry�) �ps� i � Page 4 of 15 miciais; � Form 3028 1l01 ;fr , ,�r�� , ' '� i .a , ,