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201049297
<br />Payments are deemed received by Lender when reccivcd �t thc locatic�u dcsi�;iiated in the Note or at such other location
<br />as may be designated lry Lender in accordance with the nvtice provisioiis iii Scctioii 15. Lender may retum any payment or
<br />partial payment if the payment or partial payments ��re insuf�cient to brin7 th;; I,o�u� c�.urerit. Lender may accept any payment
<br />or partial payment insufficienl ta bring lhe Loan curre►at, witlio�d �vaivcr ol' a��y i•i��;lits heraurider or prejudice to its rights to
<br />refuse such payment or partial payments in lhe future, bui Lender is not obli�;atcd to t�pply such payments at the time such
<br />payments are accepted. If each Periodic Payrncni is �pplied as oF'rts schedt:�led due date, chen Lender need not pay interest on
<br />unapplied funds, Lender may hold such unapplied funds until 13orrowcr rnakcs payments to bring the Loan current. If
<br />Borrower does not do so wiihin a reasonable period of time, Lender slk�ll ei�hcr .���ply such 1'unds or return them to Borrower. If
<br />not applied earlier, sueh funds will be applied to the o�rtstanding prirycip;:l b��ltiricc �.�rider the Note unmediately prior to
<br />foreclosure. No offset or claim which Borrower rciiglit I��ive riow or in tlic �'i,�t�u�c ,��;�iirist Lender shall relieve Borrower from
<br />making payments due under the Note and this Security Instrurnerit or �xrfonnin,�. tlic coven�nts and agreemants secured by
<br />this Sacurity Tnstrwnent.
<br />2. Application ot' Payments or Proceeds. �xccpl as olticr���is� dcscribcd iri lliis Section 2, all payments accepled and
<br />applied by Lender shall be applied inthe following order of'priorily: (aj i�itcres� duc i.iridur ihe Note; (b) principal due under the
<br />Note; (c) amounts due under Section 3. Suct► �ayments sht�ll be �ipplied to e�icli Pcriodic Payment in the order in which it
<br />became due. Any remaining amounts shall be �pplied first to late cl���rges. secorid tc� ttny other amounts due under this
<br />Security Insh and then to reduce the principal balance of iY�e Noie.
<br />lf Lander receives a payment from Borrawcr for �i dcliiYqu�iit Pcriodic Pa� icicnt ti�hich includes a sufficiant amaunt to pay
<br />any latc charge due, the payment may bc applicd to tYic dcliriqucrlt payiilciit ai�d ll�c laic charge. If more than onc Pcriodic
<br />Payznent is outstanding, Lender may apply any� payment rcceived trnn� t3on o�� c: ;o ilic repayment of the Periodic Payments if,
<br />and to the extent that, each payment can be paid in firll. '1'o thc c�ienl th��t �u�y crccss csists afier ihe payment is applied to the
<br />full payment of orre or more Periodic Payments, such excess rruiy bc a�7plicd to ,iri� I��tc charges due. Voluntary propayments
<br />shall be applied �rst to any prepayment charges and then as described in tlic Noic.
<br />Any applicatian of payments, insurancc }�rocecds, ar Misccllaricous Pro:ccc+..� to }�rincipal due under tho Note shall not
<br />extend ar postpone the due date, or change the amoi.int, c�l' the Aeriodic Pri�-incin7.
<br />3. �nds for Escrow Items. Borrower shall pay to I,ender on lhe d��y Periodic P;ivriicrlls are due under the Note, until the
<br />Note is paid in full, a sum (the "Funds") to providc for pay�azent of amor.�nis duc 1'or: (t�) t�ixes and assessments and other iterns
<br />which can attain priority over this Security lnstr��Yieiit as a lien or enci,unhr��nce on ihc Property; (b) leasehold payments or
<br />ground rents on the Property, if any; (c) prciruurns for �ny �nd F�II insur��ncc rec�i�ircd by Lcndcr under Section 5; and (d)
<br />Mortgage Insurance premiums, if any, or auy surns payable by� I3orro�vcr to I,cndcr ir� lieu of the payment of Mortgage
<br />Insurance premiutns in accordance with the provisions of Section lU. 'I'hese iterns are called "Bscrow Items." At origination or
<br />at any timeduring the termofthe T.oan, Lender inay require ihat Corrull�u�ity �\ssoci;nion Ducs, Fees, and Assessments, ifany,
<br />be escrowed by Bonower, and such ducs, fccs and assessmcnts shall be ��n I�:scro�v Itcm. Borrower shall promptly furnish to
<br />Lender all nalices oF amounts to be paid under this Scction. I3prrnwcr sliall p,i� l,ciidcr ihe Funds for Escrow Items unless
<br />Lender waives Borrower's obligation to pay the Funds for a��y or all I:scro�v l�c�ris. I,crider may waive Borrower's obligation to
<br />pay to Lender Funds for any or all �scrow Iterns ��t any tii��e. /�ny such w;�ivc:r may only bc in writing. In the event of such
<br />waiver, Borrower shall pay directly, whCi� and where payable, the arno�mts cluc i'or �uiy Tscrow Ttems for which payment of
<br />Funds has been waived by Lender and, if I,ender requires, shall fiuliisll to Lcridcr rcccipts evidencing such payment wiflun
<br />such time period as Lender may require. Borro�n�er's obligation to rnakc suc}i p���inci�ts and to provide receipts shall for all
<br />purposes be deemed to be a cavenant and agreement comaii�ed in this Scc�;ri�v instri.uricnt, as the phrase "covenant and
<br />agreement" is used in Section 9. If Borrowcr is obli�ated to pay l.;scro��� Iterri; c;iircctl� . p�.u lo a waiver, and Borrower fails
<br />to pay the amount due for an Escrnw ItciY1, Lcndcr ri7ay exercise its ri�;l�is i�nda; Scciinn 9 and pay such amount and Borrower
<br />shall then be obligated under Section 9 tn rcpay to L�nder any sucli arrio�uu �.cnder rnay revokc the waiver as to any or all
<br />Escrow ltems at any time by a notice given in accord�incc wit17 Scc:tion 15 ,�nd, uE:�on siich revocation, Borrower shall pay to
<br />Lender all Funds, and in such amounts, that are then required uridc;r tYiis Sectiori �.
<br />Lender may, at any tirne, collect and hold Fiuids in nn amouiit (a) s�ifficrent to permii Lcndcr to apply the Funds at the time
<br />specified under RESPA, and (b) not to exceed ltic m�iximurri arnpunt u Iuiidcr c�i�i rucluire under RESPA, Lsnder shall estimate
<br />the amount of Funds due on the bas'rs of cturcnt data and reasonable esiiia�ates of �xpcnditures of Future Escrow Items or
<br />otherwise in accordance with Applicable I,aw�.
<br />NEBRASKA - Single Family - F'annie MadFreddie Mac UNIFORM INSTRUMENT
<br />�1 .,g�N� (OB11) F'.3n�: n��+�� Form 3028 1/01
<br />DDS-NE9
<br />I IIIB �INI NIN I�II IINII INI MII IIN IIII IINI �IN IIIII illll IIII IIII
<br />oaaoN�sssanss
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