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201009308
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Last modified
1/11/2011 1:57:58 PM
Creation date
12/14/2010 3:24:40 PM
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DEEDS
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201009308
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2oioo93o� <br />THIS SECCJRTTY INSTAL]MENT cprabines unifvrm covcuauts £or natioxtal uge and non-uniform <br />aove,nants With limited variatians by jurisdiction to constitute a zinifonn seaurity instru�nemt advering rcal <br />I�P�Y- <br />iJTVIFORM COVENANTS. Bormwer and Lender cavena�nt aud agr�e as follovvs= <br />1. Payment nf Principal, Interest, Escrovv Ytenns, Prepayment Chur�es, and Late Ck�arges. <br />Sorrower shall pay �hen due tb;o principal aF, and intcrest on, the debt evidarced by the Nvta and any <br />prepayment charg�s and late charges due under the Note. �orrowcr sha11 also pay fi�nds far Esarow Ttems <br />pursuant to Section 3. Payuianta due under t�e Nate and this Seetuity �,stc,mnent shall be made iu U.S_ <br />curtency. Howe�er, if any eheek or ather instruincnt received by Lender as pa�an�nt under the Note or this <br />5eciuity Instnunent is returned to Lender uwpaid, �.cnder may require that any or all subscquent payments <br />due under t�ie Note and tiais Security �►stnuuent ba madc in ane or more of the foAowing fnrma, as <br />selected by Lcnder: (a) caxh; (b) momey order; (c} certifiesd chccic, bank chvck, treasuxer's check or <br />cashier's check, prpvided any such check is drawn u�on an institution whvse deposits ar� insured by a <br />federal. agency, inshumartality, or entity; or (d) Electranic Fuuds T'rausfar. <br />Payme�ts are decmed received by Lender when received at the loaation designated in. the Npte or at <br />svch othcr location as may be designated by Leuder in acaordance with the noticc pravisions in Section 15_ <br />Larder may �retum any payarnent ax partial payzuent if the payanent or partial payments sra insufficient to <br />brin� the Loan current. I,esndcu may accept any payuiart pr partial payment insu�`icienf to bring the Loan <br />current, without waiv�r of any rigla�ts hereunder or prejudicc to its zigl�ts tu ro£use such pxy�nent ar partial <br />payments in the future, but Lender i� no� �bligated to apply such paymcnts at tho time such paynne,�.ts are <br />acecptcd. If each Periadic Paymezxt is applied as of its schcduled due date, thcn Lez�der need n�t pay <br />interest on unapplied funds. Lendar may hvld such wnapplied funds until Borrowcr makes payments to <br />bring the �.oan current. •Tf �3orrower docs nat do sa within a reasonable period of time, Lendcr shall oither <br />apply such fiands or return thwn to Borrower. I£ not applied earlieir, such funds wiA bc applicd to the <br />outstanding principal balanae under the Noto immediatcly prior to fareclvsure. No offsct ar claim which <br />Borrower might b,avc naw or in the future against Lcnder s�all relieve Bormwar from making payments <br />due undar tha Note aud this Security Instruuxe�at or perfotmixig thC covonants and agreemucnts secured l�y <br />this Socurity Imstrumcnt_ <br />2. 'Applieatio�q of Paymcnrs ar �'roceeds. Except as otherwise described in this 5ectiou 2, a1l <br />paymeuts acceptod and applied by Lender shall be applied in the following ordar pf prioxity: (a) interest <br />due under the Note; (b} principal dua undcr the Note; (c} amounts due undar Section 3. Such payments <br />shall be applied to each Perindic Payment in the order in w�ich it became due, Any remaining �mounts <br />shall be applied �irst to late eharges, second fo any vt�er amox�txts ctue uaxder this Sccurity Tnsh�xtnent, and <br />then to reduce the principal balance nf tha Notc. <br />If Lcnder rnceives a payment from Borrower for a delinquent Perindia T'ay�ent whicb includes a <br />sufficient amount to pay any latc.charge due, the'pay�ent may be applied to the delinquent paymtnt and <br />tho late chaxga If mvxe than one Periodic �'aym,eut is o�tstanding, Lex►der may apply any paymcnt receivcd <br />from Sorrower ta the re�ayment of the Periodic Payiarents if, and to the extent that, each paymexAt can be <br />paid 'ua fu1l. To t�c cxtent that an.y excess exists after t7�e payment is appliecl to the full payment of ona nr <br />more Periodic Payments, su�h excess may bc applicd to any late chax��es due. Volitntary prepayments sha11 <br />be applicd first to any prepay�na.ent charges and then as descxibed in tl�e Nate. <br />Any appliaation of payAnarts, insurance procoads, or Miscellancous Procceds to principal due undcr <br />the Note shall �o.ot extend or postperae the due date, ox cl�ange the amxount, of the Pexiadio Paymcnts_ <br />3. k'unds for Escrow Xtems. Bozxower shall pay to Lender on the day Parindic Paynxents are due <br />undcr thc Nota, until the Note is paid ;in full, a swn (th� "Funds") to prnvide for payment of amounts due <br />for: (a) tax�s and assess�nents and ntlter ateius which can attain prioxaty ovcr tbis 5ecurity Jnstnaimcnt as a <br />lien or ancw�nbtance an thc ProperLy; (b) leasehold paymcnts pr �ouud rents on the F�roperly, if any; (c} <br />prcmiuxns for any aud al�y�s�ux�.c,c�r�i��,.,,b� Lcuclar tmdax Sectio� 5; and (d) Martgagc Insurance <br />N�BRASKA- Single Famity - Fannlm Mae/��eddle M�c UNIFORM INSTRUM�NT <br />�-6(N�)�os��� Pligs4ofi6 � InHhl�: FQi1C1�OZ$ 1107 <br />
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