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241049333 <br />TIIIS SECURITY INSTRUMENT combineti uniform c�>venants Pi>r t�ational usc and non-unifotm <br />covenants with limited vuriation� by jurisdiction to consiitute a ttnitbrm security intitniment coverin� real <br />property. <br />UNIFORM COVENANTS. $otrower und Lender covenant and a�ree ati fi7llows: <br />l. Puyment uf Principal, Intcrest, Escrow Itcros, Prepayment Chargcs, and Late Charges. <br />Borrower shall pay when due the principal of, and intetest on, lhe debt evidenced by the Note and any <br />prepayment chargcti and late cl�arees due under the Nole. Borrower shall alvo pay funds fi�r Eticrow Ite►ns <br />pursuant to Section 3. Payments duc under the Nnte and this Security Instnunent shall be inade in U.ti. <br />ci►ttency. However, if any chcck i�r other intitnunent received by Lender as payment uncler the Note or this <br />Security Instnunenl i� reiurnecl io Lencler unpaid, Letxder rr�ay require that any or all subsequent paymenis <br />due under ihe Noie and th'rs Security Instrumcnt be ►nade i�� onu ar rnorc of the following lonns, as <br />selected by Lender: (a) cash; (b) inoney order; (c) ceriilied check, bank check, treasurer's check or <br />cashier's check, provided any such cheek is drawn upon an institution whose deposits are insured by a <br />fedcral agency, instrumentality, or entrty; or (d) Electronic Funds Transfer. <br />Paymcnts arc deemed received by Lender when received at the location designated in the Note ur at <br />such other location as �nay be designated by Lender in accordance with the notice ptovisions in Section I S_ <br />Lender may return any paymcnt nr partial payment if tl�c payment or partial payments ate insufC�cient to <br />bring the Loan current. Lender may accept any puyment or partial payment insullicient to bring the .Loan <br />current, without waiver of any rights hereunder or prejiidice to its rights to refuse such payment [�r partial <br />payments in thc firture, but Lender is not obliealed to upply such payinents al the tirne such payments arc <br />accepted. If each Pcriodic Payinent is applied a� of its scheduled due date, then Lender need not pay <br />intcrest on unapplicd funds. Lender may hold such unapplied lunds until $ortowet makes paymcnts to <br />brine the Loan current. II� Borrower does nol do �o wit.hin a reasonuble period ol� time, Len�l�r tihall either <br />apply such fiinds or retti�rn them to Barrower. If not applied earlier, siich funds will be applied to thc <br />outstundin� principal bulance under the Note immediat.ely prior lo toreclosute. No nffset or clai�r� which <br />Borrower might have now or in the future aeain�l Lender shall relieve I3orrower from making payments <br />due under the Note and this Securily Inslruinent ot petl'orniing ihe covenanl5 und a�teezrietats secured hy <br />this Security lnstnunent. <br />2. Applic:�tion of Payments or Procceds. Except as oiherwise described in thi� Section 2, all <br />paymenls uccepted and applied by Lender shall he applied in 1.he lollowing order af pri��rity_ (a) interest <br />due tiinder the Note; (b) principal due undet the Note; (c) umounts due undet Section 3. Such payments <br />shull be applied Io euch Periodic Payment in ihe or�ler in which it became �lue. Any remaining amounts <br />shall be applied tirst tu late chatge�, second to any othet amc�unl� due undet this Security Instn�ment, and <br />then to reduce the ptincipal balance of the Nnte. <br />IP Lendet receive;s a paynient fr��m Borr��wer for a�e]ii��Uerit PeCl��c�lc �'ayment which includes a <br />�ulricient umount io pay any late charge due, the payment may be applied to fhe delinqucnt paymcnt and <br />ihe late charge. If mote than one Periodic Payment is c>titnianding, Lender may apply any payrncnt received <br />liom $orrower to the repaymenl of the Periodic Paymenls if, and io lhe extent that, each payment can bc <br />paid in tull. To the exlent Ihul any excess exitits after the paymenl is applied lo ihe lull payznent ��f onc or <br />morc Periodic Payments, such excess may be applied to any late charges due. Voluntary ptepuyments shall <br />be applied tirst to any prepayment charges and ihen as described in the Note. <br />Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due undex <br />the Note shall not extend or postpone the due date, or change Che ainount, of the Periodic Payments. <br />3. Funds for Escruw Items. Borrower shall pay to Lcnder on the day Periodic Payments are due <br />under the Note, until thc Nntc iti paid in fiill, a sum (thc "[�und�") to providc for payment of amounls due <br />for� (a) tax�s and atisessmcnts and other items which can attain priority nv�r this 5ecurity Instrumenl a5 a <br />lien or enc�imbrunce on the Property; (h) leasehold payment� nr groun�l rents on the Property, if any; (c) <br />premiums 1'or any anci all insurance required hy Lender under Section 5; and (d) Mnrtgage Insurance <br />N�BRASKA- Single Family - Fannie MaelFreddie Mac IINIFORM INSTRUMENT <br />�-6(NE) �osii� Page 4 of 15 i��s�ai5�� Form 3028 1/01 <br />