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2o�oos35� THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument cavering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prep�yment 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 Items pursuant to Section 3. Payrnents due under the Note and this Security Instrument shall be rnade in U.S. currency. However, if any check or other instrurnent received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequenC payments due under the Note and this Security Instrument be made in one or rnore of the following 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, inscrumentality, or entity; or (d) Electronic Funds Transfer. Payrnents are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by I,ender in accordance with the notice provisions in Section 15. Lender may return any payrnent or partial payment if the payment or partial payments are insuf�cient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such paymenC or partial payrnents in the future, but Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic Fayment is applied as af its scheduled due date, then Lender need nat pay interest on unapplied funds. Lender may hold such unapplied funds until Borrawer rnakes payments to bring the L.oan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to Borrawer. If not applied earlier, such funds will be applied to the outstanding principal balance under the Npte imrnediately prior to foreclosure. No offset or claim which Borcower might have now ar in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Instrument or perfarming the covenants and agreements secured by this Security Instrument. 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 SecCion 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any re�naining amounts shall be applied first to late charges, second to any other amounts due under this Security Instrurnent, and then to reduce the principal balance of the Note. If Lender receives a payment frorn Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charg� due, the payrnent rnay be applied to the delinquent payment and the late charge. If more than one Peripdic Payrnent is outstanding, Lender may apply any payment received fram Borrower to the repayment of the Periodic Payments if, and to the extenC that, each payment can be paid in fu11. To the extent that any excess exists after the payment is applied to the full payment of one or more Periadic Payments, such excess may be applied to any late chaxges due. Voluntary prepayments shall be applied first to any prepaynnent charges and then as described in the Note. Any application of payments, insurance proceeds, ar 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 Periodic Payments are due under the Note, until the Nate is paid in full, a sunn (the "Funds") ta provide for payment of amounts due for: (a) taxes and assessments and other iterns which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments oz' ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT �-61NE) �os>>� Page4of 15 in�c�ais: Form 3028 1/01 � .. � ' ' .. : �� :� y . r. F1 i d, . '