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2oioo9soi 1'HTS SECURTTY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limitsd variations hy jurisdiction to constitute a uniform security instrument covering real praperiy . UIVIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Paym�nt of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Bprrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayrnent charges and late charges due under the Note. Borrower shall also pay funds for Escrow Ttems pursuant to Section 3. Payments due under the Note and this Security Instrument shall be mad� in iJ.S. currency. However, if any check or other instrument received by Lender as paymenk und�ar th� Natc c�r lhis Security Tnstrument is re[urncd to L�nd�r unpaid, Lc:nder may require that any ar all subsequent paymenks du� under ths Nut�: and this Security Instrument be rnade 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 or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a fed�ral agency, instrumentality, or entity; or (d) �lectronic Funds Transfer. Payments are deemed received by T.ender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. L.ender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Trender may accept any payment or partial �ayment insufficient ta bring the T..�an current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in thc futue�, but L.�nd�r is not pbligat�d to apply such paymcnls at the time such paym�nts are accepted. If each Periadic Fayznent is a�plied as af its schedul�d du� date, then L,ender n�ed nat pay interest on nnapplied funds. Lender may hold such unapplied funds until Borrower makes payrnents ta bring the Loan currant. If Borrower does not do so witltin a reasanable period of time, I.,ender sha11 �ither apply such funds or return them ta Borrawer. If nat applied eaxlier, such funds will be appli�d to the outstanding principal balance under the Note irnrnediat�ly prior tp forecl�sur�. Na affsck c�r claim which Borrower might have naw ar in the future against I,ender shall relieve Borrower from making payments due under the Note and this Security Instrument or performing th� covcnants and agrcem�nls secured by this Sccurity Instrument. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by L.ender shall be applied in the following order of priority: (a) intcr�st due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Pcriadic Payment in the order in which it became due. Any remaining amounts shall b� applied first to late charges, second to any other amounts due under this Security Instrument, and then la r�duce Ch� principal halanc� af th� Nole. If I.�nd�r receives a paymt;nt fram Borrower for a delinquent Periodic Payment which includes a sufficient amaunt tU pay any late charge due, the paym�nC may b� applied to lhe delinquent payment and the latt; chargc. If mare than ane Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment af the Periadic Payments if, and to ihe extent that, each payment can be paid in full. To the �xtent that any excess exists aft�r Ih�: payment is applied to the full payment of one or more Periodic Payments, such excess may be applied to any lat� charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the N�tc. Any application of payments, insurance proceeds, ar Miscellan�:ous Prc�c�eds to principal due under the Note shall not extend or postpone the due date, or change the amount, af the Periadic Payments. 3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payznents are due under ths Note, until the Not� is paid in full, a sum (the "�unds") to provide for payment af am�unts due f�r: (a) taxss and assessments and other items which can attain priority over this S�curity Instrument as a lien or encumhrance on th� Property; (b) leasehold payrnents or graund rents an the Pro��rty, if any; (c) premiums for any and all insurance required by Lender under Section S; anc� (d) Mortgage Tnsurance NEBRASKA - 5ingla Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT �� �-61NE) �oa� � i Pape 4 of 16 i�it�ais: Form 302$ 1/01