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201009643 BORRO'WER CQVENAN7'S that Borrower is lawfWIy seised of the estate b.ereby conveyed and has the ar:ight to grant and convey the Properiy and that the Prapezty is unencumbered, except for encumbrances of record. �orrower warrants xnd will. defend generally the title to the Praperty against all claims and deznands, subject to auy encumhrances af record. 'THIS SEC[TRITY INSTRUMENT combines uniform covenants for natzazaaI use and na;a-uniform covanants with iimzted variations by jurisdictian to constitute a wuifoxm security in,strurnent covering real property. UNI�'ORM GOVENANTS. Borrower aud Lender covenant and agree as follows: 1. Paymeat af Principal, �nterest, Escrow Items, Prepayment Charges, and Late Cfiarges. Borrower sh,ali pay when due the principal o£, and interest on, the debt evidenced by tb.e Note and any prepaym�eri.t charges and Iate charges due unde�r tUc Note. Borrower shall also pay fUr►ds for Escxow Ttems pursuant to Section 3. Paymonts due under ti�e Note and this Security Instrurnent shalI ba made in U. S. currency. Howe�er, if any check or other instrurnent received by Lender as payment under the Nate rnr tJxis Security Instrument is retuxned to Lender unpaid, T,ender may requ:u that any or all subsequent payments due ur�der the Note and this Security Instrum�nt be ztzacle in one or mare vf the followi.ng fonoas, as selcctecl by Lender: (a) cash; {b) znoney orde�r; {c} certified check, bank check, treaswrex's check or eashier's check, provided any such check is drawn upon an iustitution whose deposits are insured by a federal agency, instrumentality, or entity; ar(� Blac�onic Funds Tz�a�nsfer. �'ayments are deemed. rcceived by Lend�r when received at the ]pc�pion designated "zn �txe Note ar at such other location as may be desig�ated by Lender in accordance witla the notice provisians in Seation 15. Lender may return any payment or partial payment if the payrnent or partial payments are insufficient to bring the Loan current. I,ender may accept any payment nr partial payment insuf"ficient ta bxing ihe Loan. current, witb�out waivar of any rights hereunder or prejudice to its rights to refuse such payment or partzaI payments in the future, but Lender is not obIigated to apply such payments at the time such payments are accepted. If each Periodic Fayment is applied as of its schaduled dne date, then Lender ne.ed not pay imerest on unappIied £unds. S.exzder may hold such unapplied funds until �arrower makes payznent ta brix�g the Loa� current If Borrower does mot do so within a reasonable perivd of ti.me, Lender shall either apply such funds or return them ta Bonrower. Tf not applied earlier, such funds will be applied to the outstanding principal balance under tJ.�e Note immediately prior ta fore�losure. No offset or claim which Bo�rxowcr might have now or in the future against Lender shall reli.eve Barrvwer from meldng payments due emder tk�e Note and this Security Instrurnent or performing the cavenants and agreements secured by this Security Instrument. 2. Applic�tion of Payments or �'roceeds. �xccpt as otherwise dascrihed in this 5ection 2, all payments accepted and applied by Lender shail be applied in the following orde�r of priarity: (a) interest due undar the Note; (b) princip�l dua under tiae Note; (c) amounts due under Section 3_ Such payments shall be appiied to each Periodic Pay�nent in the order in wIaich it became due. Any remaining amounts shall be applied �"ixst to late cI�arges, second tn an,y ather amounts due under this Security Instnunent, and then to reduce the pz balance of the Note. If Lender receivas a payznent from Borrowe�r for a delinquent Periodic Payment which ix�,cludes a su�cient amount to pay any tate charge due, tb.a payment may be applied ta the deliz�quent payment and Che late charge. If more than one Peniodic Payment is outstanding, Lender may apply any payment recaived fram Borrow�r to the repayment of the Periodic Paymer►ts ;� and ta t6�e extent that, each pa�e�nt can be paid in £ull. To the extent that any excess exists after the paym.ent is applied to the full payment of one or more Pe�riodic Payments, such excess xnay be appIisd to anp iate charges due. Volun�ary prepayments sk�a2I be applied first to at�y prepayment charges and then as described in tlie Note. ,A,ny appIication of payments, insurance proceeds, oz' Miscellaneous Proceeds to principat due unde�r the Note shall not extend or postpone the due date, ar change the auxount, of the Periodic �aymtents_ 3. �tnds for Escrow Items. Borrower shall pay ta Lsn�dar on the day Pcriodic Payments are dae under the Note, until the Note is paid in full, a su.m (the "Funds"� to provide for payment of amautats due for: (a) taxes and assessments and other items whzch can attain privrity over this Security �as�twnent as a lien or eacumbrance on the Properly; (b) leasehold paytz�e,a,ts or ground rents on the Property, if any; (c) premiums for any and alI insurance requixed by Lender under Section 5; az�d (d) Mortgage S�asuz'az►ce . 711I203886 NEBRASKA - Sfngle Family - Fannia MaelFreddie Mac UNIFORM INSTRUMEWT W ��6A(N� �aeia� raaaa or �s in as: Form 3028 1I09