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20100970G THIS SECURITY INSTRUMENT cornbines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrurn�ent covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payrnent of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the pz�ncipal 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. Payments due und�r the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received by Lender as payment under the Note or this Security Instrunnent is returned to Lender unpaid, L.ender may require that any or all subsequent payments due under the Note azld this Security Instrument be made in one or znore of the following forms, as selected by Lender: (a) cash; (b) maney 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, instnunentality, ar entity; or (d) Electronic Funds Transfer. Fayments 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 aziy payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. I,ender may accept any payment or partial payment insuf�cient ta bring the Loan current, withaut waiver af any rights hereunder or prejudice to its rights to refuse such payment or partial paymen,ts in the future, but I.ender is not obligated to apply such payments at the time such payrnents are accepted. If each Periadic Payment is applie� as af its scheduled due date, then Lender need not pay interest on tu�►plied frinds. Lender may hold such unapplied funds until Borrowear makes payments to bring the Loan current. If Horrower doe5 not do so within a reasonable period of tiz�ne, L.ender shall either apply such funds or return them to Boz�rawer. If not applied earlier, such funds will be applied to the outstauding principal balance under the Note unmediately prior to foreclasure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Bonower from rnaking payments due under the Note and this Security Instnunent ar perfarnung the covenants and agreements secured by this Security Instrument. 2. Application of Fayments or Proceeds. Except as atherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the follawing order of priority: (a) interest due under the Note; (b) principal due under the Note; (c) arnounts due under Section 3. Such payments shall be applied to each Periad�fc Payment in the order in which it became due. Any remaining amaunts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payrnent frozz� Borrower for a delinquent Periodic Payment which i�cludes a sufficient amaunt to pay any late charge due, the paymenc may be applied to the delinquent paymenc and the late charge. If rnore than one Pe�iodic Payment is autstanding, I,ender may apply any payment received from Barrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applie�l to the full paynnent of one or more Periodic Payments, such excess rnay be applied to a�ny late charges due. Voluntary prepayrnents shalt be applied first to any prepayment charges and then as described in the IVote. Any application of payments, insurance proceeds, or 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 ta L.ender on the day Periodic Fayments are due under the Note, until the Note is paid in fult, a sum (the "Funds") to provide for payment of arnounts due far: (a) taxes and assessments and other items which can attain priority over this Security Instrument as a lien or encurnbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) prerniums for any and all insurance required by Lender under S�ction 5; and (d) Mortgage Insurance NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT --B�NE) Ipat t 1 Page 4 of 15 �n�t�a�s: Form 3028 1/01 / �d ..F.,,° � 4 r �f. � � � . � . � �..