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2oli00044 "1'I-115 SGC;URITY INSTRUMENT curnhitaes t�nifnnn cavcnants fnr national u�c and non-unil'onn covenants with lirnited variations by jurisdiclion to consl.ilule u unil'vnn security instn�rnent coverin� real property_ iTNIF(�RM C'OVTNAN'1'S_ F3orrower and Lender covenanl und aeree as follow�: 1. Paymcnt uf Principal, Interest, F.ticro�v Items, Prepayment Chargcs, and Late Charges. Borrower shull pay when due thc princi�ral of, and interest on, the debt evidenced by 1he Noie und any prepaymcnt chargcs and lale charges due under the Note. Bvrrnwer shall also pay fiinds for Escrow Ilems ptiirsL�ant to Section 3. Paymenl.� clue under tkic Note and this 5ecurity Instrument shall be made in LT.S. currency. However, if any check or other insl.rL�tnent teceived hy Lendtr as payment under the Note or this 5ccurity Instnunent i5 teturned to Lender unpaid, Lender triay requirc tl�at any or all �uhseqi►enl puylnents duc undcr the Note and this 5ecurity Insltuineni he made in nne ur morc of thc fi�llowing fonns, as sciceted by Lender: (a) cash; (b) money ordet; (c) cettified check, batilc check, treasurer'� check or cashier's chcek, provided any such check is druwn upon an in�tit.ulion whotie depositti are insured by a federal a�ency, instrutracntality, ��r cntity, or (d) �lectronic I�unds Transfer. Payment� are decrned reccivcd hy I.cndcr when received at the locution de5ignated in the Nate or at such other location ati may he designated hy Lender in accorclance with the notice provisions in Seclion 15. Lenciet may return any payment or partiaJ payment if the payment or partial payments are intiuflicient to bring t.he Loun current. Lend�r may accept any paynient or partial payment insufticient lo bring the Luan current, wilhout waiver nf any tights hereura�ler nr prejudice to it� rights to rehise such payinent or partial payments in the luture, but Len�lcr iti not obligated tn apply such payinents al lhe liine tiuch payments arc accepied. If each Pcriocli� Payment iti applicd as of it� scheduled due date, Chen Lender need n��t pay interest on unapplic�l fiind�_ Lend�r may hold such unapplied fimds until Borrower makes paymtnts to hring the �.nan currcnt_ If Iinrrow�r dncs not do so within a reasonable period of lime, Lendet tihall uither apply such fi►nd� c�r return thern to i3nrrow�r_ [f not applied earlier, such lunds will be applieci ta tbe oultitandin� �rincipal balanec under thc Note immediately prior to foreclosure. No olTset or cluim which Borruwer x.night. hav� now ��r in the fiiture against Lendcr tihall relieve I3orrower lioin inukin� payinents due un�ler th� Natr; and this Security Instnuncnt or perfonning lhe covenunl.s and agteements secr�re�l by ihiti �ccurity Intitnrrncnt_ 2. Application of Payments or Pro�ce[ls. Except as otherwise desctihed in ihis Sectipz� 2, all paymcnts acecptcd and applied by Lendet shall be applied in lhe lollowin� order uf prir�rity: (a) interest du� under the Notc; (b) principal due timder the Nole; (c) amounls due under Sect.iun 3. Such payments tihall bc applicd to each Periodic Payinent in the order in which il becaine due. Any remaitait�g amounts shal] bc applie�l first to latc chargcs, sccond tn any other amotiints due under thiy Secutity In�trument, and theta to reduce the principal balance of ihe Nole. If Lcn�ler r�ccives a paymcnt from E3orrower for a delinquent Periudic Paymeni which includcs a sufficicnt amount to pay any late charge due, lhe payment may be upplied tu the delinquent payment and the latc charge_ If iuore than one Periodic Paymenl is outslanding, Lender may apply any payment rcceivcd fram T3orrower tc� thc repayment of the Periodic Payinents if; and to the exlenl that, euch payment can he paid in fiill_ '1'o thc extent that any excess exists aftet lhe puyment is applied ta the full payment of onc nr n�r�rc Periodic Payrncnts, stiich cxcess may be applied to any late charges due. Volunl.ary ptepaytnents shall he applicd tirst to any prepayment charges and ihen as described in ihe Note. Any application of paymcnts, in�urance proceeds, or Miscellaneous Proceeds lo principal due un�ler the Nate shall not extend or postponc tl�c due date, or change the amount, ol� ihe Periodic Puymenls. 3. Funds for Escruw Items. i3orrower shall pay to Lender on the day Period'rc Paymenls are due under the Note, until ihe Note is paid in full, a sum (the "F�ind�") tn provide fi�r paymcnt of amounts due for: (a) tuxes and assetisments und olhet items which can attain priarity ovcr this Security Instn�ment as a licn or cncwnbrance on the Property; (b) leasehold paymenl5 or ground rent� on ihe Prorerty, if any; (c) premiums for any and all insiirance requited by Lender under Sectiun S; and (cl) Mnrtgage Intiurance NEBRASKA- Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �� 6(N�� (0811) Paye 4 of 15 Initials:. � Form 3028 1/01