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�oilao�so 1'HTS S�CURITY INSTRUM�NT comUines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UN(Ft)RM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Pavxnent af Principal, lnterest, Escrow Items, Prepayment Charges, and Late Cliarries. Boarrower ahall pay when due tl�e principal a£, and intere�t on, tlie debt evidenced by the Note and any prepayment charges and late char�es due under the Note. Borrawer shall also pay funds for �scrov�r Items pursuant tn Section 3. Payments due under the Note and thi� 5ecurity lzastrument shall be madc in U.S. currency. However, if any check �r other insCrument areceived by Lender as payment under the Note or this Security instrurnent is returned to Lender unpaid, Lender may require that any ar a11 subsequent payments due under the Note and this Security Instrument he zxiade in one or more of the following forms, as selected by ]'.,ender: (a) cash; (b) money order; (cj certified check, bank check, treasurer's check or cashier' s check, provided any sudi check is drawn upon an institution whose deposits are insured b,y a federal agency. instrumentalit}�, or entity; or (d) Electronic Funds Trans£er. I'ayments are deemed received by Lender when received at the location designated in the Note or at such other ]ocation as may be designated by Lender in accordance with the notice provisions in 5ection 1 S. Lender may return any payment or partial payment if the payzxzent nr partial pay�nents are insufficient to bring the Loan current. Lender may accept any payment or partial payrnent insufficient to bring the L,oara current, without waiver of any rights hereunder ar prejudice to its rights to refuse such payment or partial paymencs in the future, but Lender is not obligated ta apply such payznents at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrpwer makes paymenta ta bring tl�e Loan current. If Sorrower does not do so within a reasonable period of time, Lender shal! either apply such funds or return them to F3orrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset or claiTn which Sorrower might have now or in the future against Lender shall relieve Sorrower from rnaking payment5 due under the Note and this Security Instrument or performing the covenants and agreements secured by this Securitv Inatrument. Z. Applieation af PaymenCs or Proeeeds. Except as otherwise described in thi� Section 2, all payrnents accepted and applied by Lender shall be applied in the following arder of priority: (a) inCerest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. 5uch payments shall be applied tn each Periodic Payment in the order in wl�ich it became due. Any remaining amounts shall be applied first to late charges, second to any other amounts du� under this Security Instrurnent, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a suf�cient amount to pay any late charge due, ihe payment may be applied to the delinquent payment and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower 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 payrz�ent is applied to the full payment of one or more Periodic Payments, such excess may be applied ta any late charges due. Voluntary prepayments sha11 be applied first to any prepayrnent charges and then as described iz� the Nate. 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, af the Periodic Payments. 3. Tunds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds") to provide for payment of amounts due for: (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 Che Property, if any; (c) pr�miums t'or any and all insurance required by L,ender under Sectinn 5; and (d) Mortgage Insurance 231031 NEBRASKA - 5ingle Family - Fannie MaefFreddie Mac UNIFORM INS7RUMENT �-B(NE) (0811) Page4 of 15 iniciais: �� Form 3028 1IQ1 �