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2011Q02�4 THI3 SECURI'1'Y TNSTRC.JMI:NT cnrnbines uniform covenants fbr nalional use and non-uniform covenants with limited variatians by jurisdiction to constitute a uniform ti�curity instrument covering real property. UNIPORM COVENANTS. Borrower and I.�ndcr covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Chs�r�es, and Late Charges. Borrowcr shall pay when due the principal of, and intcrest on, the debt evidenced by the Note and any prepayrnent chaarges and late charges due und�r the Note. Barrower shall also pay funds f�r Fscraw Items pursuant to Section 3. Payments due under lhe. NoC4 and this Security Instrument shall be made: in U.S. currency. Howcver, if any check or other instrument received by l,ender as payment under the Note or lhis Security Instrumc:nl is returned to Lender unpaid, I,ender may r�quire that any or all subsequent paymenls due undcr [hc Not� and this Security Tnstrumant bc: madc in one or rnore of the following forms, as s�lccted by L.ender: (a) cash; (b) mUney order; (c) certified check, bank Ghe.ck, treasurer's check or c;ashier's check, provided any such chc:ck is drawn upon an institution whose dc:posits are insured by a federal agency, instrumentality, c�r entity; or (d) Electronic Nunds Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may he dcsign�ted by Lender in accordance with the nofice pravisions in Section 15. Lender may return any payment nr partial payment if the payment or partial paym�nts are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficicnt t� bring the L.oan current, without waiver of any rights hcreurtder or prejudice to its rights to refuse such payment or partial payrnents in the future, but I,ender is n�l c�bligated to apply such payments at the time such paymenls arc accepted. If each Periodic Paymcnl is applied as of its scheduled due date, then T.ender need not pay interest on unapplied funds. I.ender may hold such unapplied funds until Borrower makas paymcnts lo bring the T.oan current. If Barr�wer does not do so within a reasonable period of time, I,cndc:r shall eith�r apply such funds or rekurta them to Borrower. Tf not applied earlier, such Punds will be applied to tlxe outstanding principal halanc� under the Note iminediately prior to foreclosurc. Nc� �ffs�C ar clairn which Borrower might have now or in the future against Lender shall relieve Borrower from makin{� payments due under the Note and this Security Instrument or performing the covenanls and agreements secured by this Security Tnstrument. 2. Application af �'ayrnents or Proceeds. Except as otherwise descrined in this Section 2, all payments accepted and applied by L.ender shall be applied in the following �rdar of priarity: (a) interest due under lhe Nc�k�; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall k�c applied to each Periodic Payment in tl�e order in which it became due. Any remaining amounts shall bc applied first to late charges, second to any other amounts dus under this Security Tnstrument, and then to reduce the principal balance of the Note. If Lender rcccives a payment froui Borrower for a delinquent Periodic Payznent which includes a sufficient amaun[ k�� pay any late charge due, the payment may be applicd to the delinquent payment and the late charge. If moaru lhan one: Periodic Payrnent is outstanding, Lender may apply any payment received from Borrower to lha repayrnent of the Periodic Payments if, and to the extent that, each payment can bc paid in full. T� the extcnt I.hat any excess exists after the payrnent is applied to the full paynienk of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as descrihed in the Nolc. Any application of payments, insurance proceeds, or Miscellancous Proueeds to principal due under the Note shall not extend or poslpone fhe du� date, ar change the amount, of the Periodic Yayments. 3. Funds for Eticraw Items. Borrqwer shall pay to Lender on the day Periodic Payments are due under the Note, until the N�te is paid in full, a sum (the "Funds") to provide for payment of amounts due for: (a) taxes and assc5smc:nCS and other items which can attain priority over this Security lnstrument as a lien or encumbrance an the Praperty; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance NEBRASKA - 5ingle Family - Fannis MaelFraddis Mac UNIFQRM INSTRUMENT �-6�NE� loa��1 Paqe4vf 16 Initials: Form 3028 7/01