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201i0@�%� THIS SECURITY INSTRUMENT combines uniform covenant5 for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. LTNIFORM COVENANTS. Borrower and Lender covenant and a�ree as follows: i. Payment of Principal, Interest, Escrow Iterns, Prepayment Charges, and Late Charges. Bqrrower shall pay when due the principal of, and interest on, the debt evidenced by th� Note and any prepayment charges axid late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section. 3. Payments due under the Npte and this Security Instrument shali be inade in U.S. currency. �-Iowever, if any check or other instrument received by Lend�r as payrnent under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and thi� Security Instrument be made in one or more of the followinb forms, as select�d by Lender: (a) cash; (b) rnoney 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, instrumentality, or entity; ar (d) Electronic �unda Transfer. Payments are deemed received by I,ender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 1 S, Lender may return any payment or partzal payment if the paym�nt or partial payments are insufficient ta brin� ttae Loan current. Lender zn�ay accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to it� rights to refuse such payment or partial payments in the future, but Lender is not obli�ated to apply such payments at the time such payments are accepted. If each Periodic Payrnent is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payments to bring the Loan current. If l3orrawer does not do so within a reasonable period of tirne, Lender shall either apply such funds ar return them to Borrawer. If not applied earlier, such funds will be applied to tl�e outstanding principal balance under the Note immediately prior to f'oreclosure. No offset or claim which Sorrower might have now or in the future against Lender shall relieve Borrower from making payments due under the Note and this Security .instrument or performing thc covenants and agreements secured by this Security lnstrument. 2. Appl�cation of Payments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender sha11 be applied in the following order of priprity: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any remainin� amounts shall be applied first. to late charges, second to any other amaunts due undar this Security Instrument, and then to reduce the principal halance of the Note. lf Lender receives a payment from Borrower for a delinyuent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to tk�e delinquent payment and the late charge. If more than one Periodic Payrnent is outstandin�, Lender may apply any payment received from Borrower to the repayznent of the Periodic Fayments if, and to the extent that, each payment can be paid in full. Ta the extent that any excess exists after the payment is applied to the full payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall Ue applied first tn any prepayment charges and then as described in the Note. Any applicatian of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date, or change the amaunt, of the Periodic Payments. 3. Funds for Escraw Items. Borrower shall pay to Lender on the day Feriodic ,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 assessrnents and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payrnents or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Section S; and (d) Mortgage Insurance 2310�0 NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) �oe�� Page4 of 15 in�t�ais. ..�� ^ Form 3028 1I07 � �� .