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2o1ioo2J4 THIS SECi]RITY INSTRUMENT' combines unifprm covenants for national use and non-uniform covenants with limited variations by jurisdictivn to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as fallows: i. Payment of Principal, Interest, Escrow Items, Prepayrnent Charges, and Late Char�es. Borrawer shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Sorrower sha11 also pay funds for Escrow Items pursuant to Section 3. Payments due under 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 Npte or thi5 Security Instrurnent is returned to Lender unpaid, Lender may require that any or all subsequent payxnents due under the Note and this Security Instrument be made in one or more of the following fornas, as selected by Lender: (a) cash; (b) money order; (c) certi�ed check, bank check, treasurer' s check or cashier' ti check, provided any such check is drawn upon an institution whose d�posits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Fnnds Transfer. Payments are deerned received by Lender when received at the location designated in the Note or at such other location as rnay be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is appli�d as of its scheduled due date, then Lender need not pay intarest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payments to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to Borrower. If i�nt applied earlier, such funds will be applied to the outstanding principal balance under the Note immediately prior Co foreclosure. No offset ar claim which Borrower znight have now or in the future against Lender shall relieve Borrower from making payrnents due under the Note and this Security Instnunent or performing the covenanL� and agreements secured hy this Security Instrument. 2. Application of Payrnents or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the followin� order of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under 5ection 3. Such payments shall be applied to each Feriodic Payment in the order in which it became due. Any remaining amounts shall be applied first Co late charges, second to any ather amounts due under this Security Instrument, and then ta reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Feriodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If xnore than one Periodic Payment is outstanding, Lender may apply any payment received from �orrower to the repayment of the Periodic Fayments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applied to the full payment of one or more Feriodic �ayments, such excess may be applied to any late chargas due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in tha Note. Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or pastpone the due date, or change the amount, of the Periodic Payments. 3. Funds for Escrow Iterns. Borroverer 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 pniority ov�r this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Sectian S; and (d) Mortgage Insurazice 231041 NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMEN7 �-6�NE) (0811) Paga4 of 15 iniciais: �� Form 3028 1/01 �