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�olioo3�4 �� THIS SECURITY INSTRUMENT cornbines uniform covenants for national use and non-uniform covenants with 1'united variations by jurisdiction ta constitute a uniform security instrutnent covering real praperty. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower 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. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payrnents due under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other insttvment received by Lender as payment under the Note or this Security Tnstrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instru[nent be made in one or more of the following forms, as selected by I.ender: (a) cash; (b) money order; (c) certi�ed check, bank check, treasurer's check or cashier's check, pravided any such check is drawn upan an institution whose deposits are insured by a federal agency, instrumentality, or entity; or (d) ElecCronic Funds Transfer. Payments are deerned received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accardance with the notice provisions in Section 15. Lender may retum any payment or partial payment if the payment or partiat payrnents are insuf�cient to bring Che Loan current. Lender may accept any payment or parCial payment insufficient to bring the I.oan current, without waiver af any rights hereunder ar prejudice to its rights to refuse such payment or partial paym�ents in the future, but I.ender is not abligated to apply such payments at the time such payments are accepted. If ea�h Periodic Payment is applied as of its schedWed due date, then Lender neect not pay interest on unapplied fimds. Lender may hold such unapplied funds urctil Borrower makes payments to bring the Loart ct►xrent. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds ar return them to Barrower. If not applied earlier, such funds will be applied to th� outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due under the I�Tote and this Security Instruitxaent or perfornung the covenants and agreetnents secured by this Secw-ity Instrument. 2. Appl�ica►tion of Payments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by L.ender shall be applied in the following order of priority: (a) interest �due under the Note; (b) principal ctue under the Note; (c) arnounts due under Sectian 3. Such payments shall be applied ta each Periodic Payment in the arder in which it became due. Any remaining aamounts shall be applied first ta late charges, second to any other amounts due under this Security Instrurnent, az�d then to reduce the principal balanc� of the Note. If Lender receives a payrnent from Borrower for a delinquent Periodic Payrnent which includes a suf�cient amount ta pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If rnore 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 payment is applied ta the full payment of one or more Periodic Payments, such excess rnay be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayrnent charges artd then as described in the Note. Any applicatian of payrnents, insurance proceeds, or Miscellaneaus Proceeds to principal due under the Note shall not extend ar postpone the due date, ar change the amount, of the Periodic Payments. 3. Funds For Escrow Items. Borrower shall pay to �ender on the day Periodic Payznents are due under the Note, until the Note is paid in fu11, a surn (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 encumbrance on the Property; (b) leas�hold 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 NfBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(ME11os�i1 Page4of 15 �nit�a�s: Form 302$ 9l07 � •�