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2a1ia0324 THIS SECURITY INSTRUMENT cornbines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and I.,ender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. $orrower 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 Che Note. Borrower shall also pay funds for Escrow Ite:tns pursuant to Section 3. Payrnents due under the Note and this Se�urity Instrument shall be rnade in. U.S. currency. However, if any check or other instrunnent received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payrnents due under the Note and this 3ecurity Instrument be znade in one or mare of the fallowing forms, as selecte�i by Lender: (a) cash; (b) maney order; (c) certi�ed 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; or (d) Electronic �'unds 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 I ender 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 rnay accept any payrnent or partia,l payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payrnent or partial payments in khe future, but Lender is not obligated to apply such payments at Che 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. I.end�r may hold such unapplied futids until Bonrower makes payments to bring the Laan current, if Borrower does not do so within a reasonable perioei of time, L.ender sha11 either apply such ft�nds or return thexn ta Bornawer. If not applied eazlier, such f�tnds will be applied to the outs�anding principat batance under ttie Note immediately prior to foreclosure. No offset or clairn which Bvrrower might have now ar in the futnre against Lex�er shaIl relieve Barrower froxn making payrnents d�e uncxer the Note and this Sectu�ty �Stnu�ertt or perfvrming the covenants and agreements secured by this Security l�t. 2. Application af At�s or Pirateetls. Except as atherwise described in this Section 2, alI paymerns a�ptec� a� a�pIiec� by L,e�sder shaIl be app[ied in the foliowing ar�er of priority: (a) interest due un�er the Note; (b) principal due under the Note; (c) amounts due tuader Section 3. 5uch payments shall be applied to each Periodic Faycxient in the order in which it became due. Aa�y remaining amaunts sha[I be applied first to late charges, second to any other amounts due ur�der this Seeurity Instnunent, and then to reduce the principal balance of tkie Note. If L,�nder receives a payment from Borrower for a delinquent Periodic Payrnent which includes a sufficient amount to pay any late chazge due, the payment may be applied to the delinquent payrnent and the late charge. If rnore than one Feriodic Payment is outstanding, Lender may apply any payrnent received from Bonower to the repayment af 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 to the full payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied �rst to any prepayment charges and then as described in the 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 Escxow Items. Borrawer shall pay to Lender on the day Periodic Payments axe 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 encumbrance on the Property; (b) leasehold payments or ground rents on the 1'roperty, if any; (c) premiums for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-s(N�) (0817) Page4af 15 _Initial ��r �. Form 3028 �/�7 / �� \ \ v