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201100375 THIS SECURITY INSTRUMENT combines uniform covenants for natianal use and nan-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real praperty. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and I,ate Charges. Borrower shall pay when due the principal af, 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. Payments due under the Note and this Security Instruznent shall be made in U.S. currency. However, if any check ar other instrument received by I..ender as paytnent under the Note or this Security Instrument is returned to I.ender unpaid, L.ender may require that any or all subsequent payments due under the Note and this Security Instrument be znade in one or more of the following forn�s, as selected by Lender: (a) cash; (b) money 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; or (d) Electronic Funds Transfer. Paynnents are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by L,Qnder in accordance with the notice provisions in Section 15. Lender rnay return any payment or partial payrnent if the payment or partial payments are insuf�cient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the L.oan 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 applied as af its scheduled due daCe, then L.ender need not pay interest an unapplied funds. L.ender may hold such unapplied funds until Borcower znakes payments to bring the Loan current. If Borrower does not do so within a reasonable periad of time, Lender shall either apply such funds or return them to Borrower. If.not applied earlier, such funds will be applied to the autstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Barrower might have now or in the future against Lender shall relieve Borrower frorn making payrnents due under the Note and this Security Instrument or performing the covenants and agreernents secured by this Security Instrument. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the following order of priority: (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 remaining amounts shall be applied �rst to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient arnount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If mare than one Periodic Payment is outstanding, I.ender may apply any payment received from $orrower 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 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 first 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 postpone the due date, or change the amount, of the Periodic Payments. 3. �nds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note, until the Nate is paid in full, a sum (the "Funds") to provide for payment af amounts due far: (a) taxes and assessments and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehald payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by I.,ender under Section 5; and (d) Mortgage Insurance NEBRASKA - Single Family - Fennie MaelFreddie Mac UNIFORM INSTRUMENT �-B�NE) los t t 1 Paae a of i 5 i��c�ais: � Form 3028 1/01 � �'��',�