Laserfiche WebLink
�01100378 <br />Pavrnents are dee�ned received bv Lender when received at the location desibnated in the Note or at such othes location <br />as may be de;igna�cd by Lender in accord�nce wi�ti the natice provisions in Section l5. Lender may return any payment or <br />pariial payment if rhe payment nr p i1lfl�] p2v171C11t5 are insufficie��t to hring tlze Ln�in current. Lender may accept any paymcnt. <br />or partitll paymcnt ulsufticicnt to bring the LOan curreni, w•ithout wai��cr of any rig,h[s hercundcr or prcjudice to its rights to <br />refuse such payment or �artial payments in the future, but Lcnder i; not obligated to appl}� such p�a}�ments at the time such <br />payments are acceptcd. if each Periodic Payment is applied as of its scheduled duc date, then Lender need not pay interest on <br />un��pplied fimds. I:ender inay hnld suclt un�pplied fiinds until Borrowcr makes payn7etats tn bring the Loan c��rrent. If <br />Borrowcr docs not do so within a rcasonablc period of time, Lcndcr sl�al] cithcr apply such funds or rctiu thcni to Borrowcr. If <br />not applied earlier, SL1Ct1 1�unds will he applicd to the outstanding F�rincipa] b�il��z�ce under the Note immediately prior to <br />foreclosure. No offset or claim which Borrower mibht ]�ave n.ow or in ihe future agau�st Let�der shall relieve Borrower from <br />inxki�ig paynicnls �lue tu�der tl�e Nnte �uid ll�is Securily luslri.inicnt nr perinnning lhc cnvenants and agreernen�s secured by <br />this 5ecurity lnstriuncnt. <br />2. Application of P;►yments or Proceed�. E�cept as otlacnuise described in this Section 2, all payments accepted and <br />a�plied by Lender shall be �ipplicd in tlie following order of prioiifv (a) iritcresl dtic iincler the Nnte; (b) prii�cipal due undcr tlie <br />Note; (c) amounts due «tider Section 3, Such payments shtill be applicd to each Periodic Payment in the order in �vhicl� it <br />becume due. My remaining amounks shall be applicd first to late charges, second fo any othcr runounts due under this <br />Scctu inslriunent and then to reduce the principal balance of ihe Note. <br />lf Lender receives a pa,ytnent trom Borrower for a dclinque�lt Pcriodic Payrnent which includes a sufficient amount to piy <br />any late charge due, thc payment may be applied to tt�e delinquent payment and the late charge. Il' more than one Periodic <br />P�ytncnt is ouistendin�;, Lcnder niay apply �u►y payment rcceived 1'rom Sorrower to the rcpayment of the Periodic Pavments if, <br />and to tlie estent. that, each payment c,m be paid .in full. To the extcnt that any cxcess exists after thc payment is ap�lied to the <br />f'ull payment of one or rnorc Yeriodic Paymenis, such exccss may be �pplied to any late charges duc. Volunt�ry prepayments <br />shaJl be applied lirst to az�y prepayn�ent charges and then as described inihe Note. <br />Any application ol' payments_ ins��raiice proceeds, or Miscclltu�eaus Proceeds to princip due cinaer lhe Note sh<il] nal <br />estcnd or postpone thc duc date, or chan�e the amount, of flie Pcriodic Payments. <br />3. Funds fur Escror�• iterns. Borrower sl�all pay to Lcnder on lhc day Periodic Pay[ncnts are duc under the Note, until the <br />Note is paid in fi�ll a sum (thc "Funds") to providc for payir�cnt of amo�.ints duc for: (a) taxcs and asscssments and other items <br />which caii att�in priority ovcr this Sccurity Instrumcnt as a licn or cnct�tnbrancc on thc Properry; (b) lcaschold paymcnts ar <br />groiuid rents an thc Property, if any; Ic) premiums for an}� and all instu�ance rct�iured by Lender under Section 5; and (d) <br />Morigdge Tnsurance prcicutuns if any, ar�my su«�s payable by Borrower ta Lend��r in lieu ol the payment of Mort�;�g� <br />Insurance prerniums in accorck�nce with the provisions of Section 1O. These itcros are c�alled "Escrow Items." At origination or <br />�t any timc during thc tcrm of thc Loan Lcndcr tndy rcquirc that Comi�zru�ity Association Ducs, Fces, and Assessments, if any, <br />be escrowed by Borrower, and such dues, fees a��d assessmenis shall be an Escrow Item. Borrower sl�all promptly furnish to <br />Lcnder all notices of arnounts to be paid under this Section. $orrower shall pa.y Lender the Funds for Escrow Items unless <br />Lender waives Borro�vcr's obligatinn to pay tl�e Funds for any or a.1lEscrow Items. Lcnder may waive Borrowcr's obli�ation tc� <br />pay to Lcndcr Funds for tiaay or all Escro�v Itcros at �u�y timc. Any such waivcr may only bc in �•nting. In the cvcnl of such <br />waiver, Borrower shall pay directly, when and where payable, the u�iounts due Por any Escro�v Items lor which payment of <br />Furids has bccn wai�ed by Lendcr �uid, if Lender recluires, shall fiunish to Lender rcceipts evidcncing suc}i payme��t within <br />such time period ay �.cnder may rcquire, Bnrrower's nbligation to make such payments and to pravide rcceipts shall for all <br />pllt'}7DSC5 be decmcd to bc a covcnant ��d a�rccment containcd in this Sccurity Instnunent, as lhc phrase "covenant uid <br />agreement" is used in Seciion 9. if Borro�ver is obligated to pay Escrow Items directly, pursuant to a waiver, and Borrower fails <br />to pay the amount due 1'or �m Escrow Item, Lcnder may cxercise its rights wider Section 9 and pay such amoimt and Borro�ver <br />sliall thec� be obligaied under Section 9 to repay to Lendcr aiay such a�a�otu�t. Lender nlay cevokc the �vai��er as to any or all <br />Escrow Itcros a1 any timc by i notice gicen in accordancc tivith Section l5 and, upon such revocation, Borrower shall pay to <br />Lender all Funds, �nd in such amounts, that are then rec{uired under ttus Section 3. <br />Leaider may, at any time, coll�ct and hold Funds in an anaount (a) sulficient to permit Lender ko apply the Funds at ihe time <br />spc;cified under ItESPA, and (b) not to exceed the maximum amount u lender cxr► require tuider RESPA. Lender shall cstimate <br />the atuounl of Funds due on the ��asis of currerYt dala ai7d reasan�ble estin�t�lcs of expenditta�es oF future Escrow Items or <br />otherwisc in accordance tivilh Applicablc Law. <br />NEBRASKA - Single Family - Pannie MaslFreddie Mac UKIFORM INSTRl1MENT <br />���pE) �os��� Page 4 of 1� <br />n <br />DU8-NL9 <br />./� <br />Fvrm 302$ 1101 <br />1 IIIIU I�il lllU I�fl Illllll lul IIII IIIII IIII! IIII! III� �Ill Illll IlII ill <br />QOOON�9667916 <br />