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2oiioo3g3 THIS SECURITY INSTRUMENT cnmbines uniform covenancs for national use and non-uniform covenants with limited variationti by jurisdiction to con,titute a uniform security instrument covering real property. LTNIFORM GOVENANTS. Borrower and Lender cavenant and agree as follows: 1. Pa,yment of Principal, Interest, Escrow Tteams, Prepayrnent Char�es, and Late Charges. Barrawer shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayrn�nt charges and late charges due under tkae Note. Borrower ahal] also pay fund5 for Eacro�� Items pursuant to Section 3. Payrnents due under the Nate and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received by Lender a� payment under the Note pr thi� Security Instrument is returned to Lender unpaid, Lender may require that any ar all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, banlc 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. Payments are deemed received by Lender when received at the location designated in the Note or at. such other location as may be designated by Lender in accordance with the notice provisions in 5ection 1 S. Lender may return any payment or partial paymcnt if the payment pr partial payments are inaufficient to bring the Loan current. Lender may accept any payrnent or partial payment insufficient to brin� 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 obli�ated to apply such payments at the time such payments are accepted. lf each Periodic Fayment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payments to bring the Loan current. If Borrower does not do sa within a reasonable period of time, Lender shal] eiCher apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to tlle outstanding principal balance under the Note imrnediately prior to foreclosure. No offset or claun which Borrower might have now or in the future against Lender shall relieve Borrower from rnaking payments due under tlie Note and this Security Instrument or perf'orminb the cov�nants and agreements secured by this Security InStrument. 2. Application of Payments or Pra¢eeds. Except as otherwise described 'ua 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 paymenta shall be applied to each Periodic Payrnent in the order in which it became due. Any remaining amounts shall be applied firsi to late charges, secpnd to any other ampunts due under this Security Instrument, and then to reduce the principal balance of the Npte. If Lender receives a payment from Bprrawer for a delinquent Perindic Payment which includes a sufficient amount ta pay any late char�e due, the payrzaent znay be applied to the delinquent payment and the late charge. If more than pne Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayrcaent 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 Peraodic 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 Froceeds to principal due under the Note shall not extend or postpone the due date, or change the amount, of the 1'eriodic Payments. 3. Funds for Escrow Items. Borrower shall pay to Lender on the day Feriodic Fayments 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 priority over this Security Instxument as a lien or encumbrance on the Property; (b) leasehold payrn�nts 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 231043 N�BRASKA - Single Family - Fannie M ae/Freddie M ac UNIFORM INSTRUM ENT �-6(NE��oBtt) Page4of15 in�t�ai5: Form3028 �101 �