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2oi�oo4o� '1'�IIS SECURI'rY INSTRUMENI` combines uniform covenants for national usc and non-uniform covenants with liniited variations by jurisdiction to constitute a unifarm security instrurnent covering real property. iJNIFORM COVENAN'1'S. Borr�wcr and L.ender covenanl and agree as follows: 1. Payment of Principal, Interetit, Escrow Items, Pr�ps�yment Charges, and Late Charges. Sorrawer shall pay when due the principal of, and interest c�n, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrowcr shall also pay funds far Escrow Items pursuank to Section 3. Payments due undcr the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrumcnt received by T.endcr as payment under the Nc�te or this Security Instrument is returned to Lender unpaid, I.ender ivay reyuire fhat any or all subsequc;nt payments due under the Notc and this Security Instrument be made in an� or more of the fallpwing forms, as selected by T.,ender: (a) cash; (b) mnney order; (c) certified ch�c:k, bank check, tr�asurer's check or cashier's check, provided any such check is drawn upon an institution whose dc:p�sits are insured by a federal agency, insCrumentality, or untity; or (d) Electronic Punds Transfer. Payments are deemed r�:ce'rved by Lender whcn rr:ceived at the location designated in the Note or at such other location as may bc designated by Lender in accordance with the noticc provisions in �ection 15. T.ender may return any payment or partial paymcnt if the payment or partial payments are insufficicnt ta bring lhe Loan currenl. Lender may accept any payment or partial paym�:nt insufficient to bring the Loan current, without waiver of any rights hereunder ar prejudice to its ri�hts to refuse such payment or partial payments in the fulure, but Lender is not obligated to apply such payments at the tima such payments are accepted. Tf each Pcriodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. T.ender may hold such unapplicd t'unds until Borrower makes payrnents to bring the Loan current. If Borrower does nol da so within a reasonable period of time, L.ender shall cikher apply such funds or return them to Bnrr�wer. If not applied earlier, su�h funds will bc applied ta the outstanding principal balance under the NoCc immediately prior to forccic�sure. No offset or claim which Borrower might have now or in the future against Lender shall relievc 13c�rrower from making paymenta due under the Nal4 and this Security Instrument or performing khe covenants and agreements sccured by this Security Instrument. 2. Application of Payments or Proceeds. I:xcc:pt as otherwise describcd in this Section 2, all payments accepted and applied by L.ender shall be applicd in the following order c>f priority: (a) interest duc under the Note; (b) principal due under thc Note; (c) amounts due undr:r Section 3. 5uch payments shall be applied to each Peric�dic Payment in the order in which it becaine due. Any remaining amounts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reducc the principal balancc: af the Note. If T.ender reccives a payment from 13orrnwer tor a delinquent P�riodic Payment which includes a sufficient amount lo pay any late chargG due, the payment may be applicd to the delinquent paymenk and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from T3orrower to the repayment of the Periodic Payments if, and Cv the extent that, each paymunt can be paid in full. To the extenl that any excess exists after the payment is applied to the full payrnent of one or more Periodic Yaymc:ncs, snch excess may be a�pli�d to any late charges due. Vc�luntary prepayments shall be applied first to any prepayment charges and then as described in the Notc. Any application of payments, insurancc: praceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the duc: date, or change the amount, of the Periodic Payments. 3. Funcl.s Far Escrow Items. B�rrower shall pay to Lender on lhe day Periodic Payments are duc 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 Ins[rument as a lien or encumbrance on the Yroperty; (b) lcaseh�ld p�yments or ground rents on the Fraperty, if any; (c) premiums far any and all insurance rcquir�d by Lender under Section 5; and (d) Mortgage Insurance NEBRA5KA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT �-6�NE► los� t 1 Page 4 pf 16 Initials: �_ FOI'm 3028 1�01 �, �►�. "`