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2�11U0457 BC7RROWF,R COVF.NANTS that Borrower is lawfully seised of the estate k�ereby conveyed and has the right to grant and convey �e Yroperty and that the Property is unencumbexed, except f�r encumbrances of record_ Borrower warrants and will d�fend generally the title to ttie Proper .ty against all claims a��d dematlds, subject to any encunabrances of record. THIS SFCiJRITY INSTRUMEN�' combines unr['orrn covcnants for national use �d non-uniforzn cavenanis wit,�. limited variations by jurisdiction to constitute a uniform secwnity instrumEnt covering real property. UNIFORM C�VF'NANTS. Borrower and Lender covcnant and agrce as follows: 1. �ayment of Principal, Tnterest, Escrow ICenas, �repayment Charges, and Late Charges. 13orrower shall pay when due the principal vf, and interest vn, the debt evidenced by the Note and any prepayment chaz an.d late chazges due under the Note. Borrower shall also pay funds faz' �scrow Ttems pursuant to Section 3. Payzzzents due under the Note and this Security Instrument sha11 be made in U.S_ cuz•rency. However, i.f any cbeck or other instnunent received by Lendcr as payxxzent under the Note or this Security Jrnstruxne�n.t is retu� to I�ende�r unpaid, Lender may requirc that any ar all subsequent paymei�ts due under the N�te and this Security Instrumenl be made in one or znore of tbe �ollawing forms, as selec:led by Lender: (a} cash; (6) mc�ney order; {c) ��rea check, bank check, treasurer's check or cashier's checic, pravided mny suc� check is dx upoza an. unstat��tion whose deposits are insured by a �edez�al agen,cy, unstz or enrity; or (d) �Iectz'onic Punds Transfer. Payments are deemed received by Lender when received at the location designated in the IYote or at such other location as may be designated by Lender in aecordance with The notice proviszons in Section 15. Lender rnay return an�y payment or partial pa�nent if the payment or partiai payments are insufficient to bring the Loan current. Lender may accept any paymem or partial payment insuf�cient tv bring the Loat� current, without waiver of any rights hereundel' or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not ohligated to apply such payments at the tiz�ae such payzneuts are accepted. If each Periodic Pay.me:nt is applied as of its scheduled due date, then Lender need not pay interest on unapplierl funds. Lender znay hold such unapplied funds until Borrower makes payment to bring the Loan current_ If Borrower dnes not do so wiThin a reasonable period of time, Lender shall either apply such fiands or return tbem to Borrower. If nvt appliad carlier, such fimds will be applied to tk�e outstandin� prin�cipal balance under the Note imnnediately prior to forecl�sure. No o£fset or claim wY►ich Borrower r�.igk�t have now or in the futurc against Lender shall reIieve I3orrower from making payz�aaents due under the Note and this Security Ins�ument or performing the �ovenants and a�eements sectued by this Security Instrument_ 2. Application of Payments or Proceeds. Except as otherwise describcd in this Sectipn 2, all payments accepted and applied by Lender shall be applied in the following order of priority: (a) rnterest due under the Note; (b) priucipal due under the Note; (c) arnounts due under Sectzon. 3. Such payments shall be applied to eacki �eiriodic �aynaez►t zn the order in which it becazn.e due. Any xe�aining amounts shall be applied fust to lata charges, second to any other amounts due under this Security Inst�rument, and then to reduce the principal balance o� the Nota. If Lender receives a paym.ent £rom 13orrower for a delinquent Periodic Payment which includes a sufficicnt amount to pay any late charge due, the payment may be applied to the deIinquent payment and the late charge. If zno:re than one Periodic Payment is outstanding, Lender may apply any paymeni received from Sorrower to the repayment of the Periodic Payments if, and to the extent that, each payxnent cAn be paid in full. To the extent that any excess exists after tk�e payrr►ent is applied to the full paymcnt of one ar more Periodic Payments, such excess may be applied to any late charges due. Vnluntary prepayrnents shall be applied first to any prepayment charges and tben as descxibed iuz tlxe Note. Aliy application of payments, insurancc procceds, or Miscellaneous Procecds to principal due tuider the Note shall not extend or postponc thc duc dato, or change the amount, of the Periodic Payments. 3. �nds For Escrow �tems. Borrower shall pay to Lender on iha day Periodic Payt�a.en.ts are due under the Note, uutil the Note is paid in fu11, a sum (the "'Funds") ta provide for payment of amounts due far: {a) taxes and assessments and other items which cnn attain priority over this Security Insmunent as a lien �r encumbrance on the Praperty; (b) ieasahold payments or ground rents on the Froperty, if any; (c) premiums �'or any and alI insurance required by Lender under Section 5; and (d) Mortgage Tnsuxance 7111334509 NEBRASKA - SiRgle Family - Fannis MaelFraddie Mac 11NI�ORM INSTRUMENT WITH S .., � ,/ �-6A(NE) (oeto� Page 4 af 15 Initials: � /(/ Form 3028 1101