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20��0047� THiS SECt7RiTY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with lin�ited variations by jurisdiction to constitute a uniform security instrument covering real property. CINTFORM COVENANTS. Borrower and Lender covenant and agree as follows: l. Pay�nent of Principal, Ynterest, Escrow Items, I'repayment Char�es, and Late Char�es. Borrower shall p�y when due the principal of, and interest on, the deht evidenced hy the Note and any prepayment charges and late charges due undcr the Note. Borrower shall also pay funds for �scrow [tems pursuant to Section 3. Payments duc under the Note and this Security Instrumen� shall be made in U.S. currency. However, if any check or other instrument received by Lender as payn�ent under the Note or t.his Security Instrument is returned to Lender unpaid, Lender may require that any or all suhsequent 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 ordcr; (c) certificd check, hank check, trcasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposifs are insured by a federal age��cy, ii�strumentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received Uy Lender when received at thc location designated in the Note or at such other location as �nay be designated by Lender in accordance with the notice provisions in Section 15. Lender m�ty return .uay payment or partial payment if thc payment or partial paymcnts are insufficient ro bring the Loan current. I.,e��der may accept any paymen� or partial payment insufficient to bring the Loan current, witho�a waiver of any rights hereunder or prejudice to its rights to reti�se such payment or partial payments in the fut�.ire, but I.�ender is n�t obligated to apply such payments at the time such paymcnts arc accepted. If each Periodic Payment is applied as of its scheduled due dake, then C�ender need not pay interest on unapplicd itmds. Lender may hold such wiapplied funds unfil Rorrower �nakes payments to bring the Loan currcnt. If Borrower docs not do so within a reasonable period of tii��e, Lender shall either apply such funds or return them tn Borrower. If not applied e�trlier, such funds will be �.ipplied to the outstanding principal balance under the Note imniediately prior tc� (�oreclosure. No offset or claim which Borrower might have now or in the future against Lender sl�all relieve $orrower from inaking pay«�ents due under the Note and this 5ecurity Instrument or perforn�iqg the covenants and agreements secured by tl�is Security Instrun�ent. 2. Application of 1'ayments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applicd in thc following order of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amounis due undcr Seccion 3. Such payanents shall be �pplied to cach Periodic Payment in the order in which it hecarne duc. Ariy remaining amounts shall be applied tirsr to late charges, second to any other amounts duc �rnder this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinqucnt Pcriodic Payment which includes a suf�cient amouzit. to pay any late charge due, thc �aymcnt may bc applicd to thc delinqucnt payment and the late charge. If more than one Periodic Payment is outstanding, Ler�der niay apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extenl tha�, each payn�enc can be paici in full. To the �:xtent that any cxccss cxisis after the payment is applied to the full payment of one or more Periodic Paym�nts, such excess may be applied to any late charges due. Volu�atary ��repaynients shall be applied first to any prepaynlcnt chargcs and then as described in the Note_ Any application of payn�ents, insurance pr��ceeds, or Miscellaa�eous Proceeds to principal due under the Note shall not cxtcnd or postpone the due date, or ch�.tnge the amaunt, cyf t.he Periociic Paymeaits. 3. Funds for I?scrow Iiems. Borrower shall pay to I,ender on the day Periodic P�tya��ents are due under the Note, until thc Note is paid in full, a sum (the "F�.inds") lo provide for payment C�f amounts due for: (a) [axes and astiessments and other ilems whid� caz� a[taiia priority ove� tliis Security Instrument as a lien or encumbrance on thc Prc�perry; (b) leasehold payments or ground rents on the Praperty, if any; (c) premiunis for any �u�d all insurance required by Lender under Section 5; and (d) Mortgage lnsurance N�BRASKA - 5ingle F�mily - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-61NE11oaitf P�ge4nt15 i„�i�ais: Fprm3028 9/01 � � ��; � G � �- �