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��i10d4�0 THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covexing real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment oF Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payrnents due under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received by Lender as paymenC under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrurnent be rnade in one or rnore of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank 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 L.ender when received at the location designated in the Note or at such other location as may be designated by Lender in accardance with the notice provisions in Section 15. Lender may retum any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring 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 L.ender is not abligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then L.ender need not pay interest on unapplied funds. L.ender znay hold such unapplied funds until Borrower makes payments to bring the Loan current. If Borrower does not do so within a reasonable period of time, L.ender shall either apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower frorn making payrnents due under the Note and this Security Instrument or performing the covenants and agreernents secured by this Security Instrument, 2. Application of �'ayments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by L.ender sha11 be applied in the following order of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amaunts due under 5ection 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any remaining amounts shall be applied �rst to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment frorn Borrower for a delinquent Periodic Payment which includes a suf�cient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the axtent that any excess exists after the payment is applied to the full payrnent of one or more Peariodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment chairges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date, or change the arnount, of the Periodic Payments. 3, Funds far Escrow Items, Barrower sha11 pay to Lender an the day Periodic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds") to provide for payrnent of art�ounts due for: (a) taxes and assessments and ather items which can attain priority over this Security Instrurnent as a lien or encumbrance on the Property; (b) leasehold payments 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 NEBRASKA - Single Family - Fannie MaelPreddie Mac UNIFQRM INS7qUMENT �-6�NE) 1o8t t1 Page 4 of 15 i��c�ais: __ Form 3028 1/01 m