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201iU0482 THIS SECURITY INSTRUMENT combines uniform covenants for national use and nan-unifortn cavenants with limited variatians by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and I.ender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayrnent Charges, and Late Charges. $orrower 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 ICems pursuant to Section 3. Payments due under the Note and this Security Instrurnent shall be made in U.S. currency. However, if any check or other instrument received by Lender as payment under the Note vr this Security Instrument is returned to L.ender unpaid, Lender may require that any or all subsequent payments due under the Note and this $ecurity Tnstnunent be made in one or more of the fallowing forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bazilc 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 Not� or at such ather 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 payrnents are insufficient to bring th� Loan current. L.ender may accept any payment or partial payment insufFcient to bring the T.,oan current, withouk waiver af any rights hereunder or prejudice to its rights to refuse such payrnent or partial payznents in che future, but Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic PaymenC is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hald such unapplied funds until Borrower makes payments to bring the Loan curcent. If Borrower does not do so within a reasonable periad of time, Lender sha11 either apply suc.[i fuz�ds or rettcxxx t,hem to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note irnmediately prior to foreclosure. Na affset or claim which Borrower might have now or in the future against Lender shall relieve Borrower from makixig payments c�ue under t� Nate ar�d this �urity I�tunent or perfornung the covenarsts and agreements sectiued by this Security Instruxnent. 2. Applwcation oi Pa►y� o�t Proceeds. Exc�pt as otberwise described in this Section 2, all payrr�:nts accept�d and appIied by �r st�all be applied in the following order vf priority: (a) interest due tuuter the Nate; (b) principaT c�ue under the Note; (c) amor.uits due under Section 3. Such payments shall be applied to each Periaiic Payrnent in the order in which it became due. Any remaining amounts shall be applied first to late chazges, 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 from Borrower for a delinquent Periodic Payment which includes a sufficient 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 repayr►�ent of Che Periodic Payments if, and to the ext�nt that, each payment can be paid in full. To the extent that any excess exists after the payment is applied ta the full payment of one or more Periodic Payrnents, such excess may be applied to any late charges due. Voluntary prepaym�nts shall be applied first to any prepayrnent charges and then as described in the Note. Any application of payrnents, insurance praceeds, 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 for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds") to provide for payrcxent of aimounts due for: (a) taxes and assessments and other items which can attain priority over this Secur�ty Instrument 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 - 5ingle Family - Fannie Mae/Preddie Mac UNIFQRM INSTRUMENT /�� - �-fi1NE) (08t i 1 Page a ot t 5 initials: ��%'F�O�� Form 3028 1/01 � /