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BORROWER COVENANI`S that Borrower is lawfully seised of the right to grant and convey the Property and that the Property is uner of record. Borrower warrants and will defend generally the title to demands, subject to any encumbrances of recaard. the the s •,� � f �� 20�.102�68 � i � te hereby conveyed and has �be ed, except for encumbrances Pr erty against all claims and THIS SECURITY INSTRUMENT combines uniform covenants for r. covenants with limited variatians by jurisdiction to constitute a uniform sec� propeny. UNFFORM C�VENANTS. Borrowsr and Lender covenaat and agree as 1. Payment of Prind�pal, In�rest, Escrow Items, Prepayment C! Borrower shall pay when due the prineipal af, and interest on, the debt ev: prepayment charges and Iate chazges due under the Note. Sonower shail ats� pursuant to Section 3. Payments due e2nder the Note and this Security Instr currency. However, if any check or other instrument received by Lender as p; Security Instrument is returned to Lender unpaid, I.ender may rec�uire that an due under the Note and this Sacurity Instrumeat be made in oae or morE selected by Lender. (a} cash; (b) monep arder; {c) certified check, bank cashier's checlr, provided any such cheGk is drawn upon an institution whc federal agency, instruimentality, or entiry; or (d) Eteccronic Funds Transfer. Payments aze deemed received by Lender when recEived at the location such other Iocation as may be designated by Lender in aaoardaace with the no Lender may rehun any payment or partial payment if the payment or paxtial bring the Loan current. Lender may aocept any payment or partial paymer�� i current, without waiver of any rights hereunder or prejudice to its rights to r payments in the future, but Lender is not obligated to apply such payments ac�epte@. Lf each Periodic Payment is applied as of its scheduled due dat interest on unapplied funds. Lender may hoid such unapplied funds until Borr the Loan c�zrren�. If Borrower doea not do so within a reasoaable periad of ' such funds or return them ta Borrawer. If not app�ied earlier, svch funds will principal baIance undex the Note immediately priox to foreclosure. No off might have now or in the future against Lender shall relieve Borrower fro the Note and this Secvniry Instrvmment or perfozming the aovenants and agree �nscrument. �al use and nan-unifoxm instru�ment oovering reat �arges, and Late Charges. ienced by the Note and any pay funds for F.scxow Item�s �ment shall be made in U. S. yment under the Note or this � or ali subsequent payments of the foliowing forms, as check, treasurer's check or �e deposits are insured by a ! designated in the Note or at �ice provisions in Se�ion 15. payments are insnfficient to nsufficient to bring the Loan �fuse such payment or partial t the rime such payments aze �, then Lender neeil not pay �wer makes payment to bring �ne, Lender shall either appty be applied to the outstanding et or claim which Bonower ma�ng payments due under tents secwed by this Sectuity 2. Application of Payments or Proceeds. Exc�pt as otherwise des�ribed in this Seaion 2, all payments acoepted and applied by Lender shall be applied in the fotlowing rder of priority: (a) interest due under the Note; (b} principal due under the 1Vote; (c) amaunts due un Se�tion 3. Suc� payme�nts shat2 be applied to each Periodic Payment in the order in which it bec�me ue. Any remaining amounts shall be applied first to late charges, second W any other amouats due under this Security Instrumexit, and then to reduce tha principal balance of the Na#e. If L.ander receives a payment from Horrower for a delinquent Penia sufficient amount to pay any late charge due, the payment may be applied the late charge. If more than one �'eriodic Payment is outstanding, Lender m from Borrower to the repaytnent of the Peniodic Payments if, and to the ex paid in full. To the extent that any excess exists after the paymeat is appliec more Periodic Payments, such extess may be applied to any late chazges due be applied first to any prepayment charges and then as described in the Note. Any application of payments, ins�rance proceeds, or Miscellaneaus Pi the Note stiatl not extend or postpone the due date, or change ihe amount, of 3. Fnnds for Escivw I#ems. Borrower shall pay to Lender on the d under the Note, until the Nofe is paid in full, a sum (the "Futids"j to provic for: (a) taxes and assessments and other items which can attain priority oZ� lien or encumbrance on the Property; (b) leasebald payments or ground ren premiums for any aad all insurance rec�uired by Lender under Section 5; c Payment which includ� a the delinquent payment and � apply any payment received nt that, each payment can be :o the full payment of one or Voluntary ptepayments shatl �ceeds to principal due under he Persodic Payments. y Periodic Payments aze due for' payment of amounts dus this Security Instruznent as a � on the Propert}', if �Y; (c) and (d) Mortgage Insurance il-01-000005 NEBRASKA - Single Family - Fannie INaolFreddie Mac UNIFORM INStRUUfENT WITFI MERS �6A(NE� roa�o) Paoea otTS fnn�a�s: �� frorm 3028 i%01