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2011U27�� THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrtunent covering 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 sha11 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. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received by L.ender as payment under the Note or this Security Jnstrument is returned to Lender unpaid, Lender may require that any or a11 subsequent payments due under the Note and this Security Instrument be macte in one or mare of the following forms, as selected by Lender: (a) cash; (b) mot�ey order; Qc} certified check, baak eheck, treasurer's check or cashier's check, provided any such check is drawn upon an institurion whose deposits are insured by a federal agency, instnunentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed receiveci by Lender when r�eived at the Iocation designatect in the Note or at such other lacation as may be designated by Lender in accordance with the notice provisions in Section 15. Lender rnay retnrn any payment or partial payment if the payment or partiai pay�rrents are insufficient to bring the Loan current_ Leizder may accept any pa�ment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refi�se such payment or partiat payments in �he f�tu.re, but Lender is riot obiigated to appiy such paynments at the tirr� such payments are accepted. If e�h Perio�€ic Paymesit is app�ied as :of its scheduled dve c�ate, theg Lender need nvt pay �erest an �Iied fu�fs. Lender may �Id such uriagglied f�s u�i� Bc>rrawer r�kes payments to bring the LQan c�rre�ct. If �3crrmwer �Oes � cto so' within a reasanable period af t�, I.ender shatl either agpIy suc�t f�s or retura them to Barrawer. If not applied e�ier, s� fut�s will be applied ta the outsta�xi�ag Frincipal batac�ce under the l�ote i�iatety p�ior to forer��. No offset or claim wtcich Borrower �ght have now or iu the future agai�s[ I.enc�r shall relieve &xrrower fram rnatcing payments due un�er the riote ar� this Seaariry Instr�ueent oc performing tl�e covenartts and agreements secured by this Sectirity Instr�ment. 2. Appticatwr► of Payments or Procee�s. ERCept as otherwise described in this Section 2, aIi payments aoeepted and app�ied by L.e�der shalt be �p2ied in the foilowing order af priority: (a) interest due ut�er tt�e Note; (b} prir�ipat c�ue �er the ivTote; (cJ amounts due �er Section 3. Such payments shall be applie� to e�eh Pericxiic Payment in tke prder in wthiich it becan�e due. Any remaining �nc�unts shatl be applied f rsE to IaEe ch�r�es, second ta any otfier amvunts clue vn�er this Security Instnlment, and then to reduce the principai balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any Iate charge due, the payment may be apgtied t� the delinquent payment and the Iate charge. If more than one Period'zc Payment is ontstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the eatent that, each payment can be gaid in full. To the extent that any excess exists after the payment is applied to the full payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voiuntary prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note sha11 not extend or,postpone the due date, or change the amount, of the Periodic Payments. 3. Funds for Escrow Items. $orrower shall pay to Lender on the day Periodic Payments are due under the Note, unril the Note is paid in full, a sum (the "Funds") to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain priority over this Security 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 M1IEBRASKA - Single Family - Fannie Mae/Freddie Mac 11NIFORM INSTRUMENT �-6(NE) ioa�� Page4of 15 �nitia�s: Form 3028 1/01 m G � � ��