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20110278� <br />THIS SECURITY INSTRU <br />covenants with limited variations <br />NT combines uniform c <br />jurisdiction to constitute <br />property. I <br />LINIFORM COVENAN'TS. Bo ower and Lender covena <br />1. Payment of Principal, In erest, Escrow Items, P <br />Borrower shall pay when due the p'ncipal of, and interest o <br />prepayment charges and late charge due under the Note. Borr <br />pursuant to Section 3. Payments du under the Note and this � <br />currency. However, if any check or ther instrument received � <br />Security Instrument is returned to L nder unpaid, Lender may <br />due under the Note and this Sec 'ty Instrument be made i� <br />selected by Lender: (a) cash; (b) oney order; (c) certifie <br />cashier's check, provided any such check is drawn upon an t <br />federal agency, instnimentality, or e tity; or (d) Electronic F <br />Payments are deemed received by Lender when received <br />such other location as may be desi ted by Lender in accorda <br />Lender may return any payment or artial payment if the pa <br />bring the Loan current. Lender ma accept any payment or p <br />current, without waiver of any right hereunder or prejudice t <br />payments in the future, but Lender s not obligated to apply s <br />accepted. If each Periodic Paymen is applied as of its sche <br />interest on unapplied funds. Lende may hold such unapplie <br />bring the Loan current. If Borrower does not do so within a r a <br />apply such fiwds or return them t Borrower. If not applie <br />outstanding principal balance under the Note immediately pri <br />Borrower might have now or in th future against Lender sh 1 <br />due under the Note and this Securi y Instrument or performi g <br />this Security Instrument. <br />for national use and non-uniform <br />i security instnunent covering real <br />I agree as follows: <br />�ment Charges, and Late Charges. <br />debt evidenced by the Note and any <br />shall also pay funds for Escrow Items <br />rity Instrument shall be made in U.S. <br />ider as payment under the Note or this <br />re that any or all subsequent payments <br />or more of the following forms, as <br />;k, bank check, treasurer's check or <br />tion whose deposits are insured by a <br />at t location designated in the Note or at <br />ce ith the notice provisions in Section 15_ <br />ent or partial payments are insufficient to <br />ial ayment insufficient to bring the Loan <br />its 'ghts to refuse such payment or partial <br />ch ayments at the time such payments are <br />ule due date, then Lender need not pay <br />ds until Borrower makes payments to <br />son ble period of time, Lender shall either <br />ear ier, such funds will be applied to the <br />r to foreclosure. No offset or claim which <br />1 re ieve Borrower from making paytnents <br />th covenants and agreements secured by <br />Z. Application of Payments or Proceeds. Except as oth <br />payments accepted and applied by ender shall be applied in the <br />due under the Note; (b) principal ue under the Note; (c) a ow <br />shall be applied to each Periodic P yment in the order in wl��ich <br />shall be applied first to late charge second to any other amo ts <br />then to reduce the principal balance of the Note. <br />If Lender receives a payment &om Borrower for a dei nqu <br />sufficient amount to pay any late c arge due, the payment m y b� <br />the late charge. If more than one Pe 'odic Payment is outstand ng, <br />from Borrower to the repayment o the Periodic Payments if, and <br />paid itt full. To the extent that any xcess exists after the pa ent <br />more Periodic Payments, such exce s may be applied to any 1 te c] <br />be applied first to any prepayment harges and then as descri d i� <br />Any application of payments, insurance proceeds, or M sc <br />the Note shall not extend or postpo e the due date, or change he <br />3. Funds for Escrow Items. Borrower shall pay to L d <br />under the Note, until the Note is p id in full, a sum (the "F ds <br />for: (a) taxes and assessments and ther items which can atta n � <br />lien or encumbrance on the Prope ;(b) leasehold payments or <br />premiums for any and all insuran e required by Lender un e� <br />vise described in this Section 2, all <br />�llowing order of priority: (a) interest <br />due under Section 3. Such payments <br />became due. Any remaining amounts <br />�e under this Security Instnunent, and <br />nt Periodic Payment which includes a <br />applied to the delinquent payment and <br />.ender may apply any payment received <br />to the extent that, each payment can be <br />is applied to the full payment of one or <br />arges due. Voluntary prepayments shall <br />the Note. <br />el neous Proceeds to principal due under <br />: a ount, of the Periodic Payments. <br />er on the day Periodic Payments are due <br />") to provide for paytnent of amounts due <br />� ority over this Security Instnunent as a <br />g ound rents on the Property, if any; (c) <br />• ection 5; and (d) Mortgage Insurance <br />NEBRASKA- Single Family - FannieMa�/Freddie Mac UNIFORM INS�RUAI�ENT <br />�-6(NE)�os��� Page4of15 I Initials: � Form3028 1/01 <br />