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THIS SECURTTY INSTRUME: covenants with lunited variations by ; property. UIVIFORM COVENANTS. Bor. 1. Payment of Principal, Int� Borrower shall pay when due the pri prepayment charges and late charges � pursuant to Section 3. Payments due currency. However, if any check or o Security Instrument is returned to Le� due under the Note and this 5ecuril selected by Lender: (a) cash; (b) � cashier's check, provided any such c federal agency, instrumentality, or ez Payments are deemed received t such other location as may be designa I ; combines uniform cov �diction to constitute a �r and Lender covenant t, Escrow Items, PrE yal of, and inter�st on, under the Note.',Borro� ler the Note and� this S ;r instrument recei ;r unpaid, Lender Instrument be m� iey order; (c) ce :ck is drawn upoi y; or (d) Electron Lender when rea i by Lender in acc in an Lender may return any payment or p rtial payment if the pay� bring the Loan current. Lender may ccept any payment,'or pa: current, without waiver of any rights hereunder or prejudice to payments in the future, but Lender i not obligated to apply su accepted. If each Periodic Payment is applied as of it� schei interest on unapplied funds. Lender may hold such unappliec bring the Loan current. If Borrower oes not do so withi;b a re� apply such funds or retum them to Bonower. If not applied outstanding principal balance under e Note irnmediate�y pric Borrower might have now or in the future against Lender sha due under the Note and this Securi Instrument or per�ormin this Security Instrument, ' 2. Application of Payments r Proteeds. Except as payments accepted and applied by nder sha11 be applied in due under the Note; (b) principal d e under the Note; ;(c) am shall be applied to each Periodic P ment in the order iin wh; shall be applied first to late charges, second to any other amoL then to reduce the principal balance f the Note. ff Lender receives a payment rom Borrower for', a deli sufficient amount to pay any late c rge due, the payment ma the late charge. If more than one Pe 'odic Payment is outstand'v from Borrower to the repayment of e Periodic Payme�ts if, paid in full. To the extent that any xcess exists after t1�e pay more Periodic Payments, such exce s may be applied to''-any la be applied first to any prepayment c rges and then as �escri Any application of payments, urance proceeds,! or M' the Note shall not extend or postpo e the due date, or c�ange 3. Funds for Escrow Items. orrower shall pay, to Le under the Note, until the Note is p'd in full, a sum (t.�e "F � for: (a) taxes and assessments and ther items which c�n atta' lien or encumbrance on the Prope ;(b) leasehold payiments � premiums for any and all insuran e required by Lender un NEBRASKA - Single Family - Fannie �� 6(NE) ioei i � 'Freddie Mac UNIFORM INS' Page 4 of, 16 2 0110 2'7 9'7 for national use and non-uniform i security instrument covering real �nd gree as follows: pay ent Charges, and Late Charges. the ebt evidenced by the Note and any �er s all also pay funds for Escrow Items ;cur ty Instrument shall be made in U.5. Len er as payment under the Note or this �uir that any or all subsequent payments �ne r more of the following forms, as ;hec , bank check, treasurer's check or titu ion whose deposits are insured by a the location designated in the Note or at : wi the notice provisions in 5ection 15. ;nt r partial payments are insufficient to al yment insufficient to bring the Loan s ri hts to refuse such payment or partial i p ments at the time such payments are led due date, then Lender need not pay s until Bonower makes payments to �na le period of time, Lender shall either 3r1' r, such funds will be applied to the to oreclosure. No offset or claim which rel eve Borrower from making payments the covenants and agreements secured by vise described in this Section 2, ail llowing order of priority: (a) interest due under Section 3. Such payments became due. Any remaining amounts ie under this Security Instrument, and �ue t Periodic Payment which includes a be applied to the delinquent payment and ;, nder may apply any payment received ui o the extent that, each payment can be nt s apglied to the full payment of one or c rges due. Volunta.ry prepayments shall ' the Note. ell neous Proceeds to principal due under � a ount, of the Periodic Payments. er on the day Periodic Payments are due ") to provide for payment of amounts due p' riry over this Security Instrument as a g ound rents on the Property, if any; (c) r ection 5; and (d) Mortgage Insurance i m+t�eis: � . � Form 3028 1 /01 I' �