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�o�iu�� THIS SECURITY INSTItUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument 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. Bonower sha11 also pay funds for Escrow Items puzsuant to Section 3. Payments due undez the Note and this Security Instrument shall be made in U.S. cu.trency. However, if any check or other instrument received by Lender as payment under the Note or this Securiry Instnunent is returned to Lender unpaid, Lender ma.y require that any or all subse�uent payments due under the Note and this Security Insm�ment be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank 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, instrumentatity, or entity; or (d) Electronic Funds Transfer. Payments are de,�med receivec� by Lender when received at the location designated in the Note or at sucfi other Iocafion as may be desigYtated by Lender in accordance with the notice provisions in Section 15. Lender may retum any payment or partiat payment if the payment or gartiaY payments are insufficient to bring the Loan current. I ender may accept any payment or parti�I payment insufficient to hring the Loan cunent, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in Yhe future, bat Lender is not obligated to apply such payments at the time such payments are accepted. If each Pericntic Paym�ent is applied as of its scheduted due ciate, then I.ender nced not gay interest aa uaapp�ied fe�nds. �er may hoid such uuapplied itwds ua�ti.� �rrower matces payments to bring tbe � cua�e�t. If Borrower d� nat da so within a reasona�Ie period of time, Lender shalt either apply sc�cla. fim�s a�s re�cn t� tv �o�tower. If no� �ppliea� eaxlier, such funds will be applied to the autst�ac�ag ��ralane.e r,�es t�e Note immediately prior to foreclosure. No offset or claim which Borrower migt�t h�re novv �s in t�e ftatvre against Lender shall reIieve Borrower from making payments due urider tite l�o�x; � this Sec�ri�y �n,strument or performing the covenants and agreements secured by this Se�ttity InstrunQent. 2. Applieation of Paymea�ts or Proceeds. Fxcept as otherwise described in this Section 2, all paym�ents �t�. �c� a�g�. by �c4er shall be agplied in the following order of priority: (a) interest d�re tuidea tfie Note; �6) pri�ecip�I due �er the Note; (c) a�s►ounts due under Section 3. Such payments shali � applied tor eacfi Periodic Pa.yment in the order in which it became due. Any remaining amvunts shall he apglieci fisst to Iate cbarges, second to any other amounts due under this Security Instrument, and then to reduce the principat baI� of the Note. If Len�er receives a payment from Borrower for a delinquent Periodic Payment wluch includes a suffieient amount to pay any Iate chazge 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 Bonower to the repayment of the Periodic Payments if, and to the extent that, each payment can be gaid in full. To the extent that any excess elcists after the payment is applied to the fuli payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment chazges 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 cha.nge the amount, of the Periodic Payments. 3. Funds for Escrow Items. Borrower sha11 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 payment of amounts due for: (a) taxes and assessments and other items which can atCain priority over this Security Instrument as a lien or encumbrance on the Pzoperty; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any a.nd all insurance required by Lender under 5ecrion 5; and (d) Mortgage Insurauce NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMEN7 �-6(NE) (oa� i) Page 4 of 15 �nitials: Form 3028 1/01 0 �� .. � �a