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2011033�� THIS SECURITY INSTRUMENT 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 shall 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 Secrion 3. Payments due under the Note and this Security Instrument sha11 be made in U.S. currency. However, if any check or other instrument received by Lender as payment under the Note or this Se.curity Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument 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 aze insured by a federal agency, instrumentality, or entiry; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when rec;eived at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may retum any payment or partial payment if the payment or partiai payments are insufficient to bring the Loan current. Lender may accept any payment or partial paymen� insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial gayments in the future, but Lender is not obligated to apply such payments at the time such payments are accepted. If each, PeriodEC Pa�yment is appliec� as of its schectuled due �e, ti�n Lender need not pay irne�st on w�appYied fvnc�s. � may hoid sUCh unapplied funds ugtii Borrower makes payments to bring t�te Laat� �r�ent. Tf BQrrowe� does not � so within a reasonable period of rime, Lender shall either aPpl�r sett� f�c�s c�r � theffi to Hor�r�ver. �f aot applied eaFlier, s�cYc fvncis will be applied to tfie outstaudia� gri�ciga� ha�� er tfie Note i�iatel}� prior to foreclosure. No offset or cla.im wltich BorEOwer mig� �ve �w or ia ti�e f�atare ag�i�st Lendea sha11 relieve Bosrower from malcing payments due tmder the Note a� P.�s �urity Instnzme� or performing the covenants and agreements se,cured by this Security �,streunent. Z. Application of Payffients or Proceeds. Except as otherwise described in this Section 2, all Paymegts acxepte� a� apg�ie,a� ��r I.�er sl� be applied in the following order of priority: (a) interest due uae�er E£� 1�te; �b) gri.�c%g� due �cder �Iie Note; (c) amounts due nader �ction 3. Such payments shali be appIied tQ eaEh Pesioda� Paynzerxt in the order in which it becam� due. Any remaining amounts shalt be applied f�st to Iate cfiarge.s, s�ond to any other amounts due uncter ttus Security Inst7vment, and then to reduce the principai baiance 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 applied to the delinquent payment and the late charge. If more thau one Periodic Payment is outstanding, Lender m��r apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent tbat, each payment can be paid in full. To the extent that any excess e�sts 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. Voluntary 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 shall not extend or postpone the due date, or change the amount, of the Periodic Payments. 3. Funds �for Escrow Items. Borrower shall 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 attain priority over this Security Instrument as a lien or encu.mbrance 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 NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) (0811) Page 4 of 75 Initials� � �2�' � � Form 3028 1 /01 : G��