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. � , � � j r �. T'HIS SECURTTY INSTRUMENT combines uniform covenants for national use and non-uniform covenauts with limited variations by jurisdiction to constitute a uniform security instntment covaring real property. UNIFORM COVENANTS. Bonrower and Lender covenant and agree as follows: 1. Paym�ent of Principal, Interest, Escrow Items, Prepaymeut Charges, and Late Charges. Borxower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and Iate chazges 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. currencg. However, if any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Securiry Instrument be made in one or more of the foIlowing forrns, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's che,ck, provided any such check is drawn upon an institution whose deposits are insured by a ferleral agency, instrumentaiity, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by L,snder when received at the location designated in the Note or at such other Iocation as may be designated by Lender 'va accordance with the notice pmvisions in Section l5. Lender may return any payment or partial payment if tfie payment or gartial pay�ents are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loaa current, without waiver of any rights Irereunder or prejudice to its rights to refuse sucl� payment or partiai payments in the future, but Lender is not obligated to apply such payments at the titne such payments are acc�ptec�. If each Feriodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds untiI Borrower makes payments ta bring the Loan eutrent. If Sormwer does not do so witYiin a reasonable period of time, Lender st� either appIy such fvnds or return the�n to Bonrower. If not applied earlier, such funds will be applie� to the outstanding principal halance under the Note immediately prior to foreclasure. No offset or claim wiuch Bazrower might ha.ve now or iu the future against Lender shall relieve �rrower from making payments due under the Note and this Security Instn�ment or performing the covenants and agreerrcents s�urerl by this Security Tnstrument. 2. Applieation of Payinents or Proceeds. Except as otherwise descrihed in this Secrion 2, aiI payments aacepted and appiied by Lender sha1l be applied in the following order of priority: (a} interest due under the Note; (b} principai due und�r the Note; (c) amowits due under 5ectioII 3. Such paymeuts shall be apglied to each Periodic Payment in the order in which it became due. Any remaining aznounts shall be applied first to late charges, second to any other amounts due under this 5ecurity Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Bonower for a delinquent Periodic Payment which includes a su�cient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late clia,tge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in fu11. To the extent that any excess e�sts after the payment is applied to the full paynaent of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be appli� 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 shall not extand 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 fu11, 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 Properky; (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 IIYSTRUMENT (�-6(NE) roa� u Page 4 of 75 In3tials: � Form 3028 9/01 �