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�� BORR.OWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed aud has the right to grant and convey the Property and that the Pzoperiy is unencumbered, except for encumbrances of record. Bonower warrants and vv�ll defend aenerally the tide to the Property against all claims aud demands, subject to any encumbranc� of record THIS SECURTTY INS�'RiJMENf combines uni£ozm covenants for national use and non-uniform covenants with limited vazi.ations by jurisdiction to consti#ute a uniform se,curity insnument covering r�l property. UNIFORM COVENANTS. Borrowe.r and Lender covenant and agree as follows: 1. Payment of PrYndpal, Interegt, Escrow Items, Prepayment Charges�, aad Late Charges. Borrower shall. pay when due the princtipal o� and interest on, the debt evidencezi by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay fitnds for Escrow Items pwrsuant to Section 3. Payments due und� the Note and this Security Instrument shall be made in U. S. cunency. However, if any check or other instruineat received by Leader as payment under the Note or this Security Instrument is returned to Leader u�paid, Lender may require that any or all subseque�t payments due under the Note aad this Secvrity Instrument be made in one or more of the following forms, as selecte,cl by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provide,d any such chexk is drawn upon an �institurion whose deposits are insured by a federal agency, instnunentality, or en�ity; or (d) Electronic Funds Transfer. Payments aze deemed received by Lender when re,ceived at the locatian designated "m the Note or at such other lacatian as may be designated by Lender in accordance with the notice provns�ons in Section 15. Lender may rehun any payment or partia2 payment if the payment or parrial payments are insufficieat to bring the Loan current. Lender zxiay accept aaY PaYment oz partial payment insufficient to bring the Loaa current, without waiver of airy rights hereamder or prejudice to i#s rights to refuse such payment or pattial gayments in the fut�e, but Lender is not obligated to agply such payments at the time such payments are accepted. If each Periodic Payment is appli� as of its scheduled due date, then Lender ne�d not pay interest on unapplied funds. Lender may hold such vaapplied fimds imt� Borrower makes payment to briag the Loan cuireat. If Borro�ver does not do so wi.thin a reasonable period of time, Lender sha11 either apply such funds or retiun them to Borrower. Lf not applied earlier, such funds will be applied to the outstanding principal balance under the Note immediateiy prior to foreclos�re. No offset os claim which Boaower might have now or in the future agaiast Leader shall relieve Borrower from making payments due under t�e Note and this Security Instrument or performing the covenants and agreexnents see�aed by this Security Instrument 2. Appliration of Payments or Proceeds. Except as atherwise described in this Secrion 2, all payments accepted and applied by Lender shall be applied 'm the follow�mg order of priority: (a) interest due under the Note; (b) principal due wader the Note; (c} amoums due under Section 3. Such payments shall be applied to e.ach Periodic Payment in the order in which it became due. Any remaining amouats sb.ail be applied first to late charges, second to any other amounts due imder this Security Instrument, and t}xen to reduce the principal balance of the Note. If Lender receives a payment from Bonower for a delinquent Periodic Paymemt which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquaat payment aad the late charge. If more than one Periodic Paymemt is outstanding, Lender may apply any paymeat received froax Bozxower to tlie repaymeat of the Feriodic Payments i� and to the exteut that, each payment can be paid in full. To the extent that any excess exists si�er the payment is applied to the full payment of one or more Peciodic Payments, such excess may be applied to any late chazges due. Voluntary prepaynaezrts shall be applied f�rst to any prepayment chazges and then as described in the Nate. Aay appIication of payments, insurance procceds, or MiscelIaneous Proceeds to principal due under the Note shall not extend or postpone the due date, or chaage the amouat, of the Periodic Payments. 3. Fnnds for Escrow Items. Bonower shall pay to Lender on the day Pe#iodic Payments axe due under ttie Note, until the Note is paid in full, a sum (the "Funds") to provide for payment af amounts due for: (a) taxes and assessnaents and other items which can at#ain priority over this Security Instrument as a lien or encumbrance on the Properly; (b} leasehold payments ar ground rents on the Properiy, if any, (c) premiums for any and a11 insurance required by Lender under Section 5; and (� Mortgage Insurance 2200149668 D V6 ANL N�RASKA - Single Family - Fannfe Ma�Freddie Mac UNIFORM INSTRUMENT WR �tS �-6A{N� loetol Page 4 of 18 Inttle�s: ��, �� 3028 1101 �