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�� �Q�10596� �01�.01�E� THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdicrion to constitute a uniform securiry 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. Bonower 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. Bonower 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 instivment 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 Security Instrument be made in one or more of the following forn�s, as sele,cted 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 institurion whose deposits aze insured by a federal agency, instrumentality, or entity; or (d) El�tronic Funds Transfer. Payments aze deemed received by Lender when received at the location designatecl in the Note or at sueh ot�ier i�ation as may' be designated by Lender in accordance with the notice provisions in Section 15. I.ender may return any payment or partiat payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on uaappliec� funds. �.ender may hold such unapplied funds until Borrower makes payments to bring the Lcfan cuarent. if Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or ret�un them to Borrower. If not applied earlier, such funds will be applied to the outstanding p�incipal batance under the Note immediately prior to foreclosure. No offset or claim which Borrower raight hawe now or in the future against Lender shall relieve Bonower from maldng payments due under the Note ant�. this Security Instrument or performing the covenants and agreements secured by this Secutity Insttvment. 2. AgglicatiQ� of Payments or Proceeds. Except as otherwise described in this Secrion 2, all payments acceptec� aa� apgiied by Lender shall be applied in the following order of priority: (a) interest due under the 1V'ote; (b} priacigat due under the Note; (c) amounts due under Section 3. Such payments shall be appli� to e�ch Periadic Payment in the order in which it became due. Any remaining amounts shall be appliec� first to Iate charges, se�cond to any other amounts due under this Security Instrument, and then to r�uce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufFcient amount to pay any late charge 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 paid in fu11. To the extent that any excess exists 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 chazges and then as described in the Note. Any applicarion 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. Bonower shall pay to Lender on the day Periodic Payments aze 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 encumbrance 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 S�tion 5; and (d) Mortgage Insurance NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT ��Q� �-6(NE) (osi i) Page 4 of 15 mrt�ais: ��J�T Form 3028 1/01 � �