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�o�ios5o� 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 progerty. UiVIFORM COVENANTS. Borrower and Lender covenant and agree as follows; 1. Payment of Ptincipal, Interest, F�crow Items, Prepayment Charges, and Late Charg�. Bortower 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 Section 3. Payments due under the Note and this Security Instrumeni shall be made in U.S. currency. However, if any check or other instrument received by Lender as payment under the Note or this Security Insirument is returned to Lender uupaid, Lender may require that auy 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) certif'ied 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, instru�mentality, or entity; or (d) Electronic Funds Transfer, Payments are deemed received by Lender when received 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. I.ender may refurn any payment or partial payment ff the payment or partial gayments are insufficient to bring the Loan current. Lender may accept any pa,yment or partial payment insuff'icient to bring the Loan current, withont 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 ea,ch Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds, I.ender may hold such una.pplied funds until Borrower makes payments to bring the Loan current. If Borrower does not do so within a reasonable peniod of time, Lencler shall either apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balauce under the Note immediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Insirument or perForming the covenants and agreements secured by this Security Instrument. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the followutg order of priority: (a) interest due under the Note; (b) principal due uuder the Note; (c) amounts due under Section 3. Such payments shall be agplied to each Periodic Payment in the order in which it became due. A� remaining amounts shall be applied first to late charges, second to any oCher amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Bortower for a delinquent Periodic Payment which includes a suff'icient amount to pay any late charge due, the payntent ma.y be applied to the delinquent payment and the Iate charge. If more than one Feriodic Payment is outstanding, Lender may apply any payment received from Bormwer to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. 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 charges and then as described in the Note. Any application of payments, inenranee 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. Fnnds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note, uatil 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 Instzument as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Properly, if any; (c) premiums for any and all �ncnranrn req �� by Lender under Section 5; and (d) Mortgage Insurance NEBRASKA - Single �amily - Fannfe Mee/Freddis Mac UNIFORM INSTRUMENT �-6iNE) ioe � �� Page 4 of 16 i�,ntai8: �� Form 3028 1/01