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20��0�0�� BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby com�eyad and has the right to grant and convey the Properiy and that the Property is unencumbered, except for encumbrances af record. Borrower warrants and will defend generally the title to the Property against a11 claims and demands, subject to any encumbrances of record THIS SECURITY INSTRUMENT combines uniform covenants for national use and non wriform covenants with limited variations by jurisdiction to conskitute a uniform security instrument crovering real praperlY• IJNIFORM COVENANTS. Bflrrower 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 o� and i�erest on, the debt evidence� by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay fimds for Escrow Items pursuant to Section 3. Paymenta due under the Note az►d this Security Instrument shall be made in U.S. cunency. However, if any check or other instcvment received by Lender as payment under the Note or this S�urity Instrument is retume� to Lender unpaid, Lender may require that any or all subsecNent PaYments due under the Note and this Security Instr�ment be made in one ar xnore of the following formq, as selected by Lender: (a) ca.sh; (b) money order; (c) certified check, bank check, treasurer' s chei;k or cashier' s checl� provided any such check is drawn upon an institution whose deposits aze insured by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Payments aze deemed received by I,ender when received at the location designated in the Note or at such other l�ation as may be designa� by Lender in accordance with the notice provisions in Section 15. Lender may return an.y payment or partial paym+ent if the payment or partial payments are insufficient to bring the Loan current. Lender maY �Pt �Y PaYment or partial payment insufficient to bring the Loan ciment, without waiver of any rights hereunder or pre�udice 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 dus date, the,n Lender ne,ed not pay interest on unapplie�i funds. Lender may hold such unapplied funds until Bonower makes payment to bring the Loan curren� If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or Zeturn them to Borrower. If not appli� ea�lier, such funds will be applie� to the outstanding principal balance 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 Instrument or performing the covenants and agreements s�ured by this Security Instrument. 2. Application of Pa�menta or Prneeeds. Except as othervvisa described in this Section 2, all payments accepted and apphed by Lender shall be applied in the following order of priority: (a) :inte�rest due unde� the Note; (b) principal due under the Note; (c) amounts due under Section 3. 5uch payments shall be applied to each Periodic Payment in the order in which it became due. Any remaining amoimts shall be applied first to late charges, second to any other amounts due under this S�cunty Instrument, and then to reduce the principal balance of the Note. If Lender r�eives a payment from Boirower for a delinquent Periodic Payment wluch includes a sufficient amount to pay any late charge due, tha payment may be applied to the delmquent payment and the late charge. If more than one Periodic Payment is outsts�nding, Lender may apply any payment receive� from Borrower to the repayment of the Periodic Payments i� and to the elctent that, each payment can be paid in full. To the extent that any excess eatists after the payment is applied to the full payment of one or mare Periodic Payments, such e�ccess may be applieri to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as descn`bed in tbe Note. Any applic�tion of payments, insurance proceeris, or Miscellan�us Pracee�s to principal due under the Note shall not e�ctend or post�wne the due date, or change the amount, of the Periodic Payments. 3. Fands 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 aznounts due for: (a) taxes and assessments and other items which can attai�n priority over this Se�xrity Instr�ment as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c� premiwns for any and all insurance required by Lender under Section 5; and (d) Mortgage Insurance 2200173281 D V6ANE NEBRASKA - Single Family - Fannle Ma8/Freddfe Mac UNIFORM INSTRUMEI�T WRH MIItS (�-6A(NE�loetol Page4of16 �r,ztsata:'bnl'� Farm3028 7(01 �