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201107842 ROR'ROWElt COVL+NANTS thnt Roirower is la�vful7y 9cise�3 of Lhe esta6e hereby conveyed nnd has the right to grant and convey the Pi�operty and il�at the Proper�y is unencun2berecf, except for encumbrences of'record. Borrower wa�•rants and will defend gene�ally the title to the Property against all claims aud demands, auUjecC to any encumUrances af rccord. THIS S�GLTRITY INSTRUM�:N'1'combines uniform eovenants for naYionel uae nud non-uiiiform covenants with limited variations by�urisdiction Lo conatitute a uniform security insnument cove��iug real property. U niform Covenants. Rorro�vcr�wd Lcnder covenant nnd ngree as follows: 1. Payment of Principal, Interest, Escrow items, Prepayment Charges, and Late Charges. Borrower slitdl pay wlien duc tlic principal of, and iti[eresY ou, the deUti evidenced Uy the Note and any prepayment charges and 7ate ohnrgas due under the NoTe. Rorrower shall aleo pay funds For Escrow ltcnis pursuant to Sectron 3. PnymenYs due under the Note and this Securi�y Histniment shnll be made in U.S. eurrency. However, if nny check or othor inetrumouC reoeived by Lender as payment under the Note or this Sacarity Inshliment is retuuied to Lcnder unpaid, Lender may require Y7iat any or all suUsequent payments dlte imder Ehe Note and thie Security Iustnuuent be made in one or more of the Pollowinb forms, as selected by l.ender: � (a) cash; (U)money order; (e) eertified ehecic, baule checic, treasurer's chccl< or cashier's ehecic, pravided Emy such chccic is dxawn upon an instilution wl�osc do�osits �re insm�ed 6y n federal agency, insu•umentaliCy, or enCiCy; or (d) Eleclronic 1^timds TransPer. Ynyinents ere deemed reccivui by Lcndor st+han received at tlie locetion designated in the Note or at such other loce�tion as�iay be design¢ted vy Lender in accordance with tl�e uotice provisions in Section 15. Lender may reCm�n any payinenti or parCial payivent if thn payinent t�r pnrlial payments nre insufficient to bring the Loan ourranC. Lencier may aoccpt any payn�ent or partial pflyment insufficient to bring the Loaai atu�rent, without waiver of nuy rights her�under ar prejndiee ko its righk.s to reYiise auah pa}nneut or partial pn}nncnts in the fiitnre, but Leuder is not obligated Co apply suo]i paymanCa af hhe Cime snoh payments are acoepCed. If each Periodia Paymeut is ap��lied ae of ita achecluled due date, then Lender need noC pay inYsrest on unapplied funds. Lender mny holcl stioh unapplied funds until Borrowec makes paymevts to bring t6e Loan cm rent. lf Borrower does not do so wiChin a reasonaUle period of timq l.cndcr shall ciU�er�pply fiuch funds or return them to Borrower. If not a}�plicd oarlier, such Pnnds will I�e n�aplied to the outst�nciing priucipal Ualance unde� the Nule immedi2tely prior to foreelosure. Na offsat or claim wl�ich Boirower might have now or in the fit[nre against Leuder shall relieve Borrower t:rom m2lcin�paymcnts duc under tlie Note anci Lhis Seonxity Instrument or performing tlie covenants and ngrecments seonred by tfus Security Inetrument. 2. Application of Rayments or Proceeds, Exoc�l as ot'herwise deacribed in this Sectiou 2, a11 payments accepYed uid applied Uy Leuder shnll I�e npplied in the following order o'F priority, (a) interest due under the Note; (b)principal due nnder the Note; (c) amowiYS due under Section 3. Such paymantb shall be ap��licd to cach Periociio Payment iu the order in wl�icli it i�ecame duc. i\ny romaiivng amount,�shn116e applied'firat to late chasg�es, seooud to any oYhcr ainountd due under this�9ecurity Insuumenf, and tlxe�a Yo reduce the principaY l�alance of CheNote. PF Lender recoives a pa}nnent fi•om Borrower for a delinquent Periodic Payment whicl� includes ct sufficient amount to pay any late charge dtte, tlie paymeut may be r�ppliod to the dolinquc�it payment amd Lhe laCe chaige. If more tliaai one Periodre Payni�nt is ouhstanding, Leuder inay apply any payment received fi•om Borrower to the repayi��enc of the 1'eriodic Pagments if, and to C1ie extenY that, e�ch payment can Ue paid in fttll. To tl�e extenC fhac any excess exists etCer Che�ayment is applied to Che fiall payment of one or more Periodic Payments, sueh excees inay be applied to any latc chargcd duc. Vol�u�tury propayinenCs shnll bc applied first Yo any prepaymcnt charges anci Lhen 1s desori6ed iu tke Note. za��90 NEBRASKA-Single Family-Fannie MaelPretltlle A9ec UNIF[]HM IN51 HUMtN I� Fo�m 3ULtl 11�1 vna�;� vntrs�Ne��t i os� Wollers Kluwer Financial Sarvicea Paye 4 of 77