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201�0�948 BORROWER COVENANTS that Boaower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, �cept for encumbrances of rec;ord. Bonower wazrants and will defend generally the title to the Properiy against all claims and demands, subject to any encumbrances of record THIS SECLJRITY INSTRUMENT combines uniform covenants for national use �d noa-uniform covenants with limited variations by jurisdiction to constitute a uniform s�u�ity instrument covering real property. LTNIFORM COVENANTS. Borrower and I,ender covenant and agre,e as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal o� and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Banower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and tlus Security Instrument shall be made in U. S. cunency. However, if any ch�lc or other instrument re�eivefl by Lender as payment under the Note or this Security Instrument is returne3 to Lender unpaid, Lmder may require that any ar all aubse�uent payments due under the Note and this Security Instrament be made in one or more of the following forms, as sel�teci by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer' s check or cashier' s che�k, provide� any such check is drawn upcm an institurion whose deposits are insured by a federal agency, instramentality, or entity, or (d) Electronic Funds Transfer. Payments aze deemed r�eived by Lender when received at the location designated in the Note or at such other lacation as may be designatefl by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender ma.y accePt anY Payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice to its rights to refixse such PaYment or Pa�al payments in the firiure, but Lender is not obliga.ted 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 unapplie� funds. Lender may hold such unapplied funds until Banower makes payment to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to Bonower. If not applied earlier, such fimds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Barrower might have now or in the future against Lender shall relieve Boaower from making payments due under the Note and this Security Instrument or performing the covenants and agreements securefl by this Sec�rity Instrument. 2. Application of Pa�ments or Proceeds. Except as otherwise describe� in this Section 2, all payments accepted and apphefl by Lender shall be applied in the following arder of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. S�.ich payments shall be applied to each Periodic Payment in the order in which it bec�ne due. Any remaining amounts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender r�eives a payment from Boaower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If more tUan one Periodic Payment is outstanding, Lender may apply any payment re�eived from Bonower to the repayment of the Periodic Payments if, and to the e�rtent that, each payme,�t can be paid in full. To the extent that any elccess 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. Voluntazy prepaym�►ts shall be applied first to any prepayment charges and then as descnbed in the Note. Any application of payments, insurance procee�s, or Miscellaneous Proceeds to principal due under the Note shall not e�ctend or postpone the due date, or cbange 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, until the Note is paid in fu11, a sum (the "Funds") to provide for payment of aznounts due for: (a) taxes and assessments and other items which can attain priority over this S�urity Instrument as a lien ar 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 Section 5; and (d) Mortgage Insurance 2200196725 D V6ANE NESRASKA - Singla Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMENT W��F� I� �-6A(Nq loatol Pega 4 of 15 InHiel (�sf � Form 3028 7/01 o —