201200339 - Laserfiche WebLink

Browse

201200339 Loan current,without waiver of any rights hereunder or prejudice to its rights to refuse s�ch payment or partial payments in lhe 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 schedulcd due date, tlten Lender need not pay interest on unapplied funds. Lender may hold such ttnapplied funds unlil Borrower makes payments to bring the Loan currenL I IBorrower does not dn so within a reasonable period oftimc,Lender shall either apply such funds or rewrn thcm to Bmrower. If nnt applied earlier,such funds will bc applied to the outstanding principal balance under the Note immediately prior to foreclosure.No offset or claim which Borrower might have now or in Lhe future against Lender shall relievz Borrower from making payments due under the Note and this Security Instrument or performing the covenants and agreemcnts secured by this Security Instrument. 2. Application of Payments or Proceeds. Exccpt as otherwise described in this Section?, alf payments accepk;d and applied by I.cnder shall be applied in the following order of priority: (a)interest due under the Note; (b)princfpal due under the Note; (c)amounts duc under Section 3. Such pa�'ments shall be applied to each Pcriodic Payment in thc order in which it becamc due. Any remaining amounts shall be applied first to late chacges, second to any olher amounts due onder this Security Ins[rument, and then to rcduce the principal balance ofthe Note. If Lender receives a payment f'rom Borrower for a delinquent Periodic Payment which includcs a sufticient amount to pay any late charge due,the payment may be applicd lo the delinquent payment and the Iate charge. If more than one Periodic Payment is uutstanding,Lender may apply any payment received from Borrower to the repayment of the Periodic Paymenls if, and to the eKtent that,cxch payment can be paid in tiill. To the extcnt that any excess exists after the paymcnt is applied to the full payment of one or more Periodic Payments, soch excess may be applied to any latc charges due. Voluntary-prcpxyments shall bc applied tirst to any prepayment chargcs and ihen as describcd in the Note. Any application ofpayments,insurance proceeds,or Miscellaneous Proceeds tu principal due under thc Note shall nut extend or postpone the due date, or change the amount, of thc Periodic Payments. 3. Funds for ESCrow Items. Borrower shall pay to Lender on the day Pcriodic Paytnents are due under the Note,until the Note is paid in full, a si�m(the"Funds")to provide for payment of amounts doe for. (a)taxes and assessments and other items which can attain priority over this Security Insu ument as a lien or encumbrance on the Propetty; (b) leasehold paymen[s or ground rents on the Property, if any; (c)premiums for any and all insurance reqoired by Lender under Section 5; and (d)Mottgage Insurance premiums, if any, or any sums payable by Borrower lo Lender in lieu of the payment of Moitgage Insurance premiums in accordance with the provisions of Scetion I 0. Thzse items arc called "Escrow Items." Ai origination or at any time during the Term of the Loan, Lender may require thal Community Association Dues, Fees, and Assessments, if any, be escrowed by Borrowcr,and such dues, fees and assessments shxll be an C-scrow Item. Borro��er shall promptly f'urnish to I:cnder aIl notices of amounts to be paid under this Section. Borrower shall pay Lender the Funds for Gscrow (tcros unless Lender waives Borrower's obligation to pay the Funds for any or al I F,scrow Items.Lender may waive Borrower's obligation to pay to Lender Funds for any or all Escrow ltems at any lime. Any such waiver mxy only be in writing.ln the event of such waiver, Bonower shall pay directly, when and where payable, the ' amounts due for any Escrow Items for which payment of Funds has been waived by Lender and_if Lender reyuires,shall furnish lo Lender receipts evidencing such payment within such time period as Lender �YbB66]599 NEBRASKA-Single Family-Fanme MaelRetltlie Mac UNIFORM INSTHl1MENT Fortn 3�281I01 VMR� �1 �� 0911� WoltersWUwerFinanaal5emces 201t1215da0aCaWJ201ID209Y Imtials� PageCO�i1 I IIIIIII IIIIII IIII IIII IIIII IIIII IIIII IIIII IIIII�II�I I��IIII IIIII IIIII(IIII IIIII IIIII IIII IIII