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201�� 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 property. UNIFORM COVENANTS. Bonower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower 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 Fscrow Items pursuant to Secrion 3. Payments due under the Note and ttus Security Instrument shall be made in U.S. currency. However, if any check or other instrument received by Lender as payment under the Note or this S�urity Instrument is returned to Lender unpaid, Lender tnay require that any 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) certified check, bank check, treasurer's ch�k or cashier's che.ck, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, 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 Secrion 15. L,ender may return any payment or partial payment if the payment or partial payments aze insufficient to bring the Loan current. Lenc3er may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any riglnts hereunder or prejudice to its rights to refuse such payment or partial payments in the future, but F.ercder is not obligated to apply such payments at the time such payments aze accepted. If eacfi Periodic Payment is applied as of its schectiu,ted due date, then Lender nced not pay interest on unapplied func}s. Lender may hotd such unapplied funds until Barrower makes payments to bring the Loan curreat. If Borrower d�es not do so writhin a reasonable period of time, L.ender shall either apply such fuuds or return tfiem to Borrower. IE aat applied earlier, such funds will be applied to the outstanding principal b�Iauce uuder the Note immediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lznder sha11 relieve Borrower from maldng payments due under the Note and this Security incm►rn�,t or performing the covenants and agreements secured by this SECUrity Instrument. 2. Applicatian of Payments or Proce�s. Except as otherwise described in this Section 2, all payments accepte� and applied by Lender shall be apglied in the following order of priority: (a) interest due under the Note; (b} principal due under the Note; (c) amounts due under Section 3. Such payments shall he applied to each Period�c Payment in the order in which it became due. Any remaining amounts shait be applied first to late chazges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient atnount to pay any late chazge due, the payment may be applied to the delinquent payment and the late chazge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from Bonower 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. Voluntazy prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance proc,eeds, 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. Funds 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 amounts due for: (a) taxes and assessments and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and a11 insurance required by Lender under Section 5; and (d) Mortgage Insurance �-6G(NE) (0005).0� Page 4 of 15 � i�rc�eig• Form 3028 1 /01