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� 201208789 BORROWER COVEIVATITS tbat Bosowa is lawfully seised oi the estate hereby conveyed and has the right to gant and convey the Property and that ti�e Properiy is unencumbered, except for encumbrances of record. Borrower wazrants and will defend generally the titlz to the Property against all claims and deinands, subject to any encumbr�ees of record. THIS SEC[JRITY INSTRUMEl�,TT combines uniform covenwts for narional use and non-uniforxn„ovenants with lunited vaziarions by jurisdiction to constitute a uniform security instrument covering real properry. Unrform Covenants. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, interest, Escrow Items, Prepayment Charges, and Late Charges. BosowEK shall pay wheu due the principal o� and interest on, tfie debt evidenced by the Note and any piepayment charges and late charges due undcr the Note. Borrower shall also pay funds for Escrow Items pursuant to � Section 3. Payinents due under fhe Note and this Security Instrument shall be made in U.S. currency. Hou�ever, if any check or�flier instrument received by Lender as payment under the Note or tkis Security Instruinent is returned to Lencler unpaid, Leuder may require that any or all subsequent payments due under flie Note and tIus Security Instrument be made in one or more of Yhe following forms, as selecLed by Lender: (a) ca�aU; (b)tnon�oxder. (c} certified cheek, bank check, treasurer's check or cashia's check, pro�zded any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or eatity; or(d) Electronic Funds Txansfer. Payments aze deemed raceived by Lender when received at flie�ocation dcsignated in the Note or at snch other location as may be designated by Lender in accordancc with the notice pro�isions in Section 15. Lender may return any payment or partial payment if the payment or partial payinents aze insufficient to bring the Loan ciurent Lender may accept any pay�mznt or partial payment insufficieut to bring che Loan cm-rent, vvitliout waiver of any rights hereunder Ox prejudice to its rights to xefuse such payment or paztial payments in�e fimue, but T��is not obligated to apply such payments at tl�e time sucn payments azc accepted. If each Peri.ou�ic Paymen[is applied as of its scheduled due date, then Lender need not pay interest oa unapptied funds. Lender may hold sucn unapplied funds until Fwrrower makes payments to bring the Loan surrent. If Bonower does not do so�vithin a reasonable�eriod of time, Lender shall either apply such funds or retum them to Borrower. If not applied earlisr, such fimds wiU be applied to the outstanding principal balance under the Note immediately prior to foreelosure. No offset Qr claim which Borrower might have now or in the future against Lender shall relieve Borrower from malang pa}nncnts due under the Note and flus Security Instntment or performing the covenants and agrzements secured by ihis Securitp Instrument. 2. Application of Payments or Proceeds. Lxcept as otherwise described in this Section 2, all paqments accept�d and applied by Lender sha11 be applied ia r_he following ordcz o£priori4��: (a) interest due undea-Utz Note; (b)princapal due under the Nate; (c) amounts due uuder Section 3. Such payiueats sha11 be applied:o each Periodic Payment in thc order in which it became due. Any remaining amounts shall be applied firsL to late charges, second to an��other amounts due under this Secwity Instrumcnt, and then to reduce the principal balance of the I�Tote. If Lender receives a payment fr�in Borrower for a delinquent Periodic Paymenf which incliuics a sufficient amount to pay any late charge due, the pa}nnent may be applied to the delinquent payment and the late charge. If morc than one Periodic Payment is outstanding, Lender may apply any payment received from Borxower W ttie repayment of the Pexiodie Payuients i� and Yo the extent that, each pa}nnenf cai�be paid in full. To the exYent that ax]y excess exists after the payment is applied to 1ie fitll payment of one of more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first To any prepayment charges and then as described in the Note. NF3RtiSKA-Sin I>Famil -`annlePAaelFrad7ief.1zcUNIFORbi INSTRUbIENT 2h402451 S- Y� Farm 3028 1l01 VM P� � VM P6(NE)(t 105J Wolters Kluwer Fnzncial Services � Page 4 of 1]