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��14���97 <br /> ]3DI�R��'�R��VENANTS�11at Botrawe�is lawFi�lly seised of�he es�ate k�ereby corlveyec�and 11as�he right to <br /> gt�at�t a��d canVe�the I'i apet•ty a�d�hat�he P�apezif:y is t�ne�cumbe�ed, except fot•eticum�ra�lces of rec�rd. <br /> Borro�er wa�•r�.n�s and wi11 defe��.gene�a��y the�x�:le�:01:he P�•aper�y agains�a.11 c�aims�nd den�ands, sub�j ect to <br /> any encL�mbt�atices oF i��cord. <br /> THI� SECUI�TTY INSTRUMENT�ombines u�ifarm cavenants for��.�ional�se and non�ut1ifori�n covenants wi�h <br /> ���x��ted va�•ia�ions Uy ju�•isdici:ion to cot�s�i�ute a ut�iform secL���i.�y i�lstt�u�7en�coveri�ng��eal p��operty, <br /> Uniform �o�enanfs. Borfowet a.nd Le��der covenat��arid agree�s folla�vs: <br /> 'I. Paymien� af Pr�in��pal, �n�er�st, Escrow I�e�ns, Prep�yment Charg�s, �nd L��e �harges. Bo�ra�ver <br /> sha1l pay wlletl due��le pr���cip�:l of, ���d����;erest on, the deb�e�videnc�d�y the Noi.e a-nc�.any���epaymer�t <br /> c11at•ges anc�Iate cl�arges dl�e�:t��.er��i�Note. Ba���ow�t•s1�a1�also pay funds for�sct•ou�Items pursuant tio <br /> Sectzon 3, Paymen�s d.ue u�dei�the No�e and�his SecL�t•i�y I�7strumen�shall be mad�it1 U,S. ct�rre�cy, <br /> Hovvever, i`C any checT�at•othet{it�s�rutllen�receive�.by Le��.de�•as paytl�etl�titnc�er the No�e or�his Sec�u�i�.y <br /> Inst�-��ment is re���rned to Lendet•unpaid, Lenc�.er m�.y�ec�ui�e�hat a��y or�.11 s�.�bseq�.xetat paymen�s d��e�.���e�� <br /> �lae Note a-�1�.�l��s Secut•.i�y Instrumet�t be r��ac�e i��one ot•rr�ore of�he folt�W�t1g Forms, as selec�ed by Lei1�.e��; <br /> �a} cash; �b}money arder; �c� cet tif�ed c�.�cl�, banl�chec��, t�easure�j's checl�o��cashier's cl�ecl�, pro�ic�e�.any <br /> suc�1 checl�ts dra�vn L�pan an ii�s�i�u�ion whase deposits are iris�red by�.fe�.e�-a� agez�cy, ins�ru�net�t�:li�yy o�• <br /> e��ti�:y; or��.��leci;ron�c Furac�s Transfei�,. <br /> P�.yments are�eemec�received by Lenc�er wl�et�.receive�at��Ze 1ac�.�ion c��signa�ec�in�he Note or at s�.�ch <br /> o�h��Ioca�xo��as�a�ay be des�giaated l�y Let�der in a�co���.nce wi�h tl�e n�tice provisio��s�n Section 15.. <br /> Le�der n�ay t�e��x�•�1�.r�y payme���or 1�a�tial payme�t if the payf��ent a��ar�ial payn�ents a�e xnsurfrcien�to <br /> �bt�i�g t��e Loan curren�. Ler�de��xn�.y acce�t a��y�ayme��or p�.r�ia1�ay�anen�insufficietlt�o b�•ing the Loan <br /> � cuir�e��t, vvit��i��vvaiver af atly righ�s he�•e�.�ader�r prejudice�o its rig��ts to ref�.�se si�c�pay�nent o�•p�.t°tiial <br /> �aayri�e���s in��ae fu�ure, �u�Lender is�o�o��zga�ed�;o ap�1y sL�c�1 paytnents at t��e�ime suc1��ayments a�•� <br /> accep�ec�. Yf eac11 Periadic P�.ymen�is appliec�.�s of��s schedulec�due d.a�e, t��en L�ndet�need no�pay it��e�es� <br /> on t�napp�iec�func�s. Letlder�nay hald sL�ch u��applied fullds iztlti�Bo�t�owe��m�.1�es paymen�s to�rit7g the <br /> Loan cu��re�t. �f Bo�:�+awer does t�o�c�o sa v�rithrn a��easo�ab����riod of�.i�n�, L�n�er s�ial�eit�ler a�pl�suc�� <br /> fu�.ads o��retuxn�henz�o�a��row�r, IF nat a�a��lied e�r�ier, su��1 fu�lds wi11 b�app�ie�.to the ou���anc�.it�g <br /> pri�ci�al l�a�ance Lx�lc�er the Note imme�.ia�ely p�•io��ta for�c�osur�. No offset o��clainl w1�ic�Bo��ro�e�'1711��1� <br /> have navU��r ii1���e fL�ture�.ga�nst Lende�s�a11��e�ie�e Borrovsrer frariz ri��.l�ing payme�ts dt�e t�nde��l�e Nof.e <br /> atic��11is Secur��y Ir�s�rume�t or pet•fot•in��g the cove�a�a��ts�.nc�agreemen�s sec�.���ed by�his Se�ur��.y <br /> Ins�t umen�. � <br /> �. Appl��a�ion af Paymen�� o� Proee�ds. ��cep��s o�herv�ise desc�i�e�i�1�l�is Sec�ion 2, a.��p�.yme�lts <br /> �ccep�ed a��.ap���ec�by Len�e��s�1a�l be ap�lied�n the follo�vi�g orc�er of priot•�ty; �a�interest due�.��Zder�h� <br /> Na�e; (b}pri��cipal due u�der�he No�e; �c}a�nounts c��.ie undet�Sec�ion 3� Suc��.paytnel��s sha��be ap�l�ed�o <br /> e�.c1a�'e�•io�ic P�:y���e��i�t��e order xr�wh�c��.if:$ecari�e d.�.�e. Any�•e�n��.i�1Yt�g�.�1�o��t��s sl�all�e appli��.��rs��o <br /> la�e cl�arges, secot�d ta�.��xy oth�i a�n�oun�s�ue unde�•1;h�s Secut•i�y Ins�t•ume�xt, �17C���1e1��Q�eC�.LiCe��1� <br /> ��i�c�p�.l Uala��ce of t�ie Na�e. <br /> If Le�c�e�9 i•eceiv�s�.p�.ynlent from]3n�•rov�e�•for�.deli�n�ue�at Pe�1�aclic Paymel�t vvhich inclL�c�.�s a suCt'icient <br /> amoun�to pay any la�e ch���ge d��e, t���payln�nt��a�l�e a�plied�o tlle�elir�c��.�ent p�y�r�e�1t�nd�he 1a�e <br /> cha��ge. ��i'mo��e��Z�.n one Peri�dic Payzne�lt is oL�ts�a�l�ing, I.e�1�e��may appl�r a.�ny payi�nen�t�eceived f�o�n <br /> Bort•av�et•to t11e��epayment af�l�e Pe��io�ic P�,�n�e��ts i-f, �.t���o��le�xte���tl�at, each�aayme��t cat�be p�id in <br /> fu11, To�l�e ex�e�t t�aat�.ny ex�ess exists �fter�he�ayri�e���:is �.ppli�c��o t�e full paytl�e�1�of one o�•mare <br /> P�f iaciic Paytllei��s, s�.�cl�excess���.y�e app�ie��o ��y�ate ch�.rge�d�.le. Vol�.xntat'Y pt'epayrrients s�1all be <br /> appliec�firs��o a��y�at�epay�ne��t Gh1�•ges anc�t�1er�as c�esG1 r�ed i�i i:l�e Note. <br /> 2���596� <br /> N��RASKA-Singf4�amily-�'annie MaelFreddie Mac L1NI��RM INSTR�MENT �arm 302�11D� <br /> VM P Q VM p6�N���9 3�2} <br /> Waltars Kluwer Financiai Services Page 4❑f�7 <br />