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��14�7555 <br /> Pa�ments are deemed rece�ved hy Lender when recei�ed at the lacation designated in the Not�or at such <br /> ather location as may be designated�y L�nder in a�cordance vvith the noti�e pro�isions in Section �.5. <br /> Lender may return any payment�r partial payment if th�payment or par�ial payments are insuf�'icient <br /> tfl bring the Loan current. Lender may ac�ept any payment or partial payment insuffic�ent to bring the <br /> L�an Current,vvithout wai��r of any rights hereunder or prejudice t�its rights to refuse such payment or <br /> pa�tial payments in the future,but Lender is not obligated to apply such payments at the time such <br /> payments are accepted. If each Periodic Paynnent is applied as of its schedul�d due date,then Lender <br /> need not pay interest on unapplied funds. Lender may hold such unapplied fur�ds unt�l Borr�v�rer makes <br /> payments to bring the Loan�urrent.If Borrovver daes not da so vvithin a reasonable period�f time,Lender <br /> shall either appiy su�h funds ar return th�m to Borrower.If not applied earlier,such funds w��l be applied <br /> to the autstar�ding prin�ipal balan�e under the Note immediately prior to foreclosure.No offset or claim <br /> v�hich Borravver might have nov�or in the futur�against Lender sha11 relieve BorravWer from making <br /> pa�ments du�under the Note and this Security Instrument�r p�rforming the�o�enants and agreements <br /> secured by this Security Instrument. <br /> �. Appl ication �f Payments or Proceeds. E��ept as otherwise described in this Secti�n 2,al� <br /> payments accepted and appli�d by Lender sha11 be appiied�n the f�llowing arder of priority: �a}interest <br /> due under the Note; �b}principal due under the Note;4c}amounts due under Sectian 3. Such payments <br /> shall be app�ied to each Periodi�Payrnent�n the vrder in which it became du�.Any remaining amaunts <br /> sha�l be applied first t�Iate charges, second to any ather amounts due under this S�curity Instrument, <br /> and then t�reduce the prin�ipal�alance�f the Note. <br /> If Lender receives a payment from Borrawer for a delinquent Periodic Payment v�hich includes a su�'�cient <br /> amount to pay any late charge due,the payment may be applied to the delinquent payment ar�d the late <br /> charge.If mare than one Peri�dic Payment is�utsta�ding,Lender may apply any payment r��eived from <br /> Borrower to the repayment�f the Periodic Pa�ments if,and to the extent that,ea�h payment�an be paid <br /> in fu��.Ta the extent that any excess exists after the pa�ment is applied to the full payment�f�ne or <br /> more Periodic Payments, such ex�ess may be applied to any late�haxges due.Voluntary prepayments <br /> shall be applied f�rst to any prepayment chaxges and then as describ�d in the Nat�. <br /> Any application�f payments,insurance proceeds,or Misc�llar�eous Proceeds to principal du�under the <br /> Note shall not extend or postpone the due date,or change the amount,of the Perladi�Payments. <br /> 3. Funds for Escro� Items. Borrower sha11 pay to L�nder an the day Periodic Payments are due <br /> under the N�te,until the�Tot�is paid in fu11,a sum�the"Funds"�to pra�ide for payment of amounts due <br /> f�r: �a}ta.xes and assessments and other items which�an attain priority over this Security Instrument as <br /> a lien�r encum�rance on the Property;�b}leasehold payments or ground rents on the Pr�per�y,if any; <br /> t�}premiums for any and a11 insurance required by Lender under Se�tion 5;and�d}Martgage�nsuranre <br /> premiurns,if�y,or any sums payable��Barrow�r to Lender�n lieu of the payment of Mortgage <br /> �nsurance premiums in accordance with the pro�isions of Section ��.These items are�alled"Escrovv <br /> Items." At origination or at any t�me during the terrn of the Loan,Lender may require that Gommunity <br /> Association Dues,Fees,and Assessments,if ar�y,be�scr�wed by Borrovver,and such dues,fees and <br /> assessments sha�l be an Escrovv Item. Borrflwer shall pramptly furnish to Lender all notices of am�unts <br /> to be paid under this Section. Borrovver sha11 pay Lender th�Funds for Es�row Items unless L�nder <br /> vvaives Borrower's obligation to pay the Funds for at�y or a11 Escrovv Items.Lender may vva.i�e Borrower's <br /> HCF�-00359 <br /> NEE3RASKA-Sing�e Family-FannEe MaelFredd�e Mac IJNIFORM INSTRUMENT Farm 3D28 110i <br /> VMP� 07114 <br /> Wolters K�uweT Financial SerWices 241412fl9���2815-J20�40729Y Page 4 of 17 <br /> *42231'f D14219'' <br /> , <br /> r � <br /> � <br /> f <br />