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��15�35�5 �ther in�trument r�ce�ve�by L�nder a�payx��nt unde�tJ�e I�T�t�a�#h�s��c�ri.ty Instrumept is returned to Lender unpaid,Lender m�y r�qu�r�th�t any�r all sul�s�quent paym�nt�due under the Note and this 5�curity Instrum�nt be made�n an�or mvre af th�fol��wing forms,��selec��d by I��nder:�a}cash;�b�maney�rd�r,�c}certifi�d ch��,bank �hec�,�reasur�'s check ar cah��r's�h�ck.,pravided an��uch ch�c1�is drawn upon an instituti�n v�ha�e dep�sits are insured hy a��deral a��ncy,inst�-urri�t�ta�ity,or�r�tit}�.�r�d}Eiec�ranic Funds Trans��r. Paym�nts are�e�m�d r�cei��d by L��d�r wt�en r�cei��d at th�locatian designated in the N��e or such other lacation as may be des�gnat�d by Lender rn acc�rd�n��with the�atic�provisi�ns in S�ction l 5. Lender may re�urn �ny payment or�artia�payment if th�payments ar�in�uffici�nt ta bring the Loan cun�nt. I�en��r may acc�pt any payment or partia�payment insuff�ient t��ring the i�a.n curren#,with�ut v�aiver�f any righ�s her�under ar pr�,�udice ta its rights t�refuse such payment or partia��aaym�r�ts in the future,but I��nd�r i�not obligated to apply such payment at�he time such payments are accepted. If B�novsrer�a�s n�t do sa w�thin a reas�na�le p�riod af time,L�nder shall eith�r apply su�h funt�s Qr return them ta��rrow�r. �f nat app�ied earli�r,su�h funds will be ap�lied to the auts�anding principal balan��under the Nat�imrne�ia�eiy prior t�f4reclosure. I,io off�e�ar�lairn wh�ch Barrawer might ha�e naw ar in the futur�against�.ender�hall r�lieve Borrawer from makin�gayments due under the Note an� this Security Instrument or performing the cawenan�s and agreements se�ured�y this Secur�ty Instrument. �. App��cat�aa�f gaym�nt ar Pr�c�eds. E�c�ept as�t�erwis�described in this Sectian 2,all payments ac��pted ar�d applied by Lend�r sha�l b�appli�d�n t��follawing arder af priority:�a�inter�st du�und�r th� Not�;Cb}Principal due under th�N�t�;��}am�u.�ts du�under Sect�on 3, Su�h pa�m�nts shall be appli�d�o�ach second to any other amounts due und�r this Sc�urity Instrument,and then to reduce th�pr�n�ipal�alance af th�N�te. �f L�nder r�c�iw�s a paym�nt fr�m Barr��rer far a d�lin�u�nt Peri��c Payment which includ�s a suffi�ient amount ta pay any late charg�due,the�aym�nt r�a��e�ppli��t��he d�linqu�nt pa}�ment and th��ate char�e. Zf more than one Periadi�Payment i�autstanding,L�n�er may app�y any payn�ent received fr�m Barrawer to the repayrn�nt Qf the P�riodic P�yments if,and t�the extent that,�aeh payment can be paid in full. Ta the exte�d that any�xc��s exist� �fter the pa�ment i�applied t4 the full payment af on��r more Per��dic Fayn�ents,such excess may be apglied tv any iat��har��s due. �oluntar�pr�paym�nts shall b�applied f r�t t�any pr�gayment�har�es and then as described ir� �I�te. �►ny applic��x�n�f payment.�,insur�nce pra�e�d�,or Mi�c�l��neous Fra�eed�to�rincip�l due under th�]�ot� sh�li n�t�xt�nt�ar pas�one t��d��d�t�,ar�hange th�amaunt,�af th�Perio�ic P�ym�nts. �. Fund�fur Es�rav�items. ��r�-v�uer�hall pay t�Lender�n the d.�y Per�odic Pa�ments are d►�� under the�3�t�,unti�th�]�at�i�paid in ful�,a sum�the func�s}to pr�vi��f�r pa�rment�f�maunts�u�for a)taxes and assessments�d a�iar items whi�h can attain pr��r��t}��er this 5�cur�ty Instrum�r�t as$lien��r�ncumbrance�n th� Praper�y;�b}��as�hold paymen�s or gr�unc�rents on the�ro�er�,if any;�c)premiums f�r an�and�1I in�urance requ�red be Len�er under Section 5;and�d�Mortgage In�uranGe premiurns,if at��or�ny sums payabl�h�►�4rrower ta Lender in lieu of th�paymeat af M�rtgag�Insuranc� pr�miums�s ac�ordan�e with the pravisions�f S�ction �4. Th�s�it�rns are catled Escraw Iterns. At ari�inatian or�t any time during the t�rm vf th�Luan,Lender may re�uir� �sssessm�nts shall la�an Escrov�i��m. Borr�wer shall pr�mptl�furnish to Lend�r all notic��of am�unts to��paid under this�ectia�, Borrow�r shall pay Lender th�Ft�ds f�r Es�row�tems unless Lend�r waive�Borr�wer's abliga�ion#Q pay the Funds for any ar all�scrow It�m. Lend�r may waiW�Borrawer's obligatian to pay t��.ender Funt�s f�r a.ny�r al�Escrow�tems at�ny time. Any such waiver may anly in vvriting. �n the e�ent�f�uct�wai��r, Barrower shall pay directiy,when and r�r�er�payabt�,th��m�ur�ts due for auy Es�row Iterns f4r whi�h paym�nt��` Funds has be�n waiv�d by Len�er may requi�e. B�rrawer's a�li�ation to make�uch payments and to pr�vi�e r�ceipt� sha�.11 for a�l purposes be de�m�d ta he a cawe�zant an�agre�ment cQntained in this Se�urity Instrum�nt,as th�phrase �a�enant and agr�ement is used in Sect�on�. If Ba�nower is abliga�ed ta pay Escr�w Items directly,pursuant�� ►�ai�er,and�orrow�r faiis to pay the amount due f�r an Escr�vu I�em,Lender may exer�ise its ri�hts und�r Sec�i�n 9