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��15�4944 BC�RRC��[1E�.C�VENANTS that Borraw�r is�awfully seise�af the�sta.te h.ereb�r�an�eyed and has the right�v grant and canvey the Property and that�he Property is unencumbered, ex�ept for encumbranc�s nf recard. �rr�wer warra�t�s a��w��defend generally the ritle ta the Praperty against all claims and demands, subject ta any en�umhrances of recor�. THIS SEC�UR�TY I�STRLJME�T`combines uniform cavenants for natianal.use and non-ur�iform�ovenants with Iimi�ed�ariatians by�urisdic�ion��anstitute a uniforn�security instrument cavering rea�.property. Unifarm Car►enan#s. Bvrra�aver an�.Lender covenant and ag�ree as follows: �. Payr�en� of Prir�cipal, I nter�st, EscraHr I#ems, �repayment Char�es, and Late Charges, Barrawer sha11 pay when due the pr�ncipal of, and int�rest on, the deb�eviden�ed hy th�Nate and any prepayment �harges and�ate charges due under the N�te. Bvrrower shail also pay funds for Escrow Items pursuant ta Seetion 3. Paymen�s due under#he Note and this Security Instn.�ment shall be made in U.S. currency. Hovv��er, �f any check or�ther�nstrument recei�ed by Lender as payment under�h.e�ote or this Security Instz u�ent is returne�to Lender unpa�d, Lender ma�r require that any ar at�subsequex�t payments due under the Nate and this Security Instzument be made in one or more vf the fo�lvv�ing farms, as selected by Lender: (a�cash; �b}money order; ��}ceartified�heck, ba.nk checic, t�easurer's�hec�or r,ashier's check,�rvvided any such�heck�s drawn upon an iz�stiturion whose depasits are insured by a federa�agency, ins�rumentali�, or entity; o��d}Electronic Funds Transfer. Payrn�ts ar�deerned received by Lender when received a�t the locari�n designated in the Nate�r a�such ��her�ocation as ma�be des�gnated by Lender in accordan�e with the notice prvvisi�ns in 5ection�5. Lender may ret�urn any payrn�nt ar partia�payment if�he paym�nt ar partial payments are insufficient to bring t�ie L�an current. Lender may accept any paynaent or partia�payrnen#in.su.ff�cien�to bring the Loa�. current, withaut wai�er of any rights h�r�und�r or�r��udi�e ta it�rights tv refixse such payment or partia� payments in the future,but Lender is not flbligated ta apply such paym.ents at the time such payments are accepted. If each Periadic Payme�n.t is applied as�f i�s schedul�d due date, then Lend�r need not pay interest an un�pplied funds. Lender may hv�d su�h unappli�d funds unti�Borrower mal��s payrnen�s to bruag�,he Loan curren�. If Borrawer c�o�s not d�so wi�in a reasonable period of�me, Lender shall eith�r apply such funds or returr�them to Borrow�r. If not app�ied ear�xer, such funds u�i�1 be applied�v the outstanding prin�ipal l�ala�ce under the Nv�e imrnediately prior�o fareclvsure_Na affset or clairn which Eorra�ver rnig�.t have naw or in the funire agau�.st Lender shall relieve Borr�wer frnm making payments due under the��te and�is 5ecurity Instrument or perfvrming the cavenan�s and agreemen�s secured by this Securit� lnstr�e�t. 2. Applicativn of Payrnents or Proc�e�s. E��ep�as�therwise described i�n this Sectivn�, all payments a�cept�d and applied by Len.der shall be app�ied in the follawing order af�riority: �a}interest du�under�he Nate; �b}principal due under the N��e; �c}amouni�s due under Section 3. Such payments shali b�e applied ta each Periodic Pa}rment in the vrder in which it becam�due. Any r�mainin�amaunts shall be applied first to late charges, �econ�i to any other amounts due under this Security Instru.m�nt, and then to reduce the principal ba�ance of�he Nflte. If L�nder recei�es a payment fram Borr�wer for a delinquent P�riodic Payment which includes a suffici�n� arnount ta pa�r any late charge due, the payment may be apptied#a the delinquent payment and the�ate charg�. If m�re than�ne Periadic Payment is�u�standing, Lend�r may appl�any payment recei�ed fram Barrower�a the repayment of the Peri¢dic Paymen�s if, and to th�extent that, each payment car�be paid in full. To th�exten�that ax�y excess e�is�s af�er the payment�s app�ied to�he full pa�nent af one ar more Periodic Payments, such excess may be applied�o any late charges due. Voluntary prepaymen�s sha�I be app�ied f�rst�o any prepayment�harges and then as des�ribed in�he Note. 23�Q3��72(i Q VfiIVE N�BR►4SKA-Single Family-�annie MaelF�eddi�Mac UNi�ORM INSTRUMENT �arm 3U�8 1�Qi VMP[�] VMP&�NE]41342� 1Noltars Kluw er Financial Servicas Page 4 nf t�