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2� 1 ��5�5 Pa��ts are d�emed received by�e�.der when rec�ivec�at��.e��cat��.designat��it�th�No�e�r a�such �t�1et•laca�i�n as may b�c��signated by�,�nde��n�.�c�rdanc��rith the no�i�e provis��r�s�n Sec��on ��. Le�.der may retu��any paym�nt or pa�tia�pa��ment if�he paymen��r partia�payranents ar�insuf�"�ci�n� t�1��i�.g;�he Laan�urre�t.�e�c�er r�.ay�.ccep�any pa�mex�t ar�ar��a1 paym��ins�ffic�en�t�bri�g�h� Loan�ur�enty�ri��iaut wa�ve�i of�.n�r�.+ights�e��.nder�r pr��u�ice to��s rights��refu�e such paym.e��or part�a��a�ments��.th�futur�,�but Le�der is�ot abli�ated�o a�p��r such pa�m�nts at the tim�su�� p��r�en�s�.��.ccept�d.If�ac��'er�oc��c�'��rm�x�:�is ap��ied as��its sch�dul�d�ue date,t��n Lend�r �e�d no��aa�r�n�eres�an unap�l��d fur�d5. ��nd�r rna��ho�d such u�ap,�l�ed fun�.s un��Bor�-aw�r rnak�� �a�yi�e��s ta b�ix��he L�a�.cu��r�n�.�f Barraw�r do�s r�ot�.�so v�ri�hin a reasan�.��p�ri�d af t�z�e,Lcnd�r shal�e�tk��r app�y such�unds or�et�rcn��.em to�orrav�er.��app�i��.rlier,s�ch fr�x�ds w��b�a��l��. �a��.e outs�an�.ing�rin��pa�balance�nder th�Note��.�.ze�ia�e�y prior�o�oreclosu�r�.No o�fs��or��a�n�. wh��h I3 orr�w��r might hav�noyv or i��t�i�f�.�u�re a�ains�L�nd�r sk�a11 rel�eve B�rra�t�rer fram r�a�i�g �a�rn�.�n�s due under�he�a��ar�d�h�s�ecuri�r�nstrunl��.��x�erforrning�he Go�renan�s a�d agreern�n�s s��raxed by this S�cur�ty Ins�ru.r�n.e�a�. �. Appl��ttivr� �f��ynn�rtt� Q�r Pr��d�. ��c��as ��h�rwis�des��r�b�d in�h�� ec�xan�,�.1� pa.�rmex��s acce��d a��l ap��d�y��nder s�ial�be��1i�d i��h��`o��i�ng�rd�r o�prio�•��r:�a��n��a�es� d.ue und�r t�ie Not�; �b)prin��a�d�e��der��.�No�e; ��)amo��.ts d�xe u��er��t�o�3, ��c�i payx��s shai�l�e�ppl�ed to ea.c�l��r�od��Pay�n��n�he�rd�x��r�i�ch��be��1e d��.Any r�m.a�ning ar.�.o�.n�s sh�.�l�e�.�p1�ed�z•st�a�a�e charg�s, ��cond��any ot�er�.mounts d��u,r�d�r th�s Security�nst�m�n�, a�.d��en t�a redu��the��in�ipa��b�.la��c��f the�a��. I�Len�.�r r�ce��es a pa��t fram�orro��r�or�.delir��uen�F`er�odic Paym�n��uh�c�.incluc�es a su�ic��n� a�nounl:�o��.y any��.��a,r�e due,the pay�m.�nt ma�y b�app�ied�o�h�d.��inc�uent paymen�a�.d t1a��at� charg�.Y�'�nore than one�'er�od�c 1'ayment�s otttstanc�in�;,L,ende�m�.y ap�1y an�r�a�m�n�rece��.from �3or�a�ve��o��ie repa�men��f�he F�r�ad�c Paymen��f,a�d�o th.e e��n��ha�,e�.ch�aaymen�ca�.b�paid �n�i��.. �'o�he��e�.t�hat an��s e��sts a��er the pa�x��r�.t�s app��ed�a�he�i.i1�paymen��ne or rn.o��Per��c�'a�r�ner��,�uch e��s may be a�pli�d�o a�y la��harges du�.Volun�ar�r�rep�.ymen�s sha��l��a��i�d�irst��a��repa�rment ch�.rg�s a�.d then as descr��e�.�n th�No��, A�:�r a��1��a�ia�of p�,yr�.�n��,�nsurance p�oceedsa c�r N�is��.�.eaus Prace�ds��rinci��.l du�u�d�i��he Nate�ha��no�ext��l�.�r�os�one�h�d�e d�.��,�r ch�.n.ge�he�.�r��l��,��k��Pex��di�Payam�n�s. �. �u r��f�� E��w It�r��. Borrow�r shal�p�.y�o i�e�d�r o��he da�Perladi��"a��t��.r��u� unde�r��N��e,��z��he Nate is�a��.��fu��,a�u�n�th�"F�.�ds"}��pr��vide f�r paymer��o�am��n�s c��e �br: �a]�a��s an��ss�ssmen�s and o��er i��ms v�hich can�:�t�,ir��ri�rit�r o�er this Secur��y I�.s�r��n�n�as a li�n ar encun��ran�e an�h�Property; �b)Ie�.�e�.��d payme�.ts ar�rau�xd�e�.z�s on t�e 1'r�p��ty,�f any; ��r��rii�xm�for an�r ar�d a�l insuranc�r+�qu�xec��y Lend�r ur�dex Se��an 5;a�.d�d)Mort�a�e�r��ance pr�miums, �f any,flr any sums p�.y�.i��e hy�or�a�ver t��end�x.in��e�.�f�he�a�mer��of Mar��.ge I�su.��.��e p�rem�ums��accarda.nc�v�ra.��the pro��s��s of 5��1on. ��.T�ese�t�ms aa��al�ed"Es�ro�v ��:ems.,'A�or�g�na�io�z�r a�any�ti�.xa.e dur�ng th��e�.r��he Laa�n,L�nder nlay requ�r��.at�ommun��.y Assocla��on T.�u��,�'ees�a.n�As�essr��r��s,�f any,�b�escrow�d hy Ba�ro�v�ar,and su��.ues,fe�s and a�s�ssxr�ents sha1�b��.n�s�r��xr�.B�rt Qw�z•�ha�l p�arr�pt��r furr�ish ta Len�.��al��ot�ces af�.mou�a�s to�b�pa��1 und�r��is�ectxan. ��rrovver sha��pa�r Le��r�he�unds f��scr��v I�ems u�a.less L�r�d�r �r�.�ves Borrav�er's�abZ�gatiox�t��a�th�I'��.ds fo��a��r a�a�1 Esc�o�r��ea�n�,�under rnay,wa�ve Borr��r��{'� HCFQ-��59 N�BRaS�A•Single Famiiy Fannie Mael�'re�dl�Mac iJN�F�]RM INSTRIJMENT ��a�g�j�� VMP� 07116 W�It�rs FCluwer Finar�cf�!Servic�s 2Q'16��2d15.2.�.3298-J�0�54728Y Pag�4 of'!7 * �� * .._,.._... ..�-