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2� 1 �� 1112 �. Applicatianof Payments or Proceeds.Except as expressly stated other�vise in this Securi�y Ins�rument�r the Note,al�payments accepted and applied by L�nder sha11 be applied in the following order of priority: First,to the Mvrtgage Insurance pr�miums to be paid by Lender to the Secre�ary or the month�y charge by the Secre�ary inst�ad of the month�y martgage insura�ce premiums; Second,ta�ny ta.xes, specia�assessments, ��a�e�o�d pay�nent�or ground rents,and frre, flvod a�xd other hazard insurance premiums,as required; Third,t�inter��t�ue under the 1�Tote; Fourth,to amortization of the principal of the Note;a�d, F�fth, �d�ate charges�ue�nder th��ate. Any applicatian of payments, insurance proceeds, or Miscellaneous Prviceed��o principal due under the Note sha11 not e�tend or postpone the due date,or chang�the amount,of the Periodic Payments. 3. Fundsfor Eserovv Items.Borrower sha11 pay to Lender on the day Periodic P�.yments are due under the Note,until the Note i�paid ia fu11,a sum(the{'Funds"}to pr��ide for payment of amounts du�fox: (a}t�xes and assessments and oth�r items�hich can attain priority aver this Security Instrument as a lien ar encumbraaGe�n the Property; (b)leaseh��d payments or�round rents on the FroperCy, if any; (c} �remiums for any and al1 insurance required by Lender under 5ection S;and(d}Mortgage�nsurance premiums to be paid by Lender to�he Secretaiy or th�mon�hly charge by the Secretary instead of the monthly Mortgage Insuranc�gremium�.These items are ca�lled"Escrow Items."A�origination or at any t�m�during the term of the Lo�.n,Lender ma�require that�ommunity Association I�ues�Fe�s,and Asses�ments, if any,be e�crowed by Borrower,and such dues, fees and assessments shall be an Escrow Item. Barrower sha11 pro�nptly furnish to I�ender all notices af amounts to be paid under th�s�ectian. �v�-ro�ver s�a��pay£,ena�r��Funds f�r Escrv�Items un��ss Lender�a�ves Borro�er's ob��ga��an�o pay�he Funds far any or a11 Escraw Items. Lender may waive Bonow�r's obligation to pay to Lender Funds for any or all Escrow Items at any time.Any such waiver may only be in.writing. In the�vent of such wa�ver,Barrower s�aal�pay direct�y,when and where payab�e,the amaunts due for any Escra� Items for which payment of Funds has b�en waived by L�nder and, �f Lender requires,sha��furnish to Lender receipts e�idencing such payment�vithin such time period as Lender may require. Borrower's ob�igati�n.to ma�e such payments and to pravide receipts shall for aII purposes be deemed to be a covenant and agreement conta.ined in this Securit}#�nstrument,as the phrase "cavenant and agreement" is used in Section�.If Bonower is obiigated to pay�scraw Items directly,pursuant to a waiver,and Borrower fa�Is to pay the am�unt due for an Escrow Item,Lender may e�ercise its rights under Section 9 and pay such amount and Borro�ver sha11 then be obl�gated under S�ction 9 to repay to Lender any such amount.L�nder ma�revQl�e the wai�er as�o any or a11 Escrow Items at any time b�a notice given in � accordance with Se�ti�n �4 and,upan such r�vocation,Borrower sha11 pay to Lender a11 Funds,and in such amounts�that are then requ�xed under this Section 3. Lender may,at any time,cv��ect and hol�Funds in an amo�nt(a)sufficxent to permit Lender to apply the Funds at th�time specified under RESPA, and��)�at t� exceed�he maximum amount a�end�r can re�uire under RESPA. Len�er sha11 estimate the amount of Funds due on the basis vf current data and reasanable estimates of exp�nditure�of future Escraw Items or otherwise in accordance wi�h Applicable Law. FHA aeed of Trust With MERS-NE �l3012414 Ban�Cers SystemsTM� VMP� VMP4N(NE)[15�fi}.d0 11Volters Kluwer Financial Services Page 5 af 97 q033519�5385 �233 28� 0517