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2� 1 ��2595 Laan�urrent,without waiver of ar�y rights hereunder ar}�rej uclice t❑its ri�hts to refuse such payment or partia�payments in th�future,but Le��der is rlot nhtigated tc�apply such pciyments at the tim�such paymet�ts are acc�ptcd.�f each I'�;r�adic Payment is app�ied as ni�its sc��eduled du�date,then Le��der need nnt pay interest on unapp�ied fu��ds.Lender may hnid suc��unapp�ied funds until Borrower mak�s payments to bring the Lnan�urre��t.�f Borrower daes not d�so within a reasonable period af time,Lender shall either app�y such funds or return them ta Borrawer.�f not applied earlier,such funds will b�applied ' to the outstanding princ�pal balance under the Nate immediate�y prior to fareclosur�.No af�set or claim which Sorrower mi�;ht ha�e now or in the future a�ainst Lender shal�relie�e Borrnw�r from making payments due under tl�e Note and tl�is 5ecurity Instruznent ar performii��the ca�enants and agreements s�cured by this Secur:ty In�trument. �.Application of Payrn�nts ar Proceeds.Except as otherwise described in this Se�tion 2,all paym�nts ac�epted and appl�ed by Ler�d�r sl�all be applied in tl��fnl�awing order af priority:(a}interest due undcr the Nate;(b}principal due under the Note;�c}amounts due under Sectio2z 3.5u�h payt7lents sha�l be applied to eac��Ner'radic Pay�ne�lt�i�the order in w�lich it became due.Any r�mainin�,amnunts sha�l be applied first to iat�charges,seconc�to any other a�r�ounts duc u»der this 5ecurity�nstrumcnt, and then to reduce thc princip�l balanc�of the No�e. If Lender r�ceives a payment f=rom I3orrower tor a de�inyuent Periodic Payment which includes a sufficient amaunt ta pay any late charge due,the payment may be applied tfl the delinquent payrnent and the late charge.!f mnre than oa�e Periodic Payment is t�utstandin�;,L�nder may apply any paym�nt recei�ed frorn Borrower to t��e repayment af the Periodic I'ayizlents if,a�1d to the extei�t t�lat,each payment�an lae paid �rl full.Tn the exte��t t��at atly excess exists atter tlie payi�-�e�1t fs app�ied tn t��full payrnent of ane or more Periodic Pay�ne��ts,sucl�excess may l�e applied to any late char�es due.Voluntary prepayment5 shall be applied first to any pr�payment charges and then as described in the Note. Any application af payments,it�surance proce�ds,or Misce�laneous Prnceeds to principa!due under the Note sha�l not�xtend or postpone the due date,or change the amaunt,of the I'�riadic�'aymepts. 3. Funds for Escraw Items. Bnrro�er sha�I pay to Lender nn the day 1'eriodic Payments are due under the Nnte,untt�the IVote is paid in full,a�u�n�t��e"Funds"}to pro�ide for paymeilt�f amourlts due far:(a}taxes and assess�nents and other items which can attain priority aver this Security�»strument as a lien or en�umbrance on the Nrop�rty;�b}Eeasehold payments nr ground rents�n th�Praperty,if any; (c}premiums for any and all insurance required by Lender under Sectian 5;and(d}Mortgage Insurance premiums,if ai�y,vr any sums payable by Borrower t��Lender iil lieu af the payrnent of Mort�age lnsurance premiums in accordance with�he prn�isions of 5ection 1�).These items are called"�scrovv Iterns."At nri�inat�an or at any time during�he terrn�f th�Loan,Lender may requi�-e that C�mmuni�y Associatinn Dues,�ees,and Asses�ments,if any,be�scrc�wed uy Bnrrower,and s4�ch dues,fees and assessment�shail be an Escrow Item.Borrower shaii promptly furnish ta Lender al�notices of amounts t❑be paid under this Sectio3�,Bor�-ower sha�l pay Le�ider the Funds fnr Escraw��ems unless Lender wai�es Borrower's❑bj i�ati�n to pay the Fu�lds for any ar all Escr�w Items.Lender may wai�e Lor��wer's ❑bligation to pay to 1.ender Funds for any or al�Escraw lt�ms at any�ime.Any such wa��er may nnly be in writi�l�. i�7 the��er1t af suc�l wai�er,�3orrower shall pay dire�tly,when a��d where payable,the amounts due fnr any Escrow�tems for which payment nf�=unds has l�een waived by Lender and,�f Lender requires,shall furnish to Lender receip�s e�idenci��g such paym�nt within�uch time periad as Lender �tias��z�� ii�� VM P� Wolters Kluwer Financial 5ervices 2�1b0�l2015.1.0.3�12-J2D151124Y Enitials: Page 4 of 17 " P 1146552655 D233 11 '