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2� 1 ��27�9 � �. ►�tppi��at�o�of Payments ar Prace�ds.Except as otherwi�e describ�d�n this 5ection 2, all payments accepted arad applied by Lender shall be applied in the fol�owing arder of priority: ta)�nterest due under the Note;�b}principal due und�r the Not�; (c�amounts due under Section 3. Such payments shal�be app��ed ta each Periodic Paym�nt in the order in�vhich it became due..A�y remaining amounts sha11 be applied first to �ate charges,secoad to an�o�her amounts due under this Security Instrument,and�hen to reduc�the principal balance af the Note. If Lender receives a paymeat from Borrow�r for a delinqu�nt Periodic�ayment which includes a sufficient amaunt to pay any�ate charge due,the payment may be applied�o the delinquent payment and the�ate charge. If mar�than one Peri�dic Payment is�utstan�ing,Lender may apply any payment received�rom Bonower to the repayment of the Per�odic Fayments�f,an�to the extent th�t, eac�payment can be paid�n furt.Ta the extent that any�xcess exists after the payment is applied to the full payment�f one or mvre P�riod�c Payments,such excess may be apptied to�ny late charges due.Volun.tary prepayme�ts sha�l�e appli�d first to an�r prepayment charg�s and then as described in the No�e. Any applicatian of paymen�s, �nsurance proceeds,ar Miscellaneous Proceeds to principal due under the Note s�a��na�ex�end ar postpone�he due date,or chang��he amour�t,of the Perxad�c Payments. 3. Fund�fvr Escrow�t�ms.Borrawer sha11 pay to Lender on the day Periodic Pa�men��are due under the Note,until the Note is paid in fu11,a sum�the "Funds"}to pro�ide for payment of amounts due for: (a}taxes and assessmen�s and other i�ems which can att�in priority�ver this�ecurity Instrument as�tien ar encumbrance on the Property; (b�leasehold paymen�s�r graund rents an the Property, if any;(c)�remiums for a�y and a��nsurance required b�Lender uader Sectivn 5;and(d)Mortgage Insur�.n.c�premiums,if an�r, ar any sums payable by Bvrro�ver to Lender in lieu af the payment of Mor�ga�e Insurance premiums in accordance w��the provis�ons of Section 1�. These rtems are called"Escrativ Items."At origination or at any time dur�ng�h�term of the Loan,Lender may requi�e that�ommunity Assaciation I�ues,Fees,and Ass�ssments, if any,be escrowed by Borrawer,and such due�, fees and assessments sha11 be an Escrow Item. Borrower shall pramptly furnish to Lender a11 notices of amounts to be paid under this S�ction. Borrower sha11 pay Lender�he Funds f�r Escrow I�ems un�ess Lend�r�vaives Barrower's obligation ta pay the Funds for any or a11 Escrow Items. Lender may�vaive Borrower's obligation to pay to Lender Funds for , a�y ar all E�crow�tems at any time.Any such wai�rer may�nly b�in writing.In the event of�uch waiv�r, �orrow�r�ha11 pay d�rectly,when and where payable,the amounts due fQr any Escrow Items for wh�ch payment of Funds has been�vaived b�Lender and, if Lender requires,shal�furnish to Lender receipts evidencing s�ch paym�nt wi�h�n such t�me periad as Lender may require. Bar�rower's obligation ta make such payments and to pravide receipts shal�for a11 purposes be d�emed to be a covenant and agreement contained in this�ect�rity Instrument,as the phrase"covenant and agr�ement" is used in Section 9. �f Borrower is obligated to pay Escrow�tems directly,pursuant to a wai�er,and Barr�wer fails ta pay the amoun�due for an Escrow I�em,Lender may exercise its rights under Section 9 and pay such amount and Borrower sha11 then be obligated under Sect�on 9 to repay to Lender any such amount. Lender may revo�e the�aiver as to any c�F al�Es�ro��ems at a�.�t�me by a not��g�v�n�n acc��t�ance��th Sec��or� �5 and, upon such revocation,Borr�wer shali pay to Lender a1�Funds,and in such amounts,t�at are th�n required under th�s Sectian 3. Lender m�.y,at any time,coll�ct and hold Funds in an amount(a)sufficient to permit Lender to apply the Funds at the tim�specified under RESPA,and�b)not�o exceed the maximum amount a lender can require under RESPA, Lender sh�.11�st�mate the amount of Funds due on the bas�s of current data and reasonable estimates of expenditures of future Escr�w Items or�therw�s�in acGordance vvith Appl�cable Law. NEgRASKA-5ingle Famfiy-Fanr+ie MaelFr�eddie Mac UNIFQRM�NSTRUMENT WITH MERS Form 3D28 1f41 VMP� VMPfiA[NE}(1342}.44 Wotters Kluwer F�nancia!Seni�ces Page 5 of i� �03355�8��11 ��33 2�2 451�