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2� 1 ��3239 �. Applicati�nof Paym�nts�r Prac�ds.Except a�atherv�ise�es�r�bed�n this Section z, al�paymen�ts acc�pted and appl�ed b�Lender shall be applied i.n th�following order of prior�.ty: �a}interest due under the Note;�b)pr�nc�pa�due under the Note;�c}amount�due under�ecti�n 3. Such payments shall be applied to each Peri�dic Payment ia the arder�n which it became due.Any remaining amaunts�hall be app�i�d fu�st to �ate charges,s�eand to any other amaunts due under this Security Instrument,and then to reduce the principal�alance of the Note, If Lender rec��es a pa�ment fram Borrower far a delinquent Peri�dic Payment�vbi�h includes a sufficient amount t�pay any late charge dues the payment may be app�ied to t1�e delinquent ga�ment and the�ate �harg�, If mare than one Periodic Payment�s vuts�anding,Lender may apply any payment received from Borro�ver to the repayment af th�Periadic Paym�nts�f,and tv the extent that, each gayment can be paid in fixl�.Ta the ext�nt tha#any excess exists a�er the payment is app��ed to the full payment of�ne ar mare Periadic Payments,such excess may b�applied to any Iate charges due.Volunta,ry prepayments shall be appl�ed fi�r�t to any prepayment charges a�.d then as�eseribed in th�Note. Ar�y application of payments, �nsurance praceeds,ar Miscellaneous Proceeds to principal due under the Note sha��not ex�end or postpone�he due date,or change the amaunt,of�he Periodic Paymer�ts. 3. Fundsfvr Escrvw ltem�.Borrower shall pay to Lender on the day Periodic�ayments are due under th� I�ote,until the Note is paid in fu11,a sum�the "F�nds"}to provide for paymen�af amounts�1ue f�r: (a}taxes and assessments and other�tems which can attain pr�vrity over this Security Instrument a�a lien�r encumbrance on the Praperty; (b}leasehold payments ar ground rents on th�Propert}�, �f an�;[�}premiums f�r any and all in.surance required b�Lender under S�ction�;an��d}Martgage Insura.nce pr�miums�if any, or any sums payab�e by Borrower t�Lender�n�ieu of the payment of Mortgage Insurance premiums in accordance��th the pro�visions of Section �0. TheS�it�ms aare cal�ed"Escr�w Items."At�rigi�ation ar at any time during the term of the Loan,Len.der may require that Communit}�Association Dues,Fees,and Assessments, if any,b�escrowed by Barro�ver,and such dues, fees and assessm�nts sha11 b�an Escrow It�rn. B�rrower shall prompt�y furnish to Lender a11 n�tices of amoun�s to be pa�d under this Se�tion. Banow�r sha11 pay Lender the Funds for Escrow It�ms unless Lender waives Borrower's obligation to pay the Funds for any or a�l Es�ro�It�ms. L�nder may wai�e�orrower's obligatian to pay to Lender Funds for any or alt Escro�Items at any time.Any such�vaiver may oniy be in writing. In the event of such waiver, Borrower shali pay duectly,�vhen and where payab��,the amounts due for any Escrow I�em�for�v�.�ch payment of Funds has been�vai�ed b�Lender and,if Lender requ�res, shall furnish to Lender receipts e�idencing such payment�rithin such time period as Lender may require. Borraw�r's��igation to mal�e such payments and to pro�ride receipts sha1�for a��purposes be d�emed t�be a covenant and agreement contained in t�is 5eeurit�r Instrument,as the phrase"co�enar�t and agreement" is used�n Sec�ion 9. If �orrower is ob�igated ta pay Escro�r Items directly,pursuan�to a wa�ver,and Borr�wer faiis ta pay the amount due for an Escrow Item,Lender may e�ercise its rights under Section�and pay such amount and Borrawer�ha11 then be o�ligated under Sect�on 9 to repay to Lender any such amount. Lend�r ma�re�ak� the waiv�r as ta any or all Escro�v Items at any tirne by a notice giv�n in accordance with Section 15 and, upon such revocation,Borro�v�r shall pay to Lender a�1 Funds,and in such amounts,that are thea re�u�red under this Section 3. L�nder may�at any�ime,col��ct and hald Funds in an am�unt(a}sufficient to permit Lender to app�y the Fun.ds at the time sgecified under RESPA,and�b�nat to exceed the maximum amount a lender can require under RESPA.L�nder sha��estimate the am�unt of Fun.�s due on the basis of current data and reasonable estimates of expenditures of future Escrow Items or otherwise in a�cordance with App�icab��Law. NEBR�I,SKA-Single Family-Fannie MaeJFreddle Mac UNIF�RM INSTRUMENT WITH MERS Fnrm 3D281f�1 VMP� VMPSA{NEj(13U2}.4i� Waiters Kluwer FinancE�i Senrices Page 5 of 1?' q4335618239$ 4� 3 371 �51