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2� 1 ��5�52 �. Applicationaf Paymsnts ar Proce�ds,Except as expressly stated otherwise in th�s Security Instrument or th�Nate,al1 paymen�s accepted and applied by Lender shall be app�ie�in the follawing order of priority: First,to the Mortgag�IasuranGe premiums to be paid by Lender to th� Secretaay or the monthly charge by the 5e�retary instead�f the monthly m�rtgage insurance premiums; Second,to any taxes,special assessments, leasehold paymen.ts or ground rents,and f�re, flood and other hazard insurance premiums,as required; Third,to i�t�rest due under the Note; Fourth,to am�rti2ation of the principal of the Note;and, Fifth,to late cha.rges due under the Note. Any apptication of paym�nts, insurance proceeds,or Miscel�aneous Proceeds to principal due under the Note shall not extend or postpon.e the due date,or change the amount,vf the Periodic Payments. 3. Fundsfflr Escraw ltems.Borro�ver shall pay to L�nder on the day Periodic Payments are due un.der the No�e,until the Note is paid in full,a sum�the "Funds"}ta provide for payn�er�t of amounts due far: (a}taxes and as�essments and other items which can attain priori�r o�er this Security�nstrument as a tien or encumbrance�n the�'roperty; (b}leasehold payments or ground rents on the Pr�perty, if any; (c} premiun�s for any and all insurance required by Lender under Secti�n 5;and(d)Mortgage Insurance premiums to be paid by Lender to the Secretary or the monthly charge by the S�cretazy instead of the monthly Mortga�e Insurance premiums. These items are eal�ed "�scra�It�ms."At originatian or at any time during the term of the Loan,Lender may require that Community Associa�ion Dues,Fees,and Assessm�nts, if any,be escrow��by Borrower,and such dues, fees and assessments sha11 be an Escrow Item, Borrower sha11 promptly furnish to Lender a11 natices nf amoun.�s to be paid under this Section. Borrower�ha11 pay Lender the Funds for Escro�v Items unless Lender wai�es Barrower's obligation to pay the Funds for any or a11 Escro�v��ems. Lend�r may waive Borrav4r�r's obtiga��on to pay to Lender Funds for any or a.11 Escro�v Items at any time.A.ny such waiver may anly be in writing.In the ev�nt of such�vaiver,$arrvwer shall pay directly,when and�vhere payable,the amounts due far any Escrow Items for which payment of Funds has been tivaived by Lender and, if L�nder require�, shal�furnish to Lender receipts evidencing such payment within such t�me period as Lend�r may require. Barrower's abli�ation to mal�e�uch payments and to provide receip�s shall for a�1 purposes be de�med to be a covenant and agre�ment con�ained in�his Seeurity Instrument,as the phrase"co�enant and agreemen�"is us�d in Section 9. If I3orro�ver is obliga�ed�o pay Escravv Items directly,pursuant to a waiver,and Bonower fails t�pay the amount due far an Escr�w Item,Lender may exercise its right�under Sectian 9 and pay such amount and$onower shall�hen be abligated un�er Sectior�9 t�repay to L�nder an�such amount,Lender may revoke the waiver as�a any ar a��Escrow Items at any tirne by a natice gi�en in accordance with Sect�on �4 and,upan such revocati�n,$onower sha11 pay to Lender a11 Funds,and in such amounts,that are then required under this Section 3. Lender ma}�, at any time, collec�and hold Funds in an amount(a)sufficient to permit Lender t�apply the Funds at the tirne sp�cified under RESPA, and�b}not to exceed the maximum am�u�t a lender can require under RESPA. Lender shall estimate the amount of Funds due on.the basis of current data and reasonable estimates of�xpenditures af future Escrow Items or otherwise�n accordance with App�icable Law. FHA Deed af Trust With MERS-NE 91�012414 Bankers SystemsTti+ VMP� VMP4N[NE��15�]AO Wolters Kiuwer Financial Services Page 5 of 1? q�3359766f85 4233 367 �517