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2� 1 ��7457 <br /> vv�lose d�posits are insured by a federal a��ncy, instr�,�rne��tali�y, or enti�y; �r�d} Llcct�-Un�� F��p�s <br /> rrI"al�Sf�t'. <br /> Payrnel7�s are de�med received by Lende�•��v��e�� r�cei��d at�l�c� loca�i��� d�si���dt�d �t� t��� Note�t- <br /> at s��ch other lpcati�n as znay be�esi�nated by L���i�e�� i�� accordar���.� with t���: r�c�tic�: ��-�vi5�c�ns ii� <br /> S�ct�on t 5. Le��der tnay r���.�rn a��y pay�-ner�t ar pG��•tia� pay���er1� if�hc pay�ne��t or partid� payrr�et7ts at�c <br /> insuffic��nt ta bri��g tl�e Loar�t c��rr,�tzt. Le��de���nay ac�:ept a��y pay���ct7t or partia� pay����i�t i��s�.�f�ici�n� <br /> to bring�he Loa��c��r�-ent, w�t��out v�a��er oFany rights��ere�ia�det�or�rej��dice to its r��f7�s t� ref��s� <br /> sL�cl� payment or partial paym��-��s t��the fL�tur�, b�.it Lender is ��ot obli�a�ed t� apply s��cl� payr�e��ts a� <br /> the ti�ne s��ch payxr�e��ts dre acceptcd. �f eac:�� �'e�•io��ic �'ay�ncnt �5 applied a5 of its sched����d d��e da��, <br /> th�r� I��z7der��eed ���t pa.y interest on unapp�ied fu��ds. L���d�r�nay ho�d s��c�� ��x-�app1 i�c� T�it�ds �E���il <br /> Borrt�w�r makes pay�nents to �rrn�;tl�e Loan cu��r���t. If�3arrc�wer docs n��do so w�t�1i�� a rcasoi7able <br /> period of tij-ne, Le�der s��al� ei�her apply s��cl� f����ds or ret��rn tl�e�r� tc� �3arror�ver. �f��at a� l icd eari i�r, <br /> �� <br /> such funds w��i be appl ied�a ih� au�stand i t����-i nci pal bal a��ce �.����er���c Not� i in incd i a�cly pt�iU�- <br /> to for�clos��r�. No offs��o�"���11`I7 W�1IC:�`1 �UI��-ow�'I'1�I71��7�: �`�e1VG 17C3'VV t3�• i�7 tl�e �-�rt�zx,�: a�;��i���t I��i�c���, <br /> sha�l r�lieve ��orrnruer f�z�aln �7�ak��7� payt�len�s d�.ic �inc�cr thc�ot� d��d t��i5 Scc�.���ity I�7��r�.�i���;nt ��- <br /> perfar�n��������c�or��na��ts ar��d a�;recrnet�ts scc��red by t��is 5�c�trity l�-�str�zl�n���t. <br /> �. App�i�at��r� of P��m�r�ts v�r Prac�ed�. �:xcc�p�as �th�rwise d�scribcd ir� tl�is �ec�ic��i 2, <br /> aIl pay��nents acc�pted �nd app�ied by Le��d�r shal� b�applied in �I�e fa�Io�ri�-���rder of pri�rity: <br /> (d} in��rest due under tl�e Nate; �b} princ�pal d�.ze ��t�der tl�e N�tc; ��:� d17]UL1I1t5�LIC L11�d�I"S�C'�.1U11 �. <br /> Such pay��ne��ts shall be appi�ed to each Yer�o�ic 1'a�iner�t i���he order it1�vl7ich it beca�n�du�;. �ny <br /> remaining ama��nts s11a�1 U�applied �(irst�o la�e c;���rgc�s, sccond tt� any��her amo�rnts d��e �znder this <br /> 5ecuri�y Instrumei�t, and�1���1�o red��c�tl�e pri�zc�pal balance of t��e Nat�. <br /> �f L�nder receives a payi�ent from �3arr�r�vet�fc�r a c��lia-�q��er�t �'e�•io�ic �'aylnL��� 'VV��IiL:�� 11�[:�LlC�LS c� <br /> suffic�et�t ama��n�to p�y an�f lat��:11a�-�;e d��e, �1�� payrn�:��t �nay �� ap�li�d tv tl�� c�cl���c����,l��t pay����r1t <br /> and the lat� cl�arge. If mor�tl�at� U��e Ncri��di�: Nay�7�e��� is o�.ztstat7c�it��, L�cl�der ma�� a����ly any pay���ent <br /> recei�ed from �3or-rornrer�o t��e z•epayme��� �f�l�c �-'�t�ioc�ic Yay�n���ts i�; and tc�tl�e �xt���t tl�at, �a�l� <br /> payme��t�an be paid i�� f��l�. `I,D��1� �Y��'1�� ��7`c��clI`]y C'.hC:�SS LX15t5 cl�t�'1'��1� �]dy11��I1� 1S c]p�7I1Lt� �:�] t��� <br /> full p�ym�nt�f o���or�-��ore �'e�r�odic 1'ayi���i�ts, �u�h �xcess tnay b�:dpp�ied to any latc c��ar��s duc:. <br /> Vo�����tary prepayin�i�t� shdll b� appIied f��•st�c� dny pr�p�y�ncnt cl7arges at�d the�� as c�cscx•ib�d i�� th� <br /> N o�e. <br /> �ny ap�lica�ion of paym�r��s, �t�s��ra��c� prc��c�ds, or M�scel la��co��s �'r�cec�ds tc� p�•i i�cipa� d��e ��i�c�er <br /> th�Note shall �Zo��xte�-�d or po5tpot�e tl�c���e d��e, or cl�ai��;e the aino�z��t, of tihe Y�ri�dic Naytr�e��ts. <br /> 3. Fund� fvr E��rQ�urr It�r�s. �3or-row�r���all pay t� Ler�c�er���tl-�� c�ay Ycr�c�dic i'ay���7c�7ts �t�� <br /> ��.ze under the N�te, un�il the Note is paic� iz1 �-�.r11� a s�.��n �tl�� "��������5"}to prc��vide f�r payi7����t��ry <br /> ai�nounts d�.�e for: �a}taxcs ai�d as�ess�����ts a��c� oth���� itetns �vhic�� �;an a��air7 pric�ri�y c��cz�tl�is 5ccu��i�y <br /> I��str��me���a� a 1�e���r encutnbrat�c�0�1 t��� �'ropet��, �b} leas�ha�� paymt���ts�x��ro�.���c� re��ts ot� <br /> th� �'roperty, if any; �c} premi��tns foz•ar�y a��d all i��s��rance r�;q��ired by Ler�der u��dcr Sec�ioi� 5; <br /> at�d�d� Mart�age Insu�a��ce premi�z�ns, if any, or dny sun�s payable by �3o�-rc��ver t� Lcndcr i�� li�u <br /> of�he p�yme��t�f ll�ort�a�;e I��sr.�ra���e prem�uins ii� accorddnce wit���he pra�isio��s of��ctioi� l�. <br /> Tl�ese items are cal�ed "EscrUvv �tetns." �t ari�;it�a�ia��o�•at any �ime d�rrin�;�l�e ter�r� oF�he Laa��, <br /> Lender��ndy re���ire tl�at�otn��n�.zr�ity Asso�iat�on I��t�s, �4ecs, �r�d .�15sess������t5, if'ar�y, 1�c cscro�v�� <br /> f�C;FG-d�359 <br /> NEf3f�ASI�CA-5ingl�Family-�'annie MaelFr�ddie Mac UNRFUf2M INS�i f�UME�N�I f�orm:3U��3�1�1 <br /> VM P� 0�11� <br /> W�kte�s Kluw�r�ir�ar�ci�l 5ervice� ��1�i1D�81a.3.�.3�D3-,i1��6����Y €���c�E��r�i 17 <br /> '?.1U1�1�951F����` <br />