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: 2� 1 ��7�25 to hring the Laan�urrent. Lender may acce�t any payment or partial payment insuf�'icient to bring the ; Laan current,without wa��er of any rights hereunder or prejudi�e to its rights to refuse such payment or ' partial payments in the future,but Lender is not o��igated to apply such payments at the time such payments are accepted.If each PeriodiC Payment is applied as of its scheduled due date,then Lender need not pay interest on unappli�d funds.Lender may hald such unapplied funds until Borrower makes payments to br�ng the Loan current.If Borrvwer does not d�so within a reasonable period of time,L�nder sha11 e�ther app�y such funds ar return th�m to Borrower.If not applied earlier,such funds wil�be applied to the autstanding principal halan�e under the Note immediately priar t�foreclasure.No offset or cla�m which Barrawer might ha�e now ar in the future against Lender sha�I rel�e�e Borrow�r from making payments due under the Note and this Security Instrument or performing the co�enants and agreements secured by this Security Instrument. 2. Appl i�ation of Payments or Proc�eds. Except as otheY-vvise described in this Section 2,al� payments accepted and applied by Lender shall be a�plied in the following order of priority: �a}interest due under the Note; (b}principal due under the Note; (c}am�unts due under Section 3. Such payments shall be applied to each Periodic Payment in the arder in which it became due. Any remaining amounts shal�be applied first to late charges, second ta any ather amounts due under this Security Instrument, and then ta reduce the princ�pa�balance of the Note. If Lender receives a payment fram Borr�wer for a de�inquent Per��dic Payment which includes a sufficient amount to pay any late charge due,the payment may be applied to the delinquent payment and the late charge.If more than one Periodic Payment is outsta.nding,Lender may ap��y any payment recei�ed from Borrov�er to the repayment of the Periodic Payments if,and ta the extent that,ea�h payment can be paid in ful�. To the extent that any excess exists after the payment is app�ied to the fu�1 payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments sha11 be appl�ed first to any pr�payment charges and then as de�cribed in the Note. Any applicat�on nf payments, insurance proceeds,or Miscellanevus Praceeds to principal due under the Note shall not extend�r postpone the due date,or cha.r�ge the am�unt,of the Per�adic Payments. 3, F u nds for Escrow Items. Borrower shall pay ta Lender on the day Periodic Payments are due under the Nate,until the Not�is paid in full,a sum(the"Funds"}ta pro�ide for payment of amounts due far: �a}taxes and assessments and other items which ca.r�aitain priority o�er this Security Instrument as a�ien or encumbrance�n the Praperty; �b}leasehold payments ar ground rents on the Property, if any; �c}premiums for any and all insurance required by Lender under Section 5;and(d}Mortgag�Insurance premiums, if any,ar any sums payable by Borrower ta Lender in lieu of th�payment of Mortgage Insurance premiums in a�cordance�vith the pro�isions of Section �0. These items are called "Es�row Items."A�originati�n�r at any time during the term of the Loan,Lender may require that�ommunity Assoc�ation Dues,Fees, and Assessments, if any,be escrowed by BorraWer, and such dues, fees and assessments shal�be an Escrow Item.Borrower shall pramptly furnish to Lender a11 notices af amounts to be paid under this Section.Borrower shall pay L�nder the Funds for Es�row Items unless Lender wai�es B�rr�wer's obligation ta pay the Funds for any or all Escraw Items.Lender may wai�e Barrower's obligation to pay to Lender Funds for any ar all Escrow Items at any time.Any such wai�er may only be�n writ�ng.In the e�ent of such vvai�er,Borrower shall pay direct�y,when and vvhere payabl�,the a.mounts due far any Escraw Items for which payment of Funds has been wai�ed�y Lender and,if Lender �138827543 , 11115 VMP� Wolters Kluwer Financial Ser�ices 2016�0311fi.1.0.3537-J2�1fiD219Y fnitials: Page 4 af 17 *