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<br /> L�AN#: PK32'�X1��947888
<br /> 2. �pp�icat�on of�a�ments or Prnce�ds. Excep� as othen�r�se describ�� in �n�s �ectian �, al�
<br /> �a�r�en�s a�c���ed and appli�� by L�nder shall ��ap�lied �n the fo�lo�ing order of priorifi�: �a� �nter���
<br /> due und�r th�No��; �b} �r�nci��l d�e un�er�h��[V��e; ��}�mvun�s due under S�c�ian 3. �u�h paymen�s �
<br /> sha�! ��appl���to�ach per�vd�c�'a}�m�nt in�he���er�n u�h��h i�b�carne due.An�remaini�g a�n�un�s
<br /> sha�l be ap�fied firs�fio �a��charges, second ta ar�y oth�r amoun�s du� under�his Security InstrUm�n�,
<br /> and�h�n fio reduc�the pri�c���1 balance of�h� N��e.
<br /> �f Lend�r r��e�ves a �a�rn�n� fr�m �arro��r for a d�linquen� Peria�i� Paymen� �r�vh��h �r��l�de� a ,
<br /> suff�cie��amount�o pay an}��a��Ghar��d�e,t��p�ym�n�may b�app(ied�a the de�i�qu�n�paym�n�and
<br /> fihe lafi��harge.If more than one P�eriodic Pa��en�i�out�tar�ding,L�nd�r ma�app���ny payment recei�ed
<br /> fr�om Barrornr�r��th�re�a�r��nt vf�he Per�adic Paymen�s if,an�fio�he�xtenfi�hat, each pa�men��an be
<br /> paid in fu[�.T��he ex��n�tha�a�}ex�e�s exis�s aft�r�he pay�er��is applied tv�h�ful!payme��of o��or
<br /> ��or� P�rindic Paym�r��s, su�ch �excess ma� ���p�l��d�o any la�e charges due.�a�un�ary �r��aym�nts
<br /> s��l� b�applie�fi�st�a an� p��paymen�charges and�he� as��scribed in.��e l�ate.
<br /> A�n�appli�a�ivn of p�yrn�n��,i�suran��proc��ds,or��scel[aneous Prac��ds to�fir�cipal due un�er
<br /> the No�e shaii not extend or pastpan�the du�da��, ar ch�r�g��he amou�t, of t�e Periad�c Pa�rment�.
<br /> 3. F`�nds f�r Escrov{r ttem�: gorravv�r shal� p��t�Lender an�he day Per�a��c�a�men�s ar�due
<br /> und�r�he �o��, un��i t�e No�e is paid �n fuil, a su�n �the"Funds"}�a p�avide fvr payr-r��n��f amflunts due
<br /> for: �a}tax��ar��a�ses�ments and ather iter�ns v�h��h can a�#ain prior�f�ave��his S�curi�y Lns�r�m�nt as
<br /> a li�n ar encumbrance�n��te Pr�p��; ��� le�sehold pa�rnen��ar ground rents vn the Prvpe�ty, if any;
<br /> �c}pr���urn�for any and a�l insuranc�requir�d by Lender und��S�cfio��; and�d}�ortgag��nsuranc�
<br /> prerr�iums,if an�,ar�n�sums paya��e by Bo�raw�rt�Ler��er in li�u of�he payrn�n�of lliiortgage�n�urance
<br /> pr�rr��ur�ns in accv�danc��v��h �he p�avisi�r�s �f S�c��ar� 1 D. Th�se i�err�s a�e �afl�d "Escrav� I�em�."��
<br /> origir�a�iQn ar a�an��i�ne during������m of�h� Lo�n, Lender may req�ire�hat C�mmun�ty►�ssocia�i�n
<br /> Q��s� Fe�s, and Ass�ssments, if any, be es�ro�red by�flrr�r�ver, a�d su�ch dues,fe�s and ass�ssm�nts
<br /> shall be an Escra���em.B4rroEnrer shall pramp�i�fu�nish t�L�nder a�l nv�i�es af amoun�s ta�e pa�d under
<br /> �nis S���ion. Borro��r sha�! pay L�nd���n� Fur�ds for E�crav�r l�ems unless Lend�r�raive� Borrov��r's
<br /> o�li�a��on��pa��n� Fun�s far an��ar all Escrov���erns. Lend�r r�a�v�ai�� Barr�v�rer's�bligativn�o pay
<br /> �� L�nd�r Fund�far any�r a�1 �s�r�vv�t�ms a�any�im�.Any su�h�raEver rr�ay only be in�ri�ing. [n�he
<br /> eWen� af such �nrai�er, Bar��v�er�hail pay dir�c��y, when and �I��re pa�abl�, �h� ar�aun�s d�e for any
<br /> Es�r�� item� for�rhi�h pay��r�t �f Fund� ha� b��n �ra�ved b� Lender a��, if L�r�d�� requir�s, s�hal!
<br /> furn�sh �o Lender r�c��pts eviden�ing s�ch payrri�n��r�thin s��h tir�� p�eri�d as Lend�r ma� r��quire.
<br /> Bo�rro�nier's a�al�ga�ivn��mak�such pa�men�s and�o pr��ri�e rec�ip�s st�al�f�r a�! purpases be��er�ned
<br /> to �e a �a�enan� and agr�er�en� c�n�ained in �his S�curi�y Instrum�nt, as the phras� "����nant and
<br /> agreemer���' is used in �ection �. �f B�rra�er is o��i�a��d to pa� ��cr�� ���ms d�r�c�ly, pursuan�to a
<br /> wa�v�r, and Borro�rer fai�s tv pay the a�ount due far an Es�ro� I��r�, Lender �ay �xercise ��s righ�s
<br /> �nder S�ctian 9 and p�y su�h �mvun�and Borrow�r sha�� �h�� b� abligated under S�c�ian � �o r�pa�
<br /> �a Lender any such a�noun�. L�nde��nay re��k��h�v�aiv�r as�o any ar a�� E�cro�f�ems a�an���me by
<br /> a na�ice g��en in a�cardanc�v�ith S�ectian �5 ��d, upan �uch re�oca�ion, Borrvv��r shalf pa�r�o Ler�d�r
<br /> all Fun�s, �nd in ��c� �m�un�s, tha��r�then reg�ir�d under�his Section 3.
<br /> Lend�r may,��any�im�,ca��e��and ho�d Fur�ds in an am�un��a}su�ric�en�ta��rmi�L�nd�r�a ap���
<br /> fihe Fund�a��he tim�s��cifi�d u�der R��PA, and �b}nat���xce�d���max�rn�m ar�aunt a ler�d�r can
<br /> r�quire un�er RE���4. Len�er s�alI es��ma�e�he amoun�af Fu�ds du�on�he b�s�s�f�urr�n�da�a and
<br /> rea�or�abie e�t�ma�es vf�expendi�ur��af fu�ure Es�ro�►�r It�ms��vt��n�ris��n�ccordan�e vvi��Applicable -
<br /> L��.
<br /> T��Funds shall be heid�n an ins�itu��vn�rhos�d�pasi�s ar��r�sure�by a fed�ra!agency,ins�rum�n�a��fiy,
<br /> ar ent�ty �includ�ng Lender, if Lend�r is an ins�i�u�ian �hos� depvs�ts are so insured} or in an� Federal
<br /> Hame Laan Bank. L�nd�:esha�l appl��he Fur�ds�a�ay�h�Es�row I�erns n�la�erthan�h��im�s�ae�ified
<br /> unde�R�SPA. L�ndershall na�ch�rg�garr��rv�rf�rha�din�and apply�ng��e Funds, annuall}�anaiyzEn�
<br /> �he escra�v��c�unf, or v�rif��n�f�e E�cro���ems, unless L�nd��pays Bo�r��,rer in��res�on the Fund�
<br /> and��ap�i�able La�p�rrni�s Lender to r�nake such a c�ar�e. Un��ss an ag�eemen�is r�r�ade in wri�ing or
<br /> �ppli�able La�requir�s in�eresfi�o be paid on�he Funds, Lender s�all no�b�e r�qu�red ��p�y �orr��r�r
<br /> any interest�r�a�r���gs an the Funds. Barr�w�r and L�nd�r�an agr��in�vr�tin�, ho�nre�er,tha�int�r�st
<br /> sh�l� �e paid �n t�� Funds, Lender shai� gi�re to B�rrov��r, �r��hou��harge, an annual ac�aur���n� of the
<br /> Fun�s as �equi��d by RES�'A.
<br /> if�her� is � surplus �f Funds n��d ir� �scro�, as de�n�d ur�d�r RESPA, L�nder sha�� a�count �o
<br /> Bar���er for�he excess funds in accnrdance�i�h�E�PA. �f�here is a shortag�of Fun�s hel�in�scr��,
<br /> as d�fin�d�nd�r�ESPA, L�nder sha��na��fy Barro�er as r�q��r�ed by RESPA,and B�rrower shall pay��
<br /> Lendert��arnoun�n�cessary�o mak�up�he shart��e ir��cc�rdance�ri�h RESPA, bu��n nv mare�han
<br /> ���onthly�Oaym�n�s. [f��ere i�a defici�ncy�f Fu�ds held�n e�cra�,�s define� undee RESPA, Lend�r
<br /> sha�l na�ify Bvrr��r�r as req�ir�� by RES�A, a�d �orr��v�r shall pay�fl Lend�r�he amoun� ne�essary
<br /> ta m�k� up���deficienc� �� accardance v�r��h RESPA, but in no �nar��han �� rr�ar��h�y payr�en#s.
<br /> �Jpon �ay�en�in fu[I of all �ums secur�d b��his��cur��y �nstrum���, L�nder�ha�i prvm��i�1 r�fur�d
<br /> to Borro�rue�any Fund� he�� ��1 Lend�r. �
<br /> �4. �harges; Liens. B�rro��r s�a11 pa� a�� taxes, a�se�smen��, c�ar�e�, �nes, and impasitivns
<br /> a�tri��table ta the Prop�rty�rv�ich can a��ain p�iari#y ov�r th�s �e�uri� �ns�rum���, leaseh�id paymen�s
<br /> NEBRAS�CA--Sing��Fam��y--F�nnie�lael�redd���ac UNIFQRII�INSTRU�IIEN�'�c�rm 3a�81���
<br /> El�ie Mae, inc. Page 4 of'�'I NEEDEED ❑3'�5
<br /> NEEDEE❑�CLS}
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