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2� 1 ��812� <br /> �.���v�: �ao��s�������o <br /> �, Appli�ati�an c��l���nn���t� �r Pr����ds. Exc�pt �� �th�n�vis� ����r�b�d �n th�s �ection �, �II <br /> pay��r��s accepted�nd a��lie� b�Len�e�sh�l� be appl��� in the�a�lo�in�c�r�e�o����v�-i�}�: �a} ir���r�s� <br /> du�under�h�����; �b��rir�cipai�ue und��the N��e; �c}��ou�����e und�r���tia��. �u��payr�en�s <br /> s�all b�appli�d��ea�� �'�r'iadic����m�r��in the�rd�r in wrhici� it�e�am��ue.�n�����in�ng am�unts <br /> sh�ll be�p�lied first�o I������rge�, ��c�r�d t��ny�th�r�r��un�� �u� �nd�r�h�s S��curifi� �ns�trument, <br /> and th�n�a���u+��t��prir�cip�� b��ance a��h�Not�. <br /> �f L�n�e� �+�c�iv�� a �a���n��� ����n �a�r�w�r fnr a delin��uenf per��di� Payr�er�� �nr�i�h in�l���s � <br /> s��fii������m�ur����pa��t�������h�rg��u�,������rr�en��-r���be�pp�i�d���h�d��i�quet���a�rm�n�and <br /> �h�e la�e c��r�e.�f n��r�tn�n�n�F'�ria�d��Payrn�r�t���u��tar�dir�g,L+�nde�n��y�ppl��r�y pa�r���t����i��� <br /> �r�m Borrv�er���h�r�p��rn�nt�f t���'���ad���'�yrnents if, �nd t�t�e�x�er���h��,�a��pa��n�n����be <br /> �a�d in f���.T��h���te���hat an��xces�exist���ter the p���en�is appli��t��h���I�p�y�e����on�or <br /> �are Perivdi��'��r��nt�, �u�h �xces�r�na�b�app���d to a��fa���ch�r�es du�.l�nlunta�pr�p��yme�ts <br /> shal� b�appfi���������ny p�����me������g�s�nd then as���cri��d in�h��Vo��. <br /> r�ny�ppl����i�n�f p��me�t�,i�sur�n��praceed�,��Miscel��ne���F�ro�������pr�r�c�p�l d�e u��er <br /> �he N�t�sha�� no��x��r�d��p����an�th�du�da�e, or�han�e the am�un�, o�th�P��io�ic Payments. <br /> �. Funds for E�crovv�t�m�.Bo�rower�hal�Ray�o L�n��r on th�d�y�'�ri�ad�c Paym��r�s ar�d�e <br /> �r�d�r�he Note, un�i�the�l��e is paid in fu11; a su��#he"Fun��"}to provid€��r�ay�ent vf arpv�nts due <br /> f�r: �a}taxes and ass���m�r���and oth�r it�rr�s�►rhich ca�a�a�n priar�ty av�r�his S�curity�ns�runn�nt as <br /> a lien or encurnbran�e�r��h��'������; �b���ase�o�d payrr�e�ts or g��un� r�r�t�an the Prvpert�, �f any; <br /> �c}p��m�ums fi�r a�y and�l��r��u�a�ce re�u�r�d by L�nder ur�d�r����ia��f�n��d�111�or���ge�nsuranc� <br /> p��m�ums;if�n�r,or�n��u��pay�bl����o��owerto Lender in���u���he p����n���11�I��t��g�I n�u�an�e <br /> prer�iu�s �n a�c�rd�r������� t�� pr��i�i��� of�e�tion �0. ����� ���rr�� ar� ca��e� "��Gr�� f�ems."A� <br /> ori�inati�� �r����y�irr�e durin�th�t�r�of��� Loan, �.�r�d�r m�������r�����G�rn���ity�s��ciation <br /> C]ues, ��es,�nd A�s��sr����s, i��n�,�����r�'+�ed b�B��r��nr��,�r�d�u�h du��,fe���n���s�ssr�e��s <br /> ��alf��an E��������rn.���ra�+���h��l�r��p�l�furnish��Le�d���f��at�������rnou�ts tv��pa�d��de� <br /> �his ���t��n, ��rrav�r�r s�a�� p��r �.�n�d�r th� Fun�s��r'���r�w I��r�ns �ar�i��s L�r�d�r��i�e� Bor���e�'s <br /> �bl���#��n��p�y�h��F�r���fo�ar���r��� ���ra�r I�ems. �.e�der r�����i�����r���r's vb�igation���ay <br /> �o L�n�d�r Fur�d��or an���'�I� ���r��r I��rr�s��t any�ime.�n�s�����iv���a�vr���be���r�i�ing. �n the <br /> e��n�of�u�� ��i��r, �orrv�v�rer�ha�l ���r di��ctly, when an� ���r� pa��ab��, t�� am�ur�ts d���or any <br /> �s�rovW �t��ns f�r�hich �����n� �f Fun�s h�s b�en v�rai��� b� L�nd�� and, if�,�nd�r requir�s, �hal� <br /> furnish ta L.�n��� r���i��� ��ide�c�n� �u�h paym�n#wit�in s��h ��rr�� per��d �� �.�n��� �ay requ�re. <br /> Barr�wer's a�l�g�tic�n�o��������p��men�s�n�t�prvvid�rec�ip��s�h��i f�r a��p�rp�ses b�dee�ed <br /> �o b� a coven�n� and �gr��me�fi c�nt�ined in th�s Se��rit� �n��ru����, �� �h� p�rase �'cvvenant and <br /> ��reem�n�" i� u�ed ir� �ec�i�r� �. �f �ar���v�� �s ab�igated �� pa� �sc�o►r� It��n� directly, pu�s��n�tv � <br /> wai�e�, and Borra�er f�i�s �� pay the amount due fvr an �sc�flv� 1�em, Len��� may exercise its �;�hts <br /> �nd��S�ct�on 9 and ��y�uch ��mount�nd Borrower sh�ll then b��la�i��fi�� t�nd�r Se���an 9 t� rep�y <br /> ��Lender a�y su�h�r�no�nt. �,�nd�r m�y re�oke the wr�i�er�s�o�n��r��I�s�r��r���ms at an�fi�me by <br /> a notice giv�r� i� ���ord�����r��h ���ti�n �5 and, �pan such revoG��i��, ��rra�r�r��►�II pa�t� Lende�- <br /> a�l Funds, ar�� ir� ���h� am��n��,����������n �equired und�r�h�i�������� 3, <br /> Lend��m�y,at any ti�n����I�e�����n��d Fur�d�in an ar���n��a�su�i���n�t��er�it L�n�er tv aPp�Y <br /> �he Fund���t�������p�c�fied und�r�E���,and �b}n����o���������r��xim��amaun��l�n�er�an <br /> ��qui��u�d��`R�SPA. L��de��h����s�i����t���m�ur�t��Fun��s due�r��he�a�i��f�u���nt dat�and <br /> r�asan�l��e e�ti�a������xp��ditur���f��fure�s�ra���ems ar v�h�e�is�������rdan�e►�ri�h App�i�ab�e <br /> �...��, <br /> Th�Fur�d������b���Id in�n in�����ti�►���o��e dep��i�s�r�insur��d�����d�ral���nc�;��stru��r�t�lit�, <br /> or en�i�y ��ncl�di�� L�nd�r, if L�nde�'�� �n i�s�i�utian�vho�� ��p��i�s ����� in��r��� or i� ���r F��era� <br /> H��rre La��B�n�k. Le�d�r�h�a���p�l����Fu�ds��pay the Es�ra�rv 1��m�na l�t��t�an�th�t�r���p�cifie� <br /> ur�d�rR��P�4,L+�fld�r�����natc�arg��arrvwerf�rha�dir���r�d a�pl�in�g�h���U�ds,��nu��ly ana��zin� <br /> th�e���vw ac��u��, or�eri��rirr�th��Escr��ltem�, un��ss Len��r pa���orrQ��r i�ter��t on the Fur�ds <br /> and A�plicab�e La�p�rm�t�Lende�tv make such a charge. �Jni�ss�n�������nt is r�ade�n�r�#�ng or <br /> Ap���cable La�reqUir�s�nt�r����o be pa�id an�he Funds, Lend�r sh���na��e requ�r�d to pay Barrowe� <br /> a�y in�eres�a��arnings���he Funds. E�arro�rirer and L�nd�r can agree in�ri��r�g, how�r�er,�h�t int�res� <br /> sha�l �e paid�n the Fun�d�. �ender sh�l� gi��#a 8o�rower, �it�o�t ch�r�e, �n annua� �ccoun�in� of t�e <br /> Funds as r���ir�d �y�E�P�. <br /> l�t��re is a sur���� �� F�nd� he�d in �scr�w, as defi�e� �nder ���P�, Ler�d�r sna�� �ccoun� to <br /> gorra�er f�r�he exce��fun��in a�c�rd��ce�ith RESF'A. If th�r�is��hor�ag����un���el��n��cro►�, <br /> as d�fin�d c�n��r�.��f��.L�nd�r sh��l na���1 gorrawer as re��ir�d������'►�;�nd�o�r��r�r�ha1�p�y�o <br /> Lender th�am��nt n���������m��k����h�s�ortage������r�a��e�i��F�E�F'A, �ut in��r�nare�han <br /> ��m�nthl��ay���ts. I��h�re is�d�fi��en���f Funds he��ir��sc���r,�s���in�d ur�d�r RE�F��, Lend�� <br /> sh�l� ��ti�y B�rra���as r�quir�d b� �E��'�, �nd �orr�����h�ll p���� Le�d�r�he am���� nec�ssary <br /> to�n�ke�p�h�defici�n�� in �cc�r��r����it� R��P�, b►ut�r� n���re��an �I� rr�o�t��y p��Ime���. <br /> '�por� ��ymen��r�fu�l af�1��urn���c�r�d by this Se�ur��y in�t�ur���t, Ler�der sh�1�p�am��1�r�fun� <br /> ta Barr�v�r�r�n��un�s h��� ��L�nd�r. <br /> 4. �h�rg��; Li�n�. �orr��r�r �h��l �ay �f! fiaxe�, as�����en��, c�ar���, �����, �n� i�p��i�ivns <br /> att��bu�ab��to t�� P�����y�hic� �an a�t��r� pr�orit� ov�r�h�is����r�t� In�t��r��nt, leas�h��d � men�S <br /> �niti���: <br /> N�BRASKA--�in�����r����--��nnie�Vl����r�ddi��Nac UNIF�RM 1N5TRU�I�f�T Form 30���1�� <br /> �Il�e Mae,Inc ����4��1� NE�DE�D� �3i 5 <br /> NEED�ED�GL�} <br /> ��f���2a��(�7.a�ANi PST <br /> . � <br />