2� 1 ��84�3
<br /> F�ynn�t� ar�d�erned re�ei�ed b�T�e��e�v�r�e�i x��eiv�� a�th� �����i�� ���ig�ated i�t.h� ���e or at su�� o�'ie�'
<br /> l�cation a� ma��e desig�ated b� �.ende���acc��'da��� �i�i tY�� �t��� ��'�v��ion� �n Sect�� ��.Le�d��'t�a�
<br /> ret�r� an� �a�nnen� or par�ial pa�nent if t�ie payr.�e�� �r���tial�a�rr����s a��in�uf�i�ient to br���� the Loa�
<br /> �u�e�t. Lender ma�acce�t a.n� �a�rnent ��pa�k�al�a�n�t i��uf�i�i��t t��r�ng the Loan cunr��t, v�ithout v�ai�er
<br /> of an� rights hereunder o�'p�'ejudice ta�t� r��t� t���fu�� ���� pay�n��t o�par�a�payrnen� in the futur�, but
<br /> �,�nd�r is not o��igat�d to a���� su�� ���r.�ent� at t�i� ti�n��u��i �a�rri��ts �re accepted. If ea�� Periadi�
<br /> Faym��� �s�pp�ied as of its s��edu�ed due �.at�, tf��� I��������� ��t pa�r in�ere�t o� ���pplied fun�ds, i�e�d�
<br /> nn�y h��d �u�h �na�piied fi��s u��i��o�`���r�na������rrY��t t����� the Lo�n curr�nt. If Borro��er do�s �ot
<br /> d� s��it�in a r�asonable period of ti�e,�er�����l�a�l�it}�������� �uch fu�ds ox r�turri thern t� �orro��rer, if�ot
<br /> appl�ed ear�ier,suc� fund� ��1�be ap�li�d to t�e�u�start���g ��i��1pa�balan�e u�d�r the l�ote ir�rne��at���p�-ior
<br /> t�f��eelosur�. No offset �r c�aimv��i£�,���r��r�r�i��it�a�r� ��� �����he future again�t L��der s�alX reXi�ve
<br /> Bnrro�er fror��takin� �a�er�ts du� un�er t������ ���his ���-it� i�,strum�nt o�perfo�in� t�e £o�e�an�s
<br /> a�d ag�'��e��s secured b� th�s S�curit� ���t�e�t.
<br /> �. A��licatior� of P��(rr�ents or P�'����ds. �xc��t a� �����ssl�r �tat�� ��e�ise in this Se�ri�y X�st�urne�t or
<br /> the N�t�, ���payrr�ents a��epted a�� a���i���� �e��e��h�X��e ap���ed in the fo��o���g o�de�of�riority:
<br /> Fi�s�,to the �Iort�a�e I�su��n�� ��'��i�to�e�a�d b��,��ti�r��t}�e �e�xet�r� nr the rno�t�X���arg� �}�
<br /> �he S�cx�t�� i�stead �f�'ie���t��� r.�nrtg��� ��sura��e pr�e��ur�s;
<br /> S e�o�d, to a��r taxes,s�e�ia� �s�s�r.���t�� ]ea�eh old p a�nent� nr����� rents, ��d �ir�,fl�o d and�t��r
<br /> haza�'d i�su�~a.n�e prerniu�n�,�s r�����d�
<br /> �hird; t�i�terest due u.n���t���f�t�;
<br /> �'�u�rth, to arn�rtizati�n of t�e �'i��ipa��f the��te; a�d,
<br /> �'ifth,to �at��harg�s �������' t����te.
<br /> ��� app��cat�o� o f p a}�rne�ts, ��s�r��� pro eeeds, or��sce��a�e�us F r��ce e� t�g r�c�pa� du� u�de r� t����te
<br /> �h�X� �� ex��nd ��'�ost���� t�� �u� d�te, or change the �m�u��, �f the P�r��������ne�t�.
<br /> 3� �u��� f�1' Es crow ���ms. ���x��er sha�l�a� to Le�der o��he da�P e�i�d���a�rrYe�ts are du� ��� the �T���,
<br /> ur��i��he I���e i$paid�f�1�, a��n�the T'Fur�ds''� �pro��ide �'��'p�yrrier�t �f a�orx nts ��� f��';�a)ta.�����
<br /> �s ses��e��� and�t��x �t����hi��e a� �tt��n p ri�it���e�t�is Securi t� ��str�r�e�t �s ����n o r��cu.�n��'���e o�
<br /> the Prop er�; {b�l�as��o1� �a�rrn e�ts o r�grou�d re�ts o�t�ie Fr�p er��, if ar��r; �e)�renr�i�ns f�r ar��a�� a��
<br /> i�su�ane� ��q�ai��d ��I��de��nde�r �ectx�n S;a�� �d)�1�Ior�g��e Z�surar��e p�emi�rns t��e paid ��I��nder t�the
<br /> Se£�refa�-�r �r�t�� rn��th�� ��ar�e by the Se��e�ar� in.s�e�d ��`the�n��th�y �Ior��a�e Znsuran�e pr��n�un�s.T4iese
<br /> iterns are£a��e�"��cr��v Iterns�" ��origi��t�o� or a�a��tirne during t�e terrr�o f�h e�o�n,Le�d��nay requ�re
<br /> �a� �Q�t���un�ty�ssneiatin� L�t�es, Fees a and�ss�s sr�le�ts a if a�y, be�s�r����e� �����'�u�e�a and st��� dues,
<br /> ��es and as se�sa�tents s�a��be an�s�x��r�tem.���r�u�er s�all p��r�p��� �mi�h t�Len der al��ot�ces �f am�u�ts
<br /> t�be pai�����' t�i�� Se�ti��. ��mourex s�all pa�I�e��.er��e F�nds ��r Es�r�ur items r�r��e�� Le��e�urai�res
<br /> �o�r��re��� ���igat��� t�pay t�e Fu�ds fQr a���r al��scr��r Iterns.L��der;na�r�ai�e�n�r��erfs ��l��ati�� t�
<br /> �ay t� L��d�r F�nds f�r ar�� or all�scro�r It�rr�s at any time.A�y su�� �rai�er;nay��1� ��i���r�ti�g. �n t�e
<br /> ���n� �f���h ����ex,���v�re�shall�a�di�'e�tlya �hen and �he�e payab�e, �� arn���t� �ue for��� Es���
<br /> It��n�f���rhic h pa�rrrYer�t ��`F��s has been �ai�ed by L��der and, if Lender xeq�����, ��a11 fu�nish �� �e�d�r
<br /> r���i��� ��idenci�g sra��i �a�n�nt �-ithi�su�� time per�Q�as I�e�der�;na�requ�r�. ��rr���rfs ��ligat��� t�rnake
<br /> s�e� �a�r�ne�ts ��d �n������e �e�eip�s sha�� f�r al�purpos es �e deer�ed t��e ����e��n� and agree�te��
<br /> ���t�i�e� in t.�� S�curity Ir��tr��m�n�, as the pla�ase "c��e�ant and ag�'e��nt" i����� in S��t�o� 9. �fB��r�v�re�
<br /> i�����gated to p�� �sc�'o�I�e�s����ctl�,pu�suarrt t� a u�ai�re�,a�d $��m�r��f���$t�pay th� a�ount ��� �'��`�
<br /> ��e r���Ite�,L��d�r rna�e�er�i s e��s rigY��s unde�- S eeti�� �and p a� �u�Y� ���u�t ��� B�rro�er s�al I t�e� ��
<br /> ��ligat�d �nder S e�o� ����ep a� t��,e�de�-a�y s u�h a�nQ��. Le����rr�y������ t�e �a��er as to a�� �r�11
<br /> �s��� It�s at a.ny tim���a��t��e g��er� ��ac e��d a�e� ���S��t��� ���d, �p�r� su�h �e�o�atio�, �oxx��rex
<br /> $Y�all pa� to I�e��er all�'�nd�, a�d ���rxcY� a�n��xnts, that are t��� ar��ul�e� ���� �his Se�tion 3,
<br /> FHA�eed o�Tr�sE-N E �������
<br /> Bankers�yste�►s TM�1i 4P� 1Ih+IP4R�NE� ��s(��,�1
<br /> Wolters K��wer Fnae��ial Ser�ecss Pag e 4 af 14
<br /> ��141���'�9��8,11��1��
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