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2� 1 ��8797 Section I4.Lender may return an}�payment ar partial payment if the payment ar part�ai payments are insuff'lcient�o bring the Loan current.Lender rnay accept any paym�nt ar partial payment insuff cien� ta bring the Laan current,without waiver of any rights hereunder or prejudice tv its rights ta refuse such payment or partial payments in the future,�ut Lender is n�t obligated t�apply such payrnents at the time such payments axe accepted. If each Per�odic Payment is applied as of�ts scheduled due date, then Lender need not pay�nteres�an unapplied funds. Lender ma�r hold such unapplie�funds until BorrovWer makes payment to bring the Laan current. If Borr�wer does nvt do so within a reasonable periad af time,Lender shall either apply such funds ar return�hem to BorrovWer. If not applied earlier, such funds will be applied t�the outstanding principal balanc�under the Nate imm�diately prior to foreclosure.No offset or claim�vhich B orrov�er m�ght have now or in the future against Lender sha11 re�i��e Borrower fram making payments due under the Note and�his Security Instrument ar performin�the covenants and agreernents secured by�his Security Instrument. 2. Application of Payments or Praceeds. Except as expressly stated othervvise in this Security �nstrument ar the N�te, ail payments accepted and appli�d by Lender sha1l�e applied in the f�llowing arder of priority: � Firs�,to�he M�r�gage Insurance premiums to be paid by Lender tv the 5ecretary ar the monthly charge by the Secre�axy instead af the mon�h�y martgage insuran�e premiums; Second,to any�axes, special a.ss�ssments, Ieasehold payment5 or grvund ren�s, and fire, flood and o�her hazard insurance premiums, as r�quired; Third,ta interest due under the Nvte; F�ur�h,to amar�ization of the principal of the Nate; and, Fifth,to late charges due under the N�te. Any applica�ion of payments, insurance praceeds, ar Miscellaneaus Proceeds to principa�due under the Note shal�not extend ar pvstpone the due date, or change the amount, of the Perivdic Paymen�s. 3. Funds for Escrow Items. B�rr��nrer sha11 pay to Lender vn the day Periodic Payments are� due under the No�e, until the Na�e is paid in full, a sum(the "�'unds"�to pra�ide for paymen�of amounts due for: �a�taxes and assessments and other items which can attain priority o�er this Security Instrumen�as a lien or enGumbrance on the Proper�; (b�leasehold payments�r graund rerits on the Prnpert�, if any; �c}premiums for any and aI1 insurance required by L�nder under 5ection 5; and�d� Mortgage Insurance premiums to be paid b�Lender to the 5ecretary or the monthly charge by the Secre�ary instead of the month�y Mor�gage Insurance premiums.These�tems are called "Escrow Items".At origination vr at any tirne during the term of the L�an,Lender may require that�ommunity Association Dues,Fees,and Assessments, if any,be es�ro�ed by B arrow�r, and such dues,fees and assessmen�s sha11 be an Escrow Item.Borravver shal�prornptly furnish to Lender aIl natices of amvunts to be paid under this Secti�n. Barrov�er sha11 pay Lender the Funds for Escrovv Items unless Lender wai�es Borraw�r's o�liga�ion to pay�h�Funds far any or a11 Es�ravW It�ms.Lender may vWaive � BorrovWer's obligation�o pay�o Lender Funds for any or a11 Escro�v Items at any time.Any such v�aiver may only be in writing. �n�he event of such waiver,B orrav�er sha1l pay directly,when and vvhere payabie,the amounts due fvr any Escrnw I�ems for which payment of Funds has be�n wai�ed by Lender and,if Lender requires, shall furnish�o Lender receipts�videncing such payment within such time period as Lender may require.Borrower's obligation to make such paymen�s and ta provide HCF�-aa7o3 24088256'f�2�2 �HA Deed af Trust-N E ��d��'�4 6ankers SystemsTM VMP� � ��f�� Waltets Kiuwer Financial Servi�es �fl�612'f 515.3.2.35Q9-J�di fi�721 Y Page 4 af�8 � �