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20001.180 regularly scheduled payment next following the event resulting in such Late Charges, (b) payment to American Family of any Recoverable Costs shall become due as of the postmarked date of American Family's written demand to Borrower for such payment, and (c) any prepayment premium shall become due on the date that the prepayment resulting in such premium is received by American Family or the date of American Family's acceleration of the Indebtedness, whichever is earlier. SECTION 1.16 AMERICAN FAMILY'S APPLICATION OF PAYMENTS. If Borrower is in compliance with all terms and provisions of the Loan Documents and does not owe any sums to American Family pursuant to the Loan Documents other than regularly scheduled future payments of principal and interest, then all monthly Loan payments received by American Family from Borrower during the term of this Loan shall be applied first to interest and then to principal in accordance with the Amortization Schedule attached to the Note. However, in the event Borrower is not in compliance with all terms and provisions of the Loan Documents or owes any sums to American Family under the Loan Documents other than regularly scheduled future payments of principal and interest, any payments may be applied by American Family to Recoverable Costs, Late Charges, prepayment premiums, Additional Interest, if any, or to interest payable by Borrower on the outstanding principal balance of the Loan, or to the principal balance of the Loan, in such order as American Family may, in its sole discretion, determine, notwithstanding the application of monthly payments shown by the Amortization Schedule attached to the Note. Any regularly scheduled payment of interest, if not paid when due, shall become so much additional principal and bear interest from the date due at the Default Rate. SECTION 1.17 ESCROWS. In the event of any delinquency in payment of any amount due under the Loan, non - compliance by Borrower with any provision of any of the Loan Documents or Event of Default, Borrower shall, upon American Family's written request, deposit an initial amount equal to American Family's estimate of all Impositions and Insurance Premiums due or accrued against the Premises as of the date of such request, whether or not then payable, and shall monthly thereafter, on the day of each month when monthly payments of principal and interest are due, deposit such amounts as American Family may reasonably estimate are required to fully fund all future Impositions and Insurance Premiums on an accrual, rather than cash installment, basis. In the event that, at any time after commencement of such monthly deposits, the total amount of deposits shall not be sufficient to pay all Impositions and Insurance Premiums then due, or shall be less than the amount estimated to be required by American Family, Borrower shall, upon the request of American Family, promptly pay to American Family any amount necessary to make up such deficiency. Borrower shall provide American Family with tax invoices, Insurance Premium notices, and other related documents at least ten (10) regular business days prior to their due date. Any excess of any such deposits shall be applied against subsequent payments to be made for such items. If an Event of Default occurs under the terms of any Loan Document, American Family may, at its option, without being required to do so, apply any such deposits on hand to the Indebtedness in such order and manner as American Family may elect. When the Indebtedness has been fully paid, 21