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200"OI<<.lQ THIS SECURlTY INSTRUMENT combines uniform covenantS for nationa1 use and non-uniform covenants with limited variations by jurisdiction to consLimte a uniform security instrument covering real property - UNIFORM COVENANTS. Borrower atld LeI1der covenant and agree as follows: 1. Payment of Pri;JJ,cipal, Interest, Escrow Items, ~epa.yment Charges~ and Late Charges. Bon-ower shall pay when due the prlnc~pal of, and interest on, the debt evidenced by the Note ana any prepayment charges and late charges due under the Note. BOrrower shalt also pay funds for Escrow hems pursuant to Section 3. P;!ymenrs due under the Note and this Security InStI'ti1nellt shall be made in U.S. currency. However, if any cbeck or other iliStrument received by Lender as payment under the Note or this Security Instrument is ret1.1med to Le.ude;r unpaid, Lender may require that <my or all subsequent payments due node);" tbe Note and this Security Insmunent be -made in one or more of the following fonns, 3S selected by Lender; (a) cash; (b) money order; (c) certified check, bank check, trl;:lLliUre.r;-'$ check or cashier1s check, provided MY such check is drawn upon an instiroti01i whose deposits are insured by a federal agency. instrumentality, Or entity; or (d) Electronic Funds Transfer. Payments are deemed. received. by Lender when received at the location designated. in the Note or at sucb other location as mAY be designatecl. by Lender in a.ccordm'lce with the notice provisions in Section 15. Lender may return WJ.Y paYxneI1t or panial payment if the payment Or partial paymenrs are insufficient to bring the Loan current. Lender may accept any payment or panial payment inSufficient to bring the Loan current, without waiver of any rights bereuncl.er or prejudice IO iIS rights to refuse sucb payment Or partial payments lr:\ tbe furore, but Lender is not obli~ate<l to apply such payments at the time slIch payments are accepteu. If e~b Periodic Payment is applied as of it$ $cbeduled due date, then Lender need not pay interest on unapplied funds. Lender may bold such unapplied funds until Borrower makes payments to bring; the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to ItorroWet _ If nor applied earlier, such funds will be applied to the outstanding princ~pal balance under the Note immediately prior to foreclosure- No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower froIn making payments due under roe Note and rhis Security Instrument or perfor,mjlJg roe covenants md agreements secured by this Security InstrumeJJ.L 2. Application of Payments or Proceeds. Except as mherwise described iI) this Section 2, all payments accepted and applied by Lender shall be app~ied in the following order of priority: (a) interest due unuer the Note; (b) principal due under the Note; (c) amOunts due tlrtder Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. A11y remaining amOlJIlts shall be applied first to late cbarges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note- If Lender m::cives fi payment from Borrower for a d~lilll'1\iMt Periodic Payment which includes i:l suffic~e~ ar.nount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If mOre than one Periodic Paymem is outstanding, Lender may apply any payment received fJom. Borrower to me repayment of the Periodic Paymenrs if, and to the extent that, eacb. p.ll.ymenl can be paid in ML To the l";;Ktent that any excess exists after the paYIDl".:O.t is applied to the full payment of one or more Periodic Payments, such excess roay be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges w.d then as described in the Note. MY application of payments, insurance proceed$:, or Miscellaneous Proceeds to principal due under the Note sball nor extend or postpone the due date, or change the amount, of the Periodic Payments- . 3. Funds for ESctow Items. Borrower &hall pay to Lender on I'he day Periodic Payments are due undet' the NOle. until the Note is paid in full, a sum (the "Funds") to provide for payment of amounts due for: (a) taxes and assessments and other items wbicb CtlJ,1 auain priority over this Security h;Lst;tl.lmec.t as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) prentiums for any and all insurance Jeql,li);"ed by Lender under Section 5; and (d) Mongage Insurance /.vl Initials:V .. -6{N() 10001;) ~ FMe 4. 011 $ . ; t Fotl'L'l3028 1f01