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<br />RE-RECORDED
<br />. 200906315 20080143)
<br />THIS $ECTJIZI'I'Y INS ! RU'MENT combines tn~far~i cavezt~ts for ;national use ar~d non-urtifarm
<br />- _ covenants with limited variations by jurisdictiax~ to constitute a uniform security instrumeut caverzzl~ real
<br />property.
<br />UNIFQ1tM Cp'V'ENAN'X'S. Harrower and bender covenant azad agree as follows:
<br />1. Paym~t of Principal, 1<in#erest, escrow Xtttxns, Prepayment Charge, and Late Charges.
<br />Borrower shall pay when due the principal of, and interest on, the debt evidenced by tlxe Note and any
<br />prepayment charges and Iate Charges due cinder the Note. Borrower shalt also pay funds for Esctow Items
<br />pursuant to Sectiom 3. Payments due under the Nate and this Security irsrn,ment ~~ be made in U.S.
<br />currency_ FIowevex, if any check or other instn,~(ent received by Lender as payment under the Nate or this
<br />Security Instn~rAent is retw~ner3 to Lender tttcpaid, Leader may require tb$t any or all subsequent paym~ts
<br />due under ilea Note and this Security lnsttnmeatt be made in ors or more of the following forms, as
<br />selected by Lezxder: (a) cash; (b) money order; (c) Certified check, bank cheep:, treasurer"s cheek or
<br />cashier's cl,eerk, provided any Such check is drawn upon an institution whose deposits aze insured by a
<br />~,...-...,~..... fedezal agenry, instrumentality, or ~tity; ar (d) Electronic Funds 'IYansfer.
<br />~. ~.,, ~.
<br />~onzr~G,_`; Payments are deettxed received by Lender when received at the location designated in the Note ox at
<br />cos t~;. ~.~.r '~~,~ other location as may be designated by Lettdevr in accordance with tlxe notice psovisians in Section I5.
<br />`~~ c~r~ r may returxe any payment or partial paynnettt if the payment or partial payments are insufdciemt to
<br />~ : ~ ; ,, `'~ - the Loan current. Lender may accept any payment or partial payment insufficient to bring the i.0an
<br />~~ ~ ~~~ > without ~ovaiver of am ri is hereunder pr udiCr~ tv its ri Jets tv refuse such a znent ax artial
<br />{ Y ~ Pre.1 g P Y 17
<br />x ;';~a ; is in the future, but Lender is not obligated to apply such payments at the time such payments aze
<br />"~~~;, t,: . If each Pt:xiodic Payment is applied as of its sched7xled due date, then bender need not Pay
<br />~,~.y.-,;; ;tin est on unapplied funds. ieuder may hold such tmappiied funds until Borrower makes payments to
<br />'~racu; '::ter tng the I.aan Current. If Borrowrr does not dp sa within a reasazaable period of time, I.e~der shall either
<br />apply such funds nr return them to Harrower. If not applied earlier, suctx funds will be applied to the
<br />- outstanding principal balance oder the Nate ittum~,liatcly prior to foreclosure. Na offset or ela%tn whirlx
<br />Borrnwer might Yxave now ar in the future against Lender siaall relieve Borrower 1xom making payments
<br />due under the Nate and this Security Tnstrtunent ar performing the covenants and agreements secured >5y
<br />this Security xztstrumcnt_
<br />2. Application of Payments or Fr~octseds. Except as otherwise described in this Section 2, all
<br />Payments accepted and applied by Lender shall be applied in the fallowing ozr~er of priprity: (a) interest
<br />due under the Note; (b) principal due tender the N4LC; (C) smaptuits dui under Section 3, Stich, payxztent5
<br />shall be applied, to each Periodic Pay~t is the order in wb:ich it beeatae due. Any remaining amounts
<br />shall be applied first to Iate rharggs, second to any othc~t amounts due under this Sectu~lty Iastirument, and
<br />then to reduce the principal balance of the Note.
<br />if Lender rdceives a payment from Borrowear for a deJaxzquerRt Periodic Paymtmt which includes a
<br />sufhCient amtottnt to pay any late t;hargc due, tits payment may be applied to the delinquent payment and
<br />the late charge. If more than one periodic Payment is outstanding, Lender may apply any Payment received
<br />from Horrower to ilia repayment of the Periodic Payments if, and to the extr?aa,t that, each payment earl tie
<br />paid in full. 7o the extent that any excess exists after the payment is applied to the full payment of one or
<br />more Periodic Payments, such excess may be applied to any late chaCgeS due. Voluntary prepayments shall
<br />- be applied first to at~y prepayment charges and then as descrlbtd it1 the Nate.
<br />Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under
<br />the Note 5ha11 not extend or postpone the due date, or change the agp0ot7.nt, of the Periodic Payments.
<br />3. Funds 1COr Fscrar+Y Items. Harrower shall pay to Lender on the day FeriodXC Payments are due
<br />wader the Note, until the Note is paid iu full, a sum (tlae "Funds") t4 provide for payment of amounts due
<br />for: (a) taxes and assessments arid. other items which Can attain priority over this Securizy ~nstrumenz as a
<br />lien or encumbrance on ~e property; (b) Ieascltold payments or ground rents on ilea Property, if may; (c)
<br />Premiums for any and all insurance required by Lender under Section S; and (d) Mortgage insurance
<br />~aa:.
<br />~~ 6(NB) to006) Pape a of 75 F6rrt13028 7/07
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