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201008�47 THIS SECURYTY TNSTRUMENT combines uaiform cavenants for natipnal use and non-uniform oovenants with limited variations by jurisdiction W constitute a uniform s�urity instnunent covering real P�PertY� UNIFORM COVENANTS. Bormwer and L,ender covenant and agreE as follows: 1. Payment of PrindpaY, Inte�+e�t, F.dcrow It�s, Prepayment Chsrge�, and Late Charges. Borrower shall pay whcn due t�e priuncipal of, and 'utterast on, the debt evidenc�d by the Not� and any prepayment charges and late charges duc undcr th� Note. Borrower shall also pay fiu�ds for Fscrow Items pYU�suant tv Section 3. Paynaent,s due under the Note and this SecrYrity InstrumeAt slaall be noade iun U.S. currency, However, if any chcck ar othe�r instntrnent received by Lander as payment under the Note or this Security Tnstrument is returned to Lender unpaid, Lender may roq,uire that any or all subsequent payments due under the Note and tlus Security Instrurnent bs made in one or mare of the following forn�s, as selecce� by Lemder: (a) ca�h; (b) money order; (c) cercifie� check, baxilC chacic, cz�a.surer's c�,ec�C or cashier's c.he�ck, provided any sur.� clxe�k is drawn upon an institution whose dcposits are insr�red by a fe�eral agency, instxumentality, or entity; or (d) Electmnic Funds Transfer. Payments are d�emed received by Lender when receiv�d at the location designated in thc Note or at such other location as m�y be desig�aated by I.ender in accordance with the notice provisions in Section 15. Lender may return any paym�ent ar partial payment if the payment or partial payrne�tts are insufficient to bring the Loan cur�nt. L�endcr miaY accept anY PaYm�t or partial pay�rit insufficient to bring the Loan cur�rent, without waiver of any rights hereunder or prejudice to its rights to refuse such paymcnt or parti�l payments in the future, but I.ender is �t obligated W apply such payments at the wne suc� pa�nents are accepCe�. If each Periodic Payment is applied as of its schedulQd due date, then Lentder need not pay interest on unapplied funds. L�nder may hold such unapplied ituids until Borrower m�s payments to bring the Loan curr�t. Tf Borcowcr daes not do so within a xeasonablc pe�riod af time, Lender shall either apply such fiu�ds or retura thcm to Borrower. If not appli�d earlier, such funds will be applied to the outstanding principal balance tuider thc Note immadiately prior to foroclostu+e. No offset or claim which Borrower might have now or in t� future against Lcnder shall relieve Borrovver from maldng payments due under the Not� and this Security Insirunnent or perfonniag the covenants and agrae�m�tts secured by this Sec.•urity Inat�umeut. 2. App�iCation of Payme�ts or Praoeecl�. E�ccept as otherwise described in this S�c�pian 2, a11 payments acccpted and applied by L,e�der sha11 be applied in the following ordcr of priarity: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due uader Sextion 3. Such payments shall be applie� to each Periodic Payment in the order in whiclx it becaane due. Any re�naining am�ounts shall be applied first to late charges, seoond to any other amounts due und�r this Se�urity Instrumcnt, and then to reduce the principal balance of the Nnte. If I�nder receives a paymeat from $orrower for a dalinqt�ent P�riodic Payment which inclu�es a sufficient amount to pay any late charge duc, the paym�ent may be applied to the delinqtren�t payment and the late charge. If more than one Periodic Payment is outstanding, Lender rnay apply any payment received from Borrower to the arepayment of the Periodic �ayments if, and to the extent that, each payment can be paid in full. To the e,xttennt that any excega exists a�ter the payment is applied to thc fiill paym�nt of one or more Periodic Paynaents, such e�cxss may be applied to any late charges due. Vnlw�tacy PrePaymrents shall be applied first m aiaY P�PaYment charges a� then as described in tt►c Note. Any application of payments, insuranoe pmoaeds, or Misoellaneous Prncecds to principal due under the Note ahall �t e�d or poatpone the due date, or change the amount, of tt�e Periodic Payments. 3. �nds [ar E�c�w It�s. Borrawer sl�all pay W Lsndcr on tt� day Periodic Fayrnenta are due under the Note, urnil the Nate is paid irt full, a sum (the "F�") w provide for paym�nt of amounts due far: (a) taxes and ass�eats and ottaer items which can attain priority over this Security Inst�vtr�ent as a licn or e�unbrance on the Pmp�ty; (b) leaaehold payments or gmund rents on the Property, if any; (c) premiums for any and all insurance required by L�der under Secti�n 5; and (d) Mortgage Insurance � RASK/A - Sirpla Family - F�n�da Mw/Fr�dd4 Mea UNIFORAA IN$TRUMd�IT -8(NE) we � � 1 Pap. �� t e �wr: Form 3028 1/Q 1