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.I I f�' BORRO�VFR CAVENANTS that Barrower is lawfully aeisad of the �tate h�eby canveyed aad has the right to graat and canvey the Properiy and that the Propert.y is uaencumberai, excegt for encumbraac�s of record Horrawer warrants aad will defend genarally the title to the Properiy against all elaimis and demands, subjeit to aay encumbr� of recard THIS SECURITY INSTRUNIENT cnmbin� uniform cov�anis for nadanal use and non umform covenants with limited variations by jurisdictian to cxinatitute a umfarm se�ity inst�ment c;overing real Pi'oP�i'• TJNIFORM COVENANTS. Boaower and Leader covanaat and agee as follows: 1. Pa of Prindpal, Ynterest, Escrow Items, PrePaYment Charges, attd I.a� Charg�. Horrower shall pay wh� due the principal o� and int�eat an, the debt evidenced by the Note and any Px�PaYment charg� and late char$es due under the Note. Harrowar shatl atso pay fimda for Escrow Itema pursuant to Section 3. Pay�nts due imder the Note aad t1�ia Security Insirwm�t shall be made in U.5. carrency. However, if aay check or ather ins�t received by L�der as �ym�nt under the Note or this Se�urity Insf�nart is rdiun.ed to I.ender �d, Lend� maY re9uir$ t� anY a�' all subs�u�►t Paymen'ks due under the Note aad this Se�urity In�t be made im oue or more of the follovhng forms, as selected by Le,nder: (a) c�sh: (b) mone3' order; (c) cae�tified check, bank ahecl� �s�uer's che�k or c�ier's che�k, provided any such check is drawm upon aa institution whose deposits are insure� by a ged,eral agency, instr►nmentality, � e�rtity; or (cn Electranic Funda Tranaf�. Payments are deemed rec�ived by Lender when re�ivetl at the loc�ian designa�ed in the Note or at such other loarttan as may be designated by Le�der in accordance with the n�ice prov�ons in Sectian 15. Lendsr may r�un ffiy payment or partial payment if the payment or partial paymesnts are insufficient to bring the I.oan current. Lender �Y ��Y PaYm� � P� �cie�t to bring the I.oan current, without waiv� of any right� hereunder ar pre�udice to its n�refuse such pay�nt or I�artial payments in tl�e futura, but Le,nde�' is not obligated to apply such paym�t,s at the time such paym�ent� are acc�gted. If e�ch Perialic Payment is applied as of it� scheduled due c�ate, then I,ender aeeci nat pay interest on unapplied fimds. Lend�er may hold such u�e�gplied funds until Borrower makes paryment to bring the Loaa current If Ba�row� does not do so within a reasonable p�riod of time, LEnd�r sh�ll either apply such fimds or re�.i�rn th� to Hoirower. If not applied. earli�, such funds will be applied to the ou�tanding P�P� �� nder the Note im�diately prior to foreclasure. No offs�t or claim wvich Borrower might have now or in the future against Lend+� shall zelieve Bcmower frnm maldng paymenta due imd�' the Nate a�d ttris Security Inatrum�t or perfa�ing the covenants and agreem�ts secured by t}us Security Inat�n�ent. 2. Applfc�don of Pa�+me� or Pr�s. Exc�pt as otharwise described in this 5�tion 2, all FaY� �P� �d agphed�Y Lend� ahall be applied in the following order of priority: (a) interest due under the Nota; (b) PrinciPaa due under the Note; {c) aa�ow�ts due under Secxian 3. Swch paymemts shall be applied to each Period'ac Paym,ent in the ordar in which it bec�nne due. Any rem�ning aa�ounts aha11 be a�pli� first to late charges, sacaond to aay other a�ou�s dne iulder this �ity Instnunent, and then to reduc;e the princi�al � of the Note. If Lender receives a payment from Honower for a delinquent Periodic Payment whicb includ� a aufficient amount to pay sny late charrge due, the paymeirt may be �pplied to the delinquent paymexit and the lats chsrge. If more thaa one Periodic Paya�nt is ouRstmndin�, Lender meay' aPP �Y PaYment received from Borrowe� to the repaya�at of the Periodic Payments i� sad to tha �t�t tbat, each payment c� be paid in full. To tha extent that any excess exists a&er the payme.nt �s applied to the full �yment of oae or a�re Periaiic Pay�, such excxss may be applied to any late charges due. Volunt�y prepayments shall be applied firat to any Prepayment ahar$� and thea as des�'bed in the Note. �Y �PPlicatian af payments, iasurance pror,�ds, or Miscellan�us Proceeds to princigal due und� the Note shall not extend or �stpone the due date, or change the amount, of the Peri�ic Payment�. 3. Funds for E�row Items. Bairower shall �y to Le.ader on the day Peri�ic Payme�nts are due under the Note, �pntil the ATote is paid in fuU, a�nn (the "Fw�s") to p�ovide for payment of amounts due for: {a) taxe9 and as�lrs and other items whioh c�n attain priozity ov� this S�autity Ins�ent as a lien or encwmb�c�e an the Pra�rty�, {b) leasehold paym,enta or ground r�ts on the PraP�Y• ��(�) premiwns for aay and a11 ins� requirai by Lender under Sectton 5; and (d) Mortgage Insurance 2300051242 D n� N�A$KA - Sir�gie Family - Fatu119 A��Fredlll9 AAaC UNIFO� INSTWlI�IEN7' 1AiRH 11� � �.gp�N� �� e a oe �� t� , Fonn 5026 7/01