Common use of Payment of Principal, Interest, Prepayment Charges, and Late Charges Clause in Contracts

Payment of Principal, Interest, Prepayment Charges, and Late Charges. Borrower will pay each Periodic Payment, if any, when due. Borrower will also pay any prepayment charges and late charges due under the Note, and any other amounts due under this Security Instrument. Payments due under the Note and this Security Instrument must be made in U.S. currency. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 11. Any offset or claim that Borrower may have now or in the future against Lender will not relieve Borrower from making the full amount of all payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument.

Payment of Principal, Interest, Prepayment Charges, and Late Charges. Borrower will pay each Periodic Payment, if any, when due. Borrower will also pay any prepayment charges charges, and late charges due under the Note, unless prohibited by Applicable Law, and any other amounts due under this Security Instrument. Payments due under the Note and this Security Instrument must be made in U.S. currency. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 11. Any offset or claim that Borrower may have now or in the future against Lender will not relieve Borrower from making the full amount of all payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument.

Payment of Principal, Interest, Prepayment Charges, and Late Charges. Borrower will pay each Periodic Payment, if any, when due. Borrower will also pay any prepayment charges charges, and late charges due under the Note, and any other amounts due under this Security Instrument. Payments due under the Note and this Security Instrument must be made in U.S. currency. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 11. Any offset or claim that Borrower may have now or in the future against Lender will not relieve Borrower from making the full amount of all payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument.