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201200826 (a) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage Insurance,or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for Mortgage lnsurance,and they will not entitle Borrower to any refund. (b) Any such agreements will not affect the rights Borrower has-if any-with respect to the Vlortgage Insurauce under the Homeowners Protection Act of 1995 or any other law.These rights may include the right to receive certain disclosures,to request and obtain cancellation of the Yiortgage Insurance,to have the Mortgage Insurance terminated automarically,and/or to receive a refund of any Mortgage Insurance premiums that were unearned at the time of such cancellation or termination. 11. Assignment of M iscellaneous Proceeds; Forfeiture.All Miscellaneous Proceeds are hereby assi,�med to and shall be paid to Lender. If the Property is damaged, such Miscellaneous Procceds shall be xpplied to restoration or repair of the Property,if the restaration or repair is economically feasible v�d Lender's security is not lessened.During such repair and restoration period; Lendcr shall have the right to hold such Miscellaneous Proceeds until Levder has had an opportuniry to inspect such Property to ensure the work has been completed to Lender's satisfaction,provided that sucli inspection shall be undertaken promptly. Lender may pay for the repairs and restoration in a single disbursement or in a series of progress payments as the work is completed.Unless an agreement is made in writing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds, Lender shall not be required to pay Borrower any interest or earnings on such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or Lender's security would be tesseued,the Miscellaueous Proceeds shall be applied to the sums secured by this Security Iustnunent,whcther or not thcn due,with thc excess,if any,paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order provided for in Sec[ion 2. In the event of a totai taking,destruction,or loss in value of the Property,the Miscellaneous Proceeds shall be applied to the sums sccured by this Securiry Instrument,wl�ether or not then due,with the excess,if any, paid to Borrower. in the event of a partial taking, destruction,or loss in value of the Property in which the fair mazket value of the Property immediately before the partial taking,destruc¢ion,or loss in value is equal to or greater than the amount of the sums secured by this Security Inshument immediately before the partial talcing,destruction, or loss in value,unless Borrower and Lender otherwise agree in writing,the sums secured by this Securiry Instrument s6a11 be reduced by the amount of the lbfiscellaneous Proceeds multiplied by the following fraction:(a)the total amount of the sums secured im�nediately before the partial taking,destruction,or loss in value divided by(b)the fair market value of the Property immediately before the partial taking, destruction,or loss in value.Any balance shall be paid to Borrower. In the event of a putial taking destruction,or loss in value of che Property in which the fair market value of the Property immediately before the partial taking,destruction, or toss in value is less than the amount of the sums sectued immediately before the partial taking,destruction,or loss in value,unless Borrower aud Lender otherwise agree in writing, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument wltecher or not the sums are then due. If the Property is abandoned by Borrower, or if,after notice by Lender to Borrower that the Opposing Party (as defined in the next senYence)ofFers to make an award to settle a claim for damages,Borrower fails to respond to Leuder within 30 days aftei the date the notice is given,Lender is authorized to collect and apply the Miscellaneous Proceeds either to restaration or repair of the Property or to the sums securcd by this 8801142747 8801142747 NE0F2:15KR-Single Famlly-Fannie MeeiF�2dCie Mac UNIFORM INSTRUMENT WITH MERS Form 3028 1IDi VMP� VMP6A(NE)�'1C5) Nlolters Kiuwer Flnancial Services Page 10 ot'�.7