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2 a 1 205�9ti
<br />satisfaction, provideci that such u►�spection shalt b� undertak� prompt�y. Lender may pay for the repairs
<br />sad r�storafion in a single disbursetnent or in a series nf progress paymeats as the work is completed.
<br />Unlesa an agrcemcnt is made in writeng or Agpticable iaw requires interest to be paid on such
<br />Miscellaneous Frocee�s, Lender s1�21 not be reqnired ro Qey Borrowet any interest or �tnin�s on suclt
<br />Mixelluneous Procexds. If lhe reslioration or repair is not econamicully feasible or Lendea's a�ecurity w�uld
<br />be l�ssened, the Atiscel�neous Proceeds shull be appiied to the sums aecurec! by this Secwity Inetrumeni,
<br />whethe� or nnt tlien due, with ths exces�;, if any, paid le� Bomswer. Such Miszcellana�us Prex:v�cxir� rtFrdll be
<br />applied in the arder provided €or in Section 2.
<br />In the event af a total taking, destnution, or ioss in value of tf►e Pmperly, the MisceUaneaus Proceeds shall
<br />be appliai to the sums se�umd by this Security L�shument, whether or not then due. with the excess, if aay,
<br />paid to Borrawer.
<br />In the ev�nt of a partial taking, d�structiaa, or loss in value of the Praperfy in which the fair mazkel value of
<br />the Pcop�rty immediately before We partiul .taking, destruction, ar loss in value ia equal to or @�re�ter Ehau the
<br />amonnt of the sums secured by this Securitv Instrnment immediately before the partial taking, des�ucEion, or
<br />io�,s in vralue, unlc�rs Borrower and Lender otherwise agree in writing, thC �ums +�rurect iry this Se�,-urity
<br />Instcument shal[ be reduoai by fhe amnunt of ih� Miscel�ene�us Proc�ds muitiplied by the folfowiag
<br />&action: {a) the tota! amount of the sums secured imrnediately before the partial takin�, d�shvction, or loas
<br />in vatue divided by @) the Fair market vglue of the Property immediately before the partial taking, ,
<br />d�zuction, or bss in value. Aay balance shaU be paid to Borrower.
<br />In ilie evcnt nf a partial taktttg, destruction, or loss in value of the �ecky in whieh tltc fair azatket vatuc of
<br />the Property immediately before the partial Eaking, $estruction, ur iass un value is Iess t6an the amount of the
<br />snms secured immediately before the partial t:dang, destruction, or fass in vniue, unl� Burrower aad
<br />Lender otherwise agree in writing, the Miscetianenus Pro�e�ls shall be applied ro the s�ms secured by this
<br />5c�eurity Inxitvmcnt whether ar not the xums ar� Ihee duC.
<br />If the Pmperty is abaaidoned by Borrower, os if, after notice by Lender to $orrotver that the OQposing Farly
<br />{as defined in the next sentence) offers to make an award to settie a claim for damagcs, Borrower fails to
<br />r�pond to L�nder witivn 30 days after the date the notice is givea, Leader is aW.hori�ed to cotlact and apply
<br />the Miscellaneous Proceeds cit(�er to restoration or rcpair of dte Property or to thc sums secured by this
<br />Security Iastrument, whether or aot thea due. "f�posing Party" me,rans the third jrarty tl:at owes Sorrower
<br />Atiscelleaeous Proceeds or the party against whotn Botrower h�+s m sght af sction in regard to Miscellaueous
<br />Proceeds.
<br />Bocrower hhall be in defau[t if any uetion ur pnbcar.ding, �vhethcv civil nr criminal, is i�agun ihal, in Lender'�
<br />judgment, could res�u[t in fprfeitare of the Pnrperty o: other materiat impairment of Lender's interest in t�e
<br />Praperty or rights �der this Security Inslrument. Borrower can cwe such a default aad, if accelecation has
<br />oce�ured, teinstate as provided in Section 19, by causing the action or proceeding to be dismis�sed with a
<br />rufing ti�at, in Lender's judgment, preciudes forfeiture uf the Froperty ar other material impairmeai of
<br />L�nder's inter�l in t6c Ptc►perty or rig,hts under this Scc:urity instrumcnt_ Thc proceais oC at►y awarct or
<br />claitn for damages tbat are attributable io the impairment of Lender's interest in �he Property are ttereby
<br />assigned und stmll be puid ta Le�der.
<br />AII Misxellunar�u.�s Prvee:eeds that are nc�t app(ieci t<► rc�tixatiUn or repair of t$e Prerperty shull be appiiec! in the
<br />ord�r providvd for in Section 2.
<br />w�eRnaw�su�e r-am�iy-r-� aa�Baa�,�� ur�r�n uvsrau►er�r r-o,m �a timt
<br />wo�i� wwrer�,a�ast se,vmes ��e'io�r�
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