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201209036
<br /> satisPaotion, providcd that such inapeotion sh�ll be undertaken prompCly. Lender inay pay for tl�c rcpaire
<br /> �nd resto��tion in�single disbursemeirt or iu a series of progress payinnnfe as the work is ootnpleted.
<br /> Unless nn agreeinent ie made in writing or Applicable Law requires intereat to be paid on sttch
<br /> Miscallaneous Proceeds, Lc��der shall noC he required ta pay Borrower any interest or earnings on sLich
<br /> Miscellaneous Procecds. If Uie restorarion or repair is not econoinicallg feasib1e or T,c�tidcr's seourity would
<br /> ba l�ssened, the Miscellaneous Proceeds shall ba ap�lied to t7�e surns securcti Uy thie Securify TnsLrument,
<br /> whcther or not then due, with the excess, if any, paid to Borrower, Such Miscell�ueous Proceeds shall be
<br /> applied in the orcler provided for in Section 2.
<br /> I�� the event o£�total taldilg, deeU�nctioti�, or loss in vah�e of the Property, the Miscelltmeous Proceeds sha11
<br /> be applied to tl�e swns securcd by tlris Seci�riry Inst�ument, wheYher or noti theai due, with 8�c execss, 3P any,
<br /> paid to IIorrower.
<br /> In fl�e event of fl partial taking, deetrucTion, or loss in valrie of the Property in whicli the fair market value of'
<br /> the ProperYy iimnediately Ueforc thc parti�l laking, destruction, or loss in value ie equal to or bncat:cr thttu tiie
<br /> atnomil of fhe swns securcd by this Seourity lnskvmeirt inunediately Uefore the pctrtial laking, des[riiction, or
<br /> loes in valuo, u��le,�s Boxrower and Zender otherwisa agree in writing, the sums secured I�y this Security
<br /> Instrnmcne el�all be seduced b}+the amowit of the Misccllaneous ProceedA mnlfiplied by che f'ollowing
<br /> fract�ioix: (a) Ehe total amottnti of the suuis secured innnediately 6efore thepartial taking, destrucfion, or loss
<br /> in value divided Uy(b)the fair marl<et vahie oP hhe ProperCy itmnediately Uefare the partial taking,
<br /> desU'uction, or 1oss in value. Any bnlnnce shall be paid to Borrower.
<br /> In the event of a partitt7 talting, d�.siruction, ar loss in value of t�he Property in which the Pair markeE value of
<br /> t110 Property iix�wediaEely before the partial ta1<ing desh ucrion, or]oes in value ia ]ess than the amowit of the
<br /> susns secured iinmediatiely Ueforo tl�c partia] taldng, c1esC7ucrion, or loss in value, unless Borrower and
<br /> Lander olherwise agrce in wriling, Aia Miscellaneous Proceeds shall be applieci to tho s�mTs seciu�ed by this
<br /> Secuiity Instrument whether or not the aums are then due,
<br /> IP the Property is dbandoncd by$oxrower, ar if, nfEer notice Uy Lender to Rorrowc e that Lhe Oppoeing Pai'ty
<br /> (as defincd ii�the nex[sentence) ofFers to�malca an award to settle a claiun for damages, Boxrower fails to
<br /> respond Co Lencler within 30 days aECer Uie date the noEico is given, Lender ie authotized to oollect and apply
<br /> the Miscellaueous 1'roceeds eithcr to resCoration or repeir oP the Property or to the atuns secLn ed by this
<br /> Seourifq InsLrument, whether or noti then due. "Opposing Party" means the Chircl parry that owea Borrower
<br /> Miscellaaieous Proceeds or tl�c par6y lgtinst whom Borrower l�as t�right of aolion in regu�d to Miscel1�.neous
<br /> Procceds.
<br /> Borrowcr eh�ll be ui default if any action oc proeeeding, wl�ether aivil or oriminal, ie hegu� LheC, in Lender'a
<br /> judgment, could result in f'or�£eidure of tha Pra�erty�r other mnCerial im�airment of Lender's interest in the
<br /> Proper¢y or rights under this Seourity instnmien�. I3orrower can cure sueh� dei:�ult �wid, if acceleration has
<br /> occared, reinskate as provideci in Secdon 19, by cansiug Che aotiou or p�roceeding to Ue dismiased witli a
<br /> ru1ing thati, in Lender's judgment, precludes forFeiPure of the Pcaperty or oth�r mate�ial impairmm��C of
<br /> Lendex's interest in the Properfy or ri�hts mider tl�is Secmity Tnstr�imcnt. 'Che proceeds of any awnrd or
<br /> claiuz for damagas tlu�t are attributaU10 to thc,impaim�ent of Lender's intereat in the Property are hereby
<br /> assigneA at��i sl�al l be paid to Lender.
<br /> l�11 Misoellaneous Proccaie thaC are not applied to restoration or repair of Che ProperCy�ylrlll be app1icd in the �
<br /> order providecl for in Section 2.
<br /> �-------- — -- ------ — zaaa2ano
<br /> NtkiPASKA-Single Fnm ily-Fannie M ae/Froddle M ao UNIFORM INSTRt1M[NT Form 3028 1/01
<br /> YMP p� VMPB(Nf).(7105}
<br /> Wolters Kluwao Flnnncl5l 9e�vinas Page 10 of 17
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