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201209340 (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 ageements will not increase the amount Borrower will owe for Mortgage Insurance, and they will not entitle Borrawer to any refund. (b) AnY such agreements will not affect the rights Borrower has - if any - with respect to the Mortgage Insurance under the Homeowners Protection Act of 1998 or any other 1aK•. These rights may include the right to receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance terminated automatically, and/or to receive a refund of any Mortgage Insurance premiums that wete unearned at the time of such cancellatian or termination. 11. Assignment of MiScellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lender. If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of �he Property, if the restoratiun or repair is economicaily feasible and Lender's security is not lessened. During such repair and res�oration period, Lender shall have the right lo hold such Miscellaneous Proceeds until Lender has had an opportunity to inspecl such Property to ensure the work has been completed to Lender's salisfactioq provided that such inspection shall be undertaken promptly. Lender may pay for Ihe repairs and restoration in a single disbursement or in a series of progress payments as Ihe work is completed. Unless an agreement is made i�wriling or Applicable Law requires interes� to be paid on such Miscellaneous Proceeds, Lender shall not be required to pay Borrower any in[erest or earnings on such Miscellaneous Proceeds. If the restoration or repair is nol economically feasi6le or Lender's security would be lessened, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid lo Borrower. Such Miscellaneoas Proceeds shalt be applied in the order provided for in Section 2. In lhe event of a lotal taking, destruclion, or loss in value of the Property, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. In the event of a partial taking, deslruction, or loss in value of lhe Property in which the fair market value of Ihe Property immediately before the parlial �aking, destruction, or loss in value is equal to or greater than [he amount of the sums secured by this Security Instrument immediately before the parlial taking, destruc[ion, or loss in value, unless Borrower and Lender otherwise agree in writing, the sums secured by this Security Instrument shall be reduced by the amounl of [he Miscellaneous Proceeds mul[iplied by the following fraction: (a) the lotal amount of the sums secured immediately before ILe partial [aking, destruc[ion, or loss in value divided by (b) Ihe fair market value of Ihe Property immediately before the pariial taking, destruction, or loss in value. Any balance shall be paid to Borrower. In the event of a partial taking, des[ruction, or loss in value of the Property in which the fair marke[value of the Property immediately before lhe partiai taking, destrudion, or loss in value is less than the amounl of the sums secured immediately before the partial taking, destruction, or loss in value, unless Borrower and Lender otherwise agree in writing, the Miscellaneous Proceeds shall be applied lo the sums secured by this Security Instrument whether or not the sums are then due. If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that Ihe Opposing Party (as deCned in the next sentence) offers m make an award ro settle a claim for damages, Borrower fails to respond to Lender within 30 days after the dale the notice is giveq Lender is authorized to collect and apply the Miscellaneous Proceeds either lo restoration or repair of the Property or to Ihe sums secured by lhis 001123233151 NE6Rq5KA�5ingle Famity-Fannie Mae/Freatlie Mac UfVIFORM INSTRUMENT WRH ME25 Ci[ibank 3263.13 V3 VMP� Form 3026 1/pi Wolters Kluwer Financial Services VMP6A(NE)(1105).00 Page 10 of 1]