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201303297 (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 Insurance,and they will not entitle Borrower to any refund. (b) Any such agreements will not affect the eights Borrower has - if any -with respect to the Mortgage Insurance under the Homeowners Protection Act of 1998 or any other law. 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 were unearned at the time of such cancellation or termination. 11. Assignmentof MiscellaneousProceeds;Forfeiture.All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lender. II the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the Property. if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period. Lender shall have the right to bold such Miscellaneous Proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such 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 he paid on such Miscellaneous Proceeds. I ender shall not be required to pay Bonower any interest or earrings on such Miscellaneous Proceeds If the restoration or repair is not economically feasible or Lender's security would be lessened, the Miscellaneous Proceeds shall be applied to the sums secured by this Security instntntent, whether or not then due, with the excess. If any, paid to Borrower, Such Miscellaneous Proceeds shall he applied in the order provided for in Section 2. in the event ot'a total raking, destruction,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. destruction, or los, in value of the Property in which the fair market value of the Property immediately before the partial taking, destruction.or loss in value is equal to or greater than the amount of the sums secured by this Security Instrument immediately before the partial taking, destruction. or loss in value, unless Borrower and Lender otherwise agree in writing. the sums secured by this Securiry Instrument shall be reduced by the antouut of the Miscellaneous Proceeds multiplied by the following fraction: (a) the total amount of the sums secured immediately 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 partial taking. destruction, or loss in value of the Property m which the fair market value of the Properly immediately before the partial taking, destruction, or loss in value is less than the amount 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 he applied to the sums secured by this Security instrument whether or not the sums are then due. lithe Property is abandoned by Borrower,or if, after notice by Lender to Borrower that the Opposing Party (as defined in the nest sentence) offers to make an award to settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums secured by this NF9RASYASm? ramdy.r-n,ue Mae/Freesia Mac UNIFORM I\'RTRUME`,T wNI IH VtAS '.'`- ° ,,. I Drn 3025 110 1 ••IMP n1 VMPGAI NF I t 1105)?0 'n'otter..S I rP,rmann.il Serm,es Page+0 r,t'7 III !1111111IIIIIIIIHUM IVIIIIIIII11IIII W33149,11622 0233 3251 1017