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<br /> sa��sfac��o�n, provided�h�:�:such�nspect�on sha1��be t�n�.e�r�a�{exl p�rot-npi;ly. Lend�r i��ay pa.y fot•�he repairs
<br /> and res�a�ation in a sing�e c�isbursemen�or izz a ser�es af p�ogress pay�nen�:s as t�ze�orl�is co�r��ale�ed,
<br /> L]�nless �n a�;reemezz��s�nade�n wri�i��g ar Applica���L�.vv require� interest�o be pai�.an such
<br /> Miscel�a�.eaus Praceeds, Le�d.e� ���a11�ot�e re�uire��o pay Borrowe�any in�eres�or ea��nings o�1 such
<br /> Miscellat�eous P�oceeds. rf tlle res�or��ion oi�rep�.ir�s n��eco�o�n�.ca�ly feas.i�le or Lendet•'s s��ut�i�y wau�c�
<br /> be Ies�e��ed, ����1Vl�scel�a��eous Proceeds s��a1�be app�ied�o���e sums secured�y 1:�fs Secut•�ty rnsti�u�ne��,
<br /> whe�her�r no��h�ri dt�e, wi�h�he excess, if�.r�y, pai�.�:a Bor�ower., Suc1�Mis�ellaneaus Pr�ceeds s�al��e
<br /> ap��ied�n�he order p�ovidec�fa�itl Sec�ion 2,
<br /> Tn t11e e�ent of a total talci��, c��structi�on, or 1�ss in va�ue of the Praperti�, the 1Vr�scell�neaus Procee�.s shall
<br /> �e app�ieC�to��ie suz�s secu�ed by�his Securi�y InstruYner�t, vvhether t�r no��h.en c�t�e, vv���i the excess, if ai��,
<br /> pa��.�o Bo�rower.
<br /> Ir�t11e eve�t of a pa.�tial tal�ing, dest�uCi:io�, ot•ra�s i��va1L�e of�he P�opert�r i�vvhic�z i.he rair�na.�'I�e�valt�e oF
<br /> �he Praper�y itxuned�a�e�y�aefore�he pa.r�i�.l�alfi�g, c�es�i•uction, or loss i�value is equa��a or grea�er�ha�.�he
<br /> �mo�.n�of t��e su�z�s secure�.by�la.is Secur��y�ns�x u.ment�sntned�a�ely 1�efore�11e pa.r�ia��a��ing, des�ruc��o�., or
<br /> 1o�s ir��ralue, ur�tess Bor�owe�a��d Let��.er o���.e�rvsr�se agree�n vv�•���ng, �h.e st��-ns secured by 1:��.is Secu���y
<br /> I��s�ruinen�s11�.11�e reduced by�he alnounl;of�he Miscel�a�.eflus Proceeds�nul�ip��ed by t�.e f���ovvi�g
<br /> frac�ion; �a���le�ota1 atnour�t of the su�ns secure�.i��.v.a.zedia�e�y�efar��he�ar���.��a��i��g, �.es�ruc��on, or�ass
<br /> ir�value divi�ec�by�b�the f�.ir tn�rlfe�v�1ue af�he P��o�e�•�y im�nedia��ly befare�he p���ia��al��ng,
<br /> des�r�.xct��n, �r l��s it�v��ue. Any b�.�ance sha11�e pa.�d�o Barrov�rer.
<br /> rn t1�e even�o�a�ar�iall:a�{i�g, des�:ruction, o�loss in�ra�ue of�fle Propert�i�wl�ic�z tlze fair�nar��e��a1ue o�'
<br /> the P�oper�y zin�aledi�.�e�y U�fore t�ze�aari.ia.l t�.1�it1g, c�estr�ction, o�lass ir�value is les�i.ha�tl�e a.mount of�he
<br /> su�ns secur�d�tn�nedia�ely�ef�re��e�a.rtia��a��ing, c�estructi�r�, ar�ass i�l value, ur�ess Borr�wer a�d
<br /> Lex�de�r o��lerw�se�gr�e in�vri�ing, ��Ze Misce��aneous�'rc�ceeds sha11 be ap��ied�o�1�:e sum�securec�by��z�s
<br /> Secu.��tiy I�.��tr�.�ment whe�hez:o��zo��he su�ans are�he��.ue.
<br /> If�he P�•opexty�s ab�.��.do�zed�ay I3orro�tnrer, or�f, af��r notice by Lende��o Boz•�ower���a���le�ppos��g Par�y
<br /> �as c�ef�ed���ie��e��sen�er�ce} �f�'ers�a�x�a�f�a�awarc��o�ettle�.c�ai�n for d��nag�s, Borz awer fa�1s�o
<br /> respo�lc��o Lender w��lair�34 days af�er�1�e da��th�r�otzce�s giver�, L,e��der is�.t��h�rized�o col�ec�a�ad ap��Y
<br /> �he 1Vliscel��.ne�us Proceeds ei�her��r�s��r°��io�or�e��.ir af�l�e Pro�aerty ar��the su���s securec�by t���s
<br /> S�curi�y xns�ru��e��, wl�e�ller or not the�c�ue. "C)p�aosi�lg Party„ �near�s��Ze��zir�par�y�ha�awes Borrower
<br /> M�sc�lla�eoL�s�'�oceee�s or��ze pa���aga�ns��t�vhom Bor��ovver has a r��h�of ac�xon�n reg�.rd�o M�sce1l���eous
<br /> Proceeds.
<br /> Bot���o�wer s1za��be ir��.efaul�if any ac�ion ar�r�cee�.ing, w�ze���er civil or cri���inal, is�egun that, in Ler�der's
<br /> j udg�nen�, coulc��esu��in farfeiture of�he P�ape��ty or a�:�er tnateria.I iinpairrneni:�f Len��r's in�erest��.�he
<br /> Proper�y or righ�s u�zd�t���is Securit�Iizst�u�nen�, Bor��ower ca.�z cl�re�uc�l�.d�fault and, iF acce�er�.f:ion��as
<br /> oc��.�rred, re�r�s�a�e as p�av�c�ed��a Sec�ian ��, by cat�sz�.g��.e actioXz ar proceec�iiz�ta�e dis�a�issed wit�1 a
<br /> �'u�i�g th�.�, iz�Lendex's j t�dg�ne�zt, p�ecXudes fo�fextu�re o�'�lae P�oper�y�r o���er�nateri�.1 itnpar�•�ne��af
<br /> Le�derp s i�1;e�est�r�t1�e Pra�e��y or r�g�1�s�ur��.e�•�1ai� S�curi�y Ins��u�ne�.�. T�le proceeds of a��.y aw�.rc�a�
<br /> c�aiin ftir c��in�.ges that�re attr�bt���bl��o�he iin��ir�llent of Le��der's in�e��s���.the P�oper�y are 11et•e�y
<br /> assigr�et�and s11a1��e paid�o Le��.e��,
<br /> A1�Mxscel�a�aeous P�oc�eds�h.a�a.�r��o�applied�o res�ox�.t�o�.a o�rep�i�of t11e Praper�y s���.11 be applied�r�the
<br /> o��der provi�.ec�for i��Sect�o�.2.
<br /> Z4��6972
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<br /> Walters Kluw�r Financ[al 5erv[ces Page�0 0��7
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