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<br /> satzsfact�an, prav�d�d that such �nspect�on sha�l �e undertaken prompt�y. Lender ma�pay for�h�repairs
<br /> and r�storation in a s�ngie disbursem�nt ar�n a seri�s of pro�ress payments as the work�s compl�te�.
<br /> Uza��ss an agr�emen� �s made�n�vri��ng or Applica��e La�v requires �n��rest to be paid an such
<br /> Misce�laneous Prac�eds, Lender sha�l no�be r�quir�d to pay Barrower any �nter�s�or earnings�n su�h
<br /> Misce�laneou� Prac�eds. If the restaration or repa�r is not econflmzcal�y feaszbie or Lender's se�urity wouid
<br /> be l�s��ned, the Mi�ce�laneous Proce�ds shall b�applied ta th�sums secured by this Securi�� �nstrumen�,
<br /> wheth�r ar no��hen due, v�i�h�he exc��s, �f any, pa�d ta B�rrower. �uch Mi�ce�lan�aus Proceed��ha��be
<br /> app�zed�n the order provxded far in Sect�on 2.
<br /> In th���ent of a total taking, des�ruction, ar loss in�a�ue of the Prop�rt�, th�Miscel�aneous Prace�ds shal�
<br /> be applied tn the surns se�ured�y this S�curi�y In�trument, wh�th�r or n�t then due, �Vl�h��1��XC�55, �f any,
<br /> paid t� Borrower.
<br /> �n the e�ent of a par��a� �akin�, des�ructzon, or�oss �n va�ue of the Prop�rty �n which the fair mark�t value of
<br /> the Proper�� �mmediateiy before�he partia� taking, �iestruction, or�ass in value is equal to or grea�er than the
<br /> amount�f the sums secured by�his Secur��y Ins�rum�nt irnm�diat�l�before the par��a� tak��.g, des�ruct��n, or
<br /> �oss �n va�ue, un�ess Barr�wer and Lender o�herw�se agr�e�n v�rz��ng, �he�ums secured by this 5ecurity
<br /> �nstrument sha�l be reduc�d by the amoun�of the Misce��ax�enus Pr���eds�nultiplied by�he follawing
<br /> frac�ion: �a}the tota� amoun�af the sum�secured �rnmedia�ely before the partial�aking, des�ructi�n, or lass
<br /> in value divided by �b} the fair market va�ue of the Property immediately before the par�ia� tak�ng,
<br /> destruct�on, or lass in va�ue. An�balance shail be paid�o Borrower.
<br /> �n�he event of a par��a� tak�ng, destru�t�on, ar Iass in�a�ue of the Froper�y in which�he fair market value of
<br /> the Praper�y immediate�y before the partia� taking, destructian, or lflss�n va�ue����ss�han�he amoun�of�he
<br /> sums s�cured immediate�y before the partial �aking, destructian, or Ioss in�alue, unless Borrower and
<br /> Lender atherwise agree in�riting, the M isce��aneous �roceeds sha11 be app�ied t�the sums secured by�hzs
<br /> Se�urzty �ns�rument whether ar no��he sums are�hen du�.
<br /> If�he Property is a�and�ned by Borrower, or if, after notice�y Lender ta Barrow�r that the�ppasing Party
<br /> �as de�n�d in the next sent�nce} affers�a make an award to sett�e a cla�m for dama�e�, Borrower fails �o
<br /> respond to Lender within 3D days af�er�he date the not�ce is gi�en, Lender is authoriz�d to co��ec�an�app��
<br /> the M�sce��an�ous Proceeds either to restorat�on ar repair af the Property or to�he sums s�cured b�this
<br /> Se�ur�ty�nstrument, whe�her or n�t�hen due. "�pposzng Par�y" means�he th�rd party that owes Borrower
<br /> Miscellaneaus Pr�c��ds�r�he party against whom Barraw�r has a right of actian in regard to M�sce��aneous
<br /> Proce�ds.
<br /> Borr�wer sha�l be �n default if any action or proceeding, whether civil or crimxnaX, �s hegun that, �n Lender's
<br /> judgmen�, cou�d result�n forfe�ture�f�he Proper�y or other material �mpa�rmen�of Len��r`s int�r�st in the
<br /> Proper��ar rights under this Secur�t�r�nstrum�nt. Borrower can cure such a default and, if a�C���ratzon has
<br /> accurred, reinstat�as prov�de�i in Se�tion �9, by causing th�ac�ion or pr��e���ng to be dism.i.s��d w��h a
<br /> ru�ing that, �n L�nder's�udgment, pr��ludes f�rf���ure�f th�Pr�perty or other ma�erial �xnpairment of
<br /> Lender'� �nterest�n the Prap�r�y or r�gh�s under this Secur�ty In�trumen�. The pro���ds af any award or
<br /> c�a�m far da�mages tha�are attrzbu�ab�e t�the ixnpairrnent of Lender's �nterest in�he Proper�y are here�y
<br /> assigned and shall be paid to Lender.
<br /> Al� M�sce��an��us Praceeds tha� are not app�ied ta r�s�arati�n ar r�pair of the Pr�per�y sha��be app�ied in�he
<br /> �rd�r pro�rided for in Se�tion 2.
<br /> N�BRASICA-Singte Family-Fannie MaelFreddie Mac UNI�ORM INSTftUM�NT �orm 3428 11a7
<br /> VMP Q VMPfi{NE}41302�
<br /> Wolters iGtuwer Fi�ancial Ser�ices Page 1 D vf 17
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