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<br /> sat��factian, pro�zd�d that such inspec���n shall �e under�ak�n pramptly. Lender ma�pay for th�repairs
<br /> and restora�ion zn a single�isbursemen�or in a ser�es af progress payments as the work�s compl�ted,
<br /> t]�n�ess an agr�ement is made�n�rzt�ng or App��cab�e Law r�quires int�rest to b�paid on such
<br /> M�sce�laneous Froc�eds, Lender�ha���ot be re�uired�o pay Barrower any�ntere�t�r earnings �n such
<br /> M�sce��aneous Proceeds. If the rest�ra��on or repazr�s not�c�nomica�ly f�as�b�e or L�nder's s��urity wou�d
<br /> b���ssened, the M�scellane�us Pr�cee�s shali be a�p�zed to the sums secured by�h�s Securit� Instrumer�t,
<br /> vvhe�her or n�t then due, vvi�h the��c�ss, �f any, pa�d t� Borrov�er. Such Miscel�an�ous Pr�ceeds shall be
<br /> app�i�d in the order prnv�ded far in Sec�xon 2.
<br /> �n�he event of a t�ta� tak�ng, dtstru�t��n, or 1�ss in value of�h�Proper�y, ��e M�sce��aneous Proce�ds shai�
<br /> be app��ed to �he sums s�Gured by �his S��ur�ty �nstrumen�, wheth�r or not then�iue, vv�th the ex�ess, �f any,
<br /> paid to Borr�wer.
<br /> �n the�vent�f a partia� �ak�ng, destruction, ar�ass xn value of�he Proper��in which�h� fair marke�value�f
<br /> the Prope�.y immedia���y before the part�ai�aking, d��tructi�n, or loss �n va�ue is equa�to or greater than�he
<br /> amaunt of the�unzs se�ur�d by thzs Security�ns�ru�nent�mmedia�e�y b�fore the partial taking, destruc�ian, or
<br /> Zflss �n value, unless Borrower and Lender o�h�rwise agre�in vvriting, the sums secured�y th�s Securi�y
<br /> �n��rument shall h�reduc�d by ��e amaunt of the Misce��aneous Proc�eds mu�t�p�zed��r�he fo�lowing
<br /> fra��ion: �a}the total amou�t of�he sums seCured immed�ate��r befor�the partia� tak�ng, �lestruc�ion, ar lo�s
<br /> in�alue di��ded�� �b}the fazr marke�va�ue nf th�Property xmmed�at��y btfQr�the pa�rt�al tak�ng,
<br /> d�s�ru��ian, or loss in value. A�y balance shal,�he pa�d�a Borrflv�er,
<br /> In�he event of a part�a�taking, destruction, ar loss in vaiue�f th�Proper�y �n which the fair market va�ue of
<br /> �he Pr�per�y imm�d�ately b�fare the partia��aking, des�ru�ti�n, or l�ss in va�ue�s�ess than the amount of the
<br /> surns secured immed�ate�y b�fore��e partia��aking, destru����n, �r loss �n�a�u�, un�ess Borr�wer and
<br /> L�nder other�ise agree in vvr��ing, �he M�sce��aneous Proceeds sha�l be applied to th�sums secured by�hi�
<br /> ��curity�ns�rumen�whether ar n�t�he sums are�hen due.
<br /> �f��.e Prape�ty i�aba�.doned by Borrower, or if, after notice by L�nder to Borr��er that the C]pposing Par�y
<br /> �as de�'�ned in�he next s�ntenc�} off�rs�o make an award�o settle a c�aim f�r damages, Borrower fai�s�a
<br /> respanc��o Lender within 3Q days aft�r the date the notice is g��e�, Lender is authoriz�d to c���e�t and apply
<br /> the M�sce��aneous Proceeds either to r�s��rat�on�r repair of the Prop�r��or t��he sums �e�ur��by th�s
<br /> Secur�ty Instrumen�, whe�her or not then due. "C]ppvsing Party" means the th�rd par�y that owes B�rrower
<br /> Mi�cel�an�ous Proce�ds ar the par��aga�ns�whon�Borrower has a right of action in regard�o M�sce��aneous
<br /> Pr�ceeds.
<br /> B�rrow�r shal�be in defau��if any action or pr�ceeding, vvhether c�v���r�r�minal, is begun that, in Lender's
<br /> judgm�n�, cou�d resu��in farfe�ture of th�Proper�y vr other material �mpa�rmen�of Lender's in�erest in the
<br /> Property�r r�ghts under�his Securi�y �n�trum�n�. Barr�wer�an cure such a defau��and, xf a�����ratio�has
<br /> accurred, r��ns�at�as pr�vided in Sec�ion �.9, by�ausing th�action or proceed�ng to be dis�.ssed with a
<br /> ru�ing that, �n L�n��r's judgment, prec�udes farfeiture of the Proper�y or ather material impa�rment of
<br /> Lender's inter�st in�h�Proper�y or righ�s under this Secur�ty �nstrumen�. The pr�ceeds of an�award�r
<br /> claim far da�mages tha�ar�att��butable�a the impa�rment af Lend�r's znterest in t�e Prop�r�y are hereby
<br /> asszgned and sha���e pai�l�o Lender.
<br /> A��M�sce�laneous Praceeds�ha�are n�t applied to res�ora�ion ar repair of�he Proper�y�ha�l be applie�in the
<br /> flrd�r pr�vid�d for�n Sectifln 2.
<br /> N�BRA514A-Sing���amiiy-�ar�nie Mael�reddie Mac UNIFQRM INSTRIJM�NT �vrm 3fl28�1�"1
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