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<br /> sa�isfactzor�, pravided.�hat such inspection sh:all be undex�aken pro�np��y. Lender may pay for�he repai.rs
<br /> and restora�i�r��n a s�.n.g�e disbursement or i_�a ser�es of progress paym�nts as the wark is comp�eted.
<br /> Ux�less an ag,�reement�s made i-n.�vriting ar ApplicabXe Law requ�res interest�o be pa�.d on such
<br /> Mzscel�aneous 1'�oceeds, Lender shall�ot be required tv pay Borrourer a:r�y interest or ea�nings on such
<br /> Mi�cellaneous Proceeds. If`the restora��on or repair is not economically feasible or L�nder's security wauld
<br /> be lessened, the Misce�laneous Proceeds sha1�be appxi.ed to�he sums secured by�h�s Security In��rument,
<br /> wh��h�r or not th.er�due, wx.th�he e�cess, if aazy, paid to�3orrower. Such 1Vlzsce��aneaus Praceeds sha.�1 be
<br /> applied�n�h�arder pravi:ded for 7.n SeGtian 2.
<br /> I�a.�ie ever�t of a total�a�in.g, des�ructi.on; or�oss in value of the Prflpert�, �Yie 1V.�xscellar�eous Froceeds shall
<br /> be app��ed�o�he sums secured by#�s Secur�ty In.str�,urient, whether or not thex�due, wi.th�he excess, xf any;
<br /> pa�.d�o�3orrower.
<br /> In�he even�of a partia�.�a�ng, destruct�on, or�oss in value of the Propex-�y in wh�.ch the fa�.r marke�value of
<br /> the Property ir�med�ately before the par�al ta�ig, destruct�an, ar 1os�in value i.s equal�o or greater than�he
<br /> amount of�he sums seeured by�his Security Instrum.�nt immediately befQre t.�ie par�ial�a�ng, destruc�ion, or
<br /> �oss�n value, un�ess Borrower a�d Lender otherwx.se agree�n wr�ting, �he su�s secured by�s Security
<br /> Instrument sha.�l be r.educed by the amaurit of�he Miscellaneaus Proceeds multzplied by�he fo��.owing
<br /> frac�on: [a�the tota�amQunt of�he sum.s secur�d immed�.ate�y before the par�ial t�g, destruc�ion, or�oss
<br /> �r��a�ue div�ded by�b�the fair market va�ue of th.�Property�mmediat��.y before the par�xal takang,
<br /> destruc�ian, or�oss�va�ue. Any balance�hall be pa:id to Borrower.
<br /> In�he event of�.par��a1 ta�ing, destruc�on, or�.oss in value of t�ie Property xx�:which t.�.e fa�r rm.arket va�ue af
<br /> the Property immed�ately before�he part�al ta�.g, des�ru.c�.on, or�oss ir�value is�ess than�he amour�t of�he
<br /> surn�seeured immed�at��:y before the part�al taking, destruc��on, or loss in value, ux�less Bor�-a�ver an�
<br /> Lender atherw�se agree i.n writing, the 111liscei�an.eous Proceeds sha.11 be appl�ed to the s�secUred by�his
<br /> Secux�ty Ins�rument whether�r not the sums are then due.
<br /> If�h.e Praperty�s abaridone�.by B�rrovver, ar if, a�te�-not�ce by Lender�o Barrower�hat�he�ppos�ng Party
<br /> �as d�fined.in the next sentence� affers��make an a�xrar�:�o se�t�e a cla.im for damages, Borrower fa��s�a
<br /> respond t�Lender vv�.�hin 3 4 days af�er the c�.a.te th.e not�ce is g�.v��; Ler�der is au�hor�.zed to c�ll.ect and appl.y
<br /> the Mxsce��aneous Praceeds exther to restorati.on or repair of the�ropex�y�r�o the sums secured by�t�iis
<br /> Security In�tru�lent, �rhe�her or not�h�ri.due. "�ppasing Part�y" �xeaxa.s the�hircl party�hat owes Barrower
<br /> Miscellaneous Proceeds or�he�arty agai�st whom Barrower has a ri�ht of ac��on�n regard t��Vl�scellaneou�
<br /> Proceeds..
<br /> �orrower sha1.1.be zn defau.�t if any a��i:o�.�r proceedi.�.g, whether c�.v�l or cr�m�.�n.�, �s begu.n that, in Len�.er's
<br /> judgmcnt, could resu�.�in farfeituxe of the Property ar o�h.�r material.i:mpairme�..-�Qf Lender's interest in�.ie
<br /> Proper�y or r�gh�s under th�.s Se�urity Ir�strument. Borrower can cure suc�a defau.lt and, if accel.eration has
<br /> occurred, reinstate as provided in Section 19, by c�.using the actxon or proceedin�tv be dismissed u�xth a
<br /> ru��g that, �n�ender's�udgme�t, prec�:udes forfeiture of the Property�r�ther material�mpairment af
<br /> Lender's i�terest in�ie Property or r�ghts under�his Seeurity I�.s�x-�.-�ament. The praceeds of any award or
<br /> clai.�ri for da:mages�h.at are a�tr�buta�b�e to the impaYrment of LenderT s i.nterest�r��he Property a�e hereby
<br /> assigned and shall be paid�o Lend�exe
<br /> .A1X Mxsceliar�eous�raceeds that are not appl�ed ta restora.�i�n or repair of�he Proper�y shall b�app�ed in th.e
<br /> order prav�ded far�.n Sect�an 2_
<br /> 24�07392
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