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<br /> 10. Assign�tten� �f 1VJ[i�cellaneous Proceeds; �`o�fe�ture. A11 Miscellaneous Proceeds are hereby assign�d�o
<br /> and shall he paid ta Lender.
<br /> If��.e Property is damaged,such Misce�lanea�.�s Pr�ceeds shall be applied to restora�ion or repair of the Proper�ty,
<br /> if�he restioration or repai� is econot��zica�ly feasiblc and Lende�'s security is not lessened. During su�h re�air and
<br /> res�oration periad., Lender sha�l haWe the righ� to hc��d such M�scellar�eou� Proceeds unti� Lender has had an
<br /> opportuni�y to inspect such Prop�rty�o ensure�he worlc has bee�ca�r�pleted�o Lender's sa�isfac�ion, pravided tha�
<br /> such inspec�ion shal�be L�ndertaken pro�np�ly. Lender may pay for the repai�s and r�s�o�a�ion in a�ing�e disb�.�rsement
<br /> �r in a series af progress payments as the wor��is comp�eted. Llnless an agree�nent is m.a�e in writing or Applicab�e �
<br /> Law requ�res interes�to be p�.id on such 10�I�scellaneaus Proceeds, Lender shall no�be required ta pay]3orrower an�
<br /> interes� or earnxn�s on such Miscellaneaus Proeeeds, rf�he restio�ra�ion or r�pair is not econazn�caXly feasib�� or
<br /> Lender's securi�y w�u�d be�essened, the Miscellaneous Froceeds sha�1 be applied�o�he su�aas secured by�his Security
<br /> �nstrument, whether ar not�hen d��e, wi�h tihe exce�s, iF any, paid to Borrawer. Such 1V.��sce�laneous�'r�ceeds shall
<br /> be appl�ed in the ord�r pro�idCd for in Sec�ion�,
<br /> In�he event�f a�ofal taki�g, destruc�ion, or�oss in�alue oF the Property, the Miscellaneaus�roceeds shall be
<br /> applied ta �he su�ns secured b� thi� Securi�y�nstrument, whe�her �r not�hen due, with the excess, if an�, �aaid to
<br /> Barrawer.
<br /> In�he event of a par�ial taking, destruct�on, �r loss in value or�he Proper�y�n which�he fair market va�ue of
<br /> �he Praper�y immediate�y before�he partia�talcing, destructian, or loss in value�s equal ta o�grea�e�r�han�he amaun�
<br /> af the surns secured by this �ecurity�nstrunaen�immediate�y before the partia�tal�ing, destruct�on, or�oss in value,
<br /> unless Borrower and Lender o�herv�ise agree zn writing, the sums secured by�his Secur�ty Instrument sha�I be reduced
<br /> by the a�x�.oun�of�he Miscellaneous Proceeds mu��iplied b��he f��lo�ing f�cac�ion: �a�the�ota1 arnoun�of ti�.e sun�s
<br /> se�ured�mmediately before the par�ial�al�ing, destru��i�n, or�oss�n va�ue divided by�b}�he fair n�arke��a�ue of the
<br /> Prapez��y xmmedia�ely before��e�ar�ia�tak�ng, destruc�ion, or 1a�s in value. Any ba�ance sha�l be paid to�3o�rrower.
<br /> In�he event of a par�ial talcin�, destruct�an, or�oss�n�alue of�he Property in which�he fair market�a1ue of
<br /> �he Prope�ty immediately before�he partial�al�ing, destruc�ion, or�oss in value is�ess than the a�nount of the suxns
<br /> secured immediate�y befare�he pax�ial�a�ing, destruct�an, or lass in value, �.�n�ess Barravver and Lender othe�wise
<br /> agree in wri�xng, the Miscellaneous Proceed�sha��be applied��the sums seeur�d by�his Security Yns�run�ent�hether
<br /> ox no�the sun�s are�hen due.
<br /> �f the Proper�y is abandonEd by Borrower,or if, af�er no�ice 1�y Lender�o Borrower tha�the�ppa�ing Pa�ty(a�
<br /> defined in �he next se�a�ence} ofFers �a mal�e an award�o se��le a clain� for damages, Borrawer fails to r�spond �o
<br /> Lender within 30 days af�er�he date the no�ice�s gz�ren, Lenc�er is authori2ed to col�ect and apply�he Miscel�aneous
<br /> Pro�eeds ei�her�o restoration oa�repair of the Property or�o the s��ms secured�y�his �ecurity Instrumen�, whether
<br /> or not�hen due, "�pposing Par�y" means�he thi�d par�y that owes Borrower Miscellaneous Pr�ceeds or��e par�y
<br /> � against whaxn Borrower has a right of actian in regard�01V�isCe��aneaus Proceeds,
<br /> Bo�rower s�al�be in default if any action flr p�oceeding, whether cf�i1 or criminal, is begun t�a�, �n Lender's
<br /> jL�dgment, coulc�resu�ti in forfei�ure of�he Property or other material impairmen�of Lender's�n�erest in t�e Proper�y
<br /> or rights unde�r this Securi�y Instrument. Borrower can cure such a c�efaul�and, if acce�eratiori has oc�urred,reinstate
<br /> as pr��ided xn Sec�ion 18, b� causing �he act�an or proce�d�ng �o be dis��nissed v�r��h a ruling tha�, in Lender's
<br /> �udgmer�t, precl��des faxfe��ure of�he Property flr at�er n�a�erial i�npaxrmen�af Lender's interest in the Froperty�r
<br /> rights under this �ecur�ty Znst�ru�x�en�, The p�roc�eds of any award o� cla��n fa� damages that are at�ributable to the
<br /> im�airmen�of Lende�'s�nterest in the Proper�y are hereby assigned and sha�l be pai�.�o L,ender.
<br /> AlI Mis�e�laneous Proceeds that are no� app��ed�o restaratiofl.or repair�f�he Fraperty shall be applied in�he
<br /> order pr�vided for�n Sect�on 2.
<br /> 11. �3o�-ro�v�r 1�Ia��Rel�a�ed; �`��b�aran�e]�y L►�nder���a����er. Ex�en�xon af the tita�7e for paynaent or
<br /> �nod�F�ca��on of amor�iz�.tion of�he sums se�ured by th�s �ecurity Instrum�nt gran�ed b�Lender to Borravver or any
<br /> Successor in Interest of Borrower shaXl no�operate�o r�lease the liab��i�y of Borrower or any Suc�essors iza In�eres�
<br /> of Barrow�r. Lender shall not be requirec�ta cam�nence proceedin�s againsti any Successor in�nterest of Borrower
<br /> or �o refuse �o extend ti�ne for paymen� or otherwise tnodify amoarti�ati�n of the sums secured by this Seeuxity
<br /> �nstrument by r�ason of any demand�nade by�he arig�nal Borrower o�r�.ny Successt�rs in�nterest af T3orro�rer. Any
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