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<br /> sat�sfac�io��, prov�de�.�1�a�s�c�i znspectio�slzall be under�a�{e��ramp���. Len�.er inay�ay�or�;he re�airs
<br /> a�c�.res�or�.�ion i�z a singre c�is�urse�n�nt or ir�a ser�es of progress paytnents as �he wor1�is c��nple�ec�,
<br /> Un�ess an agree�ne��is r�na�.e ix�v�rft�ng ar Applzcable Lavv requires�n�erest�o�ae paid on such
<br /> M�sce��aneous P�acee�.s, Lender sha�l no�l�e�equired to pay Borrower ariy�n�ere��a�earx�ings on�uch
<br /> M�scellaneo��P��ceeds, If the re��orat��n or repair�s�Zo�econom�ca�ly feasible or Lender's security�o�.1d
<br /> be�esse�zed, ��ie M�sce�lan�ous P�oceeds sha11 be app��ed�o�he su�ns secured by�his Securi�y I�stru�r�.en�,
<br /> w�ze�he�or n��the�c�ue, �t�v�����he excess, if any, paid tio Borrower. Such M�scel�aneous Procee�.s sha11 be
<br /> appli�d in�;�e order provided for zn Sec�ion 2.
<br /> In the ev���of�.to�a��a�fing, �.es��uc�;ia�, or�oss iz�va1u�c�f�he Prope��y, the Misce��aneous Proceec�s sha1�
<br /> be app�ied�o��1�sums secured t�y�:his S�Guri�y Ins�ru�rien�, �w11e�:her o��ot���.er�due, wi��z�he excessa ��any,
<br /> pai�.�o BoX rower,
<br /> I��he ev��t af a partia��a��ing, des�ructi�r�, or�oss xn value�f�he P�oper��r in vv�.ich�he fa�r�na.�1�e�va�ue of
<br /> �f1�PrQp�r�y imtne�.ia�ely be��re��ze pa.r�ial�alcing, des�ruc��an, or loss in va�ue is equal ta a�grea�er t�lax�the
<br /> a�nouz��of�he�uzns secured by this Security�ns�rurizen�iz�a�nediate�y l�erore�he par�ial tal�ing, des�r�c��an, o�
<br /> �flss it�va�ue, unle�s Bar�ovve�ar�d Le��de�o�he��wi�e agree in wri��ng, i.he sulns secu.red l�y�Za�s Secur��y
<br /> I�zs�rus�nen�sha11 be r�du.ced by the a�nou�lt of�11e Misce�la.neous Proceed��nul�iplie�.by�;�le fol�a�vt��g
<br /> �rac��or�: �a}�he to�aT a�not�r�t of t�1e s�.xlns secured��runed�a�e�,y befare t�e par�ial ta�fin�, dest�uc�ion, or�oss
<br /> in va7ue�.ivz�.ec�by�b�t�ze fai�rnar��t Va1ue af�he�roperty i��ned�a��Zy befor�ti�e�a,�tia1 tal��ng,
<br /> c�es�rL�c�zon, o��oss��:value, Any bala��ce s�a11 be���d�a�a���wer.
<br /> In.��ze even�of a par�ial�al�i�lg, �.es�ructiar�, or�os�in va��.e of�he Prop�rty in�1�i�h��.e fa��°�nar��e��ra�u�af
<br /> ���e Properi:y i�ninedt�.�e�y bef���e t��e pa���al�alci�g� C�.�S�rUC�1(]ri� flr�OSS 111 Va��.e 15�e55��.1�.11�;�.1�a�.Y].Q1111�:Qf��le
<br /> suins secured i�n�nedia�e�y be�ore�he par�ial�a.l�ir�g, d�s�ruc�ian, or�oss zn value, uiz�ess Bor�•avver and
<br /> Le�lder o�he�vvi�e�.g�ee ir��t�vri�;ir�g, ��Ze Misce�lazzeous Proceeds shall be app�iec��o��ae sums sec�.�re�.by�his
<br /> Sec�ri�y Ins�:ru�nent v��ie�:l�er�r zzo����e su��s are t��e�due.
<br /> If�he P���pexty�s aba�dQneci.by Barrowe�•, or�f, after���ic��y Len�.er�a Bor�ower��la��he�pposing Party
<br /> �as def�ned in�1ze nex�sen�ence� offers��xnar{e ar�avvard��settle a c�ai��n for da�.nages, Borro�e�Fai1s��
<br /> respand�a Len�.�r witi�zi�3�day�after�1ae da�e�he na��ce is giVe��, Lende�is au�horized ta co�lee�a�d�.pp1y
<br /> �11e Misce�laneous Proceeds e��her 1:o res�ora�ian�r repai�-af�he Praper�y ar�o�h�su�r�s s�curec��y th�s �
<br /> Secur�ty Ins��rt��nen1�, �rhe�her ar not t�en due. "�pp�sing Pa�t�" in�ans�h��hirc�par�y�ha�awes Borrowe�
<br /> Misce��aneaus Proceec�s or t��e pa.�ty aga�r�s�yvhotn Borrower IZas a 1�gh�of acf;�o��n regard ta 1VI���ellarieous
<br /> Proceec�s.
<br /> Bot rowe� sf�a��be zr�default if any�.c�io�l or procee�.in�, w�lether ci�ri� o�ct•i�xvina�, is begun�h��.�, �n Len�.e�'s
<br /> ,�udg�lle�t, cou�d resul�in forfe��u.re of the Proper�y at��11ei��naterial impair�n��z�aF Lender's interes�in�he
<br /> P�tiper�y or r�glz�s undex�hzs Security Ins�ru�ne�.�. Borrower ca�.�ure such a default anc�� if acceleraf:ian�a.as
<br /> oc�urre�., re�ns�a�e as provide�.��SeG�io�l �9, �by c�,using�;�le ac�ian a�proceedil�g�a�e disxnissed wi�h a
<br /> ru��ng�h�.�, ir�Let�der's jL�dg�nen�, p�ec�L�c�es forfeiture af�h.�P�o�er�:y a� o��a.�x�na�et•ia�i�r��a�r�nent af
<br /> Le��.er's zx�terest in 1:h�Proper�y ar r�g�its u�a.�.er�his Securi�y In���u.�nent, T�.��r�ceeds�f�.y aw�.�d or
<br /> c�az�l�fot°daxnages t1��.t a.�•e at���b�:��ab1e�a���e��11�axr�nent ol Ler�c�er4 s�n�:eres�i��k����°op�rty are here�y
<br /> assigned ar�d shal�be p�:id ta Le�.�.�r.
<br /> Al�M�sce�la��eous Pr�ceeds�ha�are izo�a�ap�ied�o res�oral;ia��or repa�r af 1:1�e P�°��ar�y sha11�e�pp��ed�n�h�
<br /> ar�.er�rovided for ir�Section 2,
<br /> ��4��7822
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<br /> „ Walters ICl�w�r�inancial 5ervices Page•f�of 17
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