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<br /> satisfac��an, pravided that such inspection sha�l be undertaken pr�mp��y. L�nder may pay far the repairs
<br /> and res�oration in a single disbursemen�or�n a ser�es af progress paym�n�s as the w�r�is campleted.
<br /> Un�ess an agreement is made in writing or App�zcab��Law requ�res �n�eres��o be paid nn�uch
<br /> Miscellaneous Proceeds, Lender shal� not be r�qu�r�d to pay Barraw�r any �n�erest ar�arnings on such
<br /> Misce��ane�us Proceeds. If�he restora�ian ar repa���s nat ec�n�m�ca��y feas�b�e or Lend�r's secur�ty would
<br /> be lessened, �he Misce�laneous Proceeds shall be app�ied�a the sums se�ured by�h�s Secur�ty Instrument,
<br /> v�hether or not then due, wi�h th��xcess, if any, paid to Borrower. Such Misce�Iane�us Proc��ds sha�� be
<br /> app�zed in the flrder provxded for in Secti�n Z.
<br /> �n the event of a tota� taking, destructian, ar Iass �n�a�ue of the Pro�erty, �he Mis��i�aneaus Proc�eds shall
<br /> b�app�ied ta the sums s�cured by �his S�cur��y�n�trumen�, whet�er or not�hen due, w��h�he excess, if any,
<br /> paid�o Borr�wer.
<br /> In�h�event of a par��al taking, des�ructzon, ar Ioss in�a�ue af�he PropPrt�� in whiGh the fair market va�ue of
<br /> the Pr�p�rty immedia�ely before the partia� �ak�ng, des�ruct�on, or�o�s �n va�u��s equa� ��ar greater than the
<br /> amaunt of the sums secured by�his Securi�y Instrument �mmedia�ely befare the part�a� tak�ng, d�struct��n, �r
<br /> ioss xn va�ue, un�ess B�rr�wer and Lender�therwise agree in u�riting, the sums secured by thzs Secur�ty
<br /> �nstru�men�sha��be reduced by the amoun�af the Miscellaneous Pr�ceeds mu��ip�ied by the fallowing
<br /> fra��ion: �a} the total arnaun�of the sums secured immedia�e�y before the partia��aking, destructi�n, or�oss
<br /> in valu�di�ided b� �b} the fair mari��t�aiu�of�he Proper�y �mmedzat�Xy before�he partial taking,
<br /> des�ruct�on, �r�oss �n value. Any balance shal� �e paid t�Borrav��r.
<br /> �n�he�v�n�of a par��ai tak.ing, destruc�ion, ar l�ss in�alu��f the Propert� in u�hich the fair marke�value af
<br /> �h�Prop�r�y imm�diat���r before the par�xal tak�ng, destruc�ion, or lass in va�ue is l�ss than the amount of�h�
<br /> sums ���ured immedia�e�y befare th�par��a� tak�ng, destruct�on, �r�oss�n va�ue, unless Borrower and
<br /> Lender a�herw�se agr�e in writing, the Miscellan��us Proce�ds shall�e app�ied�o the sums se�ured by thzs
<br /> Securzty�ns�rumen�v�he�her or n�t th�sums are then due.
<br /> �f th�Proper�y is abandoned by B�rrower, or if, af�er no�ice�y Lender to Barr�w�r that the�ppasing Party
<br /> �as d�fined in th�n�xt s�n�ence}offers�o make an award to set�le a c�a�m far damages, Borra�ver fails to
<br /> re�pand�� Lend�r within 3D days af�er the date the notxce�s g��ren, Lender xs authori2ed�a co�lec�and apply
<br /> th�N�xsce��aneQus Praceeds��ther ta restoration or r�pair af the Proper�y or to th�sum�secured by thzs
<br /> Secur�ty Instrument, vvhether or n���hen du�. "�pp�s�ng Party" m�ans�he�hird par�y �ha�owes Borraw�r
<br /> Misce�lan�ous Pr�ceeds or the par�y aga�nst whom B�rrower has a r�ght af act�on in regard ta Misc�llan��us
<br /> �roc�eds.
<br /> Borro�ver shal�be in default if any actian or proceed�ng, whether c�vz�or cr�m��na�, �s begun�hat, in Lender`s
<br /> judgm�nt, cau�d resu�t�n forfeiture�f th�Pr�perty or a�her ma��rial impairm�nt of Lender's �nteres�in�he
<br /> Proper�y or r�gh�s under thzs Securx�y �nstrument. Borrower�an�ure su�h a d�fau�t and, if accelerati�n has
<br /> occurred, re�nstate as pr��zd�d in Section �9, hy caus�ng th�a����n or proceed�ng to b�dismissed with a
<br /> ruling that, in Lender's judgment, precludes forfe�tur�af the Proper�y or o�her mater�a� �mpairment of
<br /> Lender's interes� in th�Proper�y ar rights under this Securi�y Instrurnen�. The pr�c�ed�of any award or
<br /> c�a�m far damages that ar�at�ribu�abl�to the impairrnen�af L�nder's interest in the Praper�y are hereb�
<br /> assign�d and sha�� be pa�d to Lender.
<br /> A�l Miscellaneous Proceeds that are not applied�o r�s�oratzan�r repa�r af the Property shall be app��ed in the
<br /> order pr�vided f�r in Section 2.
<br /> N�BftASKA-5ing�e Famiiy-Fanr�ie MaelFreddi�Ma�UNIFURM INSTRUMENT Form 3028 1141
<br /> VMP;� VMP�tNEf�1��2y
<br /> Wviters Kluwer�inancial 5er�ices Page 10 of 17
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