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<br /> sa�xsfactzfln, pr�v�d��i that su�h�nspe���on sha�� be un�er�a.k�n promp�ly. L�nd�r may pay for the r�pairs .
<br /> and r�storat�on�n a singl�disbursem.en�or in a ser�es of progress payments as �h�work is comple�ed.
<br /> Un�ess an agreemen��s rnade in vvrzting or App��cab�e Law requ�res znteres�to be paid���uch
<br /> M�scellaneous Proceeds, Lend�r sha�l not be requzred t�pay Barrower any interest ar earr�ings�n su�h
<br /> Mis���laneaus Proce��s. If the res�aration ar r�pa�r�s n�t ecanomica��y f�as�b�e ar Lender's se�uri�y w�u�d
<br /> �e�essened, the N��scellaneous Pro�eeds shall be app�zed to �he sum.s secur�d by�his S�curi��r Instrument,
<br /> �vhe�her or nat�hen due, with the exc�ss, if an�, paid to Borrovver. Such M�s�e��aneous Proce�ds shall be
<br /> appl�ed in the order prov�d�d for in Se�ti�r�2.
<br /> In the e�ent�f a tota� �ak�ng, destruction, or Ioss �n value of the Property, the Mzsc���ane�us Pr�c�eds shai�
<br /> be appl����o the sums secured by th�s Se�ur����nstrum�n�, wh�ther or not then due, vvi�h th�e�cess, �f ar��,
<br /> �azd�a B�rrower.
<br /> �n the e�ent of a partial tak�ng, destruction, or loss in va�ue of�he Propert�in which�he fair market va�ue of
<br /> th�Proper�y �mmed�ate��before�he par�ial taking, destruc�ian, or Ioss �n value is equal to or greater than the
<br /> amount of�he sums secured by this Securi�y Instrument immediately b�fore the par�za� �ak�ng, d�s�ructzon, or
<br /> loss in valu�, unless Borr�vv�r and Lender��herwi��agree in wri�ing, �he sums secured��r th�s Securit�r
<br /> Ir�strument sha11 be reduceci by the amount nf the Mis�ellane�us Pr�ceed�mu���p��ed b�the fo�low�ng
<br /> frac�ion: (a���e totai amoun�of the sums secured immediateiy�efore the pa.rt�ai taking, �estru��ion, or loss
<br /> in va�ue d��v�ded by �b}th�fa�r market�a�ue�f the Proper�y zmmediate��r before the partia� �ak�ng,
<br /> destruct��n, or��ss �n valu�. An�r ba�ance shal�be pa�d�o Borrower.
<br /> �n th�even�vf a par�ia�taking, d�s�ruction, ar loss in value�f�h�Prop�r�y in�vh�ch th�fair mar�et�alu�of
<br /> �h�Propert�immediate��befnre th�partia� �aking, destruction, or�ass ���alue�s�ess�han the a�moun�of�he
<br /> sums se�ured immediate�y before the partial taking, destruc�i�n, or Ioss in�ra�ue, un�ess Borrawer and
<br /> L�nd�r o�herv�vis�agree�n wr�t�ng, the M�sce��aneaus Proceeds sha�l be app�ie�ta the sums s�cured by�hzs
<br /> Securi�y �ns�rumen�whether or no�the sums are th�n due.
<br /> �f�he Prop�r�.y �s abandoned�y Barrower, or if, after notice by Lender�o Borr�v�er tha��he 4ppas�ng Par�y
<br /> �as defined in the n�xt sen��nc�} offers�o make an avvard�o s�ttle a c�a�m far damages, Borrower fa�ls t�
<br /> r�spond�o Lender with�n 3�days after the da�e the natzce�s g�ven, Lender�s auth�riz�d�o co��ect and app��r
<br /> �he N.[isce��aneQus Proceeds ei�her�o restoration�r r�pair of�h�Pr�perty�r t� the sum� s�cured by this
<br /> Securi�y Instrument, v�rhether or n�t�hen due. "�pposing Party" m�ans the third par�y that��ves Borrower
<br /> Miscel�aneous Proceeds or the�arty aga�nst vvhom Borr�vc��r has a r�ght of ac�ion in regard to Mi�c�llaneous
<br /> Pr�ceeds.
<br /> B�rrower sha��be in default if any ac�ion or pr�c�ed�ng, whe�her c��i� ar cr�rninal, �s begun tha�, �n Lender's
<br /> judgmen�, c�u1d resu���n forf�iture�f�h�Pro�erty nr other mat�rial irnpairmen��f Lend�r's�nt�r�st in the
<br /> Property or rights under t��s Securxty Ins�rum.�rit, Borrower can�ur�such a default and, if ac�e�eration has
<br /> �CCurr�d, reinstate as provided�n Sec�ion 19, by cau��ng�h�act�o�.�r proceeding t�be dismissed with a
<br /> rul�n��hat, �n Lender's�udgment, prec�udes forfeiture�f�he Pr�perty nr o�her material impairmen�of
<br /> Lender's �nter�st in the Proper�y or righ�s under thi� Secur�ty�ns�rument. Th�proceeds of ar�y a�ard or
<br /> c�aim for damages�hat ar�attribUtable to the impairment af Lender's interest�n the Proper�y are hereby
<br /> assig�ed and sha��be pa�d to Lender,
<br /> A�� Miscel�aneous Proceeds tha�are na�ap���ed t� r�storatian or r�pa�r of the Proper�y sha��be app�ied in the
<br /> �rder pr�vided for in Sect�on 2.
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<br /> WoEters Kluwer Fi�ar�ciat 5er�ices Page�0 of�7
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