��15�1994
<br /> sa�isfac�zo��, �rov�ded����.�such i���pec���n sha11 be und�r�a�f�n prompt�y. Lender�nay pay�ar the repairs
<br /> and res�ora�ion in a sir�gle disburse�ne�.�ar fn a seri�s af progress p�.ymen�s as��ie wo�1f�s��xn�le�ed.
<br /> LTn�ess a�ag�eetne�t is�r�ade i�vt�riti�g or App�icab�e La�rv requires in�erest�o�e pa.�d or�su��h
<br /> Mis�et7anea�s Praceec�s, Lend.er sha11 r��t�e rec�u�red to�ay Bar�ower atly ir��eres�or earn�ngs or�suc�.
<br /> M�s��l�aneous Pro�eeds. Tf the res��rat�on ar repair i�no�eco�a�nically f�as�b�e��Len�.er's securi�y would
<br /> 1�e lessened, 1:he Misce��a�eaus Pr�cee�.s sha�1 be applied�o the sums secux ec�by�h�s Securi�y Tt�s�rumer��,,
<br /> vvheth.er or�.o���ien due, Wf�;�l��:1��KC�SS, �f ar�y, paid to Borr�wer. Such M�scellat�eous P�oceed�s��a1��e
<br /> appl�ed ir�t�ie order p�ov�ded for i�� Se��ian Z.
<br /> In�he even�af a t��a1 ta��i�g, destiruction, or lo�s�n va�ue of�he Property, �1a.e Miscel�a�eou�Px'�G��C�S 5�1�.��.
<br /> be applie�.to�he su�ns sect�red�y this S�cur�ty Z�.s�r�.mer��, �vh���er o��o��hen due, v��th�h�excess, if any,
<br /> pa�d�o Lorrawer.
<br /> Ir��he ev�n�of�.par��al�a�f�ng, �estruction, or loss �n va�ue of�h�Prapez��y in wh�c�l the fa�r marke�va1u�of
<br /> the P��per�y i�n�nedia�ely before�he pa.rt�a1�:a���ng, des�ructiori, or�oss in valt�e is ec�ua��o or grea.ter�ha�.�he
<br /> a�n.ou�n�of�he sums secured by th�s Securi�y Ins�rumen�i�r�n�d�atie�y�bef�re�;he par�ia��al�i�g, de�tru��ior�, o�
<br /> lo�s ir�value, u�less Bo��rawer and Lender o�l�er�ise agree�n v�rr��ing, �he su�ns securec��y�his Secur�ty
<br /> Instru�nen�s�aa��be re�:uced by�he amount af���e M�sce��a.neaus Praceeds m�.1�i�lied h��he following
<br /> fra��ian; �a� tf�e�o�a� atnou��of the suzns sect�re�.it�n�.nedi�.tely before�he pa.rtlal�a��ir�g, des�ruction, ar loss
<br /> in value d�v�ded by�b�t�1e f�.�r�narl�e�value af t�ie Propert�imxnedia�ely�eFo�re thu p�rtial�aI{i�g,
<br /> des�rL�c�iQn, ar�oss �n value. Any balar�ce s11a11 be�aid�a Borrawer.
<br /> In t1�e even�af a��r�i�.l�al�ing, destructio�, a��oss in valu�of t�e Pro�er�y i�w�ich���.e fair tnarl�e��a�u�e af
<br /> the P�raper�y��x�ned�a�ely before�he par�ia��a.�f��.�, c�es�ruc�ian, flr lfl�s in value is less�ha�.�he a�naun�of�lae
<br /> su�.ns s�cured im7nec�iately�efare 1:he par�ia�tal�ing, destruG�;ion, ar�oss in�arue, un�ess Bor�ovver and
<br /> Lende� o�llervvise agree in wr��ing, t��e M�scel�a�.eous Proceeds shall ve applied�a�he sutns secured by�his
<br /> Se�u�ri�y I�zs�t�.�lnen�vvhe��ler fl��at tihe su�ns are���en due..
<br /> If�:he Proper�y�� a�a�done�.by Bo�r�wer, or if, after notice�by Lenc�er�n Borx ov�rer tha1:the�p�aas�r�g Party
<br /> �as de�'ir�ed�n�he nex�sente�ce} offe�s to�na�ce a�1 avvard�o se��le a�Iai�n�or damage5, Borrov�er fails�:o
<br /> �respond�o L��c�er wi�hin 3� days afte�{the�a�e�he no�ice is gi�en, Len�.e��s au��1��z�ed to collee�and a�p�y
<br /> �he Miscel�aneous Praceeds ei�her 1;o re�l:ora.��o�.or�repair of�f�e Proper�y ar to the 5ums securec��y�h�s
<br /> Secu���y Ir�s�ru�ner��, �v�lethe�ar not�hen due. "�ppasing Partiy'' znear�s the ti�iird pa�r�y�ha1:awes Borrawer
<br /> Misc��laneous Pr�ceeds ar t1�e�a���y agazns�w��o�n Borra�ver has a righ�of act�an i�.regard to M�scel�aneous
<br /> Proceeds.
<br /> Bar�rov��r slzall be�r�defaull:if�.ny ac��ori or pz oceed�ng, vU�ie�ller c�vi�or cri�nina�, �s�eg�xn i:l�a�, �r��e�.c�er's
<br /> �udgtx�en�, �ou�d�esult i�fo�•fei�ure of the Property at�o�;her inateria� i�npairtnen��f Lerider's in�e�es��n�he
<br /> Proper�y ar righ�s under�;�lis Securi��Ir�s�r���ne��, }3ort�av�er ca�cu�'e such a defaul�anc�, if acceleration has
<br /> occurred, reir�s�a�e�.s�ravided�n Sec�ion �.9, �y causir�g the ac��on or�roceeding�a be d�si�nissed w��h a
<br /> ruling tha�, i��L�na�er's judg�ne�.�, prec�udes farfei�;�re o��he P��operty or a�her�na�eria�impair�nen�of
<br /> L��Z�.et•'s interes�in�he P�rope�ty or ri�h�s unc�er�his Secuz�zty T�s�rt��nent. The p��oceeds of an�award or
<br /> clai�n f�r dalnages�ha�a�e a��ri�utable ta�he iinpairtll���of Lenc�er's interes�in�he Pro�er�y are here��
<br /> a�ssig�ed anc�s11a.1�be paid�o Lender.
<br /> A11 Misc�Ira��eaus Proceeds�ha�a�e no�a�ap�ied to�es�ara����1 or xepai�or t�le Pro��t•�y sha�l be ap�lied�n�1�e
<br /> o�rde�°pxavidec�fot i�Sectian 2 e
<br /> ����$493
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<br /> Wafters Kf�w er�fnancial 5ervices Page 1�of 17
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