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2�1 5�731 �
<br /> �i.Assignment of M�scel�anQous�'roceeds;Forfeiture.Al�Misce��aneous Proceeds are hereby assigned�o and
<br /> shaI��e pa.id�o Lender. -
<br /> �f the Pra�ert�is�amaged,such M�sceIlaneous Prvc�eds shall be app�ied ta res�ora�ion o�repa�r�f the Pr�per�y,if
<br /> �he restora�ion or repai�r is econami�ally��as�b�e and Lendex's�ecurity is not Iessened.Durin�su�h re�a.�r and res�ora�aon
<br /> periQd,L�n�der sha�1 have�he righ��Q h�Id such Mi�cel�an�au�s Proceed.s untrl i.endear has had an��por�uni�y ta inspect
<br /> such Proper�y to ensure�he wvrk has heen comp�e��d�o Lend�r's satisfac�ion,provided t,�.a�such insp�cti�n sha�l be
<br /> under�al�en pr�rnpt�y.Lender m�y pay f�r�he repairs and re�t�ra�ion�n a singie d�sbursern�nt�r in a ser�es of progress
<br /> pa�ments as the wark is comple�ed.Uniess an agreement is mad.�in w�r�t�ng or Applicabl�Law requir�s in�erest ta be
<br /> paid on such Mi�cel�ane��as Proceed�,Lend�r sha1�nofi be required#a pay Borrower ax�y in��rest�r�arnings�n s�ch
<br /> MisCel�aneous Proceeds.Ifthe restorati�n ar repair is nat econamica��y feasible or Lend�rss securi�y would be�ess�ned,
<br /> the Misce��aneous Proceeds shal�be app�ied#�the sums s�cur�d�y t�is�ecurifiy�ns�rument,whether ar nQt then due,
<br /> wi�h the�xcess,if any�pai�i to$�r�ower.Such Misoellar�ec�us Praceeds s�.a.��be a�p��ed in�he arder provided for in
<br /> Sect�on�.
<br /> In the event of a�ata1 taking,destruction,or�oss in Va�ue�f the Prap�rty,th�Mis�el�aneaus Prac�eds shall be
<br /> appiied�a�he sum� secured by this Secur�ty �nstrume�t,whether or na�th.en due,wi�h�he excess, if any, paid ta
<br /> B orrower,
<br /> In the event of a partia�ta�ng,destru.c�ion,or iass�n value of the Praper�y�n Vvh��h�he fair ma�rket va.�ue of th.e
<br /> �'roper�unmediately before th�paatial tak�ng,des�ruct��n,�r�ass in�a.tu�is�qual to or�r�ater�han the amount of the
<br /> sums secured by this Security Ins�en�immediately befare�he partial�king,des�ruc�ian,or lvss in vaiue,ua�I�ss
<br /> B orrower and Lender otherwise agree in writnr��,th.e�ums secur�d by�hi$Secux i�y�nstrunzen�sha11 be reduced by th�
<br /> amoun�of the Misceilanevus Prviceeds mul�zplied by�Ze fo��owing fract�o�:�a�the���a1 amQun�of�he sums se�ure�
<br /> �mmediate�y�ef�re the par�ia�talcin.g,des�ruc�ion,�r�ass in�a�ue div�ded by�b}t�e fa�r ma�rke�va�.ue of�h�Praper�y
<br /> �mrnediat��y bef�re�he partiaT�aking,destiruction,ar Iass in value.Any balan�e shall be pai�ta BQrr��er.
<br /> In the ev�nt af a part�a.��aki.ng,destr�ction,or lass in�a.�ue af the Praper�y�n wh�ch the fair marke�value of the
<br /> �raper�y immedia�e�y bef�re the part�al�ing,destruction,or�ass in value is�ess than the amount of the surns secured
<br /> immedxate�y t�efare�he partia�takin�,d�st�u�ti��,or Ioss i�va�ue,unless�arrawer and L�n�e�ntherw�se agree�n
<br /> wr�ting,�he M�scella,neous Proceeds sha��be applied���.he sums se�ur�d by�h7s Security Tnstrumen��nrh��h�r or na��e
<br /> sums are#�.en due.
<br /> �f th��raper�y zs aba�daned hy Barra�ver,ar�f,af�er not�ce by�ender�o Barrou�e�r that the�ppaszng F�ar�y�as
<br /> def ned�n the ne�t sentence}affers to make an award�ta set�le a c�aim f�r damag�s,Barrowe�r fai1�ta respand to Lender
<br /> w�thin 3�da�s after the date�he notice is g�W�n,Ler�der is au�hor�zed ta collec�and apply�he Miscel�aneous Proceec�s
<br /> ���her to res�oratian or r�pair of�,he Propert�or�o the surns secured by�his Secur�#y Instrument,whether or nat then due.
<br /> "Dpposing Par�r"m.eans the th�rd�arty th.a�vw�s Borrawer Mis�e��aneaus proceeds ar the party agai�ns�whom Borrower
<br /> has a��gh�af action xn regard ta Mi�c�ilaneous Proceeds.
<br /> Barrawer sha11 be in default�f any ac�i�n or praceeding, �vh�ther civi� Qr cr�rninat, �s beguan that, in L�ender's
<br /> judgment,could resui�in��rfeitur�v�t�he Pro�ert��r a�h�er m.aterial impairment of Lender's ir�terest in th�Prop�rfy ar
<br /> xights under�ais Secwri�y�nstrument.Borrvwer can.cure such a defau��and,�f acce�erat�an has occurred,reinstat�as
<br /> provzded in�ection �.9,by ca�using the ac�i�n��proceedzng�a b�d�sxniss�d with a ruling�hat,in�ender's judgmen#,
<br /> preclu�es fQrfei�ure af�.e Praperty ar other mater�al impaiarmenfi of Lender's interes��n the Property nr righ�s uz1d��r�hzs
<br /> Secur��y�ns#rrument.The proceeds of any award Qr claim for damag�s that are att�ibu�a�l��v��e irnpa�.rment afLend��'s
<br /> interest in�he prapert�are her�by assigned a.nd sha�I be paid�o Lender.
<br /> All Miscellax�eous Praceeds that are nt�appl�ed to res�oratf on ar repaxr�f the Praperty shall b�a�p�ied in�he order
<br /> provided for in Sec�ion�.
<br /> 1�. �arrower Not Releas�d; Forbearance By Lender Not a''L�Vai�ex.Extension of the time for pa�ment ox
<br /> modxficati�r�nf amor�zza�.ion of�he sums secured by#�%s S�curity�nstrumen�granted by Lender���arrower or any
<br /> Successor iri Interest�fBorravver shall not�pera��to rei�ase the��abitity�fBor�row�r vr any Success�rs in�nt�xest of
<br /> B�rrower.Lender shall not be r�qu�red�o cQmmenee praceed�ra.gs aga�nst any Successor in Interes�af Borrower ar�o
<br /> r�fuse to extend tux�e for paymen�flr otherv��se modi�arn�r�i2ation af�he sums secur�d by this Security�nstrum�nt by
<br /> r�ason�f an�demand n�ade by th�flr�ginal Bor�rower or any Su.cc�ssors i.n�n#eres�of B��ower.Any forbearance by
<br /> �ender in�xerc��ing any righ�vr remedy�ncluding,wi�hou�Iimitatian,I�ender's a�ceptan�e af payments fr�m th�rd
<br /> i�EBRAS�CA-Si�g�e Fam�iy-�ann�e MaeJF�redd ia Mac UN�F�RM 1NSTRUM�NT F rm D S �101 -
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