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2� 15�8�91
<br /> �a} Any such agreements will no�a�ffcc��he amoun�s that 13or�•owex•l��s ag�•�cd ta nay fo��Mor�gagc
<br /> Ynsur�n�e, or any other terms of the 11o�n. Suc�� �gr��mcnts wil� no� incrcase the�maunf:
<br /> �3o�-r�wez-will owe for MoY•�gage Xnsux•nn��, and ����y wiil not entx�lc �3o�•�-vwer•�n any refund,
<br /> �h} Any su�h agxyeements will not�#fe���he rig��ts I3a�-x•owcr ha�-- i�'�ny�-wit�a respect���hc
<br /> Mox-tgage Insu�•anc�under the�3omeowne�•s P�•otec�ion Act vf 1998 or�ny other~�aw. These rights
<br /> may include the right tfl �•eceiWe cer�nin di��lo�u�•es, �o request�nd �h�ain �ancelia�ion of�he
<br /> M�z-tgage Insuran�e, ta h��e�hc Ma�•tgag� �nsur-ance tex-minated �u�om��icall�, �ndlo�•�a �•e�ci►ve
<br /> � x•efund �f any Mv�-tg�g�Insu�•ance pr�miums that were unc�rned a��hc fimc of su�h
<br /> can�cli��i�n oi-te�•mina#:��n.
<br /> "�'�. Assignm�nt af llrl iscellanevus Prv�e�ds; Forfei�ure. A�1 Miscella��eoLis Proceeds ��-e l�e�-eby assig�7ed t�
<br /> ai�d shail �e paid�o Lender.
<br /> �f the Praperty is dam�ged, s�rc�� 1Vlisceliat�evus Pt•oce�ds s��al� lie applied�❑ restora�ian or repair of�he
<br /> Property, �f the res��ration t�r re�ai�- is ecaY�omi�ally feasibie ai�d Lender's sec��i-ity is ��ot lessei�ed. Du�-i��g
<br /> su�11�•epair and r�storation periad, L�t�der shali haWe the t�ight t❑ ho�d s�icl� N1is�ellaneous Praceeds ut��i�
<br /> Lender has had an ap�ortui�i�y�❑ inspec�such P�•ape�•ty t❑ et�sure tl�e vvo�•k l�as been comple�ed to Let�dez-'s
<br /> 5a�1SfaC�1�I7, �]1'�VId��t�7��5UC�1 lI7S�]eG�l�I7 Sh�.�I �]�tI11CI�I'1:�1�eI7 �71'�1Z7�7�1�. Le��det' iTtc�y �c�y f�i-�:l�e repairs ai�d
<br /> �-e��oratioil it� a single disbu�•se���en��r i�� �.seri�s❑f p�•ogr�ss pay���ei�ts as the�vot•1� is ca�l�plet�d. Unless an
<br /> agreeme��� is made in writing o�-A�plicable Law re���ires ii�ierest�o be p�id nn such 1Vlisc�llaneaus Proceeds,
<br /> Lendet• shall t�ot be rec�uiY•ed t❑ �ay Borrower ai�y ii�fe��est ar ear��it�gs on �uch Miscellan�ous P�-o�eeds. If�he
<br /> ��est���a�ifln ���repait� is no��co����i�ic�lly feasiUle��-Lender's secuz•i�y wo�ild be lesse��ed, the M iscel lai��ous
<br /> P�•aceeds shall be ap�iied�o��le sums �ecured by�his Secui•i�y I�istr�ime�zt, whe�h�r or not�hen due, with���e
<br /> ex�ess, if any, paid ta Bar�owei•. 5i�ch Mis�eliai�eous Pi-oceeds shail be applied ii�tl�e o�•de�- pi•avided fn�• in
<br /> 5ection 2.
<br /> I.a�the��ent of a total tal�it�g, des�ructian, or l�ss it��alue af�he Property, tl�e M iscellaneo�.ts Pi•oceeds s��all
<br /> �e applied t❑the sums s�cured by this Security Instrui�iex-��, wheti�ei•or n�t�l�en du�, w�tl�t��e excess, if any,
<br /> paid to Sorrower.
<br /> �n�he even�❑f a partial taltin�, destru��i�n, ar l�ss in �alu�af the Prapet�ty in which the fair m�rlcet�aiue�f
<br /> th�Proper�y itntned�ateiy befoi•e�he par�ial talfing, des��-uctioi�, o�- �oss i�� value is e�ual t❑ ❑�• gr���e�•tl�ai��he
<br /> amount of the sun�rs secuz•ed by this Secu�•ity �t�strume��� itnmedia�ely befor-e tl�e parti�� tal�ing, dest�-uctia��, ❑�-
<br /> Ioss in�a�ue, unless Borr�wer and Lende�•atl-�erwise agree in w�•iting, the sums secured liy�his S�curi�y
<br /> Instrutnent shall be reduced by�he amount of ti�e Misc�llat�eous P�-oceeds mul�iplied by the fnilowi��g
<br /> fractio��.: �a}the to�al amnu��t vf�h�sun�s se�ured imi��ediately befare the p�.t�tial�al�ing, des�ruction, �r Ioss
<br /> i��value divided by �b}the fair inarlcet value of�he P�-ope�-ty it��mediately befo��e ti�e partial �al�iiz�,
<br /> d�s�ructio��, n�'Ioss in�al�te. At�y llala�ice shall be�aid to Boz•�-awer.
<br /> I��t��e e�eiit of a partial talcing, d�s�ruction, ar loss in�alue of th� Pi-op�r�y in wl��ch �l�e f�ir iz�ar��et value of
<br /> the Pra�erty immediateiy bef�re�he �aar�ial taking, desti'L1G�I�11, or Ioss in value is Ies��h���the lmount of the
<br /> sums secured immediately befare the partial tai�ing, d�s�r�ic��oi�, o�- loss in �al��e, ui�le�s Barrawer and
<br /> Lender otherw�se ag��ee ii�wr1�111�, �he M isceliaY�eous Proc�eds sl�al l be appl ied to the sums secu�-ed by this
<br /> 5e�ur•ity I��s��-u���ent wheth�r or��ot tl�e sums are�l�eiz due.
<br /> If�he Pr�perty is abar�doned by Bo�-t•ower, or if, after i�otice lly Lende��to Ba��r�we��ti�a��l�e �pposing Pai�ty
<br /> �as def t�ed in tlze i�ex�sei�tet�ce}offers�o i�lake a�� �.ward to set�le a clain� fai-da���ages, Boi•���we�-fails�o
<br /> res�ond��Lender withi��3� days af�er the date�l�e no�i�e is given, Le��der is a�itho�-ized�o colle��a��d apply
<br /> the Mis�ellaneaus Proceeds eithe�•�o rest�ra�ian o�• r�pait•of fhe Proper�y ot��o tlle sums sec��red by this
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<br /> Wofters K1uw er Fnancial 5ervices ��J1T1��15 3 0:�#9 AM Page 1�of 17
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