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2� 1 ��5932 <br /> by a l�en which has priority o�er this Se�urity Instrumeat;(b)appearing in court;and�c)payiag <br /> rea�onable attorneys'fees to protect its�nt�rest in�he Property andlor rights under�his Security <br /> Instrument, inc�uding its secured position in a bankruptcy proceeding. Securing the Progerty includes, <br /> but�s aot limited to,entering the Property ta�nake repairs,change�o�ks,re�lace or board up doors and <br /> ��ndows,drain water from pipes, eliminate bu��ding or other code v�olativns ar dangerous�ond��ions, <br /> and have utilities turned on or off.Althaugh Lender may ta.ke action under this Se�tion 9,Lender does <br /> �ot�a�e�o do so and is n.ot under an�duty or obligation to da sa.It is agreed that Lender i�curs no <br /> �iability for not ta,kiag any ar all actians author�z�d under this Sect�on 9. <br /> Any amounts disbursed by Lender under this Section 9 shal�become additional debt vf Borrower secured <br /> by this Seeurity Instrument. These amounts shall bear interest at the Note rate fr�m the date of <br /> disbursement and sha��be payable,�vith such interest,upon notice from Lender to B�rrower requesting <br /> payment. <br /> If th�s Security Instrument is on a leasehold,Borrower sha�1 comply with a1l the provis�ons of the lease. <br /> If Borrower acquires f�e title to the Property,the�easehold and the fee title sha11 n.ot merge unless <br /> Lender agrees ta the rnerger in wr�ting. <br /> 1�. Assignmentaf Mi�cellaneousPrviceeds;Farfe�ture.All Misce��aneous Fro�eeds are hereby <br /> ass�gned ta anc�s�ia11 be paid to i.ender. <br /> If the Property is dama�ed, such Misc�l�aneous Praceeds sh�11 be applied to restoration or repair of the <br /> Property, if the restoration or repair is eco�.vmica��y fea�siUle and Le�.der's se��.r�ty is not lessened. <br /> During such r�pau and restoration period,Lender sha��have�he right to hold suGh Miscellaneous <br /> Pro�eeds until�ender has had an opportunity ta inspeet such Prop�rt�to ensure the worl�has been <br /> completed to Lender's satisfaction,pro�ided that such inspe�tion shall be undertak��pr�mptly.Len�der <br /> may pay for the repairs and restoratian in a single disbursement or in a series of progress payments as the <br /> work is comp�eted.Unless an agreem�nt is made in writing or App�icab�e Law requues interest to be <br /> paid on such Il��scellaneous Proceeds,Lender shall nvt be r�quired t�pay Borrower any interest or <br /> earnings on such Miscel�aneau�Proceeds. If the restorat�on or repair is not econom�cally feasible or <br /> I.ender's security vvould be lessened,the Misce�laneous Proceeds shall be app�ied to the sums secured by <br /> this S�curity Instrument,wheth�r or not then due,tiv�th the exce�s, if any,paid t��on�wer. 5uch <br /> Miscellaneous Proceeds shal�b�applied in the order pra�ided for in Section 2. <br /> In the event Qf�.tvtal ta.king,destru�tion,or loss�n value of the Propert}�,the�Vlisc�llane�us Proceeds <br /> sha�l be applied to the sums secured by this Secuirity Instrument,wheth�r or not then�ue,�vith the <br /> excess, if any,paid to Barrower. <br /> In the event of�partial taking,destruction,or loss in value of the Prop�rty in wh�ch the fa�r rnarket <br /> value of the Prnperty immediate�y before the partial tak�ng,destructian,ar�oss in value is�qual to or <br /> greater than the amount o f the sums secured by this S ecurity Inst�ument ur�med iate 1y b e fare the partia 1 <br /> taking,destruction,or lass in value,unless B�rrower and Lender otherw�s�agree�n writ�ng,the sums <br /> secured by this Security Instrument shall be reduced by the amount of the M�scellaneaus Proceed� <br /> multip�ied by th�f�llowing fraetian: (a�the tota�a�nount vf the suxx}.s secured��ediat��y�efore t�� <br /> partial taking,des�.ructi�n,or 1o�s in value divided by(b)the fair marl�et�a�u��f the Froperty <br /> immediatel�before the part�al ta.king,destruction,or loss in ua�ue.Any bala�ce shall be paid to <br /> �orrowe�. <br /> F1iA Deed af Trust With)dlERS�NE 913DI24l4 <br /> Bankers Systems�" VMP� VMP4N�NE]41506}.4� <br /> Wal#ers Kluwer Financial 5enrices Page 9 of 17 <br /> q�3 58$81285 ��33 522 �917 <br />