Laserfiche WebLink
200203454 <br />4_ _g;esWt of these ,Lender, laser of the Note, another ' <br />any other endty, or any aff liam of any <br />of the orego} g may receive 0i ly or inch Yf <br />derive from (or might be characterized as) a portion of Bower's payments for Mortgage Insurance, in <br />CxOr k tie t insut±gC's rislr� Qi' cecluc ,► , If h agt►t <br />jxwruww wm vr►a >� m to <br />�y�n a �.. ._ {�.�� ( <br />(h;; A� 4 z W :6 *11i' 4 3 i <br />kill" r,'� W the <br />6�j <br />1� <br />map ' Indstde .' � ZD' t last it the <br />More Ins1a'aneae, to have the Mortgage Laurance terminatexl autoamtiplly, and/or to receive a <br />refold of sAyR Moetgagc Ioatu'a tlaei w*e 4fteani*d 4t the thee- M s6di lrhaed�otN or <br />lt. Assignmebt of Misexils Prue , 1Wleiture. All- Miatxdhaeeous Proceeds' ar� <br />to snit aiu>It bie t© L.e kir 4 by <br />H then Pibperty is s oelianeeis Mobbcht shall be 'apples fo *cif ,oj;rt p0*W <br />dw Prophrty, it' dre ° reik ^st oe wrtoiio .is y = i uMa and Lesdtder's ' U trot le ed. <br />During such repair sad restoration perW,'LenderAa lisve'&tW&,to hWmwjk- W"eWadbow proceeds <br />until Lender has had an opportunity t+ inipbcrlsuft Prior to"eosuft the"*wk193 b6OW06mplOted,to <br />Leiider'a s�ie, P ► Leinder° y pay for the <br />repairs and restoration ' in a singles elite: oY' ° -au `sd 6' o the work is <br />secrets <br />completed. Unless an amt is maele in *lift for, Applicalbiic'I:aw 'interest to bo'psid catauch <br />Misceiianeons Procxeds, Lender shall redo bit re<juiried ni pay:' `intletest eyt earnings on atieh <br />Miscellaneous : If the etebscoi tiorr oz °repair is not eaoeoislic °yieasibm'M hr's seicarity 46uld <br />be lessened;" the Misceltmeotiz Pnocebds-shall be applied td 'sums scented by ffiis gecut bstrument, <br />whether or not then due, the, excess if any, paid ter Borrower. Such MLus Proceeds' heil be <br />applied in the order proVided for is Section 2. <br />In the event of a'total taking, d�a, or. loss 'in Value oUtbe Property, the Miscellaneous <br />Proceeds shall bt applied to the sums; secured, by Ads Security :Instrument, .whether r not -then due,; with <br />de elaeeaa, if, any, paid to =Borroww. s. , <br />ln.the�esvfta of a partial takisk& destructim --or. Ion-in mile =of uh- Ftoperty in which th&.1*:apasioet <br />value of. the Property immediately be>iore ttre partial .taking deatrUarion,, Or lon.:in value. is eq :Wor <br />greater than the amount of the sums secured by this Security Instrument immediately before dit partial <br />taking, ' desttrodioa; or Ion iv value, unless Borrower i ppd L awbr odwrwim.tagree. in Wridn& the ads <br />secured by this Security IusttumiM sLstll , be iced: by the 'sanc>utrt of dice Miscellaneous 'Proceeds <br />multiplied by the following faction: (a) the toted am not of the' sums secured immediately below the <br />partial taking, destruction,' or loss in value divided +by `-Vby =the fair marl at value of the ,.fk "wy <br />immediately before the partial taking, decdructim or lossAn vaian:. An balancl�e shad be-peid tcojitictno utpr. <br />p thaw sivvgtrrt of a:partial � �, ens i oss in valve of the! Poperty in which the, fair, rrarlaet <br />valuer of;the Property immediately, beforeAwpartiel; taking desuuctjojt ,er,Ion in value is la, hart the <br />amount of the -sum sectored immediately before the partial taking, destruction, or loss in value, unless <br />Borrower and Lender otherwise agree m writiag, the Miacellaueo us Proceeds gull be applied .to the. Gums <br />secured by this 19ecuriw Instrument: or not. the aal;ns w -then clue... . 1. <br />If the Property; is abandoned by Borrower, or if, after, notil a by Lender to Borrower. .than the Opposing Party (as defined in the next . sentence) ofka to make as award to, 4eak a, claim for damages, <br />Borrower fails, to respond to Lender within .30 days after the date the notice U given,, Lender is authorised <br />to collect and apply, the RMiaeellanevus Proceeds either to restcn4tion or repaif.Qf the; Property or to the <br />sums secured by this Security Instrument, whether or not rhea due. "Opposusg Va ty' means the third party <br />that owes Borrower. Miecedianemus PMceCds or the party against whom Borrower has a right of action in <br />regard to Miscellaneous Proceeds. <br />Borrower shall be in del' ult if any, action or proceeding, whether civil or criminal, is begun that, in <br />Lender's judgment, could ;result in forfeiture of, the Property or.,pther material, impairment of Lender's <br />interest in the Property or, rights under this Security Instrument. Borrower can cure such a default and, if <br />ii�lE) t000s►.oi rah. a at is Form 3028 1/61 <br />300 �130 <br />