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<br />As a result of Ibese agrgeements, Lender, any purchaser of the Note, another insurer, any relnsurer,
<br />any ahw amity, or any a�liam of arty of the foregoing, may receive (directly or indirectly) amomnn that
<br />derive from me might be characterized as) a portion of Borrower's payments for Mortgage Imexame. in
<br />exchange for shang or modifying the mortgage insurer's risk. or reducing losses. If such agreement
<br />provides that an actions of Lender takes a share of the insurer's risk in exchange for a share of the
<br />premiums paid to the insurer, the arrangement is often termed "captive reinsurance." Further :
<br />(a) Any such agr cemenis will era affect the amounts that Barrows has agracd to pay far
<br />Mortgage Insurance, or any other terms of the Loan. Such agreements will not incresse the amount
<br />Borrower will owe for Mortgage Insurance and they will not entitle Barrows to any refund.
<br />(b) Any such agreements will not aflect the rights lisrower has - if any - with respect to the
<br />Mortgage Insurance under Ne Il essom ars Prmeci ion Act of 1998 or any other law. These rights
<br />may include the right to receive certain disclosures, to request and obtain cancellation of the
<br />Mortgage Insurance, to have the Mortgage Insurance terminated automatically, and/or to receive a
<br />refund of any Mortgage Insurance premiums that were unearned at the time of such cancellation car
<br />termioetion.
<br />11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby
<br />assigned to and sbell be paid to Lender.
<br />If the Property is dvnaged, such Miscellaneous Proceeds shall be applied to restoration or repair of
<br />the Property if the reelection or repair is economically feasible and Lender's security is ail lessened.
<br />Ouring such repair and restoration period, Lender shall have the right to hold such Miscellaneous Proceeds
<br />will Lender has had an op rtwiry to inspect such IYnrpe1ty to ensure the work has been completed m
<br />LenJer's satisfaction, provided than such inspection shall be undertaken promptly. Lender may pay for the
<br />repairs and restoration In a single disbursement or in a series of progress payments as the work is
<br />completed. Unless an agreement is made In writing or Applicable Law requires interest to be paid can such
<br />Miscellaneous Proceeds, Lender shall not be required to pay Borrower any Interest or earnings on such
<br />Miscellaneous Proceeds. If the realization or repair is not economically feasible or Lender's security would
<br />be lessened, the Miscellaneous Proceeds shall be applied to the sums secured by this Security InshumanL
<br />whether or wl then due, with die excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be
<br />applied in the order provided for In Section 2.
<br />In the event of a total taking, destruction, or lass in value of the Property, the Miscellaneous
<br />Proceeds shall be applied to the sums secured by this Security Investment, whether or not then due, with
<br />the excess. if any, paid to Borrower.
<br />In the event of a partial taking. destruction, or less in value of the Property in which the fair market
<br />value of the Property immediately before the pardal taking, destruction, or Inns m value is equal m or
<br />greater than the amount of the sums seemed y this Security Instrument immediately before the partial
<br />taking, destruction, or loss in value. unless Borrower and Lender otherwise agree in welting, the suns
<br />secured by this Security Instrument shall be reduced by Bne amount of the Miscellaneous Proceeds
<br />multiplied by the following fraction: (a) the meal amount of the scans secured immediately before the
<br />partial raking, deshurian, or loss in value divided by (b) die fair market value of the Property
<br />himmilialely before the partial taking, destruction. or lass in value. Any balance shall be paid to Borrower.
<br />In the event of a partial taking, destruction, or loss in value of the Property In which the fair market
<br />value of the Property immediately before the partial taking, destruction, or loss in value is less than the
<br />amount of the sums secured immediately before the partial taking, destruction, or loss In value, unless
<br />Borrower and Lender otherwise agree ten writing, the Miscellaneous Proceeds shall be applied to the sums
<br />secured by this Security Instrument whether or not the sums are then due.
<br />B the Property is abandoned by Borrower, m if, after notice by Lender to Borrower that the
<br />Opposing Party (as dermed in the next sentence) oRws to make an award in settle a claim for damages,
<br />Burrower fails to respond to Lender within 30 days after the dare the notice is given, Lender is authorized
<br />to collect and apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the
<br />sums secured by this Security Instrument, whether or not then due. "Opposing Parry" means the third party
<br />that owes Borrower Miscellaneous Proceeds or the party again,• whom Burrower has a right of action in
<br />regard to Miscellaneous Proceeds.
<br />Burrower sha8 be in default 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 other material impairment of Lender's
<br />interest In time Properly or rights under llds Security Instrument. Borrower can cure such a default and, If
<br />acceleration has occurred, reinstate as provided in Section 19, by causing tiro actta or proceeding to be
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