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201109037 (a) Any sach agreements will not affect the amounts that Borrower has agreed to pay for Mortgage Insnrance, or any ot6er terms of fhe Loan. Snch agreementc will not 9ncrease the amount Borrower will owe for Mortgage Iasurance, and they w9ll not eniitla Borrower to any refand. (b) Any sach agreements will not affect the rights Borrower has - if any - with respect to the Mortgage Iusurance under the Homeowaers Proteci3oa Act of 1998 or any other law. T'hese rights may inclnde the right to receioe certain dfsclosnres, to request and obtain cancellation of the Mortgage Insurance, to have the Mortga;e Insurance terminated antomaticalIy, and/or to receive a refand vf anv Mortgage Insurance preminms that were unearned at the time of such cancelTation or termination. 11. Assignmentof MiscellaneousProeeeds;Forteiture,A11 Miscellaneous Proceeds are hereby assigned to aad shall be paid to Lender. If the Property is damaged, such MisceIlaneous Proceeds shall be applied to restoration or repair of the Property, if the restor�tion or repair is economically feasible aud Lender's security is not lessened. Daring such repair and restoration period, Lender shalI have the right to hold such Miscellaneous Proceeds until Lender has had an opportunity to inspect such Properiy to ensure the work has been completed to Lende�s satisfaction, provided that such inspection shall be undertaken promptly. Lender may pay for the repairs aud restoration m a single disbursement or in a series of progress payments as t11e work is completed. Unless an ageement is made in writing or Applicable Law requires in.terest to be paid on snch Miscellaneous Proceeds, Lender shall not be required to pay Boaower aay interest or earnings on such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or Lender's security would be lessened, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument, whether or not then du�, with the excess, if any, paid to Bonrower. Such Miscellaneons Proceeds shall be applied in the order provided for in Section 2. In the event of a total taking, destructioq or loss in value of the Properry, the MisceIlaneous Proceeds shall be applied to the swms secnred by this Secmity Instrument, whether or not then due, with the excess, if any, paid to $orrower. In the svent of a partial taking, destruction, or loss in value of'the Properiy in which the fair market value of the Property immediately before the par6a.1 taking, destruction, or loss in valne is equat to or greater than the amount of the sums secured by this Security Instrament immediately before the partial ta,kiIIg, destrQCtion, oi loss in value, unless Borrower and Lender othenvise agree in writing, the sums secured by this Security Ins�iu�ent ska11 be reduced by the amount of the Miscellaneous Proceeds multiplied by the follo�ving fraction: (a) the total amonnt of the sums secured immediately before the paztial taking, destrnction, or loss in value divided by (b) the fair market value of the Property i.mmediately before tEie partial tal�na, destruction, or loss in value. Any balance shail be paid to Borrower. In tb.e event of a partial talci.ng, destruction, or loss in value of the Property in wlu.ch the fair market va.lue of the Pzoperry immediately before the partia[ taking, destruction, or loss in valne is less than. the amount of the sums secured immed'zately before the partial taking, destntction, oi loss in value, vnless Borrower and Leuder otherwise agree in writing, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument whether or not the s�ums are th.en dne. If the Property is abandoned by Borrower, or i� after notice by Lender to Boaower that the Opposing Pazty (as defined in the next sentence) offers to make an awazd to seitle a claim for damages, Boaower faiLs to respond to Lender within 30 days after the date the notice is giveq Lender is autlzorized to collect and apply the MisceIIaneous Proceeds either to restoration or repair of the Property or to the snms secured by this �� KASingla Family-Fennie Mae/F�eddta Nlac UMWftN] INSTRUMENT WITH A4ERS V � P �� N � t �� Wattais IQwrm� Ftrtartatal5arvicea Page 10 af �7 i�� ii�ii �ii �� i� � i�i� ii��i�ilii iaii��ii �ii