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��14�4�55 <br /> � In the�vent of a tntal�aking, d�struction, or l�ss in value af th�Pr�perty, the M�scellan�ous Yro�e�ds shall bf <br /> applied to �he sums s�cured�y��i� S�curit� InS�rumen�, whet�er ar na� �hen due, wi�h the excess, iC any, paid�� <br /> Borrawer. <br /> In the event af a partial taking, destruc�ian, or �oss in va�ue af the Pr�per�y in which the fa�r�market value o <br /> the Property xmxn�diate��hefore�he par�ial takin�, destruG�i�n, or lass�n v��ue�s equa��o or�r�a��r�han��e a�oun <br /> of the sums s�cured b}��h�s Security �nstr��rn.en�immed�atei��befor��he par�Yal taking, des�ru��io�., or loss in�alue, <br /> un�ess Borrower and Lender atherw�se agree in v►�-zting,�he sums secured�ay this Security Instrumen�sha��be redueec <br /> by the amount of the Misc�llaneou�Proce�ds rnul�iplYed by th�f�llnw�n� fraction: �a��he ta�ta� amaunt vf�h�su�; <br /> secured imme�.i�.��Iy before the�aarti���aking, destructian, a�r lass i:n�alu�divYded by��the f�.ir mar�et�alue of thF <br /> Proper�y immedi.ately before�he part�a�ta�ing, destruction, ar loss�n val.�e. Any�alance shal�be paid to Borro�er <br /> �n the ev�nt of a p��-�ia��aki��, des�xucti.on, or lnss in va�u�af the Property in�nrhich�he �'ai.r ma�-ket�a�ue c� <br /> the Proper� i�nmediately�efare the pa�r��a1 ta�ing, destru��ion, ar loss in�a�ue is ��ss than�h��nount of�he sum. <br /> secured imrnediate�y before the par�Yal�aking, de�tructi�n, or loss in �a�ue, un�ess Borro��r and Lend��-o�hervWis� <br /> a�ree in writi��, the Mxs�el�an�ous PrQce�ds sha��be appli�d�Q�he�urns�e�ured by th�s Se�urity�nstrumerit wh��hea <br /> or nn��he sums are th�n due. <br /> If the Praper��s abandoned by Borrawer,ar if, after���ice b�Lend�r�o Barroti���r that the�ppos�g Part���.� <br /> ��fin.ed �n �he r�ext ��n�en�e} offers�� n�ake a� award�o se�tle a ciairn for dama��s, Borrawer fa�ls to respond tc <br /> Lend�r v�i�hin 3� days after the date�he�atice is gi�en, Lender is au�hoxx�ed to collect and ap�ly�he M��cel�anevu: <br /> Proceeds either�o restarat�on or repa�r af th.e Property o�r tfl the sums secured by this Security Instrument, whethe� <br /> or not�h�n due. "�pposing Party" �neans thc fhird party that owes B�rra�nrer M7sce��an�ous Procecds t�r the part� <br /> aga�nst wham �orravver has a right�f�c�i�n in regard to Miscel�an��us Proceeds. <br /> Borrower shall b�in default�f any actian ar proceeding, �hether civil or crimir�a�, is begun that, in Lender'; <br /> jud�rn��t, cou�d resul�Y�#'orf��ture of th�Property or oth�r mater�al i�x�pairrnent of Lender's in�eres�i�a�ch�Pra��r� <br /> or r�gh�s und�r this S�ecurity Ins�rum�n�. �orr��ver Gan cure su�h a d�fault and, if accelera-riaM�as occurr�d,r�in�tat� <br /> as pro�ided in Sect�an 18, by �aus�ng �he ac�ion or proc�ed�ng to be dismissed v�Ti�h a ruling �hat, in Lender'; <br /> judgmex�t, �recludes farfeiture of�he I�roper�y or a�her mater�a� impairmen�af Lender's ir�t�r�st �n�he Prop�� oa <br /> rights urider�hi� Se�ur�ty Instrurnen�. Th� proceeds of any aw�rd c�r c�aun for dama��s�ha�: are att�-�bu�able to�h� <br /> impairmen�of�Lender's�nteres��n the Pr�per�ty are hereby assigned and shall be pard�o Lender. <br /> A1� Miscellaneous praceeds that �re nat ap����d to r�s�aration �r r�paz�r of the�'raperty shal� be appl.ied in thf <br /> arder prorrid�d for�n Se�tion�. . <br /> 11. BQrro�+ver�Tot Releas�d; Fo�rbearan�e By Lender Not� Wa��er. Extension of�he time for payr�en�o� <br /> madification �f amor�rzation of the sums secure�b�th�s S�curity Instru.r�en�granted�ay L�nd�r to B�c��-r�wer ar an� <br /> 5uccessar�� Ix�te�rest �f Borro�ver s�all n�t op�rate to r�lease�h� liabi�i� of Borrower ar a�� Successars 7n In�eres <br /> af B�rrov�er. Lend�r sha�� not�e re�uired�a �ommence p���eedings ag�ins�any Succ�ss�r in�nterest af Borr�v��� <br /> ar �o refus� t� exten� �im� for �aym�nt �r a�herwise modify am�r����.�ica� �f the sur�s s�cured by �h�s �ecurit� <br /> Tnstrumen�by reason af any dema�c�ma.de by the original Borrawer�r any Successors in In�eres�af 8orr�Wver. An� <br /> forbearance by� Lender in exercisin� any r�ght or remedy inc�uding, w��hout limi�at�on, Lender's acceptance o� <br /> paym�nts from third pe.rsons, entit�e� or 5uccessors in Znterest�f Borroverer ar i.n amounts�ess�han the a�-r�ount th�r <br /> due, sha11 �o� �e a wai�er of�r preclude�he e�erc�se of any right ar r�m edy. <br /> 12. J��nt and Severa�Liabilit�r3 �o�-signer•s; Successars and�.ssi�ns�Qund. Borro��r��venan�s and a.bree� <br /> that�orrower's obZig���ons and l�abx�x.�y shall b�Jo�nti and s��era�. Howe���-,�n�Borra�v�er who c���ig�as tih�s SeGurit� <br /> Instru�neri��u�does no�e�ecute the N����a."�a-s��ner"}: �a��s�a��i�nin�this�ecur�ty�ns�ru�n�n�on�y��mort�age. <br /> grant and con�e� �he co-signer's interes� xri �he Propert�T ur�der th� �erms �f�his Se�ur�ty Ins�ru�men�; �b} is xno <br /> �ersona�Xy ot�l�ga�ed �o pay the sum� �e�ured by th�s Security Instrument; a�d�G� agrees tha�Lender �nd an� othe� <br /> Borro��r�an a�xee to�xt�nd, mo�zfy, �arbear�r make any ac���nma�.a�ions with regarc����h��.erms of this Securit� <br /> Instrumen� ar��e Note v�i�hou�the c�o-51�1��"�5 CnI15�Ilt. <br /> Subj��� �o the pravisions af �e��ian 1.7, any Successar �n In�eres� af Borrower v�ho assumes ��rrov�er'; <br /> obl�gatio�s und�r�his Securi�Ir�s�rum�n�i�v�riting, and is�.ppro��d by Lender, shall ob�ai�all of Borrower's righ�� <br /> and benef��s under�his 5�curity Ins�-um���. Borravver shall not�e re�eased from Borrflwer's oblig�.�ions and�iabi�it} <br /> hIEBRASMCA-Single Family--UNIF�R�III II�STRUMENT ����a �� �, <br /> II�C�D�F�ED F�R DEPARTMENT DF VETEF�ANS AFFAIRS � �"� <br /> �REV. 11a'#} Page 8 of 14 vvv�w.a�oc�rragi�.��n <br />