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� ��1 5��748 In the ev�n�of a partial ta�ing, destruction, �r 1�ss in va�ue af�he Property in v�hich�he fair mar�Ce� �alue�f th�Proper�y immed�atel}�before the par�ial tak�ng, d�struction, or lass xn�alue is less than�he amaunt af�he sums secured imrnediately hefore the partial tal�ing, destruc�i�n, or�oss�n value, unless Borrower and Lender�therw�se agr��in wr�ting, the Miscellan�ous Proceeds sha��be applied�o the sums secured b�this Security Instrum en�wh�ther or no�the sums are�hen due. �f the Proper�y is abandaned l�y Borrower, or if, after not�ce by Lender to Borra�er tha�the Qppasing Party�as d�fined in the n��t s�nt�nce�offers to make an avvard�a s�ttle a�lai�n for damages, Borrawer fails�a respond to Lender with�n 30 da}�s after�he da.te the nvtice is gx�ren, L�nder�s autharized�o cvllect and apply the Miscel�anevus Proceeds ei�her t�res��rat�.on or repair of the Prap�rty ar�a the sums secured b��his Security Instrument, whether flr not then due. "�pposing Party" n7eans the�hird par� tha�ovves Borr�vver Miscellane�us Proceeds ar�he part~y agains�wh�m Borrower has a righf of action in regard�o Miscellaneous Praceeds. Bnrro�ver shall be�n d�fault if any ac�ian or pro�eeding, whe�her civ�l or crimina�, is begun tha�, in Lender's judgment, cauld resul�in f�rfe�ture of th�Pr�perty�r�th�r rnaterial�mpairrn�nt of L�nder's interest in the Pr�perty or r�gh�s under�h.is Security Instrument. Borrawer can cure su�h a defaul�and, if acceleration has accurred, reinsta�e as pravided in Section �S, hy cau�ing th�acti�n nr proce�ding�o be dismiss�d with a ruling that, in Lender's judgment, pr��ludes forfeiture❑f the Property or other rnateria� i.rnpa�r�men�of Lender's interes�in th�Pr�p�rty or r�ghts und�r th�s Se�urity Instrumen�. The pra�eeds af any award or claim for damages that are attributab�e to�he impau�men��f Lender's int�res�in the Prapert�ar�hereby ass�gned and sha�1 he paid to Lender. AII Mis�el�ar�e�us Praceeds that are no�appl�ed to restorat�vn or repair nf�he Property shall be appli�d in the�rder pro�i�.ed far in 5�c�ion�. �I'�. Borr�wer N�t Releas�d; Forb�aran�e By Laender N�t a l�lraiver. Extension of�he t�me for payment or m�dification af am�rt�zation of the sums secured l�y this Security Instrum�nt granted by Lender tfl Borrvwer ar any 5uccessar in Int�rest of Borravver sha.11 not opera�e�o re�ease the liability of Barrflwer or an� Su�cessors in Interest of Borrower. Lender shail n�t be required��c�mm�nce proceeding�against any Successor i.x�Int�res��f Borrov�er ar to refuse�a�xtend time f�r payment ar fltherwise modify amar�i�a��on of�he sums secured by�his Securi�y Instrurnent by reason af any demand made by the original Barrov�er�r any Success�rs in Inter�st�f Borr�wer. Any farbearance by Lender in e�ercising an}�right or remed�includ�ng, without Iimi�atian, Lender's ac�ep�ance of payments fram third persons, entities or Successars i_n In�erest of Barrov�er ar in arnounts l�ss than�h�amount then due, shal�not be a wa�v�r af�r prec�ude the e�ercise�f any right flr r�n�edy: �2. Joint and Severaf Liabil�ty; ��-s�gn�rs; Successors and Assigns �und. Barrov�er�o�enants and agrees tha�Bvrrovver's ol�l�gations aYad�iability sha�l be join�an.d several. Howe�er, any Borrower who co-s�gns�his 5ecurity Instrument but does not e��cute the I��te(a"co�signer"}: (a}is�o-signing this Security Inslrument�n��tv mortgage, �rant and can�r��the co-signer's interest�n th�Proper�y under�he �erms�f this Se�ur�ty Instrumenti; �b}is not personally ol�I�gated to pay�he surns se�ured 1�y this Securi�y Instrument; and�c)agre�s that Lender and an�other Barr�wer�an agree to ex��nd, madify, f�rbear or make any accommadations wi�h regard to�he terms of�his 5ecurity Instrument or the Ir��te without�he �o-signer's consent. 2D�5-274'(5�3 "l DQD�}9T��i�'1�497729 8�fi5 FHA Deed of Trust With M�RS-NE ��❑��'� Bar�k�rs 5ystem��M VMP C� VMP4N�NE){�5p6) Wolters Kluw er Fnancial 5�rvices 9f241�0'�5�:33 PM Page 1 Ct af 17