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2� 1 �� 1 � 19 In the event�f a partia�taking,destruction,or loss�n.va�ue of the Proper�y in which the fair market value of the Property immediately before the partial taking,destruction,or loss in valu�is less than the amount of the sums secured immedia�ely�efare the partial taking,destruction.,or loss in va�ue,unless Bvrr�wer and I�ender other�cr��e agree in v�r�ting,the Mxs�e�laneous Prv�eeds shall be ap�lied to the sums secured by this Security Instrument whether or not th�sums ar�then due. If th�Property is abandoned by Borrower,or if,after notice by Lender ta Borrow�r that the�pposing Party�as defined in the next sen�ence}offers to make an award to settle a claim for da�nages,BQi'TOW�r fa�ls to respond to Lender w��hin 3�days after th�date th�notice�s giv�n,Lender is authorized ta ca�lect and apply the Miscellaneous Procee�s either to re�torati�n or repau af the Property�r ta the�ums secured by this S��urity Instrument,whether ar not then due. "�ppasing Par�y"means the third party that owes Borr�wer Miscellaneous Proceeds or t�.e par�r against whom Borrower has a right of action in regard to Miscellaneaus Froceeds. F3orrovver sha11 be in default if any action or proceeding,whether civi��r criminal,is begun that, in Lender's judgment,could resul�in forfeiture of the Praperty or other mater�al impaument of L�nder's inter�st�n the Froperty or rights under�his Security Instrument. B�rrower can cure such a default and, if acceleration has o�curred,reinstate as provided in Sec�ion 1 S,by causing the action or praceeding to b� dismissed with a ruling that, in Lender's judgmen�,prec�udes forfe�ture of th�Property or other material impairm�nt of Lender's interest in the Property or r�ghts under this Security Instrun�ent. The proceeds of any award or claim for damages that are attributable to the�mpairment of Lender's interest in the Froperty are hereby assigned and sha11 be paid tv Len�er. A��Miscellaneous Proceeds that ar�not applied ta restaration or r�pau of the I'roperty shall be applied in �he or�ier provided far in Section Z. 1'I. Borrov�rer Not R�leased;For�earanceBy LenderNot a 1111ai�er. Ex�ension af�he time for paymeat or mad�fication of amortizatioa of the�ums secured by this Security In�trument granted by Lender to Barrower or any Successor in Interest of Borrower sha�l not apera.t�to release the lia�ility of Borrotiver or any Successors in Interest of Borrawer. Len.der sha11 not be requued to com�mence proc�edings aga��nst any Successor in.Interest of Borrawer or��refuse to extend tirne far paymea�or ather�ise modify amortization of the sums se�ured by thi�Secur�ty Instrument by reason of an�demand made by the original$orra��r or any Su�cessors in I�terest of Borro�ver.Any farbearance by Lend�r in exercising any right or remedy including,without�imi�ation,Lender's acceptance of payments fram thu�pers�ns, entities or Suc�essQrs in Interest�f�orrower or in amoun��less than the amoun�then due, shall not be a waiver of or preclude the exercise of any right or remedy, 'I�. Joint and 5er►eral Lia�ility;Co-signers;Success�rsand Ass�gnsBound.�orrower co�enants and agrees that Borrower's o�ligations and liability shal�be joint and s�veral. However,any Barrower tivha co-signs this Security Instrum�nt but does not execu�e the�ote(a"co-sign�r"}: �a}is co-signing this 5ecurity In�trument only to mortgage,grant and convey the ca-signer's interest in th�Property under the terms�f this Security Instrument; (b}is not personally obligated to pay�h�sums secured by this Security Instrument;and�c}agrees that Lender and any other��rrower can agree ta extend,modify, forbear or make any accommodatian.s with regard to the terms of this Security Instrument or th�Note w�th�ut the co-signer's consent. FHA�eed af Trust With MERS-NE 913412n14 Bankers SystemsT�+� VMP� VMP4N�[dE}(15�6}.4� Wvlters Kl�w+er Financial Services Page 14 of 17 q�33513G7258 �233 348 1�17