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2� 1 �� 1143 the sums secured by this S�cur�ty Instrument sha�l be reduced by th�amount of the Misc�llaneous Praceeds mu�t�plied hy the follvwing fra�tion: [a�the total amount of the surns secured immediate�y before the partial ta.king,destruction,or loss in value di�ided by(b�the fair market�alue of the Pr�perty immediateiy before the partial taking,destruction,�r lass in value.Any ba�ance sha�1 be paid to B orrn�ver. In the event af a partia�ta.king,destruction,or�oss in�alue�f the Property in which the fair maxket �alue�f the Proper�y immediately before the paertia�talcing, destruction,or�oss tn�alue is less than the amount of the sums s�cured immediately before t�ie par�ia�ta.king,d�structian,or loss in value, un�ess Barrower and Lender otherwise agree�n writing,the M�scellaneous Proceeds shal�be applied to the sums secur�d by this Security Instrument wh�ther or n�t the sums are then due. If the Proper�y�s abax�doned by Borrower,or if,after notice by Lender to Barrower that the�pposing Party(as d�fined in the next sentenc�)of�ers to ma�e an award to settie a claim for damages,Borrower fai�s t�respond to Lender within 3�days after the date th.e natice is given,Lender is authorized to callect and apply th�M�scellaneous Pro�eeds either to restoratian or repair of the Property�r to the sums secured by this Secur�ty Instrument,wheth�r or not then due. "�pposrng Party"means the third pa.r�y that owes Borrawer M�scellaneous Pr�ceeds or the party aga�nst whom Borr�wer has a right of action in regard to Miscellar�eous Proceeds. Borrower shall be in defau�t if any action or proceeding,whether ci�il�r crim�na�, is begun that, in Lender's judgment,could result in farfeiture�f the Property or other material impairment of Lender's interest in the Proper�y or rights under this Security Instrument.Barrower can cure such a defau�t a.nd, if acc�leration has occurred,reinstate as pro�ided in Section 18,by causing the action or proceeding ta be d�smissed with a ru�ing that, in Lender's judgrnent,precludes forfeiture of the Prop�rty or other material impairm�r�t of Lender's interest in the Pro��rty�r rights und�r th�s Security Instrument. The proce�ds�f any award or claim for damages that are attributa.ble to the impairment of Lender's interest in the Property are h�reby ass�gned and sha1�be paid to Lender. Al�Misce�laneous Proceeds that are not applied to restorati�n or repair of the Property shall be applied in the order prov ided for�n S ecti an�, �1'I. Borrower Not Reieas�d; Forbearance By Lender Not a'�IVai�er. Extension of the time f�r payment ar modificatian of amortization of the sums secured by thi� S�curity Instrument granted by Lender to Borr�wer or ar�y Successor in Interest of Borrower sha�l not�p�rate to re�ease the liahility � of Bflrrower or any Successors in Interest of Borrawer.Lend�r shal�not b�required to commence proceedings against any Successor in Interest of Borrawer or to r�fuse to extend time for payment �r otherwise modify amortization of the sums secured by this Security Instrument by r�ason of any demand made by the origina�Borrower or a.ny Successors in Interest of Borrower.Any forbeaxance by Lender in exerc�sing any right ar remedy in�lud�ng,�vithout Iimitatian,Lender's acceptance of payments from third persans, entities or Successors in Interest of Borrow�r or in amounts less than the amount then due, shall not be a waiver�f or prec�ude the��ercise of any right or remedy. '�2. Joint and Serrera! Lia��lity; Co-signers� Successors and Assigns Bound. Borr�wer covenants and agrees that Borrower's obligations and lia�ility shall be joint aend se�eral.However, a.ny Barr�wer who co-signs this Security Instrument but does not execute the Note(a"co-signer"�: �a}is�o�-signing this Security Instrument only to mor�gage,grant and con�ey the co-signer's interest in the Praperty under the terms of this Security Instrument;�b}is n�t personally�biigated to pay the sums secured by this Secur�ty Instrument;and�c}agrees that Lender and any other Borro�ver can 23D�39fi280 FHA Degd of Trust-NE 913�l2014�rev�115} Bankers System s""VMP� aBP2��5 Wblters K3uwer FinanaiaE Services ��1 fiD2DB15.3�3406-N��151�19N Page 9 of i 5