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2� 1 ��5212 In the e�ent of a par��a�taking,des�ruction,or 1�ss in value of the Property�n v�rh.�ch�he fair market �alue of the Property immediately before the partial ta.k�ng,destruction,or loss in value is less than�he amount of the sums secured immed�ately�efare the partial taking,destruction, or�o�s in�alue,unle�s Borrower and Lender otherwise a�ree in writing,the Misc�llaneou�Proceeds shall be applied�o the sums secured by this Se�urity Instrument whether or n�t the sums axe then due. If the Property is abandoned by Borrawer,or if,after notiGe by L�nder ta�vrro�w�r that the�pposing Party(as defined in the next sen�ence}�ffers�o make an award t�settle a claim for damages,l�orrotiver fails to respond to Lender within 3�days after the da�e�he not�ce is giv�n,I�ender is authori�ed ta col�eet and app�y th�Miscel�aneous T'roceeds either to restoration ar repai.r af the Proper�y or�o�he sums secured��this Security Instrument,�vhether or not�hen due. "�pposing Party"means the th�.rd party that o�es Borrov�er Miscellaneous Proceeds or the party again�t�vhom Borrower has a right�f action in regard to Miscellaneaus Pr�ceeds. Borrow�r sha��be in d�fault if any action or proceeding,whether civil or crimina�,�s begun that, in Lender's judgment,cauld result in forfeiture of th�Property ar oth�r mater�a�impairment of Lender's iri�erest in��e Property or rights�nder this Security Instrument. Borrower can��.r��u�h a default and, if acceleration has occurred,reinstate as provided in 5ect��n 18,by causing the action or proceeding to be dismissed with a ru�in�that, in Lender's judgment,precludes farfeiture of the Property ar other material impairment of L�nder's i�nterest in the Property or rights under this S�curity In�trument.'The proceeds of any a�ard or claim for damages that are attribut�ble to the impairment of Lender's interest i�the Property are hereby assigned a�d sha11 be paid to Lender. A1�Miscellaneous Proceeds that are not applied to restoration or repair of the Property sha11 be applied in the arder provided for in Seet�on 2. ��!, Borr�ower lV�t Re�eas�d;Fvrbearanc�By LenderNat a Wai�er. Extensi�n of the time f�r paym,e�.t ar madi�c�.tion vf amar�i�ation�f the st��s s�et�red��th�s�ecur�t�Instrument gra�ted b�Lender to Borrower or an�Succ�ssor in Interest of�orrower sha�l not operate to relea�e the liability of Borrow�r�r any Successars in Interest of B�rrower. Lender s��11 nat be required to can�mence proceed�ngs against any Success�r in Interest of B�rrower or to refuse to ex�end time for paym�nt or otherwise modif� amorti�ation of the sums secured by this Security Instrument by reason of any demand made by the original Borrativer or any Successors in Interest of Borrower. Any forbear�nce by L�nder in�xercising any right or remedy including,wi�hout limita.tion, Lender'�accepta.nce of payments from t�ird persons, entities or Successors in Interest of Borrotver ar in amoun�s�ess than the amount then due, shall not b�a waiver of or�areclu�te the exercise of any right or remedy. 'I�. Joint and Several Lia�ility;Go-sig�ter�s;5u�cessorsand�4ssigns Bound.Borr�t�er cove�ants and agrees that Barr��ver's o�ligations and liability sha11�a�j�int and se�eral. Ho�ever,any Borr�wer urho co-signs this Security In�trument bu�d�e�no�execute the Note(a"co-signer"}; �a}is co-signing this Security Instrument only to martgage,grant and convey the c�-signer's in.terest in the Proper�y under the terms of this Security Ins�rument; �b)is no�p�rso�.ally ab�igat�d to pay the sums�ecured by this Security Instrument;and(c}agrees th�.t Lender and any other Borro�ver ca�agree to extend,mod�fy, forbear or make any accomm�dations with regard ta the terms of this Security�nstrument or the Note without th� co-signer's consent. FHA❑eed of Trust With MERS-NE 9l3012�14 6ankers 5yst�msTti+ VMP� VMP4N(NE}�154fi}AQ Woliers Kluwer�ir�ancial Services Page 1�of 17 q�3359779G8� �Z33 3�3 1�1�'