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2� 1 ��5�52 In the event af a partia�taking,destruction,or loss in value of the Pr�perty in which the fair marl�et value of the Property immediately befor�the partial taking,destruction,or l�ss in value is less than the amount of the sums secured imrnediatel�before the partial taking,destruction,or loss in value,unless Borrower and Lender atherwise agree in writing,the Miscellaneous Pro�eeds shall be applied to the sums secured b�this Security Instrum�nt whether or not th�sums are then due. If the Property is abandoned by Barrower,�r if,af�er notice b�Lender ta Borrower that the�.7pposing Par�r(as defined in the next sentence}offers to ma�e an ativard to settle a claim for darnages,Borro�er fails to respond to Lender within 3�days ai�er the date the n�tice is giv�n,Lend�r is authorized to Galle�t and apply the Miscel�a�eous Praceeds either to restoration or repair of the Prap�rty or to th�sums secured b��his S�curi�y Ias�rrument,whether or not then due. "[)pposing Party"means the�hi�rd party that awes Borrower M�sce��aneous Proceeds or the party against whom Borrovver has a right of action in regard to Miscellaneous Proceeds. Borro�ver shall be�n defau��if any action or proceeding,whether civil or cr�minal, is begun that, in Lender's,judgment,c�u�d resu��in forfeiture of the Property�r�ther material impairmen�of Lender's interest in the Property or r�ghts und�r this 5�curity Instrumen�. Borrawer can cure su�h a��fault and, if acceteration has occurred�reins�ate as pr��ided in Section 18,by causing the act�on or proce�ding tc�be dismissed with a ru�ing that, �n Lender's judgment,precludes forf��ture�f�he Property or other mat�rial xmpairment of Lender's�nterest�n the Fraperty or rights und�r this Security Instrument.The proceeds of any award or c�aim for damages that are at�ributable to the impai.rment af Lender's interest in the Property are hereby as��gned and sha11 be paid ta Lender. All Miscel�ane�us Proceeds that are nat applied t�restoration or repair�f�he prope�ty shal�b�apptied in the order pravided for in Sec�ion�. 1�t. Borrow�r Not Released;ForbearanceE�y LenderlVot a VI►ai�e�, Extension of the time for payment or madification af amortization of the sums�ecured by this Seeurity Instrument granted by Le�nder�o Bonower or any Suc�essvr in.Interest of Borrawer sha11 not operate to release th�liability of Borro�er or aay Successor�in�nteres�of Borrower. L�nder sha11 not be required�o commence proc�edings against an�Success�r in In�erest�f B�rrawer or to refus�t�extend time far payment or otherwise modify amortization of the sums�ecured by this Security Instrument b}�reasan of ar�y deman.d made by the or�ginal Barrow�r�r any Succe�sors in Interest of Barrower.�ny farbearance by Lender in exerc�sing any right ar r�medy inc�udrng,withaut limitation,Lender's acceptance of payments from thud persons, en�ities or Succes�rs in.�nterest of Borrou�er or in amaunts less than th�amoun�thea due, sha��not be a wai�er of or preclude the ex�rcise of any right ar r�medy. 'I�. Jo�nt and S�vera!L�abitity;Co-sign+�rs;Sue�essorsand Assi�ns Bound.Borrower covenants and agrees that Borrower's obl�gat�ons and�iabilit�sha�t be joint and several. Hovv�ver,�ny$flrro�er who co-signs this Secur�ty Iastrument but does not execute the Not��a"co-signer"}: �a}is co-signing this Security Instrumen�anly to mor�gage,grant and conve�r the co-signer's interest in th�Property under the terms of this Security Instrum�nt; (b}is nat personal�y abligated to pay the sum�secured by this 5ecurity Instrument;and�c}agrees tha�Lender and any other Bo�`�rower can agree to extend,modify, farbear or make any accommndations�vith regard to the ter�ns of t�iis Security Instrument or the Nate with�ut t�� �a-signer's consent. FHA Deed af TrE.�st With MERS-NE 9/34/2414 Bankers Systems�++ VMP� VMP4N[hIE}[154fi}.d0 Wolters Kluwer Financial Secvices Page 10 of 17 q433597�6fi85 ��33 3G7 1�17