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2� 1 ��579� In the�vent�f a pa.rt�al taking,destruct�on,or loss in value of the Property in vvhich�he fair marl�et va1u�af the Proper�y immediately before the partial taking,destruction,or loss in�alue is less than the amount of the sums secured immediately before the partial taking,destruction,�r lvss in value,unless B�rrower and Lender other�vise agr�e in�riting,�he Miscellaneous Proceeds sha11 be app��ed ta the sums secur��by this Security Instrument whether or n�t the sums are then due. If the Prop�rty is abandoned by Borro�ver,or if,after notice by Lender to Borrower that the�pposing Party(as def�ned�n the next sentence)offers to make an a�vard to settle a claim for damage�,�orrower fails ta respand tn L�nder within 30 days after the dat�th�notiee is gi�en,Lender is authorized�o c��lect and appl��he Misce��neous Praceeds e�ther to r�storation or r�pair of the Property or to the sums secu.red by this Secur��y Instrumen�,�vhether�r n�t then due. "Qpposing Party" m�ans the third party that awes Borrawer Miscellan.eous Praceeds or the party against whom Bano�ver has a right of action in regard ta Miscellaneous Prv��eds. Borrower sha�t be in default if any action or proceeding,whether ci�il or criminal, is begun that, in Lender's judgment,could r�sult�n farfeiture of the Property or other material impai.rment af Lender's interest in the Property or right�und�r�his Security Instrument.Borrower can cure such a default�nd, if aece�erati�n has occurred,reinstate as pro�ided in Section �S,by eausing the aGti�n�r pr�ceeding to be d�sm�ssed�vith a ru�ing that, in Lender's judgment,precludes forfeiture of the Pr�p�rty or other material impairment of Lender's�nterest in the Proper�y or rights under this Securi�Instrument. The proceeds of any award ar G1aim for damages that are attributab�e to the impairm�nt of Lender's interest in the Property are hereby assigned and shall be paid to Lender. A11 Miscellaneous Froceeds that are n.vt applied to restoration or repair of the Prop�rty shall be applied in the order pravided f�r in Section 2. 1�I. �orrvwer Not Re�eas�d;Forb�aran�eBy Lender�IVot a Waiver. Extension of the time for payment or modification of amortization.of�he�ums secured by this S�cur�ty Instrument grant�d by Lender to $onower or any Success�r�n Inter��t of Borrower sha11 not�perate to re�ease the 1ia�ility of Bono�er or any Successors in Interest of Bvrrower. Lender sha11 not be requir�d tc��omn�.ence proceedings agains� any Successor in Interest of Borrower or t�r�fu�e�o extend tim� far payment or otherwise modify amarti�ation of the sums secured by this Security Instrument b�r reason af any demand made by the ori�inal Borrower or any Successors in Int�r�st of I3orrower. An.y forbearance by Lender in exercising any r�ght or remedy inc�uding,wi�hout l�mitation,Lender's acceptance of payments fram th�rd persons, ent�t�es or Successors in Int�rest of Banower or in amounts less than the amount then due,�ha11 not be a �vaiver�f or preclude the exercis�of any right�r rem�dy. �Z. Jvint and�e�eral Liab��ity;Cv-signers;�uccessorsand AssignsBound.Borrower covenants and agr�es that Borrv�er`s pbligations and liability shall b�joint and s�ver�.�. However,any Borrow�r wha �o-signs this Security Instrument but does n�t execut�th�Note�a"co-signer"}: (a�is ca-si�ning this Security Instrument only to mortgage,grant and canvey the co-signer's interest in the Property under the terms of this Security Instrument; [b}is not personally obligated to pay the sums s�cured by th�s Security Instrumen.�;and(c)agrees that Lender and any other BorraWer can agree to extend,modify, forbear ar make any accommodations with regard t��he terms of this Security Ins�rumen�or the Note with�ut the co-signer's consent. F HA Deed of Trus#VII�#h M ERS-N E 913bl�4�� Woiters Kl uw�Fi naa c a S��ces V M P4N[P�ge 140�6�.44 q4 359816158 0233 354 1�17