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2� 1 ��5932 In the�ve�t of a partial�king,destruction,or loss i��alu�e of the�'rop�rt�in which the fair txiarke� value of t�ie Property irnm�d�ately bef�re the paa�tial tal�ing,destruction,or��ss�n value is les��ha�th� amount�f the sums secured in�nediat�ly before t�.e pa,�ti�l ta,king,destru�tion,ar�oss in valu�,un��s� B�rrower and�end�r otherwise agree in wr�ting,the Mis�c��aneous Froc�eds shal�b�app��ed to th�sums secured by this Security Ins�rument whether or not the sums are�hen due. If the Property is aban.doned by F3orrower,or if,a�er notice�ay Lender to�3orarower tha�the�ppos�ng Party�as d�fined in the next sentence}offers to rnake an award to sett�e a claim for damages,Borrower fails ta respond to Lender w��hin 3 Q days after the dat�the notice is g��en,Lender is authoriz�d to collect and apply th�Misce�laneous Proceeds either to restaration or repair of th�Praperty or to the sums secured by this Securi�y Instrument,wh�ther or not then due. "�pposing Party"means the thi.rd party that owes Borrow�r Misce��aneous Proceeds or the party against whom Borrower has a right of acti�n in regard ta M�scellaneous Proceeds. Borrower sha11 be in default if an.y action or proceeding,whether civil or criminal, is begun that, in Lender's judgment,could result in forfeiture of the Prope�ty or other material impaument of Lender's interest�n the Property or rights under this Secur�ty Instrument. Borro�ver can cur�such a default and, if acceleratian has occurred,reinstate as provide�in Section 1 S,by caus�ng the actian or proceeding to be dismissed with a ruling that, in Lender's judgment,preclude�farfeiture of th�Property or other material impairment of L�nder's interest in the Property�r rights under th�s Secur�ty Instrument. The pro�eeds of any award or claim for damages that are at�ributable t�the impaument of Lender's int�rest in the Property are hereby assigned and shall be pa�d to Lender, A11 Miscellaneous Proceeds that are n.ot applied to restaration or repau of the Property shall be applied in the order pro�i�ed far in Section 2. 'I 1. Borr�ower Not Released;ForbearanceBy LenderNot a INaiver. Extension of the time f�r payment or mod�f catian of amortization of the sums secured by this Security Instrument granted b�Lender to Borro�er or�ny�uccessor in Interest of Barrower s�all not operate to rel�ase the lia'bi�ity of Borrawer or any Successors in Int�res�of Borrower. I.ender sha11 nat be required ta commence proceedi.ngs against any Successor in Interest of Borrawer or to refuse to exte�ad time for pa�ment or otherwise modify amartization of the sum�secured by this Security Iastrument by reason of any demand made by the original Bonower or any Su�cessars in Int�rest of Borrower. Any forbearan�e by Len�er in exercising any r�ght or r�medy including,�vi�hout limitation,L�nder's acceptance of paym�nts from th�rd persons, ent�ties ar Successors in Interest of Borrower or�n amounts 1�ss than.the amount�hen due, sha��not be a �vaiv�r of or prec�ude the exercise of any right or remedy. 'I Z. Jv�nt an�d S�r�era�Liabil�ty;�a-s�gners;Successar�and AssignsBour�d.Borrower cvvena�ts and agrees that Barrower's abligatio�s and liability shall be joint and several.However,any Borrower who co-signs this Security Instrument but does not execute the Note(a"ca-signer"}: (a) �s co-signing this Secur�ty Instrument anly to mortgage,grant and convey the co-signer`s in��rest in the Praperty under the terms of this Secur�ty Instrument; (b}is n.o�persanally obligated ta pay the sums secured by thi�Securi�ty Inst�ument;and(�)agrees that Lender and any other Borrower can agre�to extend,modify, farbear or make any accommodations with regard to the terms of this Seeurity In.strument or the Note�v�thout the co-signer's consent. FHA Deed ofi Trust With MERS-1VE 913412�1� Bankers SystemsT�" VMP� VMP4N[NE}(154B],OQ Wolters Kluwer Finan�ial Services Page 1 D of 17 qn335 881�85 �� 3 5�2 1�17