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2� 1 ��7892 In the event of a partial taking,destruction,or loss in�alue of the Property in which the fair market value of the Propert�itr�mediately before the partial taking,destructian,or lass in value is less than the amount of the sums secur�d immedia�ely before the partial taking,destruction,nr�oss in value,unless Borro�ver and Lender other�ise agree in v�riting,the Miscellaneous Proceeds sha11 be applred ta the sums secured by this Security Instrumetat�uhether ar not the sums are then due. If th�Praperty is abandoned by Borro�ver,�r if,af�er notice by Lend�r�o Borrow�r that�he�pposing Farty(as defined in the n�xt sentence�affers to make an award to settle a clarm far damages, Borrower fails to respond to Lender within 3�days after the dat�the notice is gi�en, Lender is authoriz�d to co�lect and ap�1y th�Miscellaneous Proc�eds either�o restar�tion or re�air af the Prnperty vr to th�sums secured by this Securi�Instrument,whether or not then due. "�pposing Party"means the third party that o�ues Borr�wer Misceitaneous Proceeds or the party against whom$orrovver has a right of action in regard�o Miscellaneous Proc�eds. Bonower sha��be in default if any action or proceeding,�vhether c€v�l�r criminal, is begun that, in Lender's judgmen�,could result in farf�iture of the Property or other material impai.rment af Lender's interest in the Property or rights under th�s Secur��y Instrument. Borrower can cure such a default and, if acceleration has occurred,reinsta.te as pro�ided in Secti�n 18,by causing the action or proceeding to be dism�ssed with a ruling that, in Lender's judgment,pr�c�udes forf��ture of the Property or other material impairment of Lender's in�erest in th�Property or rights under this Security Instrument.The proceeds of any award or claim for damages that are attributable to t�.e impai.rment of Lender's interest in.�he Property are hereby assigned and shall be paid to Le�.der. All Miscetlaneaus Proceeds that are not appli�d to restora��on or repair of the Property shall be applied in the order provided for in Sect�an 2. '�'�. Borrow�r Not Re�eased;ForbearanceBy LenderNvt a Illfaiver. Extension of the time for payment or madification of am�rtization of the sums secured by this 5ecurity ias�rument granted by Lender to Borrower ar any�uccessor�n Interest af Borrower sha11 not operate to rele�.se the liabi�ity of Borrower ar any Successors in Interes�of Borrower. Lender shall not be required to comm�nce proceedings against any�u�eessor in Interest of Borrower or to ref�se to extend time for payme�t or otherwise modify amortization of the sun�s s�cured by this Security Instrumen�by reason of any demand made by the original Borrower or any Successors�n Interest of Borrower.Any forbearance by L�nder in exercising any right or remedy including,without limitatioa, Lender's acceptance of payments from thixd persons, ent�ties or Successors in Interest of Borrower or in amaunts less�han the amount then due, sha11 not be a wai�er of or prec�ude the exercise af any right or remedy. '�2. Joint and Se�eral Liability;�o-signers;Successorsand Assigns Bound.Borrovver co�renants and agrees that Borrower's abligatians and liability sha11 be joint and se�eral. Havv�ver,any Borro�uer wha co-signs this Security Instrument but does not execute the Note(a"co-s�gner"}: �a}is co-signing this Security Instrument anly ta mortgage,grant and con�ey the co-signer'�interest in the Proper�y under the terms of this Security Instrument; (b)is n�t personat�y obligated to pay the sums secured by this Security Instrument;and(c}agrees that Lender and ar�y other Borrower can agree tv extend,modify, forbear or make any acco�nmodations with regard to the terms of this Security In.strument or the Note without the co-signer`s cansent, FHA❑eed of Trust With MERS-NE 913�12014 Bankers SystemsTM VMP� VMP4N(NE}(1546}.�4 Wolters Kicrwe�Financial Setvi�es Page 14 of 17 q�3361294$65 4Z33 443 1�17