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2� 17��2�5 �n the e�ent of a partial�aking,des�ruction,or lass in value af th�Property in whxch�he fai.r marke� value of the Prapert��mrnediat�ly before the�artYal�aking,destructian,or Ioss in va�ue is less than the amount��t�ae su�s secu.r�d immediately b�for�the partiai#akin�,des�ruction,or Iass in value,un�ess �orra�er a�d�Lendex at�ierv��se agr�e in writing,the Miscellaneous Proceeds sha�1 be applied to the sums s�cured by this S�curi�y Instrument�hether or not the sums are then�.ue. �f the�'r�per�y xs abandoned by Borr�tiver,or ifi after natice by L�nder to Barro�ver that the�pp4sxng party�as defined�n t�ie nex�sentence)�ffers to make an award to s�ttle a cl�irr�for damage�,�orrower fai�s to respond�a Lender wit�in 3�days after the dat�th��atice is given,L�nd�r is authorized ta co�lect and apply th�Misceilaneous Proceeds e�ther to restoratiQn or��pair of�he Pro�erty or to t�e surns secured by t�is Securi�y Instrument,wh�th�r ar nat thea due. "C�pposing Party"means the tk�ird�arty that awes Borrawer Miseetlaneous Proce�ds ar the party against�crham Bo�ro�er has a right flf a��.ion in regard to Miscellaneaus Proceeds. ]�arro�rer sha1�be in defau�t i�any action or pr�ceedit�g,whether ci�il�r crim�nal, �s begun that, in ��nder's�udgmen�,cauld r�suit in forfeiture of the Property or other material irnpai.rment of Lender's interes�in the Property ar r�ghts under this Security Instrurrient. $�rrawer caa cure such a default and, if acc�leration has occurred,reinstate as pravided in Sectivn 18,by causzng the action or proceeding to be disnnissed with a r�ling�hat, in Ler�der's judgment,prec�udes forfeitur�of th�Property or ather material impairment of Lender's�nterest in the Proper�y ar r�ghts under this Security Instrument. The proceeds of any a�vard�r c�aim for damages that are attributabie to t�e impairment of Le�nder'�interest�n the �'roperty are hereby assigned an.d s�all be paid to Lender. A�1 I11liscellar�eous Pro��ed�that are not appi�ed to restorati�n ar repair of�he Pr�perty shall be app�ied in the arder provided�or in 5ection 2. '��I. 8arrower Not Released;FvrbearanceBy LenderNvt a Vl�ai�er. Extens�on of the time for payment or madifiGation of arr�ortization of the sums secure�l by this Security Instrument grant�d by�.end�r ta �orrower or any Succes�or�n�nterest of Borro�rer shall not operate to re��ase the liab�Iity�f�arro�ver or any Success�rs in�n�erest o�f Borrawer. Lender shali not be required to cammen�e proceedings agai�xst any Successor in Interest of Borrower or to refuse to extend time for payment ar otherwise modify amar�izatian of the sums secured by this Security Instrument by reason af any demanc�made by the original Borro��ver ar any�u�c�ssors in Interest�f Barrower. Any forbearan�e by Lender in exerc�s�ng any right or rernedy including,without lirnitati��, �er�der's acceptance�f paymen�s from third person�s, entitxes or Successors in Interest of Borrower or in am�unts less than the amaunt then due,shall not be a wai�er af ar preclud�the exercise af any ri�ht or reme�ly. 1�. J�int a�d S��era�Liabi��ty;C�-signers;5uccessorsand Assign�Bound,Borrower covenants a�ad agree�t�a�Borrot�er`s obligation�and Yiabi�ity shal�be joint and several.However,any Barra�ver who co-si�ns this 5ecurity�nstrumen�but daes npt ex�cute the Note(a"co-signer"}: �a)is co-signing this Secur�ty Instrument anly to m�r��age,grant and convey the co-signer's interest ia the Property under th� t�rms of this S��urity�ns�r�iment; (b�is nat persona�ly o�ligated to pay the sums secured by this Security Instrument;and(c)a�rees that Lender and any other�orrower can agree to e�tend,modify, forbear or mak�a�y accommadations«ith regard ta the terms of this Security Instrurn�n�or the Note without th� co-signer's cansent. FHA Deed vf Trust With ME4�S-NE 913�12�14 Banke►s 5ystemsTM VMP Ca VMP4N[NE�(1546}.Q� 1N�Iters fCl�wer Flnan�iat Senrlc�s Page 1�of 9 7 qo�36�a�� z 376 1� 7