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2� 17�2��3 <br /> In the e�ent�f a partial taking,destruction,or 1��s in�a�ue of the Property in which�he fa�r market <br /> value of the property immediately before the par�ial ta.I�ing,destruction,or Ioss in value is Iess than the <br /> amount of the sums secured i�rnmediately b�fore the part�al tal�ing,destruction,or loss in�alue,unless <br /> Borro`uer and Lender other�vise agree in writing,the Miscellan�aus Proceeds sha�l be applied�o th�sums <br /> secured by this Security Instrument whether or not the sums are then�1ue. <br /> If the Fr�perty is abandaned by Borrower,ar if,after noti�e by Lender to Borrower that the�pposing <br /> Party(as defined in the next sentence)offers to make an award to se�tle a claim for damages,Bonower <br /> fails to respond to Lender within 3 a days after the date the no�ice is given,Lender is authorized ta collect <br /> and apply the Miscellaneous Froceeds eith�r to restoration or repair of the Property or t�the sums <br /> secured by th�s Security�nstrument,whether or not then due. "�ppo�ing Party"means the third party <br /> that awes Borrvwer Miscellaneous Pr�ceeds or the party against whom F3arrower has a right of action in <br /> regard to Mis�eilaneous Proceeds, <br /> Borr�wer shail be in default if any aetian or proceeding,wh�th�r ci�il or crinzinal, is begun that, in <br /> Lender's judgment,could result in forfeitur�af the Pr�per�y or other materia�impairment of Lender's <br /> interest in the Praperty�r rights under this Security Instrument.Barrower can cure such a defauit and, if <br /> acceleratioa has accurred,reinstate as provided in Section 18,by causing the action or proceeding to be <br /> di�m�ssed with a ruling that, in Lender's judgment,prec�udes forfeitur�of the Praperty or other material <br /> impairment of Lender's interest in the Praperty ar righ�s under this S�curity Instrumen�. The pro�eeds of <br /> an�award or claim for damage�that are attri�utable to�he impairment of Lender'�interest in the <br /> Praperty are h�re�y assigned�nd shall l�e paid ta�ender. <br /> All Mis�ellaneaus Proceeds that are not app�ied to restflration or repair of the Property shalt be applied in <br /> the order pra�ided for in Section 2. <br /> 'I'l. Borr�wer Nvt Released;Forbearan��By LenderNot a Vlfai�er. Extension of the time far payment <br /> �r modification of amortization�f the sums secured by this 5ecurity Instrument granted by Lender to <br /> Borr�wer or�ny Success�r in Interest of Borrower shatl not ope�ate to releas�the�ia�ility of B�rro�ver or <br /> any Successors in Interest of Barrower.Lender sha11 not be required to commence proceedings against <br /> any Su�cessor in Interest af Borrower ar t�refuse to extend tirne for payment ar othervvise modify <br /> amortization of the sums secured by this 5ecurity Instrurnent by reasan of any demand made b�the <br /> original Borrawer or any 5ucc essors in Interest af Borrawer.Any f�rbearance by Lender in exercising <br /> any right or remedy includirxg}without limita.tion,Lender's a�ceptance of payments from third persons, <br /> entities vr Successors in Inte�est of B�n�w�r�r in arrio�nts less than�he am�unt then due,shall not�e a <br /> wai�er of or pre�lude the exer�ise of any right or remedy. <br /> �[Z. .loint and Se�eral Liability;Ca-signers;5uccessorsand AssignsBound.Borrower co�enants and <br /> agrees that Borrower's obligatians and�iabiiity shall be joint and several.Hvwever,any Borrower who <br /> co-�igns this�ecurity Instrumen�but does not execute the Note�a"ca-�igner"}: (a)is co-signing�his <br /> Seeurity Instrumeat only to mor�gage,grant aad convey the Go-signer's interest in the Property under the <br /> terrr�s af this Securit�Instrumen�; �b)is nat personally ohligated to pay the sums secured by this Security <br /> In.strumeat�and(e}agrees that Lender and any other Borrower can agree ta ex�end,madify, forb�ar or <br /> make any accommodations with regard to the terms of this Security Instsument or the 1�Tote without the <br /> ca-sign�r's con.sent. <br /> FHA Deed af Trust With MERS-NE 9130120�4 <br /> Bankers Syst�msT�" VMP 0 VMP4i�(NE}�15Q6}.44 <br /> Wolters#{It�wer F�nancial 5ervices Page 14 af�7 <br /> qa33 4949474 �233 434 1417 <br />