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LOAN #: 1705000014789 completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may pay for the repairs and restoration in a single disbursement or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds, Lender shall not be required to pay Borrower any interest or earnings on such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or Lender's security would be lessened, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order provided for in Section 2. In the event of a total taking, destruction, or loss in value of the Property, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. In the event of a partial taking, destruction, or loss in value of the Property in which the fair market value of the Property immediately before the partial taking, destruction, or loss in value is equal to or greater than the amount of the sums secured by this Security Instrument immediately before the partial aking, destruction, or loss in value, unless Borrower and Lender otherwise agree in writing, the sums ecured by this Security Instrument shall be reduced by the amount of the Miscellaneous Proceeds ultiplied by the following fraction: (a) the total amount of the sums secured immediately before the rtial taking, destruction, or loss in value divided by (b) the fair market value of the Property immediately efore the partial taking, destruction, or loss in value. Any balance shall be paid to Borrower. In the event of a partial taking, destruction, or loss in value of the Property in which the fair market alue of the Property immediately before the partial taking, destruction, or loss in value is less than the mount of the sums secured immediately before the partial taking, destruction, or loss in value, unless orrower and Lender otherwise agree in writing, the Miscellaneous Proceeds shall be applied to the ums secured by this Security Instrument whether or not the sums are then due. If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the Opposing arty (as defined in the next sentence) offers to make an award to settle a claim for damages, Borrower f: ils to respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect nd apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums s -cured by this Security Instrument, whether or not then due. "Opposing Party" means the third party t at owes Borrower Miscellaneous Proceeds or the party against whom Borrower has a right of action i regard to Miscellaneous Proceeds. Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in L- nder's judgment, could result in forfeiture of the Property or other material impairment of Lender's terest in the Property or rights under this Security Instrument. Borrower can cure such a default and, acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding t. be dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other terial impairment of Lender's interest in the Property or rights under this Security Instrument The p oceeds of any award or claim for damages that are attributable to the impairment of Lender's interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be a. plied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for p. yment or modification of amortization of the sums secured by this Security Instrument granted by Lender to Borrower or any Successor in interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to commence pr edings against any Successor in Interest of Borrower or to refuse to extend time for payment or of erwise modify amortization of the sums secured by this Security Instrument by reason of any demand m. de by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in xercising any right or remedy including, without limitation, Lender's acceptance of payments from thi d persons, entities or Successors in Interest of Borrower or in amounts less than the amount then du , shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co signers; Successors andAssigns Bound. Borrower covenants an agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower wh co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co- signing this Se • urity Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Se•urity Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, for ear or make any accommodations with regard to the terms of this Security Instrument or the Note wit out the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Bo ower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all o Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from Bor .wer's obligations and liability under this Security Instrument unless Lender agrees to such release in w iting. The covenants and agreements of this Security Instrument shall bind (except as provided in Sec ion 20) and benefit the successors and assigns of Lender. 4. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borr.wer's default, for the purpose of protecting Lender's interest in the Property and rights under this Sec rity Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a spe 'fic fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not arge fees that are expressly prohibited by this Security Instrument or by Applicable Law, Initials: MC NEB . SKA— Single Family— Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 Etlie ae, Inc. Page 7 of 10 NEUDEED 0415 NEUDEED (CLS) 08/28/2017 03:48 PM PST 201704346