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200206987 In the event of u purnal taking, distinction, or LOSS in value of the Property in which the fir marker value Of the Property hnmediately before the partial taking, destruction, or Ines in value is equal to or greater than the anallat Of III SUMS secured by fix seem ity IUseful immediately before the partial taking, destruction, or loss in value, rules, Bommver and Lender oherwiue agree in writing, tbu sums secured by this Security muumont shall be reduced by the amount of (ire Mlseellancous Proceeds nmltiplicd by the following fraction. (a) the total amount of the army secured imam lalely before the partial taking, destruction, or Ill's in value divided by (b) the fair market value of the Prepaid Immediately before the partial taking, davirucuhg nr loss in value. My balance shall be paid to Borrower In the even Of partial taking, dreruclioo, Or loss in value o'the property in which the fair market value of Ilse Property immediately Malin We relief nkel destructing rr loss in value is less than the amount of the terms se red it trielely before the partial taking, desiruotiog or loss in valuc unless Borrower unit Lender otimtwiec agree In wntng, e S NI are non d Proceeds shall bas applied e the su wed by this Swunry Lender to orr we o col the morns are aril duo e the Property Ix abandoned by Bor r if, cards notice e d Lrnder to Borrower (fiat Opposing Pam fto defined it the next sentence) offers h auks o ward w seine dinner for dart q Borrower f its to respond m Lander velar either }o to al4r its dare the rouse n _ h, ender u hags of sales roubore/ad lsm w sunset end apply the Miscall whether r OF rat diner e re ppOgInlh or l T em, t e finny nom the u umd by this Seeurhy mmceeds whether or not trot due Borrow r Party" tr nu Ice third gam That was Borrower Mlxeellenaous proceeds or We patty against whom Borrower leas a retire action in regard m Miseullaneum Proceeds. Borrower shall be in default if any noon or proceeding whether civil n criminal, is begun tier, it Lerhdera Jadnmwh, could result in forfelture Orion Property or other material informant eof Leader's interest hl rile Pmpeny or rtghas antler this Seearry Iasuvmenr Borrower can c ary such a default and if acceleration has s-cumcd, oreente es provided to Swoon 19, by causing the anion or proceeding to be dlnnlased will] a ruling that. In Lender's judgment, gradates forfeiture of the Beeves or other mnmrial impairment of Lender's interest In the UOMUy or rights under this Senuity uplument the inheres of any award or claim for bananas that are frindubrble m We I rnpairmcnt of Lender's Farrel on tilt Pmpetry are hereby assigned and shall be paid tu Lender. All Miscellaneous Poceds that am not applied to renmrahnn or repair of Wu Properly shall be applied in the order provided her In Section 2. 12. Borrower Not Beleaxed; Forbearance By Lender Not a Waiver. Lxleasimt offer tune for payment do nodifienton of amonwition of the sums secured by this Security Instrument manlm by Lender to Borrower or ( NlWools lu in recost of Bel Strait not operate in I'' III, liathility of Borrower ) S liniferiat of Borrower Lender sliall let be required to uh amessearlingro age asst my successor In Interest of BoarmOrr Or to refs to extend time for paynnemt no misfires, modify amortization of the soils assured by tills UwLaITY msmmnenr by reason of any denim made by ter original Borrower (11 are fccusors In mtereat Of Borrower. Any tMNUomQa by Lender in exercising any rant or remedy including, without mulalioM1 Lenders acceptance hf pepnentS from third persons . carriers or Successor, in Inmost of Baronet or In amnuoa less than the amount then due, shall not he a waiver ofor pn sludu the exercise Money right ur Murray. 13. Joint and Several [.;ability; Co-signers; Btmcessurd slid Assigns Bound. Borrower covenants and Ls (that Hnmhwcr`s obligations and Inability shall bejoint and several Floweva, any Borrowerwho SO need this Security Instrument but does not execute the Note (a ' o- signdF (a) is w- signing this Security Instrument only to made e, grant and unrwy rile co- s(yner's reams[ In the Pmp¢ty under the mans ofthis Security Instrument; (b) is not pem»nally obinated to pay tlrc sums scwred by this Security Irh9lml Ued, and (c) agrees that n.endO and any other Bortoeer cm agree to extend, modify, forbear Or links any accommodations with regard to the terms of this Security Instalment Or the Note without tiro co-si lirr's consent Subject to the provisions of Section I& any suruesxor is Letters or Bonvwer who assumes Borrower', Obligations rntlm this Security Instrument In writing, and is approved by Lender, shall obtain all of Borrower's rights mid benefits under this Security Instrument. Borrower shall not be released From Borrower's obllgaions and Ilabillry enter this Seem he ImaraF am unless lender agrees to ,uch release in writing he eo.enanu and agrwmo]¢ ofthis Security Instrument shall hind (except as provided in Section 20) and middle the suwaswrs rind avlers of Lcodcr. 14. Loan Chargcv. Lender may chains Borrower fees for services performed in connection with Borrower s dcfauq for the pughmc of protecting Lender 's In crest in the Pmpeay and rights Linder this Security instrument, including but limited to, mornrys' fees, property inspection and valuation fees. In repeal m any N F X RASKAvI a a I C F ire I y..I i, NJ" IL, area Xlnu l l N l fIOP N IN S I H 11 N14: N I Form 30$8 V01 yet, 8 as I,' lade)