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201209603 <br /> sc�vices and subsequent charges each Gme iemappiugs or similar changee occur whicli reasonabLy might <br /> affect such determinalioi�ur ccrtiflcatinn. Borrower shall also be responsible for the pnyment of nny fccs <br /> imposed by tl�e Federal F,mergency Maoagement Agency in wm�ection wilh tl�c review of airy flood zone <br /> determivation resnL6ng Crom un obju;tion 6y Bon�owcr. <br /> if Ron�ower faiLs to maintain any uf lhe cover�ges des�ribed�bove, L�nder may obkain ii�stirance coverage, <br /> aC Lender's option nnd Borrower's expciisc. Lender is under no obligaPion to pureLiase any parlicular lype or <br /> amounL of coverage. Therefore, such coverage shalt cover Lender, bu�mighi or uiight no[protect Rorrower, <br /> Bon�ower's equity in tlze Yroperry, or the cut�teiils uf lhc Property, ngainst any risic, hazard or Ga6iliry and <br /> might provide greater or leaser covcrngc thnn was prcviously in ei�ecC. Borrower acknowtedges tha�thc cost <br /> of the insurance covernge so obtaiucd migl�t significantfy exceed the cost of insur�nce Lhal Borrower could <br /> l�ave obtained. Any a�nounts disbursed by Lender onder tliis Sec[io� 5 shnll become additional del�t of <br /> Borrowcr secured i�y tliis Secw�iCy Instrnment. These �unouilts shall bear interest a[the NoCe raCe from t(�e <br /> date of disb�rseinent and shall be�ayable, wilh such intca�est, upou notice ffom Lender to Borrower <br /> requesCir�g payment. <br /> All insurance policies reqiured by Lender and re�iewals of euch po(icies shalL be subject W Lender's right W <br /> disappruve sucli poticies, sh�ll inetude z standard mortgage clause, �nd shall tinme Le�der ns mortgugce <br /> nnd/or as an additional loss payee. Lendei sl�all hnve tlie xighl �o hold tlic policies and renewal certificates. <br /> if Lender requires, 13w'rower shell�romptly givc [o Lc��der all receipts of paid premiiuus and renewal <br /> notices. lf Boriower obtains any form of insurance coverage, not otheiwise required by Lcnder, for clmnngc <br /> to, or deshuetion of, the Property, such policy shall include n st�u7dtu�d mortgage eLause and shall name <br /> Lender as morCgugee and/or as an addilional luss payc.c. <br /> B� the event of Loss, Borrowet shall give prompt notice to thc insurance cartier u�id Leuder. Lcnder may <br /> make proof ol loss if uoL madc promptly by Rorrower. Unless Letider and 13orrower otlierwise ngrce in <br /> writii�g, any insuranee proceeds, wheCher or not the undertying insurmce wns reqoired by Lender, shall be <br /> applied eo restoration or repair uf Qie Pro�crty, if the restoration or repnir is economically feasib(e and <br /> Lender s securiCy is not Icsscucd. Duri��g such repaa� and restoratimi period, Lender shnll hnvc Lhc rial�t to <br /> hold such insurance proceeds uittil Lender lias had an opportunity to inspccl sucll Propeny to cnsure tliz <br /> work l�as l�een completed to Lender's salislacCiun, providcd dla[such inspection shall be undertal:eu <br /> protnptly. Lender mny dis6ursc proceeds for the repairs a�id resGotation in a suigle pnymeiri or in n secics of <br /> pro��css paymcnts as the worlc is compLeted Llnless �n agrccmcnl is madc iu �vriting or Applicable Law <br /> requires interest to be paid on sac� irtsur2uce fnacca9s, Lender shall not be required t�o pay Borrower any <br /> inCetest or e�rnings on such procecds. Fees for public adjusters, or otlier tl�ird parlies, re�nined by Bomower <br /> shall not be paid out of the insurunce proeeeds and 5hn11 be thc soLe oblipation of Borrower. if the restoraCion <br /> m�repair ie noC econotnicalLy feasible or 1.ender's security wnuld be Ieesened, the insarance pi�ocecds sLzall be <br /> applied to ehe smns secured by this Sccm�ity lnstrument, whethcr or not then dtic, wiLh the excess, if nny, <br /> paid to 13orrower. Such insura��ce proceeds�hall be apptied in tl�e ordei providcd fbr ii1 Swtiml 2. <br /> lf}3orrower abm�dm�s thc Prope��ry, Lender inay file, r�egotiate and sclllc mry nvailablc insurcuicc claim and <br /> relxLcd matters. if Rorrower does not respoi�d wi[hiu 30 days to a notice from Lender diat the� insarance <br /> carrier has ofPered to settle a clnim, Lhen Lender may negotiate and settle the daim. "I�he 30-day period will <br /> be�in whe� Ihe no[ice is given. in eidiec event, ot if Lender acquires tlic Proper�y �mdcr Scc[ion 22 or <br /> utl�crwisc, 6orrower hereby assigns'to Lent3er(a) Borrowcr's rights to airy insurance proceeds in an amount <br /> no[to exceed Clie auiounts uupnid nnder the Note or this SecuritV Tnstrument, and (b) any other of <br /> L;orrower's rigli[s (o0icr thai� the right Co anV refiand of unearned premiums paid by Borrowa�) w�der all <br /> insurance policies covering the Ycoperty, insol�nr ns such rights are applicable fo die coverage of'Che <br /> Property. T.cnder may use lhe insw-ancc procceds either to repair or restore the Property or U� pay nmuunls <br /> unpaid imder d�e Notc or this Securiry InsYrumenC, whether or nol t]icn duc. <br /> 8E01364fi16 � 860135461fi <br /> NEHRASHA-SingleFamily-FanrtlxMaelFreddleMactINIFOViMINti1HUNFN-WITHMEFS ��� rm802NVOt <br /> Fo <br /> VMF(�g VNrPBAINe)I�105� <br /> W ol[ers Kluw er Flnancial Servlces Page]of 1� <br />