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2� 15�8775 reasonab�y migh�affect su�h dete�-minatior�or certificat�on. �orro�er s�a�1 als�a be responsib�e for t�ie payment of any f�es rmposed by the Federa�Emergenc��anagem��Agency in connection with�he r�v��w of any flo�d zo�e determYnation result�ng from an obj ecti�n by�orrower. If Borr�tiver fails to maintain any of the coverages described abov�, Lender may abtain insurance covera�e,at Lender's option and Borro�rer's expense. Lender is under na o�li�ation to purchase any particu�ar type or amount af�overage. Therefore, such coWerage shall cover Lender,but might or might not protect Borrower, Borrower's equity in the Property,or the�antent�of the Property,against any risk,hazard or�iability and mxght provide great�r or l�sser co�erage than was previot�s��in effe�t. Bona�ver a�knowledges that the cost of the insur�.nce co�erage�o obtained might sign�f cantly exc�ed the cost of insurance that�arr��ver could have obtained.Any amounts di�bursed by L�nder under this Section 5 shail become additionar debt of Borrower secured by th�s Secur�ty Instrument. These amaunts shalt�ear interest at the Note rate from the date of disbursement and sha1�be payable,w�th such int�r�st, upon n�tice fram Lender to Borrower requesting payment. Al�insurance policies required�y Lender and renewa�s af such pQiicies shall be subject ta Lender's right to disapprove such policies,sha�1 inc�ude a standard m�rtgage claus�,and shall name Lender as mortgagee andlor as an additi�na�lass payee. Lendei sha�l ha�e the right to hold the po�icies an�renewal certY��cates.If Lend�r requires,�orra�er sha11 promptly�i�e to Ler�der a11 receipts of paid pr�miums and renewa�notices. If Borrower o�ta�ns any form of insurance co�erage,r�at atherwise required by Lender, for damage to,or destr�act�or�af,the Property, such poiicy sha11 include a standard mortgage clause and shalt name Lender as mor�gagee andlar as an additio�ai Iass payee. In the e�ent of Ioss,Borr�wer shal!g��e prompt notice t�the insurance carrier and Lender. Lender ma� make proof of lass if nat made promptly by Borro�rer.�]n�ess Lender and Borrower othert�ise agree in wr�t�ng,any insurance pro�eeds,�vhether�r not the underl�ing insurance v�as r�quired�by Lender, sha�l b�ap�plied tQ restoratian or repair of the Propert�,xf th�restoration or repair�s ecor�omically feasible and L�end�r's s�curity�s not Iessened. Duri�g such repair and restoration period,Lender shal�have the ri,ghlc tv ho�d su�h insurance pro�eeds unti�L�nder has had an opportun�ty�o inspect�uch Propert�to ensure the work has been comp�e�ed to Lender's satisfaction,pravided that su�h inspection sha�l be undertaken prompt�y. Lender may dis�urse p�roceeds for the repairs and restaratia�in a sin�le payment ar in a series o�'pr�gress payments as th.e work�s comple�ed. Unless an agr�ement i�mad�in tvriting or AppliGab�e La�v requir�s int�rest to be paid on such insurance proceeds,Lender shall nat be required to pay Borro��er any intere��or earnings on su�h pro�eeds. Fees for pub�ic adjusters,or�ther�hird parties, retained by Borrov��r shall not b�paid out of the ins�ran�e proceeds and shall be the s�ie obligation of Borro��r. �f the resto�ation or repair is not economic�.�ly feasib�e or L�nder's security would be lessen�d,the insurafl�e proc��ds sh�.��applied to�he sums�ecured by�his Security In�trument, v�hether�r not then�ue,�v�t�h the e�cess, if any,paid to Borrower. Suc�i insurance proceeds sha�l be �.ppiied�n the order provided for in�e�tion 2. If BorrouTer abandons the Froperty,Lender may fi�e,negotiate and settl�any availabte insuran�e c�aim and related ma�ters. If Borrower does n�t re�pond wi�hin 3�day�t�a not�ce fram Lender that the insurance carrier has affered t�settle a c�aim,then Lender may negat�ate and settie the c�aim.The 3�-day p�riod wil�begin�hen the notice is g�ven. In either event,or�f L�n�ier ac�uires the Property under �ection 22 or o�hen�ise,Borro�er hereby assigt��t� Lend�r��}Borrower's rights ta a�y insurance proceeds in an amaunt not ta exceed the amaur�ts unpaid und�r the Note or this S�curi�y Instrument,an�i (�}any o�her of Borro�ver's rights(other than the right to�ny refund af unearned premiums paid b� FHA Deed of Trust With MERS-NE 9f3�12�1� Bankers Sys#ems�"� VMP� VMP4N[NE)[15DBJ_4� Walters�luwer Financial Services Paga 7'o�17 �a3��soaa57o oz � 59 0717