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2� 1 �� 1 � 19 reasonab�y might affect such determinatian or�ertz�ca�ion. �3ari'o�er shal�a�so be resp�ns�b�e fQr the paymen�of any fe�s impased by the Federal Emergency M�nagement Agency in connection with the re�iew af any flood zone determination resulting from an obj ection by B�rr�wer. If Borrower fails to maintain any of the cavera.ge�described above,Lender may obtain�nsurance coverag�,at Lender's option and�orrower's expen.se.Lender is under no ob�igation to purchase any p�rticu�ar t�pe o�r am�unt af coverage. Therefore, such�overage sha��cove�I�en.d�r,but might or mig�.t not prot�ct Borrower,Borrower's equit�in the Praperty,ar the contents of the Property,against an.y risk,hazard or liabil�ty and might pro��de greater�r lesser co�erage th�.n w�s previousl}r in effect. Borrower ackno�vl�dges that�he cost af the�nsura�ce coverage�a ab�a.in�d m�ght signif cant�y exceed the cost of insurance tha�Bvrrower could have obtain�d,A.ay amaunts disbursed by Lender under this Sect�an 5 shall become additiana�debt of Borrower secured by this Secur�ty Instrument.Th��e amounts sha11 bear intere�t at th�N�te rate from the date af disbursemen�and sha�1 be payable,�ith such�nterest, upon no�ic�fr�m Lender ta Borrower requesting payment. A��n.suranc�policies required b��,ender anc��n��ra�s of such po��es sha��be s�.b��c��v�,ende�'s ri��.t t�disappra��such po��cies,sha11 includ�a standazd mortgage clau�e,and sha11 name Lender as mortga�ee andlor as an additionai loss payee. Lender sha11 have the right t�hold the p�l�cies and renewal certificates, If Lender requires,Borrower sha11�rompt�y give to Lender a��receipts of paid premiums and renewal notices.If F3arrower obtains any forrn of insurance c�v�rage,not otherwi�e requ�red by Lender, far damage ta,or destruction of,th�Proper�y,such po�icy shal�inclu�e a sta.ndard mortgage clau�e and shall name Lender as mortgagee�ndlor as an additional�o�s payee. In the event of�oss,Bonower shal�give pr�mpt notice tn the insuran�e carrier and Lender. I��nd�r may make proof of��ss�€t��t made promptly b�Borro�rer.IJn�ess Lend�r and Borro�er�the�uzs�agre��n writing,any insu.rance proceeds,vvhether or not the underlying insurance�vas required by Lender,shal� be applied to restnration ar repair of�he property, if the r�storatian or repaix is econ�miGa��y feasible and Lender's security is na��essened.During such rep�ir and rest�ratian period,�,ender sha11 have the right to hold such insurance proGeeds until Lender has had an opportunity to inspect such Proper�y to ensure the war�has Ueen completed to Lender's satisfactian,pro�r�ded that such inspection sha11 be un.dert�ken pr�mpt�y. Lender may d�sburse proceeds�'or the repairs and rest�ration in a sing��payment or in a s�ries of pragaress payments as the work is completed.Unless an agreement is made�n writing or Applicable Law requires interest to be paid on such insurance proceeds,Lender shall not be requi.red to gay Borrower any interest or earnings on such proceeds.Fees for pu�liG adjusters,or other thi�d parties, retained by Borrower sha11 not be paid out of the�nsurance proceeds and shall be the sole obiigati�n of Borrower.If the restoratian or repair is not economica��y feasib�e or L�nder's security would be �essened,the insuran.ce proceeds sha�l be app�ied�o the sums secured by this Security Instrument, whether or not t�aen due,vvith the excess, if any,paid to Borro�rer. Such insurance proceeds shal�be a�g��ed�n the o�c�er�arvv�ded fvr in Section 2. If Borro�er abandons the Property,Lender may fi1e,negotia�e and settle any a�ailable insurance claim and related matters,If Bvrrower does not respond within 3�days to a notice from Lender that the insurance carrier has offered to settle a claim,then Lender may negotiate and s�ttle the claim.The 3 Q-day period�vill begin urhen the n�tice is given. In�ither e�ent,or if Lender acquires the Property under Section�Z or other�vise,Borro�ver hereby assigns ta Lend�r�a�Barrower's rights to any insurance proceeds in a�n amount not to exceed the amounts unpaid under th�N�te or this Seeurity Instrument,and (b}any other af Borro�v�r's rights(�ther�han the righ�to any refund of une�,rned premiums paid by FHA l]eed of Trvsi 1Nith MERS-NE 9130I2U14 Bankers SystemsT+y+ VMP� VMP4N(NE�(154B}.OQ Woltets Kluw�r Financia!Services Page'T of 17 qQ33�13C7258 �z33 348 4717