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2� 1 �� 1 �24 <br /> �2�zi67� <br /> �he �nforcern�x�t of the �ier� whil� t�aose �roceedxngs are pe�lding, b�.�t �n�y u��il si�ch p�oceedings are <br /> catac�uded; ar�c�s��u�es fz�otn the hoZde�of tihe l�e�an agreeme�at sa��sfac�ary�o Letlde�subardit�atiz�g th� <br /> li��a to tl�ts S ecut ity��.s��2��net��.�f Le�a.der de�er�n�ne���lat any�a�ti of the�'roper�y is su�j ec�to a f iet�.wh�ch <br /> c�.n a�tatt�prio��ity over tl�is Sect��i�y�ns�r�ment, Lender��ay give Borrowe��a�o��ce iden��fying�he ��en. <br /> Within T� days af the date on�v�ich�hat r�ot��e�s given,.Borrovwe�r sha11 sa�zsf�r the liei�ar tal�e❑ne ar mare <br /> of the ac�ioras se�fo�th above in th�s �e��ion 4. <br /> 5.Property Insurance.Borrawer sh�.11 k��p the��nprovem�n�s naw ex�stit�g or Iaerear�e�i e�•ec�ec�an <br /> �he Prope�,�y i1zs�.�xed agains�loss by f��e,h�.zar�s x�clrxded v�ri�lii�1�he�erm "exte��.ded coverage,"' and a�xy <br /> o�her l�.azarc�s��cludir�g,bu��o�lim�ted�o,e���hqu�.��es��ad f�oods,for whic�Lender xequires zns��rance,Thzs <br /> �n.surance sha�l be ma��.tair�ed in the �.rz�ounts ��r�cl�.�ding dedL�ctib�e lev�ls� and for�h�per�ods tha�Lender <br /> requ�r�s.V�11a�Iaex�der req�.iires pL�rstX�.r�.��o the pr�c�din�ser��ences can chax�g�during the�e�-�n of th�Laan, <br /> Th� irisLxrance �arr�er pro�idxng �he i��.suran.ce shall be chose�x by B�rrower s�.�bject to Lender'� rzght to <br /> di�approve�o��ower's cha�ce,whxch��gh�sha�l no�b�e�ercisec��:x�.�.rea.so�ably,Lei�der inay require Bo��rower <br /> �a pay,in co�l��ectio�a with�his Loan, e�ther; �a}a on�-time charge fo�r flood zane de�ermina��o�,cer�if'ica�ian <br /> and tracl�in�ser�ices� ❑r�b} a one�-time ��aarge for flaod zane de�erinination ar�d cert�fica�ia�serv�ces and <br /> subsec�uer�t cl�.arges each�ime remappi��gs o� similar cl�a�lges occ�.�r�hich reasot�.ab�y x-�ai�11� �ffect s�.�ch <br /> determina�ion.or certifica�ion.Borrovv�r shaXl als�be resp�nsxb�e for��ie paymen��f a�ay f�es imposed by�11e <br /> Fec�er��.1 Emergen�y Managexnen�Agency�n co�nectxon wi�h the revie�v of any flooc�zor�e �e�erznination <br /> resul�ing frorn �.n ob�ec�ion�y Bo�ro�ver. <br /> rf Borro�er fai�s to�n.azntai�-�a�1y of�la��averages d�scxx�ed�.bove,Lend��m�y o��ain insiYrar�ce <br /> cover�.ge, �.� Lend�r's ap��on and Borraw�r's ex.pense. Lender i.s t�nder no ablzgation ta pL�rc�ase ariy <br /> par�ict���:���pe or amoun�af cove��.ge, Therefore, s�.�c11 coverage shall cover Lender,b�.��might or migh�nat <br /> pro�:ec�Bar�raw��,Bor�awer's enui�y�n�he Propex�y,or�h�conten�s of the ProperLy, agains�any�rxsl�,ha�ard <br /> or l�ab�lzty and migh� prnvide greater or less�r coverage than was previous�y x�a effect. Borrower <br /> ac�nov�iedg�s �ha��h� cast of the ��s�.rrance co�verage so �b�ai�ed mi�h� significan�ly exceed�he cos� of <br /> i�.a.s�.iran�e�hat B orrower cou��1 have ob�axned�A�:�amo�.xr�ts d�sbursed by Len�er und�r this S ec�ion 5 shall <br /> be�o�rz�.e addi�iar�a.I debt of B�rrower s�c�.�red by�his�ecurity I��.s�rumen�,Th�se arnflti�n�s sha��bear interest at <br /> the No��ra�e frorri�he da�e of�isbursen�ent and�ki�.11 be payable,wxth such in�ere�t,upon no�zce from Let�der <br /> �a Borz ovv�r r�q�.��sting��.yment, <br /> .A11 it�sl�r�.nce palici�s rec�uized by Le�a.der a��c�renewals af su�h�alicies sh�.11 be subject�o Lerider's <br /> right to disapprov� such paliczes, s�ail �nclL�de a sxandard martgage �lause, axad s�1aI1 name Lenc�er as <br /> �nartgage� a��dlot• as ac�dx�ional �oss p�.yee. Lende�• sha�� h�.ve �he right�� hol�. the po�icxes �.r�d �e�.ewa1 <br /> cer���cat�s. Tf Lender rec�L�ires, Borrowel�ha��p��omp�ly gi�re�o Len�er all re�ei�ts of pa�d premi�.�ms �nd <br /> ren�v�a1 notice�.If Borrower o��a�ns a��y fnrm of���:s�trance coverage,no��ti��.eru�zse requi�ed by-Le�.�.er,for <br /> dam.ag�to, or des��L�cti�n af, the Frap�r�y, s�.�c�i policy sh�.1� incl��d.e a stand�,rd m�r�gag�c�ause �.nd sha�l <br /> nam��.�n.d�r as rnortgagee an.dlor as �.n ad.�.it��nal 1�ss payee. <br /> In�h�even�nf loss,Bo�'ower shall giv�pronlpt no�ice to�he insL�rance ca�ie�and Ler�der.�ender <br /> may xx�al���roof of�oss if nQ�m.ac�e promp�Iy by�orrower.Unless Lencler a�.d Bor�ower otherv�ise agree zn <br /> wri��ng, a�iy i��su�an�e proceeds,vvl�eth�r or�o�the underlyirig ins�.Y�aY1ce�as reqt�ired by Lei�c�er, ��Za1�be <br /> applzed.to restora.txon �r t•epa�r af�hc� I'�ap�r�y, if�he res�aratiota ar repazr is ecorio�rnxcal�y feasibl� a�� <br /> Lend��•'s s����rity�s�o�lessened. During such xepair ar�d restara��on p�t•iad, Len�.et•sha�l have the��igh��o <br /> ho�d such i�as�.rra��ce praceeds u�txX Lender has had an opporti�nitiy to�nspect sL��h Pr�per�y to e�sure��ae v�ork <br /> has be�� comp�e�cd to Lender's sa�isf�.Gtio�a,�rovided tiha�such �nspec�x��. �ha11 be L�r�dertal�et�.pro�np��y. <br /> Letld�r may di��urse pr�ceeds for�l�e repairs az�ci res�oratioiz t�x a sit�gle p�.ymen�or i�1�,series of progres� <br /> paym���ts as �h�work is cotnplet�d. v��zless an cti�reemen�is n�ade it1 wri���.� ar Applicabie Law requzres <br /> Fx-�A Ne�raskn I�eed of TrtYs�-491�5 <br /> � 19385.�1 Page f of 15 <br /> � �I �1� f r 11 <br /> ��� � � <br /> I� I <br /> � � r� �� <br /> � N � <br />