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2� 1 �� 1143 insurar�ce. This�nsurance sha1�be maintained in th�amounts(�nc�uding deductih�e levels}and for the periods that Lender requires. �Vhat L�nder requires pursuant to the preceding sentences can change during th�term of the Loan. The insuranc�carrier prov�ding the insurance shall be chosen by Barrower subj ect ta Lend�r'�right to disapprv�e Borrower's choice,which right shail nat be exercised ur�readsonab�y.Lender may require Borrower to pay,in c�r�nection with th�s Loan, either: (a}a�ne- time charge for flood zone determinati�n, certificat�on and tracking ser�ices;or(b�a one-time charge for flood z�ne d�termination ar�d c�rtification ser��ces and subsequent charges each time rema�pings ar similar changes occur which r�as�nably might af�ect such d�termination or certification.Borrov��r shall also be responsible for the payment of any fe�s imposed by the Federa.l Emergen�y Management Ag�n�y in connection with the review of any flnod zone determir�ation result�ng from ar�vbjection b� B orrower. If Borrower fails to mainta.in any af the co�erages described abo�e,Lender may obtain insurance co�erage,at Lender's optian and Borrower's expense.Lender is under no�bligation to purchase any par��cu�ar type ar amount of co�erage. Therefore, such�o�erag�sha�l ca�er Lender,but might or might not pr�tect Borrower,Borrower's equity�n the Property,or the contents af the Pr�perty,against any risk,haza.rd or liability and might pro�ide greater or less�r coverage than was prev�ausly in ef�ect. Barrower acknowledges that the cost�f the insurance coverage sa obta.ined might significantly exceed the cost af insurance that Borrower could have abta.ined.Any amounts disbursed by Lender under this Sectic�n 5 shall Ue�ome add�tiona�debt of Borrower se�ured by this Security Instrument. These am�unts sha��bear int�rest at th�Note rate from the date of disbursement and shall be payabl�,with such interest,upon notice from Lender to Borrower requesting payment. Ali insurance policies requir�d by Lender and renewa�s of such polic�es shall be subject tfl Lender's right to disappro�e such��licies, shal�include a standard mortgage clause,ax�d shall name Lender as martgagee andlor as an addit��na�loss payee.Lender shall have the r�ght ta hold the po�icies and renewal cer�ificates. If Lender requires,B�rr�wer shall prompt�y gi�e to Lender all rece�pts�f paid prem�ums and renevva�notices. If Borrower obtains any form of insura.r�ce�o�erage,nat otherwise required by Lender,for damag�to, or destruction of,the Property, such po�icy shall include a standard mortgage clause and sha�l name Lender as mortgagee andlor as an additional�oss payee. In the ev�nt of�oss,Borrower sha�l gi�e pr�mpt n�tice to the insurance carrier and Lender.Lender may ma1�e proof of loss if not made promptly hy Borrower.Unless Lender and Borrower othervvise agree in writing,any insurance proceeds,whether or not the underlying insuran�e was required by Lender, shall l��applied to restarati�n�r repair of the Property,if the restoration�r repair is econ�mi�ally feasible and Lender`s security is not lessened.I]uring such repair and restoration period, Lender shall have the right to hold such�nsura.nce proceeds until Lender has had an opportunity to inspect such Proper�y to ensure the work has heen completed to L�nder's satisfa�tion,pra�ided that such inspection shall he undertaken pr�mptly. Lender may disburse proce�ds for th�repairs and restoration in a single payment ar�n a seri�s of pragress payments as the work is�ompleted.Unless an agreement is made in writing or Appli�able Law requires ir�terest to be paid�n such�nsurance proceeds,Lender sha�l not be required to pay Borrower any interest or earnings on such proceeds.Fees for public adjusters,vr oth�r third parties,retained by Borrower shali not�e pa�d out af the insurance pro�eeds and sha�1 be the s�le obligation of B�rrower.If the restoration or repair is nat economically feasible or Lender's security vvould be lessened,the insurance proceeds shall be applied to the sums ' secured by this Security Instrument,vvhether or not then du�,with the excess,if any,paid to Barrower. Such insurance prnceeds shall be applied�n the arder pra�ided for in Section�. 23�39fi28� FHA Deed of Trust-NE 913fl1�a14(re�2115} Bankers Systems'�"VMP� 08J2�15 1Nb�ters Klwver Financaal 5ervices 20�6�2�815 3.�.340fi-N2�151n19N Pagg fi of 15