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2� 1 �� 181 � reasonabl�r might affect such determinatian or certif�cation.Borro�ver�hall alsa be responsible for the payment of any fees imposed by the Federa�Emergeney Management Agency in cannection tivith the review of any flood zone determination result�ng fram an obj ecti�n b�Borrower. If Borrower fai�s to mainta�n any of the cov�rages described above,Lend�r may obtain insurance coverage,at Lender's�ption and Borrowex's expen.se. Lender is under na obligation to purchase any �articular type or amount of cov�rage. Ther�fore,such coverage sha�l cover Lender,but might ar might not protect Bonower,Borro�ver's equi�y in the Property,or the contents of th�Praperty,against any risk,ha�ard or liability and rnight pro�ide greater or lesser coverage than�vas previously in effect. Bo�o�er acl�nv�ledg�s that the c�st�f the ins�rance coverage so o�tained might significantly exce�d the cvst of insurance that Borrower could ha�e o�tained.Any amounts disbursed by Lender under this Sect�on 5 �ha11 become additional de�t of Borr�wer secured by this Security Instrument.These amounts shal�bear interest a.t the Note rate from the date of disbursement and sha11 be payaUle,with such interest, upon notice from Len�er to Borrower requesting payment. All insuranc�po��c�es requued�y Lender and ren.ev�a�s�f su�h go�icies shall be subjec�to Lender's r�ght ta disapprn�e such po�i�ies,sha11 include a standard mortgage ctause,and shall name Lender as mortgagee andlar as an additxonalloss payee. Len�er sha11 ha�e the right to ho�d�h�po��cies and renevval certificates. If Lender requires,Borrower sha��promptly gi�e�o Lender a��r�ce�pts of paid prem�ums and renewal notices, If Borrower obtains an�form of insurance cover�ge,not otherwise required b}�Lender, for damage to,or destruction of,�he Praperty, such policy sha11 include a standard mortgage c�ause and sha11 name Lender as mnrtgagee andior as an additional�oss payee. In the event of 1oss,Borrawer shall gi�e prompt notice to the insurance carrrer and Lender.Lender may make proof of loss if not made promptly by Borravver.Unless Lender and Barro�ver otherwise agree in wri��n.g,any insurance proceeds,whether or not the underlying insurance was requ�red by Lender, sha1� be applied to restaration or repair of the Proper�y, xf the restoration ar repau�s econom�catly feasible and Lender's securi�y is n��t�essened.During s�c'�f�pa�r and restoration periot�,�.en�er s�all have th�right to haXd such insuranee proceeds until Lender has had an opportunity to�n.spect such Property t�ensure the work has been completed to Lender's satisfaction,pro�ided that such inspection sha11 be under�aken prompt�y.Lender may disburse proc�eds for the repairs and r�storatian in a single payment or in a series of pragress payments as the work�s cvmpleted.Un�ess an agreement is made in writing or Applicable Law requires int�r�st to be paid on such insurance proc�eds,Lender sha11 not be r�quired to pay Borrotiver any interest or earnings on such proceeds. Fees far public adjusters,or other thi.rd parties, retained by Borrower shall not b�paid out of the insurance proce�ds and shal�be�he sal�obligation of Borrower. If the restorati�n or repair is not econornicaily feas�b�e or Lender's securi�would b� lessened,the insurance proceeds sha11 be app�ied to the sums seeur�d by�his S�curi�y Instrurrxent, whether or not then due,tivith the excess, if any,paid to Borro�ver. Such insurance proceeds�ha1�b� applied in the arder prov�ded for�n Section�. If Barrower abandons the Pr�perty, Lender may fi1e,negotiate and settle any available insurance claim and reia�ed matters. If Borro�er does not respond within 3�days to a notice from Lender tha�the insurance carrier has offered to settle a claim,then Lender may neg�tiate and settle the claim. The 3�-day period wi11 begin�vhen the notice is given. In ei�h�r e�ent,or�f Lender acqu'vres the Prvperty under Sectian��or otherw�se,Borrower hereby assigns to Lender�a)Borrower's rights to any insurance proceeds in an amoun�not to exceed the amouat�unpaid under the Note ar this Security Instrument,and �b}any other of�orrower's rights(oth�r than the right to any refund af unearned premiums paid by FHA❑eed of Trvst With MERS-NE 9134l2U�4 6ankers SystemsTM� VMP� VMP4NtNE}(15��,OQ Wolters Kl�.�wer F�nancial Services Page 7 aT 17 q�3351fi94�19 4233 293 �717