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2� 1 ��215� reasonab��might af#'�ct suc�determinatian or certification. Borrovve�r sha11 also be respansibl�for the �aayment of any fees impvsed by the Federa�Emergency Manageme�t A�enc�in�c�nnection�vith the re�iew of any fload zone de�ermination resulting fr�m an��jection hy�vrr�vver, If�Borrower fails�o ma.�ntain an�of the caverages described abo�e,Lender rna�obta�n.�nsurance caveragea at Le�.der's vp�i�n�nd�orro��er's expens�e,Lender�s t�nder no obligation to purchase any part�cular typ�ar amount af caverage.Th�r�fore,su�h caverage shall cover�,endera�ut might or might �ot prote�t Bano�ver,Bvrtower's equity in the Pro�erty,or the canten�s af�h�Pro�erty,agai�st a�.� risk,hazard or l�abil�ty and might provide greater ar lesser coverage than uras pre�iously in effect. �arro�ver acknotivledg�s that the cost of the�nsurance coverage so obtain�d mi�ht significantly exc�ed the cast of ins�arance tha�Borro��r cou�d have obtained.Any amounts disbursed by Lender under�h�s Section 5 shal�become add�t�onal debt of B�rrower secured by this Securit}�Instrument. The�e amQunts shall bear int�re�t�t the Note rat�from the�ate of disbursement and shall be payable,with such interest, upon notice from Lenc�er t�Borr�r�er fequesting�ayment. All insurance polici�s r�quired by Lender and renewals af such pal�cies shall be subject to Lender`s right �o disa�p�ov�such�olicies,sha11 include a standar�mvrtgage clause,and sha�l name Lender as mor�gagee an�lor as an additionalloss payee. Lender sha11 ha�e the r�ght to hold the po�icies and renewa� certificates.If Lende�requires��arrower sh��prv�nptly giv�t��ender aIl rec�ipts of paid pr�miums and ren�wai no��ces,If�orro�rer�bta.�s an}�f�rm af i�sura��.ce coverag�,not o�he�rise rec��red b�Lender, far damage to,or destruction of,the Property,suCh palicy shall in�lude a standard martgage clause and sha11 name Len�er as mor��agee andlor as an additionax lass payee, In the ev�nt of loss,Barro�rer shall give pro�pt notice to the i�suran.�e carrier anc�Lend�r. Lender may ma.ke proaf of loss�f no�made pronlp��y by B�rro�er,Linless Lender and Borr��v��therwi�e�gree in writ�n�,any insurance proceeds,wh�ther or not the und�rlying insurance was required b��end�r,sha�� be applied to restoration or repa�r af the F�roperty, if the res�oration or repair is econ�mical�y feasibl�an�. Lender's security i�nat lessened. Dur�ng such repair and restoration period,Lend�r shali have the right to hold such insurance proceeds unti�Lend�r has had an opportunity to inspect�uch Propert�t��nsure the work has been comp�eted to Lender's satisfaction,pr�v�ded tha�such inspection shall be undertaken promptly. Lend.er ma�di�burse proGeeds for the repairs and res�oration in a sing�e payment or in a series of progr�ess�ay�ents as th�work is comp�eted.Unle�s an agreement is made in writing ar Applicable Law r�quires i�t�rest to be paid on such insura�ce proceed�s,Le�d�f s��ll not be required ta pay Barrower any interest or�amin�s on su�h praceec�s, Fees for public adjusters,or o�her third partre�, retained by Barro�ver sha11 no�be paid out of the i��urance proceeds and sha11 be the so�e abligation of Borrower. If the r�storation or repau is n�t economicaily feasib�e or Lender's security would be l�ssened,the insurarnce proceeds sha11 be app�i�d to the sums secured by this Securit�Instrument, wh�th�r or not then due,with the excess, if any,paid to Borrower. Such insurance pracee�s shall be appliec�in the order prov�ded�far�n Section�. If Borrower abandons�he�'roperry, Lender may f�Ie,negotiate and set�le any ava�I�ble insurance claim and related ma�ters. If Borro�ver dves not respand tivi�hin 3�days to a�aot�ce from Lender that the insurance carrier ha�affered to settle a claim,then Lender rrxay negat�a�e and settle the c1a�m. The 3�-day perio�[w��l b�gin when t�e natice is give�.. In ei�her��ent,or if Lender acquites the Praperty under Sectio�n 22 or vtbefwise,B��rrower hereby assign.s to L�ndtr�a)Borrawer's rights to any in�urance grace�ds in an a�nount not to e�c�ed the amot�nts unpaid un.de��h.e�ote or this Security In�trument,and (b)any o�her of Barro�u"er's rights�other�han the right t�any refund of unearned p�er�iums paxd b� FHA Q�ed af Trust With MERS-NE 913d1��4 Banket�Syst�ms� VNIR� VMP41V{NE}(954B}.44 Wolters Kluwer Financial Services Page 7 of 17 q�33529�344? Q�3 32� D�17