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2� 1 ��29�3 reasonably might affect such determination ar c�rtification. Borrawer�ha��a�so be respon.sible for the pa,yment vf any fees�mposed by the Federal Emergency Manag�ment Agency in conne�t�on with the revieu�of any flovd zone determination resulting from an objection by Borrower. . If�orrower fa��to maintain a�►y of the coverages described abo�re,Lender ma�r ob�tain insurance coverage,at Lender'�option and I3orrawer`s expense. Lender is under nv obl�gation ta purchase an� particular type or amount of caverage. Theref�re, such coverage shal�ca�er Lender,but mi ht or mi ht � � n.ot protect Borrower,$ortawer's equity�n the Property,or the cantents of the Proper�,against any risk,hazard ar liability and m�ght provlde greater or 1ess�r co�erag�than was pr�vi4usly in effect. Borra�ver acknow�edges that the cost of the insurance coverage so obtained m�ght signifcantly exceed the cost of�nsurance that Borr�wer could have obtaYned.Any amounts disbursed by Lender under this Section 5 sha11 become additional debt of Borrower secured by this Security In�trument. These amounts shal�bear rnterest at the Note ra�e from the date of disbursement and sha�l be payable,with such inter�st, upon notice from L�nder to�orrower requesting payment. A11 insurance golicies required by Lender and renewals af such po�icies sha11 be subject to Lender's right ta disappro�e such pv�ic�es, sha1�inelude a standard mortgage clause,and shall name Lender as rnortgagee andlor as an additional�oss payee. Lender shall ha�e the right to hold the policies and rene�al c�rtificates. If Lender re�u�res,Borrower sha11 promptly give to Lender a1i r�ceipts of paid premiums and renewal notices. �f Borrower obtatns any form of iasurance eoverage,not otherwise required by Lender, for damag�to,or d�struction of,the Property,�uch policy sha11 inciude a staadard mortgage c�ause and �ha��name Lender as mortgagee andlor as an add�tiona��oss payee. In the e�ent of 1os�,Borrovver shall give prompt notice to the insurance carr�er and Lender. L�nder may ma�e proof of loss if not made prorrYptly by Borrower.Unless Lender and Borrower nthertivise agree�n �vriting,any�nsuranc�proceeds,�vhether or not the underlying insurance was required by Lender, sha11 b�applied to restoration or repau of the Proper�y, if the rest�ration or repair is econ�mically feasible and Lender's security rs not lessened. During such repair and restaration period,Len�ier sha��have th�right to hold such in.surance praceeds unt��Lender has had an opportunity to inspect such Proper�y to ensure the wor�ha�been completed to Lender's satisfaction,provided tha�such inspectian sha11 be und�rtal�en promptly. Lender may disburse prac�eds for th�repairs and restoratian in a singl�payment ar in a series of progress pa}�ments as the work is c�mpleted. Unless an agreement is made in�r�ting or Applicable Law requires interes�to be paid�n�uch insurance proceeds,Lender sha11 not be requued ta pay Borro�ver any�nterest or eaarn�ngs on such proc�eds, Fees for pub�ic adjusters,or other third parties, retained by Borrower sha11 not be paid aut of the insurance praeeeds and sha�l be the sole ob�igat�on of Borrower. If the res�oration or repair is not economica��y feasible or Lender's security�rau�d be lessened,the�nsurance proceeds sha11 be appli�d to the sums secured by this Secur��y Instrument, �vhether or not then du�,with the�xcess, if any,paid to Borr�wer. Such insurance proceeds shall be app�ied�n the order provrded for 1n Section 2. If Borrower abandans th�Pr�perty,L,ender may file,negotiate and settle any avail�.b1�insurance c1a�m and re�ated ma�ters. If Borrower dves not respond within 3�days to a notice from Lender that the insuran�e carrier has offered tv settle a claim,then Lender may negotia��and se�tle the c�a�m.The 3�-day period wi11 begrn�vhen the notice�s g�ven. In either event,or if Lender acquires th�Pr�perty under Sect�on�2 or ather�wlse,Borrower hereby ass�gns to Lender(a)Borr��ver's rights to an�insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instrument,and (b)an�other�f Borrower's rights(other than the r�ght to any refund of unearned premiums paid h� FHA aeed of Trust With MERS-NE 91341�0�4 Bankers Sys#emsTM VMP� VMP4N�hIE}(1546}.4Q Wolters Kluwer Financiai 5ervices Page 7 of 17 q43355�8$865 Q233 334 Q71?