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2� 1 ��32�7 ser��ces and subsequent charges each t�me remappings or similar chan�es occur�hich reasonably might affect such determination�r�ertification.B�rro�er sh��l a�s�be�e�ponsible for the payment of an�fees imposed�by the Federal Erriergency Management Agency in connecti�n with the r�vievv of any flood 2one determination re�ulting from an obj ection by Borro�er. If Borrower fails to mainta�n any of�h�coverages d�scribed abave,Lender may obtain insur�.nce coverage, at Lender's option and Borrower's exp�nse. i.end��r is under no o�bli�ation�o purchase an�particular type or amount of covera�e. Therefore, such co�erage shal�caver Lender,but might or might not protect Borrow�r, B�rrow�r's equi�y in th�1'rop�erty,or the contents af th�Property,a�ainst any risk,ha�ard or liability and might provide gr�ater or lesser coverage than was pre��ously in eff�ct.�arrower acknowledges that t�e cost of�he�nsurance ca�erage so obta�n�d might sign.if�cantly e�.ceed the cost�f in�urance that BorrQwer could ha�e ab�a.ined.Any amounts disbursed by L�nder under this Section 5 sha11 become additiona�debt of Borrow�r secured by thi�Security Instrument. T`hese amounts shall bear interest at the Note rate from the date of disbursement and shall be paya�le,w�t�such�nte�rest,upvn notice fram�ender to Bor�a�ver requesting payment. A1�insurance policies requued by Lender�nd renewals of such pvlici��shatt be subject to Lend�r's right to disa�prove such pali�ies, sha11 include a standard�rn€�r�gage clause,and sha11 name Lender as mortgagee andlo�as an additional loss pa�ee.�.ender sha��'have the right to�aold the p�ticies anc�r��.�wal certificates. If Lender requires,Borrawer sha11 pr�mptly give to Lender a�1 receipts af paid premiums and ren�wa� . notices. If Borrower obtain�any form of insurance caverage,not otherwise required by Lend�r, for damage to,€�r destr�ct�an of,the PrQperty,such p��y shall inc�ude a standard�mort�age clause an�shatl name Lender as mortgagee andlor as an add�tianalloss paye�. �n the e�rent of 1oss,Borro�er�ha�t give prompt notice to the insurance carrier and Lender. L�nder may make proof af�oss�f no��nade promptly b�Borrower. Un�ess Lender and Bortovver otherwise agree in writing,any insurance proceeds,whether or not the underlying insurance was required by Lender, �ha11 be appl�ed to res�oration or repair af the Property, if the restaratia�x or repair is ecanomica�ly f�asible an� L�nd�r's seeurity is not lessened. During such repair and rest�ra�ion period,�,ender shall have the r�gh�to hold such insurance proceeds unt��Len�er has had an apportunity to inspect such T'roperty to ensure the work has�een comp�eted to Lend�r's satisfacti�n,pra��ded t�a�t sue�.i�spection shal�be undertake� promptly. Lender may disburse�roceeds for the repairs and restorati�n in a single payment or in a series of progress payments as the tivork is completed.Unless an agreement is made in wr��ing or Applicab�e Law requires inte�est to be paid on such inst�rance pr�ceeds,Lender shall not be�equ.ired to pay Borro�vver any interest or earnings on such proeeeds. Fees for public adjusters,or other third parties,retained by Bonow�r �hait not be paid out of the insurance proc�eds and sha11 be the sole obligation of Borrower. If the restoration or repair is nflt ec�r��rr�ically feasible�r Lender's securit�w�uld�e lessen��,t�.e insuran�ce proceeds shall be applied to the sums secured by this Security Instrument,wh�ther or n�t then due,with the excess, if a�.y, pa�d to Barrower. Such insurance�roceeds shalt be applied in the order provided for in Sec�ion�. If Borrovver abandons the Property,Lender may fle,negotiate and s�ttle any availabte�nsurance claim and related.matters.If Borra�rer�.�es not respand vvithin 3 a days to a no�ice from Lender that the insutance carrier has offered�o set�le a claim,then Lender rnay negotiate and sett�e the��aim.The 3�-day perio�l wi�1 begin�when the notice is g��e�. In either e��nt,�r if Lend�r acquires the Property under Section 22 or other�vise,F3orrower hereby assigns to Lender(a)�orrawer's rights to any insurance proceeds in an am�unt not to exceed�he amounts unpaid under the Nt�te or th�s S�cur�ty Instrum.ent,and(�b�any oth.er of �orrower's rights�other than the right ta any refund�f unearned premiums paid by B�rrower)under all insurance policies covering the Property, i�sofar as su�h righ�s are applicab�e�o the coverage of t�e Property, Lender may use the�nsura��procee�ls either to repair or restore the P�opert�or to pa�a�a�.n�s unpaid u�der the 1�Iote or this Security Instrument,�vhether�r not then due. NEBF'rA5l�CA-Single Family-Fannie MaelFreddie Mac UNIF��:M�NSTRLIMENT WITH MERS Form 3428 11�1 VMP� VMPfiA(NE)[1342}.44 Wo�ters Kluwer F inancial Ser�ices Page 7�f�7 q0335�355144 ��33 351 �71�