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2� 1 ��5212 reasonably might affect such d�termination or certification, Borrower shall also be resp�nsible for the payment�f any f�es imposed by the Federal Er�ergency Management Agenc�in connection v�ri�h the revieW of any flood zone determination resulting from an abj ectian by Borrower. �f Borra�er fails to mainta.in any af the coverages d�scrib�d above,L�nder may obta.in insurance cover�ge,at Lender's aption and Borrower's expens�, Lender is under no o�bligatidn to purchase any particular type�r amount of coverage. Therefore,such c�verag�shall cover Lender,but might ar might nat protect B�rrotiver,Barrower's equity in the Property,or the cont�nts of the Pr�perty,against any risk,ha�ard or liability and mi�ht provide gr�ater or lesser coverage t�ian was pr�viously in effect. Borrawer acknowledges that the cost of the insurance c��rag�so obtained might significantly exceed the �o�t of insuran�e that Borrovver could have ob�ained.Any amounts disbursed by Lender under thi� Section 5 shall become additiona�debt af Borrower secured b�this S�curity Instrurnent.These amounts sha��bear�nterest at the hTote rate fram the dat�a�d�sbursem�nt and sha11 be payable,�ith such in.terestg upon notice from Lender ta Borrower requesting payment. All insurance policies required by Lender and rene�a�s of suc�p�licies sha11 be sub,��ct to Lender's right to disapprove such pa�icies, shall inc�ud�a standard mortga�e c�ause,and sha11 nam�Lender as mar�gagee andlor�s an addi�iona��oss payee. Lender shall have the right to hald the policies and renewal ��rt�f c�t�s. If Lender re�uires�Bvrrv�er sha11 promptl�g�ve t�L��.der a��re�eipts of paid premiums and re�ewa��atices. If Borraw�r ob�a�ns any form of insurance coverage,not otherwise required by Lender� for damage to,or des�u�t�on of,the�'r�a�er-ty, such po��cy sha��inc�ud�a s�ar�dard mortgage c�ause an� sha11 name Lend�r as rriortg�.gee andlor as an additionalla�s payee. In the e�ent af 1oss,Borrower sha11 giv�prompt notice ta the insurance carrier and L�nder. Lend�r ma.y make pr�of of loss if n�t made promptly by Bor�rov�rer, Un��ss L�nder and�arrawer otherwise agree in writing,any insurance proceeds,whether ar n�t the underlying insurance�ras required by Lender,shall be ap��ed to restQrat�on or repa�of the prvp�rty, if th�restvration or repair is economi�ally feasible and Lender's security is not lessened. During�uch repau-and r�storation peri�d,Lender shall have the right to�.o�d such insurance procee�s t�n��Len�er has had an opportun�ty�o�nspect such Property ta ensure the wor1�has been completed to Lender's satisfactian,provided that such inspection shall be unde�a.ke� prompt��. Lender may disburse prviceeds for the r�paus and restaration in a srngle payment ar in a series of progress payments as the�vork is camp�eted,Unless an agreemen�is made in�vr�ting or Applicable Law requi�res in�er�st to be paid on such insurance proceeds,Lender shaii not be requixed�o pay Borrower any interest or earnings on such proceeds. Fees for public adjusters,or other third parti�s, r��a.ined b�Borrow�r sh�.I1 not be paid out of the insurance proceeds and�ha1l be the sole obiigation of Borrawer. If the restaration or repair is not economically feasible or Lender's security�vould be lessened,the insurance proceeds sha11 be applied to the sums secured by this Security Instrument, whether or not then due,with the excess, if any,�aaid to Borrower. Such in�urance proceeds shall�e applied in the order provided for in Section 2. If Borrower abandons�he Prap�rty,Lender rnay file,neg�tiate and s�ttle any available insurance c�aim and relat�d matter�, �f�orrower does nat respand�vi�hin 34 da�s to�notice from Lender that the insurance carrier has offered to settle a clairn,th�n Lender may nego�iate and settle the c1a�m. The 3�-day period w��l begin when the n�tice is given. In�it�,�r event,ar�f Lender acquires the Froperty under Section.22 or oth�nvise,Borrower hereb�assigns to L�nder(a}Borro�er's rights to any insuranc� pxocee�s in an amount not to�xceed the amounts unpaid under the Nate or this Security Instrument,and (b)any other of Borro�v�r's ri�hts(ath�r than the rig�.t to any refund�f unearned premiums paid by FHA Deed of Trust With MERS-NE 9/34/2414 Bankers SystemsTM VMP� VMP4M(NE}t150fi}.a4 V1�a�ters Kiuwer Financral Servrces Page?at�� q�33597?9fi84 4233 3G3 �717