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2� 1 ��5�52 reasonab�y might affect such determ�nat�on or certification. Banower shall also be respansible for the payment af any fees imposed by th�Fed�ral Emerg�ncy Nlanagement Agency in connection�vith the review of any flood zone determinatian resulting from an vbj ection by Barrower. If Bort�wer fa�ls t4 mainta.in any of the coverages describ�d above,L�nder may obtain insurance coverage,at L,ender's option and Borr�wer's expense. Lender is under no obligation to purchase any part�cular type or amount of co�erage. Therefor�, such coverage sha11 cover L�nder,but migh�or might not protect Borrower,B�rr�wer's equity in the I'roperty�or the cont�nts of the Property,against any risk,hazard or liability and might provide greater or lesser c�verage than was pre�iously in effeet. . I3orro�ver acknovvledges that the cost of the insurance caverag�s�ab�a.in.ed might significantly ex�eed the c�st of insurance that Borrvwer could ha�e abtained.Any amounts d�sbursed by Lender under this Section 5 sha11�ecame additional de�at of Borrawer secured by�h�s�ecurity Instrument, These amounts shall bear interes�at the Note rate frorn the date of disbursemen�and sha11 be payable,with such interest, upon.n�tice fr�m Lend�r ta I3orrov�er reques�ing payment. A11 rnsurance pol�cies required by i.�nder and ren.e�vals of such policies sha11�e subject to Lender`s righ� to disapprove su�h pol�cies, s�.all inc�ude a standard mortgage clause,and sha��name Lender as mortgagee andlor as an additi�nal�ass payee. Lender sha11 have the right ta hold the policies and renewal cer�ifica�es. If Lender requires,Borr�`uer sh�11 pr�mp��y give to Lender a11 receipts of paid premiums and renewa�notices.If F3orrower obtains any form of insurance co�erage,not oth�rwise required by Lender, for damage to,or d��truction of,�he Property,such pQ�icy sha11 include a standard mortgage clause and sha11 name Lender as mortgagee andlar as an additiona�loss payee. In the event of Ioss,$orrower shall give prompt notice to�he insurance carrier and Lender. Lender may make proof of�oss if not made promptly by Borrower. L�nless Lender and Borro�er otherw�se agre� in writing,any insurance proceeds,whether or no��he und�rl�ring insurance was required by Lender, shall be applied�o restoration or repair af the Proper�,if the re�toratian or repair is economicatly feasible and Lend�r's securi�y is not lessened. During�uch repair and restoratian period,Lender sha11 have t�e right ta ho�d such insurance proceeds until Lender has had an opportunity to�nspect such Property to ensure the work has been completed to Lender's satisfac�ion,pravided that sueh inspecti�n shall�e undertaken promptly. Lender may d�sburse pr�c�eds for the repairs and restora.tion ia a single payment or in a series of progress pa�ments as the work i�completed. LJnless an agreement�s made�n writing or Applicable Law requires interest to be paid on�uch in�urance praceeds,Lender sh�,ll not be requir�d to pay Borrower any interest or earnings on such proceeds. Fees for pub�ic adjuste�rs,�r other third parties, retained by Barrawer shall not be paid out of the insurance proceeds and shall be the s�le abligation of Borrower. If the restoration�r r�pair is not economically feasible or Lender's securi�vvould be lessened�the insurance proceeds sha11 b�app�ied to the sums secured by this S�curity Instrument, whether or not then du�,with the exces�, if any,paid to Borrower. Such insurance proceeds shall be app��ed in the order provided far in Secti�n 2. If Borrower aband�ns the Proper�y,Lender may f��e,negotiate and settle any a�ailable�nsurance claim and rel�ted matters. If Borrawer d�es not respond�vithin 34 days to a r�otice from Lender that the insuran�e carrier has offered to settle a cla�m,then Lender may negatiate and settle the claim. Th�34-day period wi11 begin when the noti��is given. �n either event,or if Lender acqu�.res the Property under 5ection 22 0�otherwis�,Borro�er hereby assigns to Lender�a)B��ar�rer's rights to any insurance proceeds in an amount n�t ta exce�d the amounts unpaid under the Note or�his Security Instrument,and (b)any�ther of Borrower's righ#s(other than�he right to any refund of unearned premiums paid by FHA Deed of Trust With MERS-NE 9/34/2494 Bank�rs SystemsT"�+ VMP� VMP4N�NE}[1546).Q4 Vllofters Kiuwer Financ�al Services Page�o#17 ��335976�685 �233 3�� 4�17