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` 2� 1 ��75�7 <br /> . <br /> �easu�i�bly�Yii�ht at�iect stic.-h d��terx-rl��iatxUii or ccrtitic,•at�on. �3�i•r•o�ver�ha[� also be��cy�on�ible for the <br /> p�y:nei�t oi ariy f�es irxipc���c��y tl��I��derai �:�Yier�;�n�•y !I�a�aa�e��r�ex�t��e��cy rn 4c�r�neclio�}�vith th� <br /> �'c�i��v�t'a��ay 1�1oud�onc de�c;r��nir�atio�a r�s��itiri�; f'r���a��obj�ction by�3orrower. <br /> Ii 13c�i•rc�rver�'ails ta rnaintain a�-iy o#"the 4•c�v�ra�;cs dL�c;rib�d abo��, �.e��dcr r�nay obt�i�� ir�sura���e <br /> c:c�vera�e,at�.ci�c��r'�apti�ri�nd �3��rc��vc�-'s expLnSc. �.�Gnder is undcr no c�bli�atio�� to p��rchas�ai�y <br /> �arti�t�tar tYp�ai•arrio���il�t'c:c�v�ra�;e. '1'���;rcl'orc, s�zc:f�ca��cra�e s��all ca�t�er Let�der,b�zt ir�i������-rr�i���t <br /> ��c�t prot�c,•t 13orr���r�r, I3orr�w�r's t;��ity i��th��'rc�p�rty,�r the cant�nts ot thc Prop�rty,a�;ainst ai�y <br /> risk, �iaTard or liabili�y ar�d trii�;ht provid��rc�atcr or Icsser covGra�;e that�was previo�zs�y in effect. <br /> �3o�rc��v�r ac�knowled��s that t�a�c�vst ai~thc in���i•an�e iovc:ra�;c so�btained m��;ht si�;niti4antly exeeed the <br /> c.�c�st c�t i�zs�xra��c:� t�kat�3��•r�rv�r�o��l� ��avG obtair�ed. �t�y airit�i�iits disbursed by Ler�dGr ur�der t��is <br /> �c�tion 5 �ha��bccomc�Ydc�irio�������Gbt at'�3orrorvc�-scc��rcd by thi�S�curity�ns�rr�mcnt. 'I'hcsc�mo��nts <br /> sh�l1 �Gar ir�l��•r;st at I�i�Notc�rate i't•orri��x�datc:o#'di�bi��•s�:i�ic�it ai�d s�iatl b��ayat�lc;, rvitti st��:�� irit�;r�st, <br /> �rpc�n ric�tic.•e f�-c�m ��Gnd�r to�.3onro�v�r�•c.�c�ticst in�;paYmcnt. <br /> f��l i��rs��rancc pa�icics rc:c�uirc;d by I.c�7der ar�d�c�nc�va�s af such pol�cies shal�be s��bjce:t to I..endcr's ri�;ht <br /> ta disappro��G s��ch p�licics, shall i����-iude a stan�iard m�rt�a�G cla«s�,and shal� �aa�ne l.,endcr a� <br /> rnort�a�c�e andl�r�s�n additto�ial loss pay�e, Le��der shall have th�right to hoid th�p�licies and rencr��al <br /> c�rti#�eates. lf �,e�7der re�uires, ���no�ver sha�l prUmptly�ive to I,ender all reeeipts oF paid premiums and <br /> rt�ncrval notices. It"�3orro��er obiains any f�r,-n�t'instiratace cov�:ra�e,no�ath�rwise reqr�ired by Lender, <br /> f�r dazna�e ta,or dcslr���tia1�flx; �h��'rop�rty, s��ch po�icy sh�l[ inctude a standard mort�age�lause ar�d <br /> shall name I..cnder as m�rtga�ec andlar as an additional lo�s payce. <br /> ln thc e��nt ot'�oss, 13�rr��vcr�hal� �;ivt� ��-�tn��nc�lic,•c t� thc i�z5��ra��cL car�-icr���c� I_:c��c�er, �.cn�cr�n�y <br /> rziakc p�-oc��'c�t'lo��it'c�ot madc�ra�-n�tly by�3UiTa�vGr. [�n�cs�Lcndcr anc� �3orro�vcr othcrrvisc a�;r•cc� i�� <br /> ��ritin�;,a��y inst�rt�n�:��proc.°eeds,�vhether Ur Y�ot the r�nd�rlyin�;ins��ranee�yas req��ired by I.cnder, Sha�l <br /> bc��p�li�d to restoratio��c�r rGp�i1 0�`t��c; �'ropect�y, if thc restc�ration�r repa�r�s e�onaini��ally fea�ib�c and <br /> �.Gnc�c�r's s�c:t�ri#.y i��aot l�ss���cc�. �]t�ri����t�c;��repair and restoration period, I��nder shail ha�r�;the ri�;ht <br /> fo�a���suc;#z i�isr�ra��4c proc:cc;ds��ntil I,cnc�cr has t��d an ap�ortr�nity to inspect:���c;�Praperty t❑c��strre <br /> t��c rv�rl��xas be�n c�rnp��ted �a �.�nc���•'s satisxactior�, pr��ided that s��ch inspe�;tiol�s��al�bc«ndertaken <br /> piorr�pt�y, Lc;r�der may disb��rse prc�c;c;�ds tor the rc;pairs and rest�rat�on in a sin�le pay�-ncnt Ur in a series <br /> c�t'pru�;res�paymt�r�t�a.51ki�w�rk is Gc�rr�plc;tec�. Uri��55 an a�reeiTicrlt is ma��; in r.vriti���c�r�Lppli�able <br /> I_.�iv x�;q«ires inle�•est!�b�paid c�n sr��h ii�5r�rai��e proceeds, I�end�r shall not be rc�uir�d to p�y <br /> �3c�rrv�v�:r���y ir�t�:���t c�r�arr�ir��;s�r���F��t pi-c�ccc:c�5. ��Ges�c�r p��blic adjust�rs, c�r�thcr t��irc�p�rties, <br /> �etai���d by�3�rr���ver st�ai�r�ot�e pai�out oi tt�c ii-�s�trar�ce pro�ccds and shall bc thG Sc�lc obli�a�ion of <br /> �3c�rrc��v�r. If It�c;��st�iati�ra c�r rcpair i�n�t c;��r�c�rrii�'a�ly f�a5ible Ur Len�ier'S s�;c;u�`ity tvUi�lc�be <br /> I�sS�ned,the ixzsurar�c�proc;et�ds�ha11 be applic;d to the surYis s�cured by this 5ec�z�ity Ir�str��ment, <br /> 1v�tC;t��c;r Ur rlUt�i��Gri[�lz�;, ��vith t����x�;�s�, ii':�riy, paic� t��3Urrc�w�r. S��ch in���ranc�pr�cc�;c�5��a11 b�: <br /> �pplicc� in thc c�rd�r provi�ied fc�r i�i S��ti���2. <br /> �f�or�c���er abando��s t�he �'ro��rty, �,�t�dc��inay filc, ne�ot�ate and settle aY�y avai�able inslrranee c�aim <br /> a�ad r�lat�d����att��-s. !f'�oir��vcr dc��s ixt�t�-�spot7d�v�t��i���i�days to a ilotice �i•am l.�ci�dcr that the <br /> itis�rr���c:c LaiTier��as c�t�ercd to S�tt�c a c�airn, �hc:n �.erzder may t�r:�;o�iate and sctt�c thc;c:�aim. 'I'hc 30-day <br /> �criod tiv�l�be�;i�i r�v��en the�lutic�� is�iv�i�. �i�eithe�cve��t,���i#�l�endcr acat��res thc �'ro�erty under <br /> SGc:t��n ZZ c�r oth���tvise, l3c��-�o�vcn c��r��y�ssi�xj,tc� �.cndcr(a}�3orro�ver's ri�;ht�tc�a�-�y ir�s��ranc:c <br /> pro�'�c�s�iy a��a�nou�at�ii�t ta�xc.•eed th�a�n���t�ts u��paid��nder th� Note�r l��is S��r�rity ln�t�-umc�n�:,aiid <br /> �b�ay�y oth�r ot'�3c��-�o�vcr'�ri�hts(Uth�r t��an the ri�ht t�any ret�tnd of��nearnc;�pr�mi�xms paid by <br /> F=r�n«�:���i af I rt�5t t�l�i�ti Mk���S-NE� 913UIZ014 <br /> Ei�r�kr:rs Systt:�r�ST+� VMi�C� VMF��N=NE}(15U6}.a0 <br /> Walt��s KI��wE:r I fr�arFcial Sc.srvi�;c;�; F'ayc 7 of 17 <br /> qU:33f15�i�335U U�33 �l7 �717 <br />