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2� 1 ��8387 <br /> reasvnably might affect such determxnation or certif�cation. Borrawer sha�l a�so be re�pans�b�e far the <br /> payment of an�fees imposed�y�he Federal Exnergenc�Managernent Agency xn connection w�th the <br /> revievv of an�flood zane determination resulting froxm.an o�jection by Borrower. <br /> If Borrv�ver fails to maintain any af the c4verages d�scribe�abave, Lender may obtain insurance <br /> � cvverag�, at Lender's op��an and Borrowex's expense. Lender is und�r n❑ ❑bligatian t� purchase any <br /> par�i�ular��pe ❑r amoun��f c�verage. �`h�refor�, such cov�rage sha�l c�ver I.ender, �ut�xa,i�h�or migh# <br /> �v�pr��e����rrower, Barro�ver's equ��y ir�th��'��per��r, �r�h� �or�t�nts �f the Pr�pert�, again�t any <br /> rxsk, hazard ar li�bil�ty an�mxght prov�de grea�er�r�esse��c���r�ge�ha�was pre�i�rxsly�n ef�ec�. <br /> ��rrovver acknow�edg�s fihat the cvst�f�he�n��r�nc�c�verag� so ��t���.ed�night sig�ificantl�r excee�the <br /> cast of insurance �hat Borrower c�u�d h�.�ve ob�axned. Any arr�o���s di�hurs�d��Le�der under this <br /> Sectian 5 shal��eco�e add�tior�ax de�t�f�+�rro�v�r secured by this �ecur�ty Ir�strume�t. These amounfs <br /> sha���ear in�eres�at�he Note rat� from th� d�te ��d���ursenr�ent��d shal�be payahl�, �vith su�h interes�, <br /> upon natic�from Lender t� �orro�ver r�questir�g payrnent. <br /> A���Ynsurance pal�cies required by Lender and r�newa�s af�u,ch p�l�cxe�sha�l be su�ject t� Lend�r's rxght <br /> f� disapprvve�uch p��ici�s, sk�all�������a stand�rd mortgag� c�ause, and sh�l�name L�nder a� <br /> mar�gagee�ndlar as an add�t�an��Ioss pay�e. L��Yd�r shall ha�e �h�righ��o h�id th� p�lp�ies�d rene�v�ra� <br /> certif��a�es. �f Lender requYres, B�rrovv�r sh�ll promptl�r��ve t�L�r�der a��rec��pts af paid pr�m�ums �nd <br /> re�e�vaX no�ices. If��rr�wer�btains a�y f�rm af i��urar��� �ov�r�ge, not �ther�ivxse requ�red l��Le��er, <br /> for damage ��, �r destru�t���.�f, �h� Propert�, such pa�ic�sha��xn�lud� a st�ndard rr�ortgage c�ause and <br /> sha11 na�ne Lender as nr�o�rtgagee andlo��s a�addx�ionai lvss pa��e. <br /> In#he eve�t of loss, Borr�wer shaX�give prompt n�tice ta the�nsurance carrier and Lender. Lender may <br /> make praaf vf��ss xf no�x�ade pr�mptl�by Bvrro�ver. �J��ess Ler�d�r and Borrov�rer o�h�r�v�se agree xn <br /> wrxting, an�insuramce prviceed�g whe�her or not�h��.nd�rlyir�g insurance�ra�requi�e�by L�nder, sha1� <br /> be app�ied to rest�ration ar r�pax�of the JPrvpert�r, rf the restnratxan or r�pair is econvmically fea�ib�e and <br /> Lender's security x�not Iessened. �]uring s�ch repair and restoratx�n perivd, Lender sha���ave the right <br /> fo hvld suCh insurance prac�eds unti�Lend�r has had an�pp�rtunit��o�nspec�such Proper�y fo ensure <br /> the�vrk has been c�mpleted to Lender'� satisfac��an, prov�ded tha�such xnspe�txon shal�be undertaken <br /> prompt��r. Lender may di��ur�e pro�eeds for��e r�pazrs a�d restorati�n xn a��ng�e paym�nf or��a serxes <br /> �f pragres� pay�nents as �he�vvrk�s �o�p�e�ed. i]�n�ess an�greer�en��s made in�rr�tir�g ar Applica�I� <br /> Law requires xnterest tv be pa�d on such�nsurance pro�eeds, Lender s�a�1 no�b� requ�red�o pay <br /> B�rr�wer any�mt�r�st or�arnings�n sa�ch pr��eeds. F��s f�r p�blic adjus�ers, o�o�her third parties, <br /> retained b�r Borra�re�sha�l r�vt be paid ou���'the�xlsu�an�e pr�ceeds and shall be thQ so�� o�Ixgation�f <br /> Borr�wer. �f'the restoratx�n�r repair is��� ���nam��a��y feasib�e or L�n��r's���urx��v�r�u�d�e <br /> Xessened, the insurance pr�c�eds sha�1 be app�Yed t� �he s�ms s�cured b��h�� S�curity Ins�ru�rien�, <br /> vvhe�her or not�hen due� �r�th th��xcess, if an�, p�a�d�o Borrower. 5��h.�nsurance proce�ds sha��b� <br /> applied i�t�e order provided f�r in Secti�� �. <br /> �f Bvrr�vv�r a�andons the Pr�p�r�.y, L,ender may file, r��go�iafe amd se��le ariy ava��able i�surance claim <br /> and rela�ed mat�ers. �f Borr��ver does n��r�spand vv�t�in 3U day��o a notyce fr��n Lender that the <br /> insurar��e �arri�r has�ff�red to se���e a cXair�, th�n L,�nder x�ay n�,g�tia�e and se�tle�he claim. The 3U-day <br /> pe�riod�rill]begin v�h�n the no�xce i�g��en. In exther e�emt, �r�f L,�mder acqrx�res the Prop�rt�under <br /> 5ection�� ❑r otherv��se, B�arr��nr�r her���������s #� Lend��r �a} B�rrovver's righ�s to any�nsura�ce <br /> praceeds in an amount no��� e�ceed�he ar���.m�s u�paid under the Note or�h�s Secur�ty�nstrumen�, and <br /> �b} any❑ther af Borrower's r�gh�s �other��an$h� right��an�r refund�f u�.earne�prext�iums paid]by <br /> 2���0444� oog���o2�� <br /> FHA Deed❑f Tru�t With MERS-NE 913�12014 <br /> Banke�s 5ystems�M VMP� VMP4N(N�)�'�5Qfi).�� <br /> Wolters Kluwe�Financial Services Page 7 of"17 <br />