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2� 1 ��8��5 flaods, fax�rhich Le�der r��u�ses i�ns�ar��e. T�u�a�rsur�nce sha�b� mainta�n�d in th� ax�ao�nfs ��n��.dvag �.ed�c�b�e �ev��s� and ��r �e pez�� t.�a� Le�,der r�quires, �h�.� L��d�r requ�res pur�uan� �o th� p�ec�din� senten�es can change r��u�ng t�.e �erm o� t�xe Loan. xhE ��uranc� carr�er pr�vidin.g �h� �.��ance sha�.� �� cha��n b� Far�•��rer, s�x�b�e�� ,�n�e�`� r��t �o c�sa��r��re �orr��rer'� choi��, ��uch r�gh� sh�I n�� e�er��ed �e�.svz�a��.�. Lenc�er �n�.�r req�� Fvrrv�rer�� pa�, �r� ��nr�ect�v�z�� ,i� Lo�, e��r: �a� a Qne-�im� c�aa��r#la�� ��.e d��rm�r�a�iori, �e��a�.an �.�. �ra�k�ng ��r�c��; �� } � Q�.�-�xz� e��r�e�vr fload �ane d�te�m��i�n ��.c�rt��at�ox� ��.c�s a�d s�.�seq�.en�c�arg�s �a�h�e re��.pp�ngs a�s' ` a�r ��c�r�r�.�.�h r��b��h��c��c�d��r��.at�o��r�ca�.o�6 ��rxa�re�shal�. �.�o be r��pon��.�� he pa�.��a�y fe��ixn�a��ed b��are Fed��r��.�rg�nc�r�ar�a��xn�� �� i� �o��Y�n �it�. �� e-��r �f an� �n�� .� d��e�x�� es�t�� fx��n an. ��i�x��y�t��`r��r��`. �f F��ro��r f�� ta x��. a�y ��x� ��.�e�a��i��a.�a�re, L�n�.er�.a� ab��.1I1 �.s�a��e �o�rera�e, ��:��.��r°� ��a a�d �a�v�r�r's ��ense. L�n�.��s und�� no �b�i��t�o� �� r�ha��e an� part��ar ��e v�r am��.� �f�a�rP�age, `�here��, s��. ��rerag� �h�� cav�r .��nd�r, ��.� �ig�� igh� n�� pr��eC� �arra�r��, �orr��r�r'� ec��r Yn the Pro�er�, �r �.e ��z�ea�� vf th�Pra��r� ag�st a�z�z-i�k, haz�rd�r�iabi��r ax��.ght�rv�zde gre�.�e�`�r�e�s�r c�ve�r��e tha� �r�s ��evYo�.s�� irn e£�ec�. ��rv�e� ��o�r��d�es that �-i.e cn�� he insura��e c�vera�e s� ob��.�n�d �ig�.� s��an�y e�G��he ��af�ns�xar�ce t�a� ��rr��re�c��d ha�� abta.i�ed. �n�r �aa�t� d�sbursed �y �e�d�r r��d�� i� ��io� � s�a�l b��r�� a.dd.itio�a� �.�� �f Bvrra�r�r secu�e��b�thi� S�cu�t�Ins�uaae�.�. Th��e am.��nts shall.�bear i.�� at the N�� rate �rar� the date of �s��r��nen� a�.� �ha11 �e p�ya�l.e� �� uch �nterest, ��aon ��tice fr�m I�e�.d�r�o Borro�rer req�e�#�g pa�rn.ent. All ins�rance��icies requ�re��'I..�e�de�-a�d arene�als a�s�x��alic�es sha1�be subj�c# �o Lend�r's r�ght�a disappro�r��uc�po�i�ies, �h�a�l in��x�a�� a�tandard�ao��gage c�aus�, ana shall name Le�der as mor�gag�e ��1ar as � �adi�vnal ��s pa��ee L��c�er sh�I ha�re #.�e r�.gh� �n �ia�� t�rx� pal�c�es ��.d r�nev�ral ��rt�icates_ Zf�,ender req�xe�, Bvrro�re�s�a�l p�am�t��r ��r� �o �e�.der � re�e��t� �f pa�d pr��u�n� an� �`e�a��aX not��es. If �ar�-��rer ob�ains any farxn a� i�surance �overage, n�o� otherw�s� r�quired �� .ender� for dau7ag� fv, or �.�stru�t�aII of, �e Proper�y, suc� po�cy �ha�i ��xc��x�.� a sta�dar� rnor�ga�e cXa�e an� shall ��e L��.er �.� mortg�g�e andlor as an ad�.�a�.�.�oss pay�e. J.� �h� ��r�� f��s�, Borra�rer sh�L ��r� pro�n�� otice f� t�he i�.��c� ca�x��r and �e�.��r. Len��r ma�rr�a��pr��f��'i�ss�f�ot��.��rvx�pt��b�F��o�er. �'n�e�s i�en�er a�d ��r�r ��.e�►��e ag�r�e �n ��a�.g9 a��r im��r�n�� pra�eed�, w�e�� a� �ot th�e �n��g i�.��a�xce��s��.ir�d�by��.�.��, ��.�.b��p��.��d�o r��ora�€�n�x�repa�o��ri.� Prap�r�r, �f�he res�Qr�ti�n or repair�� o��r�c�y�r��a��.a��'s s��ur�t��n��ss��ed. Du�n�su�� r��.ir ar�� r��ra�vn �e��., �e��.at� ha�re �� r�g�� o �.��d ��ch�nsur�� pr��e�ds u�� �en�.�r��as h�d � ��.t�r �r� �sp�ct��c�. ��rop�rt3r�� re �.��rax��h�b�en �o�p��d t� L�n.c��r's �a�.�t�c�.��, p�v�.�.�d �a� �u�� sp��t��. ��a�l �� d�r�aken p�r�m��.�r. Lender ma�r ��br�.r�e ��ceed� fn�r the repa�r� ar�.d �r��v�a��.o�. � � ��ng�� a��n� or � a ser��s Q� ��ogress p�.�.e�ts as �h� �ro�� s ��ap�et��.. ��e�� ax� ��x��men� �� a€�e �n ��g o� . A-P�I�c��e La�sr require� in�ere�� a b� p�� n such i�sur�.c� ��n��ed�, L�n��x �h�1 x�o� be requ�'�d �a �a�r �vxro�rer�x��re�� o�r �arz�.i�.gs �n�uch pr��ee�.s. �`�� fo�r��l��.0 �dju�t�rs, ��.�KA W-Sin�e Famaly--Fanni.e Ma.e�lFredtlie Ma�U�+IIFQRM INSTAiRv�'N'T��m 3�& 1!�! GCC�G3�28-a7�Q910 i� (Pa�e 7 of 19�