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2� 17��525 reasanably might affect such determination or certification.Borrower sha11 also be responsible for the payment of any fees im��sed by the Federal Emergency Management Agency ia cannec�ion with th� re�iew of any flood��ne determinat�on resulting from an objection by Borro�ver� If$orrower fails to mainta.in any of the caverages described above,Lender may obtain�nsurance cov�rage,a�Lender's option and Borrower's expense.Lender is under no obl�gation to purchase any particular type or amaunt af coverage.Therefare,such�overage sha1�ca�er Lender,but mig�t or might not protect Borr�wer,Borrower's equity in the Property,or the coatents af the Proper�y,against any risk,ha2ard or liability and might pravid�grea�er or lesser coverage than was previousiy in effect. Borrower ackno�led�es that t�ie cost of the insurance caverage so obtained might signif cantly exceed the cost af insurance that Borro�ver cfluld have obtained.A.tiy amaunts disbursed by Lender uader this Sectian 5 s�al�become additianal debt of Barr�wer secured by this Security Instrument. These amaunts shall b�ar interest at the Note rate from th�da�e of disbursement and shai�be payable,with such interest, upon notice fr�m Lender to Borrov�er requ�sting payment. A�I insurance pc��i�ies re�uired by Lender and r�newals of such pfllicies sha�ll b�subjec��o Lender's�ight to disappro�e such pol�cies,shall inc�ude a s�andar�m�rtgage claus�,and shal�name Lender a� mortgag��andlar as an additional loss payee. Len�d�r sha11 have the right ta hald the palicies ar�d r�newal certif�ca�es. If Lender requires,Borrower shail promptly gi�e to Len�er a��rece�pt�af paid prerniums and r�newal notices.If 13orrower obta.ins any form of rnsurance co�erage, not otherwise required by Lender, far darr�age�o,ar��stru�tion af,the Praperty,su�h po�i�y sha��in�lud�a standard m�rtg�ge clause and shall name Lende�as martgag��ar�dlor as an additional l�oss pa�ee. In the event of 1ass,Borro�er sha1l give prompt n�tice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower,Unless Lender and Barrower otherwise agree in writing,any insurance praceeds,whether or not the underlying insurance was required by Lender,shall be applied to restoration or repair of the Property, if the restara�ion or repair is ecanamica�ly feasible and Lender's security is not lessened. During such repair and res�oration period,Lender sha11 ha�e�h�right t�hald such insurance proceeds until Lender has had an opportunity to inspect such Property�a ensure the work has been completed to Lender's satisfac�ion,pr��ided that such inspect�an sha11 be undertaken prompt�y.Lender may disburse proceeds far the repaus and restoratiQn in a singte paymen�or ia a series af progress payments as the w�rk is campleted.LTnless an agreement is made in wri�ing or Applicable Law requires interest ta be paid on such insurance proceeds,Lender shall nat be required�o pay Borrower any interest or earnings on such proceeds.Fees far�ublic adju�ters,or ather third pa�ties, reta.ined by�arrawer sha11 not be paid out af the insuranc��raceeds and shall be the sole o�li�at�on of Borrower.If the restoration or repai.r is not econamically feasibte or Lender's s�curity wauld b� lessened,the insurance proeeeds shall be applied ta the sums secured by this Security Instrumer�t, whether ar not then due,with the excess, if aay,paid ta Borrower. Such insuraace proceeds sh�ll be applied�n the or�ler provided for in Section�. If Borrower abandons the Property,Lender may fi�e,negotiate and settle any a�ailable insurance claim and rela�e�l matters. �f Banower does not respon�within 3�days to a notice from Lender that the insurance carrier has off�red tv settle a elaim,then Lender may negatiate and se�tle the claim, �"he 3�-day period�vi�l begin when the notice is given. �n either e�ent,or if Leader acquires the Property under Sectian 22 or atherwise,Bonower hereby assigns to Lender�a}Borrower's rights to any in�urance proceeds in an amount not#o exceed the amounts unpaid under the Note or this 5�curity�ns�rument,and (b)any ather of Borrawer's rights(other than the right ta any refund of unearned premiums paid by FHA❑eed of Trust With MERS-NE 9l3�12fli� Bankers SystemsT+'� VMP� VMP4N(NE}(15a6}AO Wolters Kiuwer Financiai Services Page 7 4f 17 ��3�sa49�� 4 vz � 1�