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. 2� 17� 12�4 reasanably mi�ht affect suuh determinatic�n or certification. Borx��wer shall alsa be responsible for the paym��t af�ny fees impa��d b3�the Fed�ral Emergen��Management A�enc�r in�onnection with the review of any floo��ane determinat�on re�ulting from an o�j ect�on by Barro�ver. If Borrower fails t�marntai�.any of the coverages described abave,Lender may obta�n insuranG� co�erage,at Lender's option and$orrower's exp�nse. Lender�s under no obiigation to purchase any particular type or amount a#'coverage. Therefare� s��h coverage sha��cover Lender,but might�r might not prote�t B�rrowcr,Borrawer's equity in th�Pr�perty,or the Gonten�s of t�e Proper�y,against any risk, hazard or liabili#y and might pro�ide greater or lesser coverage than wa��revious�y in effe�t. Borrower acl�nQw�ed�e�that the cost af the�nsurance co�erage sa obtained might significant�y exceed the cost of insurance that$orrow�r cou�d have obta.ir�.ed.Any amourits disbursed��Lend�r under this Section 5 shall became additional de�at af Borro�er secur�d by this �ecurity�nstrument.These amounts shall bear interest at the Note rate from the date af disburse�ment and sha�l be payable,�vith such inter�st, upon notice from Lender to Borrower requesting payment. A11'tnsurance policies requixed by L�nd�r and renewals of such p�li�ies sha11 be subj ect to Lender's righ� to disappro�e such policies,shall includ�a standard mart�age clause,and shali name L�nder as mortgagee andfar as an additi�nal loss payee. Lender shall have the right ta hold the pal�cies�nd renewa� certifcates. If Lender requires,B�rra��er sha��promptly give to Lender a11 receip�s�f paid premiums and renewa�raotices.If�3�rro�ver obtain�any farm of insurance coverage,na�ath�rwise required by Lender, for damag�to,ar d�struction af,the Prape�-�y,such palicy shall inc��de a standard mortgage clause and shal�name Lender as mortgagee andlor as an ad[�it�onal loss payee. In the event of loss,Bonovver��a1I g�ve prampt notice to the insurance carri�r and Lender.Lend�r may make proof of l�ss if nat ma�e pr�mp��y by Borro�ver,Unle�s Lender and B�rroW�r otherwis�agree in writin�,any insuranc;e proc:eeds,whether or not the under�yin�insurance was required by Lender,shall b�applied to restoration or repa�r of the Property, if the restarat��n�r repair is economicaliy feasible and Lend�r's security is no�1es�ened, �uring such repair an�restoration period,Lender shall have the right to hold suc�insurance proce�ds until Lender has had an apportun�t�r to inspect such Property to ensure the work has been completed to Lender's satisfaction,pravided�hat such inspectian shall be undertak�n pram�tly.Lender may d�s�urse proceeds for the repairs a�.d restaration in a s�ng�e�ayment or in a series af progress payments as the�ork i�compl�ted.Un�ess an a�greement is mad� in wr��€ng or Applicable Law requires�nteres�ta b�paid on�uc�.insuranGe proceeds,Lender shatl not be required to pay Borrower a��in�erest or earning�on such proc��ds.Fees for publi�adjus�ers,�r vther third parties, retained b�$or�-o�ver shall not be paid out of the insurance�roceeds and shall be the sale obl�gation af Borraw�r.If the restoration or repair is not�conomically feasibie or Lender's security w�u1d be lessened,#he insurance proceeds sha11 b�e applied to the sum�secured by this Securit��nstru�rnent, whether or not then due,with the excess,if any,�paid to Borro�ver. Such insuranc�pr��e�ds shall be applied in the order provided for in Sec�ian 2. If B�rr�wer abandons the Pr�perty,Lend�r may file,n�gatiat�and s��tle any a��i�abl�insuranc��Iaim and related ma�ters.�f Borrc�wer does n�t respand within 3�days to a natice from Lender that the insurance carrier has offered to settle a claim,th�n Lender may negfltiate and settle�he ciaim.Th�3Q-day periad wi�l begin�vhen the notice is gi�en.In either e�ent,or if Lender acquires the Property under Section 22 or at��rwise,Bonow�r her��ay assigns ta Lender(a)Borro�er's rights�Q any insurance proceeds i n an amaunt not to excee�i the amounts unpaid under�he Nate or�hi s Securit�Instrument,and ��an�o�her of$orrowe�r's rights�other than the righ�to�ny refund of unearn�d�remiums paid by FHA Deed of Trust 11Vifh MERS-NE 913Q12414 8ankers 5ystemsT�^ VMP 0 VMR4N{NE}(15�6}_44 Wofters KI€�wer Fir�anciak Service� Page 7 of 17 q�3371$zQ482 ��33 351 0717