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2� 17� 1 �� 1 reasonab��rx�rght affe�t such deteY-r��nat�on ar cert�fca��on. Borro�er sha��a�sa be respons�b�e f�r t�.� payment of any fees imposed by the Federa�Emergenc�1V�anagement A�ency in connection�v�th the review of any flaad zone determinati�n resulting fram an abj��tion by B�rr�wer. If Borrower fails to main�tain any of the cavera.ges described abo�e,Lender may obtain insurance cov�rage, af Lender's op�xon and Borrower's expense. Lender is under no abligation to�urchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender,but mi�ht or might not protect$orrower, Borro�rer's equity in th�Property,or the eontents af the Property, against any risk,hazard or liability and might provide greater or Iesser coverage�han�as previaus�y in effeGt. Bor�ro�er aeknaw�edges t�at�he�ast af t�.e�ns�r�n�e c�v�rage sa abta�r�ed m�gh#sign�f�cant��r exceed�he co�t of insurance that Borrower cauld have ob�a.ined. Any amounts disbursed by Lender under this Section S shall become additional debt of Borrov�er se+cured b�this Security Instrument. These amoun�s sha�t bear interest at the Nate rate from the date af dr�bursement and sha��be payab�e, tivith such interes�, upo�notiGe from Lender to Borr�wer requestxng paym�nt, All insurance p�li�ies re�uir�d b�r L�nder and renewals of such policies shall b�subject to Lender's right to disapprove such policies, s�all include a standard martgage clause,and sha11 name Lend�r as mortgagee andlar as an additional lass payee. Lender�hall ha�e the right to hold the po�icies and renewal certif cates. If Lender req�.rres, Borr��er shal�pr�mpt��g��e t�Len.der a��rece��ts of�aa��pr�m�ums and renewal n�tices. if�orrower abtains any form of insurance coverage,nat o�her�vise required by Lender, far damag�to,or destruction of,the Property, such poli�y sha11 in�lu�l�a standard rxiortgage clause a�nd shatl name Lender as martgagee and�ar as an addrtional �o�s payee. In�he event of ioss,Bonower shall give prompt notice ta the i�sura�n�e carrier and Ler�der. Lender may make�r�vf flf lass if not made�rom�tly b�Borrower. Unless Lende�and Barrower otherw�se agree in writing,any insuran�e proceeds,�hether or not the underlying insurance was required�y Lender, shall be applied to restoration or repair of the Property, if the restorati�n or repair is economica�iy feasibie and Len�.er's securYty�s not�essened. During such�epa�-a�d r�s�orat�on per��d, Le�.der s�.all ha��th�righ� to hald such insurance proceeds unti�Lender has had an opportunity to inspect�uch Proper�y to ensure the work has been comp�eted to Lender's satisfaction,prov�ded that sueh inspection sha11 be undertaken promptly, Lender may d�sburse prac�eds for the repairs and restoration in a single pa�ment or in a serres of progress payrnents as the work is completed.Unless an agreement is made in writing or Applicable �,avW requires interest to be paid on such insurance praceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for pub�ic adjusters,or other third parties, reta��ed by�arro�ver sh��l not b�paid out of the insurance pracee�s and sha11 be the sole abligation of Borrawer. �f the restoration or repair is not economically feasible or Le�der's security tiv�uld be lessened,the insurance proc�eds�ha11 be applied to the�um�secured by tbis Security Instrument, whether ar nat then due, wrth the excess, if any,paxd to Borro�er. Suc��r�sura�.ce proceeds sha��be app�ied in the order provided for in Section 2, � If Borrower aba�dans the Property,Lender may f�le,negotiat�and settle any available insurance c�aim and rel�ted rnatt�rs. If B��rower does not res�ond within 3�da�s to a notice from Lender that the �nsurance carrier has offered tio set�Ie a clai.m,�hen Lender may negotiate and sett�e the C�a�m. The 3�-day per�od�il�begin�hen the notice is�iuen. In either event,or if Lender ac�uires the Propert�under Section 22 or otherwise,Bonower hereby assigns to Lend�r(a}Borrower's rights to any insurance pro�eeds in an amount not to exG��d the a�no�t�ts u��a�id unde�the No�e or this Security Instrumen�, and (b}an��th�r a�'Barro��r's r�ght�(other�han the r�gh�tv any refund af une�rned�remiums paid by FHA Deed of Trust With MERS-NE 9I3n12�14 Bankers 5ystemsT+4+ VMP C�7 VMP4N(NE}(15D6}.4U Wolters Kluwer Financiai 5ervices Pag�7 af 1? q�3367�J6��83 ��33 5�8 �717