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<br />Lender shall notify Borrower as required by RESPA, and Bonower shall pay to Lender the amount necessary to make
<br />up the shortage in accordance with RESPA, but in no more than 12 monthly payments. If there is a deficiency of
<br />Funds held itt escrow, es defined under RESPA, L.ender shall notify Borrower as required by RESPA, and Bonower
<br />shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than
<br />12 monthly payments.
<br />Upon payment in full of all sums secured by ttris Secwity Instrument, Lender shall promptly refund to Bonower
<br />any Funds held by Lender.
<br />4. Charges; Liena Borrower stiall pay all taxes, assessments, charges, fines, and imposidons attributable to
<br />the Prbperty wlrich can attain priority over this Security Instrument, leasehold payments or ground rents on the
<br />Property, if any, and Community Associadon Dues, Fees, and Assessments, if any. To the e�ctent that these items
<br />are Fscrow Items, Borrower shall pay them in the manner provided in Secdon 3.
<br />Bonower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower:
<br />(a) agrees in writing to the payment of the obligadon secured by the lien in a manner acceptable to Lender, but only
<br />so long as Borrower is perfomvng such agreement; (b) contests the lien in good faith by, or defends against
<br />enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien
<br />while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder
<br />of the lien an agreement sadsfactory to Lender subordinating the lien to this Security Instrument. If Lender
<br />determines that any part of the Property is subject to a lien which can attain prioriry over this Security Instrument,
<br />Lender may give Horrower a notice identifying the lien. Within 10 days of the date on wirich ihat notice is given,
<br />Borrower shall satisfy the lien or take one or more of the actions set forth above in khis Section 4.
<br />Lender may require Bonower to pay a one-time charge for a real estate tax verification and/or reporting service
<br />used by Lender in connecdon with this Loan.
<br />5. Property Insurance. Borrower shall keep the improvements now e�cisting or hereafter erected on ffie
<br />Property insured against loss by fire, hazards included within the term "extended coverage," and any other ha7ards
<br />including, but not limited to, esrthqualces and floods, for which Lender requires insurance. Tlus insurance shall be
<br />maintained in the amounts (including deducdble levels) and for the periods that Lender requires. What Lender
<br />requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier providing
<br />the insurance shall be chosen by Borrower subject to Lender's right to disapprove Bonower' s choice, which right shall
<br />not be exercised unreasonably. Lender may require Bonowet to pay, in connection with tivs Loan, either: (a) a one-
<br />time charge for flood zone determinarion, certification and tracking services; or (b) a one-time charge for flood zone
<br />determinadon and certification services and subsequent charges each time remappings or sunilar changes occur which
<br />reasonably might affect such determination ar cettification. Bonower shall also be responsible for the payment of
<br />any fees imposed by the Federal Emergency Management Agency in connecdon with the review of any flood zone
<br />detExmination resulting from an objection by Bonower.
<br />If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at
<br />Lender's opdon and Bonower's expense. Lender is under no obligadon to purchase any particular type or amount
<br />of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Bottower, Borrower's
<br />equity in the Property, or the contents of the Properiy, against any risk, hazard or liabiliry and might provide greater
<br />or lesver coverage than was previously in effect. Bonower acknowledges that the cost of the insurance coverage so
<br />obtained might significandy exceed the cost of i�m��+�ce that Borrower could have obtained My amounts disbursed
<br />by Lender under ttas Section 5 shall become additional debt of Borrower secured by this Security Instrument. Th�e
<br />amounts shall beaz interest at the Note rate &om the date of disbursement and skiall be payable, with such interest,
<br />upon notice from Lender to Bonower requesdng paymenk
<br />All insurance policies required by Lender and renewals of such policies skiall be subject to Lender's right to
<br />disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an
<br />addidonal loss payce. Lender shall have the right to hold the policies and renewal certificates. If Lender requires,
<br />Borrower shall promptly give to Lender all receipts of paid premiwns and renewal notices. If Borrower obtains any
<br />form of insurance coverage, not otherwise required by Lender, for damage to, or desh�ucdon of, the Property, such
<br />policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an addidonal loss
<br />payee.
<br />In the event of loss, Bonower shall give prompt nodce to the insurance carriec and Lender. Lender may make
<br />proof of loss if not made prompdy by Bottower. Unless Lender and Borrower otherwise agree in wridng, any
<br />inaurance proceeds, whether or not the underlying insurance was required by Lendet, shall be applied to restoration
<br />or repair of the Property, if khe r�storation or repair is economically feasible and Lender' a security is not lessened.
<br />During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lender
<br />has had an opportuaity to iaspect such Property to ensure the work has been completed to Lender's sadsfaction,
<br />provided that such inspection shall be undertaken prompdy. Lender may disburse proceeds far the repairs and
<br />restoration in a single paytnent or in a series of progress payments as the work is completed Unless an agreement
<br />is made in wridng or Applicable Law requires interest to be paid on such insurance proceeds, Lender shell ttot be
<br />required to pay Bonower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties,
<br />retained by Horrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Horrower.
<br />If the restoration or repair is not economically feasible or Lender's security would be lessened, the insurance proceeds
<br />shall be applied to the sums secured by this Securiry Insdument, whether or not then due, with the excess, if any, paid
<br />to Bonower. Such insurance proceeds shall be applied in the order provided for in Section 2.
<br />If Borrower abandons the Properry, Lender may file, negodate and settle any available insurance claim and
<br />related matters. If Borrower dces not respond within 30 days to a norice from Lender that the insurance carrier hes
<br />offered to settle a claitn, then Lender may negotiate and settle the claim. The 30-day period will begin when the
<br />notice is given. In either event, or if Lender acquires the Properiy under Section 22 or otherwise, Bonower hereby
<br />NEBRASKA-Single Femily-Fennia Mae/Freddle Mac UNIFORM IN3TRUMBJT �ag/�� �-
<br />Fortn 3028 1/01 Paga 4 oi 11 www.d�nagk.aom
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