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201200339
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Last modified
3/7/2012 11:22:45 AM
Creation date
1/12/2012 4:04:32 PM
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DEEDS
Inst Number
201200339
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201200339 <br /> to prevent the enforcement ofthe lien while thosc proceedings are pending but only until such proceedings <br /> are concluded;or(c)secures from the holder ofthe lien an agreementsatisfactory to l,cnder subordinating <br /> the lien to this SewriTy'lnstrumcn[. If Lender determincs that any part of the Property is subject to a lien <br /> which can attain prioriry over this Security Ins[rument, Lendcr may give Borrower a noticc identitying <br /> [he lien. Within 10 days of the date on which Iha[notice is given, Borrower shal I satisfy the lien or tal.e <br /> one or more of the actions set forch above in this Section 4. <br /> Lender may require Borrower to pay a one-time charge for a real estate tax vcrification andior reporting <br /> service�sed by Lender in connection with this Loan. <br /> 5. Property InsurdnCe. Borrower shall keep the improvements now existing un c�reafter erected on <br /> the Property insured against loss by fire,hazards included within the term "extended coverage,"and any <br /> otlur hazards including,but not limited to,earthquakes and floods,fur wfiich Lender requires insurance. <br /> This insurance shall Ue maintaincd in the amounts(including deducti6le levels)and for the periods that <br /> Lender requires. Whai Lender requires pursuant to the preceding sentences can change during the Term <br /> of thc Loan.The insurance carrier providing the insurance shall be chosen by Borrower su6ject to Lender's <br /> right lo disapprove Borrower's choice, which right shall not be esercised unreasonably. Lender may <br /> requirc Borrower to pay, in connection with this Loan, either: (a)a ono-lime charge f'or flood zonc <br /> determinatioq certitication and tracking services;or(b)a one-time charge for f7ood zone determination <br /> and ceMification scrvices and subseyucnt charges elch timc remappings or similar changcs occur which <br /> rcxsonably might affect such determination or certitication.Borrower shall also be responsible for the <br /> payment of any fees imposed by the Federal Hmergency Management Agency in connection with U�e <br /> review of any Ilood zone determination resulting from an objection by Borrower. <br /> If Bon ower fails to maintain any ofthe covcrages described abovc,Lender inay obtain insurxnce coverage, <br /> at Lender's option and Borrower's expense.Lcnder is under no obligation to purchase any particular type <br /> or amount of coverage.Thereforc, such coverage shall cover Lender, but might or might not protect <br /> Borrower, Borrower's equity in thc Property, or the cun[ents of the Property, against any risk, hazard or <br /> liability and might provide greater or Icsser coverage than was previously in effect.Rorcower ackno�vledges <br /> that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that <br /> Borrower could have obtained.Any amounts disbursed by Lender under Ihis Section 5 shall becumc <br /> additional debt of Borrower secured by this Secoritp Inslrument.These amoonts shall bear interest at[he <br /> Note rate from the date of disbursementand shall be payable,with such interest,upon nolice from Lender <br /> to Borrower requesting payment. <br /> All insurance policies required by Lender and renewxls of such policies shall be subject to Lender's right <br /> to disapprove such policies,shall include a standard mnrtgage clause,and shall namc Lender as mongagec <br /> and/or as an additional loss payee.Lender shall have the right lo hold the policies and rencwal certiticates. <br /> If Lender mquires, Borro�ver shall promptly givc to Lender all receipls of paid premiums and renewal <br /> notices. �f Borrower obtai�is any fornt of insurance coverage, uot otherwise required by Lender, for <br /> damage to,or desU uction of,the Property, such policy shall include a standard morlgage clause and shal l <br /> name Lender as mortgagee and/or as an additional loss paycc. <br /> In [he cvent of loss, Borrower shall give prompt notice to the insurance can ier and Lender. Lender may <br /> make proof of loss if not madc promptly by Borrower. Unless Lender and Borrower otherwise agree in <br /> writing,any insurance proceeds, whether or not the undcrlying insurance was rcyuired by Lender,shdll <br /> 195Bfi6I5]9 <br /> NEBRASl:%w-SnBle Pamily-Fanme MaelFredtlie Mac UNIPORM INSTRUMENT ��� form 3a28 L01 <br /> VMPQn <br /> nsrm <br /> WoAersWuwerFnanual5erviws 201112t540o0400bJ20110208V In@iti1als �� Pege6MV <br /> IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII��II�IIII���IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII <br />
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