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201201354 services and subsequent charges encl� tiine remeppings or similar changes occur which reasoc�ably mighl effcct such dctermination or ccrtification. Borrower shall also be responsib[e for Che payment of any fees imposed by the Federal Emergency Management Agency in eonnection with the review of a�ry flood zone determinatioo resulting from an objectio�by Borrower. Tf Borrower fails to maintain any of the coverages deseribed above, Lendex may obtain insurance coverage, at Lender's option a�id Borrower's expense. Lende�is uuder no obligation to purcliase any particulaa�type or ttmuunt of coverage. Thercfore, such coveragc shall cover Lender, but might or mighC i�ot protect Borrower, Borrower's cquity in tl�c Propcety, or tlic contents of the Properry, against any risk, haza.rd or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledgcs that the cost of the insurance coverage so obtained might signifieantly exceed the cos[ol'insi¢ai�cc that Borrower could have obtained. Atry amoun[s disbursed by Lender under this Scction 5 shall 6ccomc additional debt of Borrower secuced by this SecuriTy Insh-ument Thcsc unounts shall bear inYeresC a[fhe Note rate from the dttte of disburscnrent and shall bc payablc, with such interesf, upon noCiee from Lender to Borrower requcsting payment. A11 insurance policies required by Lcndcr and rencwals of such policie,s shall be subject to Lender's right[o disapprovc such policics, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an additional lass payee. Lender shall have the riglit to hold the policies and rencwal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts oY'paid prc�niums and reaiewal notices. If Borrower obtains any form of incnrance coverngc, not otherwise required by Lender, for damage [o, or dest'ruction oi; tlie Property, such policy shal] include a scandard mortgage clause and shall name Lcndcr as mortgagcc and/or as an additional loss payee. In thc cvc,-�it of loss, Borrowcr sliall givc prompt notice to the insurance carrier and Lender. Lendcr mny make proof of loss if noC roade promptly by Borrower. Unless Lender nnd Borrowcr othcitivise agree in writing, any insurance proceeds, whether or not the underlying insurance was rcquircd by Lender, ehall be applied to restoration or xepair of the Property, if t�he restoration or repair is economically feasible and Lender's securi[y is not lessened. Dm�ing such repaic a�id restoration period, I,ender shall Yiave the right to hold Such insurnuce proceeds mitil Lcndcr has had an opportunity fo inspeet such Property to ensure the work has bcen completed to Lender's satisfaction, provided tliat sueh inspection shall be undertaken prompUy. Lender may disburse proceeds for t6e repairs ac�d restorution in a sioglc paymcnt or in a series oF progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be pnid on such insnranee pioceeds, Lender shall not Ue required Co pay Bon�ower e�ry intcresl or camings on such procccds. Fces for puUlic adjusters, or other third parties, relnined by Borrowcr shall not be paid out of the insurance proceeds and shall be the sole obfiga[ion of Bon�owcr. If the restm�ation or repair is not economically feasible or Lender's security would be lesse�cd, thc insurance proceeds ehall be applied Co Che sums secured by this Secutity]nstrument, whefhcr or not thcn duq with fhe excess, if any, paid to Borrower. Such insurance proceecls sha(I be applied in the order provided For in Section 2, Tf Borrower abaodons the Property, Lender may lile, negolialc and sctllc any availahle insurance claim and related matters. If Borcower does not respoi�d within 30 days to a notice from iznder that the insurance carrier has offered to se[tle a clairo, thcn Lcndcr may��cgotiate aud settle the cJaim, The 30-day period will begin whcn the notice is given. In either event, or if Lender acquires the Property under Scction 22 or othcrwis� Bon�ower here6y assigns to Lender(a)Roreower's rights to any insurance procccds in an amount not to exceed the amounts unpaid under the Note or this Securiry)nbtrument, and(b) any other of Borrowe�'s rights (other than Che right to any refimd oL uneanied p�emiums paid by Borrower)under all insurance policies covering tbe Proper[y, ii�sofae as sucli rights are applicable to tlie coverage of the Property. Lender may use the insurance proceeds eithe��to repair or resCOre the Properry ox to pay uno�nts unpaid under thc Notc ar this Security[nstrument, whefher or not then due. 8801a5182H 8801151829 NEBRASKA-Single Family-Fannle MaelFretldle Mac UNIFOHM INSTRUMENT WRH MERS Po�m 3028 1101 VMP� VMPSA(NF)(1105) Wolters Kluwer Financlal Sarvlcas Fege%of 1] \ \\! V \ ) d j 0