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<br />Lender shall notify Bonower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make
<br />up the shortage in accordance with RE5PA, but in no more than 12 monthly payments. If there is a deficiency of
<br />Funds held in escrow, as defined under RE5PA, Lender shall notify Borrower as required by RESPA, and Borrower
<br />sha11 pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than
<br />12 monthly payinents.
<br />Upon payment in full of all sums secured by this Security Inst ent, Lender sha11 promptly refund to Bonower
<br />any Funds held by Lender. .
<br />4. Charges; Liens. Bonower shall pay all taxes, assessment , chazges, fines, and impositions attributable to
<br />the Property which can attain priority over this Security Instrum t, leasehold payments or ground rents on the
<br />Property, if any, and Community Association Dues, Fees, and Ass sments, if any. To the extent that these items
<br />aze Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />Borrower sha11 promptly dischatge any lien which has priority over this Security Instrument unless Borrower:
<br />(a) agrees in writing to the payment of the obligation se,cured by the lien in a manner accept�ble to Lender, but only
<br />so long as Bortower is perfornung 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 satisfactory 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 priority over this Security Instrutnent,
<br />Lender may give Bonower a notice identifying the lien. Within 10 days of the date on which that notice is given,
<br />Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4.
<br />Lender ma.y require Borrower to pay a one-time chazge for a real estate tax verification and/or reporting service
<br />used by Lender in connection with this Loan.
<br />5. Property Insurance. Sonvwer shall keep the improvements now existing or hereafter erected on the
<br />Property insured against loss by fire, hazards included within the tercn "extended coverage," and any other hazards
<br />including, but not limited to, earthquakes and floods, for which Lender requires insutance. This insurance shall be
<br />maintained in the amounts (including deductible 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 Borrower's choice, which right shall
<br />not be exercised unreasonably. Lendez may require Borrower to pay, in connection with this Loan, either: (a) a one-
<br />time charge for flood zone detez7nination, certification and tracking services; or (b) a one-time chazge for flood zone
<br />detertnination and certification services and subsequent charges each time remappings or similar changes occur which
<br />reasonably might affect such determination or certification. Bortower shall also be responsible for the payment of
<br />any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone
<br />deternlination resulting from an objection by Borrower.
<br />If Bonower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at
<br />Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount
<br />of coverage. There#ore, such coverage shall cover Lender, but might or might not proee�t Borrot�eP, �orr�iuer';
<br />equity in the Property, or the contents of the Property, against any risk, hazard or liability and might piovide greater
<br />or lesser coverage than was previously in effect. Bonower acknowledges that the cost of the insurance coverage so
<br />obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amownts disbursed
<br />by Lender under this Section 5 sha11 become additional debt of Borrower secured by this Security Instruznent. These
<br />amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest,
<br />upon notice from Lender to Borrower requesting payment.
<br />All insurance policies required by Lender and renewals of such poIicies shatl be subject to Lender's right to
<br />disapprove such policies, shall include a standazd mortgage clause, and shall name Lender as mortgagee and/or as an
<br />additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires,
<br />Bonower shall promptly give to Lender all receipts of paid premiwns and renewal notices. If Bonower obtains any
<br />forrn of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such
<br />policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss
<br />payee.
<br />In the event pf loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make
<br />proof of loss if not made promptIy by Borrower. Unless Lender and Boirower othenvise agree in writing, any
<br />insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration
<br />or repair of the Property, if the restoration or repair is economically feasible and Lender's 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 opporlunity to inspect such Property to ensure the work has been.completed to Lender's satisfaction,
<br />provided that such inspection sha11 be undertaken promptly. Lender may disburse proceeds for the repairs and
<br />restoration in a su�gle payment or in a series of progress payments as the work is completed. Unless an agreem�nt
<br />is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be
<br />required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties,
<br />retained, by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Bonower.
<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 seaured by this Security Instrument, 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 Bonrower abandons the Property, L,ender may file, negotiate and settle any available insurance claim and
<br />related matters. If Bonower does not respond within 30 days to a notice from Lender that the insurance carrier has
<br />offered to settle a claim, then Lender may negotiate and settle the claim. The 30-day period will begzn when the
<br />notice is given. In.either event, or if Lender acquires the Property under Section 22 or otherwise, Borrower hereby
<br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UN(FORM INSTRUMENT DodNagle�
<br />Form 3028 1/01 Pege 4 of 11 C. www.docmagic.com
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