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2012033��
<br />shortage in accordance with RESPA, but in no more than 12 monthly payments. If there is a deficiency of Funds held in
<br />escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA, and Boaower shall pay to Lender
<br />the amount necessary to make up the deficiency in accordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Insirument, Lender sha11 promptly refund to Borrower any
<br />Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, chazges, fines, and impositions attributable to the
<br />Property which can attain priority over this Security Instrument, leasehold payments or ground rents on the Property, if
<br />any, and Community Associarion Dues, Fees, and Assessments, if any. To the extent that these items aze Escrow Items,
<br />Bonower shall pay them in the manner provided in Section 3.
<br />Bonower shall promptly dischazge any lien which has priority over this Security Instrument unless Borrower:
<br />(a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so
<br />long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of
<br />the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while those
<br />proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an
<br />agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of
<br />the Property is subject to a lien wluch can attain priority over this Security Instrument, Lender may give Borrower a
<br />notice identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take
<br />one or more of the acrions set forth above in tlus Section 4.
<br />Lender may require Bonower to pay a one-time charge for a real estate tax verificarion and/or reporting service used
<br />by Lender in connection with this Loan.
<br />5. Property Insurance. Borrower shall keep the improvements now eacisting or hereafter erected on the Property
<br />insured against loss by fire, hazazds included within the term "extended coverage," and any other haaards including, but
<br />not limited to, earthqualces and floods, for which Lender requires +nc�*gnce. This insurance shall be maintained in the
<br />amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the
<br />preceding sentences can change during the term of the Loan. The insuraace carrier providing the insurance sha11 be
<br />chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised
<br />unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood
<br />zone deternrinarion, certification and tcacldng services; or (b) a one-time charge for flood zone determination and
<br />certification services and subsequent charges each time remappings or similar changes occur which reasonably might
<br />affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the
<br />Federal Emergency Management Agency in connection with the review of any flood zone deternrination resulting from
<br />an objecrion by Bonower.
<br />If Borrovuer 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 of
<br />coverage. Therefore, such coverage sha11 cover Lender, but might or might not protect Borrower, Borrower's equity in
<br />the Property, or the contents of the Property, against any risk, hazard or liability and might provide grea.ter or lesser
<br />coverage than was previously in effect. Borrower aclmowledges that the cost ofthe insurance coverage so obtained might
<br />significantly exceed the cost of �n� that Borrower could have obtained. Any amounts disbursed by Lender under
<br />this Secrion 5 sha11 become additional debt of Borrower secured by this Security Instrument. These amounts shall bear
<br />interest at the Note rate from the date of disbursemettt and shall be payable, with such interest, upon notice from Lender
<br />to Borrower requesting payment.
<br />All insurance policies required by Lender and renewals of such policies sha11 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 />addirional loss payee. Lender shall have the right to hold the policies and renewal certifica.tes. If Lender requires,
<br />Borrower shall promptly give to Lender a11 receipts ofpaid premiums and renewal notices. If Borrower obtains any form
<br />of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Properiy, such policy shall
<br />include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee.
<br />In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof
<br />of loss if not made promptly by Borrower. Unless Lender and Borcower otherwise agree in writing, any insurance
<br />NEBRASKA -Single Famfly-Fannle Mae/Freddle Mac UNIFORM INSTRUMENT wlth MERSForm 30Z8 1/01
<br />Page 5 of 13 ,p
<br />ias, inc. Borrower(s) IniUal��� �s5 Y�..
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