|
20120492�
<br />required by RESPA, and Bonower shall pay to Lender the amount necessary to make up the deficiency in
<br />accordance with RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instnunent, Lender shall promptly refund to
<br />Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to
<br />the Property which can attain priority over tYus Security Instrument, leasehold payments or ground rents on
<br />the Property, if any, and Community Associarion Dues, Fe,es, and Assessments, if any. To the extent that
<br />these items are Fscrow Items, Bonower shall pay them in the manner provided in Section 3.
<br />Borrower sha11 promptly discharge any lien which has priority over this Security Iustrument unless
<br />Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable
<br />to Lender, but only so long as Borrower is performing such agreement; (b) contests ttie lien in good faith by,
<br />or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent
<br />the enforcement of the lien while those proceedings are pending, but only until such proceedings are
<br />couclud�; or (c) s�ures from the holder of the Iien an agreement satisfactory ta I.eIIder subordinating the
<br />lien to this Secttrity Instrument. If Lender determines that any part of the Property is subject to a lien which
<br />can attain griority over this Security Instrument, Lender may give Borrower a norice identif�ing the lien.
<br />Within 10 days of the date on which that notic� is given, Borrower sball satisfy the lien or take one or more
<br />of the actions set forth above in this Section 4.
<br />�,ender may require Borrower to pay a one-time charge for a real estate tax verificatioa and/or reporting
<br />service used by Lender iII conn�tion with this Loan.
<br />5. Property Insurance. �orrower shall keep the improvements now elcistiag or hereafter erected on the
<br />Property insured against Toss by fire, hazards included within the term. "extended cQVerage," anci any other
<br />hazards includiug, but not limited to, earthquakes and fl�s, for which I.ender reg,uires 1t►s►,rance. This
<br />insusa;nee shall be maintained in the amounts (includisig deductible Ievels) and for the peri�s that LeIICFer
<br />requires. �Vhat Lender rec}uires pursuant to the precedin,g sentences eau change duriug the term of the Loan.
<br />The insurance catrier providing the �n�,*a*+ce sha11 be chosen by Borrower subject to Lender's right to
<br />disapprove Borrower's choice, which right shall not be exercised unreasonably. Le�der may require
<br />Borrower to pay, in caunecrion with tFus Loan, either: (a} a one-time chazge for Sood zone determination,
<br />certiftc�tion anct tracking services; or (b) a one-time charge for IIood zc�ne determinarion and certificarion
<br />services an� subsequent charges each time remappings or similar changes occur which reasonably might
<br />affect such determinarion or certification. Borrower shall also be responsible for the payment of any fees
<br />imposed by the Federal Emergency Management Agency in connectioa with the review of uiy flood zone
<br />determinatian res�ilting from an obje,ction by Bonower.
<br />If Bonower fails to maintain any of the coverages described above, Lender may obtain �nc„rance coverage,
<br />at Lender's oprion and Bonower's expense. Lender is under no obligation to purchase any particular type or
<br />amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower,
<br />Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and
<br />might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost
<br />of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could
<br />ha.ve obtained. Any amounts disbursed by Lender under this Secrion 5 shall bec:ome additional debt of
<br />Bonower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the
<br />date of disbursement and shall be payable, with such interest, upon norice from Lender to Bonower
<br />requesting payment.
<br />NEBRASKA-Single Famfly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />VMP Q
<br />Wolters Kluwer Financial Services
<br />Form 3028 1 /01
<br />VMP6INE) (1705)
<br />Page 6 of 77
<br />�
<br />�'^ , , „'+ . ,
<br />
|