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�0120765� services and subsequent charges each tima remappings or similar changes occur which reasonably might affect such determination or certific�tion. Borrower shall also be responsi'ble far the payment of any fees imposed by the Federal Emergency Maaagement Agency in coimection with the review of any flood wne determination resulting from an objection by Borrow�. ff Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender' s option and Borrower' s exgense. Lender is under no obligation to purchase any particular type or a�unt of coverage. The�efore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower' s equity in the Property, or the c�ntents of the Properiy, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acl�owl�ges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtainai. Any amounts disbursed by Lender under tlus Section 5 shatl be�ome additional debt of Borrower se�ured by this Security Inslr�unent. These amounts shall bear interest at the Note rate &om the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower re�uesting payment. All insurance policies required by I.ender mid renewals of such policies sha11 ba subje�t to Lendar's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgaga and/or as an additionalloss payee. Lender sha11 have the right to hold the policies and renewal certificates. �f Lender requires, Banower sha11 promptly giva to Lender all reieipts of paid premiwms and renewal notices. If Borrowar obtains any form of insurance cov�age, not othervvise required by Lender, for damage to, or destruction of, the Properiy, such policy aha11 include a standard mortgaga clause and shall name I,ender as mortgag� and/or as an additional loss payee. In the event of loss, Borrower shall giva prompt notice to �he insurance c�rrier and Lender. Lander may make proof of loss if not made promptly by Borrowe�. Unless Lender and Borrower othervvise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender' s security is not lessened During such repair and restoration period, Lender ahall have the right to hold such ins�rance proceeds until Lender has had an opportimity to inspect such Proparty to ensure tha work has been complete,d to Lender' s satisfaclaon, provid� that such inspection shatl be undertaken promptly. Lender may disburse proceeds for the repairs and re4toration in a single payment or in a series of progress payments as tha work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be r�e� to pay Hoirower any interest ar earnings on such proceeds. Fees for public adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration ar repair is not economically feasible or Lender' s security would be l�ed, tha insurance proc�eds shall be applied to the sums secured by this Sacurity Tnstrument, whether or not then due, with the excess, if any, paid to Boaower. Such insurance pra�eds shail be applied in the order provided for in Section 2. If Borrower abandons the Property, Lender may file, negotiate and settle any available insiu�ance claim and related matters. If Borrower does not respond within 30 days to a notice from Lender that the insurance carrier has offered to settla a claim, then Lender may negotiate and settle tha claim. Tha 30-day period will begin when the notice is given. In either event, or if Lender acquires the Progeriy under Seciaon 22 or othervvise, Bonower hereby assigns to Lender (a) Borrower' s righta to any insurance proce�s in an amount not to exceed the amounts unpaid under the Note or this Security Inslrument, and (b) any other of Boaower' s rights (other than the right to any refimd of un�rned premiums paid by Borrower) under all insurance policies covering tbe Properiy, insofar as such rights are applicable to the coverage of the Properiy. Lender may use the insurance proceeds either to repair or restore the Property or to pay amounts unpaid under the Note or this Se�urity Instrument, whether or not then due. y2pp3pp�33 D VBANE NEBRFSKASh�gle FemOy-Fannb Mae/Fredd� Mac UNIFOHM INSTRUMENT WffH MERS Form 3038 1/01 yMp �� VMPBA�NE) (1106) Woltus Kluw� Flnmrotel Services Page 7 of 17 �