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201207846 services and subsequent chuges each time remappings or similar changes occur which reasonably might affect such determination or ceRi£cation. Borcower shall also be responsible for the payment of any fees imposed 6y the Federal Emergency Management Agency ln connecfion with the review of auy flood zone determination resulting From an obJection by Borcower. If Borrower fails to maintain any of the coverages described a6ove, Lender may obtain insurance coverage, a[ Lender's opflon and Borrower's expense. Lender is under no obligation to purchase any partiwlar type or amount of coverage. Therefore, such coverage shall cover Lender, but might or mighl not protect Borcower, Borrower's equity in the Properry, or the cantents of ihe Property, against any risk, hazard or liability and might provide grea[er or lesser coverage than was previously in effecL Borrower acknowledges that the cost of the insurance coverage so obtained might significanfly exceed We cost of insurance that Borrower could have obtained. Any amoants disbursed by Lender under Wis Section 5 shall become add3tional debt of Borrower secured by this Security Instrument These amounts shall bear inlerest at the Note rate from the date of disbursement and shall be payable, witti such interest, upon notice from Lender to Borrower requesting payment. All insurance policies required by Lender and renewals oF such policies shall be subject to Leuder's righ[ to disapprove such policies, shall include a standard mor[gage clause, and shall name Lender as morlgagee and/or as an addiflonal loss payee. Lender shall have the right to hold the policies and renewa] certificales. If Lender requires, Borrower shall prompdy give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not olherwise required by Lender, for damage to, or destrucHon of, the Property, such policy shall indade a standard morlgage clause and shall name Leuder as mortgagee and/or as an addidonal ]oss payee. In the event of loss, Borrower shall give pmmp[ no�ce to the insurance carrier and Lender. Lender may make proof of loss if no[ made prompfly by Borrower. Unless Lender and Borrower otherwlse agree in writing, azry insurance proceeds, whether or not the underlying insurance was tequired by Lender, shall be applied to restoration or repair of the Property, if t}�e restoration or repair is economically feasi6le and Lender's security is not lessened. During such repair and restora[lon period, Lender shall have the right ro hold such insurance proceeds until Lender has had an oppor[unity to inspect such Property to ensure the work has been completed to Leuder's satisfacuon, provided ihat such inspecflon shall be undertaken prompUy. Lender may disbarse proceeds for the repairs and restoraHon in a single payment or in a series of progress payments as the work is completed. Unless an a�eement is made in wdflng or Applica6le Law requires interes[ [o be paid on such insurance proceeds, Lender shall not he required to pay Borrower any interes[ or earnings on such proceeds. Fees for public adjusters, or other thlyd parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation oF Borrower. If the resroration or repair is not economically feasi6le or Lender's security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrurnent, whether or not then due, with ihe excess, if any, paid ro Borrower. Such insurance proceeds sha116e applied in the order provided for in Section 2. If Borrower abandons fhe Property, Lender may£le, negotia[e and setHe any available insurance claim and related matters. If Borrower does not respond within 30 days to a notice From Lender that the lnsurarice carrier has offered to settle a claim, then Lender may nego�iate and setfle the claim. The 30-day period will begin when the noHce is given. In either event, or if Lender acquires the Property uuder Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower's rights to any insurance proceeds in an amount no[ [o exceed.the amounts unpaid under the Note or this Security Instrument, and (b) any other of Borrower's dghts (other than the right to any refund of unearned premiums pald by Borrower) uuder all instirance policies covering [he Property, insofar as such rights are applicable [o [he coverage of Ihe Property. Lender may use the insurance proceeds either ro repalr or res[ore the Property or to pay amounts unpaid under the Note or this Securlly Instrument, whether or not then due. 00'I'123198769 NEBRASKA-Single Famlly-Fanrde Mae/Fretltlie Ma�UNIFORM INSTRUMENT WRH MERS �baN�3.2.69.92 V] VMP� Form 30281/Ol Wd[are Kluwm ii��IelServices VMP6A(PIE)(1905).00 Page 7 of l7