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201207868 services and subsequent charges each time remappings or similar changes occur which reasonably might afFect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with Che review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain ins�rance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to puechase any particular rype or amo�nt of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the Property, or the contents of fhe Property, against any risk, harard or liabiliry and might provide greater or lesser wverage than was previously in effect. Borrower acknowledges that the cost - of the insurance coveeage so obtained might significantly exceed the cost of insura�ice thaY Borzower could havz obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Secuxiry Instrument. These amonnts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. A11 insurance policies tequired by Leuder and renewals of such policies shall be subjecf to Lender's right to disapprove such policies, shall include a sCandard mortgage clause, and shall��ame Lender as mortgagee and/or as an additional loss payee. Lender shall have the righY Co hold the policies and renewal certifica[es. If Le�der requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. if Sorrower obtains any form of insurance covcrage, not otherwise requireA by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mo�tgage clause and shall name Lender as mortgagee and/or as an additional loss payee. In[he event of loss, Borrower shal]give promp[notice to the insuranee carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or nof the underlying insurance was required 6y Lender, shall be applied to restoration or repair of the Properry, if the restoration or repair is economically feasi6le and Lender's security is not lessened. During such repair and restoratio�period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Properry to ensure the work hu been completed to Lender's satisfaaion, provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a serins of progress payments as the work is completed. Unfess an agreement is made in writing or Applicable Law requires interest to be paid o�such insurance proceeds, Lcnder shal]not be required to pay Borrower any inferest or earnings on such proceeds. Fees for public adjusters, or other third pazties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Leuder's securiry would be lessened, the insurance proceeds shall be applied to the sums secured by this Sewriry instrument, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applied in the order provided for in Section 2. If Borrower abatidons the Properry, Lender may file, negotiate and seUle any available insurance claim and related matters. lf Borrower does not respond within 30 days to a no[ice from Lender that[he insura�ice carrier has offered[o settle a claim, then Lender may negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, or iF Lender acquires the Property under Section 22 or otherwise, Borrower hereby assigns to Le�der(a)Borrower's rights to any insurance proceeds in an amount noC to exceed the amounts unpaid under tlie Vote or this Securiry Instrument, and(b)any o[her of Borrower's rights (ofher than the righf to any refund of unearned premiums paid by Borrower) under all insurance policies covering the Properry, insofar as such rights are applicable to the coverage of the Property. Lender may use the insnrance proceeds either to repair or restore the Properry or to pay aznounts unpaid under the Note or this Securiry Instrument, whether or not then due. 8801288083 8601288083 NEBRASKA-SingleFamily-Fannie MaeiFretldleMac IINIFORM INSTRUMENT WITH MERS Form 3026�I01 VMP Q VMP6A(NEj(1105) W olters Kluw er Flnannal 5ervlces Page]ot 1]