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<br />Lender to make such a charge. Unless an agreement is mada in writu►g or Applicabla Law requaes interest to be
<br />paid on the Funds, Lender shall not be required to pay Boirower any interest ar eammgs on the Fimds. Borrower
<br />and Lender cxn agree in writing, however, that interest shall bap�d on tha Funds. Lender shall give to Borrower,
<br />without charge, an annual accounting of the Funds es required by RESPA.
<br />Ifthere is a surplus of Funds held in ascrow, as definedunder RFSPA, Lender shall account to Borrower
<br />for the excess funds in accordence with RESPA. Tfthere is a sho�age of Fimds held in escrow, as de5nedunder
<br />RESPA., Lender shall notify Boirower as required by RFSPA, and Soaower shall pay to Lender the amount
<br />necessary to make up the shortage ia accordance wrth RESPA, but in no more the►►12 momhly payments. If there
<br />is a deficiency of Fimds held m escrow, as defined under RESPA, Lender shall notify Borrower as required by
<br />RESPA, and Boaower shall pay to Lender die amonnt necessary to maka up the deficiency in accordance w�th
<br />RESPA, but in no more than 12 monthly gayrrtents. '
<br />Upon payment in fiill of all swns secured by this Security Inshwnent Lender shail prompfly refund to
<br />Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, 5nes, and impositions
<br />attnbutable to tha Property which can attain priority over this Security Instrumetrt, leaseholdpayments or ground
<br />rents on the Property, if any, and Community Assoc�ation Dues, Fees, andAssassments, if any. To the extent that
<br />these items aze Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />Boaower shall prompdy dischazge auy uen which has prior►ty over this Secuiity Instivment unless
<br />Borrower: (a) agrees in wnhng to the payment of the obligation secured by the lien in a manner acce�tab]e to
<br />Lender, but only so long as Boaowar �s performing such agreemen� (b) contests tba lien in good farth by, or
<br />defends against enforcemant oftlie lien in, legal proceedings which in Lender's opinion operate to prevent the
<br />enforcement of the lien while those proceed"mgs are pend'n�g, but only until such �roceedings are concluded; or
<br />(c) secures from the holder of the lien an agreement satisfactory to Lender subordmating the I�en W this Security
<br />Inshvment If Lender determines that any part of the Properiy is subject to a lien which can attain priority over
<br />this Security Inshument, Lendar may give Borrower a not�ce identifying the lien. Within 10 days of the date on
<br />which that nofice is given, Boaower shall satisfy the lien or take one or more ofthe actions set forth above m this
<br />Section 4. •
<br />Lender may rec�uire Borzower to pay a one-time chazge for a real esCUte tax verification and/or regorting
<br />service used by Lender m connecdon with this Loan.
<br />5. Property Insuraace. Borrower shall keep thamm' provements now existing or hereafter erected � tha
<br />Property against loss by fira, hazards included within the term "extended coverage." and any other
<br />hezards mcluding, but not limrted to, earthquakes and floods, for which Lender requires uisurance. This
<br />insurance shall be mait►tained in the amounts (includ'mg daducttble levels) and for the periods that Lender
<br />reqoires. What I.ender requires pursuant to the preceding sentences can cliange during the term ofthe I.oan. The
<br />insurance carrier providing the msivance shall be chosen by Borrower sub'ect W Lender's right to disapprove
<br />Borrower's choice, which nght shall not be axercised ucrceasonably. Len�er may require Borrower to pay, in
<br />connecrion with this Loan, either: {a} a one-time charge for flood zone determination, certification and tracicing
<br />services; or (b) a one-time cherge for flood zone determination and cartification services and subsequent char�es
<br />each time remappings or s'vnilaz changas occ�which reasonably might affect such determination or certification.
<br />Borrower shall also be respons�ble for the pay�nt of any fees unposed by tha Federal Emargency Management
<br />Agency in connection whh tha review ofany flood zone determination resulting from an objaction by Borrower.
<br />If Borrower fails to matntain any of the coverages descnbad above, Lendar may obtain msucanca
<br />cove�age, at Lender's option and Borrower's expense. Lander is under no abligation to purchase any particular
<br />type or amount. of covera�e. Therefore, such covenga shall covar I,ender, but might or might not Qrotect
<br />Borrower, BorrowePs equity m the Proparty, or the contents of tha Properry, against any risk, hazard or l�abilrty
<br />and might provide grearar or lesser coveraga than was previously in effeck Bonower aclmowledgas that the cost
<br />of the insurance coverage so obtained might significanUx wcceed the cost of inswance that Boaower could have
<br />obtained. Any amounts disbursed by Lender under thss Secdoa S shall become additional debt of Bonower
<br />secured by this Security Instnpment These amounts shall beaz interest at the Note rata &om the date of
<br />disbursement and shall ba �ayeble, with such interest, upon notice from Lenderto Borrower requestingpayment
<br />All insurance pohcies requffed by Lend� and renewals of such policies shall ba subject to LendeCsright
<br />to disapprove such policies, shall a�clude a standard mortgage clause, and shall name Landec as mortgagee and/or
<br />as an additional loss payee. Lender shall have the right to hold the policies and renewal certificata.v. If Lender
<br />requires, Boaower shall promptly give to Lender sil teceipts ofpaid premiums and renewal notices. IfBorrower
<br />obtains any form of insurance coveiage, not othetwise requved by Lander, for damage to, or des�uction of, the
<br />Pro�ecry such policy shall include a standard mortgaga clause and shall name Lender as mortgagee and/or as an
<br />additionalloss payee.
<br />In the avent of loss, Bortowar shall give prompt notice.to the insurance c�rrier and Lender. Lendermay
<br />make pmof of loss ifnot made prompUy by Boaower. Unless Lendar and Bottower otfieiwise agree in writing,
<br />any insurance proceeds, whether or not the underlyiag insiu�ance was required by Lender, shall be applied to
<br />restoration or repair of the Properiy, if tha restorabion orregair is economically feasible and Lender's security is
<br />not lessened. During such repav and restoration period, Lender shall have the right to hold such insuranca
<br />proceeds until Lender has had an opportunity to inspect such Property to ensure�e work has been completed to
<br />Lender's satisfac6on, provided that such inspectioa shall be imdertakan promptly. Lander may disburse proceeds
<br />for the repairs and restoration in a singla payment or in a series of progress payments as the work is completed.
<br />Uniess an agraement is made in wntutg or Applicable Law requires mterest to be paid on such insurance
<br />proceeds, Lender shall not be required to pay Bmrower any interest or eamings on such proceeds. Fees for public
<br />ad�usters, or other third parties, retained by Borrowar sha11 not be paid out of the insivance proceeds and shall be
<br />the sole obligation of Borrower. If the restoration or repair is not economically faasble or Lander's security
<br />would be lesseaed, the insivance proceeds shall ba applied to the sums secured by this Security Inshvtnant,
<br />whether or not then due, with the excess, if any, paid to Borrower. Such msurance proceeds shall be applied in
<br />the orderprovided for in Section 2.
<br />IfBocrower abandons the Property, Lendar may file, negotiata and settle any available insivance claim
<br />and related matters. If Bocrower does not respond within 30 days to a notice from Lender that the insuiance
<br />carrier has offered to settle a claim, then Lender may negotiate and settle the claun. �e 30-day period will be�3n
<br />when the noNce is given. In either event, or if Lender acquues tha Property+ tmdar Section 22 or othetwise,
<br />Borrower hereby assigns to Leader (a) Boirower's rights to any msurance proceeds v► an aznount not to exceed
<br />the amounts unpaid under tha Nota orthis Security Instrument, and (b) azry other ofBorrower's rights (ather than
<br />the right to any refund of unearned premiums paid by Borrower) under all in�+�.�aece policies covering the
<br />Property, insofu as such rights ara applicable to the coverage of the Property. Lander may usa the insurance
<br />NEBRASKA-Singla Fam�ly—Fannie Mee/Freddie Mac iJrT1FORM INSl'R�TM�T Form 3028 iNl (pnge 4 oJ9 pagesJ
<br />9754.CV{t/11) 4300t0a667 CrE9tiveThlnldng,luC
<br />(i0T0(003fc741)
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