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201210371 servLces and subsequent charges cach time remappings or similar changes occur which reasonably might affect such determination or certification. Borrowet shall also bc responsible for[he payment of any fees imposed by the Federal Emergency Managemeut Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Bonower fails to mxintain any of the coverages described above,Lender may obtain insurance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to parchase any particolar typc or amount of coverage. Therefoic; such coverage shall cover Leadcr,but might or might not protect Borrower, Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coveragc than was previonsly in effect.Borrower acknowledges that ihe cost of the insurancc coverage so obtained might significantly exceed the eost of insurance that Borrowcr could have obtained.Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Sewrity Tnstrument These amounts shall be:u interest at the Note rate from the datc of disbursement and shall be payable,with such interest,upon notice from Lendcr to Borrower requestiug paymenk All insuiance polieies cequired by Lender and renewals of such policies shall be subject to Lender's right to disapprove such polieies, shall includc a s[andard mortgage clause,and shall namc Lender as mortgagcc and/or as an additional loss payee. Lender shall have thc right to hold the policies and renewa]certificates. If Lender requires, Rorrower shall promptly give to Lender all receipts of paid premiums and renewal aotices. If$orrower obtains any form of insurauce coverage,not o[herwise rcquired by Lender, for damage to, or destruction of,the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee aud/or as an additional loss payec. In the event of loss,Bovower shall give prompt notice to the insurance carrier and Lender. Lendcr may make proof of loss if not made promptly by Rorrower, Unless Lender and Borrower otherwise agcc in wn[ing,any insurance proceeds,whether or aot the underlying insurance was required by Lender, shall be applied to restoration or repair of the Proper[y, if the restoration or rcpair is ecouomically feasible and Lender's secwity is not lesseued. ➢uring such repair and restoration period, Lender shall have the right to hold such insurauce proceeds until Lender has had an opportunity to inspect such Property to cnsure the work has been completed to Lender's satisfaction,provided that such inspection shall be undertaken promp[ly. Lender may disburse proceeds for the repairs and restoration in a siugle payment or iu a series of progress payments as the work is completed. Unless an agreement is madc in writing or Applicable Law requires interest to bc paid on such insurance proceeds,Lender shall not bc required to pay Borrower auy interest or earnings on such proceeds. Fecs for public adjusters, or other third parties,retained by Borrower shall not be paid out of the insurancc proceeds and shall be the sole obligation of Bonowec If the restoration or repair is not ecouomically£easible or Lender's security would be lessened,the insurance proceeds shall be applied to the sums secured by this Security Instrument,whether or not then duc, with thc excess, if any, paid to Boaower. Such insurance proceeds shall be applied in[he order provided for in Scction 2. If Borrower abandons the Property,Lender may file,negotiate a�d settle any available insurance elaim and related matters. If Borrower does not respond wit6in 30 days to a notice from Lender that the insurance camer has ofticred to settle a claim,then Lender may negotiate aad settic thc claim. The 30-day period will begin when the notice is given. In either event,or if L,ende�acquires the Property under Section 22 or otherwise, Bonower 6ereby assigns to Lender(a)Borrower's rights to any insurance proceeds in an amount not to exceed the amounts unpaid under the No[e or this Security lnstrumen[, and(b)any other of Borrower's rights(othcr than the right to any refund of unearned premiums paid by Borrower)undcr xll insurance policies covering the Property, insofar as such rights are applicable W the coverage of the Properly. Lender may use the insurance proeeeds either to repair or restorc the Proper[y or to pay amounts unpaid undcr the Note or this Security Instrument,whether or no[then due. NEBRASKASingle FamilyFannie MaelFrediie Mac UNIFORM MSTRUMENT WITH MERS Form 30281(O1 VMP� VMPBA(NE)(1105).OD W olters Kluwer Flrcancial SeMcea Page T of'19 II I I I'IIII I I I�II I III I II�IIIII'll I III I I I I I III I I III q03310280489 0233 345 0717