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201300454
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Last modified
12/31/2013 11:16:34 AM
Creation date
1/17/2013 4:08:26 PM
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DEEDS
Inst Number
201300454
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201300454 <br /> to prevent the enforcement of the lien while those proceedings are pending,but only until such proceedings <br /> are concluded:or(c)secures from the holder of the lien an agreement satisfactory to Lender subordinating <br /> the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien <br /> which can attain priority over this Security Instrument, Lender may gis e Borrower a notice identifying <br /> the lien. Within 10 days of the date on which that notice is given. Borrower shall satisfy the lien or take <br /> one or more of the actions set forth above in this Section 4. <br /> Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting <br /> service used by I,ender in connection with this Loan. <br /> 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on <br /> the Property insured against loss by tire, hazards included within the term "extended coverage," and any <br /> other hazards including,but not limited to,earthquakes and floods, for which Lender requires insurance. <br /> This insurance shall be maintained in the amounts (including deductible levels) and for the periods that <br /> Lender requires. What Lender requires pursuant to the preceding sentences can change during the tens <br /> of the Loan.The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's <br /> right to disapprove Borrower's choice,which right shall not be exercised unreasonably. Lender may <br /> require Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone <br /> determination,certification and tracking services; or(b)a one-time charge for flood zone determination <br /> and certification services and subsequent charges each time remappings or similar changes occur which <br /> reasonably might affect such determination or certification. Borrower shall also he responsible for the <br /> payment of any fees imposed by the Federal Emergency Management Agency in connection with the <br /> review of any flood zone determination resulting from an objection by Borrower. <br /> IfBorrower fails to maintain any of the coverages described above,Lender may obtain insurance coverage. <br /> at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type <br /> or amount of coverage. Therefore. such coverage shall cover Lender, but might or might not protect <br /> Borrower, Borrower's equity in the Property, or the contents of the Property. against any risk, hazard or <br /> liability and might provide greater or lesser cox crags than was previously in effect. Borrower acknowledges <br /> that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that <br /> Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall become <br /> additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the <br /> Note rate from the date of disbursement and shall be payable.with such interest,upon notice from Lender <br /> to Borrower requesting payment. <br /> All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right <br /> to disapprove such policies,shall include a standard mortgage clause.and shall name Lender as mortgagee <br /> and/or as an additional loss payee.Lender shall have the right to hold the policies and renewal certificates. <br /> If Tender requires. Borrower shall promptly give to Tender all receipts of paid premiums and renewal <br /> notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender. for <br /> damage to,or destruction of,the Property, such policy shall include a standard mortgage clause and shall <br /> name Lender as mortgagee and/or as an additional loss payee. <br /> In the event of loss, Borrower shall give prompt notice to the insurance carrier and I ender. Lender may <br /> make proof of loss if not made promptly by Borrower. Unless Tender and Borrower otherwise agree in <br /> writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall <br /> 11s'bd2090 <br /> NEBRASKA-Single Family-Fannie Mae/Fedde Mac UNIFORM INSTRUMENT Form 301E 1/U1 <br /> Wolters rr y,^^ Y ,�r„ 03 11 <br /> Wolter:Kluwer Finan_iel Scrvirvs 101'120:n 0 0 U JUU2-JJ011 UU Y Initials k \ ✓1.. Pave 6 IT <br /> 11111fIIIIII III H �� III U <br />
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