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201302590 services and subsequent charges each time remappings or similar changes occur which reasonably might at feet 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 the review of anv flood zone determination resulting front an objection by Borrower. If Borrower fads w maintain any of the coverages described above, Lender may obtain insurance coverage, at Lenders option and Borrower's expense. Leader is tinder no obligation to purchase any particolat type or amount of coverage. Therefore, such coverage shall cover Lender,but might or might not proroct Borrower, Borrower's equity in the Property, er the contents of the Property,against any risk,hazard or liability and might provide greater or lesser coverage than was previously in effect Borrower acknowledges that the cost of the insurance coverage co obtained might significantly exceed the cost of insurance that Borrower could have obtained Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by dos Seca by Instrument, These amounts shall bear interest at the Note rate from the dare of disbursement and shall be payable, with such interest,upon notice from Lender to Borrower requesting payment All insurance policies required by fender and renewals of such policies shall be subject to Lender's right to disapprove such policies,shall include a standard mortgage clause, and shalt name Lender as mortgagee and/or as an additional less payee Lender shall have the right to hold the policies and renewal certificates. If I.ender requires. Bouatt el shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to.or destruction of. the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee. ht the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender, Leader may make proofof loss if not made promptly by Borrower, Unless Leader and Borrower otherwise agree.in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to hold such insuranee proceeds until Lender has had an optwnunity to inspect such Property to ensure the work has been completed to Lender's satisfaction,provided that such inspection shall 6e.undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not he required to pay Borrower tny interest or earnings on such proceeds. Fees for public adjusters, or other third parties, Ietained by Borrower shall not be paid out of the insurance proceeds and shah be the sole obligation of iorrower. If the restoration or repair is nor economically feasible or Lender's security would he lessened, the insurance proceeds shall be applied to the sums secured by this Security 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 Bortowet abandons the Property, Lender may tile. negotiate and settle any available insurance claim and related matters. If Borrower does not respond within 30 days to a notice from l ender that the insurance earner has offered to settle a claim. then Lender may negotiate and settle the claim. The 33-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 Lender ta)Borrower's rights to any insurance proceeds in an amount not to exceed the amouurs unpaid under the Note or this Security instrument.and fbl any other of Borrower's, rights(other than the right to any refund of unearned prermurn•s paid by Borrower)under alt insurance policies covering the Property, insofar as such rights are applicable to the coverage of the Property. Lender may use the insurance proceeds either to repair or restore the Property or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due. IJrBRASKASinale Famtly-Fnnn,e.Maa/Fredci• Mat UI4GQRM INSTRUMENT N!IY MCRS tom 542E 141 %MPs vi^I'eA(Nc11110fS Au WOhC'5 tiLMV f Flnanclal SMIC Ci I'Sae!L'1 r 1111111111111111111111111111111:11111111111 803315605561 0233 316 0717