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��14�1�93 <br /> ser�ices and subsequent charges each ti�ne r�mapp�ngs or similar changes ac�ur which reasonably migh� <br /> affect such determination a�- ce�-tif�cation. Bo��rov�e�- shal� also be�-espons�ble for�he paymen�of any fees <br /> imposed by t��e F�deral Emergency Mana�ement Agency in co��ne��ion with the rev�ew of an� flood zone <br /> d�termination resulting from an objec���n by�3or�-owe�•. <br /> �f�o�-ro�v�r fails to ma�n�ain any of�he cn�erag�s desc���bed abave, Lende�-may ob�ain insu�-ance�a�erage, <br /> at Lender's op�ion and Bo�-�-ower's expense. Lende�- is under na obligation�o purcha�se any par�icular type�r <br /> amaun�of ca�e��age. T��erefore, such c��verage sha�I coWer Lender, but migh�or mi�h�n�t protect B�rro�nrer, <br /> Barrawe�-'s equi�y i n �he P��ape�•ty, o�r�he contents �f�he Prope��y, agai nst any�-i sk, hazard o�- 1 iabi���y and <br /> might p�-ovide grea�e�• or lessez- co��rage than was p�•e�iausly in effect. Barra�ver a�lcnor7vledges�ha�the cost <br /> of�he insuran�e coWerage so c�b�ained migh�sign�fcant��exceed�he��st of insurance�hat Borrnwer cQu1d <br /> have obtained. Any amoun�s disburse�i by Lender under this Sec�iox� 5 sha�l become additional deb�of <br /> Bo�rowe�• secured �y����s Secui-i�y�nstrume��t. Thes�a�noun�s sha�� bear interest a��he Note rate from�he <br /> da�e of d�sbur•semen�and shall be payable, v�r��h such interest, upon no�ice fi�om Lende�-�o F3or�-owe�- <br /> reques�ing paymen�. <br /> A�� 1p5uranC�p��1�1�5 1-equi�-ed by Lende�r and renev�als of such policies shail be subject ta Lender's righ��� <br /> disappro�e su�h pnl�cies, shall include a standard mortgage c�ause, and shall name L��ader as mortgagee <br /> andlar a.s an additional lflss payee. Lender sha�i have the right to ho�d�he palicies and renewal ce�-�ifca�es. <br /> �f Lender reau�res, Borrovver sha�� pramp��y g�ve�o Lender a�l receip�s ❑f paid prem�ums and renevWal <br /> notices. �f F3arrawe�•ab�ains any form of i�rsu�-ance coverage, not othe��wise required by Lender, fot• damage <br /> to, ar destruc���n of, �he Property, such policy shall include a standard mor�ga�e�iause and shall name <br /> L�nder as mortgag�e andlor as ar�addztio�a�a� I�ss payee. <br /> Ip�h��V�IIt Df Ifl55, BQ�'ra1�J�r 5ha�� gXVe�]I'�iTl���latlC��U��7.� 1nS�.1�'�nCe Carrle�' anC�LenC�el-. Lender ma}� <br /> n�ak�proof af loss if no�made promptly by Borrowe�-. Un�ess Lend�r and Bnrr�ower o�herwise agree in <br /> writ�ng, any insu�-ance proceeds, v�rhether or nc�t�he underlying insu�•ance vWas reyui�ed by Lender, shall be <br /> applied t�res�ora�ron or repai�- af the Proper�y, if the restoration or repa�r �s ecanomica�Iy fea.sible and <br /> Lender's seGurity is no� lessened. Dur•ing such re�air and res�oratiQn period, Lendet�shall haWe the�-�ght to <br /> h��d such insurance pro�eeds un�il Lender has had an opportuni�y�� �nspect such Prflperty�o ensure�he <br /> work has be�n campleted�o Lend�r's satisfac�i�n, provided that such �nspec�ion sha�l be unde�•�a�en <br /> p�-omp�ly. Le��de�•may disburse p�oceeds for the repairs and res�ara�ion in a single paymen�or �n a series of <br /> �ro��-e�s paymen�s as�he v�rork is campleted. tJnless an agreemen� is made in vvri�ing or Applicab�e Law <br /> r��uires interest to be paid on sueh i��su�-ance proeeeds, Lender sha�� no�be re�u��ed tfl pay B�rr�wer any <br /> interes�or earni��gs on such proceeds. Fe�s far public adjus��rs, or other�hir�d par�ies, re�ained by Barro�nrer <br /> �hal� no�b�paid Qut�f�h� insuraz-�ce proceed� and shall be�he sfl�e ob�igati�n of Borrower. If�h�res�oration <br /> or repair is nat ecan�mica�ly feasible or Lender's security rn�ould be Iessened, the insurance p�-oceeds shail be <br /> applied�o�he sums secux•ed by�his Secu�-ity�ns��ument, whethe�• a�- not then due, �ui�h the excess, �f any, <br /> paid��Barrower. Such insu�ance p�-oceeds shall b�appiied xn the arde�- p�-avided for in Section 2, <br /> �f BarrovWer abandans�he Property, Lender may f le, neg�t�ate and se�tle any a�a�labie irisu�ance ciaim and <br /> rela��d mat�ers. �f Borrrov�rer does no�respond w��h�n 3� days�o a no��ce fr�rn Lende�that the�nsut-ance <br /> carrier has offered to settle a c�ain�, the�Lende�- may nego�iate and settle the claim. The 3�-�day period v�i�l <br /> begin vvhen the n�tice is given. In �i�her eWen�, or if Lender acquires the P�aper�y under Sec�ion 2Z or <br /> o�herwise, Bor�-oWe�-he�-eby assigns�a Lende�� �a} Barrower's righ�s t�any �nsu�•ance p�-�ceeds in an amount <br /> no�to exceed tl��amounts unpaid under the No�e or�his Secur��y�ns�rument, and�b� any a�her of <br /> Borr�wer's righ�s (ather tl�an t��e righ��a any refund of unearned prem�ums paid by Barrowe�}under al1 <br /> insurance poXicies coveri��g the Prope�-�y, insofar as such �•ights are applicable t��he cflve�rage af the <br /> Proper�y, Lende�-may use#;he insu�•ance pr�ceeds �ither�o repair or resto�-e the Proper�y ar to pay amounts <br /> unpaid under�he No�e or�his Security Instrumer��, �v�e�her or na�then due. <br /> 880�56�603 '�. 880�56�603 <br /> NEBRASKA-5ingie�amEiy-Fannie Mae�Freddie Mac UNI�ClRM INSTRl1MENT 1NlTH M�RS � �orm 3�28�l01 <br /> VM P Q VM PSA{NE}�3 302] <br /> Wvlters K�uw er Financial Services Page 7 af i 7 <br />