201403031 - Laserfiche WebLink

Browse

��14�3�31 services an.�subsequent charges each time remapp�ngs or similar chan�es occur which rea�oaably mi�ht affect such determination or certification. Borraw�r shall a�so be responsible for the payment of any fees imposed by th�Federal�mergency ll�anag�ment Age�ncy in con.n.ection with the review of an}�fload zone determiaation resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described abo�e,Le�der rnay vbta�n�nsurance coverage, at�,ender's opt�an and B�rro�rer's expense.I.en�i�r is und�r nv obligati�n to purchase any pa�ticula�type or amount af coverag�.Therefore,such coverage shall cover Lender,but might or might not protect�orrower, Borro�ver's equi#��n the Propert�r,or the contents of t�e�'rape�,against an�r�sk,hazard or lia�bilit�r and might provide grea�er or i�sser co�erage than was prev�ously in effect. Borrower ackn.�wledges that the�ost of t�e i�s�rance coverage so o�bt�z�.ed�nig��significantl�exceed the cost of insurance t�a�BQrrov�er eould have ob�ained.An.y amounts disbursed by Lender under this Sectioa S sha11 become a�dition.al debt of Barrow�r s�ect�ed b�this Security Innstrument.These�mounts shall beax inter�st at the l�ote rate from t�e date of disbursement and sha11 be payab�e,with such interest,upon notice frorn Lender to�orrower reC]ueStll:lg payl7le�ltr A11 insurance policies required by Lender and renewals of such p�licies shal�be subject to Lender's rxgkit to di�pprove such policies, sha�l�nclu�.�a standard m�rtgage c�ause,and�hal�name Len�er as m�r�gagee andlor as an additioQalla�s payee. Lender shal�have the right to hold the palic�es and ren�wal c�rtificat�s. If Lender requi.res,�orro�er shal�prampt�y gi�e t�Lender ai�receipts af paid premiums and rene�a� notices,If Borrawer obtains any form af insurance covera.ge,nvt�th.erwise r�qu�red by Lender,for damage ta,or destruction of,the Property,such po�ic�r sha11 inc�ude a standard mortgag�claus��nd sha��name L�nder as m�rtgagee andlv�r as an.additional loss payee. In the event of loss,Borrotiver shall give prampt not�ce to the insurance carrier and Lender. Lender n�ay make proof of Ioss if nat made promptly by Borro�er.Un�ess Lender and Barro�ver oth�r�ise agree in wr�ting,an�insurance proceeds,whether or n�t the underlying insurance was requ�red by Le�d�r, shall be applied ta restoration or repair�f�he Property, if the r�stora#ion vr r�pau is�conamically feasible and L�nder's security is not lessened. During such re�air and re�toration period,Lender sha1�have the r�ght to hald such insurance proceeds until Lender has had an opportunity to inspect such Property ta ensure the �ark has been cornpleted to Leader's satisfactian,pr�vided that such insgectron sha11 be under�a.ken pramptly. Lender may disburs�proceeds for the repairs and restora��on in a single payment or in a series of pragress payments as the work�s com�pleted. Unless an agreemen�i�made in writing or Ap�licahl�Law requ�.res�nterest to be paid on such insurance proceed5,Lender shall not be requued to pay Borrower any inter�st or earn�ngs on su�h proceeds.Fees for publ�c adju�ters,or oth�r third parties,reta.rned by Bo�rower sha�l not be paid out of the�nsurance proceeds and sha11 be�he�a1e ob�iga�ion of�3orrower, If the restoration or repair is not ecvnomica�ly feasible or Lend�r's se�u.�ity vvould be lessened,the i�s�tr��.ce�roc�eds sha11 be applied to the sums se�ured by this S+ecurxty Instrume�.t,whe�her+or not then due,with the excess, �f any, paid to I3orrQwer. Su.ch in�urance proceeds sha��b�appli�d xn the�rder provided�or ir�S�ction�. If Barrower abandons the Property,Lender may f le,ne�o#�ate and settl�any available insurance claim a�d related mat�ers. If B�rrower does n��respond within 3�days to a notice from Lender that the insurance casrier ha�offered to settle a cla�m,then Lender may negotiate and settle the claim. The 3�-day periad wi�1 begin when the notice i�given. In either event,or if Lender acquires the ProperCy under Section 22 or otherwise,Borrower hereby ass��ns ta Lender�a)Borrower's rights to any insurance prac�ed�in an amount not to exceed the amounts unpaid und�r th�Note or this Security Instrument,and�b}an�other af Borrower'�rights(other than the right to any refund c�f unearned premiums paid b�Borr��ver)under al� insurance poli�ies covering th�Froperty, insofar as such righ�s are app�icab�e to the coverage of the Prop�rty. Lender may use the insuraace proceeds either ta repair�r restore the Proper�y or�a pay amQu�ts unpaid under the Nate or this Securit�Instrum�nt��vhether or not then due. NEBRASKA-Single F�miiy-Fannie Ma�JFreddie Mac UNIF�RM iNSTRUMENT WITH MERS � �,,, �- Farm 342811�1 VN4P� VMPBA[NE}(134��.�D Walfers Kluwer F�nar�cial Services Page 7 of 17 qU3325518845 233 2�U Q717