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<br /> 5. P"rope�t►y Insuran�e. Borrower sha�� keep the ilnpr��emen�s now exis�ing �r hereafter erected on the
<br /> . Property insured agains�loss by fire, hazards included v�rzthin �he terrn"ex�ended coverage," and any other hacards
<br /> including, bu�na�limited to, earthqua��es and flaads, for�vhich Lender�requ�res insurance, This insurar�ce shal�be
<br /> mazn�azned in �he ai��ounts �including deductibie levels} and for �he periods �ha� Lender �requ'rres, �ha� Lender
<br /> �requires pursuan�t�the preceding sentences can change d���ing�he term of the Loan. The insurance ca�rier providing
<br /> �he xnsurance shall be chosen by Borrower subj�c�t�Lencler's righ�to dis�Eppr�ve Barrower's choicey whic�right shall
<br /> no�be e�.ercised unreasonab�y. Lendez�a�ay�r�quire Borrawer�o pay, in connec�ion wi�h this L�an, ei�her; �a}a one-
<br /> time Gharge for floflc�zone de�erm�nation, certi�'ica�ion and tracking services;or�b�a one�time charge for�.aod zone
<br /> deterinination and certi�cation sexvices a�d subsec�uent claaz ges each�ime�emappings ar srmi�ar changes o�cur vvhich
<br /> reasanab�y m�gh�affect such���ermina�ian ar c��ti�ca�ian. Borrav�rer shall a��o be responsib�e f�r the payznen�of
<br /> any fees imposed by�l�e Federal Em.ergency Manageznent Agency in connec��an v�ith�he review of any fload zone
<br /> de�ermina�ion r�sultin� from an obj ect�o�a by Bo�rovver.
<br /> �f Borrower Fai1s�o naa�ntaiza any of�h�co�erages descr�bed ab�ve, Ler�der may ob�ain insurance coverage, a�
<br /> Lendex's ap�ion and B�rr�wer's e�p�n�e. Lender is under no ob��gation �o purchase any�articular type or amount
<br /> of coverage. Ther ef��re, such coverage sha�� cover Lender, but might or migh�t�ot pxo�ect Borrower, Borr�wEr's
<br /> equity in th�Proper��, ar�he conten�s of the Praperty, agaxnst a�y risl�, hazard or liabili�y and��igh�provide greater
<br /> or lesser c��erage than was previa�.�s�y zn effect. Borr�v�er a�lcna�v�edges tha�tihe cos�of�he insurance co�e�rage so
<br /> obtained migh�signif canti�y exceed�he cost�f insuxance that Barrawer�ou1d�ave ob�axned, Any anaounts disbu�rsec�
<br /> by Lender under�his Secti�n 5 shall beconze addi�ional deb�af B�rrower securec�by this S�curity Zns�rument, These
<br /> arnoun�s �ha�1 bear in�eres�at�he�Vote ra�e from the date af disbursement and shall be payab�e, �ri�h 5uch in�erest,
<br /> upan notice fram�ender to Bo�rovvear req�es�ir�g payment.
<br /> All insu�ance po�icies required by Lende� and renewals of such po�icie� s�hall be subjec�to Lend�r's right to
<br /> disa�pxove such policies, s�aa11�nclude a�tandard mortgage clause, and shal�name Le�.c�er as�nortgagee andlor as an
<br /> additianal loss�ayee. Lender shall hav�xhe right�o hold ti�ae palici�s and renewal cer�i��a�es. �f L�nder requires,
<br /> Borrower shall pramp��y give�a Lender al1 re�exp�s of paid premiums and rene,wa�noti�es. If Bo��ower ohtain�any
<br /> Form of insurance covera�e, not o�herwise required by Lender, for daxnage�o, Qr destructian af, the Pxoperty, such
<br /> po�icy sha�l in�lude a standard mortgage clause and shal X �a�ne Lender as �nor�gagee andlo�r as an addi�ional lass
<br /> payee.
<br /> In��e e�en�of loss, Barrower sha�l give promp�n�txce to the�nsurance carrie�and Lender, Lender may ma1�e
<br /> proaf of loss if no� n�ade promp�ly �y Ba�rro�rer. Unless Lendex and Borr��rv�r otherwis� agree in wr�t��ag, any
<br /> insurance proceed�, whether or not the underlying insurance was a�equixed hy Lender, ��aali be applied��res�ara�io�
<br /> or repair af the P�operty, if the res�ora�ian or xepa�r is ecnnon�ricai�y feasib�e and Lender's secur��y is no��essened.
<br /> During such repair�.nd res�oration period, Lender shali ha�e�he x�gh�to hold such insu�rance proceeds untiX Lender
<br /> has had an apportun�ty to �nspect such Property �o ensu�re the wor1�has �een completed ta Lender's sa�isfac��on,
<br /> pro�rided �ha� such xnspe���an shall be underlaken promp��y, Lender may disburse proceeds for the repazxs and
<br /> r�s��ra�ion�n a single payment oar in a series of pr�gress�ayments as�he�or��s�om.p�e�ed. Un�ess an agreen�.ent
<br /> is made in vsrrit�n� ar App�icab�e La�v requires in�exest to be paid on su�h insura�.ce proceeds, Lender shall no�be
<br /> re�u�red to pay Borro�ver any int�res�or eaxnings on such proc�ed�. Fees fox pub�ic acl�usters, or ot�er third pa�rties,
<br /> retair�ed by Bor�rawer sha��not be�aid out❑f�he xnsuran�e pr�ceeds and sha11 �e the so�e o�liga�ion of Bo�rower,
<br /> �f�he re��ora�ion or repai�r�s no�economical�y feasible o�Lender's security wauld be lessened,�he�nsurance proc��ds
<br /> shal�be appl�e�to�he sums secured by�his Securit�Tnstrurnen�,,v5rhether�r n�t�hen due,wit��he e�cess, if any,pa�d
<br /> �o Borrower. Such insu�rancc proceeds shalX be applied in�he ar�e�r p�rovided for�n Sectian�,
<br /> �f Borz ower a�andons �he Pro�erty, Lender may f�Ie, negotia�e and�et��e any available insurance c�aim and
<br /> re�a�ed matters. I�Borrower does�.ot respond v�ithin 3�days to a notic�from Lender�hat�he insurance�arrier has
<br /> offered to settle a clai�a�, the� Lender may negotia�e and set��e the c�aim., 7`h� 30�day period wi�l �e��n v�hen the
<br /> notice is given. �n either e�ent, or if Lender acquires��e Praper�y under Section 2� or o�he�wise, Borrower hereby
<br /> assig�as �a Lende��a}Barrawer's rights �o amy insurance proceeds in a�.a�noun�not �o exce�d the amoun�s unpaid
<br /> � , under�he�Iote or this Security I�astrumen�, and�b}any o�her of Barz ower's rig�ts�o�her�han the ri�ht�:o any refund
<br /> of unearnc�d pxe�a�iur�s paid by�3arrowex�unde�a�l insurance po�icies covering tihe Proper�y, insofar as suc�.rig�ts
<br /> NEBRASKA-Single Family�UhIIF4RM INSTRUIUIENT ���,����� Q
<br /> M�DIFIED F�R QEPARTMENT �F VETERANS AFFAIRS - ME�S
<br /> www.dacmagic,com
<br /> �Rev. �1��} Pag� � af �4
<br /> r".�'� �P.s
<br /> 4
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<br /> �BANK�29Q94�5�
<br /> �Fi�DEED_14�9�58���
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