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<br /> services ar�d su�sequent charges each�ime remappings ar sim�iar changes occur which reasonably might
<br /> affect such determ�nation or cer�ifica�ion. Borro�v�r�hall alsa be responsihle for�he paymen�of any'f�es
<br /> �mposed by the Fed�ral Emergency Managernent Agency in conr�ec�ion with th�re�iew of any�ood zone
<br /> determ�na�ion r�sult�ng from an ob�ecti�n by Borrower.
<br /> rf Borrower fa��s to m.ain�a�n any of the co�erages described abo�e, Lender may ob�a�n�nsurance coverage,
<br /> at Lender's ap��on and Borrawer's expense. Lender is under no obligation�o purchase an�particu�ar type or
<br /> amoun�flf cfl�erag�. Theref�r�, such���rerage shal� c�v�r L�nd�r, but m�gh�ar might not protect Borrawer,
<br /> Borrov�er's equ�ty�n�he Pr�per�,y, or the conten�s�f the Property, aga.inst any r�sk, haza�-d or liability and
<br /> might pr�vide greater or lesser.coverage than vvas previously in effect. Borrov�rer acknaw�edges that th�co�t
<br /> of the Xnsuranc�c�verage so ob�ain�d might significantly�xce�d the cost of�nsurance that Borro�rer could
<br /> have obtain�d. Any amounts d�sbursed by Lender under this Se�txan 5 shal� become addi�ional debt�f
<br /> Borrower secured by this Security�nstrument. These a�moun�s sha11 bear interest at the No��rat�from the
<br /> da�e of d�sbursemen�and Shall be payab�e, with su�h interest, upon notice from Lender to Borrower
<br /> request�ng payment.
<br /> � A�� insurance po�ic�es requ�red by Lender and rer�ewa�s of such pa�icies sha�l be subject to Lender's right to
<br /> d�sappro�e such po��ci�s, shall include a��andard�nor�gage clause, and shall name Lend�r as mor�gagee
<br /> andlar as an addi�ional loss payee. Lender sha��have the right ta hold the policies and rene�va� cer�ifi�ates.
<br /> �f Lender r�quires, Barrower sha�1 pr�mptly giv�to Lend�r al�r�ceipts�f pa�d premiums and.ren�v�ra�
<br /> notices. �f Barrower obtains any form af insurance coverage, nat otherwise requ�red by Lender, for damage
<br /> to, ar des�ruction of, the Property, such policy shall include a sta.ndard mortgage c�ause and shall narne
<br /> Lender as mortgagee andlor as an ad�itional lass payee. �
<br /> In the e�ent of lass, Borrov�er shall give prompt not�ce ta the�nsurance carr�er and Lender. Lender may
<br /> r make proaf of I�ss �f not�m.ade pramptly by Borr�v�er. Un�ess Lender and Barrov�er�therv�se agree�n
<br /> writing, any insurance proceeds, whether or not the underl��ng insurance was requ�r.ed by Lender, sha11 be
<br /> � app��ed t�restaration or repair of the Property, if th�r�storation or repair �s ec�nom�cal�y feasib��and
<br /> Lender's s��urity is n���essened. Du.ring such repair and restoration period, Le�der sha�1 ha�re the right ta
<br /> hold such insurance praceeds until Lender has had an appor�u.nity ta inspect suc�.��roperty ta erisure�h�
<br /> work has been completed to Lender''s satisfacti�n, provided that such inspe�t�on sha�l be under�aken
<br /> promptly. L�nder may dis�urse praceeds for the repairs ax�d restoration�n a sir�gle paym�nt or �n a series af
<br /> progress payments as�he vvark�s comp�eted. Unless an agreement�s made�n writing ar App��cab�e Law
<br /> requires in�erest to be paid an such insurance prflceeds, Lender shall not be requ�red t�pay Barrower any
<br /> .in��rest ar �arnings fln such pro�eeds. F�es for publ��adjus�ers, or other third parties, retain�d by�orrflv�er
<br /> sha�� not be paid�ut af th� xnsurance proc�eds and sha1�be the sole abligation Qf Borrov�er. If the r�storat�on
<br /> ar repair is nat e�onomi�ally feas�b�e or Lend�r's security wvould be lessened, the�nsurance proceeds sha11 be
<br /> app��ed to the sums secured by this 5ecurity�nstrument, v�rhether or not then due, with the ex�ess, if any,
<br /> paid to Barrower. Such insurance pr�ceeds sha11 be applied in the order provided for �n Sec�ion 2.
<br /> �f B�rro�v�rer abandons�he Praperty, Lender may file, negotia�e a�d sett�e any a�a��ab�e�nsurance claim and
<br /> re�at�d matters. If Borrower does not respond with�n 30 days to a n��ice from Lender�hat the�nsurance
<br /> �arrier has offered to sett�e a cla.im, �hen Lender may negotiate and settle the claim. The 34-day per�ad w���
<br /> begin when the notice is g�ven. 7n�ither�vent, ar if Lender acquire�the Property under 5ect�on 2� or
<br /> otherwise, Borrov�rer here�y ass�gns to Lender �a)B�rrower='s rights to ax�.y�nsurance proceeds xn an am�unt
<br /> nat ta exceed the amounts unpa�d under the Note or this Se�ur�ty Ins�rument, and[b� any ath�r Qf
<br /> Borro�tn�er's rights�other than th�right ta any refund of unearned premiums pa�d by Borrower��ra.der a11
<br /> insurance policies cover�ng the Pr�perty, �nsafaar as such r�ghts are appli��.b1e to the cov�rage of�he
<br /> Praperty. Lender may use the insurance pra�eeds either to repa�r or restore the Pr�perty or to pay amoun�s
<br /> unpaid under�he Note or this Security Instrumen�, whether or not then due.
<br /> r � �
<br /> 88�168T�95 � , ��� �,��,�s_ . .. �� � 880�687Q95
<br /> NEgRASKA-Single Family-Fanni�MaelFr�ddie Mac UNIFORM 1NSTRUMENT W1TH MERS ��` • Form 3�28�101
<br /> VM P� VM PfiA�NE���342)
<br /> Walters Kl�wer�Enar�cial Services � . Page 7 of 17
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