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2� 15�7448
<br /> Borrawer sha11 prvmptl� dis�harg� any li�n wh��h has prior�ty over this Security �nstrument unless Barravsrer:
<br /> ��.}a.g���s in wr��i�g to���p�y������t���blig�.ti�n se�u����y�h��i�n in a r�ax�n������p�abl�t�L�nde�,bu�on�y so
<br /> Iong as Bo�rrower is perform�ng such agreement;�b�cont�st�the�ien�n goad faith by,or def�nds aga�nst enforcement of
<br /> �he �ien in, �ebai praceedings which�n Lendex's ap�nian opera�e to pre��nt�he�nf�rcexn��t�f�he lie�w�xle t�a.�se
<br /> proceedin�s are pending,but on�y un��l such proceedings are�on�Iuded;or�c}secures from the hfl�der of the lien an
<br /> agreemen�sa�isfac�ary to Lender subordinat�ng the l�en to this Security�nstruxnent.�f Lender de�ermine�that any par�af
<br /> the Praper�y is subje�t to a lien whi�h can at�ain prior��.y o�er this Security Instrument,L�nder may give Borrav�er a
<br /> natice iden�ifying the�ien.W�thin�.0 days�f the dat�on wh�ch tha�no�i�e is given,Borrower sha11 sa��sfy the lien or�e
<br /> one or more of the ac�ions se�forth abo�e in.this Sect�on 4.
<br /> Lender rnay requ�re Barrawer to pay a one-�ime charge for a r�al es�ate tax verifica�i�n andlor repor�inb ser���e
<br /> used by Lender in cannec�ion v���h this Loan.
<br /> 5.Property Insurance.Barro�ver sha��keep�he impro�ements novv e�is�ing or hereafter erec��d on�he Proper�y
<br /> �nsured against�oss by fire,ha.zards included wi�hin the term"ex�ended�overage,"and any�ther ha.�ards inc�uding,but
<br /> n�t limited��,ear�hquakes an.d flaods,for�rh�ch Lender requir�s insurance.This insurance sha.�I be rnain�ained in the
<br /> am�un�s�inc�uding��duc�ibie le�e�s)and for the perxods that Lender requxres.�hat Lender requires pursuant to�he
<br /> preceding sen�ences can chax�.g�during th��erm�f the I��an.The�nsurance caxrier pro�id�ng the insurance shall be
<br /> ch�sen by B orro�v�rer sub�ect ta Lender's r�ght�o d�sapprove B a�-r�wer's ch��ce, which righ� shall not be e�erczsed
<br /> unreasonably.Lender may require B�rr�wer�o pay,in conn�c�ion w�th this Laan,either:�a}a ane-�ime char�;�far fl�od
<br /> zone det�rmina�ian, cer�i�ca�ion and�racking servi�es; �r �b}a anew�ime charg� for fla�d zone determinati�n and
<br /> cer�zfication services and sub�equ�nt charges ea�h�ime remappings or s�m��ar changes occur whi�h r�as�nably might
<br /> aff�ct such det�rmination or cer��f ca�i�n.B�rrower sha��alsa be respans�b�e forthe paym�n�of any fees impased by the
<br /> Federal Emergency Management Agency in.connection wi�h the re��ew of any flood zane d�ternaina�ian resu��ing from
<br /> an o�jection by Borrawer,
<br /> �f Borrower fai�s to ma�nta�n any of�he co�vera�es described abo�e,Lender may ob�ain insurance coverage, a�
<br /> Lender s opt�an and Borrower s�xpense.Lender�s under no obiigat�on�o purchase any par�xcular type or amoun�of
<br /> c��erage.Th�ref�re,such co�erage shall cover Lender,but might ar might n��protect Borrower,B�rro�r�r's equity�n
<br /> the Praper�, or�he con�ents of�he Proper�y, against any risk,hazard or�zabil�ty and m�gh�prov�de greater or��sser
<br /> cov�rage than was pr�viausly in�ffect.B orrower acknowl�dges tha�the cos�of the insurance caverage sa ab�ained migh�
<br /> s�gnzf�cantly exceed the cas�of�nsurance�hat Borrawer��u�d have obtained.Any amoun�s disbursed by Lender under
<br /> �his Sec�zon 5 shall become additiona�de�t�f Barrov`rer se�ured by�his Securi�y Ins�rumen�.These amaunts shall bear
<br /> interes�at the Note ra�e from the date of disbursemen�and sha��b�payab�e,wi�h such interest,upon not�ce frarn Lender
<br /> to B orrower requesting payment.
<br /> AIl insura�a.ce pfllicies requ�red by Lender and renewa�s �f such pol�cies shal� be subjec�ta Lend�r's righ�ta
<br /> disapprove such policxes,sha��include a s�tandard mor�gage��ause,and shall name L�nder as mor�gagee andl�r as a�a.
<br /> addx�ional Ioss pay�e. Lend�r sha�i ha�e the righ�to hold the po�ici�s and renewal cer�if�a�es. �f Lender requires,
<br /> Borr�w�r sha�I prompt�y gi�e to Lender a�l receipts of paid premiums and renewai noti�es.If Borr�v�rer ob�a.ins any form
<br /> of insurance co�rerage,not o�herwise requir�d by Lend�r,for damage��,or destru���an of,�h�Praper�y,such policy shal�
<br /> inc�ude a standard mar�gage clause and shall name Lender as mor�ga�ee andlar as an additiorial loss paye�.
<br /> In the event of Ioss,Borrovver shall g��e promp�no�zce�a the�nsuranGe car��er and Lender.Lender may make proof
<br /> of 1�ss xf no�made pramptly by B�rrov�rer, Unless Lender and Borrower o�herwis�agree in wri�in�, a�y �nsuranc�
<br /> proceeds,whether ar not th�under�ying insurance was required by Lender,shall be applied to restorat�on�r repair of the
<br /> Property,if�he res�oration or repa�r is economical�y feas�ble and Lender's security is not��ssened.During such repa�r and
<br /> restora�ian periad,Len�e�r shal�have the righ��a ho�d such insurance proc�eds until L�nder has had an oppor�unity�o
<br /> �n.spec�such Pr�perty to ensure the v�rork has been compl�t�d to Lender's satisfaction,provided tha�such inspection sha�l
<br /> be underta.�en prompt�y.Lender ma�disburse proceeds far th�repairs and rest�ration in a single paymen�or in a series of
<br /> progress paymen�s as�he work is cample�ed,Ur�l�ss an agree�men�is made in�vrit�ng vr Applicable Law requires�nterest
<br /> tfl be�aid on such insurance praceeds,Lender shal�not be requ�red to pay Borrower any intearest or�arnings�n such
<br /> proceeds.Fees for public ad�us�ers,or other thi�d par�ies,retain�d by Borrower shall not be paid out of�he insurance
<br /> p�oceeds and shall be the so�e a�bligation af Borr�wer.�#'�he rest�ra�i�n or repa.�.r is nat�conomically feasible or Lender's
<br /> security v�ould be��ssened,the�nsurance proceeds$hal�be app�ied�o the sums secured by this Secur�ty Instrumen�,
<br /> NEBRASKA-S�ngle Family-Fannie N[aelFreddie Ma�UNIF(3RM INSTRU�fENT Farm ��2 �10�
<br /> Page 5 af�3
<br /> Eos,€nc. Bvrrawer�s}�ni�ials � �
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