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<br /> L[]AN #: '!fi��3757'!
<br /> or ground rents on the Prop�rty, �f any, and �ammuni#y Asso�iati�n Du�s, F�es, and Assessment�, if
<br /> any. T�th�extent tha#these �t�m$ar� Escrow lt�ms, Barrovver shall pay them �n th� manner p�ovid�d
<br /> in Sectian 3.
<br /> B�rrower shal� promptly discharg� any �ien wh�ch has priority aver this Security Instrument unless
<br /> Barraw�r:�a}agr�es in�rit�ng t�the paym�nt�f th�obliga��an secured by the i�en in a mann�r acc�ptabl�
<br /> t�L�nder, but vnly so lang as Borroweris per�orming such agreem�nt; �b}contests th��ien�n g�ad fai�h
<br /> by,ar d�fends against enforcem�n�of the lien in, lega�proce�dings whi�h in Lender's opin��n�perat�ta
<br /> pr�ven�the enforcement of�he���n while tho�e p��ce�d�ngs are pendin�,�ut on�y until su�h p�oce�dings
<br /> are�oncfuded;or�c}secures from th�hold�rof�h�iien an agreement satisfac�ary to Lendersubo�dinat�n�
<br /> the E�en�a this S�curifiy Instrument. �f Lender d�termines�hat any pa�t of th�Pr�per�ty�s sub�ect��a lien
<br /> vvhich can atta�n priority o�er�his 5e�uriiy Instrum�n�, L�nd�r may gi�� Barr�wer a n��ice �d�ntifying
<br /> t�e li�n. 1Nith�r� 1�days of the date on�rvhich that notice is �iU�n, B�r�ov�er sha�� sa�isfj� th� lien ar tak�e
<br /> ane or more of the activns set forth abo�e in �his Section�.
<br /> Lende� may requir� B�rrow�r �a pay a �ne-t�m� charge f�r a real �sta�� ta� v�r�fic�tifln andlor
<br /> reportin� s�n�ice used by Le�d�r in canr�ecti�n vvith this Lvan.
<br /> �, Pr�perty Insuranc�.Borro►►v�r�h�l!�e��the improvemen�s n�w exi�ting or hereaft�r erec#ed on
<br /> the Pro�erty i�ts�r�d agair��t�ass b}�fire, ha�ards in�luded vti►ithin the#erm"�xtend�d caver�ge,"and any
<br /> �th�r hazards includingt but nv��imited ta, earthquakes and flaods,for wh�ch Lender requires insurance.
<br /> Th�s�nsurance shall b�ma�ntain�d in�h�amount� �including deduc�ibi���vels}and f�r�h� peri�ds that
<br /> Lender r�quir�s. What L�nd�� r�qu�re$ pursuant �o #h� preceding sen�ences can chang� during the
<br /> t�rm�f the Loan.The insuran�e�arri�r pra�iding the insurance sha�l be�h�s�n by Borr��►ver s�bject t� j
<br /> Lender's r�gh�ta di�apprave Borrower's choEce,which righ�sha�l t�at be exercised unreas�nably. L�nder ;
<br /> may r�qu�re Bo�rvwer ta pay, in connect�on with this Loan, e�ther: �a} a one-time charg�f�r flo�d z�ne !
<br /> dete�mination, certifica�ion and tracking se�v�ces; ar�b}a vne-tim�charg�f�r fload z�ne d���rminati�n '
<br /> and certifcation se�vices and subsequent charges each time remappings or similar�hanges�ccurwh�ch ;
<br /> reasonably might affect such det�rmin��ion or certifica���n. B�rrower shall afso be resp�nsib�e for�he ;
<br /> payment vf any fees impo�ed by the Federal Em�rgency Management Ager��y in cflnn�ction with the
<br /> review�f any flood��ne de��rminati�n resul��ng frvm an objection by Borrawer.
<br /> !f Borrvwer fai�s to maintain any af the �averag�s described above, L�nder may obta�n insurance
<br /> c�verage, at Ler�de�'s opti�n and Borr�wer's expense. L�nder�s under no obfigatian tv pur�hase any
<br /> particu�ar typ�or amount of ca�erag�.Therefore, such coverage shali c�v�r L�nder, �ut might or might
<br /> not p�atect Barrawer, Bor��urer'�equi��n the Pr�perty, or the cant�n#s of the Prop�rty, �g�ins��ny risk, �
<br /> hazard ar�Iiab�l��1 and might provid�gr�ater or l�s�er cov�rage�han was preWiously in eff���. �vrr�vv�r
<br /> a�kn�wl�ed�es that th� ��st�f the insu�ance cover���e s� �btain�d m�ght sign�fi�an��y exc�e� the cos�
<br /> of insurance�ha�Barr��er could h�ve o�tained.Any amaun�s d�sburs�d �y Ler�d�r un��r this Se��ivn
<br /> 5 shall become addi#�onal d�bt of B�rrawer secured by this �ecurit� Ins�rument. Thes� amvun�s shalf
<br /> b�a� interes� at th� No�e rate fram �he d�te of d�sburs�ment and sf�afl be paya�le, w�th such int�rest,
<br /> upon notice firom L�nd�r t� Borra►rv��reques#ing payment.
<br /> A�I insurance p�lici�s requir�d �y L�n�er and renewa�s of such polici�s sha�l b�su�jec�to Lerrder's
<br /> ri�ht ta disappr�v�such policies, sha�1 �nciud�a sfiandard mortgage clause, and shall name Lende�as
<br /> mo�tgag�e andlar as an addi�ional lass pa}�e�.L�nd�r sha��have�he r�gh�to hald the policies and renevira�
<br /> c�rtificat�s. If Lend�r requ�r�s, Barr�wer shal!prom�tiy gi�e�o L�nd�r all r�ceipts�f paid premiums and
<br /> r�n�wa�no�ices. lf B�r�vv�►er abtains any t�rm of insurance cav�rage, nat atherw�se required by Lender,
<br /> fordamage to, ardestruc��an�f,�he Property, such�po�i�y shall in�lude a standard martgag�clause�nd
<br /> shall name Lender as mortgage�andlvr as an additional loss payee.
<br /> in the event vf I�ss, ��rr�wer shal! give pr�mpt natic�ta the �nsurance carrier�nd L�nd�r. L�nde�
<br /> may make proof of ioss if no�made pr�mptly by Borrower. Unl�ss Lender and Borrower othenNise agree
<br /> in wri��ng, any insurance proceed�, whether or not th� underlying insurance was r��uired by Lender,
<br /> shal�b�app�i�d to restoration or r�p�ir of the Prap�rty,if th�r�stvration ar repair is ec�r��mically feasibl�
<br /> and Lender's s�curi�y is not I�ss�n�d. Dur�ng such repair and restvratian period, Lender shall have�he
<br /> right to ho�d such insurance p��c��d� until L�nd�r has had an opp�rtuni� to insp�ct such Propert� to
<br /> ensu�e �he work has b�en compl���� �o L�nd�r's sa�isfacti�n, pr��ided �hat such inspect�an sh�ll be
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<br /> undertaken promptly. Lender may disburse prviceeds far�he r�pai�s and res�oratian in a single paymen�
<br /> or in a series�f progress paym�n�s as the�v�rk is comRieted. Unless ar�agreemen�is made in writing or
<br /> Applica�le La�r�quires interest�v be pai�or�such in�uranc�proc�eds, Lender shall r��t be requ�red to
<br />� pay Bor�-vw�r any in��rest or�arnin�s on such proc�eds. Fe�s f�r public ad�us��rs, ar ofiher t�ird partie�,
<br />� r��a�ned by Borrav�rer sha�! not b�paid aut af the insuranc�prvc�eds and shal! be the sal�oblig�tion of
<br /> Barrower. If the r�storati�n or r�pair is not ecanvm�cally f�asib�e or Lend�r's securi�y�v�uld b��essen�d,
<br /> the insurance pr�ceeds shall be applied ta the s�ms s�cured by this �e�urity �nstrumen�, whe�her ar
<br /> nvt�hen du�, wi�h the exc�s�, if any, p��d tv Bor�ow�r. Su�h insurance pro�e�d�shall be applied in th�
<br /> a�der pr�vided for in Sect�on 2.
<br /> l� ��rrawer abandons th� Prop�rty, Lend�r may file, negfl��ate and settle any available �nsurance
<br /> claim and r�lated ma�ers. lf Borrower does n��respond with�n 3�days t�a n�#ice from Lender that the
<br /> �nsuranc�carr�er has off�red�o se�t�e a claim, then Lender may nego�ia#e and s�ttfe the cl��m. The 3U-
<br /> day pe��ad w�ll begin when th� notic� is gi��n. In �ither ev�nt, ��if Lend�r acquires the P perty �r
<br /> Initia�s: � µ
<br /> NEBRASKA--Single Family--Fannie Mae1F'reddie!11lac UNtF�RNf INSTRUMENT Farm 3a28'�i�1
<br /> Ellie Mae,inc. Page 5 of 11 NEEDEED �3�5
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