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2� 1 ��2��5 services and�ubsequent charges each time remappings or similar changes accur whieh reasonably might affect such determination or certification. Borrower sha11 also be responsi�le for the payment of any fees impnsed by the F�deral Emergency Management Ageney in connection with the review of any flaod zone determination resulting�'rorn an obj ec�ion by Borrawer. if Borrnwer fails to maintain any of the coverages described abo�e,Lender may obtain insurance co�erage, at Lend�r's option and Borrovver's expense. Lender is under no abligation to purchase any particu�ar type or amount of co�erage. Therefare, such coverage shal�co�er Lender,but mi�ht or might not pro�ect Borrower, Bor�rower's equity in the Property, or�he contents of the Property,against any risk, hazard ar liabili�y and might provide greater or Iesser co�erage than was previously in effect. Borrower ackuowledge�that the cost of the �nsurance ca�erage so obtained might significant�y exceed the cost of insuran�e that Borro�ver could have obta.ined. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower s�cured by this Security Instrument, These amounts sha11 bear interest at the Note rate from the date of disbursemen�and sha11 be payable,with such in�erest,upan nntice from Lender to Bonower requesting paymen�. A11 insurance policies required by Lender and renewals of such policies sha11 be subject to Lender's right to disappra�e suc�.po�icies, sha��inc�ude a standard m�rtgag�c�at�se,and s�a��name Lender as mortgagee andlor as an additionai 1as�payee. Lender shall have the right to hold the policies and renewal eertificat�s. If Lender requires,Borro�ver sha11 promptly giv�ta Lender a11 receipts of paid pr�miums and renewal notices. If Bonower obtains any form of insurance coverage, �ot otherwise required by Lender, far damage to, or destruction of,the Property, such policy sha11 include a standard mortgage clause and shal�name Lender as mortgagee andlor as an additional loss pay�e. In t�e e�ent of loss,Borrower sha��give prampt notice to the insuranc�carrier and Lender, Lender may make proof of loss if not made promptly by Borrawer.Unless Lend�r and Borrawer otherwise agree in writing, any insurance proceeds,whether or not the underl�ing insurance was requu'ed by Lent�er, shali be appl�ed ta restoration or repair of the Property, if t�e re�torati�n or repau-is economically feasible and Lender's security is not lessened. During suCh repair and restoration period, Lender shall ha�e the right to ho�d su�h�nsu�a�ce�roceeds�r�ti�L�nd�r has had an oppartunity to inspe�t such Propert�to ensure the work has been completed to Lender's satisfaction,pro�ided�hat such inspection sha11 be undertaken promptly. Lender may disburse proce�ds for the repairs and restoration�n a single payment�r in a series�f progress payments as the work is comp�eted. Unless an agreement is made in writing or Appli�able Law requires interes�to be paid an such insurance proc�eds, L�nder shall nat be r�quired ta pay Barrower any interest ar earnings on such praceeds. Fees for public adjusters,or other third parties,retained by Borrovver sha11 not be paxd out of�he insurance pro�ee�s and sha��be the so�e ob��gat�or�of Borrn�ver. If the restorat�on or repair is not economica��y feasible or Lender's security w�uld be�essened,the insurance proceeds shall be applied to the sums secured by this Security Instrument,whether�r not then due,with th�excess, if any, paid to Barrower. Such in�urance proceeds sha��be applied in the order pro�ided for in Section 2. If Borr�wer abandons the Praperty, Lender may file,negotiate and settle any available insurance claim and related matters. If Borrower does not respond within�D days�o a notice from Lender that the insuranc� carrier has�ffered to settle a clairri,then Lender may negotiate and settle the claim, The 34-d�.y period wi1l begin when th�notice is given. In�ither even�,or if Lender acquires the Property under Section�2 or atherwise, Barrower hereby assigns�o Lender(a}Borrow�r'�rights to any insurance proceeds in an amou�t not to exceed the amaunts unpaid under the Nate or this Security Instrument,and�b}any other of Borrower's rights(other than the right to any refund of unearned premiums paid by Borrower}under a11 insurance policies�overing the Property,insofar as such rights are appXicable to the co�erage of the Property. Lender may use the insurance praceeds either to repair or restare the Property or to pay amounts unpaid under the Note ar this Security Instrument,whether or not then due. NEBRASKA-Sir�gle Famiky-Fannie MaelFreddie Mac L1NIF�RM INSTRUMENT W1TH MERS Form 3428 1141 VMP� VMP6AtNE�[9302}A4 Waaters Kiuwer Fir�ancial Services Page 7 of 17 q�3353543�83 �233 358 �71�