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<br /> 5. Prop�rty �nsurance. Borrower shall keep the improvements now e�isting or hereaf�er erected �n the
<br /> Property insured against loss by fire, hazards included within the terrn "extended co�erage," and any other hazards
<br /> includ�ng, but n���imited to, ear�hquake�and flo�ds, for which Lender requires insurance. This insurance shal�be
<br /> maintained in the amaunts ��ncluding deductible 1e�els} ar�d for the periods that Lender requires. What Lender
<br /> re�uires pursuant t�the preceding sentences can change during the term�f the Loan. The insurance carrier pro�iding
<br /> �he insurance sha11 be chasen by Borrvwer subject to Lender's right to disappro�e Barrower's+choice,vWhich ri�ht shall
<br /> na�be exercised unreasonably. Lender may require Borrovver ta pay, I17 C�I7�"leC�lUI7 VVIt�'l��'l15 La�t7, e�ther: �a}a one-
<br /> time charge for flood zone deter�ninatian, certification and tracking ser�ices;or�b}a vne-time charge f�r f1�od zone
<br /> de�ermination and certification ser�ices and subsequent charges each�ime remappings or similar changes occur�hich
<br /> reasonably might affect such determination or certification. B�rrov►ler sha11 alsfl be responsible for the payment of
<br /> any fees �mposed by the Federa� Emergency Management Agency in connection vWith the rev�ew�f any flood zone
<br /> determination resulting fir�m an ob�ec�ion by BorrovWer.
<br /> If Borrov��r fails ta mainta�n any of the co�erages descrxbe�abo�e, Lender may ob�ain insurance coverage, a�
<br /> Lender's aption and Borrower's expense. Lender is under no obligation�o purchase any part�cular type or amount
<br /> of ca�erage. Therefore, such co��rage shall co�er Lender, bu�might or might not protect Borrov�er, Borrower's
<br /> equity xn the Property, or th�contents�f the Property, against any risk, hazard or liabilit}� and might provide greater
<br /> �r lesser ca�erage than was pre�iously in eff�ct. Borrov�er ackn�wledges�hat the cost�f the�nsuranc�caverage so
<br /> abtained�night sign�ficantly exceed the cost of insurance that Borrower could hav�obtained. An}�amounts disbursed
<br /> �y Lender under�his Section 5 shall become additional de��of Borr�vWer secured by this Security Instrumen�. These
<br /> amounts shall bear interest at�he Nflt�rate from the date af disbursement and sha�l b�payable, with such in�erest,
<br /> upon notice from Lender ta Borrower requesting payment.
<br /> All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right ta
<br /> disappro�e such p�licies, shall include a standard mortgage clause, and sha11 name Lender as�nortgagee andlor as an
<br /> additi�nal loss payee. Lender shal�have the right ta hald the policies and renewal certif cates. If Lender requires,
<br /> Borrower sha11 promp�ly gi�e to Lender all receipts of paid prem�ums and renevWal notices. If Borrawer obta�ns any
<br /> form of�nsurance co�erage, not�therwise required b}�Lender, for damage to, ar des�ructi�n of, the Praperty, such
<br /> pal�cy shall include a standard mor�gage claus� and shal� narne Lender as mor�gagee andl�r as an additional �oss
<br /> payee.
<br /> �n the even�of 1nss, Barrower shall gi�e prompt notice to the insurance carrier and Lender. Lender may make
<br /> proof of lass if not �nade prornpt�y by Bvrrower. Unless Lender and Barrower othervvise agree in vWriting, any
<br /> insurance proceeds, whether�r not the underlying insurance was re9uired by Lender, sha�l be app�ied ta restaration
<br /> or repair�f�he Proper�y, if the rest�ration or repair is economical�y feasible and Lender's secur�ty is not]essened.
<br /> During such repa�r and restoration period, Lender shal� have the right to hnld such insurance proceeds un�il Lender
<br /> has had an oppartunity to inspect such Property �o ensure the work has been completed to L�nder's sat�sfactivn,
<br /> pro�ided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the r�pairs and
<br /> restaration in a single payment or in a series of progress payrnen�s as the work is comple��d. Unless an agreement �
<br /> is made in writing ar Applicable Law requ�res �nterest tv be paid on such insurance proceeds, Lender sha11 not be
<br /> required to pay BorrovWer any interest or earnings on such�aroceeds. Fees for pubiic adjusters, or o�her third parties,
<br /> retained b}� Borr�wer shall not be paid ou�of the insurance proceeds and sha11 be the sole obliga�ion af BarrovWer.
<br /> If the res�ara�ian ar repair is not economically feasible or.Lender's security wauld be lessened,the�nsurance praceeds
<br /> sha�l be applied to the sums secured by this Security Instrumen�, whether or not then due,with the excess, if any,paid
<br /> to Borr�wer. Such insurance proceeds shall be applied �n the �rder provided for in Sec�ion�.
<br /> If BorrovWer abandons the Property, L�nder may fil�, ne�otiate and settle any a�ailable insurance claim and
<br /> relafed matters. If Borrower does na�respond withi.n 3� days tv a no�ice from Lender that�he insurance carrier has
<br /> offered tv set�le a claim, then Lender rnay negotiate and settle the claim. The 3�-day periad will begin when the
<br /> no�ice is gi�en. In ei�her e�ent, or if Lender acquires the Praperty under Sectivn�1 or a�herwise, Borr�wer hereby
<br /> assigns to Lender�a}BorrovWer's righ�s ta any �nsurance proceeds in an amount n�� to exceed the amaunts unpaid
<br /> under the 1Vv�e or this Securi�y Instrument, and�b}any other of B�rrawer's rights�other�han the righ�to any refund
<br /> of unearned premiums paid by Barrower�under all insurance policies co�ering the Proper�y, insvfar as such rights
<br /> NEBRASKA-Single Fami�y-UNIFORM INSTRUMENT . pacfl�l��lc
<br /> M�aIFIE❑ F�R DEPARTMENT �F VETERANS AFFAlRS - MERS www.docmagic.com
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