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2� 1 ��42 ser�ices and subsequent charges each time remappings or similar changes o�cur whi�h reasonably migh� affect such determination or cert�f cation. Borrower shall also be responsible for the payment af any fees imposed by the Federal Emergency Management Agency in connection with the re�iew of any flood zone determination result�ng from an abjection by Borrower. If Borrower fails to ma�ntain any of the co�era.ges described abo�e, Lender may abta�n insurance co�erage, at Lender's ap�ion and Borrower's expense. Lender is under no obligation to purchase any paz-ticular type or amount of co�erage. Therefvre, such co�erage shall caver Lender, bu�might or might not protect Barrower, Borrower's equity in the Praperty, or the �ontents of the Property, agains� any risk, hazard or liabiiity and might pro�ide greater or lesser �overage than was pre�iausly in effect. Borrower acknowledges that the cost of the insuran�e co�erage sa obtained might s�gnificantly exceed the cost of insurance that Borrower cvuld ha�e obtained. Any amoun�s disbursed by Lender under �his Section 5 shal� become addi�iona� debt of Borrower secured by this Security Instrument. These amounts shal� bear interest at the Nate rate from the date of disbursement and shali he payable, with such interest, upon noti�e from Lender to Borrower requestirig payment. All insuran�e policies required by Lender and renewais vf such po�icies shall be subject to Lender's right to d�sappro�e �uch policies, shall include a standard mortgage clause, and shall name Lender as mortgagee andlor as an additional loss payee. Lender shall have the right to hold the policies and renewal certiFcates. If Lender requ�res, Borrower shall promptly give to Lender al� receipts of paid premiums and renewal notices. If Borrawer abtau►s any form of insurance co�erage, nat otherwise required by Lender, for damage �o, or destru�tion of, �he Property, su�h policy shall include a standard mortgage clause and shall name Lender as mvr�gagee andlor as an additionalloss payee. In the e�ent of loss, Borrower shall give prompt not�ce to the insurance carrier and Lender. Lender may make proof of loss if not made promp�€y by Borrower. Unless Lender and Borrower atherwise agree in writing, any insurance praceeds, whether or not the underlying �nsurance was required by Lender, shall �e applied to restaration or repair of the Praperty, if the restoration or repair is econamically feasib�e and Lender's security is not lessened. During such repair and res�oration period, Lender shail have the right to hold such insurance prviceeds un�il Lender has had an opportun�ty to inspect such Property to ensure the work has been comp�eted to Lender's satisfact�on, pro�ided that such inspec�ion sha11 be undertaken promptly. Lender may disburse proceeds for the repairs and restorati�n in a sit�gle payment or in a series of progress payments as the work is completed. Un�ess an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender sha�l not be required �a pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by Barrower sha11 no�be paid out of the insurance praceeds and shal�be�he sole obligatian af Borrower. If the restoration ar repair is not economi�a�ly feasible or Lender's se�urity wvuld be lessened, the insurance proceeds shall be applied to the sums secured by th�s Se�urity Instrument, whether or not then due, with the excess, if any, paid to Borrvwer. Such insurance proceeds shall be app�ied in the vrder provid�d for in 5e�tion 2. If Borrower abandans the Property, Lender may file, negotiate and settle any a�atlable insurance claim arid related matters. If B►orrawer does not respond within 3D days to a noti�e from Lender that �he insurance carrier has offered to settle a claim, then Lender may negotiate and settle the claim. The 30-day period wi�1 begin. when �he notice is gi�en. In either e�ent, or if Lender acquires �he Property under Section 22 or atherwise, Borrower hereby assigns tv Lender (a}Borrower's rights to any insuran�e proceeds in an amount not tv exceed the amourits unpaid under the Note or this Security instrument, and (b} any other of Borrvwer's rights ��ther �han the right ta any refund vf unearned premiums pa�d by Borrower} under alt insurance policies covering the Proper�y, insofar as such rights are appli�able to the ca�erage of the Property. Lender may use �he insuran�e proceeds either to repair or restore the Property or to pay amounts unpaid under the Nate or this Security Instrument, whether or na�then due. 007124354U56 Citibank 3.2.1�?.9 2 V2 NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIF�RM IN5TRl1MENT WITH MERS Form 30�8 1101 VMP� VMPBA{NEy{13�2j.OD Wvlters Kluwer Fn�n�iaf Services �9s��