Laserfiche WebLink
2� 1 ���723 <br /> given, B�rrower sha11 sa�isfy the�i�n or�ake�ne or r.�.ore of the acti�ns s�t�orth abo�e�n this Section <br /> �. <br /> Lender�ay requ�re Boa-r�ow�r ta pay a ane-time�h�.rg�far a rea�estat�t�x verifica�iar�a�dlor <br /> re�ortin�service use�by Le�der in conne�ti4n with�h�s Loan. <br /> 5, Pro�erty �nsurance. �orr�wer sha�1 ke���ie ��rnprovem�nts naw exis�ing or�erea�fter�re�ted <br /> on the Pr�perty insured against l�ss by f�re,ha.�ards includ�d w�thin th�ter�n "exter�ded cave�a�e," <br /> and any�th�r hazards including,b�t n�t limited ta, ear�hquake�and flQods, for which Lencier requires � <br /> insurance. This�nsurance shall be ma�ntained in the amounts (includ�r�g deductible levels�and for <br /> the periods that Lender requires. Wh�t Lender requires purs�ant t�the precedi�.t�.g sentences can <br /> chan�e during the terrn of the Lvaxi. The insuraence carrier provid�ng the�nsurance shall be chosen by <br /> Borrower subject to Lender's right tv disapprove Borrawer'�ch�ice,whi�h ri�ht sha11 r��t be�xercised <br /> unreasonably. Lender may req�ire�orrower ta pay� �n�onnec�ion wi�h th�s L��n, either: (a}a�n�- <br /> time charge f�r flood z�ne d�terminativn, c�rtificat��r�and tr�ekin�ser�i�es;or���a on��-time charge <br /> far fl�od zone determination and cer�i�cation s�r���es an�subsequen���arges each tim.�rerr�appin�s <br /> or s�milar changes occu�vvhich reasonably might affect suc�d�terrr�in�.tiQn or certi�"ication. Borrawer <br /> shai�also be responsible for the paymen�of any fees imposed by t�ie Federal Eme�gency Management <br /> Agency in.connectian with the re�iew af any fload zone determination resulting from an objection by <br /> B orrower. <br /> If Barrower fai�s to maintain any af the co�erag�s describ�d above,L�nder may obtain insurance <br /> ca�erage,at Lender's op�ion and Borrvwer's��pense. Lender is�der n��1�ligatian to purchase an� <br /> particular type or aamount of coverage. Therefore, such coverag� s�all�o�er L�nder,but might vr <br /> m�ght not protect�orrower,Borrawer'� equity in the Pr�perty,�r the�ontents of th�Pro�erty,against <br /> any risk,hazard or liability and might pravide gr�ater or lesser�overage than w�s prev�ou��y in effect. <br /> Bvrrower acknowledges that the co�t of�he insurance co�erag�so vbtained mi�ht signifiGan�ly exc�ed <br /> the Gost of insuran�e that Borrower cauld ha�e Qbtained. Any�.mounts d�sbursed by�ender under <br /> this Se�tion 5 sha11 become additiona�debt of Borxower secured by this Security Instrument. These <br /> amvunts sha�1 bear interest at the No�e rate from tlae dat�of disbursement and shall be payable, with <br /> such interest,upan nvtice from Lend�r to B�rrower r�questing pay�nent. <br /> A�1 insurance p�l�c�es required�y L�nder and re�.ewals of�uch poli�ies shal�be subj e�t t�L�nde�-'s <br /> right to disappro�e such po�icies, shal�includ��standard m�rtgage c�ause, and sha11 r�arr�e L�nc�er <br /> as martgagee andlor as an additional los�pay�e. I�ender sha11 have�he right�o h�ld th�p�l�cies and <br /> renewal cer�i�cates. If L�nder requ�res,Barrower sha�1 promp��y gi�e�o Lenc��r a�1 receipts of paid <br /> premiurns and renewal notices. If Borrower obtains any f�rm of ir�suranee caverage,not�th�rwis� <br /> required by Lender, f�r damage to, �r destruction of,the Praperty, such�olicy shall includ�a standard <br /> mflrtgage clause and sha�1 name Lender as martgagee andlor as an additiar�al loss payee. <br /> In t�e event af loss,Barrowe��sha�l give prampt nutice��the insuranc�carrier and Lender. Lender <br /> may rn�ke proof o�1Qss if not made pr�rnptly by�orrower. �Jr�less Lender and B�rrower otherw�se <br /> agr�e�.n�vriting, any insura�nce proceeds�whether or n�t the underlying insurance was required <br /> by Lender, shall be applied to restoratiun�r repair af th�Frvp�rty, if the res�oration ar repair is <br /> �conomical�y feasible and Lender's secur�ty is not le�s��ed. I3uring such repair axld r�storati�n period, <br /> Lender shall have the right t�hold such insuarance pr�ceeds until Lender has had an oppor�un.ity tv <br /> inspect such Property to�nsure the wvrk has been G�r�pleted to Lender'� satisfacti�n,pro��ded that <br /> such�ns�ect�on sha11 be undertaken prornptly.L�nder may dis�urse proceeds for the repairs and <br /> restoration in a single payment ar in a series of progr�ss payments as the work is c�m��e��d. Ur�less � <br /> � <br /> � <br />� <br />� . <br />� Sfl25TT40fi1 <br /> NEBRASKA-5ingle Family-Fannie MaelFreddie Mac�1NIF�RM lNSTRUMENT Form 302811�1 <br /> VMP�] � �412fl1 fi <br /> Wvlters Kluwer Financi�l Services 2a1 fi�9�3'i fi.1.3.3821,,J2fl1 fi0fi1 fiY Page fi of 1 fi <br />