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2� 1 ���928
<br /> L�AN#: 3�23432�61
<br /> or grour�d r�nts vn �h� Property, if any, an� �ommunity Associa�ivn Dues, Fees, and Assessment�, if
<br /> any. T�the extent th��these it�ms are Es�rvw Items, Borrower shal� pay therr� in th� mann�r p�a�id�d
<br /> in Secti�n 3.
<br /> garrower shail prompt�y discharge any �ien wh�c� has prior�ty �ver this Secu�ity lnstrument un�ess
<br /> �orrovr►er:�a}agrees in►n►riting fio the�aymer��af t#��o�ligation��cured by the lien�n a mann�r acceptabl�
<br /> tv Lender, but vnly sv fon�as B�rr�wer is per�vrming such agreemen�; �b}con�e�t�the ii�n�n go�d faith
<br /> �y, ar defends against�nforcem�n#��the li�n�n, lega�pr�oceeding�►�hi�h in Lender's�p��i�n�pera�e to
<br /> pr�v�n��he enforcernen��f the iien while#hose pr�c�edings ar�pending,�ut vn�y untif su�h proceedings
<br /> ar�canclu�ed;vr�c}secu�es from th�holder�f th�lien an agreem�nt sat�sfactary to Lendersubord�nating ;
<br /> #he lien to�his S�curity Ir��trument. If L�nder determines tha�any part�f fihe Pr�p�rty is�ubject ta a�ien �
<br /> �
<br /> ►nrhich �an a�ta�n pr�ori#y ���r th�s S�eurity Inst�ument, Lender may giv� Borrower a notice iden�ifyin�
<br /> the �i�n. 1Nithin 1 Q days�f the date on which that no#ic� �s�iven, B�rrower shal! satisfy#he lien ar tak�
<br /> on�ar more af the act�ons set farth above in �his Section 4.
<br /> Lender may requir� E3orrawer �o pay a on�-time �harg� fo� a r�al esta�� tax ver�f�cation andlor
<br /> r�por�in� ��rvice used by Lender in Gannection�n►ith th�s Loan.
<br /> �. Praperty Insurance.Borrow�rshall keep�he imp�ovements nawexisting orhereaft�r�rected on
<br /> the Property insur��d against lass�y fire, hazards�ncluded within the term"extended caverage,"and any
<br /> other hazards including, but nat limi�ed to,ear#hquakes and fl��ds,for wh�ch Lender require��nsurance.
<br /> This insurance sha�� be ma�ntained in the am�un�s��nc�uding deductibl�I�v�ls}and f�r�h�periads�hat
<br /> Lender requires. What Lend�r requires pursuan� fio the pre��d�ng s�n#ences can chang� dur�ng the
<br /> term of the Loan. The�nsurance carrier�ro�iding th�insurance s�a�! be chasen by Borrowe�subject to
<br /> Lender's right to d�sapprave gvrr�w�r's chvice,whi�h right shall n�t be�x�rci�ed unr�as�nably. Lend�r
<br /> may require �orrawer to pay, in connection wi�h �his Laan, either: �a} a ane-time charge far ftoad zone
<br /> d�termin��ion, c�rtification and�ra�king serv�c�s; or�b}a one-�im�charge for fload zone d�t�rm�nat�on
<br /> and certifi�ation senrices and subsequ�r�t c��rge�each��me r�mapping$or sim�lar changes occur►n�h��h
<br /> r�asonab�� might aff�c�su�h d�t�rminatian ar certification. Borrawer shal! a�so be r�sponsibl� for�h�
<br /> payment of any fee� imp�s�d by�the Federa� Emergency Managem�nt Agency in conn�ction with �h�
<br /> review�f�ny flvod �ane det�rmina�i�n resu�ting from an gbjectian by Borr�wer.
<br /> �f Borrawer faiis to ma�n#ain any af th� �overage� described abvve, Lender may obtain �nsuranc�
<br /> c�v�rag�, a� Lender's �pti�r� and Borrower'�expense. L�nder is under na o�ligafiion t� purchas� any
<br /> part��u�ar#ype or amoun�of�overage.Therefore, such c���rage sha�l�aver L�nder, �ut might ar r�night
<br /> no�pr���ct�arrawer, S�rrower's�qu�ty in th�Pfap�rty, ar�he conte�ts of the Property, ag�inst any risk,
<br /> hazard or liab�li#y and m�gh�provid�greater or I�sser coverage than was previou�ly in efF�ct. Barrower
<br /> acknaw�edges �hat the cost of the insuranc� c��erage so abtained might s�gnific�n��y �xceed �h� cos�
<br /> of insurance that Borrower cau�d have vb�ained.Any amoun�s d�sbursed by Lender under th�� Section
<br /> 5 shal� bec�me additi�nal debt af Bvrrov�►er s�cured by th�s S�curi�� �ns�rument. Th�se amounts sha�l
<br /> bear �nter�s� at the No�e ra�e frvm the date of diSbursemen�and shall b� payable, with such interest,
<br /> upon notice fr�m Lender to �3orrawer requesting �aymen�.
<br /> All insur��r�e�o��cies�equir�d by Lend�r and renewals a�such palicies shall be sub�ec#to Ler�der's
<br /> righ�t�disapprnve such poii�i�s, shal� �nclude a standard martga�e ciause, and shall nam� Lender as
<br /> mortgag�e andl�r as an additional Ivss payee.Lender shail ha��the right to ho�d the p���cies and r�n�wal
<br /> certifica��s. If Lend�r r�quires, Borrower sh�ll pramp�ly g�v�ta Lender all receipts of paid premiums and
<br /> renewa�notices. If B�rr�werob�ains any farm of insurance co�rerage, not otherwis�r�qui��d by Ler�d�r,
<br /> fordamage ta, o�d��truct�on�f,the Prop�rt�, such palicy shall inc�ud�a�tanda�d martgag�c�aus�and
<br /> shall name Lender as mortgage�andlor as an ad�i��anal Ioss payee.
<br /> fn the��r�nt�f I�ss, �arrawer shali gi�e prompt notice ta the insuranc�carr�er�nd L�nd�r. L�nder
<br /> may make pr��f of�oss if not made promptly by B�rrower. Unless Lend�r and Bvr�ow�r othenNise agr�e
<br /> �n wri��ng, �ny insurance proceeds, whether ar not #h� und�rlying in�urance �as requi�ed by Ler�der,
<br /> s�al!b�appl��d�o restorati�n o�repair of th�Praperty, if the restoratiQn or repai�is econam�cally fea��ble
<br /> and L�nder's securi#y is not lessen�d. During such repair and restorati�n per�od, Lend�r sh��l have th�
<br /> righ#to hoid such �nsurar�c� proc�eds until Lender has had an oppvrt�ni�y to ir��pe�t su�h Praperty to
<br /> �nsure the �►�rk has b��n compl�ted to L�n��r'� sat�sfacti�n, pravid�d tha� �u�h inspecti�n shal� be
<br /> un��rtaken pramptly. Lender may disbur�e prac�ed�forth�r�pairs and re�tora��an �n a sing�e payment
<br /> or in a series�f progress payment�as the�vork is�omple�ed. Unless ar�agreem�r�t�s rr�ade�n wr�tirrg or
<br /> Appl�cabl�Law r�qu�re�int�res�t�b�pa�d on su�h �nsuranc�proc�eds, �,ender shall n�t b��equired t�
<br /> pa}�Bvrro�n►er�ny interes�o�earn�ngson su�h pr�c��ds, Fe�sfnr�ubl����ju�ters, aroth�rthir�parties,
<br /> r�tained by gorrovver shall no#be paid aut of the insuranc� proceed�and shall be the so�e obligation of
<br /> Barrower. If the res�oration or rep��r is n�t���n�mic�lly f�asibl�or L�r��er's security wfluld b�I�ssen�d,
<br /> the �nsurance pr��eeds sh�l� b� appli�d ta �he Sums s�cured by �his �e�ur�ty In�trument, w��ther�r
<br /> nat then due, wit�the excess, �f any, �aid to Borrawer. Such insuranc� prvc��ds shal� �e applied in the
<br /> orde�pr�Uid�d for in Section �.
<br /> If Borrawer abandons th� Prvperty, Lender may fiie, n�g�tia�e and se�ti� any ar�ailable insuran��
<br /> c�aim and re�ated m��ers. If Borrow�r�oes na�respond vr►ithin 3�days to a n�tice fr�rr� Lend�r tha#the
<br /> insur�nc�car��er has offered ta s�ttle a claim, �h�n Lender may negatiate and settle th�claim. The 3�-
<br /> day period wi�l begin v�hen the noti�e is gi�en. In �ither�v�n�, �r�f Lend�r acquires the Praperty und�r
<br /> NEBRASKA--Singie Famil�--Fannie NIaelFreddie Mac LINIF�}RIIA�NSTRUMENT Form 3��8'�1��1
<br /> Eliie Mae, lnc. Page ��f�� NEEDEE❑ ❑3�5
<br /> NEEaEED�CLS}
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