2� 1 ��8119
<br /> L�3AN#: ��fi43958�'I
<br /> t�L�nder, but or�ly s€�long as B�rrower is p��f�rming such agr�em�n#; �b}c�n��ests#h�li�n in gaod fai�h
<br /> ��, or d�f�nds again�t enforcemen��f�he li�n in, I�ga!proc��d�n�s which �n L�r�der's�pinivn vpera��tv
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<br /> revent t�e enfar��ment of th��ien wh�le thos��ar�ce�d�n�s are pending, �u�an�y until such proceed�ngs
<br /> are co��lu��d; or�c�secur��from the holder�f the�ien an agr��ment sat�sfa�ta�y t�Lender sulaordir�at-
<br /> in the�i�n�a�his����ri�y fns�rument. �f Lender determines�ha�any par�of#he Pr�per�y is sub���t t�a
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<br /> lien which can atta�n priority nve�this Secur��y�ns#rumen�, Lende�may give Ba�rower a notice iden�ify�ng
<br /> th� I�en. 1ll�thin 1 U �ays of the date �n which th�t n�tic� i� given, Borrower shal! satisfy th� �ien �r�ake
<br /> �n��r more of the actions s�t farth above in this Sect�on 4.
<br /> 3. propert� Insurance. Borra�ver sha11 keep the impravement�n�w�xisting or hereafter�r�cted
<br /> on the Pr� � insur�d a�ainst Ioss by fire, hazar�s inc�uded w�th�n the term"extended cav�rage,"and
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<br /> an vth�r ha�ards including, I�ut not��m�ted ta, ear#hquakes and fiaods, f�orwh��h Lend�r requires insur�
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<br /> an�e.This�nsurance�ha��be maintained�n th�amoun�s�including deductibl�I�vels}and far�he peri�d�
<br /> tha�Lender�equires.V11hat Lend�r requir�s pu�suant to the p����d�ng sen�en�es�an change during the
<br /> t�rm of the Laan. The insuran�e carrier prvviding th� insurar�ce shall be chos�n b� Bvrrower�ub�ec�to
<br /> Lender's righ�to disapprove Ba�rower's chaice,which r�gh�shall not be exercised �nr�asonabiy. Lend�r
<br /> ma requ�re BorrQv�►'er to p��, in cvnn�ction wi�h this Laan, ei�her: �a} a �ne-�ime �har�e f�r fload �ane
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<br /> determir�ation, cer��fi�a�i�n and tracking servic�s; or�b} a one-��me cha�ge for fla�d zone de�ermina#�an
<br /> and certification s�rvices and subsequent char�es�a�h�ime�emappings�r similar chang�s a�cur�rvhich
<br /> reasanably might af�ec� �uch determina�ion ar c�rtifir,atian. Borrower sha�l also be r�spansibl� far the
<br /> a ment of any fees imposed by the Federal Eme�gency Management Agen�y in connec�ion with �he
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<br /> rev��w o�any flood zone determina�ion resulti�� fram an ob�ect�on by Borrower.
<br /> lf Borrower fai�s to maintain any af the cavera�es de�cribed abav�, Lender may abtain insuranc�
<br /> cov�ra e, at Lender's apt�on and B�rrower's �xp�n�e. Lender is under no obligation to purch�se any
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<br /> ar�icuiar pe or amaun��f c��rerag�.Ther�for�, such c�r�erage shal! �ov�r L�nd�r, but migh�or migh�
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<br /> nat r�te�t B�rrv�er, Borrower's equi'��n�he Pr�pert�, or�h�con#ents of�he Prope�t�1, against any �isk,
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<br /> h�zard or liabil��y and mi�h��rovid� gr�ater or lesser coverage�h�n was pr�viously in eff�c�• B�rrower
<br /> acknawiedges�ha��he c�s�af�he insuran�e coverag� sa obta�ne� m��ht�ign�ficantly �xc�e� the cost
<br /> a�insurance tha�Bvrrow�r could hav�alata�ned.Any amvunts�isbursed �y �.ender under�his Se���on 5
<br /> shall becam�additivn��debt vf Borro�rer sect�re�by�Mi�Security�nstrum�nt.Thes�amounts shall��a�
<br /> �nter��t��th� No�� ra�e fr�m the dat� of d�sb�r��m�nt an� �hafl be �ayabi�, with such interest, upon
<br /> notic�from L�nder�a Borrower re�uesting paym�nt.
<br /> A!I insurance pal�c�es req�ired by Len�er�nd r�ne�va�s of such pQiicies shall be sub�ect to Lender's
<br /> ri ht�o�isapprove su�h policies, shall inc�ude a �tandard mor�gage c�ause, and shall nam� Lender as
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<br /> mort a ee ar�dlor as an addtt�onal I�ss pay��. Lend�r shal�hav�the righ���hoid the po�ic��s and renewal
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<br /> certificates. if Lender requir�s, Borrawer sha�� pr��nptly giv�to Lender all reeeipts of paid prem�ums and
<br /> renewa� no�iG�s. �f Borro�rer abtains any form of�nsuranc�coverage, nat atheruv�se require� by Lender,
<br /> fvr dama e��, ar destruction of, the Prvperty, sucl� pviicy shall inclu�e a standard mortgage clause and
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<br /> shall nam� Lender as murtgage�andl�r as an addi��onal lass pa�lee.
<br /> �n the �ven��f 1oss, Borra�nre�shafl g�ve pr�mp�no�ice�v fihe insurance carr�er and Lender. L�ender
<br /> ma m�ke r�of of los�if not made prampt�y by Borrov��r. Unles�Lend�r and gorro�n►er ath�n►vise agre�
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<br /> in �ri�in �n in�u�ance prv��eds, whether ar not th� under���ng �nsurance was required b� Lender,
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<br /> sha�l Iv�a lied to res�arati�n or repair of th�P�aperty, if the restora�ion�r repa�r is ecanomica��y f�asible
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<br /> and Lend�r's se�uri�y �s no�iessened. During �uch r�pair and restaration p�r�od, L�nd�r shal� haWe the
<br /> �i h#�o hoid such in$uranc� praceeds un��i Lender has had �n oppvrtunity to �nspe��such F�roperty ta
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<br /> en�ure �he wark ha� �e�n cample�ed to L�nder's �atisfac�ion, p�ov�ded �ha� such �n�pe�tian shafl b�
<br /> under�aken ramp�ly. Lender may dis�urs� pr�ceeds�or the repairs and restorat��n in a single payment
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<br /> or in a series ofi rv�ress payments as the work is c�mplet�d. Unless an agreem�n�is mad��n wri��ng or
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<br /> A licabl�Law r� uires inte�est to�e paid on su�h insuran��prvice�ds, L�nd��shall nat be r��uired to
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<br /> a Borr��er an inter�s�o�earnings an such prac�ed�. F�es for publ�c adj�s�ers, ar oth�r third parties,
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<br /> retained b Borrower shal! n��be pa�d ou�o��he i�suran�e proc�eds and shall be#he s�le obligati�n �f
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<br /> B�r�vwer. if the res�orati�n or repai�is no�econnmica�ly feas�ble or Lend�r's�ecuri�y vvauld be l�ssened,
<br /> th�insuranc� roceeds shal�be applied to the s�ms�ecured by th�s Securi�y Ins#rum�n�,�rhe�h��or no�
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<br /> then du� with�he�xcess, if any, paid�a B�rr�wer.Such�nsuranc��raceed��hal1 I�e ap�lie�in the order
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<br /> p�ovided for in �ec�ion 2.
<br /> If Bo�rnw�r a�andor�s th�Property,Lende�may fi4e, n�ga�iate and set��e any a�railable insurance claim
<br /> and related matt+ers. If Borrvw�r daes n�t res�ond vvithin 3Q days�o a not�ce frorn Lender that the insurance
<br /> carrier has ofFered to��tt�e a cfaim, then Lend�r rn�y n�gotiate an� settie the cla�m. Th� 34-day perivd
<br /> wili b� in�h�n �he no�ice is�iven. ln either ev�n�, ar�f Lender a�qui�es�he Prap�rty und�r S�c�ion Z4
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<br /> or o�herwise B�rrower h�reby assigns t� Lend�r�a� Barrower's ri�hts to any �nsurance pr�ceeds in an
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<br /> am�unt not to��cceed the amounts unpaid unde��he Ma��or thi�Se�uri�y lnstrument, and �b} any vt er
<br /> of Borrowe�'s ri hts �oth�r than th� right to an� refund �f unearned premiums paid by B�rr�v�rer} under
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<br /> a�i insu�anc� olicies c�vering the Pr�perty, ir�s�far as such rights are appii�abie fia�he co�erage of the
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<br /> Pro e . Lender may use the insurance prviceeds either ta repair or restare the Praperty or to pay amounts
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<br /> unpaid under th� Note or this Security fns�rumer�t,whether or n�t�h�n due.
<br /> �. �3ccu anc . BQrrar�e� shall accu�y, establish, and us� th� Pr��erty as B�rr�v�er'$ principa�
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<br /> residence w��hir� �U days after the �xecutian �f th�s �ecur�ty Instrumen� and sha�1 confiinu� �v occupy
<br /> NEBRASKA—�ing�e Family—Fannie MaeiFreddie Mac UNIFC]RM iNSTRUMENT FQrm 3+Q�8'l!D'I ��
<br /> Modified for FHA 9l�4�4�HUD Handbvak 40Q�.�} �n�t����:
<br /> Ellie Mae,Inc. pag� 5 of�1 NEEFHA�5�E �9�5
<br /> NEEDEED�CLS}
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