2� 1 ��812�
<br /> LC7�N#: ��D11 fi 1���3140
<br /> o� g�ound ��nts an the Pr���r��, i��ny, �n� �ammu�it��ssociat��n ���s, ���s, and Ass�ssrr��n�s, if
<br /> any, T��he�xter�t tha��h�s� ��er�ns��e E�crow�tems, Borr�wer sh�l� pa��h��n� in�h� m�nn�r prv�ided
<br /> i n 5e�#�on 3.
<br /> Bflrrov�r�r���II �r�mp�l� di����r���n��lien which has pr�arit�r�rre��hi�Secu�i�� �r���rurn�nt unless
<br /> �vrr�wer:��}a�rees in v��i��n����h�payr�en��fthe�I���ga�i�r����ur��b�t�e���n in a manne�aGcepta��e
<br /> t�Lend�r, bu�or�l����ang���3�rr����i�p�rf�rmin�such�gr��rr���t; ��}�or���st�t}���ien��g��d fai�h
<br /> by,❑r����r�d��g���st�n��r�em�n��f�h����n�n,�egal�r�����ing��,�rhi��i�L�nd�r'�opinian�p�r����o
<br /> pr��er��t���n����e��r�t�f�he�i�n�h�le�hose��a��eed�ngs ar�p�n�i��,�u�ar�l�ur�t�l such p�����di��s
<br /> �r�co�c��a�e�;�r��}s��+ur�s f�v�t�e h�ld�r�f fi�e�i���n ag��e��en��ati�f�c�o�y�a Ler��er subo��ir��tin�
<br /> �he lie����hi��ecur����ns�rum�nt. I�L�r���r�d�term�nes�h����y p��t�f�he Pr����y�s sub�ec����I��n
<br /> whi�h c�n ���ain pria��i�� ���r��is �ect��i�� Ins��um�n�; Lend�e� �a� g��e ��rro��r a r��tice id�n�if�ing
<br /> the��en. lt�i��i� �������f��t�da��an�h��h�I�at nQ�iGe is�iver�, g��r���r�����sa��sf�t�� ii�n vr�ake
<br /> ���o�mar���th�actions����orth� a�a�re in��is 5ect�vn�.
<br /> L�nd�� may req��r�e Borr�a��er �� ��� a v�e-��me charge fo� � r��l esta�� t��c v�rifi�at�vn andla�
<br /> repo�ting service used b�L�r�d�r�n ��nne�ti��w�t�this L��n.
<br /> �. �rop�r�y�n�ur�n��.��rrower sha�l ke�p�he impro�er��n�s narn��xis�ir��or�e�ea�t�r e�ected on
<br /> the Property in�ured aga�nst�ass by����, hazards incLud�d�i�h�n th��erm"ex��r�ded coverag�,"ar�d�ny
<br /> a�h�r hazards i�cludin�,b+�t r��t limit�d#�}ea�th�ua�c�s and flao�s,far v�h���L�nde�re�u��es insur�nce.
<br /> T�is in�urance sh��l�e���n��i��� ir�the a�oun�s�inc�u�i�g ded�ctibl�I�v���}�nd for�the periods�h��
<br /> L�nde� requi�es. �Ih�t L.�n��� ��qu���s pursuant t� �he pre�ed�ng ��n���t��s can ���t�g� durir�g �he
<br /> ter�n of�h�La�n.T�e insuran��c�rri��provid��g t�e i�surance�h���b��h����r� ��B�rro�rer sub�ect to
<br /> Lender's r��h����i���pr�v����r��er's���ice,vr�hich right sh�l�r���b��x�rci���t�nr���a�ab��. L�r�aler
<br /> �ay r���ai���ar�ra�er�� ��y, ir� ���n�����n�rit�th�s Loan, ����e�: ��} ���e-�irr�e���r��f��flon���n�
<br /> d�termir�a�iar�, ���ifi���ior���d����kin� ��rv����; o��b}��ne-�im�����g�f��f���d zvne de��r�inat�on
<br /> �nd c�r�ificati��s�r�i�c��a�d�c�bs�����t��arg�s�ach�i��r��nappin�s���imi��r change�Q��ur����h
<br /> r��s�����y r�ni�h� a���� s��h de��rmina���n �������i��tion, ��rra���sha�� a�s� b� r�s�vn�ib��for�h�
<br /> paym�r��v°��n����� in�p���d by��� Fed�r�� Er�e�c�en�� �ar�a�e��r�����nGy ir� ���nn�G�ian�i�h �h�
<br /> r�view�f ar��flQ�d�an�d���r�i�a�ia� r��ul�in��rv� a� ab�ec�ian �y�3�rr����.
<br /> �f�3ar��►�r���a��s t���in���� �r�y ���h� ����ra�es d����i��d �bc�v�, L�end�r t�a� ab�ain in�u�ance
<br /> c�v��a��, �t Lend�r's o����n ��d ��rr����'s expe�$e. Len����s unde�n� ab�i���i�n �� pur���se any
<br /> pa�icu��r typ������un��f����r�g�.Th�re�are, such co��r����h�����v�r L�nd�r, bu��i�h�or m�gh�
<br /> nat prafiect Bo�ra�u�r, {��rrv�t��''��qu���in t�e Pro�e�#y,or�h��on����s o��he�ra��r�y,ag�ins�an}r��sk,
<br /> ��z�r��r�iabil��y and ��gh�����id���ea��r ar I�s��r�a�era�e�han�+ra�pr�uia����ir� effec�. Sorrv�ver
<br /> aG�n��rvl�d��s tha��he cqs��f�he insur�nc�c�ve�age s�abfiain�d mi����i�nif��ntly �xc�ed�he Gos�
<br /> of inst�rance that B��ro�►ver c�u�d ha�e vbtain�d.Any am�unts disbursed b��.ender under�his Sectian
<br /> � sh��� b��ame ��dition�i d�b��f Borro�e�s�cured by this Secu��ty Ins�r�un��n�. T�ese amo�r�ts snall
<br /> bear�n�erest at th� N�te r���f�am �he da�e of di�burs�m��n� a�d sha�l b� pa��b��, with such inte�est,
<br /> up�n noti�e�r�m L�r�d�r to��r�a��r r�questing paym�r��.
<br /> �I�inst�r�r�ce po���ies re�t�i��€���L�nder and ren��vals o���ch p�����e������b��u��ecf�a�ende�'s
<br /> right ta dis�p��a����a�h p�l�c���, ����I i����d�a s�and�r� r��r����e�laus�, a�� �h�ll n�me Lender as
<br /> mor�g�g�e�nd1����an a�di�ianal las��ay�e,Lende�shal�����the r°�g��tv�h���d the po��ci�s�nd renewal
<br /> c��#ifica���. �f L.�n��r req��r��, E3�r��r��r��al��r�mpt���i�e��L�nder al�recei����f paid prenniums an�
<br /> r�ne�r��natic��. !�E�a�rov�r�r��tai���r����r�a�i���rar�����o���ag�, nQ�����rv�ri�e r���ired b��.e��er,
<br /> f�r da��age t�, o�d�s��uc�i�r�o�,����r�per�y, suc�p�1ic�sh���in����������d�rd m�rtga���I�us�an�
<br /> s��i� ����Lender as m��t��g���r�df�►r���r� ad�itia�al io��p�ye�,
<br /> In��e�v��r��f I�ss, E��rro�re��h�ll gi���r�mpt n������v the i��u�an���ar�i�r��� L�nder L�nd��
<br /> may mak�proaf������i�n�t m����r�r�p�l�by Bvrro��r, �r��ess L��nd�r�n����rra�v�r oth��i�e�gree
<br /> in �vri�ing, �n� ��sur��c� p��c��ds, ����h�r a� no�the under���ng in�u��nce��� r��uir�� by �.end�r,
<br /> sha��be appi�ed��r���vr���v����epair�f the Pr�pert}�t i�the restor�ti���r rep�i�is econ����ally feasibl�
<br /> a�d Lend�r's se�u�i�}is na����s���d. Du�-i�g such r�pa�r and r��t�r����n p�er�o�; �.ende�shal� h�u�th�
<br /> �ight to l��ld such ir�sura��� �roc�e�s unti� Lend�er has �ad an �ppor�ur�it��� ins�p�ct such Prap�rty to
<br /> e��ure�h� ►�a�k ha� �een co€��leted ta Lender's satis�act��n, p�av�de� th�t such inspect�on sha�l b�
<br /> u�de�taken�rampt�y. L�nd�r��y dis�ur��proc�eds f�r th�repairs and r�s��r��iar�in a s�n���paymen�
<br /> or in a seri�s�f pr��r��s�p��n��r�ts�s th��o�k�s cample��d. L�n1�s�ar��c����m�n�is mad�i�wr�ting o�
<br /> App�icabfe La�r r�q�i����r���r��t to b�pa�d Qn suc��nsurance pro�����, Len�er s�a�l��t be r��uir�d to
<br /> pay Bor�Qwer�r�y�n�����t or��r�ir�g��r+��ch pro�eeds. F��s fi�r pub�i�a��us��rs,ar ot�er�hird parties,
<br /> re�a�ned��E��rra��r�hall n��b�p��d out vf�h�insur����e p��ce�d�an����II be�h�s�le ol�ligation af
<br /> �orraw��;�f the re��or��i�n�r����i�i�nv��conomically�ea�ible ar L�r���r'��e�urit���u�d b��essen�d,
<br /> �h� in�u�an�e �r�a�e�ds sh��� �� a�pl�e� t���e sums s�c�r�d b��his �e���it� I�s�rurr�ent, ����her or
<br /> not�hen�u�,�i�h�����cce��, if�r��, p�id t�B���v�re�. �uch ins�ranc�p�o��e�����11 be�ppli�d in the
<br /> ord���rQ�id�d�o�in �e�ti�n �.
<br /> If Borra�������d���t��e �'�v�ert�, L����� m���il�, �������te �nd s�t�l� �r�� a��il���� in��r�nc�
<br /> cla�m�r�d r��ated ma�����. If��r�a��r d���r�at respar���i�hir� �D�����o���t�ce frorn L��de��h�t�I�e
<br /> insur�n�e��rri��h����f�r�d fio s������c��irn,t�en L�n��r�ay n�go���fie an� �������1��clair�.T�e 3�-
<br /> day per��d�nril�be��r�v����t�� �o�i+����c�����. In either�����, �r i�L��d��a��uires t��Pr�Q�erty und�r
<br /> �n�ti�t�:
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