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2� 1 ��8���
<br /> LC3AN#: 163�17713Z
<br /> or ground rents on th� P�operty, if any, and Community Assoc�ation Dues, Fees, and Assessments, i�
<br /> any. Tv th�extent#hat th�se items are Escrow�tems, Barrower shall pay them in the manne�prv�ided
<br /> in ��ct��n 3.
<br /> Borro�rver sha�l promptly dis�har�e any�ien which has priority a�er this Securi�y Ins�rument unless
<br /> Borrow�r:�a}agr�es in w�ifiing tv�he payment o�the ob�iga�ion secured by the�ien in a manner accep�able
<br /> t�L�nder,but oniy so iong as Borrower is pe�formi�g such a�reement; �b}contests�he�i�n in good�ai��
<br /> by,o�defends aga�nst enfvrcement af�he lien in,legal�roce�dings which in Lender's opini�n operate ta
<br /> preven�the enforcemen�o�the iien whil�thase p�oce�dings are pendin�,but only un�il such proceedings
<br /> are conc�uded;or�c}secures�rvm t�e holder nf th�I ien an agreem�n�satis�actory to Lender su��rdinatin�
<br /> �he��en to thi�Sec�ri�y lnst�umen�. i�Lender determines tha�any par�vf the Property is subject�o a fien
<br /> whi�h can att�in privrity o�er this Security lnstrument, Lender m�y gi�e E�arrower a not�c� identifying
<br /> �he li�n. V1lithin 1�days of#he dat�on which that n�ti�e is gi�en, Borrower shall satisfy th�iien vr take
<br /> on�or more of the actians set farth ah��e in�his Sec�ion�4.
<br /> Lender may require Borrawer �o pay a ane-tirne charge for a rea! estate ta�x �e�-�f catifln andl�r
<br /> reporting service used by Lender in conn���ion with this Loan.
<br /> 5. Propertylnsurance.Borrowershai�keepthe impravem�nt�nawexisting�rhe�eaftererected on
<br /> the Property insured agains#Ioss by f re,h�zards included v��thin the term"ex��nded coverage,"and any
<br /> vther hazards including,but not fimit�d to,earthquakes and fl�ads,f�r vWhich Lender requires insur�n�e.
<br /> This insurance shall be main�a�ned in the amoun�s�incl�din�deduc�i�i�le�els}and for the p�riads�hat
<br /> Lender requi�es. Vllhat ��nder �equires pursu�nt ta the preceding sentence� can change during ��e
<br /> ��rm of�he Loan.The insurance carrier pr��iding the�nsuranc�shal! ��chasen �y Borrower subjec��o
<br /> Lend�r's righ�to disappro�e Borrow�r's�ha�ce,vWhich right�hali n�t b��xe�cised unreasvnabl�. L�nder
<br /> may require Borrower��pay, in connectivn with this Laan, either: �a}a vne-time charge�ar flvod zone
<br /> det�rminatian,cer���ication and�racking services;or�b�a one-time charge�or�Iood zane determina�ion
<br /> and certifica�ion senrices and subsequen#charges each time r�mappin�s or s�milar changes occur which
<br /> reasonab�y might affec�such d�t�rmina�ic�n or cer�ifica�ivn. Borrower shal� als� be responsib�l�for th�
<br /> paym��nt a�any��es imposed b�r the Federa� Emergency Managem�nt Agency in cannectivn w�th #he
<br /> r���e�nr of any flood zone determinatian resulting���m an objection by Borrawer.
<br /> If Borrower fails ta maintain any o�the co�erages described above, Lender may�bta�n ir�su�an�e
<br /> co�erage, at Lender's vptian and Bvrrower's expense. Lend�r is und�r r�o obiiga�ian �v purchase any
<br /> particula�type ar amount vf ca�era�e.Therefore,such c��erage sha�l ca�er Lender, hut might or migh#
<br /> no�pro�ect 8�rrower, B�rrower's equity in the Proper�y,or th�cvn�ents o�the Pr�per�y,a�ainst any risk,
<br /> hazard or liability and m�ght provide greater or�esser co�erage th�n was pre��ausly in effec�. Borrower
<br /> acknow��dges#ha��h�cvs#�f the i�suranc� coverag� so obtained might signifcan��y e�cceed�he cost
<br /> a��nsur�nce that Borrower eauld ha�e ob�ained.Any am�unts di�bursed by Len��r under this S�ction
<br /> � shali become additior�al de�t af Sarrow�r secured by this Secu�ity lnstrument. These am�unts sha�l
<br /> bear in�eres�a�the Not� rate �ram th� date of disbursemen�and shall h� payabie, with s�ch interes�,
<br /> up�n notice�rom Lend�r to Bar��wer requ�sting paym�nt.
<br /> A�I insurance polic�es requ�red by L�nder and renewals af such palicies shall be subjec�to Lender's
<br /> right�o disapproWe such p�licies, shall inc�ude a s�andard mortgage ciaus�, and sha�i name Lend�r as
<br /> mortgagee andlor as an addi��onal loss�ayee.Lender sha�!have the right�o hald the po�ic�es and rener�val
<br /> certifica�es. If Lender requires,Bo�rower shai!promptly gi�e�o Lender a�!receipts o�pa�d premiums and
<br /> renewal notices. �#gorra�er obta�ns any farm afi insurance coverage,�ot otherwis�requir�d by Lender,
<br /> �or damage t�,�r destru��ian of,�he Pro��rty,such po�iGy shaf� inc�ude a standa�-d m€�r�gage clause and
<br /> shall name Lender as martgage�andlor as an additivnal lass payee.
<br /> In�he e�ent af ioss, Borrower sha�l giWe prampt nv�ice to the in�urance carrier and Lender. Lender
<br /> may make praof of I�ss if n��made promp�ly by Borrower. Unless Lender and Borrower otherwise agree
<br /> in wr�ting, any insu�ance praceeds, whether o� not the underlying insurance was requ�r�d �y Lender,
<br /> shall be appl�ed ta restoratian or��pair vf the Prap�rty,i�th�restoration or repair is economically feasib�e
<br /> and Lende�'s s�curity is not lessened. During such re�air and resto�ation period, Lender�hall ha��the
<br /> right ta haid such insur�nce pro�eeds until Lender has had an vppor�unity�o inspect su�h Prnper�y to
<br /> �nsur� the rrvo�-k has been completed to Lender's satis�action, pr��ided that such inspe�tion shall be
<br /> undertaken prvrnptly. Lender may d�sburse prvCe�ds for the repairs and restorati�n�n a��ngle payment
<br /> �r in a serie��f pragr�ss payments as the�v�rk is completed.Unless an a�reement is made in writ�ng or
<br /> App���able La�rv requires intere�t to be paid�n such insu�rancs proceeds, Lender shalf not�e required t�
<br /> pay Borrawer any interest�r earn�ngs an such pro�e�ds.Fees for public ad�us�ers,or�ther third parties,
<br /> re�ained by Borrower shall not be paid out of the insuran��prviceeds and shall be the sale obligation of
<br /> Borrvwer. ff the rest�ra�ion�r repai�is not�conomically feasible or Lend�r's s�curi�y v�ould be��ss�ned,
<br /> �he insuran�e proce�d� shai� be appfied to the sums secured by�his Security Instrument, �rv���her a�
<br /> no�then due,w�th the excess, i�any, paid to Borrower. Such insurance proceeds sha1�be appiied in the
<br /> order pr�o�i�ed for in Section z.
<br /> �f Barrawer abandons the Pr�perty, Lender may f�le, neg�tiate �nd settle any avaiiable insurance
<br /> G�aim and related matters. If Ba���v�re�dves n�t r�spond wit�in 3�days to a n�tic�from L�nder�ha�the
<br /> insurance carrier has offered ta sett�e a claim�,then Lender may negQtiat�and se�tle the clair�n.The 3��-
<br /> day peri��will begin wh�n�he na�ice is gi�en. In either e�en�, ar i€Lender acqui�es the Prope d �r
<br /> t n�ti a l s• '�-----_. ....�...._.
<br /> NEBRASKA--Sing�e Famiiy--Fannie MaetFreddie�ac�NIF�RM INSTRtJIIAENT Farm 3�28'�1�'�
<br /> El�ie Mae,Inc. P��� �p f�'� . NEEQEED 4315
<br /> NEEC3EED��LS�
<br /> '�2115t2fl�C U?:33 AM PST
<br /> 1��'YY'iY#YI'�i
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