Laserfiche WebLink
2� 1 ��8797 <br /> acceptable to Lender,but only so Iong as Barrov�er is perfarming such agreemen�; (b�contests the lien <br /> in good faith by, or defend�against enf�rcemen�of the lien in,legal praceedings v�hich in Lender's <br /> opini�n operate tv prevent the enfarcement af the Iien while�hase pr�ceedings are pending,bu# <br /> ' only until such proceedings are concluded; or�c}secures from the halder of the�ien an agreement <br /> satisfactory to Lender subordinating the lien to this 5ecurity Ins�rument.If Lender de�ermines that any <br /> part of the Property is subject to a�ien vwhich can attain priority o�er this Security Instrument,Lender <br /> may�ive B arrov��r a notice iden�ifying the lien. �]Vithin 1�days of the date on which that notice is <br /> gi�en,Borrower sha�l satisfy the li�n ar take ane or more of the ac�ions set forth ahove in this Secti�n <br /> 4. - <br /> �. P rape rty 1 ns u ra n ce. Borrower shall keep the improvements now exist�ng or hereafter er�cted <br /> � an the Property insured agains�Iass by fire,hazaxds included v�ithin the term "extended coverage," <br /> and any other hazards including,but not 1imi�ed to, earthquakes and floods, for which L�nder requires <br /> insurance.Th�s insurance shall be maintained�n the amounts�including deductible le�els}and for <br /> the per�ads tha�Lender requires. �hat Lender req�uires pursuant to the preceding sen�ences can <br /> change during the term�f the Loan. The insurance carrier providing the insuran�e sha11 be chosen by � <br /> Borrower subjec�to Lender's right to dzsapprave Borrower's ch�ice,which right sha11 not be exercised <br /> unreasonably.Lender may require BorrovWer to pay,in connection v�ith�his Laan, either: (a�a one- <br /> time charge for flood zone determinati�n,certification and tracking services; or(b�a❑ne-time charge <br /> for flood zone determination and certification services and subsequent charges each time remappings <br /> or similar changes occur vwhich reasonably might affect such deterrninativn or certif cation.Barrower <br /> shall alsa be resp�nsible for the payment af any fees impvsed�y the Federal Emerg�ncy Management <br /> Agency in connectian�vith�he revievv of any flood zone deterrnination resulting fram an objection�� <br /> B orro�ver. <br /> If Borrower fails ta maintai�any of the covera�es described abave,Lend�r may abtain insurance <br /> ,co�erage, at Lender's option and Borrower's expense. Lender is under no obligation t�purchase any <br /> particulax type or amount�f cov�rage. Therefore,such co�erage sha11 co�er Lender,l�ut might�r <br /> might not protect B orrovW�r,B orro�ver's equity in the Prop�rty, or the contents of the Proper�y,against <br /> any risk,hazard or 1ia�ility and might pravide greater or lesser�overage than vvas pre�ious�y in effect. <br /> Borr�wer acknov�ledges�hat�he cast of the insurance�o�erage sa obtain�d might s�gnifxcantly exceed � <br /> the cost of insurance that Borrower could ha�e flbtained.Any amounts disbursed by Lender under <br /> this Sectian 5 shall become additional debt of Borrower secur�d by�his Security Instrumen�. These � <br /> amounts shall b�ar in�erest a�the No�e rate from the date of dis�ursement and shali be payab�e,with <br /> such interes�,upvn notice from Lender to Borrower requesting payment. <br /> All insurance policies required by Lender and renewals�f such policies sha11 be subject to Lender's <br /> right to disapprove such policies, sha11 include a standard mar�gage�Zause, and shall name Lender <br /> as mor�gagee andlor as an addi�ianal lnss payee.Lender shall have the right to h�Id the p�licies and <br /> renewal certificates. If Lender requires,Borrower shall pramptly gi�e�o Lender all receip�s of paid <br /> premiums and renewal notices. If Barrower obtains any farm of insurance cavera�e,no�oth�r�vise <br /> required by Lender,for damage ta,vr destruction of,the Property, such pol�cy shall include a standard <br /> mor�gage clause and shall name Lender as rnortgag�e andlor as an additi�nal loss pa}�ee. <br /> Hc��-oo�a3 24�88256�6212 <br /> �HA❑eed of Trust-NE 913�l���4 <br /> Bankers Systems�'VM Pffi� , 1�I�5 <br /> Wolters Kluwer Financial 5ervices Z01612"Ig'55.3.2.35�9-J2D1fiD721Y Page fi of�6 <br /> � � <br />