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2� 17��338
<br /> , ! � - L�AN#:'�6D9 6Q959
<br /> " ' or round rents on the Pro e
<br /> 9 p rty,if any,and Cvmmunity Assoc�ation Dues,Fees,and Assessmen#s,if
<br /> any.Ta the exten#that these i#ems are Escrow Iterns,Borrawer shall pay them in the manner pro►r�ded
<br /> in 5ection 3.
<br /> Borr�vwe�shall promptly discharge any lien which has priori#y o�er this 5ecuri#y lnstrument unless
<br /> Borrower:(a}agrees in writing tv the payment of#he ahligation secured by the lien in a manner acceptable
<br /> ta Lender,but only so long as Borrower Es perfarming such agreemen#;�b}contests the lien in good fa�th
<br /> by,or defends against enfvrcement o�the lien in,lega!proceedings which in Lender's opin�on operate tv
<br /> pre�ent the enforcement of the lien vrrhile#hose proceedings are pending,bu#only until such prviceedings
<br /> are concluded;or�c}secures frvm the holder�fthe lien an agreement sa#isfactory tv Lendersubordinating
<br /> the l�en#o this 5ecurity�nstrument.�f Lender determines#hat any par�of#he Property is subject tv a lien
<br /> which can attain priority o�er th�s Security Ins#rument,Lender may give Borrower a notice identifying
<br /> the lien.Vllithin'10 days af the date vn which#hat notice is gi�en,Borrower sha�l satisfy the lien ar take
<br /> vne or mvre of fhe actions set forth above in this Section 4.
<br /> Lender may requ�re Borrower to pay a ane�fime �harge for a rea� estate#ax�erification andlor�
<br /> repvrting service used by Lender in connection with this Laan.
<br /> 5. Property Insurance.Borrowersha�!keep the impro�emen#s now existing�r herea�tererected on
<br /> the Property fnsured agaEnst Ioss by fire,hazards included wi�hin the term"extended co�erage,"and any
<br /> vther hazards including,bu�not Iimited#o,earthquakes and flaads,far which Lender requires insurance.
<br /> This insurance shall be maintained in the amounts(including deduc#ible Ievels}and for the periods that
<br /> Lender requires. Vl�hat Lender requires pursuant to the preceding sen#ences can change during the
<br /> term of the Loan.The insu�ance carrier pro�iding the insurance shall be chosen by Borrower subjeGt to
<br /> Lender's right to disappro�e Bor�-ower's cho�ce,which right shal�not be exercised unTeasanably.Lender
<br /> may require Borrower to pay,in�onnection with this Laan,eith�r:{a}a one�time charge fvr flovd zone
<br /> determinativn,cert�fica�ion and tracking services;or�b}a❑ne�time charge fo�fiood zvne determination
<br /> and certification services and subsequent charges each#ime remappings or sim�lar changes o�cur which
<br /> reasonably might affect such determination ar certifica#ion. Barr�wer shall also be responsib�e fvr the
<br /> payment of any fees imposed by#he Federal Emergency 1Vlanagement Agency En connec#ion wfth the
<br /> re�iew of any flood zone de#ermination resuiting fram an objection by Borrower.
<br /> Ef Borrawer�ai[s#o maintain any of the coverages described abo�es Lender may obtain insurance
<br /> coverage,at Lender's optian and Borrower's expense.Lender�is under no obligation to purchase any
<br /> particular type or amount of coverage.Therefore,such coverage shal!cover Lender,but might or might
<br /> nvt protect Borrower,Borrower's equiiy in the Property,or the conten#s of the Property,against any risk,
<br /> hazard o�-ltahility and might provide greater vr less�r�o�erage than was previously in eifiect.Borrawer
<br /> acknowledges that the cost vf the�nsurance cove�-age sv obtained might significantly exceed the cvst
<br /> of insurance that Borrower could have obtained.Any amoun#s disbursed by Lender under this Section
<br /> 5 sha11 become additional deht�f Borrower secured by#his Security Inst�ument.These amounts sha��
<br /> bear interest at the Nate ra#e�rom the date of disbursement and shal�be payable,with such fnterest,
<br /> upvn natice from Lender to Borrorrver r�equesting payment.
<br /> AI��nsurance palicies required by Lender and renewals of such pvlicies shall be suhJect to Lender's
<br /> right to disapprove such polic�es,shall include a standard mortgage clause,and shal�name Lender as
<br /> mortgagee andlor as an additional Ioss payee.Lender shall have the right to hvld the poiicies and renewal
<br /> certificates.lf Lende�requir�es,Borrower shali p�omptly giv�ta Lender a��receipts of paid premiums and
<br /> renewal nviices.If Bvrrovuer vbtains any form of�nsurance co�erage,nat otherwise requ�red by Lender,
<br /> for damage to,ar destructian of,the Properiy,such palicy sha��in�Iude a standard mvrtgage clause and
<br /> shall name Lender as mor#gagee andlor as an additionaI loss payee.
<br /> �n the e�ent of loss,Borrower shaII gi�e prompt notice to the insurance carrier and Lender.Lender
<br /> may make proof a�Iass if not made promptly by Borrower.Unless Lender and Borrower otherwise agree
<br /> in writing,any insurance proceeds,whether or no#the underlying insurance was requfred by Lender,
<br /> shall be applied to restaration or repair vf#he Praperty,ifthe restoration vr repair is economically feas�hIe
<br /> and Lender's security is not lessened.During such repair and restoration period,Lender shall have the
<br /> right tv hv�d such insurance proceeds untif Lender has had an oppar�unity to inspect such Property to
<br /> ensure the work has been completed to Lender's sa#�sfaction,provided that such inspection sha��be
<br /> undertaken promptly.Lender may dishurse prooeeds for#he repa�rs and restoration in a single payment
<br /> ar in a series af progress payments as the work is camp�eted.Uniess an agreement is made in writing vr
<br /> Applicable Law requires interest ta be paid on such insurance proceeds,Lender shal�nvt be required#o
<br /> pay Bvrrawer any interest or earr��ngs on such proceeds.Fees for pubiic adjusters,or other third parties,
<br /> re#ained by Borrawer shall nv�he paid vut ofthe insurance proceeds and shai�be the so�e obligat�on af
<br /> Bvrrower.�fthe restvratian or repair is not economically feasible�r Lender's security would he lessened,
<br /> the insurance proceeds shal�be applied#v the sums secured hy this 5ecurity Instrumen#,whe#her or
<br /> not then due,with the excess,�f any,paid to Borrower.Such�nsurance proceeds sha��be applied in the
<br /> arder pra�ided far in Sectivn 2.
<br /> If Borrowrer abandons the Property, Lender may file,negfltia#e and settle any available insurance
<br /> claim and re�a#ed matters.If Borrowe�does no#respvnd within 3�days to a notice from Lender that the
<br /> insurance carrier has offered to settle a cIaim,then Lender may negotia#e and settle the clai Th 30-
<br /> day period will hegin when the notice is given.In ei#her e�en#,vr if Lender acqu�res the P r
<br /> In�tials:
<br /> NEBRASKA-�Sing�e Family--Fannie MaetFreddie Mac UNIFaRM iNSTRUMENT Form 3028 1I01
<br /> Ellie Mae,Inc. Page 5 vf'�1 EEI7EED D395
<br /> NEEDEED{C�.S}
<br /> 'f 2127I2Q 9 fi(36;�3 AM PST
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