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� 2� 17� 1582
<br /> �,�AN#: '�f�181191
<br /> or g�ound rents on the Property, if any, and Cammunity Assoc�ati�n Dues, Fees, �nd Assessments, �f
<br /> any. T�the extent that these items are EscrovW Items, Borrow�r sha�l pay them in��e manner pr�vided
<br /> �n Se�tion 3. �
<br /> �
<br /> Bflrrower shali pr�mpt�y discharge any �ien which has priority over this Secu���l Ins�rument unless
<br /> Bor�ower:�a}a�re��in writ�n�to the paym�n�of the ob�igation se�ured by�he�ien in�manner accep�abl�
<br /> to Lender, but only sa long as B�rrower is p�rformFng such agreem�nt, �b}�antest�lthe iien in gaod faith
<br /> by, ardefends againstenforcementofthe lien in, legal pra�e�ding�which in L�nde��'s apinian operateto
<br /> pre�ent th�enf�rcem�n�af the lien vUhile those pro�eedings are pending, but an�y ur�til s�ch proceedings
<br /> ar�cancfuded;�r�c}secures fr�m th�ho�der afth�lien an a�reement sa��s�ac�ory to�.ender subard�nating
<br /> the li�n �o this Secur�ty Instr�m�nt. If Lender d�t�rmines that any part�f th� Pr�pe�ty is subject t�a�ien
<br /> which Gan attaEn priority o��r this Security Ins�rum�ent, Lender may gi�� B�rrow�� a nofiice identifying
<br /> the lien. Vllth�n 1 U d�ys of the dat� on which that notice ts given, Borrower sha�! s�t�s�y the Iten �r tak�
<br /> ane vr mare af the act�vns set forth abave in �his S�ctian �.
<br /> Lende� may requir� E�a�ro�uver �a pay a �ne-�im� cha�ge f�r a rea� ��tate t�c ve�if��ation andlor
<br /> reporting service used by Lende�in connec���n�vith th�s Loan. �
<br /> 5. Pro e Insurance.Bo�ra�v�r shal�keep�he impro�ements naWv existing a�h�reaft�r erected an
<br /> p rtY �
<br /> the Praperty insured agains�loss by fire, hazards�ncfud�d w�thin the t�rm"extende�cav�rage,"and any
<br /> ather hazards incEud�ng, but not limited to, earth�uakes and fioods,for which Lender requi��s insurance.
<br /> This insuran�e shall be maintained �n the amounts �inc�uding deducti�ale I��eis} ar�� for the p�riads tha�
<br /> Lender requires. What L�nd�r requ�res pur�uant to the preceding sen�ences c�� chan�e during the
<br /> term�f the Loan. Th� insurance car�ier pra�iding th� insuranc� shall be chasen b�y� Borr�w��subject to
<br /> Lender's righ�to disappr��e Borr�wer'�choice, which right shafl not be�xercised unreasonably. L�nder
<br /> may ��quir� Borrower�o pay, �n cannecti�n with thEs Loan, eithe�. �a} a �ne-�ime arge�or f�ood zane
<br /> determination, certification and��acking service�, �r�b} a one-tim�charge fo�floa zone determinatian
<br /> and cert�ficatian senrices and subsequent charges each time remappings or simila� hange�occurwhich
<br /> r�aSonably m�ght affect such determ�nat�on or certif�cation. Borrower sha�l also b respon�ible f�r the
<br /> payment of any fees imposed by th� Federal Emergency Management Agency �r� conn�cti�n with the
<br /> revi�w v�any f�ood zone determinatian �esulting fram an ob�ec��on by Borrvwer.
<br /> �
<br /> I�Borraw�r fails to ma�ntain any af the ca�erag�s descri�ed ab�ve, Lender ay �btain insuranc�
<br /> co�rerag�, at Lend�r's option and Bor�awer's expense. L�nde� is und�� na o�lig� ian to purchase any
<br /> part�cula�type or amaunt af c�verage. The�e��re, such coverage sha1�cvver Lend r, �ut might or m�ght
<br /> not prat�c�Ba�rvwe�, Ba�rawer's�qui�y in�he Pr�perty, �r the contents o�the Prop�rty, aga�nst any risk,
<br /> haza�d or liability and might provide greater vr lesser caverage than was previ�us�� �n eff�ct. Borrow�r
<br /> ackn�vvl�dg�s�hat the c�st of the insuranc� ca�erag� sa vbtaine� might signifi ntly exceed �he cost
<br /> of�nsu�anc� that Barrower could have o�tained.Any amounts disbursed by Lend r under this Se�tion
<br /> 5 shall b�com� additi�nal d�bt of Barr�w�r se�ured by th�s Security In�trumen�. hese amounts shall
<br /> bear int�rest at th� Note rate f�am �he date of disbur�emen� and shall be payab��, with such interest,
<br /> upon noti�e �rom Lender tv Borr�wer request+ng payment. �
<br /> AI� insurance pal��ies required by Lender and renewals of such policies shall b subject�o L�nder's
<br /> right ta disapprove such palic�es, shall inc�ud� a s�andard martgage c�aus�, and , hai� nam� L�nder as
<br /> martgageeandlorasan additiana�lass paye�.Lend�rshall haveth��ightta hold�h p�lici�s and renev�al
<br /> certifica�es. If Lender re�uires, Barrawer shall promptly giv�to Lender all re�eipts� f paid premiums and
<br /> renewal notices. �f Bo�rawer vb#ains any farm nf insurance�overage, no�oth�rwi� ��quired �y Lender,
<br /> far damag�to, �r destruction�f, the P�o�erty, such p�licy shall inc�ude a standard�ortgag�clause and
<br /> shall name Lender as mor��agee andlar as an additional �oss payee.
<br /> In the�vent of iass, 8orrawer shal� �ive pram�t notice to th� insuran�� �arri� and Lend�r. Lend�r
<br /> may make proof af loss if not made promptly by Bnr�-ow�r. Unless Lender and Bor� w�r otherwise agree
<br /> in w��ting, any insu�ance praceeds, whe�h�r or nat the underlying insurance w required by Lender,
<br /> shall�e applied�o restorattan or re�air of th�Prape�ty, �f the restorativn or repair�sj conom�cally feasib��
<br /> and L�nd�r's security is not I�ssened. ❑uring such repa�r and restoratian period,� �nd�r�hall hav�the
<br /> �ight�� hald such �n�urance proc��ds until Lender has had an oppartuni� ta in� ,ect such Property to
<br /> ensure the work has �een compl�te� to Lender's satisfaction, pro�ided that su ins�ecti�n �hall be
<br /> und�rtaken promptly. L�n���may dislaurse proceeds for the repairs and restorati� in a single payment
<br /> or in a ser�es a�prog��ss payments a�the vira�k�s com��e��d. Unless an agreem� �s made in w��ting or
<br /> Applicable Law require�interest t�b�pa�� an su�h insu�anc�proceeds, L�nde�� al! not be r�quired to
<br /> pay Bvrrawe�any interest or e�rning�on su�h proceeds. Fees�or publi�adju�ters,,or a�her third part�es,
<br /> retair�ed by Borrower shall not b� paid aut of the insurance proceeds and shall b�,th�sole obl�gation �f
<br /> Borrow�r. !f the restorati�n or repair is nat�con�mically feasibl�or Lender's s�curi w�uld be iess�ne�,
<br /> �he insurance proceeds shall be applied t� th� sums secured by �his Security In t�ument, whether or
<br /> not then due, �nri�h the excess, if any, paid to Borrawer. Such insuran�e prace�ds hal� b�ap�l�ed in the
<br /> o�d�r provided �or in 5ecti�n 2.
<br /> If 8arrawer abandons the Property, Lender may fil�, n�gatiate and se�tle an� available insurance
<br /> claim and re�ated matte�s. l�Barr�wer does not respand within 3D days�a a natic frvm Lender that the
<br /> insurance carr�er has offered to sett�e a ctaim, then Lende�may n�gatiate and s� I�the ciaim. The 3�-
<br /> day period wrl� begin when th� notic� is given. in ei�her e�ent: �r if Lender acquir�s the Pra erty und�r
<br /> I itials:
<br /> NEBRASKA--Sin 1e Fam4� --Fann�e i�liaelFreddie Mac llNIF�RM INSTRUMENT Form 30�8 110"� � `�� � G
<br /> 9 Y
<br /> E�lie Mae, inc. Page 5 of 1� NEEDEED �3�5
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