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2� 17�2�84 <br /> � <br /> services and subsequent charges each t�me remappings or simi�ar changes occur which reasonably might <br /> affect such determination or certif�cation. Borrower shall also be responsib�e for�he payment of any fees <br /> impased by the Federal Emergency Management Agency in connection with the review af any fload zone <br /> determination resulting from an objection by Bonow�r. <br /> If Borrower fails to maintain any of the co�erages described above, Lender may obta�n insurance coverage, <br /> at Lender's option and Borrower's expense. Lender is under na abligation to purchase any particular type or <br /> amount of co�erage.Therefore, such coverage sha11 cover Lender,but might or might not protect Borrower, <br /> Borrower's equity in the Property,or the contents of the Property,against any risk,hazard or liability and <br /> might pro�ide greater or lesser co�erage than�uas previously in effect. Borrovver ackno�uledges that the cost <br /> of the insurance co�erage sa obtained might sign�ficant�y exceed the cost af insurance that Borrower cou id <br /> have obtained.Any amounts disbursed by Lender under this Section S shall become additional debt of <br /> Borrower secured by this Security Instrument. These amounts sha1�bear interest at the Note rate from the <br /> date of disbursement and sha11 be payable,with such interest,upon n.otice from Lender to Borrower <br /> requesting payment. <br /> Al�insurance po�icies required by Lender and renewais of such policies shall be subject to Lender's cight to <br /> disappro�e such policies, sha11 include a standard mortgage clause,and shall name Lender as mortgagee <br /> andlor as an additional loss payee. Lender sha11 have the right to hold the pa�icies and renewal certificates. <br /> If Lender requires, Borrower sball promptly gi�e to Lender a11 receipts of paid premiums and renewa� <br /> notices. If Borro�uer abtains any form of insurance co�erage,not otherwise requ�re�by Lender, for damage <br /> to,or destruction of,the Property,such policy sha11 include a standard mortgage clause and shall name <br /> Lender as mortgagee andlor as an additionalloss payee. <br /> In th�e�ent of loss,Borro�uer shall gi�e prompt notice to the insurance carrier and Lender.Lender may <br /> make proof of loss if not made promptly by Borro�ver.Unless Lender and Borro�uer otherwise agree in <br /> W�'1�117�,any insurance proceeds,whether or not the underlying insurance was required by Lender,shal�be <br /> applied ta restoration or repair of the Property,if the restoration or repair is economically feasible and <br /> Lender's security is not lessened. During such repair and restoration period,Lender sha�l have the right to <br /> hold such insurance proceeds unti 1 Lender has had an opportunity to inspect such Property to ensure the <br /> work has been completed to Lender's satisfaction,pro�ided that such inspection shall be und�rtaken <br /> promptly. Lender may disburse proceeds For the repairs and restoration in a single payment or in a series of <br /> progress payments as the work is completed. Unless an ag�eement is made in writing or App�icab�e Law <br /> requires interest to be paid on such insurance proce�ds, Lender shall not be required ta pay Borro�er any <br /> interest or ea,mings on such proceeds. Fees for pub�ic adjusters,or other tliicd parties,retained by Borrower <br /> sha11 not be paid out of the insurance proceeds and sha��be the sale obligation of Borrower. If the restoration <br /> or repair is not economically feasible or Lender's security wou�d be lessened,the insurance proceeds shall be <br /> applied to the sums secured by this Security�nstrument,whether or not then due,with the excess, �f any, <br /> paid to Borrower. Such insurance proceeds sha11 be applied in the order provided for in Section 2. <br /> �f Borrower abandons the Property,Lender may file,negotiate and settie any a�ailable insu.rance ciaim and <br /> re�ated matters. If Borrower does not respond within 34 days�o a not�ce from Leuder that the insurance <br /> carrier has offered to settle a claim, �hen Lender may negotiate and sett�e tbe claim.The 3U-day period will <br /> begin when the no�ice is gi�en. In either event,or if Lender acquires the Property under Section 22 or <br /> otherwise,Barrower hereby assigns to Lender(a}BorrovWer's rights to any insurance proceeds in an amount <br /> not to exceed the amounts unpaid under the Note or this Securi�ty Instrument,and(b}any other of <br /> Borrower's rights(other than the right to any refund of unearned premiums paid by Borrower)under a11 <br /> insurance policies cover�ng the Praperty,insofar as such rights are appl�cable to the coverage of the <br /> Property. Lender may use�he insurance proceeds eith�r to repair or restore the Property or to pay amounts <br /> unpaid under the 1�Iote or this Security Instrument,whether or not then due. <br /> NEBRASKA-Single Family-Fannie MaelFreddle Mac UNIF4RM INSTRUMENT WiTH MERS Form 34281/41 <br /> VMP� VMPfiA(NE)(1342).44 <br /> Wolters Kluwer Financial 5ervices Page 7 of 1? <br /> q43373499483 4�33 457 �717 <br />