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foreclosure sale, any delivery of any deed in lieu of foreclosure, and any release of record <br />of the lien of this Instrument. <br />19. PROPERTY AND LIABILITY INSURANCE. <br />(a) Borrower shall keep the Improvements insured at all times against such <br />hazards as Lender may from time to time require, which insurance shall include but not <br />be limited to coverage against loss by fire and allied perils, general boiler and machinery <br />coverage, and business income coverage. Lender's insurance requirements may change <br />from time to time throughout the term of the Indebtedness. If Lender so requires, such <br />insurance shall also include sinkhole insurance, mine subsidence insurance, earthquake <br />insurance, and, if the Mortgaged Property does not conform to applicable zoning or land <br />use laws, building ordinance or law coverage. If any of the Improvements is located in an <br />area identified by the Federal Emergency Management Agency (or any successor to that <br />agency) as an area having special flood hazards, and if flood insurance is available in that <br />area, Borrower shall insure such Improvements against loss by flood. <br />(b) All premiums on insurance policies required under Section 19(a) shall be <br />paid in the manner provided in Section 7, unless Lender has designated in writing another <br />method of payment. All such policies shall also be in a form approved by Lender. All <br />policies of property damage insurance shall include a non - contributing, non - reporting <br />mortgage clause in favor of, and in a form approved by, Lender. Lender shall have the <br />right to hold the original policies or duplicate original policies of all insurance required <br />by Section 19(a). Borrower shall promptly deliver to Lender a copy of all renewal and <br />other notices received by Borrower with respect to the policies and all receipts for paid <br />premiums. At least 30 days prior to the expiration date of a policy, Borrower shall deliver <br />to Lender the original (or a duplicate original) of a renewal policy in form satisfactory to <br />Lender. <br />(c) Borrower shall maintain at all times commercial general liability insurance, <br />workers' compensation insurance and such other liability, errors and omissions and <br />fidelity insurance coverages as Lender may from time to time require. <br />(d) All insurance policies and renewals of insurance policies required by this <br />Section 19 shall be in such amounts and for such periods as Lender may from time to time <br />require, and shall be issued by insurance companies satisfactory to Lender. <br />(e) Borrower shall comply with all insurance requirements and shall not permit <br />any condition to exist on the Mortgaged Property that would invalidate any part of any <br />insurance coverage that this Instrument requires Borrower to maintain. <br />FANNIE MAE MULTIFAMILY SECURITY INSTRUMENT - Form 4028 4/98 Page 26 <br />NEBRASKA <br />