|
202303188
<br />Upon payment in full of all sums secured by this Security Instrument, Lender will promptly
<br />refund to Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower must pay (a) all taxes, assessments, charges, fines, and
<br />impositions attributable to the Property which have priority or may attain priority over this Security
<br />Instrument, (b) leasehold payments or ground rents on the Property, if any, and (c) Community
<br />Association Dues, Fees, and Assessments, if any. If any of these items are Escrow Items, Borrower will
<br />pay them in the manner provided in Section 3.
<br />Borrower must promptly discharge any lien that has priority or may attain priority over this
<br />Security Instrument unless Borrower: (aa) agrees in writing to the payment of the obligation secured by
<br />the lien in a manner acceptable to Lender, but only so long as Borrower is performing under such
<br />agreement; (bb) contests the lien in good faith by, or defends against enforcement of the lien in, legal
<br />proceedings which Lender determines, in its sole discretion, operate to prevent the enforcement of the
<br />lien while those proceedings are pending, but only until such proceedings are concluded; or (cc) secures
<br />from the holder of the lien an agreement satisfactory to Lender that subordinates the lien to this Security
<br />Instrument (collectively, the "Required Actions"). If Lender determines that any part of the Property is
<br />subject to a lien that has priority or may attain priority over this Security Instrument and Borrower has
<br />not taken any of the Required Actions in regard to such lien, Lender may give Borrower a notice
<br />identifying the lien. Within 10 days after the date on which that notice is given, Borrower must satisfy
<br />the lien or take one or more of the Required Actions.
<br />5. Property Insurance.
<br />(a) Insurance Requirement; Coverages. Borrower must keep the improvements now existing
<br />or subsequently erected on the Property insured against loss by fire, hazards included within the term
<br />"extended coverage," and any other hazards including, but not limited to, earthquakes, winds, and
<br />floods, for which Lender requires insurance. Borrower must maintain the types of insurance Lender
<br />requires in the amounts (including deductible levels) and for the periods that Lender requires. What
<br />Lender requires pursuant to the preceding sentences can change during the term of the Loan, and may
<br />exceed any minimum coverage required by Applicable Law. Borrower may choose the insurance
<br />carrier providing the insurance, subject to Lender's right to disapprove Borrower's choice, which right
<br />will not be exercised unreasonably.
<br />(b) Failure to Maintain Insurance. If Lender has a reasonable basis to believe that Borrower
<br />has failed to maintain any of the required insurance coverages described above, Lender may obtain
<br />insurance coverage, at Lender's option and at Borrower's expense. Unless required by Applicable Law,
<br />Lender is under no obligation to advance premiums for, or to seek to reinstate, any prior lapsed
<br />coverage obtained by Borrower. Lender is under no obligation to purchase any particular type or
<br />amount of coverage and may select the provider of such insurance in its sole discretion. Before
<br />purchasing such coverage, Lender will notify Borrower if required to do so under Applicable Law. Any
<br />such coverage will insure Lender, but might not protect Borrower, Borrower's equity in the Property, or
<br />the contents of the Property, against any risk, hazard, or liability and might provide greater or lesser
<br />coverage than was previously in effect, but not exceeding the coverage required under Section 5(a).
<br />Borrower acknowledges that the cost of the insurance coverage so obtained may significantly exceed the
<br />cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender for costs
<br />associated with reinstating Borrower's insurance policy or with placing new insurance under this
<br />Section 5 will become additional debt of Borrower secured by this Security Instrument. These amounts
<br />will bear interest at the Note rate from the date of disbursement and will be payable, with such interest,
<br />upon notice from Lender to Borrower requesting payment.
<br />NEBRASKA --Single Family — Fannie Mae/Freddie Mac UNIFORM INSTRUMENT
<br />IIIIgqipuNl�@lggiliii
<br />Forni"" 07/(2,0:
<br />IUIIIIiIIIiI115ldq1ll NIINAIU1Iq111pl�jllll
<br />
|