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<br />the sale of the Property or its acquisition by Lender, any Funds held by Lender at the timc of application as a crcdit against the
<br />sUlns sccured by this Security Instrument.
<br />4. Charges; Liens. Borrowcr shall perform all of Borrower's obligations under any mortgage, deed of trust, or other
<br />security agreement with a licn which has priority over this Security Instmment. Borrower shall pay whcn due, all taxes,
<br />asscssments, charges, tines, and impositions attributable to thc Property which can attain priority over this Sccurity Instmment,
<br />leasehold payments or ground rcnts on the Property, if any, and Community Association Dues, Fees, and Asscssments, if any.
<br />To the extent that these items are Escrow Items, Borrower shall pay thcm in the manner provided in Section 3.
<br />Borrower shall promptly dischargc any lien otller than a licn disclosed to Lender in Borrower's application or in any title
<br />report Lender obtaincd which has priority over this Security Instrumcnt unless Borrower: (a) agrees in writing to the payment
<br />of the obligation securcd by the lien in a manner acceptable to Lender, but only so long as Borrower is performing such
<br />agreement; (b) contesL<; thc lien in good faith by, or defends against cnforcement of the lien in, legal proceedings which in
<br />Lender's opinion operatc to prevent the enforccment of the lien while those proceedings arc pending, but only until such
<br />proceedings are concluded; or (c) secures from thc holder of the lien an agrecmcnt satisfactory to Lendcr subordinating the lien
<br />to this Security Instrumcnt.
<br />Lender may rcquire Borrower to pay a one-time charge for a rcal estate tax veritIcation ancVor reporting service uscd by
<br />Lender in connection with this Loan if allowcd under Applicable Law.
<br />5. Property Insurance. Borrowcr shall keep tile improvemcnts now existing or hcrcafter erected on the Propcrty
<br />insured against loss by firc, hazards includcd within the term "extended coverage," and any othcr hazards including, but not
<br />limitcd to, earthquakes and floods, for which Lendcr requires insurance. This insurance shall be maintained in the amounts
<br />(including deductible levels) and for the periods that Lcnder requires. What Lender requires pursuant to the preceding
<br />sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower
<br />subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may requirc
<br />Borrower to pay, in connection with this Loan, either: (a) a one-timc charge for flood zonc detennination, certitlcation and
<br />tracking serviccs; or (b) a one-time charge for flood zone determination and certitIcation scrviees and subsequent chargcs each
<br />time remappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall
<br />also be rcsponsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with
<br />the revicw of any flood zone determination resulting from an objcction by Borrower.
<br />If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender's
<br />option and Borrower's expense. Lendcr is under no obligation to purchase any particular type or amount of coveragc.
<br />111erefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's cquity in tile Property, or
<br />the contents of the Propcrty, against any risk, hazard or liability and might provide greater or Icsser coverage tllan was
<br />previously in effect. Borrowcr acknowledges tllat the cost of the insurance coveragc so obtained might significantly exceed the
<br />cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5, shall bc added to
<br />the unpaid balance of the loan and interest shall accrue at the Note rate, from the time it was added to the unpaid balance until
<br />it is paid in ful I.
<br />Subject to Applicable Law, all insurance policies required by Lender and renewals of such policies shall be subject to
<br />Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee
<br />and/or as an additional loss payee. Lender shall have thc right to hold tlle policies and renewal certificates. If Lender requires,
<br />Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any foml of
<br />insurance coverage, not otherwise required by Lender, for damage to, or destruction of, thc Property, such policy shall include
<br />a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payec.
<br />In tile event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of
<br />loss if not made promptly by Borrower. Unless Lendcr and Borrower otherwise agree in writing, any insurance proceeds,
<br />whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the
<br />restoration or repair is cconomically feasible and Lender's security is not lesscncd. During such repair and rcstoration period,
<br />Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to
<br />ensure the work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly.
<br />Lender may disburse proceeds for the repairs and rcstoration in a single payment or in a series of progress payments as the
<br />work is completcd. Unless an agreement is made in writing or Applicable Law requires interest to bc paid on such insurance
<br />proceeds, Lender shall not be required to pay Borrowcr any interest or earnings on such proceeds. Fees for public adjusters, or
<br />other third parties, retained by Borrower shall not be paid out of tile insurance proceeds and shall be tile sole obligation of
<br />Borrowcr. If the restoration or rcpair is not economically feasible or Lender's security would be lessened, the insurancc
<br />procecds shall be applied to thc sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid
<br />to Borrowcr. Such insurance procceds shall be applied in thc ordcr provided for in Section 2.
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<br />NEBRASKA DEED OF TRUST-Single I'amily-Seeonclary Lien
<br />THE COMPLIANCE SOURCE, INC. C
<br />ITEM 8627L5 (0304}-MERS MFNE3118 (Page 5 of II paKes)
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<br />4001031804 GREATLAND.
<br />10 (Jrder Call: 1-800-530-9393 0 Fax: 616-79'" 131
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