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<br />200700352
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<br />450611619
<br />Ifthere is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to Borrower
<br />for the excess funds in accordance with RESP A. If there is a shortage of Funds held in escrow, as defmed under
<br />RESP A, Lender shall notifY Borrower as required by RESP A, and Borrower shall pay to Lender the amount
<br />necessary to make up the shortage in accordance with RESP A, but in no more than 12 monthly payments. If there
<br />is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notifY Borrower as required by
<br />RESP A, and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with
<br />RESPA, but in no more than 12 monthly payments.
<br />Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly refund to
<br />Borrower any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fmes, and impositions
<br />attributable to the Property which can attain priority over this Security Instrument, leasehold payments or ground
<br />rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any. To the extent that
<br />these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless
<br />Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to
<br />Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or
<br />defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the
<br />enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded; or
<br />(c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security
<br />Instrument. If Lender determines that any part of the Property is subject to a lien which can attain priority over
<br />this Security Instrument, Lender may give Borrower a notice identifYing the lien. Within 10 days of the date on
<br />which that notice is given, Borrower shall satisfY the lien or take one or more of the actions set forth above in this
<br />Section 4.
<br />Lender may require Borrower to pay a one.time charge for a real estate tax verification and/or reporting
<br />service used by Lender in connection with this Loan.
<br />5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on
<br />the Property insured against loss by fire, hazards included within the term "extended coverage," and any other
<br />hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance
<br />shall be maintained 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. The insurance
<br />carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's
<br />choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with
<br />this Loan, either: (a) a one-time charge for flood zone determination, certification and tracking services; or (b) a
<br />one-time charge for flood zone determination and certification services and subsequent charges each time
<br />remappings or similar changes occur which reasonably might affect such determination or certification. Borrower
<br />shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in
<br />connection with the review of any flood zone determination resulting from an objection by Borrower.
<br />If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance
<br />coverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular
<br />type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect
<br />Borrower, Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability
<br />and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost
<br />of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have
<br />obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower
<br />secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of
<br />disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment.
<br />All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right
<br />to disapprove such policies, shal\ include a standard mortgage clause, and shall name Lender as mortgagee and/or
<br />as an additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender
<br />requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower
<br />obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the
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<br />NEBRASKA--Single Fam ilynFannie MaelFreddie Mac UNIFORM INSTRUMENT
<br />DOCUlNE5
<br />DOCU1NE5.VTX 08/25/2005
<br />
<br />Form 3028 1101
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<br />(page 5 oJ 13 page.,)
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