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200801165 writing or Applicable Law requires interest to be paid on the Funds, T "ender shall not be required to pay Borrower any interest or earnings on the Funds. Borrower and Lender can agree:: in writing, however, that interest shall be paid on the Funds. Lender shall give to Borrower, without charge, an annual accounting ofthe Funds as required by RESPA. If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as defined under RESPA, Lender shall notifY Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12 monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notifY Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than12 monthly payments. Upon payment in:full of all sums secured by 1his Security Instrument, Lender shall promptly refund to Borrower any Funds held by Lender. 4. Charges; liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to the Property which can attain priority over this Security Instnunent, leasehold payments or ground rents on 1he Property, if any, and Community Association Dues, Fees, and Assessments, if any. To the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3. Borrower shall promptly discharge any lien which has priority over this Security Instrument wIess Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevoot the enforcement of the lien while those proceedings are pending, but only until such proceedings are conCluded; or ( c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. Within 10 days of the date, on which that notice is given, Borrower shan satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5, Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards inCluded within the term "extended covl':['llge," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. Ibis insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the prcceding sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone. determination, certification and tracking services; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any 'of the coverages described above, Lender may obtain insurance coverage, at Lender's option and Borrower's expense. LendeI: is wder no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously' in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this 'Section 5 shall become additional debt ofBorrowcr secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. HBop-ower obtains any form of.insurance Nebraska Deed of Trust -Single Family- FlIIIIIie M.eJFreddJe MK tlN IFORM INSTRUMENT -THE COMPLIANCE SOllllCK, INC.- Page 5 of 13 1rWW..a1mpliancaau:rca.cmn . MERS Modlfied Form 3028 01/01 143IlINE DRIlIll 02Q(l01 Tbl!l. Compliunct: Somt:e, Inc:. 6312905 -:s jf . 02 - .;l.'>-. ';;' E c;0 d- 5- 08