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~oo~o4ss3 Borrower shall promptly discharge any lien which has priority over this Security lnstrument unless 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 enfarcemeni of the lien in, legal proceedings which in Lender's opinion operate to prevent 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 lnstrument. If .Lender determines chat any part of the Property is subject to a lice which can attain priority over this Security Instrument, Lender may give $orrower a notice identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Borrower to pay aone-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 herealtet erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requites insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requites. What Lender requites pursuant to the preceding sentences can change during the term of the Loan. The insurance cattier 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; of (b) a one-time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which rcasonahly 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 ahove, Lender may obtain insuuance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type of amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the Property, of the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effcct_ 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 dishursed by Lender under this Section S shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Nato 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 Sllch pohCaes, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an additional loss payee. Lender shall have the tight to hold the policies and renewal certificatcs_ If Lender requires, Borrower shall promptly give Lo Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destn~ction of; the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was requited by Lender, shall be applied to restoration or repair of the Property, if the restoration of repair is economically feasible and Lender's security is not lessened. Dtiuing such repair and restoration period, Lender shall have the tight to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the NEBRASKA- Single Family - FannleMaelFreddie Mac UNIFORM INSTRUMENT -6(NE)loa~~~ PageBof15 i~~e~sis: ~~ Form 3028 7/07 ~~~'