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~oiooo52i Borrower shall promptly discharge arty lien which has priority over this Security irotrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a mariner acceptable to bender, 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 bender's opinion operate to prevent the enforicement of the lien while those proceedings are pending, but only until such proceedngs are concluded; or (c) secures from the holder of the lien an agreement satisfactory to Leader subordinating the lien to this Security histrvment. If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security hzstrument, Lender may give Borrower 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 Harrower to pay sore-dine charge for a real estate tax verification and/or reporting service used by Leader in connection with this boar. 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 tern "extended coverage," and any other hazards including, but not limited to, earthquakes aril floods, for which bender requires insurance. This insurance shall be nnaintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding 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-lime charge for flood zone determination, certification and tucking services; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each time remappirigs or similar changes occur which reasonably might affect such deternination or certification. Borrower shall also be responsible for the payment of arty 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, ai Lender's option and Bormwer's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover bender, but might or might not protect Borrower, Borrower's equity in the Property, ar the contents of We Property, against any risk, hazard or liability aril might provide greater or lesser coverage than was previously in effect: Bonmwer acknowledges that the cost of the insutarrce coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under ttris Section 5 shall become additional debt of Bon°+nwer secured by this Security Irrstnmrent, These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with sash interest, upon notice from Leader to Bornnwer 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 nay Lender as mortgagee arxl/or as an additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If bender requires, Borrower shall promptly give to Lender all receipts of paid premium and renewal notices. Ir Bonower obtains any form of insurance cover~e, not otherwise required by Lender, for damage to, or destnrction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee. irr the event of loss, Bornower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. lJriless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to resioralaon or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lender has had an opporturrity to inspect such Property m ensure the 001121095467 itiMort e~2.29.ti6 V3 NEBRASKA -Single Family -Fannie Mae/Freddie Mac UNIFORM INSTRUMENT WIT ~/~~' -6A(Nq ~osio~ ~ s a is mn~is• ~ Eorm 3028 1101