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2oioo�4i5 Borrower shall promptly discharge any lien which has priority over this Security Tnstrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to L,ender, but anly so long as Borrower is performing such agreement; (b) cont�sts the lien in good faith by, or defends against enforcement 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 oxily 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, L.ender 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 �orrower to pay a one-time charge for a real estate tax veri�ication and/or reporting service used by Lender in connection with this Loan. 5. Property Insarance. Barrower shall keep the irnprovements now existing or hereafter erected on the Property insured against loss by �re, hazards included within the ternn "extended caverage," and any other hazards including, but nat limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maincained in the amounts (including deductible levels) and for the periods that Lender requires. What L,�nder 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 ane-time charge for flood zone deterct�ination, certification and tracking services; ox (b) a one-time charge for flood zane determination and certi�cation services and subsequent charges each time remappings or similaz changes occur which reasanably might affect such determination or certification. Borrower sha11 also be responsible for the payment af any fees imposed by the Federal Ernergency Management Agency in connection with the revicw of any flood zone determination resulting frorn 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. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such caverage shall cover Lender, but might or rnight 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. �orrower acknowledges that the cost of the insurance coverage so obtained might signi�cantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this SecCion 5 sha11 become additional debt of Borrower secured by this Security Instrum�nt. These amounts shall bear interest at the Note rate from the date of disbursement and sha11 be payable, with such interest, upon notice from L,ender to Borrower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right ta disapprove such policies, shall include a standard rnortgage clause, and sha11 name I.ender as mortgagee and/or as au additiona� loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender r�quires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Boarrower obtains any form of insurance coverage, not otherwise required by J.,ender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and sha11 name I,ender 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. LTnless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by L.ender, shall be applied to restoration or repair of the Froperty, 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 I.�nder has had an opportunity to inspect such Property to ensure the NEBRASKA - Single Family - Fannie MaalFreddle Mac UNIFORM INSTRUMENT �-6�NE) 1os�i1 Page 8 of 16 Initlals: • �.� Form $p2$ 1/01 � +� l bt1�:, � � '