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201007495 Sorz�ower shall pramptly discharge any lien which has priority over this Security Instrurnent unless Borrower: (a) agrees in writing to the payrnent of the obligation secured by the lien in a rnanner acceptable to Lender, but only so lang as Borrower is performing such agreement; (b) contests the lien in good faith by, ar defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while thase proceedings axe pending, but only until such proceedings are concluded; ar (c) secures from the holder af the lien an agreement satisfactory to Lender subordinating the lien ta this Security Instrument. If l,ender determines that any part af 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 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 a ane-tirne charge for a real estate tax verification and/or reporting service used by Lender in connectian with this Loan. 5. Property Insurance. Borrower shall kcep the irnprovements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the t�rm "extended coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that L.ender requires. What Lender requires pursuant to tha preceding sentences can change during the term of the Loan. The insurance cararier pxoviding the insurance shall be chosen by Barrower subject to Lender's right Co disapprave Borrower's choice, which right shall nat 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-tirne 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 certificatian. Borrower shall also be responsible for the payment of any fees irnposed by the Federal Emergency Management Agency in connection with the review of any flaad zone determination resulting from an abjection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at L.ender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but rnight or might nat protect Borrower, Bnrrower's equity in the Property, ar the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknawledges that the cost of the insurance coverage so obtained rnight significantly exceed the cost of insurance that Borrower cauld have obtained. Any arnounts disbursed by Lender under this Sectian 5 shall become additional debt of Barrower secured by this Security Instrument. These amaunts shall bear interest at the Note rate from the date af disbursement and shall be payable, with such interest, upon notice frorn Lender to Borrower requesting payment. All insurance policies reyuired by I.,ender and renewals of such policies shall be subject to Lender's right ta disapprove such policies, shall include a standard mortgage clause, and shall name I.ender as mortgagee and/or as an additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender reyuires, Borrower shall pramptly give to Lender all receipts of paid premiums and renewal notices. If Barrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall narne 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. I,ender may make proof of loss if not made prornptly by Borrowar. Unless Lender and Borrower otherwise agree in writing, any insurance praceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration ar repair is econamically feasible and Lender's security is not lessened. During such repair and restoratian period, Lender shall have the right to hold such insurance praceeds until Lender has had an opportunity to inspecC such Property to ensure the NEBRASKA - Single Family - Fannie Mae/Fraddie Mac UNIFORM INSTRUMENT WI �-BA�NE) (ostal Paga 8 ot 15 iniciais: Form 3028 1/p1 � � III IIIII'lll IIII� I�II�IIII IIIIII I II IIII IIIIIII III q03225224911 0233 364 Ob15