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<br />shall pay to Lender the amounC necessary to nnake up the deficiency in accordance with RESPA, but in no more than
<br />12 monthly payments.
<br />Upon payznent in full of all sums secured by this Security Instrurnent, Lender shall promptly refund to Borrower
<br />any Punds held by Lender.
<br />4. Charges; Liens. Borarower shall pay all taxes, assessments, charges, fines, and impositions attributable to
<br />the Property which can attain priority aver this Security Instrurnent, leasehold payments or ground rents on the
<br />Property, if any, and Cammunity Association Dues, Fees, and Assessments, if any. To the extent that these items
<br />are Escrow Items, Borrower shall pay them in the manner provided in Section 3.
<br />$orrower sha11 prornptly discharge any lien which has priority over this Security Instrument unless Borxower:
<br />(a) agrees in writing to the payment of the abligation secured by the lien in a manner acceptable to Lender, but only
<br />so long as Borrower is performing such agreement; (b) conCests the lien in good faith by, or defends against
<br />enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforceznent of ttae lien
<br />while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the halder
<br />of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender
<br />determines that any part oP the Property is subject to a lien which can attain priority over this Security Instrument,
<br />Lender may give Bnrrower a notice identifying the lien. Within 10 days of the date on which that notice is given,
<br />Borrower shall satisfy the lien or take ane or more of the actions set forth above in this Section 4.
<br />Lender may require Borrower to pay a one-tizne charge for a real estate tax verification and/nr reporting service
<br />used by Lender in connection with this Loaz�.
<br />5, Property Insurance, Borrower shall keep the improvernents now existing or hereafter erected on the
<br />Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards
<br />including, but not limited to, earthquakes and #]oods, for which Lender requires insurance. This insurance shall be
<br />maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender
<br />requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier providing
<br />the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall
<br />not be exercised unreasonably. Lender may require Borrower to pay, in connection wiih this Loan, either: (a) a one-
<br />tizne charge for flood zone detez7mination, certification and tracking services; or (b) a one-time charge for flood zone
<br />detenx►ination and certi�cation services and subsequent charges each time remappings or similar changes occur which
<br />reasonably might affect such determination or certi�cation. Borrower shall also be responsible �or the payrnent of
<br />any fees imposed by the Federal Eix�.ergency Management Agency in connection with the review of any flood zone
<br />determination resulting from an objection by �orrower.
<br />If Borrower fails to maintain any of the coverages described above, Lender �nay obtain insurance coverage, at
<br />L�nder's option and Borrower's exp�nse. Lender is under no obligation to purchase any particular type or amount
<br />of coverage. Therefore, such coverage shall cover Lender, but znight or might nat protect Borrower, Borrower's
<br />equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater
<br />or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so
<br />obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed
<br />by Lender under this Section 5 shall become additional debt of Bnrrower secured by this Security Instrument. These
<br />amounts shall bear interest at the Note rate from the date af disbursement and shall be payable, with such interest,
<br />upnn notice from Lender to Borrower requesting payment.
<br />All insurance pnlicies required by Lender and renewals of such policies shall be subject to L,ender's right to
<br />disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an
<br />additional loss payee. Lender shall have the right to hold the policies and renewal ce�ti�icates. IP Lender requires,
<br />Borrnwer shall promptly give to Lender all receipts of paid premiums and renewal z�otices. It Borrower obtains any
<br />forn� of insura�ace coverage, not othez�wise required by Lender, for dazz�age to, or destruction of, the Property, such
<br />policy shall include a standard mortgage clause and shall name [,ender as rr�ortgagee and/or as an additional loss
<br />payee.
<br />In the event oP loss, Borrower shall give prampt natice to the insurance carrier and Lender. Lender may make
<br />proof of loss if not made promptly by Borrower. Unless Lender and Borrower ott�erwise agree in writing, any
<br />insurance proceeds, whether or not the underlying insuraaace was requixed by �,ender, shall be applied to r�storativn
<br />or repair of the Property, if khe restoration or repair is economically feasible and Lender's securiry is not lessened.
<br />During such repair and restoration period, Lender sha11 have the right to hold such insurance proceeds until Lender
<br />has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction,
<br />provided that such inspection shall be undertaken prnmptly. I.ender may disburse proceeds for the repairs and
<br />restoration in a single payment or in a series of progress payrnents as the wnrk is completed. Unless an agreemenC
<br />is made in writing or Applicable Law requires interest to be paid on such insurance praceeds, Lender shall not be
<br />requixed to pay Borrower any interest ar earnings on such proceeds. Fees for public adjusters, or other third parties,
<br />retained by Sorrower shall not be paid out of tl�e insurance proceeds and shall be the sole obligation of Borrower.
<br />If the restoration or repair is not economically feasible or Lender's security would be lessened, the insurance proceeds
<br />shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid
<br />to Borrower. Such insurance proceeds shall be applied in the order provided for in Section 2.
<br />If Borrower abandons the Property, Lender may file, negotiate and settle any available insurance claim and
<br />related matters. If Borrower does not respond within 30 days to a notice from Lender that the insurance carrier has
<br />offered to settle a claixn, then L.ender may negotiate and settle the claim. The 30-day period will begin when the
<br />notice is given. In either event, or if Lender acquires the Property under Section 22 or otherwise, Borrower hereby
<br />assigns to I.ender (a) Borrower's rights to any insurance proceeds in an amount not to exceed the amounts unpaid
<br />under the Note or this Security Instrument, and (b) any other of Borrower's rights (other than the right to any refund
<br />of unearned premiums paid by Borrower) under all insurance policies covering the Properiy, insofar as such rights
<br />NEeRASKA--Single Family--Fannie MaelFreddie Mac UNIFORM INSTRUMENT DocMagic� 800-649•�362
<br />Form 3028 1/01 Page 4 of 1 1 www.docmagfc.com
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