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<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless
<br />Borrower: (a) agr�es in writing to the payment of the obligation secured by ths li�n in a manner acceptable
<br />to Lx.nd�r, but omly so long as Borrower is performing such agreement; (b) contests the lien in good faith
<br />by, or d�f�nds against enforcement of the lien in, legal proceedings which in I.,ender's opinion operate to
<br />prevent ih� �nfnre�ment of the lien while those proceedings are pending, but orily until such praceedings
<br />are concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lendcr subardinating
<br />the lien to this Security Insttvment. If Lender determines that any part of the Property is subject to a lien
<br />which can attain priority aver this Security Instrurnent, Lender may give I3orrower a noticc identifying the
<br />lien. Within 10 days of the date on which that notice is given, T3orrower shall satisfy the lien or take one or
<br />more of tlx� actiuns set forth above in this Section 4.
<br />Lender may require Borrower to pay a one-time charge for a real sstat� tax verification apd/or
<br />reporting service used by Lender in connection with this I,aan.
<br />5. Property Insurance. Borrower shall keep t1�� impravements now existing or hereafter erected on
<br />the Property insured against loss by fire, haxards includ�d within the tear►n "extended coverage," and any
<br />other hazards including, but not lirnited to, �arthquak�s and t]aads, far which L.ender requires insurance.
<br />This insurance shall be maintained in the amounts (including deductible levc:ls) and fur thG �ri�ds that
<br />I,endsr requires. What L,ender requires pursuant to the preceding sentences can change dnring the [erm of
<br />the. I.,oan. The insurance carrier providing the insurance shall be chosen by Borrower subject to T.ender's
<br />right to disapprave Borrower's choice, which right 5narr not be exercised unreasonably. Lender may
<br />r�quir� Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone
<br />determination, cextification and tracking services; or (b) a one-time charge for flood zone determination
<br />and certification services and subsequent char,ges each time remappings or similar changes occur which
<br />reasariably might affect such determination or certification. Borrower shall also be responsible for the
<br />payment of any fees imposed by the Federal Emc:rgency Managcment Ag�ncy in cannection with th�
<br />review of any flood zone determination resulting from an objection by Borrower.
<br />If Borrower fails to maintain any of the coverages described above, L�nder may abtain inaurance
<br />coverage, at Lender's option and Borrower"s expense. I,ender is under no c�hligatic�n ta purchase any
<br />particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might
<br />not protect Borrower, Borrower's equity in the Property, or the contents of the Prop�rty, against any risk,
<br />hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower
<br />acknowledges that the cost of the insuran�e coverage so obtained might significantly exc��d the cost of
<br />insurance that Borrower could have obtained. Any amounts disbursed by T.ender under this Section 5 shall
<br />become additional debt of Borrt�w�r s�cured by this Security Instrument. These am�unts shall bear interest
<br />at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from
<br />Y.ender to Borrower requesting payment.
<br />All insurance policies required by I,ender and renewals of such policies shall be subject to Lender's
<br />right to disapprove such policies, shall include a standard mortgage clause, and shall name I.ender as
<br />mortgagee and/or as an additional lass paye�. I.ander shall have thc right to hold ih� palicics and renewal
<br />certificates. If Lender requires, Borrt�w�r shall pramptly give to Lender all r�:ceipts of paid premiums and
<br />renewal ;natices. If Barrower obtains any form of insurance caverage, not otherwise required by I,ender,
<br />for damage lo, or destruction of, the Property, snch pplicy shall includ� a 5taudard martgag� clausc and
<br />shall narne L�nd�r as martgagee and/ar as an additianal loss payee.
<br />In the evenl af loss, Borrower shall give prompt notics to the insurance carrier and I,ender. L,�nd�r
<br />may make proaf of loss if not made promptly by Borrower. Unless L,ender and Borrower otherwise agree
<br />in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall
<br />be applied to restoration or repair of the Property, if the rsstoration ar repair is economically feasible and
<br />Lender's security is not lessened. During such repair and restaration periad, I.ender shall have ths right to
<br />hold such insurance proceeds until Lender has had an opportunity to insp�ct such Praperty to �nsure the
<br />NEBRASKA - Singls Family - Fannie Mae/Freddie Mac UNIFpRM INSTRUM
<br />Qy�-61NE) �oei�� Paqe6af 76
<br />�,
<br />Form 3028 1 /01
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