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201007575 Borrower shall promptly 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�namier acceptable to Lender, but only so long as Borrower is perfornung such agreement; (b) contests the lien in good faith by, or defends against enfoxcement of the lien in, legal proccedings which in T..ender's opinion operate to prevent the enforcement of the lien while those proceedings are pending, but only until such procecdings are concluded; or (c) secures from khe holder of the lien. an agt�ement satisfactary to Lender subordinating the lien ta this Security Instrurnent. If I.ender deternunes 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 5ection �4. Lender rnay require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property Ynsurance. Borrower shall keep the improvernents now existing or hereafter erected on the Property i�nsured against loss by fire, hazards included within che term "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 Lender requires. What L,ender requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Barrower subject to Lender's right to disapprove Borrovc+er's choice, which right shail not be exercised unreasonably. Lender rnay require Borrower to pay, in connection with this Loan, either: (a) a one-tirne charge for flood wne deternunation, certification and tracking services; or @) a one-time chazge for flood zone deternunation and certi�cation services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certi�ication. Borrower shall also be responsible for the payrnent of any fees irnposed by the Federal Emergency Management Agency in connection with the revisw af any flood zone detemunatian resulting from an objection by Bprrower. If Borrower fails to maintain any af the coverages described abave, Lender may obtain insurance coverage, at Lender's option and Borrower's expense. I..ender is under no obligation to purchase any particular type ar amount of coverage. Therefore, such coverage shall caver Lender, but might or might nat protect Borrower, $orrower's equity in the Property, or the contents of the Properiy, against any risk, hazard ar liability and rnight prqvide greater or lesser coverage than was previously in effect. Borrower aclrnowledges that the cast of the insurance caverage so obtained might signi�cantly exceed the cost of insuranr.� that Barrower could have obtained. Any amounts disbursed by Lender under this �ectipn 5 shall become additional debt of Borrower secured by this Security Instrument. These arnounts shall bear interest at the Note rate frorn the date of disburs�ment and shall be payable, with such interest, upon notice from Lender to Borrower requesting payrnent. 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 name Lender as mortgagee and/or as an additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If I,ender requires, Borrower shall promptly give to Lender a�l receipts of paid prenniwns and renewal notices. If Borrower obtains any form of insurance coverage, not oth�rwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name I.ender as moRgagee 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. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Praperty, if the restaration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right ta hold such insurance proceeds until Lender has had an opportunity to inspec such perty to ensure the NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUM T �-B�NE) �osi�� Pageeof 1fi innia�a:� �' Form 3028 1/07 � r '.1 � t °�+� � ..h