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201007733 Borrower shall promptly discharge any lien which has priarity over this Security Instnunent unless Borrawer: (a) agrees in writing ta the payment af the obligation secured by the lien in a rmaxuier acceptable to Lender, but only so long as Borrower is perfornung such agreement; (b) contests the lien in goad fa.ith by, or defends against enforcement of the lien in, legal proceedings which in L.ender's opinion operate ta prevent the enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agr�ment satisfactory to Lender subordinating the lien to this S�urity T�nstrunnent. If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument, I.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 foarth above in chis Section 4. I..,ender xnay require Borrawer 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 Insurance. Borrovver shall keep the irnprovements now e�cisting or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not lirnited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be annaintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the prer.eding sentences can change during the term of the I.oan. 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 canncction with this Loan, either: (a) a one-time charge for flood zone deternunation, certification and tracking services; or @) a one-tirne charge for flood zone deternunation and certification services and subsequent charges each tirne remappings or similar changes occur which reasonably rnight affect such determination or certification. Borrower shall also be responsible for the payment of any fe�s impased by the Federal Ernergency Managernent Agency in connection with the review of any flood zane deternunation resulting from an objection by Borrower. If Borrower fails to maintain any of th� coverages described above, Lender may obtain insurance coverage, at �.,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 might or might not protect $orrower, Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser ceoverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtain�d might significantly exceed the cost of insurance that Barrower could have obtained. Any aznounts disbursed by Lender under this Section S shall become additional debt af Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement 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 L.ender's right to disapprove such policies, shall i.nclude 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 requires, Borrower shall promptly give to I.ender all receipts of paid prerniums and renewal notices. If Borrower obtains any fornn of insuurance coverage, not oth�rwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard rnortgage clause and shall natne Lender as martgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prpmpt natice 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 Property, if the restoration or repair is economically feasible and Lender's security is not lessened. Duxing such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENt �-61NE) losi il Page 8 of 15 i�it�ais: r'l rm 3028 7/07 � i � � 1 f � � j 5 .. ,� . 1