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<br />shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no moxe than
<br />12 monthly payrnents.
<br />Upon paynnent in full of all sums secured by this Security Instrument, I.ender shall promptly refund to Borrower
<br />any Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable ta
<br />the Property which can attain priority over this Security Instrument, leasehold payments or ground rents on the
<br />Property, if any, and Carnmunity Association Dues, �ees, and Assessments, if any. To the extent that these items
<br />aze Escrow Ttems, Borrawer shall pay them in the manner provided in Section 3.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower:
<br />(a) agrees in writing to the payment af the obligation secured by the lien in a manner acceptable to Lender, but only
<br />so long as Borrower is perfornung such agreement; (b) contests the lien in good faith by, or defends against
<br />enforcement of the lien in, legal proceedings which in Lender's opinion operate ta prevent the enforcement of the lien
<br />while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the hnlder
<br />of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender
<br />determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument,
<br />Lender may give Borrower 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 one or more of the actions set forth above in this Section 4.
<br />Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service
<br />used by Lender in connection with this Loan.
<br />5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the
<br />Property insured against lpss by fire, hazazds included within the term "extended coverage," and any other hazards
<br />including, but not limited ta, earthquakes and floods, 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 L.ender's right to disapprove Borrower's choice, which right shall
<br />not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-
<br />time charge for flood zone deternunation, certification and tracking services; or (b) a one-tirne charge for flood zone
<br />deter�t�ination and certification services and subsequent charges each tirne remappings or similar changes occur which
<br />reasonably might affect such deternunation or certification. Borrower shall also be responsible for the payment of
<br />aany fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone
<br />deternunation resulting from an objection by Borrower,
<br />If Borrower fails to rnaintain any of the coverages described above, Lender may obtain insurance coverage, at
<br />Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount
<br />of coverage. Therefore, such coverage shall cover Lender, but rnight or might not 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 sha11 became additional debt of Bonower secured by this Security Instrument. These
<br />amounts shall bear interest at the Note rate frorn the date of disbursement and shall be payable, with such interest,
<br />upon notice from Lender to Borrower requesting payment.
<br />All insurance policies required by Lender and renewals of such policies shall be subject to Lcnder's right to
<br />disapprove such policies, shall include a standard mortgage clause, and shall name Lender as rnortgagee and/or as an
<br />additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires,
<br />Borrower shall promptly give to Lender all receipts of paid premiums an.d renewal notices. If Borrawer obtains any
<br />form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such
<br />policy shall include a standard martgage clause and shall name Lender as rnortgagee and/or as an additional loss
<br />PaY�•
<br />In the event of loss, Borrower shall give prompt natice to the insurance carrier and Lender. Lender may make
<br />proof of loss if not made promptly by Borrawer. Unless Lender and Borrower otherwise agree in writing, any
<br />insurance proceeds, whether or not the underlying insurance was requircd by I.ender, shall be applied to restoration
<br />or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened.
<br />During such repair and restoration period, Lender shal.l have the right to hold such insurance proceeds until Lender
<br />has had an opportunity to inspect snch Property to ensure the work has been completed to Lender's satisfaction,
<br />provided that such inspection shall be undertaken promptly. I.ender may disburse proceeds for the repairs and
<br />restoration in a single payment or in a series af progress payments as the work is completed. Unless an agr�ennent
<br />is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be
<br />required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties,
<br />retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Barrower.
<br />If the restoration or repair is not econornically 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, I.ender 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 claim, then I,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 Lender (a) Borrower's rights to any insurance proceeds in an amount not to exceed the amounts unpaid
<br />under the Note or this Security Tnstrument, and (b) any other of Borr�wer's rights (otlxer than the right to any refund
<br />of unearned prerniums paid by Barrower) under all insurance policies covering the Property, insofar as such rights
<br />4 `\
<br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT DocMagic � aoasas-r3s
<br />Form 3028 1l01 Page 4 of 9 1 www.docmag/c.com
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