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<br />shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than
<br />12 monthly payments.
<br />Upon payment in full of �11 sums secured by this Security Instrument, Lender shall promptly refund to Borrower
<br />any Funds held by I.ender.
<br />4. Charges; Liens. Borrawer shall pay all taxes, assessments, charges, fines, and impositions attributable to
<br />the Property which can attain priprity aver this Security Instrument, leasehold payrnents or ground rents on the
<br />Praperty, if any, and Community Association Dues, Fees, and Assessments, if any. To the extent that these items
<br />are Escrow Items, Borrower shall pay them in the rnanner provided in Section 3.
<br />Borrower shall pronnptly discharge any lien which has priority over this S�curity Instrument unless Borrower:
<br />(a) agrees in writing to the payment of khe obligation secured by the lien in a manner acceptable to Lender, but only
<br />so long as Borrower is perfornung such agreernent; (b) contests the lien in good faith by, or defends against
<br />enfprcernent of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien
<br />while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder
<br />of the lien an agreement satisfactory ta Lender subordinating the lien to this Security Instrument. Tf I,ender
<br />deternunes that any part of the Property is subject to a lien which can attain priority over this Security Instrument,
<br />T.,ender 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 Borrawer to pay a one-time charge for a real estate t� verification and/or reporting service
<br />used by Lender in connection with this Loan.
<br />�. Property Insurance. Borrov�+er shall keep the improvements 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 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 Lender's right to disapprove Borrower's choice, which right shall
<br />nat be exercised unreasonably, I.ender may require Borrower to pay, in connection with this L.aan, either: (a) a one-
<br />time charge for flood zone determination, certification and tracking services; or (b) a one-time charge for flood zone
<br />deternnination and certification services and subsequent charges each time remappings or sirnilar changes occur which
<br />reasonably might affect such deternunation or certification. Borrower shall also be responsible for the paynnent of
<br />any fees innposed by the Federal Ernergency 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 caverages 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 might or might not protect Borrower, Bonower'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 af Borrower secured by this Security Instrument. T'hese
<br />amounts shall bear interest at the Note rate from the date oF disbursement and shall be payable, with such interest,
<br />upon notice from I.ender to $orrower requesting payment.
<br />All insurance policies required by I.ender and renewals of such policies shall be subject to Lender's right to
<br />disapprove such policies, shall include a standard rxiortgage 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 certificates. If I.ender requires,
<br />Borrower shall promptly give to Lender all receipts of paid prerniums and renewal notices. If Borrower obtains any
<br />fornn of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such
<br />policy shall include a standard mortgage clause and shall name L.ender as mortgagee and/or as an additional loss
<br />payee,
<br />In the event of loss, Borrower shall give prompt notice to the insurance carrier and I.ender. Lender may make
<br />proof af loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any
<br />insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration
<br />or repair of the Property, if the restoration or repair is econornically feasible and L.ender's security is not lessened.
<br />During such repair and restoration period, J_,ender shall 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 promptly. Lender may disbnrse proceeds for the repairs and
<br />restoration in a single payment or in a series of pragress payrnents as the work is campleted. Unless an agreement
<br />is made in writing or Applicable �,aw requires interest to be paid on such insurance proceeds, L.ender shall not be
<br />requixed to pay Barrower any interest or earnings on such proceeds. �ees 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 Borrower.
<br />If the restoration or repair is not economically feasible or I,ender's security would be lessened, the insurance proceeds
<br />shall be applied to the sunns 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 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 arnounts unpaid
<br />under the Note or this Security Instrument, and (b) any other of Borrower's rights (ocher than the right to any refund
<br />of unearned premiums paid by Borrower) under all insurance policies covering the Property, insofar as such rights
<br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFQRM INSTRUMENT DocMa�ic � soo-s4s-�sez
<br />Form 3028 1/01 Page 4 of 1 1 www.docrosqic.com
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<br />Na362$.dot.wnl
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