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201007�� Borrower shall promptly discharge any lien which has priority over this Security Inslxument unlesa Borrower: (a) agrees in writing to the paymenx of the obligation secured by the lien in a rnanner acceptable to Lender, but only so long as Bvrrower is performing such agreement; (b) cantests the lien in good faith by, or defends against enforcement of the lien in, legal proccedings which in Lender's opinion operate to prevent the eiaforcement of the lien while thase proceedings are peiading, but only until such proceedings are con.cluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating t}�e lien to thia Security Instrument. Tf Lender determines that any part of the Property zs subject to a licn which can attain priarity over this Security Instrument, Lender rnay give Soirower a notice identifying the lien. Within 10 days of tbe date on which tlaat notice is given, Borrower sha�ll satisfy the lien or take one or rnore of the actions set forth above in this 5ection 4. Lender may require Sorrower to pay a rnnatime charge for a real estate tax veri�ication and/or reporting service used by L,ender in connection with this Loan. 5. Property Insurance. Borrower ahall keep the irnprovements now existing or hereafter ere�ted on the Property in,sured against loss by fire, hazards included within the term "e�ended coverage," and any other hazards including, but not limited to, eazthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the aanaunts (including deductible levels) and for the p�riods that Lender requires. What Lender requires pursuant to the preceding sentences caia change durin$ the term of the Loan. The insurance cairier providing the insurance shall be chasen 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 connectinn with this I..oan, either: (a) a on�rirne cha�rgc for flood zone determination, c,ertification and tracldng services; ar(b) a on�time charge for flood zane determination and certification services and subsequent charges each rirne remappings or similar changes occur which reasonably mig}�t affect such determination or certification. Horrower shall also be respansible for the payment of any f�s imposed by the Ferleral Emergency Mana.gement Agency in cannection with the review of any flood zone detennination resulting frarn an objection by Burrower. If Borrower fails to rnaintain any of the coverages descr�ibed above, Lender may obtain insurance coverage, at Lender's option and Borrower's e�cpense. 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 Borrower, Borrower' s aquity in the Property, or the contents of the Property, against any risk, hazard ar liability and might provide greater or lesser coverage than was previously in effect. Horrnwer acknowle$ges that the cost of the insurance caveraga so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this 5ection 5 shall become additional debt of Borrower secured by this Sacurity Instrument. These amounts shall bear interest at the Nate rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrawer requesting payment. All insurance policies required by Lendet' and renewa�ls of such policies shall be subject W Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an additianal lass payee. Lender shall have the right to hold the policies and renewal cerlificates. If Lender requires, Borrovver shall promptly give ta Lender all recceipts of paid premiums and renewal notices. If Borrower obtains ainy form of insurance coverage, not othervvise required by Lender, far daxnage to, ar destruct�ion of, the Property, stxch policy shall include a standard mortgage clause and shall nazne Lender as mortgagee and/or as an additional loss payee. In the event of loss, Horrower shall give prompt uotice to the insurance carrier and Lender. L,ender may make proof of loss if nat made promptly by Borrower. Unless Lender and Borrowe�- otherwise agree in writing, any insurance praceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoratian or repair is econornically feasible and Lender' s security is not lesseined. During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lender k�as had an opportunity to inspect such Property to ensure the 2200076996 D V6ANt� NEBRASKA - Singla Family - Fannle Mae/Fraddle Maa UNIFORM INSTRUMENT WITH/M �-BA�NE� 10810) Pepe � of 15 InWale: G FOR11 3028 '�/01 c�