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2Q1007825 Borrower shall proannptly discharge any lien which has priority over tt�is Security Instnunent unless Borrower: (a) agrees in writing to the payment of the obligation secured by che lien in a rnanner acceptable to Lender, but only so lang as Bonower is perfornung such agreement; (b) cvntests the lien in good fai.tl� by, or defends against enforcement of the lien in, legal proceedings which in Lender'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 frorn the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender deternunes that any part af the Property is subject to a lien which caz� attain priority over this Security Instzvment, I.ender may give Borrower a notice identifying the lien. Within 1.0 days of the date on which that notice is given, Borrower shall satisfy the lien or take one ar more of the actions set forth above in this Se�tion 4. Lender may require Borrower to pay a one-time chazge for a real estate tax verification and/or reporting service used by Lender in conn�ction with this Loan. 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured againstloss by fire, hazards included within the tenm "extended coverage," and any other hazazds including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be rmaintained in the arnounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. The insuraz�ce carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Barrower's choice, which right sha11 not be exercised unreasonably. Lender may require Borrower ta pay, in connection with this Loan, either: (a) a one-tirne charge for flood zone determination, certi�cation and tracking servic�s; or (b) a one-tirne charge for flood zone determination and certification services and subsequent charges each tirne remappings or similar changes occur which reasanably rnight affect such determination or certi�cation. Borrower shall also be responsible for the payment of any fees irnposed by the Fe�leral �mergency Managernent Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Bonower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender's option and Barrower's expense. Lender is under no obligation to purchase any particulaz type or amount of coverage. Therefore, such coverage shall cover Lender, but rnight or rnight not protect Borrower, Borcower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the c�st of the insurance coverage so obtained might significantly excced the cost of insuxance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall become additioz�al debt of Borrower secured by this Securi.ty Instrurr►ent. These arnounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from L.ender to Borirower requesting payrnent. All insuranc� policies required by Lender and renewals of such policies shall be subject to Lender's �ight to disapprove such policies, shall include a standard martgage 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 Lender requires, Borrower shall pramptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtain�s any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standacd mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee. In ihe event of loss, Borrower shall give prompt notice to the insurance carrier and I..ender. I.ender may make praof of loss if not made promptly by Banower. Unless Lender and Borrower otherwise agree in writing, any iz�surance prpceeds, whether or not the underlying insurance was requirefl by Lender, shall be applied to restoration or repair of the Property, if the restoratian ar repair is econornically feasible and Lender's security is not lessened. During s�xch repair and restoration period, Lender shall have the right to hold such insurance praceeds until Lender has had an opportunity to inspect such Property to ensure the NEBRASKA - Single �amily - Fannie MaelFreddie Mac UNIFORM INS7RUMENT �-61NE) Ios>>) Page 8 of 15 in�s�ais: � �� Form 302$ 1/01 i;+ � � � • �