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2oioo�s�s Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of t1�e obligation secured by the lien in a manner acceptable to Lender, but only so long as Borrower is perforrt�ing such agreement; (b) contests the lien in good faith by, ar dafends against enforcement of the lien in, legal proceedinga which in Lender's opinion operate to 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 a�ree�nent satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which can attain priarity over this Security Instrument, Lender may give Borrawer a notice identifying the lien. Within 10 days of the datc on which that notice is given, Borrower sha11 satisfy the lien or take one or znore of the actions set forth above in this Section 4. Lender may require Bprrower ta pay a one-tune charge for a real estate tax verification and/or reporting service used by I,ender in connectian with this Loan. 5. Property Insurance. Borrower shall keep the improvements now existing 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 limited to, earthqualces and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (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 Laan. The insurance carrier providing the insurance slaall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall nat be exercised unreasonably. Lender may require Borrnwer to pay, in connection with this Loan, either: (a) a one-time charge for flood zone determination, certificatipn and tracking services; or (b) a one-time charge for flopd zone determination and certification services and subsequent charges each Cime remappings or sirrailar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting fronn an objectian by Eorrower. If Bprrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender' 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 Borrower, Borrower' s equity in the Property, or the contents pf the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might signi�cantly exceed the cost of insurance that Borrower could have obtained. Any amaunts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrurnent. 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 Borrawer requesting payment. All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall include a standard mortgage clause, and sha11 name Lender as martgagee and/or aa an additional loss payee. Lender shall have the night to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender a11 receipts of paid premiums and renewal notices, If Borrower obtains any form of insurance coverage, nat otherwise r�quired by Lender, for damage to, or destruction of, the Property, such policy sha11 include a standard mortgage clause and shall narne Lender as mortgagee and/or as an additional loss payee. In the evant of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of lpss if npt rnade prarnptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance praceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration ar repair of the Property, if the restoration or repair is economically feasible and Lender' s security is not lessened. During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lender has had an opporiunity to inspect such Prpperty ta ensure the 230841 NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT � �oeii� Page6 of 15 Initials:"�%�I�1� FOP�II 3028 1101 �