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<br />Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used
<br />by Lender in connection with this Loan.
<br />5. Property Tnsurance. Borrower shall keep the improvements now existing or hereafter erected on the Property
<br />insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not
<br />limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts
<br />(including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding
<br />sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower
<br />subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require
<br />Borrower Co pay, in connection with this T,oan, either: (a) a one-time charge for flood zone determinatian, certification and
<br />cracking services; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each
<br />time remappings or sirnilar changes occur which reasonably might affect such determination or certi�cation. Borrower shall
<br />also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with
<br />the review of any flood zone detcrmination resulting from an objection by Borrow�r.
<br />If Borrower fails to maintain any of the caverages described above, Lender rnay obtain insurance coverage, at
<br />Lender's option and Bortower's expense. Lender is under no obligation to purchase any particular type or amount of coverage.
<br />Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the Property, or
<br />the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was
<br />pceviously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the
<br />cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section S shall become
<br />additional debt of Borrower secured by this Security Tnstrument. These amounts shall bear interest at the Note rate from the
<br />date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment.
<br />All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to
<br />disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an additional
<br />loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly
<br />give to I.ender all receipts af paid premiums and renewal notices. If Borrower abtains any form of insurance caveragc, not
<br />otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage
<br />clause and shall name Lender as mortgagee and/or as an additional loss payee.
<br />in the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make praof of
<br />loss if not made promptly by Borrawer. Unless Lender and Borrower atherwise agree in writing, any insurance proceeds,
<br />whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair af the Property, if the
<br />restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoratian period,
<br />Lender shall have the right tp hold such insurance proceeds until Lender has had an opportunity to inspect such Property to
<br />ensure the work has been completed to Lendcr's satisfaction, provided that such inspection shall be undertaken prornptly.
<br />Lender may disburse procceds for the repairs and restoration in a single payment or in a series of progress payments as the
<br />work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance
<br />proceeds, Lender shall not be required to pay Borrower any interest or earnin�s on such proceeds. Fees for public adjusters, or
<br />other third parties, retained by Barrower shall nat be paid out of the insurance proceeds and shall be the sole obligation of
<br />Borrower. If the restoratian or repair is not economically feasible or Lender's security would be lessened, the insurance
<br />proceeds 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 Sectian 2.
<br />If Borrower abandons the Property, Lender may �le, negotiate and settle any available insurance claim and related
<br />matters. If Borrower does not respond within 30 days to a notice from Lender that the insurance carrier has ofFered to settle a
<br />claim, then I�ender may negotiate and settle the claim. The 30-day period will begin when the notice is given. ln either event,
<br />or if Lender acquires the Froperty under Section 22 or otherwise, Borrower hereby assigns to I,ender (a) Borrower's rights to
<br />any insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Insmiment, and (b) any
<br />other of Borrpwer's rights (ather than the right to any refund of unearned premiums paid by Borrower) under all insurance
<br />policies covering the Property, insofar as such rights are applicable to the coverage of the Praperty. Lender may use the
<br />insurance proceeds either to repair or restore the Property or to pay amounts unpaid undex the Note or this Security Instrument,
<br />whether or not then due.
<br />6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal residence within 60
<br />days after the execution of this Security instrument and shall continue to occupy the Property as Borrower's principal residence
<br />NEBRA5KA--Single Family--Fannie Mae/Freddie Mac UNIFORM IN3TRUMENT
<br />�+ 338.2 Page 5 of 12 Form 3028 l/Ol
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