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20�007954 Borrawer shall promptly discharge any lien which has priority over this 5ecurity lnstrument unless Borrpwer: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as Borrower is perfornain� such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement o£ the lien while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instnument. If Lender determines that any part o� the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender rnay require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. S. Property Insurance. Barrower shall keep the improvements now existing ar hereafter erected on the Property insured against los5 by �re, hazards included within the term "extended coverage," and any other hazards includin�, but not linnited to, earthquakes 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 Loan. The insurance carrier providing the insurance shall be chosen 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 connection with this Loan, either: (a) a one-time charge for flood zone detcrrninatian, certification and tracking services; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each time renaappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of any feea imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Horrower. If Borrower 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 pu�chase any particular type or amount of coverage. Therefare, snch coverage shall cover Lender, but might ar might not protect Borrower, Borrower's equity in the Property, ar the contents of the Property, against any risk, hazard or liability and might provide greater or lessez coverage than was previously in effect. Bonower acknowledges that the cost of the insurance coverage so obtained rnight significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date nf disbursement and shall be payable, with such interest, upon notice From Lender to Borrower requesting payrnant. All insurance policies required by Lender and renewals of such policies shall be subiect to Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender a5 mortgagee and/or as an additional loss payee. Lender shall have the right to hold the policies and renewal certi�cates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any fozm of insurance coverage, not otherwise required by I,ender, for damage to, or destruction of, the I'roperty, such policy sha11 include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may �nake praof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in wciting, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is econprnically 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 Property to ensure the 230945 NEBRASKA - Single �amily - Fannie MaelFreddie Mac IINIFORM INSTRUMENT �-6(NE) �oeii� Paga6 of 15 Initiais: Form 3028 1101 �