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2 o�oosi5� Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so lon� as Sorrower is performing such agreement; (b) contests the lien in good faith by, or defends against enfarcement of the lien in, legal proceedings which in Lender' s opinion operate to prevent the enforcement af the lien while those proceedings aze pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreement satisfactary to Lender subordinating the lien to thia Security Instrument. If L,ender determines that any part of the Property is subject to a lien which can attain priarity over this Security Instrument, Lender may �ive Borrower a notice identifying the lien. Within 10 day� of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set farth above in this Section 4. Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in conneccion 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 caverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in tk�e amounts (includin� deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change durin� the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprave Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower tn pay, in connection with this Loan, either: (a) a one-tirne charge for flood zone determination, certi�cation and tracking services; or (b) a one-time charge for flood zone deterznination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determinatian or certification. Borrower sha11 also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any fload zone determination resulting from an objection by Barrower. If Borrower fails to maintain any af the coverages described above, Lender xnay obtain insurance coverage, at Lender' s option and Borrower' s expense. Lender is under no obligation to purchase any particular type ar amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower' s equity in the Prpperty, or the contents of the Property, against any risk, hazard or liability and znight provide greater or lesser coverage than was previously in effect. Borrower acknawledges that the cost of the insurance coverage so obtained rnight significantly exceed the cost of insurance that Borrower could have bbtained. Any amounts disbursed by Lender under this 5ection 5 shall become additional debt of Borrower secured by this Security Instrument. 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 Borrower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subjact to Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall narne Lender as mortgagee and/ar 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 a11 receipts of paid premiums and renewal notices. If Borrower obtains any £orm of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional lass payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance wa.s required by Lender, sha11 be applied to restoration or repair of the Property, if the rastoration 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 opportunity to inspect such Property to ensure the 230950 NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT ( �-B�NE) �asii� Pege6 of 15 in�t�eis: p� Form 3028 1/01 �