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201008200 <br />Borrower shall promptly discharge aniy li�n which has priority ove�r this Se�urity Xnstn�ment txnless <br />Borrower: (a) agx�ees in writing to the payment of the obligation secure� by Cl� lien in a manner acceptalale <br />to L,ender, but only so long as Borrower is perfarming such agrce�nent; (b) contests the li�n in goad faith <br />by, or defends against enforcement of the lien in, legal procoedings which in Lender's opinion operate to <br />prevent the enfom.ement of the lie� while those proceedings are pending, but only until such proceedings <br />are concluded; or (c) s0cures from the holder of the liea� an agre�t satisfacWry to I.ender subprdinating <br />the Iien to this Secutrity Itastinmacnt. If L.ender determines that any parc of the Property is subject to a lien <br />w�ich can attain priority over this Securtty Instnunent, Lc�der may give Borrower a notice ideandfyu►g the <br />lien. Within 10 days of the aste on which r�riac noace is given, Hornower shall satisfy the lien or talr� one or <br />more of the actions set forth above iin this Section 4. <br />Lender naay require Borrower to pay a one-tiyne cbarge for a real esrate tax verification and/or <br />reporting service uscd by Lender in cot�ection with this I.oan. <br />5. Pro�eriy L�urance. Borrower s�all keep tt� improvementa now e�xistin$ or hereafter ere�ted on <br />the Property insured against loss by fire, hazards i�luded within the term "extende�i coverage," and any <br />other hazazds including, but ;nat limited to, e�arthqualaes and flaods, for which Lender requires insutat�ce. <br />This insurance shall be rnaintained in the amuounts (iucluding de�uctible levels) and for the periods that <br />L,ender requizes. What i.ender reqr�ar�cs pursuant to tb.e preceding sentences cau cha�,ge during the term of <br />Che L.oan. The 'xnsuran,ce carrier providing thc insurance shall be rd�oaen by �3orrower subject to L�ndcr's <br />right to disapprove Horrower's choice, whic�h right shall not b� eaercised unreasonably. Lender may <br />require Borrowe�r to pay, in cannection with this Loan, either: (a) a one-time r.harge for flond xone <br />determination, certi�ication and tracki�$ servioes; or (b) a one-time charge for flood xone determinatian <br />and certification serviccs and subsequent chargcs each time remappings or similar change� axur which <br />reasonably might affect such detcrminatian ar c�ti�ication. Borrower shall also be respansibl� for the <br />payme�,t of any fces imposed by the Ferleral Eusergency Mauagement Ageacy in connecCion with the <br />review of any flood zone determination resrilting from an objcction by Borrower. <br />If Sorrower fails to maintain any of the coverages described above, L�aadar may obtain insurance <br />coverage. at L,ender's opdon and Borrower's expense. L�der is under no obligation W purck�asc any <br />particular type or arnount af coverage. Tt�ercfore, such covcrage shall cover usnder, but tnight or inight <br />not prrc»t�ect Borrovver, Borrovver's equity in the Property. or the cantents of the Froperty. against any risk, <br />hazard or liability a�d might provide greater or lesser coverage than was previously in effcct. Borrower <br />acknowledges that the cosc of the i�asurance covetage so obtained might significantly exceed the cost af <br />insuran�ce that Borrower coul.d have obtained. Any amounts disburseri by I�nder under this Se�tion 5 sba11 <br />become addirioxxal debt of Borrower secured by this Security Inatrument. Theae announts sh,all bear interest <br />at the Note rate from the date of disbursemen�,t sud shall be payable. with su� intet�est, upan notice from <br />Lender to Botro'a�' re4��8 P <br />All ins�u�ance policies required by Lender and re�ewals of such pnlicies sball be aubject to L�ndcr's <br />right to disapprov6 such policies. s�all include a staudard mortgage clau�se, and shal] nam�e I.�ender as <br />mortgagee and/or as an addirional loss payee. L,ender shall have tl� right to hold the policies and renewa! <br />certificatca. If L�dcr raqnire,s� Borrower sball pmmptly give to I.ender all receipts of paid pr�niums and <br />renewal notices. If Horrower obtains any foarm of insurance �verage, not otherwise required by L.ender, <br />for d�nage to, or destnuKion of, the Property, such policy sha11 include a standazd mortgage clause and <br />shall name L�der as xn�ortgagee andJ�r as an additibnal loss payec. <br />In the event of lo�s, Harrawer shall give prompt notice to t�he insurance carrier and L�dcr. Lender <br />rnay uaalr�e pmof of loss if not made prompdy by Borrower. Unless I.ender and Borrower otherwise agree <br />in writing. anY insurance Procceds. wh�ther or not the underlying insurance was required by r.ender, shall <br />be applied to restoratiton or repair of the Property, if the resCnration or repair is economically feasible and <br />Lender's security is t�t lessened. During such repair and restoration per�od� L.ender shall have the xight to <br />hold such ins�uranoe procoads until L,endcr has had an opporiunity to inspoct such Properry to ensure the <br />NEBRASKA - Sinale Family - Fennis Mn/FreddH Mac LINIFDRM INSTRUMENT <br />�-BIN�) ias� u Pw• a oe �a inni�.: For�n 3028 7/07 <br />