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<br />V4 WBCD LQA1Q # 503d716Z�
<br />shall natify Bnrrawer as required by RESPA, and Borrawer sha(1 pay to Lender the amaunt necessary to make up the
<br />sharkage in accordance with RESPA, but in no mare than 1� m�nthly p�yments. If there is a deficiency af Funds held
<br />in escrow, as defined under R�SPA, Lender shall notify Barrower as required by RE5PA, and Bnrrow�r shall p�y to
<br />L.ender the arnount necessary to make up the deficiency in accordance with RESPA, but in no more than 12 monthly
<br />payments.
<br />Upan payment in full ai all sums secured hy this Security Instrumertt, l.ender shall prompkly relund ta Barrower any
<br />�'unds held by Lsnder.
<br />4. Chargea; I..lana. Barrower shall. pay all taxes, assessments, charges, flnes, and Impositions atCributable to the
<br />Property which can a#tain priqrity aver tMis Security Instrument, leasehold payments or ground renta on the Praperty,
<br />rfany, and Cnrr�munityAssociation I]ues, Fees, and Assessments, ifany. To.the extentthatthese items are Escrow It�ms,
<br />Borrower shall pay them in the manner provid�d in S�ctian S. '
<br />Bnrrawer shall promp#ly discharge any �ien which has priority aver this Security Inskrument u�less Barrower: (a)
<br />agrees in writing to the payment of the ohligation sepured by the lien in a manner acceptable ta Lender, but only sa Inng
<br />as Barrawer is performing such agreement; (b) contests the lien in goadfaith by, ar defends against enfaraement of �e
<br />lien in, I�egal proceedings which in I�end�r's opinion aperate ta prevent the enforcement aF the lien while thase
<br />proceedings are pending, but anly until such proceedings are cnncluded; ar (c) secures fram the holder af the lien an
<br />agreement satisfactnry to Lender subardinating ihe lien to this Security Instrument. If Lender cletermines that any part
<br />of the prvperty is subject to a lien which can attain priarity ouer this Security Instrument, Lender may give Barrnwer a
<br />notice identifying the lien. Within 10 days of ihe date an which that notice is given, Barrower shall satisiy ti�e lien ar take
<br />nne or more nf the actians set forth abov� in this Sec#ian 4.
<br />L�nd�r may require Bnrraw�r to pay a one-time charge for a real estate taxvr�rification and/or r�porting service used
<br />by l.ender in canne�C�an with this Loan.
<br />5. Prnperty Insuranca, �arrawer shall keep the improvements now existing ar hereafter erected an the Property
<br />insured against Inss by �ire, hazards included withirt the term "extended caverage," and any ather hazards including,
<br />b�t not fimited to, earthquakes and floods, far which Lender requires insurance. This insurance shall be maintained in
<br />the amounts (including deductible levels) and for the periods that Lender requires. What Lander requires pursuant ta
<br />the preceding sentenc�s can change during the term af the l..oan. The insurance carrier providing the insursnce shall
<br />be chosen by Borrawer subject tn l.ender's right ta disapprove Borrower's choice, which right shall not be exercised
<br />unreasonably. l.ender may require Borrower to pay, in cannection with this Lvan, either: (a) a one-time charge for flood
<br />xone dekerrnination, certifi�atian and tracking service�s; or (b) a one-tim� charge for flood zone cEetermination and
<br />certification services and subsequant charges eaah time remappings nr similar changes occur which reasortai�ly might
<br />affect such deCerminatian ar cerkification. Barrower shall alsa be respansible for the payment af any fees imposed by
<br />the Federal Ennergency Management Agency in cannectian with the review of any fload zane d�termination resulting
<br />from an objection by Borrower.
<br />lf Barrawer fails to maintain any of the ca�erages described above, l.ender may abtain insurance coverage, at
<br />L�rnder's aption and Borrower's �xpense. Lr�nd�r is under no obligatian to purchase any particular type or amount of
<br />cove�age� T"herefore, sucfi coverage shal! cover Lender, f�ut might or might nat pratect Barrnwer, Borrower's equity in
<br />the property, vr the cantents af the Praperty, against any risk, haxard or liability and might provide greater or {esser
<br />coverage than was prerriously in effect. Borrower acknawledges that the cost of the insurance caverage sa abtainad
<br />might slgniflcantly exceed tl�e cost af insurance that Bprrawer could have obtained. Any amounts disbursed by Lender
<br />underthis Section 5 shall become additional debt af Borrawer secured by this Securiry Instrument. These amounts shall
<br />bear interest at the Nate rate frnm tha date af disbursement and shall be payable, with such interest, upon notice from
<br />Lender ta Borrower requesting payment,
<br />A11 insurance policies required by Lender and renr�wals of such policies shall be subject ta Lender's right to
<br />disapprove such policies, shall include a standard martgage clause, and shall name Lender as mortgagee andJor as
<br />an additianal loss payee. Lender shall have th� right to hold the policies and renewal certi�cates. If Lender requlres,
<br />Bprrower shall promp#ly give ta l.ander all receipts nf paid premiums and renewal notices. If 8orrnwer nbtains any form
<br />ofi insurance coverage, natotherwise required by Lender, fordxmage to, ordestruction of, the Properry, such palicy shall
<br />include a standard mor#gage clause and shall name Lender as martgagee andJor as an additianal lpss p�yee.
<br />In the event of loss, Barrower shall �ive prompt notice to the insurance carrier �nd Lender. Lender may make praof
<br />of Inss If not made pramptly by Borrawer. Unless Lender and Barrower otherwise agree in writing, any insuranc�
<br />praceeds, whether ar not the undertying insurance was required by Lender, shall be apPlled tn restoratian vr r�pair of
<br />the Prnperty, i�khe resTaratian or repair is economicallyfeasible and Lender's security is not lessened. During such repair
<br />and restoration period, Lender shall have the right to hold such insurance proce�ds urtti} Lender has had an opportunity
<br />to inspect such Property tv ensure #hewcark has been completed to Lender's satisfaction, provided that such inspec#ian
<br />shall be undertaken promptly. Lender may disburse praceeds for the repairs and restaration in a sing(e payment or in
<br />a series of progress payman#s as the work is completed. Unless an agreement is made in wr�ting ar Applicable I.,aw
<br />requir�as interest to be paid on such insurance praceeds, Lender shall net be required tc, pay Bortower any interest or
<br />earnings on such proceeds. Fees tor public adjusters, nr other third parties, retained by Barrower shall nvt be paid vut
<br />af the insurance proceeds and shail be �te sale nbligation a�1 Barrower. (f the restnration or repair is not economically
<br />feasibia or Lender's security wauld be lessened, the insurance prxe�ds shall be applied to the sums secured by this
<br />5ecurity Instrument, whether nr noC then due, with the excess, it any, paid tv Borrower. Such insurance praaeeds shall
<br />be applied in the arder pravided for in Section 2.
<br />It Bnrrawer abandons the Property, L�nder m�y file, negotiate and settle any available insurance claim and related
<br />matters. If Barrower daes na# respond withfi 3Q days to a nn#ice frnm Lender that the insurance carrier has o#fered ta
<br />s�ttle a claim, then Lend�r may negotiate and settle the c�afm. The 30-day periad will begin when the notice is given.
<br />In either event, or N Lender acquires tha Praperty under Section 22 or otherwise, Borrower hereby assigns to Lender
<br />(a) Bvrrvwer's rights tn any insurance proceeds in an amaunt nat to exaeed th� amounts unpaid under the IVote nr this
<br />Security Instrument, and {b) any other of Borrawer's rights (other than the right to any refund af unearned premiums
<br />paid by Borrawer) under all insurance policies co�ering the Properky, insofar as such rights are applicable tcs the
<br />coverage of the Property. Lender may use the insurance proceeds either ta repair or restore the Praperty ar to pay
<br />amounts unpaid under the Na#� or this Security Instrument, whether or not then due.
<br />6. Oacupancy. Bprrower shall accupy, establish, and use the Property as Bc�rrower's principal residence within
<br />S� days after the executian of this Security (nstrument and sMall continue to occupy the Property as 8orrow�r's p incipa!
<br />NEBFiASKA--Single Family--FanNe Mae/Freddta Mec UNI�AFlM. INSTRUMENT Form 30281/p1 Ini�i�18 � l
<br />�`J i999-2007 anline fJocurnents, �nc. Rtige a of 9 N EE �705
<br />10-2 -�q10 12sp7
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