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2aioos335 Borrower shall promptly discharge any lien which has priority over this Security Instrurnent unless Borrower: (a) agrees in writing to the payrnent of the obligation secured by the lien in a manner acceptable to Lender, but only so lang as Borrower is performing 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 of the lien while those proceedings are pending, but only until such proceedings are concluded; ox (c) secures frarn the holder of the lien an agreement satisfactory to L,ender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrurnent, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given, Borrower sha11 satisfy the lien or take one or rnore of the actions set forth above in this Section �4. Lender may require Borrower to pay a one-tirne charge for a real estate tax verification and/or reporting service used by I.ender in connection with this Loan. 5. Property Insarance. Borrower shall keep the improvernents now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazaxds inclnding, but not limited 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 I.,ender 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 connecCion with this Loan, either: (a) a one-time charge for flood zone determination, certi�cation and tracking services; or (b) a one-time charge for fload zone determination and certification services and subsequent charges each tirne remappings or similar changes occur which reasonably might affect snch determination or certification. Borrower sha11 also be responsible for the payrnent of any fees imposed by the �ederal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender's option and Borrower's expense. �.ender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Bo�rrawer's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might signi�cantly exceed the cost of insurance that Borrower could have obtained. Any arnounts disbursed by I.ender under this Section 5 shall become additional debt of Borrawcr 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 oP such policies shall be subject to Lender's right to disapprove such policies, shall include a standard martgage clause, and shall name Lender as mortgagee and/or as an additional lpss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrawer shall promptly give to Lender a11 receipts af paid premiums and renewal notices. If Borrower obtains any form af insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such palicy shall include a standard mortgage clause and shall narne Lender as rnortgagee 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 rnake proof of loss if not made promptly by Borrower. Unless Lendex ar�d Borrower otherwise agree in writing, any insurance proceeds, whethcr 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 economically feasible and I,ender'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 NEBRASKp - Single Family - Fannie MaelFreddie Mac UNIFpRM INSTRUMENT �-��I��) (0811) Pape 8 of 16 Initlals: � � Form 3028 1/07 / I , ,.• � ; :i�;� 'r•��,r _ � ,r.tiY