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2010�8653
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<br />shaH notify 8orrower as required by RESPA, an+d Borrawer shall pay to L.ender the amount necessary to make up #he
<br />shortage in accordance with RESPA, but in no more than 12 manthly payments, If there is a deficiency of Funds held
<br />in escrow, as defined undef RESPA, Lendar shall notify �orrower as required by RESPA, and Borrawer shall pay to
<br />Lender the amount necessary tv mak� up the deficiency in accordance with RE5PA, but In no more than 12 manthly
<br />payments.
<br />�pan payment in full oiall sums secured bythis Security Instrument, Lendershail pramptly refund to Borrowerany
<br />Funds held by Lender.
<br />4. Chargas; Llens. Barrowe► shall pay all taxes, assessments, chargas, fines, and impositions attributahle to the
<br />Prvperty which can attain priority over this Security Instrument, leasehold payrnents or ground rents on the Property,
<br />rfany, and CammunityAssaciation Dues, Fees, and Assessments, if any. Tv theextentthatthese items are Escrow Items,
<br />Barrower shall pay them in the manner protided in SeCtlon 3.
<br />Borrawer shall promptly discharge any lien which has priarity over thla Security lnstrument unless Borrawer: (a)
<br />agrees in writing to the payment of the obligatlon secured by the Ilen in a manner acceptable to Lender, but only so long
<br />as Borrcwer is pertorming such agreement; (b) contests the lien in good faith by, or defends against enfvrcement of the
<br />lien in, legal proceedings which in Lender's apinivn operate to prevent the enfor�ement of the lien while thase
<br />proceedings are pending, but only until such praceedings �re concluded; ar (c) secures from the holder af the lien an
<br />agrsement satisfactary to Lender subordinating the lien to this Security Instrument. If Lender determines that any part
<br />of the Property is suhject to a lien which can attain priarity o�er this Security Instrument, l.ender may give Borrower a
<br />notice identiiying the lien, Within 10 days af the date on which that notice is gi�en, �orrower shall satisiy the liert or take
<br />one or mora ofi the actions set fnrth abvve in this Secti�n 4.
<br />Lender may rQquire Borrower tv pay a one-time charge far a real estate tax�erification andJor reporting senrice used
<br />by Lender in cannection with thi� Loan.
<br />5. Proparty lnsuranaa. Borrower shall keep the improvements now existing or hereafter erected vn the Pr�perty
<br />insured against loss �ay fire, hazards included wlthin the term "extended caverage," and any other hazards including,
<br />but not limited to, earthquakes and floods, f�r which Lender requires insurance. This insurance shall be maintained in
<br />the amounts (including t�eductible levels) and for the periods that Lender requires. What Lender requires pursuant to
<br />the preceding sentences can chartge during the term of the Loan. The insurance carrier providing the insurance shall
<br />be chosen by Borrower suF�jeot to i,.ender's right tc disapprove 6orrower's chaice, which right sha(( nat be exercised
<br />unreasonably. Lender may require Borrowerto pay, in connocdon with this Loan, either: (a) a one-tlme aharge for flood
<br />zone determinatinn, certificatlon and tracking senrices; or (b) a ane-time charge for flaod zane determination and
<br />certification services and subsequent charges each time remappings or similar changes accurwhich reasonably might
<br />affect such determination ar certification. Barrower shall also be respansible for the psyment of any fees imposed by
<br />the Federal Emergency Management Agency in cannection with tYre review af any flood zone determination resulting
<br />from an objection by Borrower.
<br />If Barrower i�ils to maintain any of the coverages described above, Lender may obtain insurance coverage, at
<br />Lender's option and Barrower's expense. Lender is under no obligation to purchase any parrticular type ar amount of
<br />coverage. Therefara, such caverage shall cover Lender, but might or might n�t protect Borrower, Borrower's equity in
<br />the Property, ar the cantents of the Property, against any risk, hazard or liapility and mlght pro�ide greater or lesser
<br />coverage than was prevlously in effect. Borrnwer acknowledges that the cost of the insurance coverage sn obtained
<br />might significantly exceed the cost af insurance that Borrower cauld hava obtained. Any amounts disbursed by Lender
<br />under this Section 5 shall becnme additional debt of Borrower secured by this Securi#y Instrument. These amounts shall
<br />bear interest at the Note rate from the date of disbursement and ahall be payable, with such interest, upon notice from
<br />Lender to Borrower requesting payment.
<br />All insurance palicies required py Lender and renew�l� of such policies shali be subject ta Lender's right tr�
<br />disapprave such policies, shall include a stand�ird mortgage clause, and shall name Lender as mortgagee and/ar as
<br />an additianal loss payee, L�nder shall have the right to hold the palicies and renewal certificates, ff Lender requires,
<br />Borrower shall promptly give t� Lender all reoeipts of pald premiums and renewa! notices. If Borrower ok�tains any farm
<br />of insurance coverage, nototherwise required by Lender, fordamage tv, vrdestruction af, the Property, such poficy shall
<br />include a standard mortgage clause and sha!! name l,.ender as mortga�es and/or as an additional loss payee.
<br />In the e�ent of loss, Borrawer shall give prnmpt notice to the insurance carrier and Lender. Lender may make proof
<br />of loss if not made promptly by Bvrrawer. Unless Lender and Borrower otherwise agree in writing, any insurance
<br />proceeds, whether or not the underlying insurance was required by l.ender, shall be gpplled to restoration or repair of
<br />the Property, if the restoratian or repair is economicallyfeasible and Lendsr's security is not lessened, During �uch repair
<br />and restaration periad, Lander shall have the right to hoJd such insurance proceeds untfl l.ender has had an opportunity
<br />ta inspect such Property ta ensure the work has been completed to Lender's satisfaction, provided that such inspection
<br />shall be undertaken promptly. Lencier may disburse proceeds for the repairs and restoration in a single payment or in
<br />a series of progress payments as the work is campleted. Unless an agrsement is made in writing ar Applicable Law
<br />requires interest tv be paid on such insurance proceeds, Lender shall not be required ta pay Borrawer any interest or
<br />eamings on such proceeds. Fees for public adjusters, orother third parties, re#ained by Borrawershall not be paid out
<br />af the insurance procesds and shal! be the sola obligatfon of B�rrower. If the restoration or repair is not aconomically
<br />feasible or t�vnder's security would be lessened, the insurance proceeds shall be applied tv the surns sscured by this
<br />Security Instrument, whether or not then due, with the excess, rf any, pafd to Borrower. Such insurance proceeds shall
<br />be applied in the arder provided fnr in Section 2.
<br />If Barrawer abanclons the Property, L.ender may frfe, negotiate and setde any arrailable insurance claim and related
<br />matters. If Borrawer does nvt respond within 30 days to a notice from Lender thet the insurance carrier has affered to
<br />sattle a claim, then Lender may negotiate and settle the claim. l"he 30-day perivd will begin when the notice is given.
<br />In either event, or 'rf Lender acquires the Praperty under Section 22 or vtherwise, Borrower hereby assigns tp Lender
<br />(a) Barrawer's rights ta any insurance proceeds in an amaunt nat to exceed the amaunts unpaid under the Note or this
<br />Security Instrument, and (b) any othar of Borrower's rights (a�er than thR right to any refund of unearned premiums
<br />paid by Borrower) under a!I insurance policies covering the Praperty, insafar as such rights are applicable to the
<br />cover�ge of the Property. Lender may use the insuranae praceeds either to repair or restore th� Property Qr to pay
<br />amounts unpaid under the Note nr this Security Instrument, whether or not thsn dua.
<br />8. Occupancy. 8orrower shall accupy, establlsh, and use the Property as Barrawer's principal residence within
<br />BO days after the execution of this Security Instrument and shall continue tv occupy the Property �s Borrower incipai +
<br />1VEBRASKA�3ingle Farnily--Fannl� Mao/Fr�ddl� Mac UNIF'ORM INSTRUMENT Form �02� 1/p1 �nitis2�: ��
<br />� 19�8-2C1p7 Qnlin� Dacurr�nts, InC, �tl�@ 4 Q1 9 NE DEED O7D5'
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