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2o�ooss5s Barrower shall promptly d'zscharge 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 long as Boxrower is performing such agreennent; (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 of the lien while Chose proceedings are pending, but anly until such proceedings are concluded; or (c) secur�s frorn the holder of the lien an agreeznent satisfactory to Lender subordinating the lien ta this Security Instrument. If Lender deternunes that any parC of the Property is subjecC to a lien which can attain priority over this Security Instrument, Lender tnay give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien ar take one ar more of the actions set forth above in this Section 4. Lender may require Barrawer to pay a ane-time charge for a real estate tax verificatian and/or reporting service used by Lender in conne�tion with this I,oan. 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazazds included within the term "extended coverage," and any oCher hazards including, but not lnnited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including de�uctible levels) and for the periods that T..ender requires. What Lender requires pursuant to the preceding sentences can change during the term of Che Loan. 1fie 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 requzz'e Borrower to pay, in connection with this Lvan, either: (a) a one-time charge for flood zone determiz�ation, certi�cation and tracking services; or (b) a one-time charge for flood zone detemunation and certification services and subsequent charges each tim� remappings or similar changes occur which reasonably rnight affect such deternunation or certification. Borrower shall also be responsibl� for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone deternrination resulting from an objection by Borrower. If $orrower fails to maintain any of the caverages described above, Lender tnay obtaitt insurance coverage, at L.ender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but m�ight or might not protect Borrower, Borrower'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 th.e insurance coverage so obtained might significantly exceed the cnst of insurance thac Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate frorn the date of disbursement and shall be payabl�, with such interest, upon notice fram I.,ender to Borrower requesting payment. All insurance policies required by L.ender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall nazne Lender as rnortgagee and/or as an additional loss payee. L.ender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of pai.d premiurns and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction af, the Property, such policy shall include a standard mortgage clause and shall nam� Lender as mortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice ta the insurance carrier and Lender. L.ender may make proof of loss if not made promptly by Borrower. Unless r.ender and Borrower atherwise agree in writing, any insurance proceeds, whether 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 Lender's security is not lessened. During such repair and restoration period, Lender sha11 have the right to hold such insurance proceeds until L.ender has had an oppartunity to inspect such Property to ensure the NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6�NE► los��l Page6of 15 �nitia�s: Form 3028 1/07 � a t� � �� qA ! "I �� r�