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<br />Borrower sha11 pxomptly discharge any lien which has priority over this Security Instrument unless
<br />Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable
<br />to Lender, but only so long as Borrower is performing snch agreement; (b) contests the lien in good faith
<br />by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinian operate to
<br />prevent the enforcement af the lien while those praceedings are pending, but only until such proceedings
<br />are concluded; or (c) secures from the holder of the lien an agreernent satisfactory to Lender subordinating
<br />the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien
<br />which can attain priarity over this Security Instrument, I.ender may give Borrower a notice identifying the
<br />lien. Within 10 days of the date on which that notice is given, Borrower sha11 satisfy the lien or take one or
<br />more of the actions set forth above in this Section 4.
<br />Lender may require Borrower to pay a ane-time charge for a real estate ta�c verification and/or
<br />reporting service used by Lendex in connection with this Loan.
<br />5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on
<br />the Property insured against loss by fire, hazards included within the term "extended coverage," and any
<br />other hazards including, but noc limited ta, earthquakes and floods, for which Lender requires insurance.
<br />This insurance shall be maintained in the amounts (including deductible levels) and for the periods that
<br />L,ender requires. What L,�nder requires pursuant to the preceding sentences can change during the terrn of
<br />the Loan. The insurance carrier providing the insurance shall be chosen by Barrower subject to Lender's
<br />right ta disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may
<br />require Borrower ta pay, in connection with this Laan, either: (a) a one-tinne charge for flood zone
<br />determination, certification and tracking services; or (b) a one-tirne charge for flaod zone determination
<br />and certification services and subsequent charges each time remappings or similar changes occur which
<br />reasonably might affect such determination or certi�ication, Borrawer shall also be respansible for the
<br />payrnent of any fees imposed by the Federal Emergency Management Agency in connection with the
<br />review of any flood zone determinatian resulting from an objection by Borrawer.
<br />If Borrower fails to maintain any of the coverages described abovs, Lender rnay obtain insurance
<br />coverage, at Lender's option and Borrower's expense. Lender is under no abligation to purchase any
<br />particular type or amount of coverage. Therefore, such coverage shall cover I.ender, but rnight or might
<br />not protect Banower, Borrower's equity in the Property, or the contents of ths Property, against any risk,
<br />hazard or liability and rnight provide greater or lesser coverage than was previously in effect. Borrower
<br />acknowledges that the cost of the insurance coverage so obtained might significaatly exceed the cost of
<br />insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall
<br />become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest
<br />at the Note rate from the date of disbursement and shall be payable, with such inCerest, upon natice from
<br />Lender to Borrower requesting payment.
<br />All insurance policies required by Lender and renewals of such policies shall be subject to Lender's
<br />right to disapprove such policies, shall include a standard mortgage clause, and shall name I.�nder as
<br />mortgagee and/or as an additional loss payee. Lender shall have the right to hold the policies aud renewal
<br />certificates. If Lender requires, Borrower shall promptly give to Lender aJl receipts of paid premiums and
<br />renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender,
<br />for damage to, or destructian of, the Property, such policy shall include a standard mo�tgage clause and
<br />shall name I.ender as mortgagee and/or as an additional loss payee.
<br />In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. I.,ender
<br />may make proof of loss if not made promptly by Borrower. Unless L,Qnder and Barrower otherwise agree
<br />in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, sha11
<br />be applied to restaration or repair of the Property, if the restoration or repair is economically feasible and
<br />Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to
<br />hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the
<br />NEBRASKA - Singls Family - Fannie Mae/Freddie Mec UNIFQRM INSTRUMEN7 � 1 �
<br />�-B�NE) loeiil Pap68of 15 inicisis: a�� V� Form 3028 1l01
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