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<br />Borrower shall pramptly discharge any lien which has priority over this Sccurity Instrument unless
<br />13arr�wcr: (a) agrees in writing to the payment of the �bligation securc:d by the lien in a manner acceptable
<br />Ca I.,4nder, but only so long as Borrower is performing such agreement; (b) contests the lien in good faith
<br />by, or defends againsf cn.fr�rcem�nt of the lien in, legal proceedings which in I,ender's apinian ap�aral� lU
<br />prevent the enforcement af ths lien while those proceedings are pending, but only unlil suc:h prc�c�cdings
<br />are concluded; or (c) s�cures fram the holder of the lien an agreement satisfactory tc� I.ender subardinating
<br />the lien to this Security Instrumcnt. Ii' I,�nder deterrnines that any part of the Yroperty is subject to a lien
<br />which can attain priority over this Ser;urity Instrurizent, I,ender may give Borrower a notice identifying the
<br />lien. Within 10 days of the date on which that noticc is given, Ba�rrc�w�r shall satisfy the lien or take one or
<br />rnare of the actions set forth above in this Section 4.
<br />Lender may requirc Borrower to pay a on�-tim� charge far a real estate tax verification and/or
<br />reporting service used by I.ender in cUnn�c.tiUn with this L�an.
<br />5. PrpPerty Insurance. Borrower shall keep the improvements now existing or h�r�aPler r.rccled c�n
<br />lh�: Prap�rty insured against loss by fire, hazards included within the term "cxt�;nd�d cov�rag�," and any
<br />ather hazards including, but not limited to, earlhquakts and floads, f�r which Lender requires insurance.
<br />'I'his irisurance shall be maintained in the amounts (including d�duc:tibl� levels) and for the periods that
<br />I,�nd�r requires. What 'Lender requires pursuant to the preceding sentences can change during the term of
<br />the I.,aan. The insurance carrier providing the insurance shall be chascn by Borrower subject to L,ender's
<br />right to disapprove Barrower's choice, which right shall not be exercised unreasonahly. I.�nder may
<br />require Barrow�r ta pay, in connection with this L,oan, either: (a) a one-tim� charge for f�aad zone
<br />determination, certification and tracking services; or (b) a one-time charge for floc�d �c�ne det�rmination
<br />and certification services and subsequent charg�s cach timc r�mappings ar similar changes occur which
<br />reasonably might affect such determinatian or ccrlificatiUn. Bprrnw�r shall also be responsible for the
<br />payment of any fees imposed by the F�deral Emergency Management Agency in connection with the
<br />review of any flood zan� deCermination resulting from an objection by Borrower.
<br />Tf Borrower fails to maintain any of the cavez'ages described above, L.ender may obtain insurance
<br />coverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any
<br />particular type or amount af cc�vcrag�. Therefare, such coverage shall cover I.ender, but might or might
<br />not protect Borrower, Borrower's equity in the Property, or the contents of the I'roperty, against any risk,
<br />hazard or liability and might provide greater or less�r coverags than was previously in effect. Borrower
<br />acknowledges khat the cost of the insurane� coverage so obtained rnight significantly exceed the cost of
<br />insurance that I3orrower c�uld have. ablaincd. Any amounts disbr�rsed by Lender under this 5ection 5 shall
<br />become additional debt of Borrawer s�cur�d t�y this Security Instrument. These amounts shall bear interest
<br />at the Note ratc from the date of disbursement and shall be payable, with such interest, upon notice from
<br />T.ender to Borrower requcsting paymertt.
<br />All insurance polic;ies r�quired by L.endsr and re;newals of such policies shall be subject to Lender's
<br />right to disapprove such poli�i�s, shall inc.lude a standard martgag� clause, and shall name Lender as
<br />mortgagee and/or as an additianal l��ss payee. L.endar shall have the right ta hold the policies and renewal
<br />certificates. If Lender requirss, Barrawer shall prornptly give to I.ender all receipts of paid premiums and
<br />renewal notices. If BarrUwer obtains any form of insurance coverage, not otherwise required by L.ender,
<br />for dama�s tp, aar d�struction of, the Property, such policy shall include a standard mortgage clause and
<br />shall name L,ender as mortgagee and/or as an additional loss payee.
<br />In the event of loss, Borrower shall give prompt notice to lhe insuranc� carri�r and J.�ender. I.�nd�r
<br />may make proof of loss if nat tnade promptly by Barrowsr. Unless I,ender and Borrower otherwise agree
<br />in writing, any insuranc:e praceeds, whether ar not tlxe underlying izasurance was required by Lender, shal]
<br />be applied to restoration or r�pair of the Fr�p�rty, if thc restoration c�r repair is ecanamically 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 - Single Family - Fannie MaelFreddie Mac UNIFORM INSTRUMENT
<br />�-BINE) wsii� PaqeBof 16 i��c�eis: Form 3028 1/01
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