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�O10U8995 Borrower shall prornptly discharge 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 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 operace to prevent the enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Froperty is subject to a lien which can attain priority over this Security Instrument, Lender may give Borrower a notice identifying Che lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with tt�is Loan.. 5. Property Insurance. Borrower shall keep the improvements naw existing or hereafter erected on the Property insnred against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and flaods, for which Lender requires insurance. This insurance shall be maintained in the amouuts (including deductible levels) and for the periods that I,ender requires. What I..euder requires pursuant to the preceding sentences can change during the term af the Loan. The insurance carrier providing the insurance sha11 be chosen by Borrower subject to T_.ender's right to disapprove Borrower's choice, which right sha11 not be exercised unreasonably. Lender may requixe Borrower to pay, in connection with this Loan, either: (a) a one-time charge for fload zane determinatian, certification and traCking ServiCes; or (b) a one-tirne charge for flood zone determination and certi�cation services and subsequent charges each tirne remappings or similar changes occur which reasonably might affect such determinatian or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Managernent Agency in connection with the review of any flood zone determiuiation resulting fro�x�. an objectian by Barrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefare, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in the Property, ar the contents of the Property, against any risk, hazard oar liability and might provide greater or lesser coverage than was previously in effect. Borrower acknawledges that ttie cost of the insurance caverage so obtained might significantly exceed the cost of insurance that Barrower could hav� obtained. Any amounts disbursed by Lender under this Section 5 shall becpme additianal debt af Borrawer 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 L.ender to Borrower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name I,ender as mortgagee and/or as an additional loss payee. Lender shall have the right to hold the policies and renewal certi�cates. If Lender requires, Borrower shall prornptly give to L,�nder all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a sCandard mortgage clause and shall narne Lender as rnortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to che insurance carrier and Lender, Lender rnay make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether ar not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Praperty, if the restoratian or repair is economically feasible and Lender's security is not lessened. During such repair and restoracion period, �.ender shall have the right to hold such insurance proceeds until L,�nder has had an opportunity to inspect such Property to ensure the NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6�N�) �asi � � Page 8 of 16 inicia Form 3��8 7IU7 t � ; E � ti � � � j .. � f N � C ' ...