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R�-RECORD�� 2oiao93s� �o�oo�� Borrower shall prornptly discharge an�y lien which has priority over this 5ecurity 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 perfornung such agreement; (b) contests the lien in good faith by, ar defends against enforc�ment of the lien in, legal proceedings which in Lender's opinion operate ta prevent the enforcement of the lien while those proce�clings are pending, but only until such proceedings are concluded; or (c) secures fram the holder of the lien an agreernent satisfactory to Lender subordinating the lien to this Security Instnunent. If Lender deternunes that any part of the Property is subjecC to a lien which can attain priority over this Security Instrurnent, Lender may give Borrower a natice identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien ar take one or more of the actions set forth above in this Section 4. Lender nnay require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by I.ender in conncction with this Loan. 5. Praperty Insurance. Borrower shall keep the impravements now existing or hereafter erected an the Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. What L.ender requires pursuant to the preceding sentences can change during the term of the T.oan. The insurance carrier providing the insurance sha�l be chosen by Borrower subject to I.ender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. L,�nder may require Borrower ta pay, in cannectian with this Loan, either: (a) a one-tirne charge for flood wne detemunatipn, certi�cation and tracking services; or (b) a one-tirne charge for flood zone determination and certification s�rvices and subsequent charges each time remappings or similar changes occur which reasonably might affect such deternunation or certification. Borrower shall also be responsible for the payment of any fees impased by the Federal Emergency Management Agency in connection with the review of an,y flood zone determination resulting from an objection by Bonawer. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance caverage, at I.ender's option and $orrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Bonower, Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser caverage than was previously in effect. Borrower acknowledges that the cast of the insurance coverage so obtained might significantly exceed the cost of insuxance tl�at Borrower could have obtained. Any amounts disbursed by I.ender under this Section 5 shall become additional debt of Barrower secured by this Security Instnunent. These amounts shall bear interest at the Note rate from the date of disbursement and sha,ll be payable, with such interest, upon notice from Lender to Borrower requesting paym�nt. 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 Lender as mortgagee and/or as an additional loss payee. Lender shall have the right to hold the policies and renewal certificaCes. If Lemd�r requires, Borrawer shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any farm of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as rnortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give proznpt notice to the insurance carrier and I.ender. Lender may rnake proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by L.�nder, 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, I.,ender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Praperty to ensure the NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-BINE) 1o8t tl Page 6 of 15 Initials: � Form 3028 1/01 � - 1 �� i ,�' �j 1� � 4 , . � � r �!