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20100949 Borrower shall promptly discharge any lien which has priority over th►s Security Instrument unless Borrower: (a) agrees in writing to tlxe payment of the obligation secured by tl�e lien in a manner acceptable to Lender, but only so long as Borrower is perfornung such agreernent; (b) contests the lien in good faith by, or defends against enfarcement of the lien in, legal proceedings which in L.ender's opinion operate to prevent the enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded; or (c) secures from the halder af the lien an agreernent satisfactory to L.ender subardinating the lien to this Security Instrument. If Lender detemunes rhat any part of the Property is subject to a lien which can attain priarity over Chis Security Instrument,, Lender rnay give Barrower a notice identifying the lien. Within 10 days af 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 veri�cation and/or reporting service used by L.ender in connection with this Loan. 5. Property Xnsarance. Borrower shall keep the improvements now existing or hereafter erected on the Froperty insured against loss by fire, hazards included within ths term "extended coverage, " and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insuxance. This insura�nce shall be maintained in the amounts (including deductibl� levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. Tlne insurance carrier providing the insurance shall be c.ktosen by Borrower subject to Lender's right to disapprave Borrower's choice, which right shall not be ezercised unreasonably. Lendear may require Borrower to pay, in cannection with this Loan, either: (a) a one-time chazge for flood zone determination, certification and tracking services; or (b) a one-tizne charge for flood zane deternvnation and certification services and subsequent charges each time remappings or similar changes occur whick► reasonabIy might affect such determination or certi�cation. Borrower shall alsa be responsible for the payment of any fees irnposed by the Federal Emergency Management Agency in connection with the review of any flood zone deternunation resulting from an objection by Borrower. If $ormwer fails to nnaintain any of the coverages described abave, Lender rnay obtain insurance caverage, at Lender's option and Borrower's expex►se. L.ender is under no obligation to purchase any particular type or aznount of coverage. Therefore, such coverage shall cover Lender, but might or might not pratect Barrower, Borrower's equity in the Property, or the contents of the Property, againsC any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges Chat the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall becarne additional debt of Borrower secured by this Security Instrument. T'hese amounts shall bear interest at the Note rate from the date of disbursennent and sha11 be payable, with such interest, upon notice frorn Lender to Barrower requesting payment. All insurance policies required by L,eander and renewals of such policies shall be subject ta Lender's right to disapprove such policies, shall include a standard martgage 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 certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any foz�nn 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 naxne Lendar as mortgagee and/or as an additianal loss payee. In the event of loss, Borrower sha11 give prompt noticE to the insurance carrier and L.ender. Lender rnay 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 Lender, shall be applied to restoaration or xepair of the Property, if the restoration or repair is econoznically feasible and Lender's secu;rity is not lessez�ed. During such repair and restoratinn period, Lender shall have the right to hold such insurance proceeds until L.ender has had an opportunity to inspect such Praperty to ensure the NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6�N�►�os�i� Page6of15 i��t�ais: Farm3028 1/07 � ' ti � � 4 �1 � r