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2oioo9�2� floods, for which Lender requires insurance. This insurance shall be rnaintained in the amounts (including deductible levels) and for the periods that Lendex requires. What Lender requires pursuant co the preceding sentences can change during the term of the Loan. The insurance canier providing the insurance shall be chosen by Bonower subject to Lender's right to disapprove Borrawer's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-tirne charge for flood zone determination, ccrtification and tracking services; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each time remappings or sirnilar changes occur which reasonably might affect such determination or certification. Borrawer shall also be responsible for tb.e payment of any fees imposed by the Federal Emergency Management Agency in cannection with the review of any fload zone determination resulting fram an objection by Borrower. If Borrower fails to maintain any of the coverages described above, L.ender may obtain insurance coverage, at I.ender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amaunt of coverage. Therefore, such coverage shall cover L.ender, but might or might not protect Borrower, Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Barrower aclrnowledges that the cost of the insurance coverage so obtained might signi�cantly exceed the cast of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall becorne additional debc of Borrower secured by this Security Instrument. These amonnts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender 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 Lender as mortgagee and/or as an additional loss payee. Lender shaJl have the right to hold the policies and renewal certi�cates. If Lender requires, Borrower shall prompcly give to Lender 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 standazd mortgage clause and shall name L,Qnder as mortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and I.ender. L.ender rnay make 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 bc applied tn restoration or repair of the Property, if the restoration or repair is econornically feasible and I,ender's security is not lessened. During such repair and restaratinn period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such insp�ction shall be undertaken promptly. Lender may disburse proceeds for the repairs ar�d restoration in a single payment or in a series of progress payments as the work is completed. Unless an agreernent is made in writing ar Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, NEBRASKA -- Single Femily — Fannie Mae/Theddie Mac i7NIFORM INSTRUMENT Form 3028 voi �, GCC- G3028-07 (09/01) (Page 7 of 19) Initials: