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�01�09�5�
<br />Borrower shall promptly discharge any lien which has priarity over this SecwriCy Instrument unless
<br />Borrower: (a) agrees in writing ta the payment of the obligation secured by the lien in a manner acceptable
<br />to Lender, but only so long as Borrower is perfornung such agreernent; (b) contests the lien in goad faith
<br />by, or defends against enfarcement of the lien in, legal proceedings which in Lender's opinion operate to
<br />prevent the enforcement of the lien while those proceedings are pending, but only until such proceeclings
<br />are concluded; or (c) secures from the holder of the lien an agreement satisfactary to Lender subordinating
<br />the lien ca this Security Tnstrument. If Lender dete�rtiines that any part of the Property is subject to a lien
<br />which can attain priority over this Security Instrurnent, Lender may give Borrower a notice identifying the
<br />lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or
<br />rnore of the actions set forth abave in this Section 4.
<br />Lender may xequire Barrower to pay a one-time charge for a real estate tax verification and/or
<br />reporting service used by L.ender in connection with this Loan.
<br />5. Property Insarance. Borrower shall keep the improvements now existing or hereafter erected on
<br />the Property insured against loss by �re, hazards included within the term "extended coverage," and any
<br />other hazards including, but not limited to, earthquakes and floads, for v�hich L.ender requires insurance.
<br />This insurance shall be rnaintained in the amounts (including deductible IeveIs) and for the periods that
<br />Lexider requires. What Lender requires pursuant to the preceding sentences can change during the term of
<br />the Loan. The insurance carrier providing the insurance sha11 be chosen by Borrower subj�t to Lender's
<br />right to disapprove Borrawer's choice, which right shall not be exercxsed unreasonably. Lender may
<br />require Borrower to pay, in connection with this Loan, either: (a) a one-tiancze charge far flood zone
<br />detertnination, certi�cakion and tracking services; or (b) a one-tirc� charge far flaod zone determination
<br />and certificatian services and subsequent charges each tune rernappiugs ar siixrilar changes occur which
<br />reasonably might affect such determination or certi�cation. Borrower st�all atso b� responsible for the
<br />payrnetrt of any fee.s impased by the Federal Emergency Managetnetst Agesxcy in connection with the
<br />review of a�ny flooci wne determination resulting fram an objection by Barrawer.
<br />If Borrower fails to rnaixctain any of the coverages described above, L.ender may obtain �n�,,,�*,�-e
<br />coverage, at Lender's option a�i Bvrrower's expense. Lender is under no obligation ta purchase any
<br />particulaz type ar arnattnt of c:ove�raage. Therefore, such coverage shall cover Lender, but might or might
<br />not protect Bcrrnvwes, Borrower's e.qu,ity in the Property, or the contents of the Property, against atxy ris�C,
<br />hazard or Iiability and might pravicte gre�ter or lesser coverage than was previously in effect. Barrovver
<br />acknowledg�s that the cost af the insurance coverage so obtained might significantly exceed the cost af
<br />insuratzce that Borrower could have obtai�tt. Any amounts disbursed by Lender under this Sectian S shall
<br />become additionat debt of Borrower secured by this Secu�ity Instnunent. These amounts shall bear interest
<br />ak the Note rate from the date of disbursernent and shall be payable, with such interest, upon notice frorn
<br />Lender to Borrower requesting payrnent.
<br />All insurance policies required by Lender and renewals of such, policies shall be subject to Lender's
<br />right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as
<br />mortgagee and/or as an additional loss payee. Lender shall have the right ta hald the policies and renewal
<br />certificates. If Lender requires, Borrower shall pxomptly give to T.ender ail receipts of paid premiums and
<br />renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender,
<br />for damage to, or destruction of, the Property, such policy shall include a standard martgage clause and
<br />shall name Lender as rnortgagee and/or as an additional loss payee.
<br />In the event of loss, Borrower shall give protnpt notice ta the insurance carrier and Lender. Lender
<br />may make proof of loss if not rnade promptly by Borrower. Unless L�nder and Borrower otherwise agree
<br />in writing, any insurance proceeds, whether or not the uziderlying insurance was required by Lender, shall
<br />be applied to restaration or repair of the Property, if the restoration or repair is econamically feasible and
<br />Lender's securi�Cy is not lessened. During such repair and restoration period, Lender sha11 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 Mae/Freddie Mac UNIFORM INSTRUMENT
<br />�-B�NE) loat�l Page6of 15 i��t�ais: Form 3028 1/01
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