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201U4977� floods, for which Lender requires insurance. This insurance shall be rnaintained in the arnounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. The insurance canier providing the insurance shall be chosen by Borrower subject to I.ender's right to disapprove $orrower's chvice, which right shall not be exercised unreasonably. Lender may require $orrower ta pay, in connection with this Loan, either: (a) a one-time charge for flood zone determination, certification and tracking services; ar (b) a pne-tirne charge for flood zone determination and certification services and suhsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certi�cation. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone deterrnination resulting from an objection by Barrawer. 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. Therefore, such coverage shall cover Lender, bnt rnight 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. Borrower acknowledges that the cost of the insurance coverage so obtained rnight signiflcantly exceed the cost of insurance that Borrower could have obtained. Any amaunts disbursed by Lender under this Sectian 5 shall become additional debt nf Bnrrower secured by this Security Instrurnent. These ampunts 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 righk ta disapprove suCh policies, shall include a standard martgage clause, and shall name Lender as mortgagee and/or as an additional lass payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall pramptly give to T�ender all receipts of paid premiums and renewal notices. If Barrower obtains any fprm 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 mortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender rnay make proof of loss if not rnade promptly by Borrower. Unless Lender and Borrawer otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration oc repair is economically feasible and Lender's security is not lessened. During such repair and restoration 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 inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payrnent or in a series of progress payments as the wark is completed. Unless an agreement is made in writing or Applicable Law requires interest to 6e paid on such insurance proceeds, Lender shall not be required to pay Borrawer any interest pr earnings on such proceeds. Fees for publiC adjusters, NEBRASKA — Single Family -- Fannle MadFteddia Mac UNI[+ORM INSTRUMENI' Farm 3028 1/0 GCG G3028-07 (09/Ol) (Aag� 7of/9) Initials: