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<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless
<br />Borrower: (a) agarces in writing to the paynnent of tkie obligation secured by the lien in a manner acceptable
<br />to Lender, but only so long as $orrower is performing such agrcement; (b) contests the lien in good faith
<br />by, or defends agaiast euforcemcnt of thc lien in, legal proccedings which in Len�der's opinian operate to
<br />prevent th� enforcement of the lien while those proceedings are pendiug, but only until such proceedings
<br />are concluded; or (c) secures from thc holder of the lien an agrcement satisfactory to Lender subordinating
<br />the lien to this Sec,-urity Instrumcnt. If L.en,der deternunes that any part of thc Property is subject ta a lien
<br />which can attain priority over this Security Instrument, I,ender may give Borrower a notice identifying the
<br />lien. Within 10 days of thc date on which that natice is given, Borrower shall satisfy the lien or tak�e ane or
<br />more of the actions set forth abave in t�is Section 4.
<br />Lender may require Borrowcr to pay a one-tiuLe char�c for a real estato tax verification and/or
<br />reporting service uscd hy Lendcr in conncction with this Loan.
<br />5. Property Ineurance. Barrowcr shall keep the unprovemcnts now existing ar hereafter erected on
<br />the Froperty ins�ured against loss by fire, hazards includcd wikhin the term "cxtended coverage," and any
<br />other hazards in,cluding, but not limited to, earttiquakes and flonds, for which Lender requires insurancc.
<br />This insurancc shall be maintai�ued in the amownts (including deductible l�vels) and for the periods tJ�at
<br />Lender rcqnires, What I,endcr requires pursuant to thc preceding sentences can c�ange during the term of
<br />the Loan. The insurance carricr providing the insurance sball bc chvsen by $orrower subject to Lendcr's
<br />right to disapprove Barrower's choica, which right shall not be cxerci�sed unreasonably. Lender may
<br />requirc Borrvwer to pay, in wnnection with this Loan, eittxer. (a) a one-time charge for flood zone
<br />determination, certi�cation and tracicing services; or (b) a anc-time charge for flood zane determination
<br />and certification services and subsequent charges each time remappings or similaz changes occur whi�ch
<br />rcasnnably might affect such determinatinn or certification. Barrower shall also be responsible for the
<br />payment nf any faes imposed by thc �ederal Emergency Management Agency in connection with the
<br />review of any flood wne determination resulting from an objection by Bprrower.
<br />If Boxrowor fails to maintain uny of the coverages descrihed above, Lender �xiay obtain insurance
<br />coverage, at Lender's option and Borrowar's expense. I.,ender is under no obligation to purchase any
<br />particular type or amount of covcrrage. Therefore, such coverage sriall cover Lender, but uught ar znight
<br />not protcct Borrower, Borrower's cquity in the Property, or the contents of ttxo Property, against any risk,
<br />hazard ar liability and might providc greater or lesser coverage than was previously in effect. Bc�rrower
<br />acknowledges that the cost of the insuruncc caverage so abtained might signi�ficanfly e�ccecd the cost af
<br />insurance that Borrower could havc obtained. Any amounts disbuxseci by Lcnder under this Section 5 stiall
<br />bccome additional debt of Horrower sccured by this Security Tnstawx�ent. These amounts staall bcar interest
<br />at thc Notc rate from the datc pf disbwsement and st�all be payable, with such interest, upon notice from
<br />I.ender to Borcower x�questin8 PaYment.
<br />All insurance palicies required by Lender and renewals of such policies shall be subject to Lendcr's
<br />right ta disapprove such policics, shall include a standard mortgagc clause, a�d shall namc I,ender as
<br />mortgagec and/or as an additional loss payec. Lender shall have the right to hald the policies and renewal
<br />certa�cates. If Lendcr requires, Borrower sball prou�ptly give ko Len�der all rrceipts of paid prcmiums and
<br />renewal motices. If Bonower obtains any form of insurance coverage, not ntherwise reqnired by Lendcr,
<br />for dacnage to, or destruction of, the Property, such policy shall include a standard mortgage clausc and
<br />s�haU. niamc I.ender as �nortgagee an;d/or as an additional loss payec.
<br />In the event of loss, Borrower shall give prompt notice to the i�ns»,.*a��p carrier and Lender. Lender
<br />m�ay make proof of loss if not made promptly by Bnrrower. Unless Lencier and Borrowcr okherwise agree
<br />in writing, any insurance proceeds, whether or not the underlyi�ng ins�uance was required by Lender, shall
<br />be applied to restoration or repair of tb.e Property, if the restoration or repair is economically feasible and
<br />Lender's security is not lcssened. During such repa�ir. and restoration period, L.endcr shall have the right to
<br />hold such insurance proceeds until Lender has had an oppnrtunity tca inspect sucb, Property to cnsure the
<br />2300019749 D V61�biE
<br />N�BR4SKA - 5ingle Family - Fannle MaalFhddta Mac UNIFt�RM INSTRUMENT WITH MER3 � k� —
<br />�$A(NE)1o8101 Paqasar�s Initlals: �� Fort113028 1/01
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