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�ol�ao��s
<br />Borrower shall pramptly discharge any lien which has priority aver this Security Instrument unless
<br />Borrower: (a) agrees in writing to the payt�nent of the obligation secured by the lien in a manner acceptable
<br />to Lender, but only so lang as Borrower is pearforming such agreement; (b) contests the lien in good faith
<br />by, or defends against enforcernent of the 1►en in, legal proceedings which in L.ender's opinion operate to
<br />prevent the enforcernent of the lien while those proceedings are pending, but orily until such proceedings
<br />aze concluded; or (c) secures from the holder of the lien an agreement satisfactory ta Lender subordinating
<br />the lien to this Security Instnunet�t. If L.ender deternunes that any part of the Praperty is subject to a lien
<br />which can attain priority over this Security Instrument, T_.ender may give Borrawer 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 above in this Section 4.
<br />Lender may require Borrower to pay a one-time charge far a real estate tax veri�cation and/or
<br />reporting sea'vice used by Lender in cannection with this Loan.
<br />5. Property Insurance. Bozxower shall keep the improvements now existing or hereafter erected an
<br />the Property insured against loss by �re, hazards included within the te�'tn "extended coverage," and any
<br />othez' hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance.
<br />This insurance shall be maintained in the arnounts (including deductible IeveIs) and for the periods that
<br />L.ender reqtures. What Lender requires pursuant to the prececling sentezYCes catz cha,nge during the term of
<br />the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to J.,ender's
<br />right to disapprove Borrower's choice, which right shall not be eaercisect unreasonably. L.ender may
<br />require Borrower to pay, in connection with this I,oan, either: (a) a one-time charge for flood zone
<br />determinatian, certiftcation and tracking services; or (b) a one-time charge for flood. zpne dete�ination
<br />and certification services azxi subsequent charges each time remappings or sunilaz changes occur which
<br />reasonably might affect sueh det�rminacion or certi�cation. Barrower s�talI alsa be responsible for txte
<br />payment of any fees itt�po5ect by the Federal Emergency Management Agency in cotmection with tize
<br />review of any ftood zone c�etermination resulting from an objection by Bormwer.
<br />If Borrnwer fails to ztz�intairt any of the coverages described above, Lender may obtain instuance
<br />coverage, at I.ex�der's optian a�d Barrower's expense. Lender is under no obligation to purcha.se any
<br />particular type or amaunt of �verage. Therefore, such coverage shall cover Lender, but might or might
<br />not protec� Bc►rrc�wer, Borrower's equity in the Property, ar the contents of the Property, against any risk,
<br />hazard or Tial�riTity atx� might provic�e greate�r or lesser coverage than was previously in effect. Borrower
<br />acknowIedges that tIx eost of th� insurattce coverage sa obtained might significantly excced the cost of
<br />insuran�ce that Borrcawer could have abtained. Any amounts disbursed by I.,ender under this Section 5 shall
<br />become additionaI debt of Barrower secitred by this Security Instrument. These amounts shall bear interest
<br />at the Note rate from the date of disbursernent and shall be payable, with such interest, upon notice from
<br />Lender to Barrower requesting payrnent.
<br />All insurance policies ret�uired by Lender and renewals of such policies shall be subject to Lender's
<br />right to disapprave such policies, shall include a standard rnortgage cIause, and sha11 name Lender as
<br />tnortgagee and/or as an addiCional loss payee. L,ender shall have the right to hold the policies and renewal
<br />certi�cates. If Lender requires, �orrower shall promptly give ta Lender a11 receipts of paid premiums and
<br />renewal notices. If Borrower obtains any form of insurance caverag�, not otherwise required by Lender,
<br />for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and
<br />shall name Lender as martgagee and/or as an additional loss payee.
<br />In the event of loss, $orrower shall give prompt notice to the insurance carrier and L.ender. Lender
<br />may make proaf of loss if not made prornptly by Borrower. Unless L,ender and Barrower otherwise agree
<br />in writing, any insurance proceeds, whether or nat the underlying insurance was required by Lender, shall
<br />be applied to restoration or repair af the Property, if the restoration or repair is economically feasible and
<br />I.ender's security is not lessened. During such repair and restoration period, I.,ender shall have the right to
<br />hold such insurance praceeds until Lender has had an opportunity to inspect such Property to ensure the
<br />NEBRASKA - Single Family - Fannie Mae/Fraddie Mac UNI�ORM INSTRUMENT
<br />�-61NE) roai i� Page 6 of 15 i��c�ais: Form 3028 1/01
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