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2oi1oo2s3
<br />L�AN #: 0279075279
<br />shall natify Borrower as required by RESPA, and Borrower shall pay ta Lender the amount necessary to make up the
<br />shortage in accordance with RESPA, but in no more than 12 monthly payments. If there is a deficiency af Funds held
<br />in escrow, as defined under RESPA, Lender shall notify Bprrower as required by RESPA, and Borrower shall pay to
<br />Lender the amount necessary to make up the deficiency in accordance with RESPA, but in no more than 12 manthly
<br />payments.
<br />Upan payment in full of all sums secured by this Security Instrument, Lender shall pramptly refund to Borrnwer any
<br />Funds held by Lender.
<br />4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to the
<br />Prpperty which can attain priority pver this Security Instrumertt, leaseh�id payments or ground rents on the Property,
<br />ifany, and CnmmunityAssociation Dues, Fees, and Assessments, ifany. Totheextentthatthese items are Escraw Items,
<br />Borrower shall pay them in the manner provided in Section 3.
<br />Barrower shall prnmptly discharge any lien which has priority over this Security Instrument unless svrrower; (a)
<br />agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long
<br />as Borrower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement pf the
<br />lien in, legal proce�dings which in Lender's opinion operate to prevent the enfarcement of the lien while those
<br />proceedings are pending, but only until such praceedings are concluded; or (c) secur�s fram the holder of the lien an
<br />agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part
<br />af the Praperty is subject ta a lien which can attain priarity over this Security Instrument, Lender may giv� Borrower a
<br />natice identifying the lien. Within 10 days af the date an which that notice is given, Borrawer shall satisfy the lien or take
<br />ane or more of the actions set forth abave in this Section 4,
<br />Lender may require Borrower to pay a one-time chargefor a real estate taxverification and/or reporting service used
<br />by Lender in connection with this Loan,
<br />5. Property Insurance. Barrower shall keep the impravements now existing or hereafter erected on the Property
<br />insured against loss by fire, hazards included within the term "extended coverage," and any �ther hazards including,
<br />but not limited to, earthquakes and floads, for which Lender requires insurance, This insurance shall be maintained in
<br />the amounts (including deductible levels) and for the periods that Lender requires. What Lender requir�s pursuant to
<br />the pr�ceding sentences can change during the term of the Loan. The insurance carrier providing the insurance shall
<br />be chosen by Borrower subject to Lender's right tn disapprove Barrower's choice, which right shall nat be ex�rcised
<br />unreasanably. Lender may require Borrower to pay, in connectian with this Loan, either: (a) a one-time charge for flood
<br />zone determination, certification and tracking services; or (b) a one-time charge for flood zane determinatian and
<br />certification services and subsequent charges each time remappings ar similar chang�s occur which reasonably might
<br />affect such determinativn or certification. Barrower shall also be responsible for the payment of any fees imposed by
<br />the Federal Emergency Management Agency in cnnn�ction with the review nf any flood zone determination resulting
<br />from an objection by Barrower.
<br />If Barrower fails to maintain any of the caverages described above, Lender may obtain insurance cnverage, at
<br />Lender's option and Barrower's expense. Lender is under no obligation ta purchase any particular type or amount of
<br />coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower's equity in
<br />the Property, or the conten#s of the Prpperty, against any risk, hazard or liability and might provide greater or lesser
<br />coverage than was previously in effect. Borrower acknowledges that the cost af the insurance caverage so vbtained
<br />might significantly exceed the cost of insuranae that Borrower cauld have obtained. Any amounts disbursed by Lender
<br />under this Section 5 shall become additional debt of Barrawer secured by this Security Instrument. These amounts shall
<br />bear interest at the Not� rate from the date of disbursement and shall be payable, with such interest, upon natice fram
<br />Lender to Borrower requesting payment.
<br />All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to
<br />disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as
<br />an additional loss payee, Lender shall have the right to hald the policies and renewal certificates. If Lender requires,
<br />Borrower shall pr�mptly give to Lender all receipts vf paid premiums and renewal notices. If Borrower obtains any form
<br />of insurance coverage, nototherwise required by Lender, for damage ta, or destruction of, the Property, such policy shall
<br />include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee,
<br />In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof
<br />of lass if not made promptly by Barrower. Unless Lender and Borrower otherwise agree in writing, any insurance
<br />praceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair af
<br />the Property, ifthe restoration or repair is ecanamicallyfeasible and Lender's security is natlessened, puring such repair
<br />and restoration period, Lender shall have the right to hold such insurance proceeds until L.ender has had an oppnrtunity
<br />to inspect such Property ta ensure the wark has been completed to Lender's satis�faction, provided thak such inspection
<br />shall be undertaken promptly. Lender may disburse proceeda for the repairs and restoration in a single payment ar in
<br />a series of progress payments as the work is completed. Unless an agre�m�nt is made in writing or Applicable Law
<br />requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any inter�st or
<br />earnings on such proceeds. Fees for public adjusters, or ather third parties, retained by Borrower shall not be paid out
<br />of the insurance proceeds and shall be the sole obligation of Borrnwer, If the restoration or repair is not ecanomically
<br />feasible or Lender's security would be lessened, the insurance proceeds shall be applied to the sums secured by this
<br />Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shall
<br />be applied in the order pravided f�r in Sectian 2.
<br />If Borrow�r abandans the Property, Lender may file, n�gotiate and settle any available insurance claim and related
<br />matters. If Borrower does not respond within 30 days to a notice from Lender that the insurance carrier has offered to
<br />settle a claim, then Lender may negatiate and settle the claim. The 3Q-day peripd will begin when the notice is given.
<br />In either event, or if Lender acquires the Property und�r Section 22 or otherwise, Borrawer hereby assigns ta Lendsr
<br />(a) Borrower's rights ta any insurance proce�ds in an amount not to �xceed the amownts unpaid under the Npte ar this
<br />Security Instrument, and (b) any other of Borrower's rights (other than the right to any refund of unearned premiums
<br />paid by Borrawer) under all insurance pvlicies covering the Praperty, insofar as such rights are applicable to the
<br />caverage of the Prnperty, Lender may use the insurance proceeds either to repair or restore the Property or to pay
<br />amounts unpaid under the Note ar this Security Instrum�nt, whether or not then due.
<br />6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal resid�nc� within
<br />60 days after the execution of this Security Instrument and shall continue ta accupy the Property as Barrower's principal
<br />NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Fprm 3p281/01 Initials s v
<br />0 1999-2007 Online Documents, Inc. Page 4 Of 9 N DEED 0705
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