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2oiioo2s4 floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that [.ender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. Ti�e insurance carrier providing the insurance shalt be chosen by Borrower subject ta Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasanably. I.,ender rnay require Barrower to pay, in cvnnection with this Loan, either: (a) a one-time charge for flood zone determination, certi�cation and tracking services; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each tirne remappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Ernergency Management Agency in connectian with the review af any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender's option and Borrower's expense. L.ender is under no obligation to purchase any particular type or arnount of coverage. Therefore, such coverage shall cover J..,ender, but might or might not protect Borrower, Borrower's equity in the Property, or the contents nf the Property, against any risk, hazard or liability and might provide greater or Iesscr coverage than was previously in effect. Borrower acknowIedges that the cost of the insurance coverage so obtained might signi�canCly exceed the cvst of insurance that Borrower cauld have obtained. Any amaunts disbursed by I.,ender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These arnounts shall bear interest at the Note rate from the date of disbursetnent and shall be payable, with such interest, upon notice from Lender to Borrovver requesting payment. All insurance palicies required by I.,ender and renewals of such policies shall be subject to I.ender's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an additional loss payee. Len;der shall have the right ta hoId the poIicies and renewal certi�icates. If Lender requires, Borrower shall promptly give to L.ender all receipts vf paid premiums and renewal notices. If Borrowex abtains any form of insurance coverage, nnt othexwise requixed by Lender, for damage to, or destruction af, the Property, such policy shall include a standard mortgage clause and shall name L.ender as mortgagee and/or as an additional loss payce. In the event of loss, Borrower shall give prompt nocice to the insurance carrier and Lender. I.ender nnay make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance praceeds, whether ar not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such xcpair and restoration period, �..ender shall have the right to hold such insurance procseds until I.ender has had an opportunity to inspect such Property to ensuxe the work has been completed to Lender's satisfaction, provided that such inspectian shall be undertalcen promptly. I.ender may disburse praceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. Unless an agrcement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, I,ender shall nat be required to pa� Barrc�wer any interest or earnings on such proceeds. Fees for public adjusters, NEBR.aIs�{�► — Single Family -- Faanie MaelFreddie Mu UNIFORM INST[tUM�NT Form 3Q28 � GCC- G3028-07 (09lO1) (Page 7 of 19) Initials: �.