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�U1100�SU Borcower shall promptly discharge any lien which has priarity over this 5ecurity Instrument unless Borrower: (a) agrees in writing to the payment of the abligation secured by the lien in a manner acceptable to Lender, but only so long as Borrower is perfornning such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in L.ender's opinion operate to prevent the enforcernent of the lien while those proceedings are pending, but only until such proceedings are concluded; or (c) secures frorn the holder of the lien an agreement satisfactory to L.ender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien ar take one or more of the actions set forth above in this Section 4. Lender znay require Borrower to pay a one-time charge for a real estate tax verification and/or reportzng service used by Lender in connection with this Loan. 5. Property Insurance. Borrower shall keep the improverr►ents now existing or hereafter erected an the Property insured againsC loss by �re, hazards included within the term "extended coveraga," and any other hazards including, but not limited to, earthquakes and floods, for which I,ender requires insurance. This insurance shall be maintained in the amounts (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 carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender rnay require Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone determination, certification and tracking services; or (b) a one-time charge for f]ood zone determination and certification services and subsequent charges each time 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 �'ederal Emergency Management Agency in connection with the review of 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. Lender is under no obligation to purchase any particular type or arnount of coverage. Therefore, such coverage shall cover Lender, but might or might not pratect 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 acknawledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could ha�e obtained. Any amaunts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this �ecurity Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender ta Borrower requesting payment. All insurance policies required by L.ender and renewals of such policies shall be subject to Lender'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. Lender shall have the right ta hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal natices. If Borrower obtains any Porrn of insurance coverage, not otherwise required by Lender, for damage ta, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name L,ender as mortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt natice to the insurance carrier and L.ender. Lender may make proof of lass if not made prornptly by Borrower. Unless Lender and Borcower otherwise agree in wriCing, any insurance proceeds, whether ar not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Froperty, if the restoration or 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 I.ender has had an opportunity to inspect such Property to ensure the NEBRASKA - Single Family - Fannie MaelFreddie Mac UNIFQRM INSTRUMEN7 �-6�NE) losiil Page6of 15 Initials: �� Form 3028 1/01 `� l�—