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201100485 Borrower shall promptly dischazge any lien which has priority aver this Security Instrument unless Borrower: (a) agrees in writing to the payznent af the obligation secured by the lien in a manner acceptable to L.ender, but only so long as Borrower is perfornung such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while those proceedings are pending, but only until such proceedings aze concluded; or (c) secures from the halder of the lien an agreernent satisfactory to Lender subordinating the lien to this Se�urity Instrument. If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrurnent, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given, Bonower shall satisfy the lien ar take one or more of the actioxas set forth above in this Section 4. Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property Insurance. Borrower sha11 keep the irnprovements now existing or hereafter erected on the Property insured against loss by flre, hazards included within the terrn "extended cvverage," and any other hazards including, but not limited to, earthquakes and flaods, for which Lender requires insurance. This insurance shall be maintained in the arnounts (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 I...oan, either: (a) a one-time chazge for flood zone determination, certification and tracking services; or (b) a one-time charge for fload zone deternunation and certificatinn services and subsequent charges each time remappings or similar changes occur which reasonably might affect such deternunation or certification. Bonower shall also be responsible for the payment of any fees irnposed by the Federal Emergency Management Agency in connection with the review of any flood zone deternunation resulting frorn an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance caverage, at I.ender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but rnight or might not protect Borrower, Borrower's equity in the Property, or the contents of tha Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained rnight significantly exceed the cost of insurance that Borrower could have obtained. Any arnounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Secw7ity Instrument. These amounts shall bear interest at the Note rate frorn the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. Al1 insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprave such policies, shall include a standaxd mortgage clause, and shall name Lender as rnortgagee and/ar as an additional lass payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid prerniurns and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, ar destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as rnortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt natice to the insuratace carrier and Lender. L.ender rnay make proof of loss if not made prornptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or 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 repair and restoraCion period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the NEBRASKA - Single Family - Fannie Mna/Freddie Mac UNIFORM INS7RUMENT �-fi1NE) IOai il Page 6 of 15 Initials: FOffll 3OYH 1/01 � � ��