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201100835 Borrower shall promptly discharge any lien which has priority over ttris Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation se�ured by the lien in a manner acceptable to Lender, but only so long as Borrower is performing 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 procee�ings aze concluded; ar(c) secures from the holder of the lien an agreement 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 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 or take one or more of the actions set forth above in ttus Section 4. Lender may require Borrower to pay a ono-time charge for a reai estate tax verification and/or reporting service used by Lender in connection with tUis Loan. 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazatds included within the term "extende� coverage," and any other hazards including, but not limited to, earthquakes and itoods, for which Lender requires insurance. This insurance sha11 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 cazrier providing the insurance shall be chosen by Borrower subject to Le�der's right to disapprove Borrower' s choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-time chazge for flood wne determination, certification and tracking services; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each tiiae remappings or similar changes occur which reasonably might affect such determinarion or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood wne determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages describerl above, Lender may obtain insurance coverage, at Lender's option and Bonower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not prote�t Borrower, Borrower' s equity in the Property, or the contents of the Property, against any risk, bazard 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 might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security 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 to Borrower requesting payment. A11 insurance policies required by Lender 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 to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not othervvise required by Lender, for damage to, or destruction of, the Properly, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an addirional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptty by Bonower. 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 restorarion or repair of the Property, if the restorarion or repair is economically feasible and Lender' s security is not lessened During such repair and restoration geriod, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect snch Property to ensure the 2200205202 n v6� NEBRASKA - Single Family - Fannie Ma�Freddie Mac UNIFORM INSTRUMF1dT WITH�� (�1-6A(N1E� 10810) Pa8e8 of 15 Initials: 3028 1/�1 �