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20�102U�� Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as Borrower is perfornvng 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 are concluded; or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If L,ender determines that any part of the Property is subject to a lien which can attain priority over tlus 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 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 L.ender in connection with this Loan. 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage, " and any other hazards including, but not limited to, earthquakes and floods, for which Lender 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 Bonower subject to Lender's right to disappmve Borrower's choice, which right shall not be exercised unreasonably. Lender may rec�uire Borrower to pay, in connection with this Loan, either: (a) a one-tune charge for flood zone deternunation, certificatian and tracking services; or (b) a one-time charge for flaod zane deternunation anc� certification services aBd subsequent charges each time remappings er similar changes occur which reasonably �ight affeet such 8etermulation or certifcation. Bonctwer shall atso 6e responsibie for the payrnenE af any fees imgoseci hy the Federal Ernergency Mauage�nt t�gency in connection with the review of any f�acrc� wne determination resulting from an objection by Borrawer. If Borrawer fails ta rnaintain any of the coverages described above, I..ender may abtain insurance caverage, at L.ender's aption anc� Barrower's e�pense. �er is undeF � ab�igatian to purchase any parEicular �ype or amou�f of coverage. Therefore, such coverage sha� cover �er, but rnigtit or rnight nc� groteet Borrower, Barrower's equity in the Property, or the cQnte�ts o€ ttse Prop�:rty agais�st any risk, hazazd or tiaba�ity �d might grovicEe gre�ater or Iesser covzrage � vvas greviously in effect. Borrower ack[u�w+ie�ges that �he r�st of �he insur�nce coverage so obtai�ct might significat�tly exc�ed the cost of iasurance that Borrc�wer eouid have obtained. Any amounts dist�ursed by Lender under this Secrion 5 shall become actditional debt of Borrower secured by this Security Instrument. These amounts sha11 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. All insurance policies required by Lender and renewals of such policies sha11 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 ali receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional 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 promptly 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 restoration period, L,ender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the 10-000736 NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6�NE) (osiil Page 6 of 75 �nitials: Form 3028 7/01 � �