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Borrower shall promptly discharge any lien which has priariry over t� <br />Borrower: (a) agrees in writing to the paymeni af the obligation secured by tl <br />to Lender, but only so long as Borrower is performing such agreement; (b) � <br />by, or defends against enforcemem of the lien in, legal procsedings whicb i� <br />prevent the enforcemeait of the lien while thase proceedings are pendiag, bu <br />ate concluded; or (c} sec�res from the holder of the lien an agre�ment satisfa+ <br />the Iien to this Security Instrument. If Ixnder determines that.:any part of �tii <br />which can attaia priority over ttus Security Instrument, Lender may give Bot <br />lien. Within 10 days of tbe date on whic� that notice is given, Botrower shall <br />more of the actions s�t fortb above in this Section 4. <br />Lender may require Borrawer to pay a one-time charge far a real c <br />reporting service used by Lender in connecbion with this Loan. <br />5. �'roperty Insura�ce. Borrower shatl keep the improvements now ex <br />the Properiy izasured against loss by 6re, hazards included within the term " <br />other hazards including, but not lim'rted to, earthquakes and floods, for wlri� <br />This insurance shall be maintained in the amounts {including �ieductible lev <br />Lendez requires. What Lender requires pwsuant to the preceding sentences c <br />the i..oan. The insurance carrier providing the insurance shall be chosen by 1 <br />right to disapprove Borrower's choice, wluch right shall not be exerc�isec <br />require Borrower to pay, in connection with this Loan, either: (a) a one <br />determination, certification and tracking services; or (b) a one-time charge <br />and certifiration services and suhsequent charges eacb time remappings or <br />reasonably might affect such deternainarion or certifiica[ian. Borrawer shal� <br />payment of any fees imposed by the Federal Emergency Management A� <br />review of any flood zoae determina#ion resultiag from an objec�ion by Borr <br />If Borrower fails to m�aintain anp of the ooverages described above, <br />voverage, at Lender's option and Borrower's expense. Lender is under n <br />pazticulac type or amount of caverage. Therefore, such caverage sha12 cove <br />not protect Borrower, Borrower's equity in the Propetty, or the contents of <br />hazard or liability and might pravide greater or iesser mverage than was p <br />acknowledges that the cost of #he insurance aoverage so obfained might si <br />insurance that Borrower could have obtained. Anq amowrts disburs�ed by Len <br />become addi�rional debt of Bqrrower secured by tius Securiry Instrument. <br />at the Note rate from the date of disbursement and shall be payable, with s�t <br />Lender to Borrower requesting payment. <br />A.11 insurance policies required by Lender and renewals af such polici <br />zight to disapptove such policies, shall include a standard mortgage cla <br />mortgagee and/or as an additional loss payee I,ender shall have the right to <br />certi�xcates. If Lender requires, Borrower shall prompfly give to Lender all r <br />renewal notices. If Borrower obtains any form of insurance cc�verage, not o 1 <br />for ciamage to, or destrucx�ion o� the Property, such policy shall indude a i <br />shall name Lender as mortgagee and/or as an additional lass pay�. <br />In the event of loss, Borrower shall give prompt notice to t�e insuran <br />may make proof of lass if not made prompdy by Borrower. Unless I.ender <br />in writing, any insurance proceeds, wheiher or not ttee underlying insurance <br />be applied to restoration or repair of the Ptoperty, if the restoration or rep ' <br />Lender's sewrity is not lessened. During such repair and restorafion period, <br />hold such insurance proceeds until I.�nder has had an opportunity to i <br />NEBRASKA - Single Family - Fannie YaeJFreddio Mac UNIFORM INSTRUMENT WITH <br />� BA(N� (oetol Paps B af i5 inki�a:� <br />201102�68 <br />� Security Tnstrument unless <br />: lisn in a manner acceptable <br />intests tbe lien in good faith <br />Lender's opinion operate to <br />only until such proceedings <br />ory to Lender subardinating <br />Property is subjed to a lien <br />�wer a notice identifying the <br />aiisfy the lien or take one or <br />tax verification and/or <br />�ting or hereafter erected on <br />xtended coverage," and any <br />i Lender requires insurance. <br />:ls) and for the periods that <br />n change during the tetm of <br />�rrawer subjed to I.ender's <br />uareasonabiy. I.ender may <br />:ime charge for flood zone <br />�r flood zone datemunation <br />imiFar changes ovcur which <br />also be responsible for the <br />ncy' in connection with the <br />,ender xnay obtain insurance <br />obIigation to purcliase any <br />T.ender, but might or might <br />e Property, against any risic, <br />;viously in effed. Borrower <br />ri�cancly exceed the cost of <br />er under tius Section 5 shai! <br />e amounls shall bear interesk <br />h interest, upon nolice &am <br />shall be subject to Lender's <br />and shall name Lender as <br />old the poticies and renewai <br />xipts of paid premiums and <br />�erwise required by Lender, <br />andard morigage clause and <br />carrier and Lender. L.eader <br />d Borrower otherwise agree <br />required by I,�nder, shsll <br />is eoonomicat[y feasible and <br />nder shall have the right to <br />such Property to ensure the <br />11-01-000005 <br />Fa�rn 3028 f /07 <br />