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201102962 Borrower shall promptly discharge any lien which has priority over tlus 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 performing such agteement; (b) contesls the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate ta prevent the enforcement of the lien wlule those proceedings aze pending, but only until such proceedings aze concluded; or (c) secures &om the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security in�+*��t. If Lender determines that any part of the Property is subject to a lien wluch can attain priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on wluch t.�at notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above m this Section 4. Lender may require Borrower to pay a one-time ck�arge for a real estate tax verification and/or reporting service used by Lender in connection with tlus Loan. 5. Property Insurance. Borrower shall kcep the improvements now existing or hereafter erected on the Properry insured against loss by fire, hazards included within the term "e�ctended coverage," and any other l�azards including, but not limited to, eazthquakes and floods, for wluch Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods 8�at Lender requires. What Lender raquires pursuant to the preceding sentences can change during the term of the Loan. The ins�ance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrow�'s choice, wluch right sLell not be exercised unreasonably. Lender may require Borrower to pay, in connection with U1is Loan, either: (a) a ona-time chazge for flood zone detrrm;narion, cettification and iracldng services; or (b) a one-time charge for flood zone detPruL.fion and certification services and subsequent chazges each time remappings or similaz changes occiu which reasonably might affect such determination or certification. Bortower 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 zone detecmination resulting from an objecrion by Bonowes. If Borrower fails to maintain any of the coverages described above, I.ender may obtain insurance coverage, at Lender'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 might or might not protect Bonower, Borrower' s equity in the Property, or the contenu of the Property, against any risk, haz�d or liability and might provide greater or lesser coverage than was previously in effect. Borrower aclmowledges tbat the cost of the insurance coverage so obtained might signiScantly exceed tl�e cost of insurance that Borrower could have obtained. Any amounts disbursed by I.ender under this Section 5 shall become additional debt of Borrowec 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. All insurauce policies required by I.ender and reuewals of such policies shall be subject ta Lender's right to disapprove such policies, shall include a standard mortgage clause, and sliall name Lender as mortgagee and/or as an additional loss payee. Lender shall have the right to hold the policies and renewal cerhificates. If Lender requires, Borrower shall promptly give to Lender a11 receipts of paid premiums and rcnewal notices. If Borrower obtains any form of insvrance wverage, not otherwise required by I,ender, for dawage to, or destruction of, the Property, such policy shall inciude a standard mortgage clause and shall nsme Lender as mortgagee and/or as an addirional loss payee. In the event of loss, Boaower shall give prompt notice to the insurance carria and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrowet otherwise agree in writing, any inc�„Y,++� proceeds, whether or not the underlying ins�sance 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, Lender shall have the right to hold such insutance proceeds unril Lender has had an opportunity to inspect such Properry to ensure the 10-12301 NEBRASKA -Single Family -Pannk MaelFreddk Mae UNIFORM INSTRUMENT WITH MERS �•6A(NE) (ae�o� Page 8 of 16 Initlab: Form 3028 1/01 ��