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2�i1o3si4 Bonower shall promptly discharge any lien which has prioriry 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 Bonower 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 proceedings are concluded; or (c) s�ures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this 5ecurity Instrulnent. 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 norice identifying the lien. Within 10 days of the date on which that notice is given, Bonower 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 Lender in connection with this Loan. 5. Property Insurance. Borrower shall keep the improvements now elcisting 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 L.ender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. VVhat Lender requires gursuant to the preceding sentences c�n change during the term of the Loan. The insivance carrier providing the insurance shall be chosen by Borrower sub}ect to Lender's right to disappmve Bonower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, ia connection with tkis Loan, either: (a) a one-time charge for flood zone determination, certification and tracking services; or (b) a one-time charge for fIood zone determination and certificatian services and subsequent chazges each time remappings or si�ar changes occur w�eich reasonabl}� might affect such determination or certification. Borrower shall atso be responsible for the payment of �y fee�s imposed by the F�erai Emergency Management Agency in connection with the review of any flood zo�e determinarion resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lend�r may obtain insurance coverage, at Lender's oprion and Bonower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, bux might or might not pmtect Borrower, Bonower's ec}uity in the Property, or the contents of tfie Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Bormwer acknowledges that the cost of the insutance coverage so abtained might significantly exc.eed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Secrion 5 shall become addirional debt of Bonower 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 norice from Lender to Borrower requesting payment. A11 inc,�r�ce 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 ctause, and shall name Lender as mortgagee and/or as an addirional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Bonower shall promptly give to Lender a11 receipts of paid premiums and renewal notices. If Bonower obtains any form of insurance coverage, not otherwise requ.ired by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and sha11 name Lender as mortgagee and/or as an additionalloss payee. In the event of loss, Borrower shall give prompt norice 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 restorarion 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 insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) 1oe� �) Page 8 of 15 Initials r Form 3028 m � „ . r„ � � d 1 /01 �.