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20��0505� Barrawer shall prompdy drschazge any lien which has priority over this Se�urity Insmiment unless Borrower: {a) agrees in writing to the payment of the obligadon 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 aze pending, but only antil such proceedings aze concluded; or (c) secures fram the holder of the lien an agreement satisfactory to Lender subordinaUr►g the lien to this Security Inswment If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Insirument, Lender may give Borrower a notice identifying the lien, Within 10 days of the date on which that nodce is given, Bonower shall satisfy the lien or take one or more of the actions set forth above in this Se�tion 4. Lender may require Borrower to pay a one-time charge for a real estate tax verificasion and/or reporting service nsed by Lender in connection with this Loan, 5. Property Insurance. Bonower shall keep the improvements now existing or hereafter erected on the Progeny insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and flaods, 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 parsuant to the preceding sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this T.oan, either: (a) a one-time chazge for flood zone determination, certification and tracking services; or (b} a one-time charge for flood zone determination and cefification services and subsequsnt charges each time remappings or similar changes occur which reasonably might affect such determination ox certification. Borrower shall also be resgonsible for the payment of any fees imposed by the Federal Emergency Management Agency in connecdon with the review of any flood zone determination resulting from an objection by Bonower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender's opdon and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. T'herefqre, such coverage shall cover Lender, but might or might not protsct Borrower, Borrower's equity in the Propeny, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effec�. Bonower acknowledges that the cost of the insurance coverage so obtair►ed might significandy exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall become addidonal debt of Borrower secured by this Security Insirument These amounts shall bear interest at the Note rate from the date of disbursernent and shall be payable, with such interest, upon notice from Lender to Bonower requesting payment, All insurance policies required by I.ender and renewals of such golicies shall be subject to Lender's right to disapprove such golicies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an addidonal loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all re�eipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coveraga, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy sha11 include a star►dard mortgage clause and shall name Lender as mortgage� and/or as an additional loss payee. In the event of loss, Borrower shall give prompt nodce to the insurance carrier and Lender. Lender may make proof of loss if not made prompdy by Borrower. Unless Lender and Bonower 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 reparr is economically feasible and Lender's seciuity 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 - Fannte Mae/Freddie Mac UNIFORM INSTRUMENT WITH MER3 �-6A{NE) �oa�o� Page e of 16 initiais: Form 3028 1/01