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20110�948
<br />Bonower shall promptly dischazge any lien which has priority over this Security Instrument unle�
<br />Borrower: (a) a� in writing to the payment of the obligation se�ured by the lien in a manner acc�table
<br />to Lender, but only so long as Borrower is performing such agreement; (b) contests the lien in go� faith
<br />by, or defends against enforcement of the lien in, legal proceedings which in Lender' s opinion operate to
<br />prevent the enforcement of the lien wlule those proceedings are pending, but only until such proceedings
<br />are concluded; or (c) s�ures from the holder of the lien an agreement satisfactory to Lender subordinating
<br />the lien to this Security Instrument. If Lender detemrines that any part of the Property is subjeet to a lien
<br />which c�n attain priority over this Security Instrument, Lender may give Barrower a notice identif3ring the
<br />lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or
<br />more of the actions set forth above in this Se�tion 4.
<br />Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or
<br />reporting service used by Lender in connection with this Loan.
<br />5. Properiy Insarance. Borrower shall k�p the improvements now existing or herea$er erected on
<br />the Property insurefl against loss by fire, hazarda included within the term "extended coverage," and any
<br />other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance.
<br />This insurance shall be maintaineri in the amounts (including deductible levels) and for the periods that
<br />Lender requir�s. What Lender requires pursuant to the prec�ing sentences can change during the t�m of
<br />the Loan. The ;n� carrier providing the insurance shall be chosen by Borrower subjext to L�der's
<br />right to disapprove Bonower's choice, which right shall not be exercised unreasonably. Lender a�y
<br />require Bonower to pay, in connection with this Loan, either: (a) a one-time charge for flood zon�
<br />determination, c�rtification and tracldng services; or (b) a on�time charge for flaad zone determinarion
<br />and certification services and subs�uent charges each time remappings or similaz changes occur wluch
<br />reasonably might affe,ct such determination or certification. Borrower sball also be responsible for the
<br />payment of any fees imposed by the Federal Emergency Management Agency in comie�tion with the
<br />review of any fload wne determination resulting from � objection by Borrower.
<br />If Horrower faiLs to maintain any of the coverages described above, Lender may obtain insiu�ance
<br />coverage, at Lender's option and Bonower's expense. Lender is under no obligation to purchase any
<br />particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might
<br />not proke�t Borrower, Bonower' s equity in the Property, or the contents of the Progerty, against any risk,
<br />hazard or liability azid might provide greater or lesser coverage than was previously in effect. Borrower
<br />acknowledges that the cost of the insurance coverage so obtained might signific�ntly exc,eed the cost of
<br />insurance that Boaower could have obtained Any amounts disbursed by Lender under this Section 5 shall
<br />become additional debt of Borrower s�ured by this Security Instrument. These �nounts shall bear interest
<br />at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from
<br />Lender to Borrower requesting payment.
<br />All �nc,,,�nc� policies required by I,ender and renewals of such policies shall be subject to Lender's
<br />right to disapprove such policies, shall include a standard mortgage clause, and sha11 name Lmder as
<br />mortgagee and/or as an additional loss payee. Lender shall have the right to hold the polici� and renewal
<br />certificates. If Lender requires, Bonower shall promptly give to Lender all receipts of paid preimums and
<br />renewal notices. If Borrower obtains any form of insarance coverage, not otherwise required by Lender,
<br />for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and
<br />shall name I.ender as mortgagee and/or as an additional loss paye.e.
<br />In the event of loss, Bonower sball give prompt notice to the insurance c;arrier and Lender. I,ender
<br />may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree
<br />in writing, any insurance procee,ds, whether or not the underlying insurance was r�uired by Lender, shall
<br />be applied to restoration or repair of the Property, if the restoration or repair is economically feasible aad
<br />Lender' s security is not lessened. During such repair and restoration period, Lender sha11 have the right to
<br />hold such insurance procee�s until Lender has had an opportunity to inspect such Property to ensure the
<br />2200196725 D V6ANE
<br />NEBRASKA - Single Family - Fannle Mae/Freddle Mac UNIFORM INSTRUMENT WITH M
<br />�-6A�NE�108101 Page8of75 Initials:,���, FO�R13028 1�01
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