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201109037 services and snbsequent charges each time remappings or simiiaz changes occur wiuch reasonably �ight affect such determination or certification. Bonower sha11 also be resgonsble for the payment of an.y fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Boaower. If Bosower fails to maintain any of the coverages described above, Lender may obta.in insurance coverage, at Lender's option and Borrower's expense. Lender is nnder no obligation to purchase any particnlar type or amount of coverage. Therefore, snch coverage shall cover Lender, but might or might not protect Borrowez, So�ower's eqnity in the Properly, or the contents of the Property, against any risk, hazarcl or liabilitq and might provide greater ar lesser coverage than was previously in effect Boaower acltnowledges that the cost of the insur�.nce coverage so obtained might si�ifificantly exceed the cost of �n� that Boirower could ha.ve obtained Any amounts disbursed by Lender un.der this Section 5 shall become additional debt of $oirower secured by this Security Instrument These amounts shall bear interest at the Note rate from the date of disbursement an.d shatl be payable, with such interes� upon notice from Lender to Borrower requesting payment All insnrance policies required by T.ender and renewals of such policies sha11 be subject to Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an additional loss payee. Lender shall have th.e right to hold the policies and renewa.l certificates. If Lender requires, Bonrower sha11 promptly give to Lender all receipts of paid premiums and renewal ttotices. If Boaower obtains any form of insurance covesage, not otherwise required by Lender, for dama.ge to, ar destruction o� the Properiy, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee. In the event of loss, Boaower shall give pzompt notice to the inc,*�nce carrier and Len.der. I.ender may make proof of loss if not made promptly by Borrower. Unless Lender an.d Bosower otherwise agree in writing, any +*��nce proceeds, �thether or not the nnderlying incnn�ce was required by Lender, sha11 be applied to restoration or repair of the Property, if the restoration or repair is economically feasihle and Lendei's secnrity is not lessened. During snch repair and restoration period, Lender shali have the ri.ght to hold such insura.nce proceeds until Lender has had an oppordmity to inspect such Progerry to ensure the work has been completed to Lender's satisfaction, provided that snch inspection shall be nndertaken promgtly. Lender may disburse proceeds for the repaizs and restoration in a single payment or in a series of progress payments as the work is completed. Unless an agreement is made in writin.g or Applicable Law requires interest to be paid on such Tn��*�nce proceeds, Lender shall not be required to pay Boaower aay interest or earni.ngs on such proceeds. Fees for public adjusters, or other third parties, retained by Borrotiver shall not be paid out of the ir,�,�r�n�e proceeds and shall. be the sole obliga.tion of Boaower. If the restoration or repair is not economically feasible or Lender's security would be lessened, the in�*�nce proceeds shat[ be applied to the sums secured by this Security Instrument, whether or not then due, with ttze excess, if any, paid to Boaower. Such inc„�nce proceeds sha11 be agpliec! in the order provided for in Section 2. If Boaower abandons the Property, Lender may fiie, ne�otiate aad settle any available �n�TM�nce claim and related matters. If Borr4wer does not respond within 30 days to a notice from Lender that the insurance catrier bas offered to settle a claim, then Lender may negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, or if Lender acquires the Property under Section 22 or otherwise, Bosower hereby assigns to Leader (a) $orromer's ri�hts ta any ��**�nce proceeds in an amount not to exceed the amovats unpaid under the Note or this 5ecvrity Instrument, aad (b) any other of Bosower's zights (other than the right to any refimd of uneazned premiums paid by Boaower) under all in�.,,�nce policies covering the Properry, insofar as such rights are applicable to the coverage of t�e Property. Lender may use the �n��nce proceeds either to zepair or restore the Property or to gay amounts unpaid nnder the Note or this Security Instrument, whether or not then due. NEBRASKASingle Famtty-Fenn[e MaelFrotldta bfac UNiFORM IHISTRUMENT WITH MERS Fotm 3Q� �ro1 VMPBA(NEJ (11Qb).00 WctmB KluwerFlrtanclal Servlms Pe9e 7 of 7� ii i i� ii�� i i iii �i ii �i�i �� ii�i i��i i i� i � i i� iii �i