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201200550 All insiu�anoe policie�s required by Lender and renewals ofsuch yolioies staall be subjeoC Co Lender's right to disapprove such policies, slxall rnclude a sGwdard mortgage clat�se, a»d sha11 name Lender as mortgagee and/or�s ati additional loas payee. Le��dor shall hava tlie right Eo hold the polioies a�d re�tewal cacti6cates. If Lender reqttiras, I3orrower shall promptly give Co Lcndcr all receipts of paid pretuimns and renowal notiices. If Borro�er obtains any form of insurance coverage, not otherwieo rcquired Uy Lander, for duvnge to, or dest�ucYion oP, the Properly, such policy sha11 include a�sYanderd mortgage clause and shall name Leucler es mortgagee a�id/or as an additional loss payee. In the event of loss, Borrower sha11 give prompt noYice to the inew�anca carrier a»d I,ender. Leuder m�y make prooP of loss if not made promptly by 13orrower. Unless Lender and Bonower otl�erwise agrea in �*n�iting, any insurance prooeeds, whefher or not the tmderlyi�g insixrance was required by Le�idor, sha71 be applied to resCoration or repair of the Proparty, if the reetorefion or ropair is ecoilomically feasibl�And Lendea•'s security is not lesse�ied. During such rapan•and restoration period, Lender sha1l l�ave the right Yo hold such insuranca proceeds until Lender has had an opport�mity tio inspecY sucl�Proper[y fo ensi�rc flie work has been comp1eted to Lender's setisfection, provided lhat such iuspection sha11 be undextaken pronzptly. Lender may disbiu'sc proceeds£or the repaiz•s and restorafion in a singlepayment or in a series of � progress payments as the work is coii��lcted. Un1ess an agreement is m�de in wrieing or ApplicaUle Law requires interest to be paid on snoh insiu€�nce procceds, Lender sha11 not be required to p�y Borr�wer a�iy �nterest or eu�ninge on such proaeeds. FeeB for piiblic adjusters, or other tliird pattiea, retnined by Bo�rowcr ehall not bc paid out of'the instuance proceeda nnd shall he the solo o6ligation of Borrower. If the restora[ion or repair is not cewiomioally feasiUle or Lender's security would be lesecncd, the insttrauce prooeeds ahall be applied to the sunvs seciued by fl�is Secm'ity Instrument, a$ather or not then due, with tl�e excose, if any, paid to Borrower. Such insurnuoe proceeds shall bo applied iu tl�e order provldad for in Section 2. IF Borrower�bandons the Property, I,ender may file, nagotiate aud sattle any avtulable insurnnce claim and rclated matters. If Borrower does not reapond within 30 days to a notice ii�om Lender tliat the insuranoe oa�rier haa offc��cd to sett1e a claim, then Lender'may negotiate ntid seltle 4he claim. 'Clie 30-day period will begin when Lhe notiee is given. In either event, or if Landar acquires the Property under SecL2on 22 or othercvise, Borrower hereUy asaigns fo Lend� (a) }3orrowe�'s ri�;hts Co uiy insw�tuice proeeeds in nn ainounC not to �ceed the amoimts unpaid nnder the NoCe or thie Socurity Instrwnent, aaid(b) any other oP Borrower'e riglrts(other tlian tlie.right to nuy refund of unearned premiums paid Uy Borrower) under all insurnnce polioies covering Che Propcn�ty, insofar as such rights are applicable to the coverage oP lhe Propertiy. Lander may use the insurtv�ce prooeede eitl�cr to repair or restore the Pxoperty or Yo pfly Arnaunts impaid under flie Note or{his Secm•ity InsYa•ument, whether or noC then duo. 6. Occupancy. Rorrowar sliall occupy, esYxbliah, flnd use hhe Property as Boreower's principal resideuce within 60 d�ye aftcr Ykc cxccution of this Securitiy ffistiiument Tud shnll contimie'to ocoixpy Vhe Pro�erty as Borrower's principal reeidenee for aC least one yoar after tl�e date of occupaacy, unless Lender otherwiae a�rees in writing, which oonsent shnll not be unreaaonal�ly withhcld, or unless extemutitiing circumstances cxist which a��e Ueyond Borrower's coutrol. 7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not destroy, dvnage or impalr the Propertiy, allow tho Property to deteriorate or commit waste ou the Yroperty. Wl�eflier or not$orrower is residing in the Propertiy, Borrower shn11 ma3ntain the Property in order to provcnt the Property ftom deferiorating or docrcasing in valua dLie ko its condition. Unless it ia detennined pursuant to SeoCion 5 tliat repair or restoratioii is not€conomically feasiblo, Borrowax s1�a11 prompUy repair the Property if dat��agcti to auoicl further deterioration ar daanege. IF iusucanoe or oonden�naCion��rocceds arc pald in connection wilh clan�age Co, or thc taking of, the Pmperty, Borrowar sho11 be responeiUle£or repairing �r restoring the Property only if Lender hns relensed piroccc ds for such purposes. Lender ina}�disburse proceeds za00000a NEeRA9KA-61ngleFamlly�FannleMaelFretltlleMacUNIFORM WSTROMENT Porm30201l0.1 VMP� VM P6(NE)f11051 Woltars Kluwer Flnanclel Servlces Page Y of 17