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201200930
<br /> All insur2nce policics rcquired by Lender and renewals ofsuch policias shttll be subjc;ct to I,euder's right to
<br /> disapprove such polioies, shall include a standud mortg�ge clausc, and shall nazne Lender ns mortgagee
<br /> and/or ae�n additional loes payee. Lender sl�all liave the righY to hold flic po1iciee vid renewel oerCiCicates. If
<br /> Lender requires, Bon•ower sliall promptly give m Londer all reoeipYs of paid�rcn��iuins azid renewal notioes,
<br /> If Borrower obtains any fonn of insmance coverage, not'oYhcrwiea requirec1 by Lender, for dainage to, ar
<br /> destcucYion of, the Property, such policy shall include x st�2ndar$mxxtgage cl�use nnd sl�all name Lender ns
<br /> mortgagea and/ar as an addition�l loss payee.
<br /> In tha event of lose, Borrowcr shall give prompt notice to flie insurance carrier nnd Lendcr. Lendar may
<br /> inal<e proof of loss iP not made prorn��tly by Borrower. Uuless Lender and T3orrower otherwise agreo in
<br /> wriiing, airy instivance proceeds, whether or not tl�e underlying insurt�noe w�ts reqtiiv�ed by Lender, sfiall be
<br /> applied ta rastoration or xe�air of tl�c Property, if the reskoralion or rcpair is economioally feasiUle and
<br /> Lendoi's security is not lessened. Dt�ring euch rcpair aisd restoLation period, L,ett,der sha111xave the ripht to
<br /> hald snoh insurancc proceeds unUl Lender hae had an op��ortui�ity to inspeot sneh Property to ensuee Yhe
<br /> work has been completcd to Lender's sa�tisfaction, provided lhat euch inspection shall be nndrn�taken
<br /> proinptl�. I,euder may disburse procccds for the repzirs and xestorauion in a single paytnent or in a serics of
<br /> probress paymeuts as the woxk ia complctcd. Unless a�i agreement ia made in writing or Applicn6le Lnw
<br /> rcquires interest to Ue paid on such ineur�nce procccds, l.endec sha11 not be i�equircd to pay BorLO�aer any
<br /> in[erese pr ear�ings on suoh proceeds. Fees fox pnblie adjustcn s, or oUier Uiird parries, retainecl Uy]3orrower
<br /> sha11 not be pnid onC oPflio insuranco pioceeds and shall be the solo obligation of Borrower. If fhe rest'oration
<br /> or re}�aii'is iiot economicnlly feasible or Lcnder's secuiity would be lessencd, the insuranca proceeda shnll be
<br /> npplied Et>tha sums secm�ed by tlns Security Inslrmi�cnt, whetlier oc not then due, witl�the excess, if uiy,
<br /> paid to Doxxower. S�tch ins�irazlce proceeds shall be npplied in tho order provided fox in SeoCiun 2.
<br /> I£Borrowex abnndona tho Yroperty, Lender may file, uegotiafe and sottle any availnble ivsurance claim and
<br /> related matiters. If Borrower does not respoud within 30 dnys to a noCice from Lander Y$aE the insurance
<br /> carrier has offered to settle n claiul, then Levdcr may negotiate and ee[tle the claiin, Tlie 30-day pariod will
<br /> begin when the notice is givan. In either evenC, or if Lende� acquires the Properly under Section 2Z or
<br /> othenvise, Borrower hereby aesigns to Lender (�) Borrower's righte to any insuranoeprooeeds in an amomit
<br /> noC to exceed 4h�amounta unpaid under Uie Note or tkus Sect�rity Instrument, and(b) eny otlier of
<br /> Borrower's rights (other thau the right to any refwid oi'wiea�•ned premiume p•aid by Borrower)uncler all
<br /> 'v�sm�nnoe polioies covcring the Property, inuofw�as anch righCS aro a}rplicable to the eovernge oP Lhc�
<br /> t'xoperty. Lander anay use the insm�ance proceeds either to repaix ox resturc tho ProparCy or Co pay�mounts
<br /> unpaid undcr tl�e Note or tliis Security Instrumeni, whether or noti then due.
<br /> 6. Occupancy. ,Rorro�er sliall oceu�y, eatablish, ai�d��se the Property ae Botrower's principal residance
<br /> within 60 days lfter tl�e execution oF this Seeurity HvaCriunci�t and ehall continue to occupy fl�c Yroperty as
<br /> Borrower's prinoipal residenco for at]east ona year after the cinte of occupancy, unless Leude��otherwise
<br /> a��eoy in wriCing, which conaenC shall not be unreasonably witlil�elcl, or unless extenuating circumstanc�s
<br /> exist wl�ich a�e beyonci Borrower's control.
<br /> 7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not deshoy,
<br /> detnage or impair the Proparty, allow the Properfy fo detoriortde or comrnit waste on tiho Property. VJhether
<br /> or not Bonrower is resicling in tha Pr operty, Borrower ehall n�aintait�the Property in order co prcvcnt tl�e
<br /> Prpporty froin dateriornting or decreasing in value dne to its condition. Unlese it is detennuied pursunnt Co
<br /> Secfion 5 lhat repair or restoration is not econonvcally£casible, Rorrower shall pxomptly repaix the Property
<br /> if daznaged to avoid fiu ther detcrfioration or damage. If insm�ance or wndenmation proceeds are paid in
<br /> counection wiYh dam<�ge to, or tl�e Caking r�f, the Property, Borrower shal]Ue responeible for rep�iring or
<br /> roeforing the Properly only it'Lender has relcased proceeds for such purposee. Lender may disburse proceede
<br /> z�aaoxte
<br /> NF9RASKA-Sin�le Fzm Ily-Fennle A7 ee/Retldle Id ac U NIFORM INS7RUM Ei�T Porm 3020 1101
<br /> ����'� VA4 P6(N E)f1 1051
<br /> Wollers I<luwer Finanolal Services PageY of 17
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