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201210454 All instvanoe polioies required by Lender and renewals of such policies shell be subject co Lender's right to disapprove such policies, shall Inolude a atiandard mortgage clause, aud shal] name I,ender as mortgagee and/or as az1 additional loss paycc. Lcnder ehall havc the righC Co hold t4ie policie.s and ronewal cerfifieai�es. IP Lcnidcr requires, Borrower shall pro�nptly give to Lender all receipts of paid premiuma nnd renewnl notices. If Borrower obtt�ins azty Eonn of'insuranca coverage, not otl�erwise required Uy Lender, tor damage to, or dastructiion ot; Uie Property, such policy shall inchtdc�a standard mortgago clause and sl�all namo Lendcr as inortgagee and/or as an additional los�payee. In tiha evant of loss, Borrower shall bive pron�t notioo to thc insurancc carricr ai�d Lcndcr. Lcndor may m�1ce proof of lo�s if not madc promptly by Borrower. Unless Lencier and Bormwer oCl�ierwise agree in writing, any instrranee proceeda, whether or uot the underlying insurence was required by Lender, ehall be applied to restoration or repair of fhe Property, if thc restoration or ee��air is eeononvcttlly feaeible uid I,ender's security in nof lesscixcd. Ut�ring sueh repair and restoration period, Lender shall hnve the right to hold such insurance pxoeeeds until Lencler has had tm opportwiity to inspect suoh Property fo ensure fhe work has been coinpleted to Lender's sutisfaction, provided that such inspccfion eh�ll bo undcrtalccn �rompYly. Lcndor may dinUuree proceeds foi the repairs�nd restoration iu n xingle payment or in[�series ot' progress pnyments ae tlie work is completed. Uiiless an agreeinent is inade iu wriYing or ApplicaUle I,aw requires interest to be j3aid on such insurance proceeds, Lender sl�rall not be required to pay Borrowcr any interest or eamings on�such proceeds. Fees for public adjuntcrs, c�r oftier Lhird par6ie�, retained by Borrower shall not be paid out of tho insLnance��rocccde azid ehall Ue Aie aole obligatiou of IIorrower. If the restoraPion or repair is not econonucally feasible or Lender's aecurity would be lesaened, Yhe insur�nce proceeds shall Ue applied to the sums secured by this Sectu�ity Ilistrtuneut, whether or not Uien due, with the excess, ifi any, paid to Borrower. Such insucance}n�ooeedy shall be applicd in thc nrder providcd For in Scction 2. If Borrower abandons Uie Property, Tsnder may fi7e, neg�atiate and scttic airy av�.ilable ivsuranco ol�in2 and related mattera If Borrowcr does not respond wilhin 30 days to a notice fi�om Lender Hiat the insiirance oarriex has offered to settle a claini, then Leuder mny negotiake and settle the claun. The 30-day period will bogiu v4ien Yhe noCiee is given. In either event, or if Le�ider acqnires the Property undcr Scc6on 22 or o�lierwise, T4orrower hereby assigns to Lcndcr (a)Borrower's rights to auy insurance proceecls in an amount not to excccd tl�o amounCs un�aid imcier Ihe Note or this SecuiiLy Inetrnment, anft(b)any othex of Borrower's righta(other Cheui the right to any refimd of tinearned premiums paid by Borrower) under a11 insuraaice policiea covering the Property, insofar as such righte are applicablo to t]Te coverage�nf the Yroperty. Lcnder may i�se khe insurance proceeds eithex to repnir or restore the Property or to pny amounts unpaid under the Note or this Secwity Instrument, whether or noC Uien due. 6� OccuparlCy. Borrower shall occupy, estaUlish, and use the Property as Borrower's priixcipal residence within b0 days aftet the execution of this Security instr'wnent and shal] continuo to occiy�y the Yroperty as Borro�ver'a principal residenoe £or at leasE one year afler the date of occupancy, unless L�nder oCherwise agrees in writing, wluch consent sl�all not Ue wueasonaUly witlilield, or miless extenuaking circmnstances axisC which are Ueyond I3orrowei's cm�hol. 7. Preservation, Maintenance and Protection oF the Property; Inspections. Borrower shall not desUoy, dainage or impair t7ie Property, �d1ow the Vroperty to dcteriorato or commit wasto oir fl�c Property. Whctl�er or i�ot 13orrowcr is residing in lhe Properly, Borrower shall m�intain the Properly in order to prevenC Cl��e Propexty from deterioreting or decrensing in value due to its condition. Unless it ia deteirnined pursuant to Section 5 tha�t repair or restoration is not ecouomically feasible, I3orrower sl�all promptly repair the Property if damaged to avoid f�u�tl�er detorioraCion or damage. Pf instiu'nnce or wndemnaLion proceeds z��c paid in coimecHon wi�li damage to, or the Ynking of, the Properry, Borrower shall be resparialUle for repairing ar restoring the ProperCy onty if Lender has released proceeds for such purposes. Lender may disburse proceeds saoosgos NEBRASKA-Single Pemlly-Fannle A7ae/Freddls Mac UNIFORA7 INSTRUidENI' Form 3026 1f01 VId P� V IJ�P6�(N[)(1105) Wolters ICluwer Flnanclal Services Page'!oi 17