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��14��377 A�� insurance pa�icies requ�r�d by Lender and renewals of such policie� sha�l b�subje�t tfl L.ender's r�gh��o d�sapproWe such po��cies, sha11 include a standard mor�gage clause, and sha�� name L,�nder as mor�gagee andlor as an ac�d�tionalloss payee. Lender sha�i ha�re�he right�o hold�he palicies and r�nevval cer��ficates. �f Lend�r requires, Borrower shali pramptly gxve�o L.e�der a�l rece�pts of paid premiums and renewa�nat�ces. �f Barrower�btains an� form of insuranc�caverag�, nat�therwise requ�red b�L�ndery for damage to, or destructian of, the Pr�p�r�y, such poiicy sha�� nc�ud�a standard martgage clause a.x�d shall name Lender as mar�gag�e andlor as an addi�i�nal loss paye�. In�he e��nt of loss, Borrow�r shali give prom.pt no�ice�o the�nsuranc�carrier and Lender. Lend�r may make proaf of loss �f no�made promp��b� Barrawer. Ur��ess Lender and Borrower o�herwise agre��n u�r��ing, an�insurance pro�eeds, �vhether ar nn��he under�ying insurance v�as requ�red�y Lender, sha�1 b� app�r�d t�r�stora�ion or repair of the Property, if�he res�ara�ian or repair is econom�ca��y feasible and Lender's secur��y �s not Iessened. I�uring such repair and res�ara�xon p�riad, L�nder sha��hav�the r�ght�o hold such insuran�pracee�s un�z� Lender has had an appnr�uni�y�o �nspec�such Pr�p�r�y to ensure�he �vark has be,�n comp�eted�o Lender's satisfaction, prov�ded�hat su�h�nspection shall be under�aken pra�np�ly. L�nder ma�disburse praceeds for�he repa�rs and restara�ion�n a sing�e paym�nt ar�n a seri�s�f pr�gress�ayments as the vvork is c�mple��d. Uniess an a�reement is made�n v�ri��ng or Appl�cab�e La�v requires intere��a be pa�d on such xnsuran��proc�eds, Lender�ha11 na�be required�o pa��orrawer any intere�t or earn�ngs on such praceeds. �ees for public ad�us�ers, or other�hird par�ies, re�ained by Borra�rer sha��n��be paid out of�he�nsurance proceeds and shall be�he s��e ob�iga�ian of Borrow�r. �f the res�aration or repair is no�econon�cally feasible or Lender's secur�ty�nrould be lessened, �he�nsurance prac�ds s�a�l be appl�ed to the sums secured by th�s Securi�y�nstrumen�, �rhether�r not�hen due, wi�h�he e�cess, zf any, paid to Borrow�r. Su�h�nsurance proc�eds shall be app�ied in�he arder pro��ded for in Sec�ian�. �f Barrower a�andons the Prap�r�y, Lender may f��ey neg��ia�e and �e�tle any avai�able insurance cla�m and re�a�ed mat�ers. If Borrower does n��:respond wi�hin 34 days to a na�ice from Lender tha�the�nsurance carrier has�ffered to se��e a c�a�m, �h�n L�nder may negat�ate and settle the claim. The 34�day period vv�� b�g�n v�rhen�he n��ice�s gi�en. �n ei�her e�ent, or if�;nder acqu�res the Proper�y under Sec�ion 2�or o�her�v�s�, Borra�rer hereby assigns�o Lender�a} Borr�vver's righ�s ta an�insurance proceecis�n an arnoun� not to exceed�h�a�m�unts unpa�d under the Na�e ar�h�s 5ecurit�Instrumen�, and�b� any oth�r of Barrower's rights�ather�han�he rxgh�to any refund of un�arned premiums pa�d by Barrower}under all insurance polic�es cavering the Praper�y, insafar as su�h righ�s are appl��able to the co�erage of the Proper�y. i.�nder may use�he insurance proceeds e��h�r to r�pair ar restare t�e Praperty or�o pay amounts unpaid under the N�te or�his Security ins�rument, v5rhe�her or not then due. 6. C]ccupancy. Borrower�ha��occupy, �stablish, ar�d us��he Prop�rty as Borrawer's principal residence vv�th�n 6�days af�er�he exe.�ution of�h�s Security�nstrumen�and shal� continue t�oc�upy�he Proper�y as Borrawer's pr�ncipal residence far at leas�one year after the da�e of�ccupancy, unless I�nder otherwise agrees in writing, wh�ch cons�nt sha11 nn�be unr�as�nably wi�hheld, or un��ss e��enuat�ng c�rcurnstanc�s exist v�hich are beyond Borrawer's�antr�l. 7. Preser�ation. Maintenance and Prvtect�on of the Prvperty: [nspect�ons. Borrower sha11 n��destro�, damage or�m.pair the Praper�y, a��ow the Praper�y�o deteri�ra�e or comm�t wa�t�an�he Praper��. '�.e�her or na�Barra�ver is residing �n the Proper�y, Borrower sha��main�ain the Proper�� rn order t�pre�ent�he Proper�y from deteriorating or decreasing �n valu�due�o �ts�ondi��n. Unless i�is de�ermined pursuant to Sec�ion 5 that repair or restoration�s na�ecnnami.cally feas�b�e, Borrov�er shall promptly repair the Property if damaged�o a�oid further d�teriaration or damage. If�n�urance or cond�mnation praceeds are pa�d in cannec��on v�ith damag��o, ar the�al�ng of, the Proper�y, Borra�rer sha�.�be responsib�e for repairing or r�s�or�ng the Proper��or��y if L�nder has released proceeds for such purposes. L.�nder may disburse proc�eds N�BRASKA-Stngle�amily-�anni�MaelFr�ddie Ma�UNIFORM INSTRUMENT �prm 3a28 i 10� VMP(� VMP6{NEy�13�2) Wvlters Kluwer Financia!Ser�ic�s Page 7 af'i 7