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��14��445 All �nsuran�e pfllic�es required by Lender and renewa�s of such poii�ies shall be suh�ec�to Lender's r�ght to d�sapprove such palicies, shail inc�ude a s�andard mor�ga�e claus�, and sha11 name Lender as mor�gagee andlor as ar�additiona� loss payee. Lender sha�l have the right to hold the po�icies and renewa�cer��f�cates. �f Lender requires, Borrav�er shai�promptly give to L.ender a11 rec�ipts of pa�d prem�.ums and renewaa.notic�s. �f Borrow�r obtains any farm of insurance coverage, no�othervvise required by Lender, for damage to, or destruction of, th�Proper��, such pol�cy shall �nclude a standard mor�gag�clause and shali name Lender as mortgagee andlor as an addi�iona� �oss payee. In�he��ent of loss, Borrower s�Za�� g��prompt nn�ic��o the insurance carr�er and L�nder. I�.ender may make praof of Xoss if n�t made promprl�r by Borrawer. Unless Lender and�orrovc�er��herw�se agre��n writ�ng, an� �nsuranc�proceeds, wh�ther or not the underly�ng insurance was requ�red�by Lender, sha�l be appl�ed to res�oration or repa�r of th�Praperty, if the r�s�ora��on or repa�r�s e�onomically f�asib�e and Lender's s�curity is nat lessened. During such repa�r and res�oration per�od, Lender sha11 ha�e the righ��o hold such insuran�e pr�ceeds un�i� Lender�as had a��op�ar�unity to inspect su�h Fraper�y�o ensure the work has been comp�eted�o I.�:nd�r's sat�sfac��on, pro�r�ded that such inspe�tion sha�l be under�ak�n promp�ly. L�nder may d�s�urs�proceeds f�r the repa�rs and res�ora�ion�n a sing�e payment or in a seri�s of progress payments a�the v�rork is comp�e�ed. Un�ess an agreemen�is made�n writ�ng or Ap�I�cable Law requires �nterest�o be pa�d on such insurance pro�eeds, Lender shal�not�e required to pay Borrovc�er any interest or earnings on su�h proceeds. Fe�s for publ�c adjus�ers, �r o�her�hird part�es, retained by Bvrrower sha��na�be paid out of the insurari�e proceeds and sha��be the so�e ob��ga��on of Borrou�er. If the r�s�oration or repair is not��nomical��feas�b��or Lender's securi�y wouid b��essened, �he insuranc�proceeds shall�e applied t��he sums se�ured by�his Secur�ty �n�trum�ent, wheth�r ar nat then due, w�th the excess, if any, pa�d to B�rrawer. Such�nsuranc�proceeds shall be app�ied�n th��rder pro�ided for in Se��n 2. �f Barrower aband�ns the Prflperty, Lender may f�le, negotia�e and se��1e an�ava�lable insura.n�e�laim and related ma��ers. �f Barrower does na�respand w�th�n 3�days�� a no�ice from Lender that the�nsurance carrier has offered to set�le a claim, then Lender nzay n�got�a�e and se�tle the cla�m. The 3D-day period wil� begin�vhen the n�t�ce is giv�n. In either e�ent, or�f iaender acquires �he Pr�per�y under Sect�on��r o�herwise, Borrov�er hereb� assigns�o Lend�r�a}Borravver's rights�o any insurance pro��ds ��an amoun� not to�xceed�he amoun�s unpaid under the Note or this Securi�y�nstrun�en�, and�b} any other of B�rr�wer's rights �other than the r�ght�o any refund of unearned pr�m�ums pa�d�� Barrower}under a11 �nsurance pa�ic�e�co�erin��he Proper�y, �nsofar as such r�ghts are appl�cabie ta the c�verage af the Property. Lender nzay u��th�insurance proc�eds eifher to r�pair or res�are�he Proper�y ar to pay amounts unpa�d under�he No�e flr this Secur�ty �nstrumen�, wh��her�r not�hen due. 6. Dccupancy. Borrov�rer sha��oc�upy, esta��sh, and use the Proper�y as Borrou�er's pr�ncipai residence vv�th�n d�days after the executian of�his Securz�y �ns�rumen�and sha11 continue to flccupy the Proper�y as Borrower's pr�nc�pa�residence for at leas�one year af�er�h�date of occupanc�, un�es�Lfender o�herwise agrees �n writing, which consent shall n��be unreasonabl��vithheld, or un�ess ex�enuating circums�ances exist wh��h are beyond Borrower's contr�l. 7. Preser�ation, 1�laintenance and Protectivn �f the Property; Inspections. Borrov�rer sha��not des�roy, damage ar impair the Property, all�w�he Proper��ta de�eriarate or commit waste on the Proper�y. Whe�her or nnt Barrovver�s residing �n the Propert�, Barrow�r �ha��maintain fh�Froper�y in order��pr��ent the Proper�� from de�erinrating or decreasing in va�ue due tfl x�s condit�on. IJnless �� is de�ermined pursuan��a Se��ion 5 t�at repair nr rest�rati�n�s not economicall� feasibie, Borr�wer sha�i�rompt�y repa�r th�Pr�per�y if damaged to avoid further deter�ora�ion ar damage. If insurance or condemna�ian proceeds are paid in c�nnection with damage to, or the faking flf, �he Property, B�rrower shall be respons��Ie for repairing or restorxng the Praper�� anly if Lender has re�eased proceeds for such purposes. Lender n�a��xs�burse proce�ds N�BRASKA-Singte Family-F�nnie M�ielFreddie Mac UNIF�RM INSTRUM�NT �orrn 3428�J�� VMP Q VMPfi{N�)�13Q2} Wolters Ktuwer Financial Ser�ices Page 7 vf�7