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� �� ��14�1�43 � � AII insurance poiicies required by Lender and r�newals of such poiicies shaii be subject to Lender's righ�to disappra�e such polic�es, shall in�Iude a standard mortgage clause, and sha�i nam�Lend�r as martgagee andlar as an add��anal �oss payee. Lender shall hav�th�right to hoid the po�ici�s and ren�wal cer�if�cates. If L.ender requires, Borrawer sha��pr�mptl� give to Lend�r all rece�pts of pa�d premium� and renewal notices. If Borrower obtains any form of insuran.ce ca�erage, no�o�herwise required by L,ender, f�r�amage to, or d�struction of, the Proper�y, such policy shall include a standard mortgage clause and sha�� name Lender as mortgagee andlor as an additianal loss paye�. In�he event of loss, Borrower shal� gi�e promp�noti�e�a the�nsurance carrier and Lender. L��d�r may make proof of loss if no�made pra�npt�y b� Borrflwer. Un�ess Lender and B�rrower otherwise agree�n wriCing, any insurance proc��ds, whe�her or no��he under�ying insurance was required by Lender, shall be ap�li�d�o r�storation or repair of th�Praper�y, if the res�orat��n�r repa�r is economically feasible and Lender's securzty is not�essened. During such r�pair and res�flration p�riod, I.�nder shall ha�re�he right ta hoid such �nsurance praceeds until Lender has had an oppor�uni�y�fl inspect such Property�o ensure the work has been completed�o Lender's sa�isfac�i�n, pra�ided�ha�such inspec�ion sha��b�undertaken pramptly. Lender may disburse proceeds for�he repairs and restara�ion in a single pa�ment or�n a series of progress paymen�s as the work is compieted. Uniess an agreement is made in wri�ing or Applicable Law requires interes��a b�paid on su�h insuran��proceeds, Lender shall na�be required�o pay Borrov�er any interest�r earn�ngs on such�roceeds. Fees fnr pub�ic adjusters, or o�her�hird par�ies, re�ain�d by Borrower shali nar be paid ouC❑f the insurance proceeds and shal�be the sole�bliga�ion of Borraw�r. �f the res�oration or r�pa�r is not e�on�mi�ally feasi��e or L�nder's security w�u�d be less�ned, �he insurance proc�eds shaii b� app�ied to the sums secured by this Security Ins�rument, whether or no��hen due, with the exc�ss, �f any, pa�d�o Barrovver. 5uch insurance proceeds sha11 be app�ied in�he arder pro�ided for�n 5e��nn 2. If Barrawer abandons�he Prop�rty, Lender may fi�e, nego�iate and settie any a�raila�le insurance c�aim and related matters. �f Barrower da�s not respond wi�hin 3D days to a notice from I..�nder tha�the xnsuranc� carrier has offered�fl se��ie a claim, �hen Lender may negotia�e and se�tie the claim. The 3D-day per�od wil� beg�n when the nntice�s gi�en. �n either even�, ar if Lender acquir�s the Prop�r�y under Se�tion�� or ��herwise, Borrow�r h�r�by assigns t� Lender�a} Borrawer's righ�s to ar�y �nsurance praceeds in an amoun� not to exceed the amnunts unpaid under the No�e or this Security Instrumen�, a.�d �b} any o�h�r of Barrower's rights�o�her�han the right to a.�y refund of un�arned pr�miums pa�d by Borr�wer}under al� insuranc�polzc��s cv�ering�he Proper�y, insofar as such rights are applica�le to�he co�erage af the Property. Lender may use the insurance praceeds ei�her to repair or restore the Proper�y or to pay amaunts unpa�d under�he Note or�his Secur�ty �nstrument, whether or not then du�. �. Uccupancy. Borrower sha��o�cupy, establish, and use the Proper�y as Borrower's principa� residence within 6�days after the exe�u�ion af�his Security �nstrumen�and shall cont�nue ta occupy�he Praperty as Barrower's principal residence for at leas��ne year after the date of o�cupancy, unless Lender atherv�ise agre�s in vvri�ing, which cflnsent shall nat be unreasonably ve�ithheld, or unl�ss extenuat�ng circums�ances exist which ar�beyand B�rrawer's contro�. 7. Preser�ation, N'laintenance and Pr�t�ctivn of the Pr�perty; Inspections. Borrower sha�� no�destray, dama�e or impair th� Prop�rty, allow th�Property to deter�orate or�omm�� was�e on the Proper�y, Whether or not Borrower is residing in the Property, Borr�wer shall main�ain�he Property �n order�o pre�ent�he Praperty from deteri�rat�ng or decr�as�ng in�alue due�o its c�ndition. Unless it is determined pursuant�o Section 5 that repair or resCora�ian i�not economica��y feas�ble, Borrawer shall promptly repair�he Praper�y if damaged ta a�oid further deteriora�ian or da�mage. �f insurance or condemnation proceeds ar�pa�d in connectifln with damage to, or the taking of, the Proper�y, Barrower sha11 b�responszble f�r repairing�r restar�ng the Proper�y only �f L�nd�r has r�l�ased proceeds for such purposes. L�nder may disburse praceeds N�BRASKA-Sir�gl�Famiiy-Fannie MaeJ�reddie Ma�EJNI�DRM iNSTRUMENT Farm 3�28 i 1�� VMP� VMPBtNE��i i 05y Wol#ers Kluwer Fir�ar�cial Ser�ices F'age 7 0#i 7 . ;