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<br /> AII insurance po��cx�s requ�red by Lender and r�nev�als of such policies sha��b�subj ect to Lender's righ�to
<br /> disapprove such pol�c��s, shall in��ude a standard mortgage c�ause, and shal�name Lender as mortgagee
<br /> andlor as an ac�ditional lass payee. L�nder shall ha�e the right �o ho�d the po�i�ies and ren�wal certif�cates. If
<br /> Lender requ�r�s, Borrower sha��promptly give to Lender aI�rece�pts of paid premiums and renewal n��ic�s.
<br /> �f Borrower obtains any form af�nsuranc�co�erage, not ather�vise required by L�nder, for damag�t�, or
<br /> destructian of, the Praperty, such pol�cy shal�znclude a standard mortgag�clause and sha��name L�nder as
<br /> mortgagee andlor as an additional loss payee.
<br /> In the event of�oss, Barrovver shaXX gzve prompt notice to the�nsurance carr�er and L�nder, Lender may
<br /> make pro�f of loss if not made pramptl�by B�rrower. Unless L�nd�r and Borr��er o�her�vise agree zn
<br /> wr�t�ng, any insurance proceeds, u�hether ar not th�underX�xng insurance was required by Lender, sha�l b�
<br /> applied to res�ara�ion or repair of the Property, �f the res�oration or repair is econamically feas�b�e and
<br /> Lender's security�s n��I�ssen�d. During such repa�r and restoration period, Lender s�aal�hawe the right ta
<br /> hold such insurance pro�e�ds until Lender has had an opportunity to inspec�such Prapert�to ensure the
<br /> work has been c�mpleted t� Lender`s sa�isfactian, provided tha�such�nspect�on sha�l be undertaker�
<br /> promptly. L�nder may disburse proceeds for t�e repairs and restorat�an in a single payment ar in a ser�es �f
<br /> progress payments as the v�r�rk zs�ompleted. Un�ess an agreernent is made in writing or Appli�able Law
<br /> requires interest to be pazd on such insurarrce pro�eeds, Lend�r shall not be required to pay Borrower any
<br /> int�r�st or earn�ngs on such proc�eds, Fees for pub��c adjus�ers, �r other third parties, retained b�B�rro�ver
<br /> shall not be paid out of the insurance proceeds and shal�b�the s�le obligati�n of Borro�ver. �f th�restoration
<br /> or repair is riot e�onomica.11y feasible or Lender's security wauld b�lessened, the insurance pro�eeds shall be
<br /> appli�d to the sums secured by�his Secur�ty Instrument, wh�ther or not�hen due, w�th the e�cess, if any,
<br /> paid ta BorroWer. Such insuranc�proceeds shall h�applied iri th�order prov�d�d for in Se�tion 2,
<br /> �f Borrower abandans the Property, Lender may file, negotiate and sett�e an� availabl�insurance c�aim and
<br /> related matters, If B�rrov�er does not respand�vithin 3�days�o a not�ce from L�nd�r that the insuranc�
<br /> carrier has offered to settle a c1a�m, then Lender may negot�ate and settle�h�claim, Th�3��day period�vzll
<br /> begin when�he no�ice is given, In�ither event, or if Lender acquzr�s the Property under 5ect�on�2 or
<br /> othervv�se, Borrow�r here��r assigns to Lender�a}Borrow�r's rights to any insurance proceeds zn an amount
<br /> no��o exceed the amaunts unpaid under the Note or th�s 5ecurity�nstrument, and�b} any other of
<br /> Barrower's rights �other�han the right to any r�fixnd of unearned premiums paid by Borro�ver�under all
<br /> insurance policies covering the Property, �nsofar as su�h rights are applica�le to the�overage�f the
<br /> Prflperty, Lender may use the insurance proc�eds eith�r to repair ar res�ore the Propert�or to pay amauxz�s
<br /> unpaid under the N�te ar�his Securzty Instrum�nt, v�hether or not then due.
<br /> �. ��cupancy. Borr�wer sha1l occupy, establish, ar��i use the Property as Borrower's principal res�dence
<br /> within 6U days after the execu��on of this 5ecurity Instrument arid shall continue t� oc�upy the Praperty as
<br /> Borro�v�r's principal r�sidence for at Ieast one�ear after the date af occupan�y, uxal.ess L�nder otherwise
<br /> agr��s in�riting, which cansent sha�I not be unreasonably withheld, �r unless e�.tenuatzng circumstances
<br /> exist wh�ch are beyond Borra�ver's control.
<br /> 7, Preser�ration, iUlainten�nc� �nd P�otection af the P�cape�ty; Inspectior�s. Borrower shal�not d�str�y,
<br /> damage�r impair the Praperty, allow the Proper�y�o d�teriorat�or comn�.t v�ras�e on�he Praperty. �hether
<br /> or not Borro�ver�s residing in the Propert�, Borro�ver shall maintain the Property�n order to prevent the
<br /> Praperty frflm det�r�orating or decr�asing in value due to�ts conditzon. Un�ess i�is determined pursuant to
<br /> Se�tian 5 that repair�r restoration�s na� econam�cal�y feasibl�, Borrower shall prom�ptly repa�r�he Property
<br /> �f damaged to avoid furth�r deteriarat�on or damage. If insurance�r c�ndemnat�on proce�ds are paid in
<br /> connect��n w�th damage�a, or the taking of, the Propert�r, Borrower shall be responsible for repairing or
<br /> restoring the Praper�y only if Lender has released proc�eds f�r such purposes, Lender may disburse pr�c�eds
<br /> N�gRASKA-Single Family-Fanni�MaelFreddie Mac UNIF�RM fNSTRUMENT Farm 3428 11�1
<br /> VMP Q� VMP6(N�j{13�2y
<br /> Walters Kluwer Financial Ser�ices Page 7 af'17
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